Feed Binders Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Feed Binders Market: Market Segments:

By Type

(Lignosulfonates, Plant gums & starches, Gelatin & other hydrocolloids, Molasses, Clay and Other); By Livestock (Ruminants, Poultry, Swine, Aquatic animals, Pets and Equine); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Natural or synthetic ingredients are feed binders that are added to enhance feed efficiency. The primary aim of these binders is to hold intact the individual feed components and prevent decomposition. They also boost animal health by reducing livestock diseases, in addition to improving the stability and consistency of feed. Gums & starch, clay, hydrocolloids, gelatin, molasses, and wheat gluten are the most popular binders used in feed.
Market Highlights
Feed Binders Market is expected to project a notable CAGR of 3.5% in 2030.
Feed Binders Market to surpass USD 8.7 billion by 2030 from USD 4.28 billion in 2019 at a CAGR of 3.5% throughout the forecast period, i.e., 2020-30. The Global Feed Binder Market due to enhanced stability, functionality, low inclusion value and cost effectiveness. Growing population growth, increasing consumption of meat products, decreasing preference for pelleted foods and increasing knowledge of animal nutrition and health among individuals are expected to further fuel demand for Feed Binders during the forecast period, leading to growth in the Feed Binder Market during the forecast period
Feed Binders Market: Segments
Lignosulphonates segment to grow with the highest CAGR during 2020-30
Feed Binders Market is segmented by type into Lignosulfonates, Plant gums & starches, Gelatin & other hydrocolloids, Molasses, Clay and Other. lignosulphonates based Feed Binders, led the market in 2019, accounting for XX.X% of market share. Improved health and higher milk production resulted from the use of probiotic yeast in ruminant feed.
Feed Binders Market: Market Dynamics
Drivers
Expansion of Animal Meat Market
Growth of the feed binder industry is due mainly to the expansion of the market for animal meat. Increased global consumption of meat and an increase in animal health issues have led the industry to purchase a higher volume of feed binders. By venturing into R&D for better manufacturing and management strategies, leading businesses are searching for advancements in the industry. The feed industry plays a vital role in solving global food and agriculture problems.
Restrain
Price volatility and availability of raw materials
Binding agents are highly effective binders, such as guar gum, maize starch, agar, carrageenan, and gelatin, but they are very costly to include in the feed. Farmers opt for binders with high-cohesive properties to maximise the cost of feed ingredients, compound feed mixers, or livestock to minimise the amount of inclusion as well as to reduce the cost.
Feed Binders Market: Key Players
• Archer Daniels Midland Company
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis
• Jinan Tiantianxiang Co., Ltd.
• Sichuan Groupeve Co. ltd
• Darling Ingredients Inc
• M. Huber Corporation
• FuZhou Wonderful Biological Technology Co.ltd
• Panay Mineral Product Resources Corp.
• I Du pont de Nemours and company
• Huzhimpex internationall ltd
Feed Binders Market: Regions
Feed Binders Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Feed Binders Market in Asia Pacific held the largest market share of XX.X% in the year 2019 the consumption rate of meat products in East Asia had witnessed rapid growth. The ban on the use of antibiotics as a growth promoter in the livestock sector in the European and North American countries has however, indirectly affected the countries of the Asia Pacific region. This has prompted main feed additives businesses to produce natural growth promoters and health supplements. After the ban, creative ways of encouraging animal development by products with similar benefits have been found by livestock producers by replacing antibiotic growth promoters with microbial feed additives that have antibiotic properties.
Feed Binders Market report also contains analysis on:
Feed Binders Market Segments:

By Type

:
• Lignosulfonates
• Plant gums & starches
• Gelatin & other hydrocolloids
• Molasses
• Clay
• Other
By Livestock:
• Ruminant
• Poultry
• Swine
• Aquaculture
• Pets
• Horses
• Others

• Feed Binders Market Dynamics
• Feed Binders Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

FAQs on Feed Binders Market
· Which segment is anticipated to hold the largest market share?
· At what CAGR is the market anticipated to grow between 2020 and 2030?
· Who are the key players in the Feed Binders Market?
· What could be the challenging factors in the growth of Feed Binders Market?
· What are the growth drivers for the Feed Binders Market?

Frequently Asked Questions