Feed pigments are commonly used to augment the appearance and nutritive value of animal feed. Among all the feed pigments, carotenoids play the most crucial role and due to its high nutritional profile. Animals are unable to synthesize carotenoids and depend on their diet for these compounds. The increasing awareness of the nutritional profile of catenoids has led to an upsurge in the demand of feed pigment market all over the globe.
MARKET DYNAMICS
The feed pigment market has witnessed a significant growth owing to the health benefits of carotenoids for animals. Moreover, the rising consumption of meat is estimated to boost the feed pigment market in the coming years. Increasing demand from the Asia-Pacific region provides a vast market opportunity for the key players operating in the feed pigment market.
MARKET SCOPE
The "Global Feed Pigment Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feed pigment market with detailed market segmentation by type, caretenoids source, livestock, and geography. The global feed pigment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Feed pigment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed pigment market is segmented on the basis of typ, carotenoids source, and livestock. On the basis of type, the feed pigment market is segmented into carotenoids, curcumin, caramel, spirulina, and others. On the basis of caretenoids source, the global feed pigment market is segmented into natural feed pigment and synthetic feed pigments. On the basis of livestock, the global feed pigment is segmented into swine, poultry, ruminants, aquatic animals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Feed pigment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Feed pigment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Feed pigment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Feed pigment market in these regions.
MARKET PLAYERS
The reports cover key developments in the Feed pigment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Feed pigment market are anticipated to lucrative growth opportunities in the future with the rising demand for Feed pigment in the global market. Below mentioned is the list of few companies engaged in the Feed pigment market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Feed pigment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Behn Meyer Group
- Guangzhou Leader Bio-Technology Co., Ltd
- Innovad
- Kemin Industries Inc.
- Merck KGaA
- Novus International, Inc.
- NUTREX.BE
- Royal DSM N.V.
- Vitafor NV
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