Middle East and Africa Feed Pigment Market Size (2024 to 2029):
The Middle East and Africa feed pigment market size is expected to reach USD 143.16 million in 2024 and reach USD 163.56 million by 2029, growing at a CAGR of 2.7% from 2024 to 2029.
The pigment is a compound that provides color to other substances. 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 an anti-oxidant to cure many diseases in animals and make them healthy.
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.
This research report on the Middle East and Africa feed pigment market is segmented and sub-segmented into the following categories.
Middle East and Africa Feed Pigment Market – By Type:
Middle East and Africa Feed Pigment Market – By Carotenoids Source:
Middle East and Africa 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.
Middle East and Africa Feed Pigment Market – By Country:
Geographically, the market is segmented into the Middle East and Africa. This market is expected to increase significantly during the forecast period.
KEY MARKET PLAYERS:
Major players in this market are Royal DSM N. V., D.D. Williamson & Co., Inc. (DDW), Kemin Industries, Inc., Guangzhou Leader Bio-Technology Co., Ltd, BASF SE, Innovad AD NV/SA, Behn Meyer Group, Synthite Industries Ltd, Novus International, Inc., and Vitafor NV.
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