MARKET REPORT 84 FEED & ADDITIVE MAGAZINE September 2025 of over $6 billion. The main reason for this difference stems from the scope of the research, sub-market definitions, and methodological differences. However, if we need to make an average estimate based on the reports in question, it can be said that the global feed carotenoids market size was around $3.7 billion in 2024. Similarly, it can be assumed that the market will grow at an average CAGR of 4.3% during the 2025-2035 period and reach a size of approximately $6 billion, which indicates steady growth in the coming period. FACTORS SUPPORTING GROWTH The global animal feed carotenoids market is growing rapidly in line with changing needs and increasing demand in the livestock and aquaculture sectors. Analysts list the main drivers of growth as follows: 1. Increase in Demand for Animal Protein The growing world population and rising income levels, particularly in developing economies, have led to a significant increase in the consumption of animal products such as meat, milk, and eggs. Farmers are under pressure to increase the productivity of their animals to meet this growing demand. Carotenoids can indirectly improve animal performance by supporting feed utilization. 2. Regulations and Consumer Demands While the use of antibiotics and synthetic additives is being restricted in the EU and other regions, consumer demand for “clean label” and natural products is increasing. This trend is driving producers to use natural carotenoids. 3. Animal Health and Welfare Carotenoids provide indirect benefits to overall health and welfare through their strong antioxidant and immune-supporting effects. This is considered an important factor, especially for intensive production systems. 4. Advances in Feed Formulation Technologies Microencapsulation and new production platforms increase the stability of carotenoids, improve bioavailability, and reduce costs. The combination of different sources also optimizes the balance between performance and cost. 5. Economic and Efficiency Advantages Carotenoids reduce costs per unit of production by enabling greater utilization of feed and increase producer profitability. 6. Modern Livestock and Aquaculture Applications The growth of modern livestock investments and aquaculture in the Asia-Pacific, Latin America, and MEA regions is a key factor driving the demand for carotenoids. Consumer demands for pigmentation and quality further support this demand. 7. Sustainability and Feed Efficiency Carotenoids reduce resource use by optimizing feed utilization and minimize the environmental Photo: Freepik
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