The global feed pigments market size valued USD 1056.16 million in 2020 and expected to reach USD 1370.52 million by 2027, at a CAGR of 3.8% during the forecast period 2021-2027. 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.