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.
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