Market Research Future (Food and Beverages) Feed Pigments Market Progresses for Huge Profits | Page 4

Feed Pigments Market Research Report– Forecast to 2023
3 Sample Pages
Feed pigments market is segmented on the basis of type, which includes carotenoids, curcumin, spirulina, and
others. Among them, the carotenoids segment is anticipated to dominate the market followed by the spirulina
segment. Moreover, the curcumin segment is witnessed to have a substantial growth over the forecast period.
On the basis of source, the feed pigments market is segmented into natural feed pigments and synthetic feed
pigments. The natural feed pigments are projected to have a potential growth over the forecast period.
Based on the livestock, the feed pigments market is segmented into poultry, ruminants, swine, and others. Among
all, the poultry segment is dominating the market based on increased consumption of poultry and meat products
globally. However, the ruminants segment is witnessed to gain a moderate growth over the estimated period.
Regional Analysis:
The global feed pigments market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW).
Asia Pacific region is dominating the feed pigments market followed by North America. In Asia Pacific region, China
is the major contributor of poultry products, which, in turn, boosts the market growth in this region. Furthermore,
increasing consumption of poultry and meat products and rapidly growing population in developing countries of Asia
Pacific is giving a push to the growth of the feed pigments market.
Moreover, rising demand for poultry products in countries like the U.S., Canada, and Mexico in the North American
region is projected to boost the feed pigments market during the forecast period. Additionally, the major key players
are actively involved in the research & development of the product conforming to North American regulations for
feed pigments.
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