Feed Binders Market Size Report, Industry Share, Analysis, Growth, 2032

Feed Binders Market Insights

According to Zion Market Research, the global Feed Binders Market was worth USD 4.53 Billion in 2023. The market is forecast to reach USD 6.83 Billion by 2032, growing at a compound annual growth rate (CAGR) of 4.67% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Feed Binders Market industry over the next decade.

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Feed binders are natural or synthetic ingredients, which are added to improve feed performance. Its major objective is to keep individual components of feed intact and inhibit decomposition. It improves animal health by reducing livestock disease. Common examples of feed binders are gums & starches, clay, hydrocolloids, gelatin, molasses, and wheat gluten.

Key players in the market are continuously working on production techniques and rising research and development activities in the market will further create new opportunities for the Feed Binders market in the forecast period of 2021- 2028.  

Feed Binders Market: COVID-19 Impact Analysis

The global Feed Binders market has witnessed a slight decline drastically by demand destruction. The restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. However, the global markets are slowly opening to their full potential and theirs a surge in demand for binders. The market would remain bullish in the upcoming year.  The significant decrease in the global Feed Binders market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.    

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Feed Binders Market: Growth Factors

The growing demand for cereal grains and reversal of health consciousness among consumers will likely drive growth of the feed binders market in the near future. The rising health consciousness among consumers had reached unprecedented levels before the coronavirus crisis. Consumers were increasingly opening up wallets to avert risks like diabetes and heart complications from traditional products like red meat. This caused a paradigm shift apparent in the approach of large chains like Burger King which has introduced organic burgers, which taste like meat but is completely organic in nature. 

However, reduced disposable income globally will mean these trends will take a backseat in the near future as organic products tend to be more expensive than mass-produced poultry or other animal meat products. The feed binder products are important for providing nutrients to animals and reducing their demand significantly for diseases. The improving digestion of animals and growing influx of diseases among livestock provides an important opportunity for the growth of the feed binders market in near future.

Feed Binders Market: Report Scope

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Feed Binders Market: Segment Analysis Preview  

The global feed binders market report will be segmented on the basis of livestock into ruminants, poultry, swine, and other animals. The demand for poultry as traditionally will likely remain high. Moreover, the demand will likely spur as coronavirus crisis has been identified among animals, and presents a new danger to species like swine. The global feed binders market report will also be segmented on the basis of type into plants, clay, molasses, gums & starches, hemicellulose, wheat, lignosulphonates, CMC, and other hydrocolloids. The report can also be customized to gain insights into different regions including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Feed Binders Market: Application Segment Analysis Preview  

The type segment of the feed binders market is classified into plant gums & starches, clay, molasses, gelatin, hemicellulose, lignosulphonates, wheat gluten & middlings, and CMC & other hydrocolloids. The largest share in the market is anticipated to be held by the clay segment as it functions as a lubricating and binding agent in the manufacture of pelleted feeds. Generally, clay materials like kaolin, zeolites, and bentonites are utilized as feed binders within the industry. Clay’s use in poultry feed is rising attributable to its water absorption traits to decrease the wet drops. All these factors are expected to boost the growth of the clay segment in the near future.

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Key Market Players & Competitive Landscape

Some of the major players of global Feed Binders market includes

• DuPont
• Archer Daniels Midland Company
• Darling Ingredients Inc.
• FMC Corporation
• Borregaard ASA
• RoquetteFreres
• Emsland Starke GmbH
• Gelita AG
• Avebe U.A.
• CP Kelco Inc.,
• Among Others.

Request Free SampleThe global Feed Binders Market is segmented as follows:

By Livestock’s

• Ruminants
• Swine
• Poultry
• Other Animals Services

By Types

• Plant Gums & Starches
• Clay
• Molasses
• Gelatin
• Hemicellulose
• Lignosulphonates
• Wheat Gluten & Middlings
• CMC
• Other Hydrocolloids

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa