Official Press Release by The Insight Partners

South & Central America Animal Feed Market is expected to reach US$ 118.2 Billion by 2034

Published: August 04, 2026
Industry: Consumer Goods
Authored By: Vrushali Bothare
  • The South & Central America Animal Feed Market is projected to grow from US$ 66.9 Bn in 2025 to US$ 118.2 Bn by 2034, at a CAGR of 6.5%
  • Key growth factors include Rising Global Meat and Dairy Consumption , Expansion of Commercial Livestock Farming , and Growth in the Aquaculture Industry , strengthening adoption across multiple end-use sectors.
  • The market is witnessing a shift toward Shift Toward Antibiotic-Free and Natural Feed Additives and Increased Use of AI and Automation in Feed Production , while Development of Functional and Specialty Feeds is creating new opportunities for industry participants.

Base Value (2025)

US$ 66.9 Bn

Projected (2034)

US$ 118.2 Bn

CAGR (2026-2034)

6.5%

According to The Insight Partners' research, the South and Central America Animal Feed Market was valued at US$ 66.9 Billion in 2025 and is expected to reach US$ 118.2 Billion by 2034, registering a CAGR of 6.5% from 2026 to 2034.

Shift toward antibiotic-free & natural feed additives and increased use of AI & automation in feed production are among the critical factors attributed to driving the South & Central America animal feed market growth.

There is a gradual transition toward antibiotic-free formulations and the increasing incorporation of natural feed additives. It is influenced by evolving regulatory environments that impose restrictions on the use of antibiotics for growth promotion, as well as heightened awareness regarding antimicrobial resistance. As a result, feed formulations are being reoriented to include naturally derived components that can support animal performance through alternative mechanisms. These include plant-based extracts, essential oils, organic acids, and microbial-based ingredients that contribute to digestive balance and physiological stability.

The movement toward natural additives is aligned with changes in livestock production systems, where emphasis is placed on maintaining consistent performance under stricter input constraints. This trend is reinforced by market expectations surrounding product integrity and composition, which indirectly influence feed formulation practices. The transition involves adjustments in ingredient sourcing, formulation strategies, and quality control processes, reflecting a more complex approach to feed development.

The variability associated with natural ingredients requires more precise formulation and standardization efforts to ensure consistent outcomes. As regulatory frameworks continue to evolve and industry practices adapt, the integration of non-antibiotic feed solutions is becoming an established component of modern feed production, contributing to the ongoing transformation of nutritional strategies across livestock and aquaculture sectors.

On the contrary, the volatility in raw material prices hampers the growth of the South & Central America animal feed market.

South and Central America Animal Feed Market Segmentation Analysis:

  • By Form, the South and Central America Animal Feed Market is segmented into Mash, Pellets, Crumbles, and Other Forms. The Pellets segment is projected to expand at a CAGR of 6.7% during 2026 - 2034.
  • By Livestock, the South and Central America Animal Feed Market is segmented into Poultry, Swine, Ruminants, Aquaculture, and Others. The Poultry segment is projected to expand at a CAGR of 7.0% during 2026 - 2034.

By country, the South and Central America Animal Feed Market is categorized into Brazil, Argentina, and the Rest of South and Central America. Brazil is projected to expand at a CAGR of 6.6% during 2026 - 2034.

Key players operating in the Animal Feed Market are Archer-Daniels-Midland Co, Cargill, Incorporated, Charoen Pokphand Foods PCL, Land O'Lakes Inc, De Heus Voeders, Gruppo Carli, ARASCO, KENT WORLDWIDE, Kalmbach Feeds, and Akralos, among others.

  • In August 2025, Cargill announced a binding offer to acquire Brazil's animal nutrition company Mig-Plus, enhancing its presence in swine and ruminant feed markets and broadening its regional nutrition solutions portfolio.