Feed Binders Market – Global Industry Analysis and Forecast (2023-2029)

Feed Binders Market was valued at US$ 3.56 Bn in 2022 and is expected to reach US$ 5.28 Bn by 2029, at a CAGR of 5.79% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology:- Request Free Sample Report

Feed binders are used to bind the different feed elements together and keep a stabilized feed form. Feed binders improve feed quality, which helps to progress the animal’s performance and health. They are used in changeable concentrations and quantities depending upon types. Feed binders are also used to bind the different feed elements together and keep a stabilized feed form.

Increasing awareness for livestock food and health is one of the major key drivers the market growth. Rising demand for meat and implementation of organized farming is favoring the market growth during the forecast period. Furthermore, price fluctuations and unstable raw materials supply is limiting the feed binder market growth. Moreover, the strict regulations are expected to pose challenges to industry participants

The clay segment is projected to witness a high rate of CAGR during the forecast period. It offers features such as low-cost requirements and less inclusion level per ton of feed and these are driving the demand for clay.

Feed binders harvest safe and nutritious products and prevent feed from decomposing. Feed binders are helping to feed easily consumable and water stable. They are providing benefits such as enhanced animal health performance and disease control coupled with better material handling characteristics. Binders bring the firmness to feed pellets, enhance the palatability of the feed, and are also providing enrich nutrition levels.

Poultry feed is expected to hold significant growth in the feed binder market. The growth can be attributed to a rise in focusing to achieve feed conversion ratios in poultry feed in developing countries such as India and China to developed countries. Japan and South Korea presented stable growth. The decay in courtyard production reinforced the growth of compound feed utilization among livestock key players.

The report provides a detailed overview of the global feed binder market including regional information. Geographically, the Asia Pacific is expected to dominate the growth in the global feed binder market. Increasing farmers’ awareness regarding pelleted feed and government support are booming the feed binder market in the region. Rising meat consumption coupled with the convenience of resources and the availability of labor in developing countries such as China, India, and Japan is expected to drive feed binders market growth in the Asia Pacific. China is expected to become the lead consumer of feed binders owing to a technological up-gradation. The demand for profitable feed in poultry and swine industries in the region had improved the need for feed binders to maintain the structural integrity and nutritional composition of feed pellets.

The key market players profiled and analyzed in the reports include Jinan Tiantianxiang Co., Ltd., FMC Corporation, Stillwater milling company, Darling ingredients inc., Huzhimpexinternationall ltd, Avebe U.A, London letter File company, NutriFeedCompany, Panay Mineral Product Resources Corp., Dilly manufacturing company, Juon presentation products, Blue seal feeds, E.I Du pont de Nemours And company, Danisco A/S, Gelita AG, Polymerightinc, Kreamer feed, UniScopeInc, Sichuan Groupeve Co . Ltd, FuZhou Wonderful Biological Technology Co.ltd, VDS crostocean feeds, Prooft binders, VitaCheek Nutrition Ltd., DABOL BIO and Pestell group of companies.

The report gives a clear representation of the current market scenario of the global feed binder market, which includes projected market size in terms of value and volume, pestle analysis, porter’s analysis factors in the market.
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Feed Binders Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 3.56 Bn.


Forecast Period 2023 to 2029 CAGR:
5.79%
Market Size in 2029:
US $ 5.28 Bn.


 Segments Covered:
by Type
Clay
Gelatin
Collagen
Plant Gums & starches
Molasses
Lingo sulphonates
Other


by Livestock
Poultry
Ruminants
Swine
Other animals


by Nature
Natural
Synthetic


by Application
Moist
Pellets
Crumbles
Others



Feed Binder Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players:
1. Jinan Tiantianxiang Co., Ltd.
2. FMC Corporation
3. Stillwater milling company
4. Darling ingredients inc.
5. Huzhimpexinternationall ltd
6. Avebe U.A
7. London letter File company
8. NutriFeedCompany
9. Panay Mineral Product Resources Corp.
10. Dilly manufacturing company
11. Juon presentation products
12. Blue seal feeds
13. E.I Du pont de Nemours And company
14. Danisco A/S
15. Gelita AG

Frequently Asked Questions:

1. Which region has the largest share in Global Feed Binder Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Feed Binder Market?
Ans: The Global Feed Binder Market is growing at a CAGR of 5.79% during forecasting period 2023-2029.

3. What is scope of the Global Feed Binder market report?
Ans: Global Feed Binder Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Feed Binder market?
Ans: The important key players in the Global Feed Binder Market are – Jinan Tiantianxiang Co., Ltd., FMC Corporation, Stillwater milling company, Darling ingredients inc., Huzhimpexinternationall ltd, Avebe U.A, London letter File company,

5. What is the study period of this market?
Ans: The Global Feed Binder Market is studied from 2022 to 2029.