South and Central America Poultry Feed Market Key Players and Opportunities by 2028

The poultry feed market in South and Central America is expected to grow from US$ 16,822.45 million in 2021 to US$ 21,469.34 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.

The poultry sector is registering a continual rise across the region. An increase in poultry production is mainly attributed to the rising demand for poultry meat and eggs. Poultry is regarded as one of the most cost-effective protein sources due to which the demand for poultry products, such as eggs and meat, continues to rise. There is a surge in chicken consumption among people who are more concerned about their health. The increasing youth population is expected to lead to an increase in poultry production and consumption with their modern consumption habits. As per the FAO, poultry meat represented about 39% of global meat production in 2019. Global egg production has surged by 150% in the last three decades.  The surge in the poultry production has led to an increase in the use of quality poultry feed products. For poultry growth, production, and health, providing proper nutrition is essential. Feed consumption is a vital prerequisite for flocks to reach their full potential of development and productivity. Due to aforementioned factors, the demand for poultry feed has increased significantly, reporting a rise in the South and Central America market.

Due to travel restrictions and other measures adopted after the onset of the COVID-19 pandemic, there have been delays in shipping of raw materials and feed products in the South and Central America. Due to the economic crisis associated with the COVID-19 pandemic, Argentina's chicken export to numerous countries have decreased. According to the Poultry and Products Annual report by the US Department of Agriculture (USDA), chicken meat export increased by 1.9 % in Argentina in 2021.

  South and Central America Poultry Feed Market Revenue and Forecast to 2028 (US$ Million)

South and Central America Poultry Feed Market Segmentation

South and Central America Poultry Feed Market – By Poultry Type

• Broilers
• Layers
• Turkeys
• Others

South and Central America Poultry Feed Market – By Form

• Pellets
• Crumbles
• Mashed
• Others

South and Central America Poultry Feed Market – By Category

• Organic
• Conventional

South and Central America Poultry Feed Market– By Country

• Brazil
• Argentina
• Rest of South and Central America

South and Central America Poultry Feed Market-Companies Mentioned

• ADM
• Alltech.
• Cargill, Incorporated.
• Charoen Pokphand Foods PCL
• De Heus Animal Nutrition.
• SHV Holdings  

South and Central America Poultry Feed Report Scope