| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.36 Billion |
| Market Size (2029) | USD 1.7 Billion |
| CAGR (2024 - 2029) | 4.58 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Mexico Feed Additives Market Analysis
The Mexico Feed Additives Market size is estimated at USD 1.36 billion in 2024, and is expected to reach USD 1.7 billion by 2029, at a CAGR of 4.58% during the forecast period (2024-2029).
- In Mexico, the feed additives market has surged, particularly within the agriculture and livestock sectors, driven by an unwavering commitment to enhancing feed efficiency. This emphasis on feed efficiency is paramount in animal husbandry, given its far-reaching consequences for producers and the environment alike.
- Feed additives, such as probiotics, enzymes, amino acids, and vitamins, are instrumental in optimizing nutrient utilization, fostering ideal growth, and safeguarding animal health. By requiring less feed to achieve the same meat output, there's a significant drop in greenhouse gas emissions and conservation of resources. As Mexico grapples with rising food demands, the importance of feed additives in enhancing feed efficiency is magnified. They present a sustainable avenue to satisfy the nation's escalating protein requirements while curtailing the environmental repercussions of livestock farming. Recognizing the significance of feed additives, animal feed companies have made calculated moves. A case in point: Phirbo Animal Health, in a strategic 2024 move, acquired Zoetis' medicated feed additives portfolio for a hefty USD 350 million, bolstering its operations in Mexico.
- Mexican companies are actively championing the growth of this market. In 2022, for instance, Nupec, a leading pet food manufacturer, rolled out eight innovative formulations aimed at enhancing health and digestion. These formulations, tailored for three cat varieties and five dog breeds, are fortified with functional ingredients, including prebiotics, fatty acids, and natural preservatives.
Mexico Feed Additives Industry Segmentation
Feed additives are vital to animal nutrition, enhancing feed properties, promoting animal health and performance, and boosting the nutritional value of products derived from animals. The Mexico Feed Additives market is divided into segments based on additive type (including antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders, minerals, and other feed additives) and animal type (covering ruminants, swine, poultry, and other animals). The report offers market estimation and forecasts in value (USD) for all the above segments.
Additive Type
| Antibiotics |
| Vitamins |
| Antioxidants |
| Amino Acids |
| Enzymes |
| Mycotoxin Detoxifiers |
| Prebiotics |
| Probiotics |
| Flavors and Sweeteners |
| Pigments |
| Binders |
| Minerals |
| Other Feed Additives |
Animal Type
| Ruminants |
| Swine |
| Poultry |
| Other Animal Types |
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Mexico Feed Additives Market Size Summary
The Mexico feed additives market is poised for significant growth, driven by increasing demand for animal nutrition and the need for enhanced food safety standards. The livestock industry is increasingly adopting probiotics due to the ban on antibiotics in many regions, which is boosting the consumption of feed additives. The rising processed meat consumption and Mexico's position as a leading beef exporter to countries like the United States and Japan are further propelling the market. As these countries shift towards organic meat, Mexican producers are seeking innovative solutions to improve meat and milk yield, thereby increasing the demand for feed additives. The competition for raw materials between the feed and food industries also underscores the need for cost-effective additives, as the country experiences a surge in livestock production and compound feed consumption.
The poultry sector, a cornerstone of Mexico's animal protein production, is experiencing steady growth, with broiler meat production on the rise due to advancements in genetics and biosecurity. This growth is supported by the increasing demand for poultry meat and eggs, with chicken being a staple in Mexican cuisine. The poultry industry accounts for a significant portion of feed grain consumption, highlighting the critical role of feed additives in enhancing production and health. The market is moderately consolidated, with major players like DSM, Evonik Industries AG, and Elanco Animal Health Inc. expanding their product portfolios to maintain competitiveness. Recent developments, such as DSM's launch of Symphiome, reflect the industry's focus on improving feed efficiency and reducing environmental impact, further driving the demand for feed additives in Mexico.
Mexico Feed Additives Market Size - Table of Contents
1. MARKET DYNAMICS
- 1.1 Market Overview
-
1.2 Market Drivers
- 1.2.1 Increasing Industrial Livestock And Compound Feed Production
- 1.2.2 Changing Demographics And Food Habits Among Consumers
- 1.2.3 Increasing Livestock Exports
-
1.3 Market Restraints
- 1.3.1 Challenging Government Regulations
- 1.3.2 Rising Costs Of Raw Materials
-
1.4 Porters Five Force Analysis
- 1.4.1 Threat of New Entrants
- 1.4.2 Bargaining Power of Buyers/Consumers
- 1.4.3 Bargaining Power of Suppliers
- 1.4.4 Threat of Substitute Products
- 1.4.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
-
2.1 Additive Type
- 2.1.1 Antibiotics
- 2.1.2 Vitamins
- 2.1.3 Antioxidants
- 2.1.4 Amino Acids
- 2.1.5 Enzymes
- 2.1.6 Mycotoxin Detoxifiers
- 2.1.7 Prebiotics
- 2.1.8 Probiotics
- 2.1.9 Flavors and Sweeteners
- 2.1.10 Pigments
- 2.1.11 Binders
- 2.1.12 Minerals
- 2.1.13 Other Feed Additives
-
2.2 Animal Type
- 2.2.1 Ruminants
- 2.2.2 Swine
- 2.2.3 Poultry
- 2.2.4 Other Animal Types
Mexico Feed Additives Market Research FAQs
How big is the Mexico Feed Additives Market?
The Mexico Feed Additives Market size is expected to reach USD 1.42 billion in 2025 and grow at a CAGR of 4.58% to reach USD 1.78 billion by 2030.
What is the current Mexico Feed Additives Market size?
In 2025, the Mexico Feed Additives Market size is expected to reach USD 1.42 billion.
