- Carotenoids
- Lycopene
- Lutein
- Zeaxanthin
- Astaxanthin
- Beta-carotene
- Caramel
- Curcumin
- Spirulina
- Others
Feed Pigments Market size valued USD 1056.16 million in 2022 and is poised to grow at a CAGR of 3.8% from 2023-2029. Feed pigments are added to animal feed to enhance the palatability, colour, form, and increase the commercial values of meat derivatives. Feed pigments also act as anti-oxidants and make the animal healthy by curing various diseases. Feed pigments are classified into natural feed pigments and synthetic feed pigments. The most commonly used feed pigments include carotenoids, caramel, spirulina, and curcumin. It is growing at a significant CAGR due to increase in the use of feed in the livestock industry. Majority of market players are focusing on the synthesis of newer feed pigments with novel technologies. Increase in the use of feed pigments by meat production industries for improving the organoleptic properties and health benefits are anticipated to fuel the feed pigment market. Moreover, acquisitions and mergers collaborations, product approvals, and product launchings are the strategies followed by the companies for increasing their revenue. For instance, in October 2011, Kalsec Inc. inked an agreement with OmniActive Health Technologies for the production, marketing, and distribution of natural zeaxanthin around the globe. In addition, rapid industrialization of poultry and pork meat production expected to upsurge in the revenue of market over the forecast timeframe.
Global Feed Pigments Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
3.8%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Feed Pigments Market Dynamics
Increase in the demand for healthy & quality meat, a rise in awareness about nutritive food in consumers, upsurge in the disposable income, and rapid industrialization in poultry and pork meat production market are anticipated to fuel the growth of feed pigments market over the forecast period. Moreover, rise in inclination towards strong and healthier livestock for better production, increase in awareness about the feed pigments, and growing prevalence of various animal diseases are expected to boost the feed pigments market over the forecast period. However, the high manufacturing cost for the synthetic feed pigments and stringent regulatory guidelines might restrain the growth of Global feed pigments market over the forecast timeframe.
North America Got Significant Share
Feed Pigments Market Regional Analysis
Geographically,It is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds a significant share in global feed pigment market owing to increase in the synthesis of newer feed pigments, high awareness about the animal health and feed pigments usage, and growing demand for healthy meat are anticipated to fuel the feed pigments market. Europe driven by the increase in the farming of aquatic animals majorly in Norway, Denmark, and Ireland, rise in the demand for healthy meat, raising awareness about the feed pigments benefits, and high disposable income are expected to create the demand for feed pigments in the region. Asia Pacific exhibiting significant growth, owing to rise in population demanding for healthy meat, increase in the number of meat production industries, and increase in disposable income are the factors drive the feed pigments market in the region. Latin America driven by the increase in the farming of aquatic animals in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Feed Pigments Market Segmentation
By Pigment Type
By Source
- Natural feed pigments
- Synthetic feed pigments
By Livestock
- Poultry
- Swine
- Ruminants
- Aquatic animals
- Equine
- Others
Frequently Asked Questions
The feed pigments market is projected to expand at a CAGR of 3.8% during the forecast period
BASF SE, Kemin Industries, Inc, Royal DSM N. V, Novus International, Inc, Synthite Industries Ltd
North America is the fastest-growing region for feed pigments market
| 1. Executive Summary |
| 2. Global Feed Pigments Market Introduction |
| 2.1. Global Feed Pigments Market – Taxonomy |
| 2.2. Global Feed Pigments Market – Definitions |
| 2.2.1. Pigment Type |
| 2.2.2. Source Type |
| 2.2.3. Live Stock |
| 3. Global Feed Pigments Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Feed Pigments Market Dynamic Factors - Impact Analysis |
| 3.6. Global Feed Pigments Market – Regulations |
| 3.6.1. U.S. |
| 3.6.2. Europe |
| 3.7. Global Feed Pigments Market – Trends |
| 4. Global Feed Pigments Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Feed Pigments Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Carotenoids |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Lycopene |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| ... (continue the pattern for other product types) |
| 6. Global Feed Pigments Market Forecast, By Source Type, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Natural Feed Pigments |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Synthetic Feed Pigments |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| ... (continue the pattern for other source types) |
| 7. Global Feed Pigments Market Forecast, By Livestock Type, 2018 - 2022 and Forecast, 2023 - 2029 |
| 7.1. Poultry |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Swine |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| ... (continue the pattern for other livestock types) |
| 8. Global Feed Pigments Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| ... (continue the pattern for other regions) |
| 9. North America Feed Pigments Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Pigment Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Carotenoids |
| 9.1.2. Lycopene |
| ... (continue the pattern for other pigment types) |
| 9.2. Source Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Natural Feed Pigments |
| 9.2.2. Synthetic Feed Pigments |
| ... (continue the pattern for other source types) |
| 9.3. Livestock Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Poultry |
| 9.3.2. Swine |
| ... (continue the pattern for other livestock types) |
| 9.4. Country Analysis 2016 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. US |
| 9.4.2. Canada |
| ... (continue the pattern for other countries) |
| 10. Europe Feed Pigments Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| ... (continue the pattern for Europe as done for North America) |
| 11. Asia-Pacific Feed Pigments Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| ... (continue the pattern for Asia-Pacific as done for North America) |
| 12. Latin America Feed Pigments Market Analysis, 2012 - 2012 - 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| ... (continue the pattern for Latin America as done for North America) |
| 13. Middle East and Africa Feed Pigments Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| ... (continue the pattern for the Middle East and Africa as done for North America) |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. D.D. Williamson & Co., Inc. (DDW) (U.S.) |
| 14.2.2. BASF SE (Germany) |
| ... (continue the pattern for other companies) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- D.D. Williamson & Co., Inc. (DDW) (U.S.)
- BASF SE (Germany)
- Kemin Industries, Inc. (U.S.)
- Royal DSM N. V. (Netherlands)
- Novus International, Inc.(U.S.)
- Synthite Industries Ltd (India)
- Nutrex NV (Belgium)
- Guangzhou Leader Bio-Technology Co., Ltd (China)