Mexico Animal Feed Market Size, Share, Opportunities, COVID-19 Impact, And Trends, By Type (Fodder, Forage, Compound Feed), By Livestock (Swine, Aquatic Animals, Cattle, Poultry, Others), By Production Systems (Integrated, Commercial Mills), By Form (Liquid, Dry), By Raw Material (Soya, Corn, Rendered Meat, Others) - Forecasts From 2022 To 2027

  • Published : Nov 2022
  • Report Code : KSI061610160
  • Pages : 84

Mexico Animal Feed Market is expected to grow at a compound annual growth rate of 5.14% over the forecast period to reach a market size of US$17.947 billion in 2027 from US$12.640 billion in 2020.

As per the USDA Grain and Feed Annual report published in March 2022, Mexico continues to be a major importer of basic grains. The United States is expected to remain Mexico’s principal supplier due to logistical advantages coupled with existing business relationship benefits. Furthermore, feed consumption of wheat is expected to continue to decline, owing to the relatively higher cost of wheat than alternatives such as corn. Increases in corn for feed consumption are largely explained by the changes in diet patterns and increased income and expenditure by the population on animal proteins. At higher consumer incomes, expenditures on cereals and basic crops tend to decrease, while the expenditure on the consumption of poultry, pork, and beef meats, milk, and eggs increases. For feed consumption, corn grain is fed to livestock and poultry in its original form either by itself or in combination with supplements in compound feed. The animal feed industry is expected to grow marginally in 2020, the poultry sector continues to be the major user of feed grains in Mexico, which is mainly corn.

Furthermore, the Mexican poultry industry grew significantly in 2019 and this trend is expected to continue in 2020 as per the National Union of Poultry Farmers (UNA). Moreover, feed represents a notable share of the total cost of the production of broiler meat. Chicken meat and egg consumption are also increasing, due to being affordable in an increasingly price-sensitive market. Also, these sources of protein are increasingly being considered viable and healthy alternatives to beef and pork. Livestock production in Mexico continues to grow because of the vertical integration of farms coupled with better biosecurity measures. In 2019, Mexican livestock exports achieved a new record, with the United States as its main trading partner. Furthermore, beef exports are also expected to increase in Mexico, especially to Asian markets where high-labor, added-value meat products command a price premium. Additionally, the domestic pork industry also continues to grow owing to the consumer preference for more affordable animal proteins. Therefore, with such aforementioned factors that are conducive to Mexico’s animal feed market expansion, it will this market is expected to witness healthy growth during the forecast period.

Key Developments

  • In June 2022, Buhler Group created a joint venture with IMDHER S.A. de C.V., one of the best-recognized players in the Mexican animal feed market. The joint venture expands the offering to Mexican customers with the help of Buhler’s technology solution and IMDHER’s existing assets.
  • Archer Daniels Midland’s pet solution division announced the expansion of its pet food production capacity in Mexico by adding a new production line at the existing Guadalajara pet food plant in March 2022. The new operation of the company aims to provide the northern markets of Mexico and Colombia with quality pet food.

COVID-19 Impact on Mexico Animal Feed Market

The global pandemic had a significant impact on the Mexican animal feed market due to various factors such as supply chain market disruptions, reduction in the demand for meat products, and so on. Furthermore, the overall production of feed was affected owing to the pandemic shutdowns and social distancing protocol. The animal feed companies operating in the Mexican market also witnessed the impact of unstable market conditions; the overall price rise of raw materials and transportation affected the growth of the Mexican animal feed market during the pandemic.

Mexico Animal Feed Market Scope:


Report Metric Details
 Market Size Value in 2020  US$12.640 billion
 Market Size Value in 2027  US$17.947 billion
 Growth Rate  CAGR of 5.14% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Type, Livestock, Production Systems, Form, And Raw Materials
 Companies Covered Alltech, Cargill, Incorporated, Purina Animal Nutrition (Land O’Lakes), Archer Daniels Midland, BASF SE, Kent Nutrition Group, Kemin Industries, Inc., DSM, NOVUS INTERNATIONAL
 Customization Scope  Free report customization with purchase



  • By Type
    • Fodder
    • Forage
    • Compound Feed
  • By Livestock
    • Swine
    • Aquatic Animals
    • Cattle
    • Poultry
    • Others
  • By Production Systems
    • Integrated
    • Commercial mills
  • By Form
    • Liquid
    • Dry
  • By Raw Material
    •  Soya
    • Canola
    • Rendered Meat
    • Others

1. Introduction

1.1. Market Introduction 

1.2. COVID-19 Scenario

1.3. Market Definition

1.4. Market Segmentation


2. Research Methodology

2.1. Research Data

2.2. Assumptions


3. Executive Summary

3.1. Research Highlights


4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5. Mexico Animal Feed Market, By Type 

5.1. Introduction

5.2. Fodder

5.3. Forage

5.4. Compound Feed


6. Mexico Animal Feed Market, By Livestock 

6.1. Introduction

6.2. Aquatic Animals

6.3. Cattle

6.4. Poultry

6.5. Others


7. Mexico Animal Feed Market, By Form 

7.1. Introduction

7.2. Liquid

7.3. Dry


8. Mexico Animal Feed Market, By Production Systems 

8.1. Introduction

8.2. Integrated

8.3. Commercial Mills


9. Mexico Animal Feed Market, By Raw Materials 

9.1. Introduction 

9.2. Soya

9.3. Corn

9.4. Rendered Meal

9.5. Others


10. Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix


11. Company Profiles

11.1. Alltech

11.2. Cargill, Incorporated

11.3. Purina Animal Nutrition (Land O’Lakes)

11.4. Archer Daniels Midland

11.5. BASF SE

11.6. Kent Nutrition Group

11.7. Kemin Industries, Inc.

11.8. DSM



Cargill, Incorporated

Purina Animal Nutrition (Land O’Lakes)

Archer Daniels Midland


Kent Nutrition Group

Kemin Industries, Inc.