Market Size of Europe Feed Pigments Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.80 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Animal Feed Pigments Market Analysis
The Europe Feed Pigments market is estimated to register a CAGR of 3.8% during the forecast period (2020-2025). Feed pigments are substances that are either of natural origin or synthesized industrially. Feed pigments are gaining importance due to various benefits they offer to the growth of an animal in several stages of its life cycle, apart from the traditional pigmentation it imparts. They have also been linked to oxidation-preventing mechanisms and enhance the immune system. Feed pigments are mainly used to improve the color of the products including egg, meat, and milk. The growing demand for animal protein and quality meat products are the major drivers of feed pigment markets.