South & Central America Corn and Wheat-Based Feed Market Forecast to 2030

At 5.1% CAGR, South & Central America Corn and Wheat-Based Feed Market is Speculated to be Worth US$ 31,484.85 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America corn and wheat-based feed market was valued at US$ 21,186.18 million in 2022 and is expected to reach US$ 31,484.85 million by 2030, registering a CAGR of 5.1% from 2022 to 2030. Growth of aquaculture industry and rising preference for organic feed are among the critical factors attributed to drive the South & Central America corn and wheat-based feed market growth.

The fishery industry is expanding due to changing cultural preferences, improving aquaculture production, and rising demand for fish and seafood. Fish has a high protein content and low cholesterol; therefore, the demand for fish and fish-related products has increased across the globe. Thus, aquaculture production has upsurged to cater to the increasing demand. As per the FAO, global aquaculture production of animal species grew by 2.7% in 2020 compared with 2019.

Figure 1. World Aquaculture Production, 1091–2020

With growing aquaculture, the demand for aquafeed is increasing. Fish meal is the major feed used in the aquaculture segment. Corn gluten meal has recently been used as a plant-based alternative to fishmeal. Corn gluten meal contains a high protein and low fiber content with low anti-nutritional factors (ANF). They are rich in minerals, vitamin B, and vitamin E. Corn gluten meal in shrimp feed significantly enhances digestibility and energy.

Moreover, with the rising sustainability concern, aquaculture farmers are significantly replacing animal-sourced feed with plant-sourced feed. Thus, the demand for wheat and corn-based feed is increasing due to their high quality and nutritional performance. Roquette Frères, a key market player in the corn and wheat-based feed market, offers wheat-based feed for aquaculture. Thus, the growth of aquaculture is expected to create massive opportunities in the corn and wheat-based feed market across the world in the coming years.

On the contrary, the challenges related to corn and wheat production hampers the growth of South & Central America corn and wheat-based feed market.

Based on product type, the South & Central America corn and wheat-based feed market is bifurcated corn-based and wheat-based. The corn-based segment held 90.7% market share in 2022, amassing US$ 19,225.87 million. It is projected to garner US$ 28,453.81 million by 2030 to register 5.0% CAGR during 2022–2030. The corn-based segment is further sub segmented into corn gluten meal, corn gluten feed, and other corn-based feed. The wheat-based segment is further sub segmented into wheat gluten, wheat bran, and other wheat-based feed.

In terms of livestock, the South & Central America corn and wheat-based feed market is categorized into poultry, ruminants, swine, aquaculture, and others. The poultry segment held 44.8% share of South & Central America corn and wheat-based feed market in 2022, amassing US$ 9,486.93 million. It is anticipated to garner US$ 13,768.77 million by 2030 to expand at 4.8% CAGR during 2022–2030.

By country, the South & Central America corn and wheat-based feed market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 54.3% share of South & Central America corn and wheat-based feed market in 2022. It was assessed at US$ 11,505.08 million in 2022 and is likely to hit US$ 17,165.54 million by 2030, registering a CAGR of 5.1% during 2022–2030.

