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Argentina Animal Feed Market Size, Share, Trends, Growth: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators of Price; Competitive Landscape; 2024-2032
Argentina Animal Feed Market Size
The Argentina animal feed market is projected to grow at a CAGR of 4.30% between 2024 and 2032.
Argentina Animal Feed Market Outlook
- As per the industry reports 2021, broiler feed was the largest type of feed produced in Argentina.
- Buenos Aires, Cordoba, and Santa Fe are the major provinces of animal feed production in the country.
- The soybean production in Argentina is expected to reach a volume of 49.7 million tonnes in the year 2023-24, providing ample opportunities for soybean-based feed.
Argentina Animal Feed Market Growth
Growing demand for animal-based protein necessitating the requirement of high-quality animal feed, surge of meat-based products, and rise in cattle-rearing practices to fulfil the increasing demand from consumers are some of the prominent market drivers.
Cattle-rearing practices have witnessed a surge as cattle are the primary source of dairy products such as milk, cheese, and butter, among others. Moreover, feed products are being readily integrated with additives such as amino acids which address the skin issues in animals. Some additives on the other hand can boost the protein content in meat, consequently fuelling its popularity among the masses.
Advancements in feed production technologies to detect contamination and optimise feed safety are some influential key trends in the market. These innovations can boost the efficiency of feed production as well as the quality of feed to ensure the growth and health of the livestock, which will eventually lead to the development of high-quality animal products.
Argentina Animal Feed Industry Segmentation
“Argentina Animal Feed Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fodder and Forage
- Compound Feed
Market Breakup by Livestock
- Pork
- Aquatic Animal
- Cattle
- Poultry
- Others
Market Breakup by Raw Material
- Soy
- Corn
- Others
Argentina Animal Feed Market Share
Based on livestock, the market is divided into pork, aquatic animal, cattle, and poultry, among others. The cattle sector is expected to hold a major market share due to the rising demand for beef cattle, which ranks second only to Wagu cattle from Japan, globally. This cattle is prized for its unique flavour in the country which originates from its muscles. Additionally, cattle are raised for milk, butter, and cheese production, which are a good source of calcium and protein, leading to rising demand among health-conscious consumers.
Leading Companies in the Argentina Animal Feed Market
The market players are offering innovative animal feed to gain a competitive edge in the market.
- Alltech Inc.
- Archer-Daniels-Midland Company
- Cargill, Incorporated
- Nutreco N.V.
- BRF S.A.
- Santa Silvina
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Latin America Animal Feed Historical Market (2018-2023)
8.3 Latin America Animal Feed Market Forecast (2024-2032)
9 Argentina Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Argentina Animal Feed Historical Market (2018-2023)
9.3 Argentina Animal Feed Market Forecast (2024-2032)
10 Argentina Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Argentina Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Argentina Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Alltech Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Archer-Daniels-Midland Company
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Cargill, Incorporated
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Nutreco N.V.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 BRF S.A.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Santa Silvina
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
2. Latin America Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Argentina Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
4. Argentina Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Argentina Animal Feed Historical Market: Breakup by Type (USD Million), 2018-2023
6. Argentina Animal Feed Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Argentina Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Argentina Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Argentina Animal Feed Historical Market: Breakup by Livestock (USD Million), 2018-2023
10. Argentina Animal Feed Market Forecast: Breakup by Livestock (USD Million), 2024-2032
11. Argentina Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Argentina Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Argentina Animal Feed Historical Market: Breakup by Raw Material (USD Million), 2018-2023
14. Argentina Animal Feed Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
15. Argentina Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Argentina Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Argentina Animal Feed Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 4.30% between 2024 and 2032.
The market is being driven due to growing demand for animal-based protein, a surge of meat-based products, and a rise in cattle-rearing practices.
The key trends aiding the market include advancements in feed production technologies, integration of additives such as amino acids, and expansion of industrial farms.
Based on type, market segmentations include fodder and forage and compound feed.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
Various types of raw materials are soy, and corn, among others.
Broiler feed is the largest type of feed produced in the country.
The major players in the market are Alltech Inc., Archer-Daniels-Midland Company, Cargill, Incorporated, Nutreco N.V., BRF S.A., and Santa Silvina, among others.
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