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Colombia Animal Feed Market Size, Share, Trends, Growth: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators of Price; Competitive Landscape; 2024-2032
Colombia Animal Feed Market Size
The Colombia animal feed market is projected to grow at a CAGR of 4.10% between 2024 and 2032.
Colombia Animal Feed Market Outlook
- In 2023, the population of Colombia reached 52,085,168, registering a 0.41% increase from 2022.
- In CY 2021, Colombia planted 142,974 hectares of genetically engineered (GE) corn, representing a 31% increase compared to 2020.
- In 2021, the GDP of Colombia grew by 10.2%, which, in turn, contributed to the animal proteins sector growth.
Colombia Animal Feed Market Growth
Livestock farming is a main agricultural activity in Colombia and is a major contributor to the country’s economy. About 34.4 million hectares in the country are used as pastures, of which 30% is occupied by livestock farming. Colombia has a significant consumption of meat, with poultry as the main source of animal protein (36.8 kg/capita per year) followed by pork (10.6 kg/capita per year) and beef (9.5 kg/capita per year). The increasing demand for high protein in Colombian diets is supporting the consumption of meat and dairy.
The corn production in Colombia is segregated into two categories namely, large-scale, and modern production, which includes medium and large industrial farms, and traditional production, which comprises of small landholdings. The average corn yield of Colombia is approximately 4.0 MT/Ha. According to the Colombian Association of Cereal and Legume Producers (Fenalce), in 2021, 81% of Colombia’s total corn production was from modern production, hybrid seed with an average yield of 5.5 MT/Ha.
Colombia has the presence of 17 agriculture-producing regions, but seven produce nearly 70% of total production. The livestock farming in Colombia is concentrated in the eastern plains – Arauca, Casanare, Meta, and Vichada departments, among others. Furthermore, the increasing population of Colombia is contributing to an increased demand for animal protein, further supporting the market for animal feed in Colombia.
Colombia Animal Feed Industry Segmentation
Colombia Animal Feed Market Report and Forecast 2024-2032 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
Colombia Animal Feed Market Share
Based on raw material, the market is divided into soy and corn. The corn demand is anticipated to increase, supported by the prevalence of government initiatives for improving corn production, favourable climatic conditions, and growing agricultural activities in the region.
Leading Companies in the Colombia Animal Feed Market
The market participants provide specialised assistance and offer high quality feed to meet various requirements. They are incorporating the best methods and procedures to provide optimal results to customers.
- Alltech Inc.
- Cargill, Incorporated
- Nutreco N.V.
- BRF S.A
- ITALCOL S.A
- Contegral SAS
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Livestock |
|
| Breakup by Raw Material |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Latin America Animal Feed Historical Market (2018-2023)
8.3 Latin America Animal Feed Market Forecast (2024-2032)
9 Colombia Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Colombia Animal Feed Historical Market (2018-2023)
9.3 Colombia Animal Feed Market Forecast (2024-2032)
10 Colombia Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Colombia Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Colombia Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Alltech Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cargill, Incorporated
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Nutreco N.V.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 BRF S.A.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 ITALCOL S.A.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Contegral SAS
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
2. Latin America Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Colombia Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
4. Colombia Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Colombia Animal Feed Historical Market: Breakup by Type (USD Million), 2018-2023
6. Colombia Animal Feed Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Colombia Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Colombia Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Colombia Animal Feed Historical Market: Breakup by Livestock (USD Million), 2018-2023
10. Colombia Animal Feed Market Forecast: Breakup by Livestock (USD Million), 2024-2032
11. Colombia Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Colombia Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Colombia Animal Feed Historical Market: Breakup by Raw Material (USD Million), 2018-2023
14. Colombia Animal Feed Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
15. Colombia Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Colombia Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Colombia Animal Feed Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 4.10% between 2024 and 2032.
Animal feed refers to any raw or processed food provided to domestic animals, including complete feed, concentrated feed, feed additives, and traditional feed.
The key raw materials include soy, and corn, among others.
The major classifications based on type include fodder and forage, and compound feed.
The livestock types include pork, aquatic animals, cattle, poultry, and others.
The major players in the market are Alltech Inc., Cargill, Incorporated, Nutreco N.V., BRF S.A, ITALCOL S.A, and Contegral SAS, among others.
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