Key players operating in the South & Central America corn and wheat-based feed market are Agrana Beteiligungs AG, Archer Daniels Midland Company, Associated British Foods Plc, BENEO GmbH, International Nutritionals Ltd, and Roquette Freres SA, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America corn and wheat-based feed market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America corn and wheat-based feed market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America corn and wheat-based feed market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. South & Central America Corn and Wheat-Based Feed Market Landscape
4.1 Market Overview
4.2 Porter’s Analysis Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 End User
5. South & Central America Corn and Wheat-Based Feed Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Livestock Production
5.1.2 Benefits of Corn and Wheat in Animal Feed
5.2 Market Restraints
5.2.1 Challenges Related to Corn and Wheat Production
5.3 Market Opportunities
5.3.1 Growth of Aquaculture Industry
5.4 Future Trends
5.4.1 Rising Preference for Organic Feed
5.5 Impact of Drivers and Restraints:
6. Corn and Wheat-Based Feed Market – South & Central America Analysis
6.1 South & Central America Corn and Wheat-Based Feed Market Revenue (US$ Million), 2020-2030
6.2 South & Central America Corn and Wheat-Based Feed Market Forecast Analysis
7. South & Central America Corn and Wheat-Based Feed Market Analysis – by Product Type
7.1 Corn-Based
7.1.1 Overview
7.1.2 Corn-Based: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.1.3 Corn Gluten Meal
7.1.3.1 Overview
7.1.3.2 Corn Gluten Meal: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.1.4 Corn Gluten Feed
7.1.4.1 Overview
7.1.4.2 Corn Gluten Feed: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.1.5 Other Corn-Based Feed
7.1.5.1 Overview
7.1.5.2 Other Corn-Based Feed: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Wheat-Based
7.2.1 Overview
7.2.2 Wheat-Based: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.2.3 Wheat Gluten
7.2.3.1 Overview
7.2.3.2 Wheat Gluten: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.2.4 Wheat Bran
7.2.4.1 Overview
7.2.4.2 Wheat Bran: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
7.2.5 Other Wheat-Based Feed
7.2.5.1 Overview
7.2.5.2 Other Wheat-Based Feed: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Corn and Wheat-Based Feed Market Analysis – by Livestock
8.1 Poultry
8.1.1 Overview
8.1.2 Poultry: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Ruminants
8.2.1 Overview
8.2.2 Ruminants: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Swine
8.3.1 Overview
8.3.2 Swine: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Aquaculture
8.4.1 Overview
8.4.2 Aquaculture: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Corn and Wheat-Based Feed Market – Country Analysis
9.1 South & Central America
9.1.1 South & Central America Corn and Wheat-Based Feed Market Breakdown, by Key Countries, 2022 and 2030 (%)
9.1.1.1 South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Brazil: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 Brazil: South & Central America Corn and Wheat-Based Feed Market Breakdown, by Product Type
9.1.1.2.2 Brazil: South & Central America Corn and Wheat-Based Feed Market Breakdown, by Livestock
9.1.1.3 Argentina: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Argentina: South & Central America Corn and Wheat-Based Feed Market Breakdown, by Product Type
9.1.1.3.2 Argentina: South & Central America Corn and Wheat-Based Feed Market Breakdown, by Livestock
9.1.1.4 Rest of South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Rest of South & Central America Corn and Wheat-Based Feed Market Breakdown, by Product Type
9.1.1.4.2 Rest of South & Central America Corn and Wheat-Based Feed Market Breakdown, by Livestock
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Company Profiles
11.1 Associated British Foods Plc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Roquette Freres SA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 BENEO GmbH
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 International Nutritionals Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Agrana Beteiligungs AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Archer Daniels Midland Company
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The the Reporting Teams

LIST OF TABLES

Table 1. South & Central America Corn and Wheat-Based Feed Market Segmentation
Table 2. South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 4. South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Livestock
Table 5. South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 6. Brazil: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 7. Brazil: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Livestock
Table 8. Argentina: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 9. Argentina: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Livestock
Table 10. Rest of South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 11. Rest of South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million) – by Livestock
Table 12. Heat Map Analysis by Key Players

LIST OF FIGURES

Figure 1. South & Central America Corn and Wheat-Based Feed Market Segmentation, by Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem Analysis: South & Central America Corn and Wheat-Based Feed Market
Figure 4. South & Central America Corn and Wheat-Based Feed Market – Key Market Dynamics
Figure 5. Global Meat Production by Livestock Type (2001-2021)
Figure 6. World Aquaculture Production, 1091-2020
Figure 7. Impact Analysis of Drivers and Restraints
Figure 8. South & Central America Corn and Wheat-Based Feed Market Revenue (US$ Million), 2020-2030
Figure 9. South & Central America Corn and Wheat-Based Feed Market Share (%) – by Product Type (2022 and 2030)
Figure 10. Corn-Based: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Corn Gluten Meal: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Corn Gluten Feed: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Other Corn-Based Feed: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Wheat-Based: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Wheat Gluten: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Wheat Bran: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Other Wheat-Based Feed: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. South & Central America Corn and Wheat-Based Feed Market Share (%) – by Livestock (2022 and 2030)
Figure 19. Poultry: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Ruminants: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Swine: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Aquaculture: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Others: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. South & Central America Corn and Wheat-Based Feed Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 25. South & Central America Corn and Wheat-Based Feed Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 26. Brazil: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Argentina: South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Rest of South & Central America Corn and Wheat-Based Feed Market – Revenue and Forecast to 2030 (US$ Million)
Figure 29. Company Positioning & Concentration