Key Market Indicators
Peruvian animal feed exports are projected to reach approximately 367 million kilograms by 2028, up from around 305 million kilograms in 2023. This growth represents an average annual increase of 2.9%. Since 1997, Peru's supply of animal feed has consistently risen, averaging a 4% increase each year. In 2023, Peru ranked 13th in global animal feed exports, with Denmark narrowly surpassing it by matching the 305 million kilograms mark. Germany, Belgium, and the United States secured the second, third, and fourth positions, respectively, in the 2023 rankings. On the demand side, Peru has seen a significant rise since 1997, with an average annual increase of 16.2%.
