Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Historical Data Period | 2019 - 2023 |
CAGR | 2.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Feed Pigments Market Analysis
The Asia-Pacific Feed Pigments Market is expected to register a CAGR of 2.2% during the forecast period.
APAC Feed Pigments Market Trends
Increasing Meat Consumption
The population has been growing rapidly in the Asia Pacific region, with China and India being the densely populated countries. With this increasing population, food production demands are also increasing. Moreover, the rising awareness regarding the healthy benefits of consuming protein sources is creating demand for meat consumption in the region. According to the Food and Agricultural Organization, the meat consumption in the Asia Pacific region has increased from 137.5 million tons in 2014 to 143.68 million tons in 2018. Pork meat and Poultry meat are mostly consumed in the Asia Pacific, contributing 46% and 32% of the total meat consumption respectively. This increasing demand for meat consumption, in turn, is driving the Feed pigment market as it improves the color of the products obtained from animals including eggs, milk, and meat.
Increasing Poultry and Aquaculture Production in China
China is the largest Feed pigment market in the Asia Pacific region followed by India and Japan owing to rising healthcare awareness among consumers, disposable incomes, poultry & aquaculture growth, and increasing meat consumption. Feed pigments are mostly used in poultry and aquaculture to enhance the color of meat, increase palatability, and improves animal performance. China, showing the rising trend in poultry production to 51.7 million tons in 2018 and also China, having a target of increasing aquaculture production by 15.4 million metric tons by 2025, provides new growth opportunities and helps in enhancing the feed pigment market size.
APAC Feed Pigments Industry Overview
The Feed pigment market in the Asia Pacific region is consolidated with few major players dominating the market. The key players in the marker are Novus International Ltd., BASF SE, Kemin Industries, Nutrex NV, and Synthite Industries Ltd. The firms are coming with new products in this segment to build a huge presence and gain a strong customer base in the market. For Instance, BASF has launched next-generation carotenoids stabilized by propyl gallate (PG) and butylhydroxytoluene (BHT) or Tocopherol. It also has launched Lucatin NXT in the year 2018, that delivers high homogeneity, outstanding stability, and long shelf life while maintaining egg yolk and broiler skin coloring efficacy.
APAC Feed Pigments Market Leaders
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BASF SE
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Kemin Industries
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Novus International Ltd
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Nutrex NV
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Synthite Industries Ltd
- *Disclaimer: Major Players sorted in no particular order
APAC Feed Pigments Industry Segmentation
Feed additives are used to enhance the color of meat and yolk of the egg. They are majorly used in poultry and aquaculture. The increasing demand for red meat, have led the meat processing industries to use pigments to enhance the color of the raw and processed meat. The Asia pacific animal feed Pigments market is segmented by Type (Carotenoids, Curcumin, Caramel, Spirulina, and others) by Animals (Ruminant, Poultry, Swine, Aquaculture, and Others) and by Geography (India, China, Japan, Australia, Thailand and Rest of Asia Pacific).
Type | Carotenoids |
Curcumin | |
Caramel | |
Spirulina | |
Others | |
Animal Type | Ruminant |
Poultry | |
Swine | |
Aquaculture | |
Others | |
Geography | China |
India | |
Japan | |
Australia | |
Rest of Asia Pacific |
APAC Feed Pigments Market Research FAQs
What is the current Asia-Pacific Feed Pigments Market size?
The Asia-Pacific Feed Pigments Market is projected to register a CAGR of 2.2% during the forecast period (2025-2030)
Who are the key players in Asia-Pacific Feed Pigments Market?
BASF SE, Kemin Industries, Novus International Ltd, Nutrex NV and Synthite Industries Ltd are the major companies operating in the Asia-Pacific Feed Pigments Market.
What years does this Asia-Pacific Feed Pigments Market cover?
The report covers the Asia-Pacific Feed Pigments Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Feed Pigments Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia-Pacific Feed Pigments Industry Report
Statistics for the 2025 Asia-Pacific Feed Pigments market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Feed Pigments analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.