North America Feed Pigment Market

North America Feed Pigment Market Size, Growth, Trends and Forecast: 

North America Feed Pigment Market was worth USD 0.52 billion in 2021 and is expected to reach USD 0.391 billion by 2026 with a CAGR of 3.4 %. 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.

Drivers and Restraints of North America Feed Pigment Market:

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.

North America Feed Pigment Market Segmentation:

North America Feed Pigment Market - By Type:

• Carotenoids

• Spirulina
• Caramel
• Curcumin & Others

North America Feed Pigment Market - By Carotenoids Source:

• Natural Feed Pigments
• Synthetic Feed Pigments

North America Feed Pigment Market - By Livestock:

• Natural Feed Pigments
• Synthetic Feed Pigments

Geographical Analysis:

Geographically, market is segmented into

• US
• 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

Major 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.