Latin America Animal Feed Additives Market Revenue Analysis, 2027

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Latin America Animal Feed Additives Market Size
to Cross USD 1.20 Bn by 2027
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Overview of Latin America Animal Feed Additives
Market

• The Latin America animal feed additives market is
  projected to grow substantially by 2027 owing to
  surging focus on the sustainability of poultry
  and livestock production. In addition, growing
  consumer demand for cleaner food is set to
  further bolster industry expansion over the
  forecast timeline.
• Following the COVID-19 outbreak, Latin America
  has witnessed a favorable shift in consumption
  behavior because of rising health and climate
  consciousness. Moreover, increasing importance of
  healthy, fresh, and high-quality food among
  consumers during the COVID-19 outbreak has also
  fostered product outlook during the pandemic.
• The Latin America animal feed additives market
  has been segmented on the basis of product,
  livestock, and country. Based on product, the
  Latin America animal feed additives market has
  been divided into antioxidant, pigments, enzymes,
  flavors, sweeteners, probiotics, vitamins, amino
  acids, and acidifiers.

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• The Latin America animal feed additives market
  has been categorized into natural and synthetic.
  The natural segment is expected to expand at a
  CAGR of nearly 5.5 over the forecast timeframe.
  The synthetic segment is likely to register
  significant growth at about 5.0 CAGR through the
  assessment timespan.
• The Latin America animal feed additives market
  has been divided into natural (stevia and
  thaumatin) and synthetic (neotame and
  saccharine). The natural sweeteners market is
  slated to register a CAGR of approximately 4.4
  through the study period. The stevia natural
  sweeteners segment is set to witness notable
  growth by 2027, registering a CAGR of over 5.6
  over the analysis period. The thaumatin natural
  sweeteners segment is likely to grow at more than
  4.3 CAGR through the forecast period.
• The synthetic sweeteners market is like to
  progress at a CAGR of approximately 4.4 over the
  review timeline. The neotame synthetic sweeteners
  segment is expected to grow at a CAGR of over
  4.4 through the forecast period The saccharine
  synthetic sweeteners segment is likely to observe
  substantial growth by 2027, registering a CAGR of
  above 4.5 over the analysis timeline.
• The Bifidobacterium segment is likely to register
  a CAGR of more than 5.6 through the study
  timeframe. The Streptococcus segment is estimated
  to grow at approximately 5.9 CAGR over the
  forecast period. The others probiotics segment is
  anticipated to register a CAGR of over 6.1
  through the projected time period.

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• The Latin America animal feed additives market
  has been segregated into tryptophan, lysin,
  methionine, threonine, and others. The tryptophan
  segment is expected to grow at a CAGR of over
  7.0 through the review timeline. The lysin
  segment is estimated to see steady development at
  a CAGR of approximately 5.5 over the analysis
  period.
• The methionine segment is slated to grow at a
  CAGR of over 6.4 through the study period. The
  threonine segment is anticipated to expand at
  about 5.4 CAGR over the forecast period. The
  others segment share is speculated to grow at a
  CAGR of approximately 5.0 through the analysis
  timeframe.
• Notable participants in the Latin America Animal
  Feed Additives market include ADM, DSM, BASF SE,
  Alltech Inc., Evonik Industries AG, Kemin
  Industries, Cargill Incorporated, and Dupont

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