The Brazil feed additives market was valued at US$1.503 billion in 2021.
The increase in the consumption of meat with the rising per capita income is the major factor driving the Brazilian feed additive market growth. Moreover, increasing living standards and growing health concern with grooming the Brazilian economy further drives the feed additive market as consumers are willing to spend on high-quality dairy and meat products. Another major factor driving the feed additive market in Brazil is the outbreak of diseases among animals, to keep the animal healthy feed additive is highly used. However, rising raw material costs and uncertain economic factors can restrain market growth significantly.
This research study examines the Brazil feed additives market based on various segments: product type, and livestock. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model comprehensively analyzes Brazil’s feed additives industry. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the Brazilian feed additives market. Moreover, the research study analyzes the overall regulatory framework of Brazil’s feed additives sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Brazil feeds additives market – Forecasts from 2023 to 2028 are a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the Brazil feed additives market report are as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$1.503 billion |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Product Type and Livestock |
| Companies Covered | Cargill Incorporated, BASF SE, Novozymes, Nutreco, Chr. Hansen, Evonik Industries, Archer Daniels Midland Company, Alltech Inc, Elanco Animal Health., DSM Nutritional Products AG |
| Customization Scope | Free report customization with purchase |
Different segments covered under the Brazil feed additives market report are as below: