Global Feed Carotenoids Market By Animal Type (Ruminant, Poultry, Swine, Aquaculture, Other Animal Types), Type (Beta-Carotene, Lycopene, Lutein, Astaxanthin, Canthaxanthin, Other Types), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Feed carotenoids market is expected to grow at a rate of 5.80% in the forecast period 2020 to 2027. Rising expenditure on research and development on the high value natural carotenoids is the major factor driving the growth of feed carotenoids market in the forecast period of 2020-2027.
Carotenoids are essential for maintaining the health of animals and responsible for the color of animal skin. Since animals are not able to synthesize carotenoids, they must reach and attain their daily nutritional needs from the products ingested.
Rising adoption of new scientific methods for farming is the vital factor escalating the market growth, also rising awareness of aquaculture farmers about the requirement for optimum nutrition in their farms and increasing health problems in animals and increasing consumption of meat and fish are the major factors among others driving the growth of feed carotenoids market. Moreover, rising demand for naturally sourced carotenoids will further create new opportunities for feed carotenoids market in the forecast period of 2020- 2027.
However, risks associated with high doses of carotenoids and lack of research and development activities in underdeveloped countries are the major factors among others acting as restraints, and will further challenge the growth of feed carotenoids market in the forecast period mentioned above.
This feed carotenoids market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on feed carotenoids market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Feed Carotenoids Market Scope and Market Size
Feed carotenoids market is segmented on the basis of animal type and type. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on animal type, the feed carotenoids market is segmented into ruminant, poultry, swine, aquaculture and other animal types
- On the basis of type, the feed carotenoids market is segmented into beta-carotene, lycopene, lutein, astaxanthin, canthaxanthin and other types
Feed Carotenoids Market Level Analysis
Feed carotenoids market is analyses and market size, volume information is provided by country, animal type and type as referenced above.
The countries covered in feed carotenoids market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)
Asia-Pacific dominates the feed carotenoids market due to the increased adoption advanced scientific methods for farming and rising consumption of meat and fish. North America is the expected region in terms of growth in feed carotenoids market.
The country section of feed carotenoids market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Feed Carotenoids Market Share Analysis
Feed carotenoids market report competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to feed carotenoids market report.
The major players covered in the feed carotenoids market report are BASF SE, Chr. Hansen Holding A/S, FMC Corporation., Kemin Industries, Inc., Cyanotech Corporation., Allied Biotech Corporation, Doehler Ventures., DDW The Colour House., ExcelVite, Brenntag AG, Divi's Laboratories Limited, Algatech LTD., NIKKEN SOHONSHA CORPORATION, E.I.D. - Parry (India) Limited., NOVUS INTERNATIONAL, PAT Vitamins, Sensient Technologies Corporation, Valensa International and DSM among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Feed Carotenoids Market
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