What is Carotenoids for Poultry Feed - Global Market?
Carotenoids are naturally occurring pigments found in plants, algae, and photosynthetic bacteria, and they play a crucial role in poultry feed. These pigments are responsible for the vibrant colors in many fruits and vegetables, and they are also essential for the health and productivity of poultry. In the global market, carotenoids are added to poultry feed to enhance the immune system, promote growth, improve egg quality, and enhance the color of egg yolks and chicken meat. The demand for carotenoids in poultry feed is driven by the increasing consumer preference for naturally colored and healthier poultry products. As consumers become more health-conscious, the poultry industry is responding by incorporating carotenoids into feed to meet these demands. The global market for carotenoids in poultry feed was valued at approximately US$ 259 million in 2023 and is projected to grow to US$ 356.5 million by 2030, with a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. This growth is indicative of the increasing recognition of the benefits of carotenoids in poultry nutrition and the ongoing efforts to improve poultry product quality.
Astaxanthin, Beta-Carotene, Canthaxanthin, Lycopene, Lutein in the Carotenoids for Poultry Feed - Global Market:
Astaxanthin, beta-carotene, canthaxanthin, lycopene, and lutein are some of the most commonly used carotenoids in poultry feed, each offering unique benefits. Astaxanthin is a powerful antioxidant known for its ability to enhance the immune system and improve the overall health of poultry. It is particularly effective in improving the pigmentation of egg yolks and chicken skin, making it a popular choice in the poultry industry. Beta-carotene, another well-known carotenoid, is a precursor to vitamin A and plays a vital role in promoting growth and maintaining the health of poultry. It helps in improving the reproductive performance of laying hens and supports the development of strong bones and healthy skin in broilers. Canthaxanthin is primarily used for its pigmentation properties, providing a rich, red color to egg yolks and chicken skin. It is also known to have antioxidant properties, which help in reducing oxidative stress in poultry. Lycopene, although less commonly used in poultry feed, is recognized for its antioxidant capabilities and its potential to improve the health and productivity of poultry. It is particularly beneficial in enhancing the color of egg yolks and chicken meat. Lutein, on the other hand, is widely used for its ability to improve eye health and enhance the pigmentation of egg yolks and chicken skin. It is also known to support the immune system and promote overall health in poultry. The use of these carotenoids in poultry feed is driven by the need to improve the quality and appeal of poultry products, as well as to enhance the health and productivity of poultry. As the global market for carotenoids in poultry feed continues to grow, the demand for these specific carotenoids is expected to increase, driven by the ongoing efforts to meet consumer preferences for naturally colored and healthier poultry products.
Laying Hens, Broiler, Duck, Others in the Carotenoids for Poultry Feed - Global Market:
Carotenoids play a significant role in the poultry feed industry, particularly in the areas of laying hens, broilers, ducks, and other poultry species. For laying hens, carotenoids are essential for improving egg quality, particularly the color of the egg yolk. A vibrant, richly colored yolk is often associated with higher quality and better nutrition, making carotenoids a valuable addition to the feed of laying hens. In addition to enhancing yolk color, carotenoids also support the immune system and overall health of laying hens, leading to improved egg production and quality. For broilers, carotenoids are primarily used to enhance the color of chicken skin and meat, making them more appealing to consumers. The pigmentation provided by carotenoids gives broilers a more natural and attractive appearance, which is a key factor in consumer purchasing decisions. Additionally, carotenoids support the growth and health of broilers, contributing to better feed conversion rates and overall productivity. In ducks, carotenoids are used to improve the color of the skin and meat, similar to their use in broilers. The vibrant coloration provided by carotenoids is particularly important in markets where the appearance of duck meat is a significant factor in consumer preferences. Carotenoids also support the health and growth of ducks, leading to improved productivity and quality. In other poultry species, carotenoids are used to enhance the color and quality of the meat and eggs, as well as to support overall health and productivity. The use of carotenoids in these areas is driven by the need to meet consumer preferences for naturally colored and healthier poultry products, as well as to improve the efficiency and productivity of poultry production. As the global market for carotenoids in poultry feed continues to grow, the demand for carotenoids in these areas is expected to increase, driven by the ongoing efforts to improve the quality and appeal of poultry products.
Carotenoids for Poultry Feed - Global Market Outlook:
The global market for carotenoids in poultry feed was valued at approximately US$ 259 million in 2023, and it is projected to reach a revised size of US$ 356.5 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2024 to 2030. Carotenoids are incorporated into poultry feed due to their known benefits in enhancing the immune system, promoting growth, improving egg quality, and enhancing the color of egg yolks and chicken meat. These benefits are increasingly recognized by the poultry industry, leading to a growing demand for carotenoids in poultry feed. The market growth is driven by the increasing consumer preference for naturally colored and healthier poultry products, as well as the ongoing efforts to improve the quality and appeal of poultry products. As consumers become more health-conscious, the poultry industry is responding by incorporating carotenoids into feed to meet these demands. The projected growth in the global market for carotenoids in poultry feed is indicative of the increasing recognition of the benefits of carotenoids in poultry nutrition and the ongoing efforts to improve poultry product quality.
| Report Metric | Details |
| Report Name | Carotenoids for Poultry Feed - Market |
| Forecasted market size in 2030 | US$ 356.5 million |
| CAGR | 5.2% |
| Forecasted years | 2024 - 2030 |
| Segment by Type: |
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| Segment by Application |
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| By Region |
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| By Company | DSM, BASF, Allied Biotech, Chenguang Biotech, FMC, Dohler, Chr. Hansen, Carotech, DDW, Excelvite, Anhui Wisdom, Tian Yin, Kemin |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
