- Natural
- Synthetic
Feed Binders Market size was valued at USD 4.2 billion in 2022 and is poised to grow at a CAGR of 3.7% from 2023-2029. Feed binders are the substances that hold the different feed particles together and increase the stability of feed. These enable reduced waste, lower the segregation in feed, and shorten the eating periods. Animal performance and feed efficiency are attained by pelleting the feed. In aqua feed binders are more important as the feed should not be dispersed in the water for better efficiency of the feed. Furthermore, feed binders are used to improve animal digestion, enhancing the feed's nutritional value. Feed binders are utilized in shifting focuses and amounts relying on species. Feed binders benefit animal performance and infectious prevention combined with better material taking care of attributes. Natural binders are expected to have significant growth rates due to low cost and an increase in consumer preference towards the natural additives for feed which drives the growth of the feed binders market. In November 2016, Borregaard LignoTech launched a new pelleting aid and binder for the aqua feed sector in Asia. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the market report includes a regulatory scenario and competition analysis with a vividly illustrated competition dashboard to assess the market competition.
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Global feed binders market is primarily driven by increased production of meat to meet the growing meat consumption rates. In addition, rising demand for pellet feed, especially in poultry industry and benefits of binders in animal feed such as increase in durability, quality and shortening the eating periods, expected to propel the feed binders market. Furthermore, growing health concerns about the animals and rising trend of organized farming that require integrity and quality feed to transport from one place to another place impel the market growth. However, rising cost of raw materials expected to hamper the feed binders growth market over the forecast period.
The feed binders market size was valued at USD 4.2 billion in 2022
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
Borregaard (Norway) Emsland-Starke GmbH (Germany) Darling International, Inc. (U.S.) FMC Corporation (U.S.), Uniscope, Inc. (U.S.) E.l. du Pont de Nemours and Company (U.S.),