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Report Overview

The Argentina animal feed market is projected to grow at a CAGR of 4.30% between 2025 and 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • As per the industry reports in 2021, broiler feed was the largest type of feed produced in Argentina.
  • Buenos Aires, Cordoba, and Santa Fe are the major provinces of animal feed production in the country.
  • The soybean production in Argentina is expected to reach a volume of 49.7 million tonnes in the year 2023-24, providing ample opportunities for soybean-based feed.

Argentina Animal Feed Market Growth

Growing demand for animal-based protein necessitating the requirement of high-quality animal feed, surge of meat-based products, and rise in cattle-rearing practices to fulfil the increasing demand from consumers are some of the prominent drivers increasing the demand of Argentina animal feed market.

Cattle-rearing practices have witnessed a surge as cattle are the primary source of dairy products such as milk, cheese, and butter, among others. Moreover, feed products are being readily integrated with additives such as amino acids which address the skin issues in animals. Some additives on the other hand can boost the protein content in meat, consequently fuelling its popularity among the masses.

Advancements in feed production technologies to detect contamination and optimise feed safety are some influential key trends in the market. These innovations can boost the efficiency of feed production as well as the quality of feed to ensure the growth and health of the livestock, which will eventually lead to the development of high-quality animal products.

Key Trends and Recent Developments

The growing population, rise in poultry production and exports as well as increased adoption of pets is accelerating the Argentina animal feed market value. 

May 2024 

In a move to boost its production capacity, Alican, the manufacturer of Sieger pet food announced a USD 30 million investment plan to expand its production facility in Alcira Gigena and Juárez Celman over the next four years. The expansion will aim to triple the current production capacity of the company and raise the annual revenue generation to approximately USD 100 million, besides doubling the export volume. 

February 2024

Kemin Nutrisurance, the pet food and rendering technologies business unit of Kemin Industries and a major supplier of animal feed to Argentina, opened an innovation centre and second spray-drying facility in Brazil. This makes it the largest pet food manufacturing plant in South America for producing dry and liquid palatants. 

June 2023

Germany-based Evonik, a major animal feed supplier in Argentina, launched a new generation of Biolys which is a proven source of lysine for animal feed. Biolys meets the requirements of amino acid L-lysine in animals more efficiently. Through the launch, Evonik targets to meet the growing demand for nutritious animal feed in Argentina and the whole of South America. Besides, the product also contains valuable components from its fermentation adding more nutrients and energy benefitting swine or poultry.

November 2022

ADM launched SUCRAM M’I Sweet and SUCRAM Specifeek in its SUCRAM range of products, which contain in-feed sweetening solutions for animal feed. Developed by ADM’s global feed additives business, Pancosma, these products are sweeteners designed to improve the palatability of animal feed for young animals, especially piglets. 

Increasing Population is Propelling the Animal Feed Market Growth 

According to the World Bank, Argentina’s population grew approximately by 0.9% between 2022 and 2023, increasing the per capita food consumption and demand. Moreover, the eating habits and patterns of people suggested a higher consumption of poultry products when compared to other plant-based items. As the population records further growth in the coming years, a subsequent increase in consumption of poultry products will be witnessed, driving the growth of Argentina animal feed market. 

Rise in Poultry Production is a Major Source of Market Revenue 

Increased poultry production is a major driving factor for animal feed demand growth. According to the U.S. Department of Agriculture (USDA), poultry production in the country is estimated to grow by 0.3% and reach 2.4 million tonnes by the end of 2024. Its consistent growth is estimated to positively impact the animal feed market in the country. 

Poultry Exports are Creating New Market Opportunities in the Market 

Argentina is a major exporter of poultry products in South America as well as across the world. The U.S. Department of Agriculture estimates the country’s exports to reach 140,000 million tonnes by the end of 2024, an 8% increase from the previous year. Industry analysis forecasts a further increase in export values during the upcoming years, leading to a significant increase in the Argentina animal feed market revenue. 

Increased Pet Adoption is Driving Innovation in Animal Feed Production 

Argentina is one of the pet-rich countries in the world, with 78% of the Argentine population being pet owners. According to industry reports, eight out of ten Argentine families have at least one pet in the home. The increased adoption of pets in the country, coupled with growing awareness about pet food is a major factor driving the demand of the animal feed market.

Argentina Animal Feed Industry Segmentation

“Argentina Animal Feed Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments: 

Market Breakup by Type

  • Fodder and Forage
  • Compound Feed 

Market Breakup by Livestock

  • Pork
  • Aquatic Animal
  • Cattle
  • Poultry
  • Others

Market Breakup by Raw Material

  • Soy
  • Corn
  • Others

Argentina Animal Feed Market Share

Based on livestock, the market is divided into pork, aquatic animals, cattle, and poultry, among others. The cattle sector is expected to hold a major market share due to the rising demand for beef cattle, which ranks second only to Wagu cattle from Japan, globally. This cattle is prized for its unique flavour in the country which originates from its muscles. Additionally, cattle are raised for milk, butter, and cheese production, which are a good source of calcium and protein, leading to rising demand among health-conscious consumers.

Leading Companies in the Argentina Animal Feed Market

The market players are offering innovative animal feed to gain a competitive edge in the market.

  • Alltech Inc.
  • Archer-Daniels-Midland Company
  • Cargill, Incorporated
  • Nutreco N.V.
  • BRF S.A.
  • Santa Silvina
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 4.30% between 2025 and 2034.

The market is being driven due to growing demand for animal-based protein, a surge of meat-based products, and a rise in cattle-rearing practices.

The key trends aiding the market include advancements in feed production technologies, integration of additives such as amino acids, and expansion of industrial farms.

Based on type, market segmentations include fodder and forage and compound feed.

Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.

Various types of raw materials are soy, and corn, among others.

Broiler feed is the largest type of feed produced in the country.

The major players in the market are Alltech Inc., Archer-Daniels-Midland Company, Cargill, Incorporated, Nutreco N.V., BRF S.A., and Santa Silvina, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Livestock
  • Raw Material
Breakup by Type
  • Fodder and Forage
  • Compound Feed 
Breakup by Livestock
  • Pork
  • Aquatic Animal
  • Cattle
  • Poultry
  • Others
Breakup by Raw Material
  • Soy
  • Corn
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Alltech Inc.
  • Archer-Daniels-Midland Company
  • Cargill, Incorporated
  • Nutreco N.V.
  • BRF S.A.
  • Santa Silvina
  • Others

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