Feed Pigment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Type (Carotenoids, Curcumin, Caramel, Spirulina, Others), By Carotenoids Source (Natural Feed Pigment, Synthetic Feed Pigment), By Livestock (Swine, Poultry, Ruminants, Aquatic Animals, Others), By Region, and Competition 2018-2028

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format

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Feed Pigment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Type (Carotenoids, Curcumin, Caramel, Spirulina, Others), By Carotenoids Source (Natural Feed Pigment, Synthetic Feed Pigment), By Livestock (Swine, Poultry, Ruminants, Aquatic Animals, Others), By Region, and Competition 2018-2028

livestock sustain about 1.3 billion people's livelihoods, as well as their ability to eat and be well nourished. Livestock contributes 40% of the value of the world's agricultural output.

Increasing awareness regarding food safety

According to the Global Report on Food Crisis 2022 Mid-year Update, up to 205 million people in 45 countries are anticipated to experience severe food insecurity and require immediate assistance.

Rising consumption for meat and other animal-based food products.


MIR Segment1

According to U.S. Department of Agriculture, in the United States, there were 68.1 pounds of chicken found at per person in 2021 (on a boneless, edible basis), as opposed to 56.2 pounds of beef.

Recent Developments

  • In February 2020, The Kazakhstan Sustainable Livestock Development Program was approved and has elevated environmental goals to create a sustainable beef industry and help the country's economy diversify away from its reliance on oil and mineral resources. The programmes seek to boost beef output while reducing GHG emissions completely.
  • In February 2022, from an average of 150 million USD in yearly financing commitments at the beginning of the decade to roughly 700 million USD in new lending per year in the previous three years, requests for World Bank assistance for surging livestock operations . South Asia, Central Asia, and Africa have seen most of the growth. Livestock investments made by the World Bank are currently operational and worth 1900 million USD.
  • In Feb-2023, Texas A&M College of Agriculture and Life Sciences Department of Animal Science receives 5 million USD from US Department of Agriculture–Agriculture and Food Research Initiative grant and discovered that there is no need of incorporating nitrite to cure meat.
  • In June 2020, Elanco announces its acquisition of Animal Health (a division of Bayer HealthCare) for 7600 million USD for expanding its business in pets and livestock medicines.

Market Segmentation

Global Feed Pigment Market

Market Players

BASF SE, Novus International, Inc., Bio-Technology Co., Ltd., Cargill Incorporated, Guangzhou Leader Bio-Technology Co., Ltd., D. Williamson & Co., Inc., Innovad AD NV/SA, Kalsec Inc., Kemin Industries, Inc., Nutreco Holdings, Nutrex NV, Royal DSM NV, PHW Group, Vitafor NV are some of the key players of Global Feed Pigment Market.

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Type

Carotenoids Source

Livestock

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Thailand, Brazil, Argentina, South Africa, Saudi Arabia, UAE

Key companies profiled

BASF SE, Novus International, Inc., Bio-Technology Co., Ltd., Cargill Incorporated, Guangzhou Leader Bio-Technology Co., Ltd., D. Williamson & Co., Inc., Innovad AD NV/SA, Kalsec Inc., Kemin Industries, Inc., Nutreco Holdings, Nutrex NV, Royal DSM NV, PHW Group, Vitafor NV

Customization scope

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PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Table of Content

Table of Contents

List Tables Figures

List of Tables and Figures

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