Feed Binders Market Growth, Trends and Forecast by 2031

MARKET INTRODUCTION

Feed binders are products that are used to bind, glue, or hold the various feed ingredients together in order to maintain pellet integrity. They are firming agents that are added to fish feed to improved the quality of pellets, water stability, hardiness, and bulk density. Some binders are prepared by cereal grains or plants, and they offer nutrients to the diet of livestock. There are different techniques involved in feed binding, including pelleting, steaming or cooking, gelatinize or partially gelatinize natural starches in the feed ingredients, which further help to bind the feed together. Feed binders are basically used in animal feed to produce safe products, nutritious, and better pellets, which results in improved digestion in animals. They are also used in different quantities and concentrations, depending on the species.

MARKET DYNAMICS

The feed binders market has witnessed significant growth owing to factors such as an increase in the demand for pellet-shaped feed among the manufacturers of animal feed. Furthermore, the growing concern for animal health globally is again influencing this market. There are numerous advantages of feed binders, including disease control, enhanced material handling, and better animal performance. Feed conversion is better when feed binders are added as compared to pelleted feed, which comprises feed fed as mash. Feed binders help in binding the particles firmly in the feed. They also help to keep the animal feed as a whole and prevent them from decomposition. Furthermore, these feed binders help in increasing the utility and consumption of the feeds, along with reducing the level of wastage. However, the high cost of raw materials used for feed binders may impact market growth in the near future. Nevertheless, strong demand for compound feed is expected to open up new growth opportunities in the upcoming years.

MARKET SCOPE

The "Global Feed Binders Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feed binders market with detailed market segmentation by type, livestock, source, and geography. The global feed binders market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed binders market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global feed binders market is segmented on the basis of type, livestock, and source. On the basis of type, the feed binders market is segmented into clay, plant gums & starches, gelatin, molasses, lignosulphonates, hemicellulose, CMC & other hydrocolloids, wheat gluten & middling. The feed binders market on the basis of the livestock is classified into poultry, swine, ruminants, other animals. On the basis of source, global feed binders market is bifurcated into natural and synthetic.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global feed binders market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The feed binders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the feed binders market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the feed binders market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global feed binders market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from feed binders market are anticipated to lucrative growth opportunities in the future with the rising demand for feed binders in the global market. Below mentioned is the list of few companies engaged in the feed binders market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed binders market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Blommer Chocolate Company
  
•  Archer Daniels Midland Company
  
•  Beneo
  
•  Borregaard
  
•  Darling Ingredients
  
•  Dupont
  
•  Gelita AG
  
•  Ingredion Incorporated
  
•  J. M. Huber Corporation
  
•  Kemin Industries, Inc.
  
•  Roquette Frères
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Feed Binders Report Scope