According to the report “North America Feed Pigment market,” published by Market Data Forecast, the North America market is projected to reach USD 242.81 million by 2021, at a CAGR of 3.40% from 2016 to 2021.
Pigment is a compound which provides color to the other substance. Feed Pigments provide aid to improve the commercial value of meat derivatives by improving the color, Form, and palatability of the feed. It also acts as anti-oxidants to cure many diseases in animals and making them healthy.
By enhancing the appearance of the animal products, feed pigments act as an antioxidants to help cure multiple diseases in the animals and also help to increase the palatability of the feed to increase the animals health. Hence, feed pigments will be observed as a business opportunity during forecast period. As a result, many multinational players have entered into the production of varied types of feed pigments
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North America Feed Pigment market: Drivers & Restraints
Rising demand for meat, growing health consciousness among consumers to take healthy food, rising disposable incomes, and rising need for healthier livestock owing the growth of meat industry are some of the factors driving the market. However, factors like high expense of synthetic pigments and scarcity of natural pigments are restraining the growth of the market.
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North America Feed Pigment market: Segmentation
By Type:
• Introduction
• Carotenoids
o Beta-Carotene
o Canthaxanthin
o Lutein
o Astaxanthin
o Lycopene
o Zeaxanthin
o Other Carotenoids
• Curcumin
• Caramel
• Spirulina
• Others
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type
By Carotenoids Source
• Introduction
• Natural Feed Pigments
• Synthetic Feed Pigments
• Y-o-Y Growth Analysis, By Carotenoids Source
• Market Attractiveness Analysis, By Carotenoids Source
• Market Share Analysis, By Carotenoids Source
By Livestock
• Introduction
• Swine
• Ruminants
• Poultry
• Aquatic Animals
• Others
• Y-o-Y Growth Analysis, By Livestock
• Market Attractiveness Analysis, By Livestock
• Market Share Analysis, By Livestock
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/north-america-feed-pigment-market-2269/customize-report
North America Feed Pigment market: Overview
Due to its widespread usage, Carotenoids dominated the market in 2015 and maintain the same for nex few years. The feed pigments market is mainly driven by the fact that they help enhance the appearance and palatability of the feed, making the animals healthier and thereby increasing their commercial value. Carotenoids are used on a large scale due to their antioxidant features which benefit the health of the animals and their capacity to enhance the pigmentation in poultry and aquatic animals.
On the basis of source, the carotenoids feed pigments market is led by the synthetic feed pigments segment, followed by natural feed pigments. Synthetic feed pigments are abundantly available and less costly. Thus, they are used on a wide scale by the animal farmers. These feed pigments are driven by increasing customer demand for quality of meat products. Feed pigments can be added to the feed of swine, ruminants, poultry, aquatic animals, and pet animals. Their demand is driven by consumer’s awareness about the quality of meat products, and industrialization of pork, poultry, and aquaculture business.
North America Feed Pigment market: Region-wise Outlook
Geographically, market is segmented into US and Canada. North America is experiencing tremendous increase in production of feed pigments owing to the growing demand from consumers for pigments and growing health consciousness among young population.
Key Questions Answered
• What is the current and future Feed Pigment market outlook in North America? What trends are affecting the North America market?
• What is the competitive landscape and market share of major players in the Feed Pigment Management space in North America?
• What are the key, high growth markets that Feed Pigment manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Feed Pigment currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Feed Pigment?
• What are the challenges and barriers that have hindered widespread adoption of Feed Pigment?
• A comprehensive mapping of the competitive landscape and the market participants behaviour ?
North America Feed Pigment Market: Key Players
Major players listed in the report are Royal DSM N. V., Behn Meyer Group, Novus International, Inc., Kemin Industries, Inc., Guangzhou Leader Bio-Technology Co., Ltd, BASF SE, Innovad AD NV/SA, Synthite Industries Ltd, D.D. Williamson & Co., Inc. (DDW), and Vitafor NV.
Reasons to buy North America Feed Pigment Market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y 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 macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), 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
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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