Summary

Peru animal feed market is expected to grow at a steady rate during the forecast period. The Peru animal feed market is driven by the growing demand for meat and meat products. Additionally, growing awareness pertaining to animal health, availability of different types of feed options with different vitamins & supplements, among others is propelling the market in the country. Also, the drastic increase in the population of livestock is also fueling the market.

The Peru animal feed market is segmented based on type, livestock, raw material, distribution channel, company and regional distribution. Based on livestock, the market can be categorized into swine, aquatic animals, cattle, poultry and others. The cattle feed segment is expected to grow during the forecast period which is attributable to the increased industrialization of cattle products like meat and dairy.

Major players operating in the Peru animal feed market include Cargill, Nutriad, BASF SE, Archer Daniels Midland Company, Alltech International, Novus International and others. Companies operating in the market are using strategies both organic and inorganic to advance their share in the market. Inorganic strategies used by companies include mergers & acquisition, collaboration, among others to strengthen their position in the market.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
• To analyze and forecast the market size of Peru animal feed market.
• To classify and forecast Peru animal feed market based on type, livestock, raw material, distribution channel, company and regional distribution.
• To identify drivers and challenges for Peru animal feed market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Peru animal feed market.
• To identify and analyze the profile of leading players operating in Peru animal feed market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies, distribution channels and presence of all major players across the region.
TechSci Research calculated the market size of Peru animal feed market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
• Animal feed manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to animal feed
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Peru animal feed market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Peru Animal Feed Market, By Type:
o Fodder
o Forage
o Compound Feed
• Peru Animal Feed Market, By Livestock:
o Swine
o Aquatic Animals
o Cattle
o Poultry
o Others
• Peru Animal Feed Market, By Raw Material:
o Soya
o Canola
o Rendered Meal
• Peru Animal Feed Market, By Distribution Channel:
o Store-based
o Non-Store-based
• Peru Animal Feed Market, By Region:
o Eastern
o Southern
o Western
o Central
o Northern

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Peru animal feed market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).

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