Feed Binders Market Competitive And Growth Analysis 2024 | The Emsland Group, DuPont de Nemours Inc., Darling Ingredients Inc., Roquette Frères, Borregaard ASA

"The new report published by The Business Research Company, titled ""Feed Binders Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the feed binders market size has grown strongly in recent years. It will grow from $5.62 billion in 2023 to $6.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The feed binders market size is expected to see strong growth in the next few years. It will grow to $7.85 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.

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Rising Consumption Of Livestock-Based Products
The increasing consumption of livestock-based products is expected to propel the growth of the feed binders market going forward. Livestock-based products refer to products derived from animals such as meat and meat products, poultry products (meat and eggs), fish, shellfish, and dairy products (milk and cheese). Feed binder is incorporated into livestock feed to trap mycotoxins and prevent them from entering the bloodstream, where they could cause catastrophic injury to the animals. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australian government agency responsible for statistical collection and analysis, in terms of seasonal adjustments for the quarter ending March 2022, chicken meat production increased by 3.2%. Therefore, the increasing consumption of livestock-based products is driving the feed binders market.

Focus On Launch Of Innovative Products
Product innovations are a key trend gaining popularity in the feed binder market. Major companies operating in the feed binders market are focused on developing new products to sustain their position in the market. For instance, in April 2022, Manaseer Industrial Complex Co, a part of the Manaseer Group, a Jordan-based company, launched a mineral-based feed additive with mycotoxin binding capabilities named Animax. The product is designed to boost the nutrition, health, and immunity of animals through its effectiveness as a mycotoxin binder and its primary goal is to reduce the harmful effects of feed-related types of mycotoxins, mainly Aflatoxin B1.

The feed binders market covered in this report is segmented -

1) By Type: Lignosulfonates, Plant Gums And Starches, Gelatin And Other Hydrocolloids, Molasses, Clay, Other Types
2) By Source: Natural, Synthetic
3) By Application: Moists, Pellets, Crumbles

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Major companies operating in the feed binders market report are The Emsland Group, DuPont de Nemours Inc., Darling Ingredients Inc., Roquette Frères, Borregaard ASA, CP Kelco Inc., Cra-Vac Industries Inc., Beneo GmbH, Kemin Indistries Inc., Alltech, Visco Starch, BASF SE, Bentoli AgriNutrition Pvt. Ltd., Uniscope Inc., Allwyn Chem Industries, The cooperative Royal Avebe U. A., Danisco A/S, Archer Daniels Midland Company, Borregaard, FMC Corporation, Gelita AG, Ingredion Incorporated, Kalsec Inc., Kerry Group plc, Novozymes A/S, Nutreco NV, Perstorp Holding AB, Phibro Animal Health Corporation, Solvay S. A., Trouw Nutrition LLC

Contents of the report:
1. Executive Summary
2. Feed Binders Market Report Structure
3. Feed Binders Market Trends And Strategies
4. Feed Binders Market - Macro Economic Scenario
5. Feed Binders Market Size And Growth
…..
27. Feed Binders Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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