Latin America Animal Feed Additives Market Size by Livestock (Poultry {Boilers, Layers, Turkey}, Aquaculture {Salmon, Trout, Shrimps}, Pork/Swine, Cattle {Dairy, Beef, Calf}, Pet), By Product (Vitamins {Vitamin A, C, D, E, K, B1, B2, B6, B12, Biotin, Foli

Latin America Animal Feed Additives Market Size by Livestock (Poultry {Boilers, Layers, Turkey}, Aquaculture {Salmon, Trout, Shrimps}, Pork/Swine, Cattle {Dairy, Beef, Calf}, Pet), By Product (Vitamins {Vitamin A, C, D, E, K, B1, B2, B6, B12, Biotin, Folic Acid, Niacin, Caplan}, Amino Acids {Tryptophan, Lysin, Methionine, Threonine}, Antioxidants {Natural, Synthetic}, Enzymes {Phytase, Non-Starch Polysaccharide}, Sweeteners {Natural[Stevia, Thaumatin], Synthetic[Neotame, Saccharine]}, Flavors {Natural, Synthetic}, Pigments {Synthetic Red, Natural Red, Synthetic Yellow, Natural Yellow}, Probiotics {Lactobacilli, Bacillus, Bifidobacterium, Streptococcus}, Acidifiers {Propionic Acid, Malic Acid, Lactic Acid, Formic Acid}), Regional Outlook, Industry Analysis Report, Price Trend, Competitive Market Share & Forecast, 2021- 2027

The Latin America animal feed additives market is projected to grow substantially by 2027 owing to surging focus on the sustainability of poultry and livestock production. In addition, growing consumer demand for cleaner food is set to further bolster industry expansion over the forecast timeline.

Following the COVID-19 outbreak, Latin America has witnessed a favorable shift in consumption behavior because of rising health and climate consciousness. Moreover, increasing importance of healthy, fresh, and high-quality food among consumers during the COVID-19 outbreak has also fostered product outlook during the pandemic.

The Latin America animal feed additives market has been segmented on the basis of product, livestock, and country. Based on product, the Latin America animal feed additives market has been divided into antioxidant, pigments, enzymes, flavors, sweeteners, probiotics, vitamins, amino acids, and acidifiers.

Under antioxidant, the Latin America animal feed additives market has been further segregated into natural and synthetic. The natural segment is projected to register a CAGR of over 5.3% through the analysis period. The synthetic segment is slated to witness substantial growth by 2027, progressing at approximately 4.6% CAGR over the study timeframe.

Under pigments, the Latin America animal feed additives market has been divided into synthetic red, natural red, synthetic yellow, and natural yellow. The synthetic red segment is expected to grow at a CAGR of nearly 5.4% through the forecast period. The natural red segment is foreseen to observe robust growth at about 3.1% CAGR over the study timeline. The synthetic yellow segment is anticipated to register a CAGR of over 5.7% through the review timeline. The natural yellow segment is likely to reach a sizable valuation by 2027, recording approximately 5.5% CAGR over the analysis period.

The enzymes segment has been bifurcated into phytase and non-starch polysaccharides (NSP). The phytase segment is anticipated to witness substantial growth by 2027, registering a CAGR of over 4.8% through the review timeline. The non-starch polysaccharides (NSP) segment is estimated to progress at about 4.3% CAGR over the stipulated timespan.

Under flavors, the Latin America animal feed additives market has been categorized into natural and synthetic. The natural segment is expected to expand at a CAGR of nearly 5.5% over the forecast timeframe. The synthetic segment is likely to register significant growth at about 5.0% CAGR through the assessment timespan.

Under sweeteners, the Latin America animal feed additives market has been divided into natural (stevia and thaumatin) and synthetic (neotame and saccharine). The natural sweeteners market is slated to register a CAGR of approximately 4.4% through the study period. The stevia natural sweeteners segment is set to witness notable growth by 2027, registering a CAGR of over 5.6% over the analysis period. The thaumatin natural sweeteners segment is likely to grow at more than 4.3% CAGR through the forecast period.

The synthetic sweeteners market is like to progress at a CAGR of approximately 4.4% over the review timeline. The neotame synthetic sweeteners segment is expected to grow at a CAGR of over 4.4% through the forecast period The saccharine synthetic sweeteners segment is likely to observe substantial growth by 2027, registering a CAGR of above 4.5% over the analysis timeline.

Under probiotics, the Latin America animal feed additives market has been bifurcated into lactobacilli, bacillus, Bifidobacterium, Streptococcus, and others. The lactobacilli segment is foreseen to observe substantial growth by 2027, registering a CAGR of more than 5.8% through the analysis timeline. The bacillus segment is projected to grow at a CAGR of around 5.1% over the review timespan.

The Bifidobacterium segment is likely to register a CAGR of more than 5.6% through the study timeframe. The Streptococcus segment is estimated to grow at approximately 5.9% CAGR over the forecast period. The others probiotics segment is anticipated to register a CAGR of over 6.1% through the projected time period.

