Feed Pigments Market Worldwide Industry Analysis, Future Demand and Forecast till 2031
Global feed pigments market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for meat products. As consumers become more conscious about the quality and nutritional value of the meat they consume, there's a growing preference for naturally colored meat products. Feed pigments are used to enhance the color of animal products such as poultry, fish, and pork, making them more appealing to consumers. Additionally, the rising awareness regarding the health benefits of natural pigments, such as carotenoids and anthocyanins, is driving the market growth as well.
In September 2022, DSM completed
the acquisition of Prodap, a prominent Brazilian company specializing in animal
nutrition and technology. Through this strategic move, DSM aims to integrate
Prodap's technology solutions, consulting services, and specialized nutritional
offerings into its portfolio. By combining these strengths, the company seeks
to enhance animal farming efficiency and promote sustainability practices
within the industry.
In July 2022, Impextraco
undertook an expansion initiative at its facility in Mexico, geared towards
optimizing product storage capacities and fostering new business prospects.
This expansion effort reflects Impextraco's commitment to meeting the growing
demand for its products in the Mexican market. Moreover, it underscores the
company's strategic objective of bolstering the presence of the Impextraco
brand and reinforcing its position as a key player in the region's animal
nutrition sector.
To Request a Sample of our Report on Feed Pigments Market: https://www.omrglobal.com/request-sample/feed-pigments-market
•
The market number available for – 2023-2031
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Base year- 2023
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Forecast period- 2024-2031
Segment
Covered-
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By Source
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By Livestock
Regions Covered-
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North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive Landscape- BASF SE, EW
Nutrition, Impextraco NV, Innovad®, and others.
Feed Pigments Market Report Segment
By Type
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Carotenoids
•
Curcumin
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Spirulina
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Others (Lutein, Astaxanthin, Anthocyanins)
By Source
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Synthetic
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Natural
By Livestock
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Swine
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Poultry
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Ruminants
•
Aquatic Animals
A full
Report of Feed Pigments Market is Available @ https://www.omrglobal.com/industry-reports/feed-pigments-market
Feed Pigments Market Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of
Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
• Latin America
• Middle East and
Africa
Company Profiles
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BASF SE
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DSM-Firmenich AG
•
EW Nutrition
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Guangzhou Leader Bio-Technology Co.Ltd.
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Impextraco NV
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Innovad®
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Kemin Industries, Inc.
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Larvicides MarKalsec Inc.
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Nutrex
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Synthite Industries Ltd.
•
Vitafor NV
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