Feed Pigment Market - Forecast(2023 - 2028)

Report Code: AGR 97988 Report Format: PDF + Excel
Feed Pigment Market Overview
Feed Pigment Market size is estimated to reach $1,251.2 million by 2025 and is poised to grow at a CAGR of 3.2% during the forecast period 2020-2025. Feed pigments play an important role in improving the feed additives and properties of the feed. Feed pigments benefits the animals by strengthening the immune and reproductive systems and enhancing the metabolism levels. They also act as antioxidants to cure many diseases in animals and making them healthy. Feed pigment market is poised to grow at highest CAGR over the forecast period (2020-2025) owing to increasing demand for meat, rising health awareness among consumers.

Feed Pigment Market Report Coverage
The report: “Feed Pigment Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Feed Pigment Market.
 
By Type: Carotenoids, Caramel, Curcumin, Spirulina, Riboflavin and Others.
By Livestock: Ruminants, Swine, Poultry, Aquaculture and Others.
By Carotenoids Source: Natural and Synthetic.
By Geography: North America, Asia-Pacific, Europe, and Rest of the World

Key Takeaways
  • Geographically, the Asia Pacific area is poised to see extraordinary development over the forecast period (2020-2025) owing to growing demand for meat, increasing preference towards pellets feed.
  • The major driver for the Feed Pigment market is growing inclination for healthier livestock with rising growth of meat industry and other nutritional values.
  • Regulatory regulations limit industry vendors and thereby slow down feed production. On the other hand, maintenance and manufacturing costs for the synthetic pigment processing are the main factors preventing the growth of the market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market is provided in the Feed Pigment Market report.

By Type- Segment Analysis
The global Feed Pigment market based on the Type has Carotenoids, Caramel, Curcumin, Spirulina, Riboflavin and Others. Carotenoids are projected to rapidly increase at a CAGR of 3% during the forecast period 2020-2025 owing to preventing oxidation mechanisms, enhancing immune systems of the animals. Moreover, Lutein, Carotenoids sub-segment is the most common pigment in the feed ingredients which accelerates the growth of the global feed pigment market over the forecast period (2020-2025). 

By Livestock – Segment Analysis
The global Feed Pigment market based on the Livestock has cattle, poultry, aquaculture swine, and pet foods. Swine registered high revenue in the year 2019 and is poised to grow for the forecast period (2020-2025). The swine feed is projected to have a major market share during the period of pork production growth. The aquaculture is set to grow with the highest CAGR during the forecast period 2020-2025 owing to demand for sea food as more people are becoming aware of the health benefits of seafood. 

By Geography - Segment Analysis
In 2019, Asia Pacific holds major share of 38% of the overall market share. This is owing to increasing demand for meat and Industrialization. Increasing demand among consumers for pigments in the food industry is contributing to increase in North American feed pigment production capacity over the forecast period (2020-2025). With increase in innovative technologies to increase production capacity and reduce cost, the market is poised to grow at the highest CAGR over the forecast period (2020-2025). 

Drivers – Feed Pigment Market 
  • Rise in Demand for Meat products 
The Compound Feed market is poised to grow owing to increasing demand for meat products. Increasing use of animal-based food worldwide is projected to fuel demand over the forecast period. In addition, feed pigments increase palatability, organoleptic consequences increase nutritional benefits, and provide other health benefits. With the rise in meat consumption worldwide, the industry is set to meet a huge demand for good quality meat. Demand for dairy products is another factor that is projected to contribute to the growth of the industry. 

Challenges – Feed Pigment Market
  • Rise in raw materials prices
Increasing raw material prices and stringent regulations, especially in developed markets and the availability of cheap alternatives is another factor that hinders global market growth over the forecast period (2020-2025). On the other hand, maintenance and manufacturing costs for the synthetic pigment processing are the main factors preventing the growth of the market.

Feed Pigment Market Industry outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Feed Pigment Market. Key companies of this market include BASF Se, D.D Williamson & Co., Inc. (DDW), Guangzhou Leader Bio-Technology Co., Ltd, Innovad AD NV, Kalsec Inc., Kemin Industries Inc. Novus International, Inc., Nutrex NV, PHW Group, Royal DSM N.V, Synthite Industry Ltd, Vitafor NV and Others.