Under vitamins, the Latin America animal feed additives market has been divided into vitamin A, vitamin C, vitamin D, Vitamin E, vitamin K, Vitamin B1, vitamin B6, vitamin B2, vitamin B12, biotin, folic acid, niacin, and caplan. The vitamin A segment and the caplan segment are likely to grow at a CAGR of over 6.8% through the analysis timeframe. The vitamin C segment is projected to amass considerable gains by 2027, delivering over 4.7% CAGR through the forecast timeline. The vitamin E segment is slated to grow at a CAGR of approximately 4.9% over the study period. The vitamin K segment and the vitamin B6 segment are expected to grow at a CAGR of over 6.7% though the forecast period.

The vitamin B1 segment and the vitamin B12 segment are foreseen to observe solid growth at approximately 5.3% CAGR over the analysis period. The vitamin B2 segment is projected to expand at a CAGR of around 5.5% over the review timeline.

The biotin segment is estimated to progress at a CAGR of around 6.1% over the study timeline. The folic acid segment is projected to grow at approximately 6.2% CAGR through the assessment timeframe. The niacin segment is estimated to garner a sizable revenue by 2027, growing at a CAGR of above 5.6% over the review period.

Under amino acids, the Latin America animal feed additives market has been segregated into tryptophan, lysin, methionine, threonine, and others. The tryptophan segment is expected to grow at a CAGR of over 7.0% through the review timeline. The lysin segment is estimated to see steady development at a CAGR of approximately 5.5% over the analysis period.

The methionine segment is slated to grow at a CAGR of over 6.4% through the study period. The threonine segment is anticipated to expand at about 5.4% CAGR over the forecast period. The others segment share is speculated to grow at a CAGR of approximately 5.0% through the analysis timeframe.

Under acidifiers, the Latin America animal feed additives market has been divided into propionic acid, malic acid, lactic acid, formic acid, and others. The propionic acid segment is calculated to register steady development at a CAGR of more than 7.4% over the forecast timeline. The malic acid segment is estimated to expand at a CAGR of about 7.1% through the review period.

The lactic acid segment is foreseen to witness robust growth by 2027, registering a CAGR of approximately 7.0% over the forecast period. The formic acid segment share is likely to grow at around 6.7% CAGR through the forecast timespan. The others segment is expected to progress at a CAGR of approximately 6.5% over the study period.

Based on livestock, the Latin America animal feed additives market has been further categorized into poultry, cattle, swine, pet, aquaculture, and others. The pet segment is anticipated to grow substantially at a CAGR of nearly 6.1% through the analysis timeline. The others livestock segment is expected to see sturdy progress at above 5.3% CAGR over the study period.

Under poultry, the market has been bifurcated into broilers, layers, turkeys, and others. The broilers segment is likely to grow at a CAGR of approximately 5.7% through the forecast period. The layers segment is foreseen to grow at about 5.9% CAGR over the review timeline. The turkeys segment is estimated to see notable growth at more than 5.5% CAGR over the study timeframe. The others poultry segment is poised to register a CAGR of around 5.8% through the forecast timeline.

Under cattle, the market has been divided into dairy, beef, calf, and others. The dairy segment is projected to expand at a CAGR of approximately 5.7% over the forecast period. The beef segment is expected to grow at a CAGR of over 5.6% through the assessment timeframe. The calf segment is primed to develop at about 6.7% CAGR over the analysis timeline. The others cattle segment is likely to grow at around 5.9% CAGR through the review timeframe.

Under aquaculture, the market has been segregated into salmon, trouts, shrimps, and others. The salmon segment is foreseen to register a CAGR of about 7.0% over the forecast timeline. The trouts segment share is poised to expand at a CAGR of more than 6.4% through the analysis period. The shrimps segment is estimated to grow at approximately 6.5% CAGR over the study timeline. The others aquaculture segment is slated to deliver a CAGR of above 6.0% through the review timespan.

Based on country, the Latin America animal feed additives market spans the geographies of Brazil, Venezuela, Paraguay, Uruguay, Ecuador, Peru, Argentina, Chile, Colombia, and Mexico. The Paraguay animal feed additives market is likely to grow at a CAGR of over 6.4% through the forecast period. Uruguay and Peru are expected to expand at a CAGR of more than 5.6% over the review timeline.

Chile is anticipated to attain a sizable share in the Latin America animal feed additives market by 2027, progressing at approximately 5.5% CAGR over the forecast timeframe. The Venezuela market is speculated to expand at nearly 5.3% CAGR over the analysis timeline. The Colombia market size is foreseen to observe substantial growth at a CAGR of about 5.8% through the forecast timeframe. The Ecuador animal feed additives industry is expected to reach a notable valuation by 2027, recording a CAGR of nearly 4.8% over the forecast period.