Brazil Animal Feed Additive Market (2023-2029) | Size, Share, Revenue, Analysis, Value, Trends, Industry, Growth, Segmentation, Outlook & COVID-19 IMPACT

Brazil Animal Feed Additive Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by the USA. It has registered a decline of -0.46% over the previous year. While the USA registered a decline of -12.03% as compared to the previous year. In the year 2017, China was the largest exporter followed by the Netherlands. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Brazil has a Herfindahl index of 1250 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  1148 which signifies high competitiveness in the market.

Brazil Animal Feed Additive Market - Export Market Opportunities

Topics Covered In Brazil Animal Feed Additive Market Report

Brazil Animal Feed Additive Market report thoroughly covers the market by additive types, by livestock, by form, and by function. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Brazil Animal Feed Additive Market Synopsis

Brazil Animal Feed Additive Market is projected to grow immensely in the forecast year. There are several factors that are driving the growth of the market. There is high demand for meat and poultry by the population. The livestock market is continuously growing and feed additives are widely used in the production of the livestock.

According to 6Wresearch, Brazil Animal Feed Additive Market size is anticipated to grow during 2023 -2029. The market is witnessing growth due to the expansion of the aquaculture industry, increasing awareness about animal health, and rising demand for livestock products. Due to changing dietary habits and the growth in population, the demand for livestock products is increasing. Feed additives improve the immunity of animals and help them to fight against diseases and due to this, the demand for feed additives is increasing. The productivity of animals can be increased by the feed additives as these additives improve the nutritional value. There are certain challenges that exist in the Brazil Animal Feed Additive Industry. These challenges have impeded the growth of the market. The high cost of raw materials is a major challenge. There is heavy dependence on imported raw materials for the production of additives. The market faces stiff competition from the imported products from China and due to this, Brazilian markets find it difficult to operate in the global marketplace.

COVID-19 Impact on Brazil Animal Feed Additive Market

 The Animal feed Additive Market in Brazil was heavily impacted by the sudden outbreak of the COVID-19 pandemic. The domestic and international market was interrupted. Due to government-imposed lockdowns and restrictions, many producers shut down their businesses or reduced their operations. The raw materials did not reach the factories and there were disruptions in the supply chain. The delivery of the final product was delayed. Due to limited supply availability, the price of the product increased. Due to border closures and transportation challenges caused by travel restrictions, the producers found it difficult to distribute the products.

Brazil Animal Feed Additive Market: Key players.

Brazil Animal Feed Additive Market has several players as the demand for Feed additives is growing significantly leading to an increase in Brazil Animal Feed Additive Market Share-

• Adisseo
• DSM
• Novozymes
• BASF
• Evonik Industries
• Cargill
• Archer Daniels Midland (ADM)
• Alltech
• Kemin Industries
• Chr. Hansen

Market by Additives Type

On the basis of additives type, the market is segmented into Amino Acids, Antioxidants, Feed Enzymes, Feed Acidifiers, Vitamins, Minerals, Antibiotics, and Others. All the segments will dominate the market owing to their extensive use in maintaining the health and productivity of the stock and it will lead to an increase in Brazil Animal Feed Additive Market Growth.

Market by Livestock

On the basis of Livestock, the market is segmented into Swine, Ruminants, Poultry, Aquatic Animals, and Others. All the segment is expected to dominate the market due to the need for healthy and productive livestock and due to this, Latin America Animal Feed Additive Market will grow significantly.

Market by Form

On the basis of form, the market is divided into Dry, Liquid, and Others. The dry and liquid forms will dominate the market due to the need for a wide range of additive forms to meet the nutritional value of livestock.

Market by Function

According to Dhaval, Research Manager, 6Wresearch, on the basis of function, the market is segmented into Single Function and Multifunction. Both segment will dominate the market to meet the nutritional value of the livestock.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Brazil Animal Feed Additive Market Outlook
• Market Size of Brazil Animal Feed Additive Market, 2022
• Forecast of Brazil Animal Feed Additive Market, 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Revenues & Volume for the Period 2019 - 2029
• Brazil Animal Feed Additive Market Trend Evolution
• Brazil Animal Feed Additive Market Drivers and Challenges
• Brazil Animal Feed Additive Price Trends
• Brazil Animal Feed Additive Porter's Five Forces
• Brazil Animal Feed Additive Industry Life Cycle
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Additive Type for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Amino acids for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Antioxidants for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Feed enzymes for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Feed acidifiers for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Vitamins for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Minerals for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Antibiotics for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Amino acids Animal Feed Additive Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Livestock for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Swine for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Ruminants for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Poultry for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Aquatic Animals for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Form for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Dry for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Liquid for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Function for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Single Function for the Period 2019 - 2029
• Historical Data and Forecast of Brazil Animal Feed Additive Market Revenues & Volume By Multifunction for the Period 2019 - 2029
• Brazil Animal Feed Additive Import Export Trade Statistics
• Market Opportunity Assessment By Additive Type
• Market Opportunity Assessment By Livestock
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Function
• Brazil Animal Feed Additive Top Companies Market Share
• Brazil Animal Feed Additive Competitive Benchmarking By Technical and Operational Parameters
• Brazil Animal Feed Additive Company Profiles
• Brazil Animal Feed Additive Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Additive Type

• Amino Acids
• Antioxidants
• Feed Enzymes
• Feed Acidifiers
• Vitamins
• Minerals
• Antibiotics
• Others

By Livestock

• Swine
• Ruminants
• Poultry
• Aquatic Animals
• Others

By Form

• Dry
• Liquid
• Others

By Function

• Single Function
• Multifunction