The Latin America animal feed additives market to grow rapidly in the coming years due to increased livestock farming along with the rapid adaption of additives for better animal growth
Feed additives are used as a supplement for livestock to enhance the feed efficiency, composition, digestibility, animal product quality and quantity among others. The augmented need for quality-based meat products and growth in the development of animal nutritional will propel the need for nutritional ingredients in animal feed.
The Latin America animal feed additives market size will surpass $3.5 billion by 2027, as per research reports by Global Market Insights, Inc.
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The Latin America animal feed additives market is slated to observe lucrative gains in the coming years due to the growth in the development of animal nutrition coupled with increasing awareness amongst farmers regarding animal feed additives. The rapid consumption of animal-based products for protein intake and technological advancements in animal nutrition will also drive the market demand.
Not to mention, the regulatory measures by government and provision of financial support to the farmers to undertake agribusinesses like livestock and poultry will promote the demand for low-price animal nutritional products, accelerating the Latin America animal feed additives market.
Over the years, the demand for livestock products like dairy-based products and meat has significantly surged across the Latin American countries, resulting in increased livestock and poultry farming, further driving the demand for Latin America animal feed additives market.
Vitamins are organic substances vital for normal metabolic processes in animals. Deficiency or lack of one or more vitamin causes metabolic disorders which can further cause various issues such as growth retardation, fertility problems or related diseases and others.
Increasing use of vitamin additives, in place of other feed additives for proper body functioning, has left various governments to seek adoption of these on a much larger scale. For instance, Brazil’s Ministry of Agriculture, Livestock and Supply in the year 2020, banned the use of antibiotics in the production of swine, propelling the use of other feed additives like vitamins.
Antioxidant based additives are used to feed animals to provide protection against diseases, infections and sickness. Natural or synthetic antioxidants are used to cease the oxidative deterioration and provide freshness to the feed products. Natural antioxidants like vitamin C, tocopherols are considered effective for food preservation.
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Lysine is the most used amino acid in the diet of swine and poultry to ensure the proper functioning of their immune system and growth rate. Elaborating further, it would be imperative to note that Biolys is an efficient source of the amino acid L-lysine and backs with a healthy and adequate nutrition of animals.
One example of natural antioxidant includes phytogenic feed additives, which are plant origin substances added to animal diet to improve the animal performance. They have a wide range of biologically active properties beneficial in anti-inflammatory, digestion-enhancing effects in livestock.
Amino acid is an integral component of the animal nutrition which helps in the maintenance of biochemical and physiological structure of livestock. Amino acids are considered to be the building blocks of protein, which is vital in animals for the growth and regeneration of tissues.
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