Acquisitions/Product Launches:
  • In June 2020, BASF SE entered partnership to support rice farmers in China.
  • In March 2019, Kemin Industries Inc. launched Organic KEM GLO for North American egg producers.
1. Feed Pigment Market - Overview
    1.1 Definitions and Scope
2. Feed Pigment Market - Executive Summary
    2.1 Market Revenue and Key Trends 
    2.2 Key trends by Type 
    2.3 Key trends by Livestock 
    2.4 Key trends by Carotenoids Source
    2.5 Key trends by Geography
3. Feed Pigment Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies 
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Feed Pigment Market - Startup Companies Scenario (Premium)
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Feed Pigment Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Feed Pigment Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Feed Pigment Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Feed Pigment Market – By Type (Market Size –$Million/$Billion)
    8.1 Carotenoids
        8.1.1 a-carotene
        8.1.2 Lutein
        8.1.3 Lycopene
        8.1.4 Astaxanthin
        8.1.5 Zeaxanthin
        8.1.6 Canthaxanthin
        8.1.7 Others
    8.2 Curcumin
    8.3 Caramel
    8.4 Spirulina
    8.5 Riboflavin
    8.6 Others
9. Feed Pigment Market – By Livestock (Market Size –$Million/$Billion)
    9.1 Ruminants
    9.2 Swine
    9.3 Poultry
    9.4 Aquaculture
    9.5 Others
10. Feed Pigment Market – By Carotenoids Source (Market Size –$Million/$Billion)
    10.1 Natural
    10.2 Synthetic
11. Feed Pigment Market - By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Feed Pigment Market - Entropy
13. Feed Pigment Market – Industry/Segment Competition Landscape   (Premium) 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Feed Pigment Market – Key Company List by Country Premium (Premium)
15. Feed Pigment Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Feed Pigments Market By Type Market 2019-2024 ($M)
1.1 Carotenoids Market 2019-2024 ($M) - Global Industry Research
1.1.1 Beta-Carotene Market 2019-2024 ($M)
1.1.2 Lutein Market 2019-2024 ($M)
1.1.3 Lycopene Market 2019-2024 ($M)
1.1.4 Astaxanthin Market 2019-2024 ($M)
1.1.5 Zeaxanthin Market 2019-2024 ($M)
1.1.6 Canthaxanthin Market 2019-2024 ($M)
1.2 Curcumin Market 2019-2024 ($M) - Global Industry Research
1.3 Caramel Market 2019-2024 ($M) - Global Industry Research
1.4 Spirulina Market 2019-2024 ($M) - Global Industry Research
2.Global Feed Pigments Market By Carotenoids Source Market 2019-2024 ($M)
2.1 Natural Feed Pigments Market 2019-2024 ($M) - Global Industry Research
2.2 Synthetic Feed Pigments Market 2019-2024 ($M) - Global Industry Research
3.Global Feed Pigments Market By Type Market 2019-2024 (Volume/Units)
3.1 Carotenoids Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Beta-Carotene Market 2019-2024 (Volume/Units)
3.1.2 Lutein Market 2019-2024 (Volume/Units)
3.1.3 Lycopene Market 2019-2024 (Volume/Units)
3.1.4 Astaxanthin Market 2019-2024 (Volume/Units)
3.1.5 Zeaxanthin Market 2019-2024 (Volume/Units)
3.1.6 Canthaxanthin Market 2019-2024 (Volume/Units)
3.2 Curcumin Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Caramel Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Spirulina Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Feed Pigments Market By Carotenoids Source Market 2019-2024 (Volume/Units)
4.1 Natural Feed Pigments Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Synthetic Feed Pigments Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Feed Pigments Market By Type Market 2019-2024 ($M)
5.1 Carotenoids Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Beta-Carotene Market 2019-2024 ($M)
5.1.2 Lutein Market 2019-2024 ($M)
5.1.3 Lycopene Market 2019-2024 ($M)
5.1.4 Astaxanthin Market 2019-2024 ($M)
5.1.5 Zeaxanthin Market 2019-2024 ($M)
5.1.6 Canthaxanthin Market 2019-2024 ($M)
5.2 Curcumin Market 2019-2024 ($M) - Regional Industry Research
5.3 Caramel Market 2019-2024 ($M) - Regional Industry Research
5.4 Spirulina Market 2019-2024 ($M) - Regional Industry Research
6.North America Feed Pigments Market By Carotenoids Source Market 2019-2024 ($M)
6.1 Natural Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
6.2 Synthetic Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
7.South America Feed Pigments Market By Type Market 2019-2024 ($M)
7.1 Carotenoids Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Beta-Carotene Market 2019-2024 ($M)
7.1.2 Lutein Market 2019-2024 ($M)
7.1.3 Lycopene Market 2019-2024 ($M)
7.1.4 Astaxanthin Market 2019-2024 ($M)
