Key Insights
The South American feed probiotics market, currently valued at approximately $XX million (estimated based on global market trends and regional economic data), is projected to experience robust growth, with a compound annual growth rate (CAGR) of 5.60% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, increasing consumer demand for antibiotic-free and sustainably produced meat and aquaculture products is driving adoption of probiotics as a natural alternative to improve animal health and productivity. Secondly, rising awareness among farmers regarding the benefits of improved gut health, leading to enhanced feed efficiency and reduced mortality rates, is a significant factor. Thirdly, advancements in probiotic strain development and delivery systems are creating more effective and commercially viable solutions for various animal types. Segment-wise, the Lactobacilli and Bifidobacteria types are expected to dominate the market, driven by their proven efficacy and established application in animal feed. Ruminants (cattle) and poultry are the largest animal segments, reflecting the high volume of livestock production in the region. However, the aquaculture segment is projected to experience faster growth due to increasing demand for seafood and the inherent susceptibility of farmed fish to disease. Geographic focus within South America indicates Brazil and Argentina as the leading markets, owing to their substantial livestock and aquaculture industries. Market restraints include the relatively high cost of probiotics compared to conventional feed additives, as well as a lack of awareness and technical expertise regarding their application in certain regions. Leading companies like Biomin GmbH, Novozymes, and Lallemand Animal Nutrition are actively investing in research and development, enhancing product portfolios, and expanding their regional presence to capitalize on this growing market opportunity.
The forecast period of 2025-2033 offers significant opportunities for growth within the South American feed probiotics market. The continued focus on sustainable and ethical animal farming practices coupled with the growing adoption of precision livestock farming techniques will further stimulate demand. Addressing the cost barrier through economies of scale and innovative production methods will be key to unlocking greater market penetration. Moreover, focused education and training programs aimed at farmers and stakeholders can enhance awareness and promote the effective utilization of probiotics. Expansion into less-developed areas of South America presents a significant potential for future growth. The competitive landscape is expected to remain dynamic, with existing players focusing on strategic partnerships and product diversification, while new entrants explore niche applications and regional opportunities. Overall, the South American feed probiotics market demonstrates a positive trajectory, poised for considerable expansion in the coming years.

South America Feed Probiotics Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the South America Feed Probiotics Market, offering invaluable insights for industry stakeholders, investors, and strategic planners. Covering the period from 2019 to 2033, with a focus on the base year 2025 and a forecast period from 2025 to 2033, this report meticulously examines market dynamics, trends, leading players, and future growth opportunities. Key segments analyzed include Lactobacilli, Bifidobacteria, and Others (by Type) and Ruminant, Poultry, Swine, Aquaculture, and Others (by Animal Type). Leading companies such as Biomin GmbH, Novozymes, Lallemand Animal Nutrition, Novus International Inc, CHR Hansen A/S, DuPont Inc, Cargill Inc, and DSM Animal Nutrition and Health are profiled, providing a granular understanding of their market presence and strategic initiatives. The report quantifies the market in Millions (USD) and provides actionable intelligence for navigating this dynamic market.
South America Feed Probiotics Market Market Concentration & Dynamics
The South America feed probiotics market exhibits a moderately concentrated landscape, with a few major players holding significant market share. Biomin GmbH, Novozymes, and Cargill Inc collectively account for an estimated xx% of the market in 2025. However, a growing number of smaller, specialized companies are also emerging, leading to increased competition. The innovation ecosystem is characterized by continuous research and development efforts focused on enhancing probiotic strains' efficacy and expanding their application across different animal species. Regulatory frameworks vary across South American countries, influencing product approvals and market access. Substitute products, such as antibiotics and other feed additives, pose a competitive threat, although the growing awareness of antibiotic resistance is driving demand for probiotics. End-user trends show a preference for natural and sustainable feed solutions, boosting the adoption of probiotics in animal feed. M&A activity in the sector has been moderate over the historical period (2019-2024), with an estimated xx M&A deals concluded. Future M&A activity is expected to increase as larger companies seek to expand their product portfolios and geographic reach.
- Market Share: Biomin GmbH (xx%), Novozymes (xx%), Cargill Inc (xx%), Others (xx%).
- M&A Deal Count (2019-2024): xx
- Key Regulatory Bodies: [List relevant regulatory bodies in South American countries]
- Substitute Products: Antibiotics, prebiotics, organic acids.
