Brazil Poultry Feed Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Layer, Broiler, Turkey, Others), Raw Materials (Soya, Canola, Rendered Meat, Others), And By Additives (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers) - Forecasts From 2022 To 2027

The Brazil poultry feed market was evaluated at US$8,434.801 million for the year 2020, growing at a CAGR of 4.09% reaching a market size of US$11,167.227 million by the year 2027.

Farmers use the poultry feed to feed poultry, including chickens, geese, ducks, turkeys, and other domestic birds. Modern feed is prepared by carefully selecting and blending components to provide a highly nutritious diet that maintains the health of poultry birds while also boosting the quality of end products like meat and eggs. Minerals, vitamins, carbohydrates, proteins, and water are the most important nutrients for poultry birds' development, reproduction, and health. The majority of the energy necessary for development comes from carbohydrates and fats. Chicken protein is also a significant source of energy for chickens, particularly when carbohydrate and fat intake are low.

In the projected period 2020-2027, rising preferences for animal protein, global growth of the egg and poultry industries, a rising population, rising health awareness regarding protein consumption, and the per capita consumption of meat are some of the factors that will certainly boost the growth of the Brazilian poultry feed market. Due to the high quality of its poultry and the efficiency of its chicken production, Brazil is considered one of Europe's greatest poultry exporters and producers.  According to the Alltech Agri-Food Outlook 2022, Latin America had moderate growth of 0.5 percent, with Brazil continuing to dominate the area in feed production and ranking third internationally. This is primarily due to the country's high raw material production combined with rising meat consumption. Brazil has high domestic feed consumption since it is a regional meat-producing hub. According to the 2019 Alltech feed survey, there are around 1,580 feed mills in Brazil. Because of the sub-tropical climate in which most of Brazil's chicken farms are located, as well as its self-sustaining farming methods, which allow for greater animal health and welfare, environmentally friendly poultry production, and inexpensive chicken for all, Brazil can be considered something of an ideal environment for chicken farming. As a result, meat consumption in Brazil has increased dramatically year after year. Furthermore, the prevalence of low-cost feed and expanding consumer preferences for white meat would further increase the numerous prospects for the poultry feed market to grow throughout the projection period.

On the other hand,  volatility in raw material prices, as well as environmental concerns, are expected to stymie the poultry feed market's expansion throughout the forecast period.

In recent years, the broiler category has grown to become the largest by type. Growing demand for chicken meat due to its high protein content has emerged as a major driver of industry expansion. Broilers are raised solely to produce meat. Broiler farming is growing in response to the rising demand for chicken meat, which is fueled by the availability of protein-rich meat at a low cost. One of the most critical aspects of broiler farming is proper nutrition. In the poultry feed market, the layer category, on the other hand, is ranked as the second-largest section. The primary purpose of layer farming is to produce eggs. As the world's population grows, so does the demand for food and energy, increasing food production around the world. The key demand drivers for the expansion of the layer category are rising per capita egg consumption and worldwide population growth.

In recent years, the amino acid in the additives segment has emerged as the largest in terms of volume and revenue, and it is expected to increase at a rapid rate in the coming years. Because amino acids are one of the most essential sources of protein, they are extremely important in poultry nutrition. Amino acid helps minimise the amount of soy protein in a monogastric animal's diet due to its high protein content.

Brazil is predicted to develop at a substantial CAGR over the forecast period. The Brazilian animal feed market is being driven by rising meat consumption and rising demand for milk and dairy products. Brazil's poultry industry produces a wide range of broiler-type chickens for the production of meat, including smaller broilers for rotisserie eateries, fowl for processing into poultry parts, processed meat, or ready-to-cook goods, as well as whole chickens. Due to increased local demand, greater domestic price power as long-standing tariff-rate-quota allocations lapse, and somewhat less unpredictable feed costs, chicken meat, eggs, and egg products remain the most popular and inexpensive animal protein among households. Furthermore, South America's feed production is dominated by Brazil, which ranks third in the world's feed-producing countries. Animal husbandry is one of Brazil's most important agricultural industries. Brazil is also the world's largest exporter of beef and the second-largest exporter of poultry. The rapid development of the feed sector is fueled by rising trade demand and domestic needs. The ratio of poultry feed & swine feed in the feed structure surpasses 80%.

COVID-19 Impact

At the beginning of the COVID-19 pandemic, limitations aimed at containing it resulted in the closure of poultry feed companies in Brazil, resulting in a feed scarcity for cattle farmers. However, growth, modernization, and the adoption of more sustainable practices were all happening at the same time. Moreover, due to exemptions from lockdown regulations and a rise in poultry meat consumption, the poultry feed business flourished in the later stages. According to the Alltech Global Feed Survey 2020, total broiler production in Latin America reached 60.8 MMT, with Brazil leading the way. Furthermore, according to Alltech Agri-Food Outlook 2022, Brazil was amongst the top ten feed-producing countries with a total feed production of 80.094 mmt.

Recent Development

SYNCRA, a chicken feed supplement developed by DuPont de Nemours and Company, was announced in March 2019 to improve the digestibility of nutrients in poultry production.

Segmentation

• By Type
  • Layer
  • Broiler
  • Turkey
  • Others
• By Raw Materials
  • Soya
  • Canola
  • Rendered Meat
  • Others
• By Additives
  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acids
  • Feed Enzymes
  • Feed Acidifiers

Alltech

Cargill

Archer Daniels Midland

BASF

Adisseo

De Heus

Novus International

Yara International

Biomin

Nutreco