What is Feed Pigments Market Scope?
Feed with essential ingredients is mainly provided to the animals to improve their health, immunity, and their fitness. These feed pigments are mainly used to cover the bitter taste of essential ingredients and they provide distinct colour to feed which also able to release auxiliary sensation which is mainly responsible for impacting the feed intake capacity of animal in a positive manner. The increased feed intake capacity of animal help them to strengthen their immune and reproduction systems which also enhance metabolism. Thus, animal holders are more prone to using feed pigments for their feed. Further, feed pigments are used for pigmenting milk, egg, and meat. Thus, increasing demand for meat products and inclination towards the application of animal proteins are providing growth opportunities to the feed pigments market.
The Feed Pigments market study is being classified by Type (Carotenoids, Riboflavin, Caramel, Curcumin, Spirulina and Other Feed Pigments), by Application (Ruminants, Swine, Aquatic Animals, Equines, Poultry and Other) and major geographies with country level break-up.
There are various companies are operating in this industry and heavily conducting research on the characteristics of feed pigments. There are various market players are entering this industry to capture market growth opportunities. The market leaders are investing in organic and non-organic strategic growth initiatives to become dominant in this industry. Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Feed Pigments market throughout the predicted period.
BASF SE ( Germany), Kemin Industries (United States), Royal DSM N.V. (Netherlands), PHW Group (Germany), Cargill (United States), D.D. Williamson & Co., Inc. (United States), Nutreco (Netherlands), Kalsec (United States), Behn Meyer Group (United States), Innovate AD NV/SA (Belgium) and Vitafor NV (Belgium) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Synthite Industries Ltd (India) and Guangzhou Leader Bio-Technology Co.Ltd (China).
Analyst at AMA have segmented the market study of Global Feed Pigments market by Type, Application and Region.
On the basis of geography, the market of Feed Pigments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In the year 2021, EW Nutrition, a global provider of animal nutrition solutions has acquired the Feed Quality and Pigments business of Novus International, Inc. Owing to this acquisition, EW Nutrition will provide feed ingredients and feed pigments such as Santoquin, SURF ACE, and Agrado. The acquisition will provide ownership of the production facility in Constantin, Spain to EW Nutrition.
Influencing Market Trend
- Preference towards Pallet Feed
- Growing Awareness Regarding Animal Health
- Rising Consumer Inclination towards Healthy Food (Animal Protein)
- Nutritional Benefits Associated with Pigments
- Rising Industrialisation for Poultry, Pork and Aquaculture Business
- Rising Demand from Emerging Economies Such as India, China, Brazil, and Others
- Increasing Consumption of Animal-Based Products (Meat, Egg, Milk)
- Strengthen Government Regulations
- Side Effects Associated With Artificial Pigments
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Feed pigments Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research & Media features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.