Ruminant livestock are the second largest consumers of compound feed in South America. Increasing global cattle meat production will bolster this trend. Healthy growth rate is expected in developing nations such Brazil due to increasing regional demand for meat products.
Source: Mordor Intelligence Analysis
Awareness Regarding Safety of Milk Products
Food safety has become an important issue for many governments around the world, especially in North America and Europe. The use of feed, particularly those containing antioxidants, antibiotics, enzymes, and vitamins provides balanced nutrition to animals and protects them against environmental influences, which cause diseases. Certain pathogenic and parasitic contaminations in meat products such as salmonella, listeria and E. coli, along with various disease outbreaks in livestock animals, such as swine flu and foot and mouth disease, in the past decade, have raised concerns over meat quality and safety.
Increased awareness among consumers around the world is increasing the demand for safe meat and animal by-products, this is prompting the livestock industry and meat manufacturers to use additives and premixes in their compound feed to prevent diseases and malnutrition in livestock, ensuring that food reaching the consumer is safe and wholesome.
Stringent Regulatory Structure
Regulatory issues are the biggest constraints in the animal feed industry. Animal feed production comes under feedstuff regulations in most countries. Concerns about development of antibiotic resistance in humans by consumption of meat and animal by-products by livestock fed with antibiotics has led to the withdrawal in use of antibiotics in animal feed. Since 2006, the European Union has imposed a stringent regulatory framework for use of antibiotics in animal feed. This was followed by a similar ban in the United States in 2009, where the use of antibiotics as growth promoters in livestock was banned. Europe had also recently imposed a ban on the use of animal proteins in aqua feed further tightening its ban on feed additives. Moreover, recent controversies about ban of GM food and feed import can affect the supply of raw materials for feed.
Stringent regulations in the European Union and the United States will drastically effect the feed Industry across the world due to restrictions in import and export. Many countries in the region such as Brazil, Colombia, and Argentina that export meat to North America and European nations do not have such strict regulatory framework against antibiotics or animal proteins usage in animals or in feeds. Such disparities in regulations have adverse effects on the global feed trade especially between developed and developing economies. Producers of animal feed in the developing nations are required to follow strict regulations related to regional and national health and safety for their products approval in the developed nations. This ultimately affects the cost of the final products. Such regulatory initiatives are posing challenges for existing feed products and increasing the cost of new feed development.
Key Developments in the Market:
- August 2016: Adisseo introduced new enzyme Rovabio® Advance in Brazil with combination of enzymes, amino acids, phosphorus and calcium.
- June 2016: Cargill introduced preventive offering to help animal producers manage mycotoxin risk.
Major Players include - Cargill Inc., Land O Lakes Purina, Alltech Inc. (U.S.), Archer Daniels Midland (U.S.) amongst others.
Reasons to Purchase this Report
- Study on the adoption of ruminant feed in developing regions and its effects on the global feed industry.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the players expected to dominate the market during the forecast period.
- Study on the region expected to witness fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major market players.
- 3 months analyst support along with the Market Estimate sheet (in excel).
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1.1 Study Deliverables
1.2 General Study Assumptions
2. RESEARCH METHODOLOGY
2.2 Analysis Methodology
2.3 Study Assumptions
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW AND TECHNOLOGY TRENDS
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Threat of Substitutes
4.3.3 Bargaining Power of Suppliers
4.3.4 Bargaining Power of Buyers
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
6. SOUTH AMERICA RUMINANT FEED PREMIX MARKET SEGMENTATION, BY TYPE
6.4 Amino Acids
7. SOUTH AMERICA RUMINANT FEED PREMIX MARKET SEGMENTATION, BY GEOGRAPHY
7.1 South America
7.1.3 Rest of the South America
8. COMPETITIVE LANDSCAPE
8.2 Market Share Analysis
9. COMPANY PROFILES
9.1 Cargill Inc
9.2 Land O Lakes Feed
9.3 DBN Group
9.4 Archer Daniels Midland
9.6 For Farmers
9.7 DLG Group
9.8 DSM NV
9.9 De Heus
9.10 Lallemand Animal Nutrition
9.12 Kent Feeds