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Feed Pigment Market

Global Feed Pigment Market was worth USD 978.24 million in 2016 and is expected to reach USD 1.156 billion by 2021 with a CAGR of 3.4 %.
Feed Pigment Market Projected to Witness a Double-Digit CAGR During 2017-2021
Global Feed Pigment Market was worth USD 978.24 million in 2016 and is expected to reach USD 1.156
billion by 2021 with a CAGR of 3.4 %.Pigment is a compound which provides color to the other
substance. Feed Pigments offer resource to improve the commercial value of meat derivatives by using
enhancing the colour, Form, and palatability of the feed. It also acts as anti-oxidants to treatment many
sicknesses in animals and making them wholesome.
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Rising call for for meat, growing fitness consciousness among purchasers to take healthful food, rising
disposable incomes, and growing need for healthier farm animals owing the boom of meat enterprise
are some of the factors driving the market. However, factors like high expense of artificial pigments and
scarcity of herbal pigments are restraining the boom of the market.
Feed Pigment Market is segmented based totally on Type, Carotenoids Source and cattle. Based on
Type, marketplace is in addition segmented into Carotenoids, Curcumin, Caramel, Spirulina & Others.
Based on Carotenoids Source, marketplace is in addition segmented into Natural Feed Pigments,
Synthetic Feed Pigments. Based on Livestock, market is in addition segmented into Swine, Ruminants,
Poultry, Aquatic Animals & Others. Further based totally on Carotenoids, marketplace is further
segmented into Beta-Carotene, Canthaxanthin, Lutein, Astaxanthin, Lycopene, Zeaxanthin, Other
Carotenoids. Carotenoids dominated the marketplace in 2015 as a result of its sizeable usage.
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Geographically, market is segmented into Asia-Pacific, Europe, North America, Latin America and Middle
East and Africa. Europe accounted for largest percentage globally thanks to the increased consciousness
about blessings of feed pigments. Asia-Pacific is predicted to be the fastest growing marketplace owing
to the elements like massive population, developing health recognition amongst humans and growing
disposable incomes.
Major gamers indexed within the report are BASF SE, Royal DSM N. V., Kemin Industries, Inc., D.D.
Williamson & Co., Inc. (DDW), Guangzhou Leader Bio-Technology Co., Ltd, Behn Meyer Group, Innovad
AD NV/SA, Novus International, Inc., Synthite Industries Ltd and Vitafor NV.
scope of the report provides:
The evaluation of the current market for your product or services and the future implications of
the market
Addresses the opportunities by better understanding the market through size estimates and
growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by
splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim
of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive
environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the
industry is analyzed through PESTLE analysis to better understand the aspects of strategic
management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to
their product portfolio, financial performance and the strengths of their business strategic
Comparative study of the firms across the industry measuring their performances based on
market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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