Data Bridge Market Research analyses that Ruminant Feed Carotenoids market was valued at USD 4.7 billion in 2021 and is expected to reach the value of USD 8.08 billion by 2029, at a CAGR of 7.00% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis.

Market Definition

Carotenoids are organic pigments found in a variety of plants and organisms. These items function as antioxidants, protecting the body from chronic diseases, cellular damage, and the effects of ageing. Increased use of this product in dietary supplements will drive market demand due to rising health concerns.

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Global Ruminant Feed Carotenoids Market Scope

Ruminant feed carotenoids market is segmented on the basis of source, formulation and type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

·         Beta-Carotene

·         Lycopene

·         Lutein

·         Astaxanthin

·         Canthaxanthin

·         Zeaxanthin

·         Other Types

Formulation

·         Beadlet

·         Powder

·         Oil Suspension

·         Emulsion

Source

·         Synthetic Carotenoids

·         Natural Carotenoids

Ruminant Feed Carotenoids Market Share Analysis

Ruminant feed carotenoids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ruminant feed carotenoids market.

Some of the major players operating in ruminant feed carotenoids market are:

·         Cargill, Incorporated (U.S)

·         Dow (U.S.)

·         BASF SE (Germany)

·         Chr. Hansen Holding A/S (Denmark)

·         DSM (Netherlands)

·         DuPont (U.S.)

·         Evonik Industries AG (Germany)

·         NOVUS INTERNATIONAL (U.S.)

·         Associated British Foods plc (U.K.)

·         Charoen Pokphand Foods PCL (Thailand)

·         Nutreco (Netherlands)

·         ForFarmers. (Netherlands)

·         De Heus Animal Nutrition (Netherlands)

·         Land O'Lakes (U.S.)

·         Kent Nutrition Group (U.S.)

·         J. D. HEISKELL & CO. (U.S.)

·         Perdue Farms (U.S.)

·         SunOpta (Canada)

·         Scratch Peck Feeds (U.S.)

·         De Heus Animal Nutrition (Netherlands)

·         MEGAMIX (Russia)

·         Agrofeed (Hungary)

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Ruminant Feed Carotenoids Market Regional Analysis/Insights

Ruminant feed carotenoids market is analysed and market size insights and trends are provided by country, end user, animal type and type as referenced above.

The countries covered in the ruminant feed carotenoids Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is widely recognized as the dominant region in terms of ruminant feed carotenoids market share. Dairy products have gained traction in Asian countries as a result of increased demand from vegan consumers. Some key macroeconomic factors, such as an increase in social media usage and an increase in per-capita income, also contribute significantly to the overall growth of the ruminant feed carotenoids market.

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