Asia-Pacific Feed Pigment Market has been estimated at USD 0.410 billion in 2021 and is projected to reach USD 0.560 billion by 2026, at a CAGR of 3.2% during the forecast period from 2022 - 2027.
Pigment is a compound which provides color to the other substance. Feed Pigments provide aid to improve the commercial value of meat derivatives by improving the color, Form, and palatability of the feed. It also acts as anti-oxidants to cure many diseases in animals and making them healthy.
Drivers and Restraints of Asia-Pacific Feed Pigment Market:
Rising demand for meat, growing health consciousness among consumers to take healthy food, rising disposable incomes, and rising need for healthier livestock owing the growth of meat industry are some of the factors driving the market. However, factors like high expense of synthetic pigments and scarcity of natural pigments are restraining the growth of the market.
Asia-Pacific Feed Pigment Market – By Type:
Asia-Pacific Feed Pigment Market – By Carotenoids Source:
Asia-Pacific Feed Pigment Market – By Livestock:
Further based on Carotenoids, market is further segmented into Beta-Carotene, Canthaxanthin, Lutein, Astaxanthin, Lycopene, Zeaxanthin, Other Carotenoids. Carotenoids dominated the market in 2015 owing to its widespread usage.
Geographically, market is segmented into
Asia-Pacific is expected to be the fastest growing market owing to the factors like large population, growing health consciousness among people and rising disposable incomes.
Major Key Players:
Major players listed in the report are D.D. Williamson & Co., Inc., BASF SE, Kemin Industries, Inc., Novus International, Inc., Guangzhou Leader Bio-Technology Co., Ltd, Royal DSM N. V., Behn Meyer Group, Synthite Industries Ltd, Innovad AD NV/SA, and Vitafor NV.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
126.96.36.199 Other Carotenoids
5.1.7 Y-o-Y Growth Analysis, By Type
5.1.8 Market Attractiveness Analysis, By Type
5.1.9 Market Share Analysis, By Type
5.3 Carotenoids Source
5.3.2 Natural Feed Pigments
5.3.3 Synthetic Feed Pigments
5.3.7 Y-o-Y Growth Analysis, By Carotenoids Source
5.3.8 Market Attractiveness Analysis, By Carotenoids Source
5.3.9 Market Share Analysis, By Carotenoids Source
5.4.5 Aquatic Animals
5.4.7 Y-o-Y Growth Analysis, By Livestock
5.4.8 Market Attractiveness Analysis, By Livestock
5.4.9 Market Share Analysis, By Livestock
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Type
220.127.116.11 By Carotenoids Source
18.104.22.168 By Livestock
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Carotenoids Source
184.108.40.206 By Livestock
6.1.5 Market Share Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type
22.214.171.124 By Carotenoids Source
126.96.36.199 By Livestock
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 BASF SE
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 D.D. Williamson & Co., Inc. (DDW)
8.3 Guangzhou Leader Bio-Technology Co., Ltd.
8.4 Behn Meyer Group
8.5 Innovad AD NV/SA
8.6 Novus International, Inc.
8.7 Synthite Industries Ltd
8.8 Vitafor NV
8.9 Kemin Industries, Inc.
8.10 Royal DSM N. V.
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
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