Market Size of brazil feed additives Industry
Icons | Lable | Value |
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Study Period | 2017 - 2029 | |
Base Year For Estimation | 2022 | |
CAGR | 4.58 % | |
Largest Share by Additive | Amino Acids | |
Fastest Growing by Additive | Acidifiers | |
Market Concentration | High | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Brazil Feed Additives Market Analysis
The Brazil Feed Additives Market is projected to register a CAGR of 4.58%
- Amino Acids is the Largest Additive: The increasing awareness about the health benefits of amino acids and an increase in livestock population are the factors for which amino acids are the largest segment.
- Poultry is the Largest Animal: Poultry is the largest segment due to an increase in feed production and an increase in egg production and poultry meat to meet the demand of consumers.
- Acidifiers is the Fastest-growing Additive: Acidifiers are the fastest-growing segment because they improve feed performance in animal nutrition and decrease the pathogenic organisms and toxic metabolites.
- Aquaculture is the Fastest-growing Animal: By animals, the aquaculture segment is expected to be the fastest-growing segment because of the rising per capita income and the high consumption of seafood in Brazil.