IMARC Group has recently released a new research study titled “Mexico Compound Feed Market Report by Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Others), Ingredient (Cereals, Cakes and Meals, By-products, Supplements), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Mexico Compound Feed Market Overview
The Mexico compound feed market size reached USD 7.2 Billion in 2024 and is projected to grow to USD 11.1 Billion by 2033, exhibiting a CAGR of 5.00% during 2025-2033. Growth is driven by rising demand for livestock products like meat, milk, and eggs, alongside a shift toward sustainable and specialty feeds, and adoption of advanced digital tools in feed formulation. The market outlook reflects increasing livestock production and the integration of technology for improved feed quality and productivity.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Mexico Compound Feed Market Key Takeaways
- Current Market Size: USD 7.2 Billion in 2024
- CAGR: 5.00% from 2025 to 2033
- Forecast Period: 2025-2033
- Increasing consumption of livestock products such as meat, milk, and eggs is boosting market demand.
- Poultry, pork, and beef consumption is expected to reach 82.5 kilograms per capita by 2033 in Mexico.
- The shift toward sustainable and specialty feed free from antibiotics and synthetic additives is gaining traction.
- Technological advancements including digital tools and automation are improving feed formulation precision and efficiency.
- Companies are focusing on recycling organic waste for sustainable feed manufacturing, exemplified by NextProtein LATAM's 2024 initiative.
Sample Request Link: https://www.imarcgroup.com/mexico-compound-feed-market/requestsample
Mexico Compound Feed Market Growth Factors
The Mexico compound feed market is primarily driven by the increasing livestock production and consumption. The rising demand for protein-rich foods such as meat, milk, and eggs among the mass population, propelled by population growth and higher income levels, is escalating the need for compound feed. USDA Agricultural Projections to 2033 indicate meat consumption in Mexico is projected to rise, with poultry, pork, and beef consumption estimated to reach 82.5 kilograms per capita by 2033. This demand motivates livestock farmers to boost production, thereby increasing the requirement for high-quality compound feed formulated with precise nutritional content to support rapid growth and enhance meat quality.
A significant factor propelling growth is the adoption of sustainable and specialty feeds. There is an increasing demand for natural animal products that are free of antibiotics and synthetic additives. The use of precision fermentation and locally sourced ingredients reflects the market’s shift towards environmentally sustainable practices. Producers are also utilizing agricultural and organic waste in feed manufacturing, reducing livestock production’s environmental impact. For instance, NextProtein LATAM announced in 2024 that it will recycle 200,000 tons of organic waste from Mexico City’s Central de Abasto to produce animal protein feed, signaling a trend towards circular economy practices within the market.
Technological advancements in feed formulation and production processes play a crucial role in market growth. Integration of digital tools and automation enables manufacturers to create feed solutions that are more precise, efficient, and cost-effective, allowing real-time composition adjustments. These innovations improve feed quality, optimize nutrition, and meet rising standards of productivity and environmental stewardship. Companies like Pilgrim’s Mexico have invested in new hatcheries and feed mills in 2024 to enhance operational efficiency and strategic development, underlining the importance of technology for competitiveness and sustainable growth in the Mexico compound feed market.
Mexico Compound Feed Market Segmentation
Breakup By Animal Type:
- Ruminants: Includes livestock species such as cattle, sheep, and goats, which are major consumers of compound feed to support their growth and productivity.
- Poultry: Comprises chickens, turkeys, and other birds raised for meat and eggs, requiring nutritionally balanced compound feeds.
- Swine: Consists of pigs, where feed formulations are tailored to growth phases and health needs.
- Aquaculture: Encompasses fish and other aquatic species raised in controlled environments, with specialized feed to enhance growth rates and quality.
- Others: Covers other animal types less prevalent but included in compound feed consumption.
Breakup By Ingredient:
- Cereals: Primary grain ingredients used in feed formulations providing essential energy.
- Cakes and Meals: Protein-rich by-products from oil extraction processes incorporated in feed.
- By-products: Secondary agricultural and food processing residues used as feed components.
- Supplements: Nutritional additives included to balance diets and improve animal health and productivity.
Regional Insights
The report segments the market into Northern States, Central States, and Southern States of Mexico. Specific market share or CAGR statistics for these regions are not provided in the source. The segmented analysis covers key regional markets comprehensively to reflect diverse market dynamics.
Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=24592&flag=C
Recent Developments News
In May 2024, Elanco announced that the FDA completed the review of Bovaer®, a unique methane-reducing feed ingredient, and expanded its distribution agreement with dsm-firmtech across North America, including Mexico. In June 2023, Amlan International, part of Oil-Dri® Corporation of America, completed the acquisition of the remaining non-controlling interest in Agromex Importaciones, S.A. de C.V., strengthening its presence in Mexico’s animal nutrition sector.
Key Players
- NextProtein LATAM
- Pilgrim’s Mexico
- Elanco
- dsm-firmtech
- Amlan International
- Agromex Importaciones, S.A. de C.V.
Customization Note:
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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