Report Overview

Brazil Animal Feed Market – Industry Trends & Forecast Report, 2029

Brazil animal feed market size was estimated at USD 22.91 billion in 2022. During the forecast period between 2023 and 2029, the size of Brazil animal feed market is projected to grow at a CAGR of 5.67% reaching a value of USD 31.89 billion by 2029. Major factors driving the growth of the Brazil animal feed market are the expanding livestock industry, increasing demand for high-quality protein sources, and a growing focus on animal health and nutrition. There is also a rising interest in sustainable and environmentally friendly feed solutions. The market is witnessing advancements in feed technology and formulation to improve efficiency and meet the evolving needs of livestock producers. Government support for the agricultural sector and investments in research and development also contributed to the positive trajectory of the Brazilian animal feed industry.

Brazil Animal Feed Market - Overview

Animal feed refers to the nutritional substances and formulations given to domesticated animals to meet their dietary requirements for growth, health, and productivity. It can be in the form of compound feeds, supplements, or additives, comprising grains, oilseeds, protein-rich ingredients, vitamins, minerals, and other additives. Animal feed plays a vital role in maintaining animal welfare, supporting efficient livestock production, and enhancing the quality of meat, milk, and eggs. The industry is subject to rigorous regulations to ensure safety and sustainability. With a growing global population and demand for animal products, the animal feed sector continues to evolve and innovate.

Growth Drivers

Sustainable Livestock Production

In Brazil, the animal feed market is experiencing a significant growth driver through the adoption of sustainable livestock production practices. With increasing awareness of the environmental impact and consumer demand for ethically sourced products, livestock farmers are shifting towards innovative feed solutions. Environmentally friendly feed options, such as plant-based and insect-based feeds, are gaining traction, reducing the dependency on traditional feed sources like soy and corn. Also, the incorporation of advanced technologies to enhance feed efficiency and nutritional value is attracting investors and fostering market expansion. This sustainable approach is not only bolstering the animal feed industry but also promoting Brazil's reputation as a responsible and eco-conscious agricultural leader.

Restraints

Supply Chain Constraints Amid Soaring Demand

In recent years, Brazil's animal feed market has experienced a surge in demand, driven by a booming livestock industry and increasing meat exports. However, this growth has led to challenges in the supply chain. The limited availability of raw materials, such as soybean and corn, has resulted in price fluctuations, affecting feed production and overall profitability for farmers. Also, environmental concerns have put pressure on sustainable sourcing practices, further impacting the market. Amid these restraints, industry players are actively seeking innovative solutions to ensure a stable and sustainable future for Brazil's animal feed sector.

Impact of COVID-19 on Brazil Animal Feed Market

The COVID-19 pandemic significantly impacted Brazil's animal feed market, causing disruptions across the livestock industry. As lockdowns and restrictions were implemented, the demand for meat products decreased, leading to a reduction in animal feed consumption. Supply chain disruptions and logistical challenges also affected the distribution of feed ingredients, causing price fluctuations. Farmers and feed producers faced hardships, grappling with lower revenues and increased operational costs. Despite these challenges, the sector showed resilience as it adapted to the new normal, exploring innovative distribution channels and focusing on sustainable practices to mitigate the pandemic's impact on the industry.

Brazil Animal Feed Market

Segmental Coverage

Brazil Animal Feed Market – By Type

On the basis of type, Brazil animal feed market is divided into Fodder, Forage, and Compound Feed segments. These segments play crucial roles in catering to the diverse nutritional needs of livestock and animals in the country. Each segment targets specific requirements and contributes significantly to the overall growth of the animal feed industry. As a key player in the global market, Brazil's focus on these segments underscores its commitment to ensuring the well-being and productivity of its livestock and reinforcing its position in the international animal feed sector.

Brazil Animal Feed Market – By Livestock

By livestock, Brazil animal feed market is divided into Swine, Aquatic Animals, Cattle, and Poultry segments. The poultry segment dominates the market share. The segment's quick rise can be ascribed to an increase in Brazilian poultry product exports during the predicted period. Poultry farming is a significant industry in Brazil, driven by high demand for chicken and eggs both domestically and internationally. The segment's growth is attributed to its affordability, versatility, and nutritional value, making poultry feed a crucial component of the animal feed market. As a result, investments, innovations, and production in this segment are pivotal to meeting the country's rising poultry consumption and maintaining its position as a leading player in the global animal feed market.

Brazil Animal Feed Market – By Source

Based on source, Brazil animal feed market is bifurcated into Organic and Conventional segments. These segments cater to different consumer preferences and requirements. The Organic segment focuses on feeding animals with naturally sourced and non-genetically modified ingredients, meeting the rising demand for eco-friendly and sustainable products. On the other hand, the conventional segment encompasses traditional feed products. This market bifurcation reflects Brazil's dedication to offering diverse options to its consumers while addressing the growing need for sustainable and conventional animal feed solutions in the country.

Brazil Animal Feed Market – By Form

On the basis of form, Brazil animal feed market is split into Liquid and Dry segments. These segments represent the different physical states of the feed products available in the market. The liquid segment includes feed products in liquid form, while the dry segment comprises feed products in a solid, powdered, or granular state. This segmentation allows for a better understanding of the diverse range of animal feed options available to cater to the specific needs of various livestock and poultry, contributing to the overall growth and efficiency of the Brazilian animal feed industry.

