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South America Feed Binders Market - Growth, Trends and Forecasts (2020 - 2025)

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  • 120 Pages
  • August 2020
  • Mordor Intelligence
  • ID: 5175391
The South America feed binders market is projected to grow at a CAGR of 3.6% during the forecast period (2020 - 2025). The rise in awareness about the feed and increase in the consumption of quality meat are the factors driving the market in the region. Increased global meat consumption and rise in health concerns in livestock have made the market to consume a higher quantity of feed binders. Brazil Dominates the market owing to higher feed production driven by significant meat production and consumption in the country. According to Alltech global feed survey, Brazil and Argentina are the major producers of feed in the year 2019. Some of the leading players in the studies market are Archer Daniel Midland, Borregaard, Beneo, Avebe, and Promois International.

Key Market Trends

Expansion in Animal Meat Market

According to the Organisation for Economic Co-operation and Development (OECD), poultry meat is the highest consumed in the country, in 2019 the per capita poultry meat consumption 40.3 Kg as compared to 40 Kg in 2016. Rising meat consumption led to a shift towards commercial livestock production in the country. Due to the increase in the consumption of meat and other animal products in the region, there is an increase in the demand for the quality feed that is fed to animals so as to produce quality meat and to increase productivity. This will thus be driving the feed binders market during the forecast period. According to the Food and Agricultural Organization (FAO), in 2016, South America produced 42.52 million tons of meat that has increased to 46.11 million tons in 2018. Thus the rising production will indirectly create demand for feed binders market in the region.

Brazil Dominating the Market

Brazil is the largest country in South America with a population of 0.2 trillion in 2018. The country is the largest exporter of meat in the region. As per the International Trade Statistics (ITC), Brazil exports 88,169 USD thousand of meat to Argentina in the year 2019. Chile, Uruguay, and Paraguay are largely depending on Brazil for meat. According to the Food and Agriculture Organization, in 2018 the poultry bird population in the country was 1383.4 million as compared to 1505.6 million in 2016. Thus, the mass production of livestock is resulting in higher feed production, and to reduce feed disintegration, the inclusion of binders has become most necessary. According to the Alltech global feed survey, Brazil produces 70 million tons of feed production in the year 2019 of which 32.10 million tons is for broilers, 17 million tons is for pigs, and the rest of it is for cattle’s, layer and pets.

Competitive Landscape

The South America feed binders market is highly consolidated and there are a limited number of players contributing to this sector. These players are Archer Daniel Midland, Borregaard, Beneo, Avebe, and Promois International. These players are known to be focusing on R&D, broaden product portfolio, wide geographical presence, and aggressive acquisition strategy.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1.1 Study Assumptions & Market definition
1.2 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1 Type
5.1.1 Natural
5.1.2 Synthetic
5.2 Animal Type
5.2.1 Ruminants
5.2.2 Poultry
5.2.3 Swine
5.2.4 Aquaculture
5.2.5 Other Animal Types
5.3 Geography
5.3.1 Brazil
5.3.2 Argentina
5.3.3 Rest of south America
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Ab Enzymes Gmbh
6.3.2 BASF SE
6.3.4 Avebe
6.3.5 Borregaard AS
6.3.6 Advanced Enzyme Technologies
6.3.7 Novozymes
6.3.8 Biomin Holding GmbH
6.3.9 Bentoli, Inc.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ab Enzymes Gmbh
  • Avebe
  • Borregaard AS
  • Advanced Enzyme Technologies
  • Novozymes
  • Biomin Holding GmbH
  • Bentoli, Inc.