The South American poultry feed market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of XX% during the forecast period from 2015 to 2020. Poultry feed is feed used for chickens, ducks, geese and other domestic birds. The market is a very important part of the vast animal feed market as poultry, unlike beef and pork, has limited impact on religious preferences. Modern feeds for poultry consists largely of grain, protein supplements, mineral supplements, and vitamin supplements. The type of poultry feed required, depends on the weight and age of the poultry, their rate of growth, their rate of egg production, and the weather. This results in a wide variety of feed formulations.
South America consumes a large amount of poultry in their diets. Increased consumption of meat, buoyed by growing middle class incomes in emerging economies like China and India, is a major growth factor. Growth of quick service restaurants selling chicken based fast food and widespread poultry diseases are the major driving factors of the poultry feed market in Asia Pacific. In addition, demand for quality meat products by consumers has significantly contributed to the rising demand of poultry feed.
Key players in the South American market include, Charoen Pokphand, New Hope Group, Wenâ€™s Group, Kyodo Shiryo Company, Zheng DA International Group, and Miratorg Agribusiness Holding. To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.
Key Deliverables in the Study
Market analysis for the South American Poultry Feed Market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market shares.
Identification and analysis of the macro and micro factors that affect the South American Poultry Feed Market
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and identification of the regions that are still untapped.
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