Feed Binders Market Size, Industry Share, Forecast

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Market Analysis and Size

Animal feed binders are used to increase the durability and resistance of feeds to physical breakdown during handling and storage. So me binders are also nutritionally beneficial. Unlike feed for livestock, feed for aquaculture necessitates a high level of processing to ensure good stability in water long enough for animals to consume it. As a result, the role of the binder is critical in determining variable levels of firmness appropriate for specific feeding behavior.

Data Bridge Market Research analyses that the feed binders market was valued at USD 6.2 billion in 2021 and is expected to reach USD 8.68 billion by 2029, at a CAGR of 4.30% during the forecast period 2022 to 2029 .

Explore Further Details about This Research Feed Binders Market Report https://www.databridgemarketresearch.com/reports/global-feed-binders-market

Market Definition

Feed binders are natural or synthetic ingredients that are added to feed to improve performance. The primary goal of these binders is to keep the feed's components intact and prevent decomposition. They improve animal health by reducing livestock diseases and improving feed stability and quality. The most common binder gums and starches, clay, hydrocolloids, gelatine, molasses, and wheat gluten are the most standard binders.

Report Scope and Market Segmentation

REPORT METRIC	DETAILS
Forecast Period	2022 to 2029
Base Year	2021
Historic Years	2020 (Customizable to 2019 - 2014)
Quantitative Units	Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered	Source (Natural, Synthetic), Livestock (Poultry, Swine, Cattle, Aquatic Animals, Dogs & Cats, Others), Type (Lignosulfonates, Plant Gums & Starches, Gelatin & Other Hydrocolloids, Molasses, Clay, Others), Application (Moist, Pellets, Crumbles, Others),
Countries Covered	U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Market Players Covered	Alltech (U.S), Dupont (U.S), BASF SE(Germany), ADM (U.S), Cargill Incorporated (U.S), FMC Corporation (U.S), Darling Ingredients (U.S), Gelita AG (Germany), CP Kelco (U.S), Avebe (Netherlands), Emsland Group (Germany), Borregaard AS (Norway), DSM (Netherlands), Kemin Indistries, Inc. (U.S), Bluestar Adisseo Co., Ltd. (China)
Opportunities	Rising raw material prices Rising demand for animal and plant protein Rising geriatric population and rising income levels

Feed Binders Market Dynamics

Drivers

Growth in the compound feed industry

In order to address global food and agriculture concerns, the feed sector is crucial. To enhance animal digestibility, feed makers are becoming more cognizant of the need to increase the nutritional value of feed products. The FAO estimates that global compound feed production is around 1 billion tonnes per year. Compound feed is the finished feed product made up of various raw materials and additives. Feed additives are used to improve the nutritional value, shelf life, and quality of the feed. The compound feed industry is expanding rapidly, necessitating the development of new additives for the feed market.

Rising awareness for animal nutrition

Feed binders help improve animal performance, enhance material handling, and disease control, which will likely boost the growth of the feed binders market in the forecast period of 2022-2029, owing to the rising awareness regarding animal nutrition and rising consumption of meat globally. On the other hand, the increasing number of initiatives by manufacturers to enter untapped markets and the rising popularity of natural solutions will provide various opportunities for the growth of the feed binders market during the forecast period.

Opportunity

Substantially rising raw material costs for naturally occurring feed binders such as starch, lignin, and wheat are expected to drive feed binders market demand, creating opportunities for industry participants over the forecast period. Increased population and disposable income, combined with health benefits, are expected to drive up demand for plant and animal protein, putting pressure on farmers of livestock (cattle and aquaculture). Farmers cannot keep up with rising demand, creating lucrative opportunities for feed binders manufacturers.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Feed Binders Market Landscape

Part 05: Pipeline Analysis

Part 06: Feed Binders Market Sizing

Part 07: Five Forces Analysis

Part 08: Feed Binders Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework