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Feed Carotenoids Market is expected to grow at a CAGR of 3.2% during the forecast period 2022 to 2028. Carotenoids are the natural pigments that are available in algae, plants and few types of microorganisms. These are considered as the powerful antioxidant and rich source of vitamin A. Beta-carotene, zeaxanthin, lycopene, canthaxanthin is different types of carotenoids. These have the immune system and anti-inflammatory benefits, sometimes helps in heart disease prevention. Carotenoids are the vital factors in human and animal health and very important for proper vision. Hence, intake of carotenoids in optimum quantities is essential for the prevention of deficiency-related diseases development. Carotenoids are used in large scale for animal feed due to high nutritive value and pigmentation, which enhances the appearance of the meat, meat products, and fish, among others along with palatability. Due to growing concern of health consciousness and significance of quality meat is playing a vital role in feed carotenoid market. Carotenoids have rich nutritious properties that enable prevent cataract, diabetes, cancer, etc. They contain a colour pigment called as carotene that imparts orange, red and yellow colours to the animals and plants. The colouring of the products plays the major role in estimating the commercial value of that product. Increase in the usage of carotenoids is expected to foster the feed carotenoids market over the forecast period. Carotenoids’ diverse biological features have led to an increase in its use as an aquaculture feed supplement. Carotenoids are widely utilised in salmon, trout, and red porgy feed, as well as shellfish such as shrimp and lobster. Carotenoids are critical during the larval stage of aquaculture species, and fish larvae raised on live feeds containing carotenoids have a significantly higher survival rate. According to estimates, cultured aquaculture will account for over 20% of world fish and other aquaculture consumption by the end of 2021, compared to wild collecting.