South America Feed Probiotics Market Industry Insights & Trends
The South America feed probiotics market is experiencing robust growth, driven by several key factors. The market size in 2025 is estimated at xx Million, with a Compound Annual Growth Rate (CAGR) projected at xx% during the forecast period (2025-2033). Increasing awareness of the benefits of probiotics in animal health and productivity is a major driver. This includes improved feed conversion ratios, enhanced immune systems, and reduced reliance on antibiotics. Technological advancements in probiotic strain development and formulation are also contributing to market expansion. These include the use of advanced techniques like genomics and proteomics to identify and characterize novel probiotic strains with enhanced efficacy. Evolving consumer preferences for sustainably produced meat and poultry are indirectly boosting demand for feed probiotics, as farmers seek to reduce their environmental footprint and enhance animal welfare. The increasing adoption of precision livestock farming technologies provides opportunities for better targeted probiotic application and improved efficacy monitoring.

Key Markets & Segments Leading South America Feed Probiotics Market
Brazil is the dominant market in South America for feed probiotics, accounting for an estimated xx% of the regional market in 2025, followed by Argentina and Colombia. This dominance stems from Brazil's substantial livestock industry and expanding aquaculture sector. Within the product type segment, Lactobacilli holds the largest market share, owing to its established efficacy and extensive research supporting its use in various animal species. In terms of animal type, the poultry segment is expected to dominate the market due to the high density of poultry farms and increasing demand for cost-effective and efficient poultry production.
Drivers for Brazil's Market Dominance:
- Large Livestock Population: Brazil boasts one of the world's largest livestock populations, creating significant demand for feed additives.
- Growing Aquaculture Industry: The expanding aquaculture sector contributes to the demand for probiotics in fish feed.
- Government Support: Government initiatives promoting sustainable livestock farming can indirectly drive the adoption of probiotics.
- Economic Growth: Overall economic growth in Brazil fuels the expansion of the agricultural sector.
Dominance Analysis:
Brazil's dominance is attributable to its vast livestock population, significant aquaculture sector, and supportive governmental policies. The high density of poultry farms within Brazil is further solidifying the poultry segment's prominence.
South America Feed Probiotics Market Product Developments
Recent product innovations focus on developing specialized probiotic strains tailored for specific animal species and production systems. New formulations incorporating multiple probiotic strains and synergistic prebiotics are gaining traction. Furthermore, advancements in encapsulation technologies are improving probiotic stability and delivery in feed, enhancing their overall efficacy. These developments enhance the probiotics' overall impact on animal health, improving feed conversion, enhancing immunity, and improving overall productivity. These innovations provide competitive advantages by offering superior performance and increased profitability to animal producers.
Challenges in the South America Feed Probiotics Market Market
The South America feed probiotics market faces several challenges, including inconsistent regulatory frameworks across different countries, which can create complexities in product registration and market access. Supply chain issues, particularly in sourcing high-quality probiotic strains and ensuring consistent product quality, pose further challenges. The competition from existing feed additives, such as antibiotics and other growth promoters, also limits the market penetration of probiotics. The high initial investment required for probiotic production and the lack of awareness among smaller farmers are additional hurdles. These factors collectively impact market growth and profitability.
Forces Driving South America Feed Probiotics Market Growth
The growing awareness of antibiotic resistance is a primary driver, prompting a shift toward alternative solutions like probiotics. Government regulations promoting sustainable livestock farming practices indirectly support probiotic adoption. Rising consumer demand for meat and poultry from animals raised without antibiotics is creating a pull effect in the market. Technological advancements in probiotic strain development and formulation are further enhancing product efficacy and market acceptance. These combined factors create a positive outlook for sustained market growth.
Long-Term Growth Catalysts in South America Feed Probiotics Market
Long-term growth will be propelled by continuous innovation in probiotic strain development, leading to enhanced efficacy and broader applications. Strategic partnerships between probiotic producers and feed manufacturers will facilitate wider market penetration. Expansion into new markets within South America and the exploration of new applications in aquaculture and other animal production sectors offer significant growth potential.
Emerging Opportunities in South America Feed Probiotics Market
Growing demand for functional foods derived from animals raised with probiotics presents an exciting opportunity. The development of customized probiotic solutions tailored for specific animal breeds and production systems will open new market segments. The integration of probiotics into precision livestock farming technologies enhances their efficacy and creates new avenues for data-driven decision-making.
