logo

Argentina Feed Additives Market Size (2024 - 2029)

The Argentina Feed Additives Market is experiencing growth driven by increased meat consumption and the subsequent rise in livestock production to meet this demand. This expansion in livestock production has also opened up export opportunities, positioning Argentina as a significant player in the South American feed additive sector. The market's development is crucial for enhancing meat and milk production to satisfy the growing demand for quality meat.

Home Market Analysis Animal Nutrition & Wellness Research Feed Additives Research Argentina Cattle Feed & Feed Additives Industry Market Size

Market Size of Argentina Feed Additives Industry

Argentina Feed Additives Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 750.94 Million
Market Size (2029) USD 939.82 Million
CAGR (2024 - 2029) 4.59 %

Major Players

Argentina Feed Additive Market Major Players

*Disclaimer: Major Players sorted in no particular order

Argentina Feed Additives Market Analysis

The Argentina Feed Additives Market size is estimated at USD 750.94 million in 2024, and is expected to reach USD 939.82 million by 2029, growing at a CAGR of 4.59% during the forecast period (2024-2029).

Growing meat consumption in the country resulted in the mass production of livestock to cater to the demand is driving the market for feed additives. The rising livestock production and demand for meat from other countries have paved the way for export opportunities. Argentina is one of the leading countries in the South American feed additive market, accounting for 17.4% of the market by value in 2022. Feed additives are one of the ways by which meat and milk production can be increased to meet the rising demand for quality meat. Alltech Inc., ADM Co, Adisseo, Cargill Inc., BASF, and DSM are some key players in the country. In 2017, Phibro Animal Health Corporation acquired Argentina-based Biotay S.A. a leading developer, manufacturer, and marketer of animal health and nutritional products. The acquisition will strengthen Phibro's business.

Argentina Feed Additives Industry Segmentation

Feed additives are used in animal nutrition to achieve an effect on the feed itself, improve the performance and health of animals, and enhance the nutritional value of animal products.

Argentina's feed additives market is segmented by additive type (antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders, and minerals) and animal type (ruminants, swine, poultry, and other animal types). The report offers market estimation and forecasts in value (USD million) for all the above segments. 

Additive Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Mycotoxin Detoxifiers
Prebiotics
Probiotics
Flavors and Sweeteners
Pigments
Binders
Minerals
Animal Type
Ruminants
Poultry
Swine
Others
Need A Different Region Or Segment?
Customize Now

Argentina Feed Additives Market Size Summary

The Argentina feed additives market is experiencing growth driven by increasing meat consumption and the subsequent rise in livestock production. This demand has positioned Argentina as a leading player in the South American feed additive sector, with significant export opportunities due to its status as a major beef exporter. The market is characterized by a focus on enhancing meat and milk production through the use of feed additives, which are crucial for meeting the rising demand for quality meat. Key industry players such as Alltech Inc., ADM Co, Adisseo, Cargill Inc., BASF, and DSM are actively involved in the market, with strategies centered around business expansion and acquisitions to strengthen their market presence.

The market is fragmented, with competition among various players to capture market share. The ruminant segment holds a significant portion of the market, reflecting the country's strong beef production capabilities. Meanwhile, the poultry and swine segments are also growing, driven by increasing animal populations and the essential role of feed additives in their development. The market dynamics are further influenced by international trade, particularly with China, which is a major export destination for Argentine meat. However, challenges such as antibiotic contamination issues have prompted a shift towards feed prebiotics, impacting market trends and opportunities.

Explore More

Argentina Feed Additives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Additive Type

      1. 2.1.1 Antibiotics

      2. 2.1.2 Vitamins

      3. 2.1.3 Antioxidants

      4. 2.1.4 Amino Acids

      5. 2.1.5 Enzymes

      6. 2.1.6 Mycotoxin Detoxifiers

      7. 2.1.7 Prebiotics

      8. 2.1.8 Probiotics

      9. 2.1.9 Flavors and Sweeteners

      10. 2.1.10 Pigments

      11. 2.1.11 Binders

      12. 2.1.12 Minerals

    2. 2.2 Animal Type

      1. 2.2.1 Ruminants

      2. 2.2.2 Poultry

      3. 2.2.3 Swine

      4. 2.2.4 Others

Argentina Feed Additives Market Size FAQs

The Argentina Feed Additives Market size is expected to reach USD 750.94 million in 2024 and grow at a CAGR of 4.59% to reach USD 939.82 million by 2029.

In 2024, the Argentina Feed Additives Market size is expected to reach USD 750.94 million.

Argentina Feed Preservatives Market Report Snapshots

Argentina Feed Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)