Feed Binders Market Research Report- Forecast till 2030

Feed Binders Market Research Report: Information by Type (Starches, Clay, Hydrocolloids, Gelatin, Molasses, Wheat Gluten), Livestock (Poultry, Swine, Ruminants, Aquatic), by Region (North America, Europe, Asia Pacific, and RoW) – Forecast till 2030

ID: MRFR/AGR/3888-HCR | September 2022 | Region: Global | 110 Pages         

Feed Binders Market

Feed binders market is expected to grow USD 5.67 billion at a CAGR 3.67% during the forecast 2021-2030

Segmentation

By Type Starches Clay Hydrocolloids Gelatin Molasses Wheat Gluten
By Livestock Poultry Swine Ruminants Aquatic
By Region North America Europe Asia Pacific

Key Players

  • E. I. du Pont de Nemours and Company (U.S.)
  • Archer-Daniels-Midland Company (U.S.)
  • J.M. Huber Corporation (U.S.)
  • CP Kelco U.S. Inc. (U.S.)
  • Darling Ingredients Inc. (U.S.)
  • Roquette Freres S.A. (France)
  • Emsland-Starke GmbH (Germany)
  • FMC Corporation (U.S.)
  • Gelita AG (Germany)
  • Avebe U.A. (the Netherlands)

Drivers

  • Increase in demand for high nutrition animal feed
  • Growing awareness regarding livestock health
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Market Synopsis of Feed Binders Market:


Market Definition:


Feed binders market is expected to grow USD 5.67 billion at a CAGR 3.67% during the forecast 2021-2030.

Feed binders are natural or synthetic ingredients, which are added to improve feed performance. The prime objective of these binders is to keep the individual components of feed intact and inhibit decomposition. Along with improving the stability and feed quality, they also improve animal health by reducing livestock diseases. The most common binders used in feed are gums & starches, clay, hydrocolloids, gelatin, molasses, and wheat gluten.


Market Scenario:       


Feed binders have gained status globally, as they help in binding the feed components for better stability. Growing population in the developing countries has increased the demand for production of poultry, ruminants and other livestock for consumption, which has uplifted the demand for feed, which, in turn, has uplifted the feed binders market. Growing awareness regarding livestock health, along with increased demand for high nutrition animal feed products is expected to uplift the demand for feed binders. Moreover, use of feed binders has helped in increasing the feed consumption and also reducing the feed wastage. Use of clay, as a feed binder in aqua feed formulation is experiencing a high demand owing to its enhanced functionality and stability.


Additionally, the enhancement of the product coupled with technological advancements is considered to be one of the significant reasons for the increasing growth of the feed binders market during the forecast period, 2021-2030.


Key Findings:



  • Asia Pacific region is experiencing a higher growth rate in the global feed binders market

  • The demand for feed binders is high from poultry and livestock holders


Segments:


The global feed binders market is segmented into type and livestock.


On the basis of the type, it is segmented into gums & starches, clay, hydrocolloids, gelatin, molasses, wheat gluten, and others. Among all, the clay segment is dominating the market followed by hydrocolloids owing to its higher use in the aqua feed products for better stability and functionality.


On the basis of the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market based on increased consumption of poultry and meat products globally. However, the aquatic segment is projected to witness steady growth over the forecast period owing to growth in the poultry industry.


Regional Analysis:


The global feed binders market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the feed binders market followed by North America. In the Asia Pacific region, China is the major consumer of feed binders, which, in turn, boosts the market growth in this region. Furthermore, increasing consumption of poultry and meat products and rapidly growing population in developing countries of Asia Pacific is giving a push to the growth of the feed binders market.


Moreover, rising demand for feed additives such as binders & enhancers in countries like the U.S., Canada, and Mexico in the North American region is projected to boost the feed binders market during the forecast period.


Key Players:


Some of the key players profiled in the global feed binders market: E. I. du Pont de Nemours and Company (U.S.), Archer-Daniels-Midland Company (U.S.), J.M. Huber Corporation (U.S.), CP Kelco U.S., Inc. (U.S.), Darling Ingredients Inc. (U.S.), Roquette Freres S.A. (France), Emsland-Starke GmbH (Germany), FMC Corporation (U.S.), Gelita AG (Germany), and Avebe U.A. (the Netherlands)


Intended Audience:



  • Feed binder manufacturers

  • Feed industry

  • Livestock industry

  • Raw material suppliers

  • Retailers and wholesaler

  • Traders, importers, and exporters


The global feed binders market is segmented into the following regions


North America



  • The U.S.

  • Canada

  • Mexico 


Europe



  • Germany

  • France

  • Italy

  • Spain

  • U.K

  • Rest of Europe


Asia Pacific



  • China

  • India

  • Australia

  • Japan

  • Rest of Asia Pacific


Rest of the world



  • Brazil

  • Argentina

  • South Africa

  • Others


The report for global feed binders market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



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Frequently Asked Questions (FAQ) :

feed binders market is projected to grow at approximately 3.67% CAGR during the assessment period (2021-2030).

On the basis of type, the clay segment and on the basis of livestock, the poultry segment, accounts for the major shares in the global feed binders market.

Augmenting demand for animal feed products with high protein content led by the growing consumer awareness about the protein content, rising meat consumption, and industrialization of livestock, are major tailwinds pushing the growth of the global feed binders market.

Asia Pacific holds the largest share in the global feed binders market, followed by North America and Europe, respectively.

E. I. du Pont de Nemours and Company (U.S.), J.M. Huber Corporation (U.S.), Archer-Daniels-Midland Company (U.S.), CP Kelco U.S., Inc. (U.S.), Roquette Freres S.A. (France), Darling Ingredients Inc. (U.S.), Emsland-Starke GmbH (Germany), Gelita AG (Germany), FMC Corporation (U.S.), and Avebe U.A. (the Netherlands), are some of the top players operating in the global feed binders market.