The Latin America, Middle East and Africa Animal Feed Micronutrients Market would witness market growth of 10.5% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA Animal Feed Micronutrients Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 94.5 million by 2032. The Argentina market is showcasing a CAGR of 11.1% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 8.5% during (2025 - 2032). The Brazil and South Africa led the LAMEA Animal Feed Micronutrients Market by Country with a market share of 33.6% and 14.4% in 2024.
The LAMEA animal feed micronutrients market has changed because more people want to raise animals in a way that is good for the environment and makes them more productive. Latin America is in the lead because Brazil and Argentina have strong agricultural bases. Specialized feed solutions improve productivity, immunity, and feed conversion. In the Middle East, fortified feeds are becoming more popular because of harsh climates and worries about food security. In Africa, urbanization and a growing need for protein are slowly increasing the use of micronutrients. Some of the most important trends are the move toward organic and chelated formulations, precision nutrition, and technology-driven feed management to make sure animals get the most nutrition, waste less, and stay healthy.
To strengthen their presence in the market, top companies in LAMEA focus on forming partnerships with local businesses, coming up with new ideas, and working with government programs. They offer advanced chelated and organic blends, use digital monitoring tools, and focus on high-value markets like poultry, aquaculture, and swine. The competitive landscape includes both multinational giants and regional players. Global companies use research and development and wide distribution, while regional companies offer affordable, localized solutions. Competition is getting tougher all over the region as more and more people want animal products that are traceable, sustainable, and of high quality.
Based on Nutrient Type, the market is segmented into Trace Minerals, Vitamins, Amino Acids, Enzymes, and Other Micronutrients. With a compound annual growth rate (CAGR) of 8.7% over the projection period, the Trace Minerals Market, dominate the Brazil Animal Feed Micronutrients Market by Nutrient Type in 2024 and would be a prominent market until 2032. The Amino Acids market is expected to witness a CAGR of 10.2% during (2025 - 2032).
Based on Livestock, the market is segmented into Poultry, Ruminants, Aquaculture, Equine, and Other Livestock. The Poultry market segment dominated the UAE Animal Feed Micronutrients Market by Livestock is expected to grow at a CAGR of 7.8 % during the forecast period thereby continuing its dominance until 2032. Also, The Equine market is anticipated to grow as a CAGR of 11.2 % during the forecast period during (2025 - 2032).
Free Valuable Insights: The Worldwide Animal Feed Micronutrients Market is Projected to reach USD 2.39 Billion by 2032, at a CAGR of 9.2%
Brazil is a major exporter of beef and poultry, and there is a lot of demand for animal feed micronutrients in the country. This is driving the market's rapid growth. More and more, key micronutrients like zinc, copper, iron, and manganese are being used to improve the health, productivity, and feed efficiency of animals. Increasing consumption, expanding exports, government incentives, and sustainability initiatives all help the market grow. On the other hand, challenges include rising costs of raw materials and changes in currency values. Some trends are precision nutrition, organic trace minerals, and the use of technology in making feed. In the competitive landscape, global agribusinesses and local producers work together through partnerships and new ideas to reach both efficiency and sustainability goals.
By Form
By Nutrient Type
By Livestock
By Country
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