Press release
Feed Pigment Market Size, Share, Development, Growth and Demand Forecast to 2025
Feed Pigment Market
Feed pigment market is estimated to grow at a CAGR of 3.6% from 2017 to 2025. Pigment provides particular color to a tissue. Feed pigments are derived from natural and artificial sources. Synthetic feed is made from artificial pigment source.
Global feed pigment market is segmented on the basis of type, carotenoids source, livestock type, and geography. On basis of type the market is divided into carotenoids, curcumin, caramel, spirulina, and others. Based on carotenoids source the market is classified into natural & synthetic source. Based on livestock type the market is bifurcated into swine, cattle, poultry, aquatic and other animals. By geography, it is studied across North America, Europe, Asia pacific, and LAMEA.
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Market dynamics
Drivers
Increase in demand for strong and nutritious meat
Rise in consumer awareness and disposable income.
Growth in inclination toward healthier and strong livestock for better production.
Awareness about feed pigments nutritional value and palatability.
Restraint
High manufacturing cost for the processing of synthetic pigments.
Market players
The top players in this market include BASF SE, Royal DSM N.V., Kemin Industries Inc., Novus International, Inc., Guangzhou Leader Bio-Technology Co., Ltd, D.D. Williamson & Co., Inc., Nutrex NV, Behn Meyer Group, Vitafor NV, and Innovad AD NV/SA.
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Market Landscape
By Feed Pigment
Carotenoids
Curcumin
Caramel
Spirulina
By Carotenoids Source
Natural
Synthetic
By Livestock type
Swine
Cattle
Poultry
Aquatic animals
Other animals
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
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