Feed Pigments Market

Feed Pigments Market: Overview

Feed pigments are the natural or synthetic carotenoids used in feed products and majorly extracted from vegetable sources, stabilized and mixed with the suitable carrier to enhance the standardized pigment activity.

The global feed pigments market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to the fact that feed pigments enhanced the palatability of meat products & feeds, effective pigmenter and expansion of the food industry.

Moreover, acceptance of astaxanthin feed pigment among feed manufacturers, feed pigments function as hormone precursors and colorants antioxidants to prevent from various diseases among animals and improve animal health are some of the major factors estimated to drive the revenue growth of the global feed pigment markets.

Based on pigment type, carotenoids are anticipated to grow at the fastest CAGR over the forecast period attributed to widely available in nature, along with carotenoids are commonly found in fishes with colors such as lutein, beta-carotene, tuna xanthin and much more.

Moreover, lutein, carotenoids sub-segment is the most common pigment in feed ingredients such as corn gluten meal, yellow corn, alfalfa meal which in turn accelerates the growth of the global feed pigments market during the forecast period.

Feed Pigments Market: Drivers and Restraints

The global feed pigments market is witnessing maximum growth owing to enhance the appearance, quality of meat related products, used in the poultry feeds to improve egg yolk and broiler skin pigmentation and make livestock healthy. Moreover, high-quality feed pigments help in refining the commercial value of animal products and increasing consumption of meat are some of the factors that can boost the demand for feed pigments over the forecast period and drives the global feed pigments market.

However, the high cost of synthetic pigments, rising manufacturing cost, and availability of seasonal feed pigments such as marigold are some of the factors which may hamper the growth of the global feed pigments market in near future. 

Feed Pigments Market: Segmentation

Based on pigment type	Curcumin Caramel Carotenoids Lutein Beta-Carotene Canthaxantin Astaxanthin Lycopene Zeaxanthin Spirulina Others
Based on livestock	Aquatic Animals Cattle Poultry Swine Others
Based on sources	Synthetic Pigments Natural Pigments

Feed Pigments Market: Region-wise Outlook

Depending on geographic region, the global feed pigments market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia Pacific (APEJ), and Middle East & Africa (MEA). North America dominates the global feed pigments market followed by Europe andJapan  owing to the presence of research and development facilities, high awareness about benefits of feed additives in livestock nutrition, and high acceptance of feed pigments among farmers.

Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of rising consumption of meat products, growing awareness about poultry and the aquaculture business sector, consumers concern over health, safety and increasing demand for nutritive feeds along with processed animal products are some of the factors which strengthens the growth of the global feed pigments market throughout the forecast period.

Feed Pigments Market: Key Players

Some players of the global feed pigments market are as follows:

• Nutreco Holdings
• Cargill Incorporated
• Bio-Technology Co., Ltd.
• D. Williamson & Co., Inc.
• Royal DSM N. V.
• BASF SE
• Kemin Industries, Inc.
• Novus International, Inc.
• Kalsec Inc.
• Vitafor NV
• PHW Group
• Behn Meyer Group. 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain 

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina)
• Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
• Eastern Europe (Russia, Poland)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa) 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint. 

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