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Chile 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
Chile Animal Feed Market Size
The Chile animal feed market is projected to grow at a CAGR of 5.50% between 2024 and 2032.
Chile Animal Feed Market Outlook
- In the market year 2022-2023, Chile produced 550 tons of corn in a production area of 50 Ha.
- Due to the presence of a stable economy and free market policies, the feed production sector in Chile has attracted significant investments.
- On average, Chile exports 20 Kt of beef each year, majorly to China and Canada.
Chile Animal Feed Market Growth
With the presence of over 17 million people, Chile is among the richest countries in South America by per capita income. Agriculture contributes 5% to the country's gross domestic product (GDP). The livestock segment makes up a quarter of the agriculture sector in terms of value, making the animal feed sector a key contributor. Chile’s major livestock production includes pork, beef, and poultry products. The beef consumption in Chile is around 19 kg per capita. The increasing consumption of beef and other meat products with the rising importance of health and well-being and increasing protein consumption is leading to a greater demand for animal feed to enrich the livestock with adequate nutrients.
Pork is among the most consumed protein sources in Chile. Currently, pork consumption amounts to 17 kg per person each year and is expected to increase to 22 kg by 2028. Furthermore, dairy production in the country is significant with the presence of over 500,000 dairy cows in milk and 6,000 commercial farms.
The livestock and animal feed sector in Chile is majorly concentrated in central Chile where conditions for livestock farming are suitable, such as cattle, sheep, cow, pig, camel, deer, rabbit, alpaca, and many others. Dairy production in the country is predominantly located in the southern regions with its ample rainfall and good grazing.
Chile Animal Feed Industry Segmentation
Chile 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
Chile Animal Feed Market Share
Based on livestock, the market is divided into pork, aquatic animals, cattle, and poultry, among others. The aquatic animal cultivation is rising in Chile, resulted by the favourable market policies, stable economy, increasing investments, and rising demand for aquatic food products.
Leading Companies in the Chile 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
- BioMar Group
- Others
The market participants are engaged in providing high-quality feeds to cater to the requirements of livestock farmers and the increasing demand from consumers of meat.
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 Chile Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Chile Animal Feed Historical Market (2018-2023)
9.3 Chile Animal Feed Market Forecast (2024-2032)
10 Chile 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 Chile 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 Chile 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 BioMar Group
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. Chile Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
4. Chile Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Chile Animal Feed Historical Market: Breakup by Type (USD Million), 2018-2023
6. Chile Animal Feed Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Chile Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Chile Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Chile Animal Feed Historical Market: Breakup by Livestock (USD Million), 2018-2023
10. Chile Animal Feed Market Forecast: Breakup by Livestock (USD Million), 2024-2032
11. Chile Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Chile Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Chile Animal Feed Historical Market: Breakup by Raw Material (USD Million), 2018-2023
14. Chile Animal Feed Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
15. Chile Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Chile Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Chile Animal Feed Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.50% 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.
In the market year 2023/2024, Chile produced 575 tons of corn in an area of 50 Ha.
The market is being driven by the increasing demand for high-protein food products, increasing dairy consumption, rising investments, and favourable government initiatives.
Animal feed refers to the food substances provided to the livestock for their improved health.
The major players in the market are Alltech Inc, Archer-Daniels-Midland Company, Cargill, Incorporated, Nutreco N.V, BRF S.A, and BioMar Group, among others.
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