Global $6.42 Billion Feed Binders Market Outlook, 2019-2027 - ResearchAndMarkets.com
Global Feed Binders market accounted for $4.28 billion in 2019 and is expected to reach $6.42 billion by 2027 growing at a CAGR of 5.2% during the forecast period.
The "Feed Binders - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Feed Binders market accounted for $4.28 billion in 2019 and is expected to reach $6.42 billion by 2027 growing at a CAGR of 5.2% during the forecast period.
Some of the key factors propelling market growth include increased consumption of livestock-based products, increasing awareness among manufacturers about the benefits offered by feed binders, strong growth in the compound feed industry, the growing concerns regarding animal health, and increasing meat consumption across the globe. However, price volatility and availability of raw materials are identified as key factors hindering market growth.
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.
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.
By type, the lignosulphonates segment is projected to be the significant-growing segment in the market. They are used due to their binding, dispersing, and emulsifying properties in the manufacture of feed products, to provide structural integrity. Lignosulfonates are the most commonly used feed binder as they are highly cost-effective and are utilized across various types of feed. The relatively low toxicity of lignosulfonates makes them a preferred binder among feed manufacturers. They are used to improve the feed properties of pellets.
On the basis of geography, Asia Pacific region is anticipated to witness significant growth during the forecast period, due to its rise in population, increase in per capita income, and urbanization. The ruminants and poultry feed production in Asia Pacific is growing at a higher rate since the past five years. With the increasing pork consumption in the Southeast Asian region, feed manufacturers are eventually witnessing high demand for feed binders in swine and poultry feed.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Feed Binders Market, By Type
5.1 Introduction
5.2 Plant Gums & Starches
5.3 Molasses
5.4 Lignosulfonates
5.5 Gelatin & Other Hydrocolloids
5.6 Hemicellulose
5.7 Collagen
5.8 Clay
5.9 Other Types
5.9.1 Polymethylcellulose (PMC)
5.9.2 Wheat Gluten & Middlings
5.9.3 Carboxymethylcellulose (CMC)
6 Global Feed Binders Market, By Source
6.1 Introduction
6.2 Synthetic
6.2.1 Polymethylolcarbamide
6.2.2 Urea-formaldehyde
6.3 Natural
6.3.1 Guar Meal
6.3.2 Wheat
6.3.3 Lignin
7 Global Feed Binders Market, By Livestock
7.1 Introduction
7.2 Swine
7.3 Aquatic Animals
7.4 Cattle
7.5 Poultry
7.6 Dogs & Cats
7.7 Ruminants
7.8 Horses
7.9 Other Livestock
7.9.1 Equine
7.9.2 Pet Animals
7.9.2.1 Reptiles
7.9.2.2 Birds
8 Global Feed Binders Market, By Application
8.1 Introduction
8.2 Moist
8.3 Crumbles
8.4 Pellets
9 Global Feed Binders Market, By Sales Channel
9.1 Introduction
9.2 Manufacturer/Distributor/Service Provider
9.3 Direct Sales
10 Global Feed Binders Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Danisco A/S
12.2 Archer Daniels Midland Company (ADM)
12.3 Ingredion, Inc.
12.4 E.I Du pont de Nemours And company
12.5 Roquette Freres
12.6 Kemin Industries, Inc.
12.7 J. M. Huber Corporation
12.8 Borregaard ASA
12.9 Gelita AG
12.10 FMC Corporation
12.11 Darling Ingredients, Inc.
12.12 Jinan Tiantianxiang Co., Ltd.
12.13 Sichuan Groupeve Co . ltd
12.14 Pestell group of companies
12.15 CP Kelco U.S., Inc.
12.16 Uniscope, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/9t7tne
View source version on businesswire.com: https://www.businesswire.com/news/home/20210115005263/en/