Covid-19 Analysis on Feed Pigments Market Key Players | Size, Share, Global Overview and Forecast to 2023

Covid-19 Analysis on Feed Pigments Market Global Research Report by Type (Carotenoids, Curcumin, Spirulina, and others), Source (Natural Feed Pigments and Synthetic Feed Pigments), Livestock

Market Analysis

Feed pigments are either naturally derived or synthetic substances used to enhance the shade of the animal skin which is an important marketing factor. The North American market for feed pigments is expected to keep growing over the forecast period due to rising meat consumption, and increasing health awareness across the globe. The feed pigments help in stimulation and secretion of digestive enzymes, which, in turn, stimulate the immune response in the livestock population. Additionally, Covid-19 Analysis on Feed Pigments Market is observing an exponential growth based on its increasing usage in the feed industry. The major types of feed pigments available in the market include carotenoids, curcumin, spirulina, and others.

North America is expected to have a substantial growth over the forecast period. In North America, the U.S. is the major importer of poultry and meat products, which has opened the opportunity for the feed pigments market in this region. Moreover, growing demand from poultry and livestock industry are boosting the growth of feed pigments in this region.

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Furthermore, rising concerns regarding livestock health among the consumers is adding fuel to the growth of the feed pigments market. However, adulteration may hamper the market growth in the upcoming years. Nevertheless, all these factors are expected to lead the growth of the North American feed pigments market at a CAGR of 3.6% during the review period, 2017-2023.

Major Key Players

This report includes a study of strategies such as mergers, acquisitions, and product launch by the major feed pigments players. It further includes product portfolios, developments of leading players, which includes

Some of the key players profiled in the global Covid-19 Analysis on Feed Pigments Market are BASF SE (Germany), Royal DSM N.V. (The Netherlands), Novus International, Inc. (U.S.), Nutrex NV (Belgium), Kemin Industries Inc. (U.S.), Behn Meyer Group (Singapore), Synthite Industries Ltd (India), Kalsec Inc. (U.S.)

Segments

Feed pigments market is segmented based on type, which includes carotenoids, curcumin, spirulina, and others. Among them, the carotenoids segment is anticipated to dominate the market followed by the spirulina segment. Moreover, the curcumin segment is witnessed to have a substantial growth over the forecast period.

Based on source, the Covid-19 Analysis on Feed Pigments Market is segmented into natural feed pigments and synthetic feed pigments. The natural feed pigments are projected to have a potential growth over the forecast period.

Based on the livestock, the feed pigments market is segmented into poultry, ruminants, swine, and others. Among all, the poultry segment is dominating the market based on increased consumption of poultry and meat products globally. However, the ruminants segment is witnessed to gain a moderate growth over the estimated period.

Data Tables

TABLE 1 PESTLE ANALYSIS – U.S.

TABLE 2 PESTLE ANALYSIS- JAPAN

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 4 PESTLE ANALYSIS- FRANCE

TABLE 5 PESTLE ANALYSIS- GERMANY

TABLE 6 KEY SUPPLIERS OF AGRICULTURAL ENZYMES MARKET

Continued…..

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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