"The report “Latin American Swine Feed Market by Type (Starters, Pig Growers, Sow), Additives (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes & Feed Acidifiers) - Analysis and Forecasts to 2019”, defines and segments the Swine Feed Market with analysis and forecasting of global revenue. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges."
In Latin America, swine feed is available by its type such as starter, pig growers, and sow. Starter feed is the diet formulated for newly born piglets. The main purpose of the nutritional program is to adjust the pig to dry feed and prepare them from growth to finish stage. A pig grower is a pig between the phase of weaning and sale or transfer to the breeding herd, before it is sold for slaughter. A sow is a breeding female or female after first or second litter.
The Latin American swine feed market is estimated to grow at a CAGR of 5.3% from 2014 to 2019. Pork is relatively a cheap supply of protein source as compared to beef. The production of pork involves lower operating costs for producers and quick return on investments.
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The Latin American swine feed market was led by Brazil with whopping 63.52% of market share, followed by Argentina. In Latin America, animal protein is preferred by most of the people due to its ease of consumption and capacity to meet the requirement of amino acids. The buying trend is increasing, considering rising income levels and urbanization.
Companies are adopting several strategies to grow into this market. Chareon Pokphand Food (Thailand) has adopted expansion strategies. The Archer Daniels Midland Co. (U.S.) has adopted strategies, such as expansions, mergers & acquisitions, through which it can reach out maximum number of producers of swine feeds.
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Scope of the Report:
This research report categorizes the Latin American swine feed market into the following segments and sub segments:
Latin America Swine Feed Market, by Type
- Pig Growers
Latin America Swine Feed Market, Additives
- Amino Acids
- Feed Enzymes
- Feed Acidifiers
Latin America Swine Feed Market, by Geography
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