The global Feed Binders market accounted for USD 4.3 Billion in 2020 and is expected to reach USD 5.8 Billion by 2028, growing at a CAGR of around 3.6% between 2021 and 2028.
Market Overview
The global Feed Binders market accounted for USD 4.3 Billion in 2020 and is expected to reach USD 5.8 Billion by 2028, growing at a CAGR of around 3.6% between 2021 and 2028.
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. The common examples of the 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.
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 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.
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 binders products are important for providing nutrient to animals, and reduces their demand significantly of diseases. The improving digestion of animals and growing influx of diseases among livestock provides an important opportunity for the growth of feed binders market in near future.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
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 swines. 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.
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.
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., and CP Kelco Inc., among others.
The global Feed Binders Market is segmented as follows:
By Livestock’s
By Types
By Region
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Livestock
FIG NO. 2. Market Attractiveness Analysis, By Type
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Feed Binders Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Livestock, 2020 & 2028
FIG NO. 7. Global Feed Binders Market for Ruminants, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Feed Binders Market for Ruminants, By Country, 2020 & 2028
FIG NO. 9. Global Feed Binders Market for Swine, Poultry, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Feed Binders Market for Swine, Poultry, By Country, 2020 & 2028
FIG NO. 11. Global Feed Binders Market for Other Animals Services, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Feed Binders Market for Other Animals Services, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 14. Global Feed Binders Market for Plant Gums & Starches, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Feed Binders Market for Plant Gums & Starches, By Country, 2020 & 2028
FIG NO. 16. Global Feed Binders Market for Clay, Revenue (USD Billion) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Feed Binders Market for Clay, By Country, 2020 & 2028
FIG NO. 18. Global Feed Binders Market for Molasses, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Feed Binders Market for Molasses, By Country, 2020 & 2028
FIG NO. 20. Global Feed Binders Market for Gelatin, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Feed Binders Market for Gelatin, By Country, 2020 & 2028
FIG NO. 22. Global Feed Binders Market for Hemicellulose, Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Feed Binders Market for Hemicellulose, By Country, 2020 & 2028
FIG NO. 24. Global Feed Binders Market for Lignosulphonates, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Feed Binders Market for Lignosulphonates, By Country, 2020 & 2028
FIG NO. 26. Global Feed Binders Market for Wheat Gluten &Middlings, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Feed Binders Market for Wheat Gluten &Middlings, By Country, 2020 & 2028
FIG NO. 28. Global Feed Binders Market for CMC & Other Hydrocolloids, Revenue (USD Billion) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Feed Binders Market for CMC & Other Hydrocolloids, By Country, 2020 & 2028
FIG NO. 30. Global Feed Binders Market Revenue Share, By Region, 2020 & 2028
FIG NO. 31. North America Feed Binders Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 32. Porter’s Five Forces Analysis for Global Feed Binders Market
FIG NO. 33. PEST Analysis for Global Feed Binders Market
FIG NO. 34. Pricing Analysis for Global Feed Binders Market
FIG NO. 35. Value Chain Analysis for Global Feed Binders Market
FIG NO. 36. Company Share Analysis, 2019
FIG NO. 37. Radar Determinant Chart, 2019
FIG NO. 38. Company Strategic Developments – Heat Map Analysis
FIG NO. 39. DuPont Business Segment Revenue Share, 2020 (%)
FIG NO. 40. DuPont Geographical Segment Revenue Share, 2020 (%)
FIG NO. 41. Market Channels
FIG NO. 42. Marketing Channel Development Trend
FIG NO. 43. Growth in World Gross Product, 2008-2018
FIG NO. 44. Research Methodology – Detailed View
FIG NO. 45. Research Methodology
List of Tables
TABLE NO. 1. Global Feed Binders Market: Snapshot
TABLE NO. 2. Quarterly Feed Binders Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Feed Binders Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Feed Binders Market for Ruminants, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Feed Binders Market for Swine, Poultry, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8 Global Feed Binders Market for Other Animals Services, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Feed Binders Market for Plant Gums & Starches, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10 Global Feed Binders Market for Clay, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Feed Binders Market for Molasses, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Feed Binders Market for Gelatin, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13: Global Feed Binders Market for Hemicellulose, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Feed Binders Market for Lignosulphonates, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Feed Binders Market for Wheat Gluten &Middlings, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Feed Binders Market for CMC & Other Hydrocolloids, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. Global Feed Binders Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 18. North America Feed Binders Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 19. North America Feed Binders Market Revenue, By Livestock, 2016 – 2028 (USD Billion)
TABLE NO. 20. North America Feed Binders Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. U.S. Feed Binders Market Revenue, By Livestock, 2016 – 2028 (USD Billion)
TABLE NO. 22. U.S. Feed Binders Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. Canada Feed Binders Market Revenue, By Livestock, 2016 – 2028 (USD Billion)
TABLE NO. 24. Canada Feed Binders Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 25. Mexico Feed Binders Market Revenue, By Livestock, 2016 – 2028 (USD Billion)
TABLE NO. 26. Mexico Feed Binders Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 27. Drivers for the Feed Binders Market: Impact Analysis
TABLE NO. 28. Restraints for the Feed Binders Market: Impact Analysis
TABLE NO. 29. Major Buyers of Feed Binders
TABLE NO. 30. Distributors/Traders List of Feed Binders
TABLE NO. 31. Global Feed Binders Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 32: Global Feed Binders Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
Request the coronavirus impact analysis across industries and markets
Regionally, the feed binders market is expected to witness substantial growth in Asia Pacific region as a result of its constantly increasing population, urbanization, and rising per capita income in this region. Further, over the past few years, the poultry and ruminants feed production in this region has been witnessed to grow a greater pace.
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., and CP Kelco Inc., among others.
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