Mexico Feed Additives Market

Mexico Feed Additives Market by Additive Types (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors & Sweeteners, Pigments, Binders, and Minerals), Animal Types (Ruminants, Swine, Poultry, and Others) and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-4442
  • Author: Growth Market Reports
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  • No. Of Pages: 188
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The Mexico feed additives market size is projected to register a CAGR of 4.6% during the forecast period, 2021–2028. The growth of the market is attributed to increasing per capita meat consumption and rising farmers’ awareness.


Mexico Feed Additives Market Key Takeaways

Feed additives are consumed by animals to improve their strength and performance. The COVID-19 pandemic has posed a major medical, social, and economic concerns. Whereas the medical community is focused on producing effective diagnostic & medical treatments, the feed sector is focused on generating healthy products for animals that employ feed additives to battle illnesses by providing immunological support.

The Mexico feed additives market is expected to grow at a healthy rate during the projected period due to growing requirement for animal protein sources such as meat, milk, and eggs puts pressure on the livestock business to expand production to keep up with demand. Growing industrial production of meat & dairy products and demand for high-quality compound feed from the livestock sector have resulted in increased usage of compound feed and feed additives in the nation. According to the Alltech feed study, Mexico produced 34.6 million metric tons of compound feed in 2018 and is on track to produce 36.2 million metric tons in 2019.

The feed business competes with the food sector for raw ingredients in this scenario. As the requirement for raw materials in the country grows, this condition has created a desire for cost-effective additives. To maintain a consistent supply of high-quality meat, dairy, and derivative goods, home mixers and big farm owners feed additives to the cattle.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for livestock-based products is projected to drive the market growth.
  • Rapid growth of the poultry industry is estimated to fuel the growth of the feed additives market.
  • Maize, barley, and soybeans, which are utilized in compound feed manufacturing, are also used for human consumption and ethanol generation in the nation. Thus, such factor is anticipated to spur the market.
  • Growing raw material prices can hamper the market.
  • Stringent rules for waste biomaterials and wastewater treatment can hamper the market.
  • The shift from synthetic growth promoters and movement toward natural growth is expected to create lucrative opportunities for key players.

Scope of the Report

The report on the Mexico feed additives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Feed Additives Market - Mexico Industry Analysis, Growth, Trends, and Forecasts

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Additive Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors & Sweeteners, Pigments, Binders, and Minerals) and Animal Types (Ruminants, Swine, Poultry, and Others)

Country Scope

Mexico

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Helm de Mexico.; Alltech.; Cargill Inc.; BASF SE.; and Adisseo

Mexico Feed Additives Market Segment Insights

Poultry segment is expected to grow at a rapid pace

Based on animal types, the Mexico feed additives market is divided into ruminants, swine, poultry, and others. The poultry segment is expected to grow at a rapid pace during the forecast period due to increasing consumption of chicken meat and egg for feed in Mexico. Consumer dietary tastes have changed as a result of rapid urbanization and rising disposable money, resulting in higher per capita intake of meat and seafood in the country. The swine segment is estimated to grow at a steady rate in the coming years. Increasing demand for high-quality pork products is fueling the segment growth.

Amino acids segment is projected to expand at a high CAGR during the forecast period

On the basis of additive types, the market is segregated into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, probiotics, flavors & sweeteners, pigments, binders, and minerals. The amino acids segment is projected to expand at a high CAGR during the forecast period. Amino acids are the building blocks of protein and polypeptides, and they play a key role in animal muscle and tissue development.


Mexico Feed Additives Market By Additive Types

Segments

The Mexico feed additives market has been segmented on the basis of

Additive Types
  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino acids
  • Enzymes
  • Mycotoxin Detoxifiers
  • Prebiotics
  • Flavors & Sweeteners
  • Pigments
  • Binders & Minerals
Animal Types
  • Ruminants
  • Swine
  • Poultry
  • Others
Country
  • Mexico
Key Players
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Additives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Feed Additives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Feed Additives Market - Supply Chain
  4.5. Global Feed Additives Market Forecast
     4.5.1. Feed Additives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Feed Additives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Feed Additives Market Absolute $ Opportunity
5. Global Feed Additives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Feed Additives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Feed Additives Demand Share Forecast, 2019-2026
6. North America Feed Additives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Feed Additives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Feed Additives Demand Share Forecast, 2019-2026
7. Latin America Feed Additives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Feed Additives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Feed Additives Demand Share Forecast, 2019-2026
8. Europe Feed Additives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Feed Additives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Feed Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Feed Additives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Feed Additives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Feed Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Feed Additives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Feed Additives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Feed Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Feed Additives Market: Market Share Analysis
  11.2. Feed Additives Distributors and Customers
  11.3. Feed Additives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Helm de Mexico. Alltech Cargill Inc. BASF SE. Adisseo
The Mexico feed additives market has been segmented on the basis of

Additive Types
  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino acids
  • Enzymes
  • Mycotoxin Detoxifiers
  • Prebiotics
  • Flavors & Sweeteners
  • Pigments
  • Binders & Minerals
Animal Types
  • Ruminants
  • Swine
  • Poultry
  • Others
Country
  • Mexico
Key Players

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