(Entertainment-NewsWire.com, February 21, 2017 ) The Feed Carotenoid market is growing at a substantial rate due to the progress in the animal feed industry.
Carotenoids are the organic pigments naturally occurring in plants and have been utilized for food colourings with beta-carotene for a long time. However, with constant research and development, they have also found significance in feeds and food supplements.
The growth of the Middle East and Africa Feed Carotenoid market is majorly driven by factors such as growing health consciousness among the consumers, rising consumption of compound and pelleted feed, and increasing predilection for natural coloration. Also, growing acceptance of intensive farming systems in the poultry and aquaculture industry is anticipated to drive the growth of the market. However, factors such as high expenses incurred during the extraction and mounting costs of raw materials are thwarting the growth of the market in this region.
1) Based on Type: Lutein Canthaxanthin Astaxanthin Beta-Carotene Lycopene Zeaxanthin Others
2) Based on Animal Type: Poultry Aquaculture Swine Ruminant Others
Partnerships and arrangements with raw material suppliers and traders to guarantee uninterrupted supply at discounted costs is the most adopted plan by the players in the market. Expansion of the company and putting up new plants to boost production capability is another tactic adopted by the key players. The major companies dominating the global Feed Carotenoid market are BASF SE, Chr. Hansen A/S, FMC Corporation, Kemin Industries Inc., Royal DSM N.V., and Behn Meyer Group.
The Feed Carotenoid market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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