7.1.5 Zeaxanthin Market 2019-2024 ($M)
7.1.6 Canthaxanthin Market 2019-2024 ($M)
7.2 Curcumin Market 2019-2024 ($M) - Regional Industry Research
7.3 Caramel Market 2019-2024 ($M) - Regional Industry Research
7.4 Spirulina Market 2019-2024 ($M) - Regional Industry Research
8.South America Feed Pigments Market By Carotenoids Source Market 2019-2024 ($M)
8.1 Natural Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
8.2 Synthetic Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
9.Europe Feed Pigments Market By Type Market 2019-2024 ($M)
9.1 Carotenoids Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Beta-Carotene Market 2019-2024 ($M)
9.1.2 Lutein Market 2019-2024 ($M)
9.1.3 Lycopene Market 2019-2024 ($M)
9.1.4 Astaxanthin Market 2019-2024 ($M)
9.1.5 Zeaxanthin Market 2019-2024 ($M)
9.1.6 Canthaxanthin Market 2019-2024 ($M)
9.2 Curcumin Market 2019-2024 ($M) - Regional Industry Research
9.3 Caramel Market 2019-2024 ($M) - Regional Industry Research
9.4 Spirulina Market 2019-2024 ($M) - Regional Industry Research
10.Europe Feed Pigments Market By Carotenoids Source Market 2019-2024 ($M)
10.1 Natural Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
10.2 Synthetic Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
11.APAC Feed Pigments Market By Type Market 2019-2024 ($M)
11.1 Carotenoids Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Beta-Carotene Market 2019-2024 ($M)
11.1.2 Lutein Market 2019-2024 ($M)
11.1.3 Lycopene Market 2019-2024 ($M)
11.1.4 Astaxanthin Market 2019-2024 ($M)
11.1.5 Zeaxanthin Market 2019-2024 ($M)
11.1.6 Canthaxanthin Market 2019-2024 ($M)
11.2 Curcumin Market 2019-2024 ($M) - Regional Industry Research
11.3 Caramel Market 2019-2024 ($M) - Regional Industry Research
11.4 Spirulina Market 2019-2024 ($M) - Regional Industry Research
12.APAC Feed Pigments Market By Carotenoids Source Market 2019-2024 ($M)
12.1 Natural Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
12.2 Synthetic Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
13.MENA Feed Pigments Market By Type Market 2019-2024 ($M)
13.1 Carotenoids Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Beta-Carotene Market 2019-2024 ($M)
13.1.2 Lutein Market 2019-2024 ($M)
13.1.3 Lycopene Market 2019-2024 ($M)
13.1.4 Astaxanthin Market 2019-2024 ($M)
13.1.5 Zeaxanthin Market 2019-2024 ($M)
13.1.6 Canthaxanthin Market 2019-2024 ($M)
13.2 Curcumin Market 2019-2024 ($M) - Regional Industry Research
13.3 Caramel Market 2019-2024 ($M) - Regional Industry Research
13.4 Spirulina Market 2019-2024 ($M) - Regional Industry Research
14.MENA Feed Pigments Market By Carotenoids Source Market 2019-2024 ($M)
14.1 Natural Feed Pigments Market 2019-2024 ($M) - Regional Industry Research
14.2 Synthetic Feed Pigments Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Feed Pigment Market Revenue, 2019-2024 ($M)
2.Canada Feed Pigment Market Revenue, 2019-2024 ($M)
3.Mexico Feed Pigment Market Revenue, 2019-2024 ($M)
4.Brazil Feed Pigment Market Revenue, 2019-2024 ($M)
5.Argentina Feed Pigment Market Revenue, 2019-2024 ($M)
6.Peru Feed Pigment Market Revenue, 2019-2024 ($M)
7.Colombia Feed Pigment Market Revenue, 2019-2024 ($M)
8.Chile Feed Pigment Market Revenue, 2019-2024 ($M)
9.Rest of South America Feed Pigment Market Revenue, 2019-2024 ($M)
10.UK Feed Pigment Market Revenue, 2019-2024 ($M)
11.Germany Feed Pigment Market Revenue, 2019-2024 ($M)
12.France Feed Pigment Market Revenue, 2019-2024 ($M)
13.Italy Feed Pigment Market Revenue, 2019-2024 ($M)
14.Spain Feed Pigment Market Revenue, 2019-2024 ($M)
15.Rest of Europe Feed Pigment Market Revenue, 2019-2024 ($M)
16.China Feed Pigment Market Revenue, 2019-2024 ($M)
17.India Feed Pigment Market Revenue, 2019-2024 ($M)
18.Japan Feed Pigment Market Revenue, 2019-2024 ($M)
19.South Korea Feed Pigment Market Revenue, 2019-2024 ($M)
20.South Africa Feed Pigment Market Revenue, 2019-2024 ($M)
21.North America Feed Pigment By Application
22.South America Feed Pigment By Application
23.Europe Feed Pigment By Application
24.APAC Feed Pigment By Application
25.MENA Feed Pigment By Application
26.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Royal DSM N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Kemin Industries Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Nutrex NV, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Behn Meyer Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Vitafor NV, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Innovad AD NV/SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)