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The global feed pigment market is expected to reach USD 1130.2 billion by the year 2024 according to new research report

Industrial Market Research

“GLOBAL FEED PIGMENTS MARKET, BY TYPE, CAROTENOIDS SOURCE, LIVESTOCK, GEOGRAPHY, COMPANY (NORTH AMERICA, ASIA-PACIFIC, EUROPE, SOUTH AMERICA) FORECASTING (2018-2024)”.

The overall Global feed pigments market is expected to reach USD 1130.2 billion by 2024 at a CAGR of 3.46% during the forecast period. Feed pigments are used to increase the appearance of animal products and raise in meat consumption across the globe accelerates the growth in the market.

Apart from appearance, feed pigments are also used in oxidation prevention mechanisms and an excellent immune system for animals.

Based on type, Carotenoids vertical have the most significant share in Europe in 2017
Carotenoid is a feed pigment material used to enhance the appearance of various animal products.

Carotenoid can also cure multiple diseases in the animals and increases the immunity system, protects from disease.

It is organic pigment produced from plants, algae and different bacteria and fungi. Europe holds 48% of the world market in manufacturing Carotenoids in 2017 and is expected to reach 55% during the forecast period (2018-2024).

Curcumin, caramel, spirulina are several feed pigment types holds a considerable share in the growth of the market.
Report: www.envisioninteligence.com/indust…-pigments-market/

Global feed pigment, By Livestock, holds a considerable market in future
These feed pigments are added in addition to the feed given to livestock such as swine, poultry, ruminants, aquatic animals and other livestock types. This increases the appearances and health conditions of various animals and hence accelerates the growth of Global feed pigment market.

Europe holds the highest market share during the forecast period
Europe is likely to contribute 55% of total world market during the forecast period in manufacturing carotenoids feed pigment. APAC also hold a considerable share for manufacturing Carotenoids pigment and is expected to a CAGR of 3.7% in future.

Major key players in the market are BASF SE (Germany), Royal DSM N. V. (The Netherlands), Kemin Industries, Inc.

(U.S.), D.D. Williamson & Co., Inc. (DDW) (U.S.), and Guangzhou Leader Bio-Technology Co., Ltd (China),., among others.

Browse recent report by industry: www.envisioninteligence.com/industry-reports/

Scope Of The Report
• Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
• Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
• The Regional and Global Variety is taken care of in the report.
• Year on Year basis generation of revenue is studied.
• Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
• The overview and the sustainability of the market are analyzed through SWOT.
• DROC is recognized in the current market scenario and see how its effect on market dynamics.
• The segment-level analysis in terms of type and technology.
• The value chain analysis, value that's created and captured by a company is the profit margin. Value
• Created and Captured – Cost of Creating that Value = Margin
• An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
• Basis on the depth of the study we approach using analytical tools
• Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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