Leading Players in the South America Feed Probiotics Market Sector
- Biomin GmbH
- Novozymes
- Lallemand Animal Nutrition
- Novus International Inc
- CHR Hansen A/S
- DuPont Inc
- Cargill Inc
- DSM Animal Nutrition and Health
Key Milestones in South America Feed Probiotics Market Industry
- 2020: Launch of a new Lactobacilli strain by Biomin GmbH, specifically for poultry.
- 2022: Acquisition of a smaller probiotic producer by Cargill Inc, expanding its product portfolio.
- 2023: Introduction of a novel probiotic formulation by Novozymes, enhancing gut health in swine.
- 2024: Approval of a new probiotic by a regulatory body in Brazil, increasing market access.
Strategic Outlook for South America Feed Probiotics Market Market
The South America feed probiotics market is poised for significant growth over the next decade, driven by a confluence of factors including increasing consumer demand for sustainably produced animal products, rising awareness of antibiotic resistance, and technological advancements in probiotic development. Strategic opportunities exist for companies to invest in research and development, expand their product portfolios, and build strong partnerships with feed manufacturers to capitalize on this expanding market. Focusing on specific animal segments, particularly poultry and swine, and regional markets, like Brazil, will be key to achieving success.
South America Feed Probiotics Market Segmentation
-
1. Type
- 1.1. Lactobacilli
- 1.2. Bifidobacteria
- 1.3. Others
-
2. Animal Type
- 2.1. Ruminant
- 2.2. Poultry
- 2.3. Swine
- 2.4. Aquaculture
- 2.5. Others
-
3. Geography
- 3.1. Brazil
- 3.2. Peru
- 3.3. Chile
- 3.4. Argentina
- 3.5. Rest of South America
South America Feed Probiotics Market Segmentation By Geography
- 1. Brazil
- 2. Peru
- 3. Chile
- 4. Argentina
- 5. Rest of South America

South America Feed Probiotics Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.60% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increased Pet Humanization; Growing Trend of E-commerce
- 3.3. Market Restrains
- 3.3.1. Rising Cost of Raw Material Production; Growing Concern Over Environment and Pet Health
- 3.4. Market Trends
- 3.4.1. Growth in Consumption of Animal-based products
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Lactobacilli
- 5.1.2. Bifidobacteria
- 5.1.3. Others
- 5.2. Market Analysis, Insights and Forecast - by Animal Type
- 5.2.1. Ruminant
- 5.2.2. Poultry
- 5.2.3. Swine
- 5.2.4. Aquaculture
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast - by Geography
- 5.3.1. Brazil
- 5.3.2. Peru
- 5.3.3. Chile
- 5.3.4. Argentina
- 5.3.5. Rest of South America
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Brazil
- 5.4.2. Peru
- 5.4.3. Chile
- 5.4.4. Argentina
- 5.4.5. Rest of South America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Brazil South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Lactobacilli
- 6.1.2. Bifidobacteria
- 6.1.3. Others
- 6.2. Market Analysis, Insights and Forecast - by Animal Type
- 6.2.1. Ruminant
- 6.2.2. Poultry
- 6.2.3. Swine
- 6.2.4. Aquaculture
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast - by Geography
- 6.3.1. Brazil
- 6.3.2. Peru
- 6.3.3. Chile
- 6.3.4. Argentina
- 6.3.5. Rest of South America
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. Peru South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Lactobacilli
- 7.1.2. Bifidobacteria
- 7.1.3. Others
- 7.2. Market Analysis, Insights and Forecast - by Animal Type
- 7.2.1. Ruminant
- 7.2.2. Poultry
- 7.2.3. Swine
- 7.2.4. Aquaculture
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast - by Geography
- 7.3.1. Brazil
- 7.3.2. Peru
- 7.3.3. Chile
- 7.3.4. Argentina
- 7.3.5. Rest of South America
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Chile South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Lactobacilli
- 8.1.2. Bifidobacteria
- 8.1.3. Others
- 8.2. Market Analysis, Insights and Forecast - by Animal Type
- 8.2.1. Ruminant
- 8.2.2. Poultry
- 8.2.3. Swine
- 8.2.4. Aquaculture
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast - by Geography
- 8.3.1. Brazil
- 8.3.2. Peru
- 8.3.3. Chile
- 8.3.4. Argentina
- 8.3.5. Rest of South America
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Argentina South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Lactobacilli
- 9.1.2. Bifidobacteria
- 9.1.3. Others
- 9.2. Market Analysis, Insights and Forecast - by Animal Type
- 9.2.1. Ruminant
- 9.2.2. Poultry
- 9.2.3. Swine
- 9.2.4. Aquaculture
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast - by Geography
- 9.3.1. Brazil
- 9.3.2. Peru
- 9.3.3. Chile
- 9.3.4. Argentina
- 9.3.5. Rest of South America
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Rest of South America South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Lactobacilli
- 10.1.2. Bifidobacteria
- 10.1.3. Others
- 10.2. Market Analysis, Insights and Forecast - by Animal Type
- 10.2.1. Ruminant
- 10.2.2. Poultry
- 10.2.3. Swine
- 10.2.4. Aquaculture
- 10.2.5. Others
- 10.3. Market Analysis, Insights and Forecast - by Geography
- 10.3.1. Brazil
- 10.3.2. Peru
- 10.3.3. Chile
- 10.3.4. Argentina
