Argentina’s phytase market is emerging, driven by its expanding poultry and pork sectors and the need for feed efficiency improvements. The country has a well-established feed milling industry that is increasingly incorporating enzyme technologies to enhance nutrient availability and reduce the cost of animal protein production. However, economic instability, high inflation, and import dependency for advanced enzymes pose significant challenges. Despite these hurdles, there is growing awareness about phytase benefits, and local research institutions are promoting sustainable feed practices. As the country enhances its livestock export capabilities, demand for high-performance feed additives like phytase is expected to grow.
TABLE - Argentina Feed Phytase Market Size & Forecast By Livestock Type 2021-2033
Livestock Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Poultry Feed | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Swine Feed | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Ruminant Feed | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Aquaculture Feed | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis