Mexico's Animal Feed Production Booms
Researched by Industrial Info Resources (Sugar Land, Texas)--Mexico, one of the largest food and beverage producers in Latin America, is the second-largest producer of animal feed in Latin America (behind Brazil) and the fifth-largest worldwide. Animal feed production in Mexico has been growing at an average annual rate of 4% during the last four years.
Demand growth has been attributed to booming pet adoption amid the pandemic's social isolation measures, among other factors. Although Mexico's animal feed production has slowed due to pandemic-related safety measures, it is expected to resume growing in 2022.
Industrial Info is tracking 37 animal feed projects in Mexico, worth more than $138 million. Subscribers to Industrial Info's Food & Beverage Project Database can click here for a list.
Granjas Carroll de Mexico, Cargill, and Nupien Comercializadora SA are a few of the leading companies spending the most on expansion of animal feed manufacturing in Mexico.
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