01 Rising Meat Consumption Meat consumption has increased a lot in Latin America because of a growing population, more people living in cities, and changed tastes in food. This trend drives the need for feed chemicals to help animals grow meat more efficiently. The Brazilian Animal Protein Association (ABPA) says that in 2020, Brazil produced about 27.3 million metric tons of meat. This includes beef, chicken, and pork. Over the years, the number of people living in Brazil, their wages, and the growth of cities have all led to a steady rise in meat consumption.
01 Volatility in Price Animal feed is mostly corn. Weather, global markets, and government actions can affect Latin American grain prices. Corn is a key ingredient in many animal feed additives. Therefore, price fluctuations affect their cost. Latin American grain prices fluctuate, according to FAO data. Brazil, the region's top maize producer, had its corn price per metric ton fluctuate over the past few years. In 2020, corn in Brazil cost USD 190 per metric ton, up from USD 152 in 2019. Corn-based animal feed additives can be affected by these price changes.
01 Growing Demand for Quality Animal Protein High-quality meat, poultry, and dairy products are in demand due to increased population, income, and diet. The Mexican Meat Council reports that meat consumption has continuously increased. Meat per capita increased by 6.1% to 81.8 kilos in 2020. Due to their affordability and variety in Mexican cuisine, poultry, and pork consumption has increased. Meat consumption is expected to rise across Latin America. According to the FAO, Latin American meat consumption is anticipated to rise by 17% between 2017 and 2027 population growth, urbanization, and an increasing middle class with more spending power fuel this growth. Latin American demand for high-quality animal protein presents opportunities for producers of animal feed additives.
June 2026 ADM expanded its animal nutrition footprint in Brazil by opening a new premix production facility in Apucarana, increasing regional manufacturing capacity and strengthening the supply of feed additives and nutritional solutions across Latin America.
February 2026 dsm-firmenich signed an agreement to divest its Animal Nutrition & Health business to CVC Capital Partners, strengthening the long-term focus and growth of its feed additives and animal nutrition portfolio.
July 2025 Cargill signed a binding agreement to acquire Mig-Plus in Brazil, expanding its animal nutrition business with a broader portfolio of premixes, feed concentrates, and complete feed solutions for livestock producers across Latin America.
June 2025 Novonesis completed the acquisition of dsm-firmenich's stake in the Feed Enzyme Alliance, strengthening its feed enzyme portfolio and expanding innovation, production, sales, and distribution capabilities for animal feed additives.