Global Feed Binders Market Size And Upcoming Trends Forecasts 2027

Precision Business Insights published a research report on “Feed Binders Market: By Source (Natural, Synthetic), By Binder (Hemicellulose, Clay, Gelatin, Plant Gums & Starches, Others), By Livestock (Poultry, Swine, Aquaculture, Others) and Geography - Global/Region/Country Forecast to 2027”

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Feed binders are combined or added to animal feed to enhance the nutritional value of the feed and assist the animals in meeting their nutritional needs. Feed binders also help to effectively bind particles in feed. Feed binders help to keep feed together and prevent it from decomposing. Furthermore, feed binders aid in enhancing the utility and intake of feeds while reducing waste. Various feed binders are currently available in the market and are used in varying concentrations and types, according on the animal species. Feed binders produce healthy and safe goods while also preventing feed from dissolving. Feed binders also make it possible to make feeds that are both easy to consume and water stable. Feed binders help to improve feed quality, which improves animal wellness, and consequently improves the quality of animal-derived food.

The increased consumption of different types of non-vegetarian food around the world is one of the key factors driving the global feed binders market. Furthermore, in the coming years, the shift in customer preference toward pallet-shaped feed is projected to boost demand for feed binders. Another major aspect that is expected to promote the expansion of the feed binders market is farmers' growing focus of animal health. Meat consumption is increasing, resulting in increased demand for meat, forcing manufacturers to boost meat circulation in the market. The global feed binders market is also predicted to profit from an ever-increasing population and an increase in buyer discretionary income, particularly in developing countries. Companies are looking for strategic mergers and acquisitions to address the increased demand for feed and feed binders.

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The global feed binders market is fragmented into type and animal type. On the basis of type, the market is fragmented into synthetic and natural. On the basis of animal type, the global market is divided into Ruminant, Poultry, Swine, Aquaculture, and Others. The poultry category dominated the market in 2019. The increased consumption of poultry products is responsible for the segment's rise. During the forecast period, the category is supposed to hold its dominance.

Latin America, Europe, the Middle East and Africa, Asia Pacific, and North America make up the worldwide feed binders market. Because of the increased consumption and usage of meat in these regions, Europe and North America are likely to remain constant consumers of feed binders. In Asia Pacific, manufacturers are likely to find profitable expansion.

The major key players in the global feed binders market are:
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.),
BENEO GmbH (Germany) and
Archer Daniels Midland Company (U.S.)

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