MarketResearch.biz delivers in-depth insights on the global feed binders market in its upcoming report titled, “Global Feed Binders Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global feed binders market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global feed binders market report has been segmented on the basis of ingredient type, livestock type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Feed binders are mixed or added in animal feed to improve nutritional value of feed and help them to get their dietary requirements. Feed binders also aid in binding particles in feed firmly. Feed binders help to keep feed as a whole and limit them from decomposition. Moreover, feed binders also help in increasing utility and consumption of feeds along with reducing level of wastage. Presently, various feed binders are available in market and are being utilized in various concentration and varieties, depending on animal species.
Feed binders yield nutritious and safe products and prevent feeds from disintegrating. Feed binders further enable production of easy consumable and water stable feeds. Feed binders aid in improving feed quality, thus improving performance and health of animals, which, in turn, enhances quality of food originated from animals. Advantages of feed binders include better animal performance, enhanced material handling, and disease control.
Increasing awareness about animal nutrition is projected to be the primary driving factor for the global feed binders market over the forecast period. In addition, increasing meat consumption across the globe is another major factor expected to have lateral positive impact on growth of the global feed binders market over the next ten years.
However, fluctuating raw materials cost of feed binders is projected to hinder growth of the global feed binders market and is expected to pose threat to the industry players over the forecast period.
Target audience for the global feed binders market include industry associations, food manufacturers, food products traders, food products suppliers, food products distributors, government and research organizations, industrial, association bodies, raw material suppliers, food products distributors, and others.
Asia Pacific feed binders market is expected to account for major share in terms of revenue in the global market in 2017, and is anticipated to maintain its dominance over the forecast period, owing to rising demand for commercial feed in swine and poultry industries in the countries in region. Asia Pacific feed binders market is also expected to register fastest growth in terms of revenue in next ten years.
Global Feed Binders Market Segmentation:
Segmentation by ingredient type:
- Plant gums & starches
- Lignosulphonates, hemicellulose, CMC & other hydrocolloids
- Wheat gluten & middling’s
- Other ingredients (Molasses and urea formaldehyde)
Segmentation by livestock type:
- Other animals (aquatic animals, pet animals, and equines)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Darling Ingredients Inc.
- I. Dupont De Nemours and Company (Dupont Nutrition & Health)
- Archer Daniels Midland Company
- FMC Corporation
- Roquette Freres
- Gelita AG
- Borregaard ASA
- Emsland Starke GmbH
- Avebe U.A.
- M. Huber Corporation
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