- 10.3.5. Rest of South America
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Brazil South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 12. Argentina South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 13. Rest of South America South America Feed Probiotics Market Analysis, Insights and Forecast, 2019-2031
- 14. Competitive Analysis
- 14.1. Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 Biomin GmbH
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Novozymes
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Lallemand Animal Nutritio
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Novus International Inc
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 CHR Hansen A/S
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 DuPont Inc
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Cargill Inc
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 DSM Animal Nutrition and Health
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.1 Biomin GmbH
List of Figures
- Figure 1: South America Feed Probiotics Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: South America Feed Probiotics Market Share (%) by Company 2024
List of Tables
- Table 1: South America Feed Probiotics Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: South America Feed Probiotics Market Revenue Million Forecast, by Type 2019 & 2032
- Table 3: South America Feed Probiotics Market Revenue Million Forecast, by Animal Type 2019 & 2032
- Table 4: South America Feed Probiotics Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 5: South America Feed Probiotics Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: South America Feed Probiotics Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: Brazil South America Feed Probiotics Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Argentina South America Feed Probiotics Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Rest of South America South America Feed Probiotics Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: South America Feed Probiotics Market Revenue Million Forecast, by Type 2019 & 2032
- Table 11: South America Feed Probiotics Market Revenue Million Forecast, by Animal Type 2019 & 2032
- Table 12: South America Feed Probiotics Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 13: South America Feed Probiotics Market Revenue Million Forecast, by Country 2019 & 2032
- Table 14: South America Feed Probiotics Market Revenue Million Forecast, by Type 2019 & 2032
- Table 15: South America Feed Probiotics Market Revenue Million Forecast, by Animal Type 2019 & 2032
- Table 16: South America Feed Probiotics Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 17: South America Feed Probiotics Market Revenue Million Forecast, by Country 2019 & 2032
- Table 18: South America Feed Probiotics Market Revenue Million Forecast, by Type 2019 & 2032
- Table 19: South America Feed Probiotics Market Revenue Million Forecast, by Animal Type 2019 & 2032
- Table 20: South America Feed Probiotics Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 21: South America Feed Probiotics Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: South America Feed Probiotics Market Revenue Million Forecast, by Type 2019 & 2032
- Table 23: South America Feed Probiotics Market Revenue Million Forecast, by Animal Type 2019 & 2032
- Table 24: South America Feed Probiotics Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 25: South America Feed Probiotics Market Revenue Million Forecast, by Country 2019 & 2032
- Table 26: South America Feed Probiotics Market Revenue Million Forecast, by Type 2019 & 2032
- Table 27: South America Feed Probiotics Market Revenue Million Forecast, by Animal Type 2019 & 2032
- Table 28: South America Feed Probiotics Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 29: South America Feed Probiotics Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the South America Feed Probiotics Market?
The projected CAGR is approximately 5.60%.
2. Which companies are prominent players in the South America Feed Probiotics Market?
Key companies in the market include Biomin GmbH, Novozymes, Lallemand Animal Nutritio, Novus International Inc, CHR Hansen A/S, DuPont Inc, Cargill Inc, DSM Animal Nutrition and Health.
3. What are the main segments of the South America Feed Probiotics Market?
The market segments include Type, Animal Type, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increased Pet Humanization; Growing Trend of E-commerce.
6. What are the notable trends driving market growth?
Growth in Consumption of Animal-based products.
7. Are there any restraints impacting market growth?
Rising Cost of Raw Material Production; Growing Concern Over Environment and Pet Health.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "South America Feed Probiotics Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the South America Feed Probiotics Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the South America Feed Probiotics Market?
To stay informed about further developments, trends, and reports in the South America Feed Probiotics Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence