Global Feed Pigment Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Feed Pigment is a type of additive that is commonly employed to enhance the color and visual attractiveness of animal feed for livestock animals consumption and well being purposes whether it originates naturally or is artificially manufactured due to the trending preference for sourced feed pigments driven by the increasing demand for sustainable and organic farming practices, on a global scale.
Market Key Insights
- The Feed Pigment market is projected to grow from $1.4 billion in 2024 to $2.9 billion in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Livestock Feed Coloring, Poultry Feed Additives and Aquaculture Feed Supplement.
- BASF SE, Kemin Industries Inc, D.D. Williamson & Co. Inc lead the market as major players who determine its competitive dynamics.
- U.S. and China are the top markets within the Feed Pigment market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- The Feed Pigment market will experience a $200.0 million growth boost from the transition to natural feed pigments during the period ending in 2030.
- The Feed Pigment market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Poultry Feed & Cattle Feed Usage projected to gain a larger market share.
- With Enhanced animal health awareness, and Increased demand for natural feed pigments, Feed Pigment market to expand 102% between 2024 and 2034.
Opportunities in the Feed Pigment
Biotechnology offers a pathway, for creating feed pigments.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Enhanced Animal Health Awareness, and Technological Advancements in Feed Production
There has also been a change in the use of natural feed pigments instead of synthetic ones because of stricter government regulations against artificial feed additives, consumer preference for clean label products and the rising awareness about health among the public. This increasing demand, for natural feed pigments sourced from plants, animals and microbes is also driving the expansion of the Feed Pigment market.
Restraint: Stringent Regulatory Framework
Opportunity: Expanding into Aquaculture Industries and Exploring Organic Feed Pigments
Due to the increasing demand for food among consumers today. theres a new opportunity for feed pigment companies to create organic pigments. By substituting pigments with natural options. these companies can enter the organic market. providing healthier choices, for animal feed and potentially enhancing the overall quality of the final product. Additionally. using pigments could bring about environmental advantages. supporting international sustainability objectives.
Challenge: Increased use of Natural Alternatives
Supply Chain Landscape
BASF SE
DSM
InVivo NSA
Kemin Industries
Guangzhou Leader Bio-Technology
Nutreco
Novus International
Poultry Feed Industry
Swine Feed Industry
Aquaculture Industry
BASF SE
DSM
InVivo NSA
Kemin Industries
Guangzhou Leader Bio-Technology
Nutreco
Novus International
Poultry Feed Industry
Swine Feed Industry
Aquaculture Industry
Applications of Feed Pigment in Livestock Coloring, Poultry Additives & Aquaculture Supplement
Recent Developments
BASF SE launched a new range of highly efficient feed pigments, promising greater nutritional value and health benefits for pigs