Latin America Poultry Feed Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

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Latin America Poultry Feed Market: By type (Broilers, Turkeys, Layers, and Others), By additives (Antibiotics, Antioxidants, Feed Enzymes, Vitamins, Amino Acids, Feed Acidifiers, and Others) and By Country – Latin America Poultry Feed Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

 

Market Dynamics: Latin America Poultry Feed Market

 

Poultry feed refers to the food for poultry farm, that includes ducks, chickens geese, and other domestic birds. Healthy growth of the poultry requires the sufficient essential nutrients in right amount and proportion required.

Latin America poultry feed market is driven by the increase in demand for the poultry meat coupled with the rise in concerns related to health and consumption of the animal protein among the population of Latin American countries. Increase in the export opportunities of the meat in countries such as Brazil and Argentina and spread of poultry diseases in the region. Furthermore, growth in awareness related to the poultry feed and additives for better health and nutrition supplement among the poultry farmers are expected to boost the Latin America poultry feed market over the forecast period. However, high cost raw materials and maintenance are expected to hamper the market growth over the forecast period.

 

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Market Scope: Latin America Poultry Feed Market

Latin America Poultry Feed market is segmented based on type, additives and by country

By type, global poultry feed market is segmented into

·         Broilers

·         Turkeys

·         Layers

·         Others

By additives, global poultry market is segmented into

·         Antibiotics

·         Antioxidants

·         Feed Enzymes

·         Vitamins

·         Amino Acids

·         Feed Acidifiers

·         Others

By country, Latin America Poultry Feed market is segmented into

·         Brazil

·         Mexico

·         Argentina

·         Venezuela

·         Rest of Latin America

 

 

 

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Country Analysis: Latin America Poultry Feed Market

Geographically the North America poultry feed market is divided into countries, Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. Brazil poultry feed market expected to grow at significant rates due to increase in the broiler meat production to meet the rising meat demands. Furthermore, companies are focusing on strengthening their position by adopting mergers and acquisitions. For instance, in December 2014, Nutreco acquired two animal nutrition companies in Brazil, Fatec Indústria de Nutrição e Saúde Animal Ltda. and BRNova Sistemas Nutriconais S.A. to expand its geographical reach and strengthen its position. Argentina poultry feed market is expected to have the notable growth rate owing to the rise in the consumption of meat and opportunities in exporting meat. Mexico poultry feed market is projected to have significant growth over the forecast period owing to the rise in the feed industry, change in the eating habits in the population towards the consumption of high protein animal products

 

Competition Assessment: Latin America Poultry Feed Market

Some of the players in Latin America Poultry Feed market includes

·         Evonik Industries AG (Germany)

·         Koninklijke DSM N.V. (Netherlands)

·         Novus International Inc. (U.S)

·         Alltech Inc. (U.S)

·         BASF SE (Germany)

·         Archer Daniels Midland Company (U.S)

·         Cargill Inc. (U.S)

·         Nutreco N.V. (SHV Holdings) (Netherlands)

 

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Key Features of the Report:

·         The report provides granular level information about the market size, regional market share, historic market (2012 to 2016) and forecast (2017 to 2023)

·         The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

·         The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

·         The report tracks recent innovations, key developments and startup’s details that are actively working in the market

·         The report provides plethora of information about market entry strategies and regulatory framework

·         The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

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About Precision Business Insights

 

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