Market Size of South America Feed Prebiotics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Feed Prebiotics Market Analysis
The South America Feed Prebiotics Market is projected to register a CAGR of 8% during the forecast period(2020-2025). The growth in livestock and aquaculture industry coupled with rising meat consumption is driving the demand for animals and aquafeed. According to the Food and Agriculture Organisation (FAO) in 2017 cattle and buffaloes population in South America was 358.17 million heads that increased to 358.61 million in 2018. Also, in 2017, the poultry population was 2637.361 million that reached 2684.75 in 2018. Thus the growing livestock production will create the demand for feed which in turn will impact the growth of the prebiotics market in the region Among all the countries, Brazil has the potential market for feed due to the easy availability of resources required for aquaculture and livestock production. The growing trend is observed among all the segments of the livestock with poultry being just ahead of ruminant and swine in market share. The key players in the market are looking towards various countries of South America for business expansion. The major players in the market are Alltech, Inc., Cargill, Inc., Beneo GmbH, FrieslandCampina Domo, and Beghin Meiji (Tereos S.A.), among others.
South America Feed Prebiotics Industry Segmentation
The report covers the prebiotics used in compound feed, as a part of the market scope. The market for prebiotics used as supplements in home-based feed is excluded from the market scope and the end consumers of the products include feed mills. On the basis of type, the South America feed prebiotics market is segmented into inulin, fructo-oligosaccharides, galacto-oligosaccharides, and other types. On the basis of animal type the market is segmented into ruminants, poultry, swine, aquaculture, and other animal types in the countries such as Brazil, Argentina, and the Rest of South America.
| Type | |
| Inulin | |
| Fructo-Oligosaccharides | |
| Galacto-Oligosaccharides | |
| Other Types |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Geography | |
| Brazil | |
| Argentina | |
| Rest of South America |
South America Feed Prebiotics Market Size Summary
The South America feed prebiotics market is experiencing significant growth, driven by the expanding livestock and aquaculture industries and the increasing demand for animal and aquafeed. The region's livestock population, particularly in Brazil, is on the rise, with poultry leading the market share, followed by ruminants and swine. This growth is fueled by the rising meat consumption and the shift towards mass production of livestock, which necessitates the inclusion of prebiotics in animal feed to address health concerns. Brazil stands out as a key player in the market due to its abundant resources for aquaculture and livestock production, as well as its large meat export opportunities, especially to high-demand markets like Europe. The market is characterized by the presence of major global and regional players, such as Alltech, Inc., Cargill, Inc., and Beneo GmbH, who are focusing on product innovation and expansion to capture a larger customer base.
The market landscape is competitive, with top players investing heavily in research and development to enhance product quality and expand their product lines. The strategic acquisitions, such as Cargill's agreement to acquire Integral Animal Nutrition, highlight the focus on strengthening feed additive portfolios to better serve the growing demand in Brazil. The regulatory pressures from European countries are prompting the Brazilian livestock industry to seek safer and more effective feed additives, further propelling the demand for prebiotics. As the market continues to evolve, the emphasis on quality and innovation remains a critical strategy for companies aiming to maintain a competitive edge in the South American feed prebiotics market.
South America Feed Prebiotics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Inulin
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2.1.2 Fructo-Oligosaccharides
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2.1.3 Galacto-Oligosaccharides
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2.1.4 Other Types
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2.2 Animal Type
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2.2.1 Ruminants
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2.2.2 Poultry
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2.2.3 Swine
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2.2.4 Aquaculture
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2.2.5 Other Animal Types
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2.3 Geography
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2.3.1 Brazil
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2.3.2 Argentina
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2.3.3 Rest of South America
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South America Feed Prebiotics Market Size FAQs
What is the current South America Feed Prebiotics Market size?
The South America Feed Prebiotics Market is projected to register a CAGR of 8% during the forecast period (2024-2029)
Who are the key players in South America Feed Prebiotics Market?
Alltech Inc., Cargill, Incorporated, Tereos, COSUCRA and Roquette Freres S.A. are the major companies operating in the South America Feed Prebiotics Market.
