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Feed Pigments Market Trends

Report ID: GMI2588
Published Date: Aug 2023
Report Format: PDF

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Feed Pigments Market Trends

Consumers are increasingly seeking natural and organic products, including animal-derived foods. This trend is driving the demand for naturally derived feed pigments, as they align with clean label and sustainable practices. Consumers are demanding transparency in food production. This trend is influencing the use of feed pigments with clear and simple labeling, highlighting the source and benefits of pigments used in animal diets. The focus on animal health and welfare is driving the adoption of feed pigments with potential health benefits.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size reached USD 1.3 billion in 2022 and is set to surpass USD 2.4 billion by 2023, due to the rising number of consumers seeking natural and organic products worldwide.

The carotenoids segment recorded USD 0.4 billion in 2022, on account of its strong role in enhancing the color of animal products.

U.S. market size valued at USD 0.28 billion in revenue in 2022, owing to rising number of consumers preferring vibrant colors in animal products with freshness, quality, and nutritional value.

BASF SE, Royal DSM N.V., Chr. Hansen Holding A/S, Kemin Industries, Inc., Guangzhou Leader Bio-Technology Co., Ltd., Behn Meyer Holding AG, Nutrex NV, D.D. Williamson & Co. Inc. (DDW), Novus International, Inc. are some of the major feed pigment companies worldwide.