Europe Feed Pigment Market was worth USD 0.310 billion in 2021 and is expected to reach USD 0.441 billion by 2026 with a CAGR of 3.9 %. 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 Europe Feed Pigment Market:
Growing health consciousness among consumers to take healthy food, rising demand for meat, rising need for healthier livestock owing the growth of meat industry and rising disposable incomes 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.
Europe Feed Pigment Market - By Type:
Europe Feed Pigment Market - By Carotenoids Source:
Europe Feed Pigment Market - By Livestock:
Carotenoids dominated the market in 2015 owing to its widespread usage.
Geographically, market is segmented into
Europe accounted for largest share globally owing to the increased awareness about benefits of feed pigments.
Major Key Players:
Major players listed in the report are Royal DSM N. V., Guangzhou Leader Bio-Technology Co., Ltd, Kemin Industries, Inc., BASF SE, Vitafor NV., D.D. Williamson & Co., Inc. (DDW), Innovad AD NV/SA, Novus International, Inc., Behn Meyer Group, and Synthite Industries Ltd
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