Brazil Animal Feed Market – By Raw Material

By raw material, Brazil animal feed market is divided into Cereals & grains, Wheat, Maize, Barley, and Oilseeds segments. These divisions play a crucial role in the country's livestock industry, supplying the necessary nutrients for various animals. By understanding and analyzing these segments, stakeholders can make informed decisions to meet the growing demands of the Brazilian animal feed market, contributing to the nation's agricultural and economic development.

Competitive Landscape

Major players in the Brazil animal feed market include Tyson Foods, Alltech, Cargill, Incorporated, Purina Animal Nutrition (Land O’Lakes), Aurora Alimentos, Archer Daniels Midland, BASF SE, Hi-Pro Feeds, Kent Nutrition Group, and De Heus. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

• In October 2022 - Cargill acquired Integral Animal Nutrition, a cattle feed producer in Brazil, including a production plant located in Brazil and a portfolio of products ranging from Free Choice minerals to premixes.

• In January 2022 - Archer Daniels Midland Co. opened its Aquaculture Innovation Lab at the Animal Nutrition Technology Center (ANTC) in Illinois and with this, the company laboratory extended ADM’s international research and development capabilities to a new region, building on existing aquaculture research facilities located in Brazil, Mexico, and Vietnam.

Scope of the Report

By Type

• Fodder

• Forage

• Compound Feed

By Livestock

• Swine

• Aquatic Animals

• Cattle

• Poultry

By Source

• Organic

• Conventional

By Production System

• Organic

• Conventional

By Form

• Liquid

• Dry

By Raw Material

• Cereals & grains

• Wheat

• Maize

• Barley

• Oilseeds

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Brazil Animal Feed Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increased Demand for Organic Feed and Industrial Livestock
         2. Growing Belief of consumers to Include More Protein in their Diet regularly
         3. Growing Demand for Protein Rich Animal Feeding
      2. Restraints
         1. Implementation of Stringent Regulation on Animal Husbandry
      3. Opportunities
         1. Rising Focus on Animal Health and Quick Expansion of Animal Agribusiness
         2. Development in R&D
      4. Challenges
         1. Food Insecurity
   3. Technological Advancement/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Brazil Animal Feed Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. Fodder
         2. Forage
         3. Compound Feed
      2. By Livestock
         1. Swine
         2. Aquatic Animals
         3. Cattle
         4. Poultry
         5. Others
      3. By Source
         1. Organic
         2. Conventional
      4. By Form
         1. Liquid
         2. Dry
      5. By Raw Material
         1. Cereals & grains
         2. Wheat
         3. Maize
         4. Barley
         5. Oilseeds
         6. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Brazil Wireless Healthcare Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of COVID-19 on Brazil Animal Feed Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Tyson Foods
   2. Alltech
   3. Cargill, Incorporated
   4. Purina Animal Nutrition (Land O’Lakes)
   5. Aurora Alimentos
   6. Archer Daniels Midland
   7. BASF SE
   8. Hi-Pro Feeds
   9. Kent Nutrition Group
   10. De Heus
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1.  Primary & Secondary Research
   2.  Quantitative Research
   3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5.  Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.   

List of Figures

Figure 1       Brazil Animal Feed Market Segmentation               

Figure 2       Brazil Animal Feed Market, Market Value Chain Analysis            

Figure 3       Company Market Share Analysis, 2022         

Figure 4       Brazil Animal Feed Market, Market Size, By Value (USD Million), 2019–2029           

Figure 5       Brazil Animal Feed Market, Market Share, By Type, By Value, 2019–2029               

Figure 6       Brazil Animal Feed Market, Market Share, By Livestock, By Value, 2019–2029          

Figure 7       Brazil Animal Feed Market, Market Share, By Source, By Value, 2019–2029                               

Figure 8       Brazil Animal Feed Market, Market Share, By Form, By Value, 2018–2029               

Figure 9       Brazil Animal Feed Market, Market Share, By Raw Material, By Value, 2019–2029                  

List Of Table

Table 1        Brazil Animal Feed Market, Market Size, By Value (USD Million), 2019–2029

Table 2        Brazil Animal Feed Market, Market Share, By Type, By Value, 2019–2029

Table 3        Brazil Animal Feed Market, Market Share, By Livestock, By Value, 2019–2029

Table 4        Brazil Animal Feed Market, Market Share, By Source, By Value, 2019–2029

Table 5        Brazil Animal Feed Market, Market Share, By Form, By Value, 2018–2029

Table 6        Brazil Animal Feed Market, Market Share, By Raw Material, By Value, 2019–2029

Table 7        Tyson Foods Company Overview

Table 8        Tyson Foods Financial Overview

Table 9        Alltech Company Overview

Table 10      Alltech Financial Overview

Table 11      Cargill, Incorporated Company Overview

Table 12      Cargill, Incorporated Financial Overview

Table 13      Purina Animal Nutrition (Land O’Lakes) Company Overview

Table 14      Purina Animal Nutrition (Land O’Lakes) Financial Overview

Table 15      Aurora Alimentos Company Overview

Table 16      Aurora Alimentos Financial Overview

Table 17      Archer Daniels Midland Company Overview

Table 18      Archer Daniels Midland Financial Overview

Table 19      BASF SE Company Overview

Table 20      BASF SE Financial Overview

Table 21      Hi-Pro Feeds Company Overview

Table 22      Hi-Pro Feeds Financial Overview

Table 23      Kent Nutrition Group Company Overview

Table 24      Kent Nutrition Group Financial Overview

Table 25      De Heus Company Overview

Table 26      De Heus Financial Overview