Driving Factors and Strategic Initiatives Fueling Growth in the Global Feed Pigments Market

Global feed pigments market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for meat products. As consumers become more conscious about the quality and nutritional value of the meat they consume, there's a growing preference for naturally colored meat products. Feed pigments are used to enhance the color of animal products such as poultry, fish, and pork, making them more appealing to consumers. Additionally, the rising awareness regarding the health benefits of natural pigments, such as carotenoids and anthocyanins, is driving the market growth as well.

Browse the full report description of “Feed Pigments Market Size, Share & Trends Analysis Report by Type (Carotenoids, Curcumin, Spirulina, and Others), by Source (Synthetic and Natural), and by Livestock (Swine, Poultry, Ruminants and Aquatic Animals) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/feed-pigments-market

In September 2022, DSM completed the acquisition of Prodap, a prominent Brazilian company specializing in animal nutrition and technology. Through this strategic move, DSM aims to integrate Prodap's technology solutions, consulting services, and specialized nutritional offerings into its portfolio. By combining these strengths, the company seeks to enhance animal farming efficiency and promote sustainability practices within the industry.

In July 2022, Impextraco undertook an expansion initiative at its facility in Mexico, geared towards optimizing product storage capacities and fostering new business prospects. This expansion effort reflects Impextraco's commitment to meeting the growing demand for its products in the Mexican market. Moreover, it underscores the company's strategic objective of bolstering the presence of the Impextraco brand and reinforcing its position as a key player in the region's animal nutrition sector. 

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Type

o By Source

o By Livestock

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- BASF SE, EW Nutrition, Impextraco NV, Innovad®, and others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Feed Pigments Market Report Segment

By Type

• Carotenoids
• Curcumin
• Spirulina
• Others (Lutein, Astaxanthin, Anthocyanins)

By Source

• Synthetic
• Natural

By Livestock

• Swine
• Poultry
• Ruminants
• Aquatic Animals 

Global Feed Pigments Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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