Latin America Feed Additives Market is expected to grow with the CAGR of 7.0% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Latin America feed additives market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Latin America feed additives market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in March 2019, Adisseo entered into a partnership which is mainly focused to provide information about animal feed resources with their nature chemical composition, nature, nutritional value among others. After this partnership, the company enhanced their credibility in the market.
Cargill, Incorporated is dominating player in Latin America feed additives market. The other key players existing in the market includes Lucta, TECHNA SA, Cytozyme Laboratories, pancosma (A Subsidiary of ADM), Kemin Industries, Inc., Tate & Lyle, Adisseo, BARENTZ, Prinova Group LLC (A Subsidiary of NAGASE & CO., LTD.), Norel S.A., DuPONT, Bentoli, Alltech, BIOMIN Holding GmbH, Minervet S.A., Global Animal Products, YesSinergy, Trouw Nutrition, Vetanco, BASF SE, DSM, BEHN MEYER, Kerry Group plc, Jefo, Balchem Inc., Novozymes, Zinpro Corporation, BioResource International, Inc., BioMar Group (A Subsidiary of Schouw & Co.) , Chr. Hansen Holding A/S, AB Vista (A Subsidiary of Associated British Foods plc) and Dr. Bata Zrt among others.
Cargill, Incorporated, headquartered in Minnesota, U.S. was founded in 1870. The company is engaged in manufacturing and commercializing of wide range of products such as food, feed, beauty products, and agriculture products across the world. The company provides has various products in different categories that is Animal Nutrition, Food & Beverage, Bio-industrial, Foodservice, Agriculture, Risk Management, Meat & Poultry, Industrial, Beauty, Pharmaceutical, Transportation, out of which Animal Nutrition is market focused product category.
The company has presence across the globe in North America, South America, Europe, Asia-Pacific, Middle East and Africa.
DSM headquartered in Heerlen, The Netherlands, was founded in 1902. The company focuses on specializing in nutrition, health and sustainable living in order to create better lives for all by manufacturing and distribution of solutions related to nutrition and health solutions, climate & energy solutions, resources and circulatory solutions among others. The company has multiple business segments such as Nutrition, Materials and Innovation, in such Nutrition is the market focused business segment. The company offers product categories which are Animal Nutrition & Health, Human Nutrition & Health, Personal Care & Aroma Ingredients, Pharmaceuticals, Food Specialties, Engineering Materials, Coating Resins, Protective Materials, Additive Manufacturing, Biomedical, Advanced Solar, Bio-Based Products & Services out of which Animal Nutrition & Health is market focused category.
The company has wide global presence across North America, South America, Europe, Middle East and Africa and Asia-Pacific and generates revenue from subsidiaries such as Glycom A/S (Denmark), Fortitech, inc. (U.S.), Martek Biosciences Corporation (U.S.), Aland (Jiangsu) Nutraceutical Co., Ltd. (China) and Koninklijke CSK Food Enrichment C.V. (The Netherlands) among others.
Adisseo headquartered in Paris, France was founded in year 2002. The company deals in animal feed and nutrition serving consumers with qualitative, sustainable, affordable and safe solutions. The company operates in Performance Products, Specialties Products, Other Products business segments out of which Specialties Products is market focused segment. The company offers wide range of product categories such as Poultry, Ruminants, Swine, Aquaculture all these are market focused category.
The company has wide global presence across the world as North America South America, Europe, Middle East and Africa, Asia-Pacific with its various subsidiaries such as Adisseo France SAS (France), Blue Star Adisseo Nutrition Group Co., Ltd.(France), Drakkar Holdings S.A. (China), Nantong Xingchen Synthetic Materials Co., Ltd (China) among others.
Latin America Feed Additives Market – Industry Trends and Forecast to 2027