Mark William

The animal feed market in Mexico is poised for significant growth in 2024, driven by increasing demand for livestock products, advances in feed technology, and a growing focus on sustainable agricultural practices. As one of the largest producers of livestock in Latin America, Mexico's animal feed sector plays a crucial role in ensuring food security and enhancing the efficiency of the agricultural supply chain. Rising Demand for Livestock Products One of the primary factors contributing to the growth of the animal feed market is the rising demand for animal protein. With a population exceeding 126 million, Mexico's appetite for beef, poultry, and pork is continually increasing. According to the National Institute of Statistics and Geography (INEGI), meat consumption has risen significantly in recent years, prompting livestock producers to seek higher-quality feed solutions that can enhance growth rates and improve feed conversion ratios. This shift is expected to boost the