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Brazil 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
Brazil Animal Feed Market Size
The Brazil animal feed market is projected to grow at a CAGR of 5.60% between 2024 and 2032.
Brazil Animal Feed Market Outlook
- In 2022, the feed production in Brazil among all species reached 81.8 million tonnes, an increase of 1.3% as compared to 2021.
- In 2022/2023, soybean was the most produced crop in Brazil with around 155m tonnes produced.
- Brazil is the second-largest beef producer and the largest exporter on a global scale, accounting for a fourth of the total beef exports globally.
Brazil Animal Feed Market Growth
Brazil’s agricultural production is growing significantly, aided by rising global demand, strong prices, and technological advances. The demand for Brazilian protein exports is increasing, with the animal feed sector increasing its production and working to meet the growing demand. Brazil is the fifth largest country by consumption of each type of meat per capita. The growing livestock, poultry, and aquaculture sectors in Brazil are leading to the development of niche markets such as animal feed.
Soybean stands out as a key crop in the expansion of the country’s farm sector and the country’s growth as a top global supplier of agricultural products. Soybeans are majorly cultivated in the Center-West region of Brazil, in the states of Mato Grosso and Goiás, where the climate is humid-tropical with the presence of a significant rainy season. In the 2023/2024 market year, the soybean production in Brazil stood at 154,000 tons, in an area of 45,900 Ha.
The Centre West region is also the largest cattle-growing region, accounting for 35% of national production. The five states with the most cattle were Mato Grosso with 1.47 million head, São Paulo with 1.19 million head, Goiás with 1.16 million head, followed by Minas Gerais and Mato Grosso do Sul.
Brazil Animal Feed Industry Segmentation
Brazil 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
Brazil Animal Feed Market Share
Based on raw materials, the market is divided into soy and corn. The market for soy is witnessing growth, supported by the increasing demand from import markets, favourable government regulations, and increasing cultivation.
Leading Companies in the Brazil Animal Feed Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and product launches.
- Alltech Inc
- Archer-Daniels-Midland Company
- Cargill, Incorporated
- Nutreco N.V
- BRF S.A
- Guabi Nutrição e Saúde Animal S.A
- De Heus Voeders BV
- JA Teixeira Veterinária Ltda
- Others
The market participants are engaging in research and development and are making investments to improve their production facilities, further gaining a competitive edge in the market.
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:
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| Breakup by Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
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| 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 Brazil Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Brazil Animal Feed Historical Market (2018-2023)
9.3 Brazil Animal Feed Market Forecast (2024-2032)
10 Brazil 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 Brazil 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 Brazil 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 Guabi Nutrição e Saúde Animal S.A.
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 De Heus Voeders BV
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 JA Teixeira Veterinária Ltda.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 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 Billion), 2018 and 2032
2. Latin America Animal Feed Market: Key Industry Highlights (Billion Tons), 2018 and 2032
3. Brazil Animal Feed Market: Key Industry Highlights (USD Billion), 2018 and 2032
4. Brazil Animal Feed Market: Key Industry Highlights (Billion Tons), 2018 and 2032
5. Brazil Animal Feed Historical Market: Breakup by Type (USD Billion), 2018-2023
6. Brazil Animal Feed Market Forecast: Breakup by Type (USD Billion), 2024-2032
7. Brazil Animal Feed Historical Market: Breakup by Type (Billion Tons), 2018-2023
8. Brazil Animal Feed Market Forecast: Breakup by Type (Billion Tons), 2024-2032
9. Brazil Animal Feed Historical Market: Breakup by Livestock (USD Billion), 2018-2023
10. Brazil Animal Feed Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
11. Brazil Animal Feed Historical Market: Breakup by Livestock (Billion Tons), 2018-2023
12. Brazil Animal Feed Market Forecast: Breakup by Livestock (Billion Tons), 2024-2032
13. Brazil Animal Feed Historical Market: Breakup by Raw Material (USD Billion), 2018-2023
14. Brazil Animal Feed Market Forecast: Breakup by Raw Material (USD Billion), 2024-2032
15. Brazil Animal Feed Historical Market: Breakup by Raw Material (Billion Tons), 2018-2023
16. Brazil Animal Feed Market Forecast: Breakup by Raw Material (Billion Tons), 2024-2032
17. Brazil Animal Feed Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.60% between 2024 and 2032.
The key raw materials include soy, and corn, among others.
The major classifications based on type include fodder and forage, and compound feed.
The livestock include pork, aquatic animals, cattle, poultry, and others.
The factors aiding the market growth include the rising demand for animal protein, increasing dairy consumption, population explosion, and rising number of investments by market players.
The major regions of cattle rearing in Brazil are Mato Grosso, São Paulo , Goiás , Minas Gerais, and Mato Grosso do Sul.
The major players in the market are Alltech Inc, Archer-Daniels-Midland Company, Cargill, Incorporated, Nutreco N.V, BRF S.A, Guabi Nutrição e Saúde Animal S.A, De Heus Voeders BV, and JA Teixeira Veterinária Ltda, among others.
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