Global Feed Carotenoid market cagr 9.2%

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Feed Carotenoid Market

Feed Carotenoid Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Feed Carotenoid Market Size and Growth

The Feed Carotenoid market is experiencing robust growth due to rising demand for nutrient-rich animal feed. The market size is projected to reach approximately $1.5 billion by 2028, driven by increasing livestock production and consumer preferences for quality meat and dairy products. Market conditions favor innovative product development and sustainability initiatives.

Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ Kemin Industries

◍ DSM Animal Nutrition

◍ Behn Mayer Group

◍ Hansen

The Feed Carotenoid Market features major players like BASF, Kemin Industries, DSM Animal Nutrition, Behn Mayer Group, and Hansen. These companies innovate and enhance livestock health and productivity via carotenoid formulations, driving market growth. Sales figures include:

- BASF: €59 billion

- DSM: €13.4 billion

- Kemin: $1 billion. Request Sample Report

Market Segmentation

By Application

Ruminant

Poultry

Swine

Other

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By Product

Beta-Carotene

Lycopene

Lutein

Astaxanthin

Other

Market Growth

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$ X Billion USD

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