Brazil's increased exports create food additive demand
Revenues from Brazil's export of chicken meat to 142
countries reached US$3.5 billion, up 35% from the previous year. Internal
consumption also increased by 4.69% reaching 35.4 kilograms per
Brazil's position as one of the most important meat exporters in the world
and one of the leading animal feed producers is driving strong growth of its
animal feed additives market.
Brazil's average annual production of animal feed is 47 million tons, while
its export of chicken and pork meat is steadily rising from year to year, as is
the internal consumption of these products. These factors have done much to
boost the Brazilian market for animal feed additives.
According to Frost & Sullivan
analyst Victoria Verdier, â€œAs demand for feed additives is related
to animal feed production, the steady demand for poultry and swine is expected
to drive the growth of the animal feed industry and consequently, the additives
market in Brazil from 2006 to 2012.â€
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