Global Feed Binder Market expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. To keep the feed as a whole and prevent them from disintegrating, feed binders used as an important ingredient with basic feed mix. It provides essential nutrition to animals by producing safe and nutritious products, better pellets with enhanced digestion, and inhibiting diseases in animals, and improve their overall growth. Moreover, it raises the feed utility and consumption and reduces feed wastage. The specialty hydrocolloids, wheat, bentonite & clay, guar meal & starch, lignin, and others are the natural feed binders. Whereas, polymethylolcarbamide and urea-formaldehyde are the synthetic feed binders.
Prominent factors that are playing a major role in the growth of Feed Binder Market are growing consumption of meat and meat products, rising awareness regarding animal nutrition, and growing preferences for pelleted feed. On the other hand, increasing a cost of raw material is a restraining factor. Feed Binder Market segmented based on type,ingredient type, livestock, and region. Type into Synthetic Binders and Natural Binders classify Feed Binder Market.Ingredient type into Wheat Gluten & Middling’s, Clay, Molasses, Plant Gums & Starches, Gelatin, Lignosulphonates, hemicellulose, CMC & other Hydrocolloids, and others (Urea Formaldehyde and Polymethylocarbamide) classify Feed Binder Market.
The clay segment accounted for the largest market share of Feed Binder Market and led the overall market over the period as a suitable feed binding agent. The reason being cost efficient and very low inclusion level. On the other hand, Lignosulphonates segment estimated to grow at fastest pace over the period. This is mainly due to, accessibility of raw material, broader knowledge on the industrial process, and effectual binding characteristics.
Livestock type into Swine, Poultry, Ruminants, and others (Equines, Aquatic Animals, and Pet Animals) classify Feed Binder Market. Poultry segment estimated to grow at fastest pace over the period. Feed Binder Market segmented, geographically into America (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, North American regional market accounted for the largest share of Feed Binder Industry and led the overall market. The reason being, rising demand for commercial feed in poultry and swine industries in order to maintain the structural integrity and nutritional composition of feed pellets. China and India are the major consumers of Feed Binder Industry in this region. Followed by North America. On the other hand, North American regional market accounted for the substantial share for Feed Binder Industry.
The key players of Feed Binder Industry are Borregaard ASA, Archer Daniels Midland Company, Roquette Freres, FMC Corporation, Darling Ingredients Inc., and E. I. du Pont de Nemours and Company.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Feed Binders in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Feed Binders market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Archer Daniels Midland
• CP Kelco
• Ingredion Incorporated
• The Roquette Group
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Natural Feed Binder
• Synthetic Feed Binder
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Research Support Specialist, USA