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: February - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Agriculture | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFeed 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
Feed Pigments Market Size was valued at USD 1.5 Billion in 2023. The Feed Pigments market industry is projected to grow from USD 1.6 Billion in 2024 to USD 2.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.67% during the forecast period (2024 - 2032).
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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.
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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.
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Attribute |
Details |
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Base Year |
2022 |
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Historic Data |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
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Report coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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Segments covered |
Type Carotenoids Source Livestock |
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Regional scope |
North America, Europe, Asia Pacific, South America, Middle East & Africa |
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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 |
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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 |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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