Feed Binders Market Forecast 2020 – 2027 – Top Key Players Analysis
The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.
Top Companies of the Feed Binders Market:
- Archer Daniels Midland Company
- E. I. Du Pont De Nemours and Company
- FMC Corporation
- Darling Ingredients Inc.
- Roquette Freres
- Borregaard ASA
- Gelita AG
- Emsland Starke GmbH
- CP Kelco Inc.
- Avebe U.A.
- Bentoli Inc.
Drivers of the Feed Binders Market:
The major factors boosting the growth of the global feed binders market include the growing consumption of meat and rising health concerns in livestock globally. In addition to this, the drastic increase in the consumption of livestock-based products will further surge the demand for the global feed binders market. Moreover, the inclination of consumers towards pelleted food, coupled with the growing population rate, will directly propel the demand for feed binders globally. The increasing awareness related to animal health and nutrition among consumers and the growing advantage provided by the manufacturers are attracting a large number of consumers to opt for feed binders to improve their animal’s health.
The growing production of meat products and rising focus on improving animal health for preventing diseases will fuel the global feed binders market. Furthermore, the increasing consumption of different types of non-vegetarian food due to the ability of feed binders to enhance the quality of feed, which helps in surging animal health and performance, will further energize the demand for feed binders. On the other edge of the spectrum, the rapidly growing cost of raw materials of feed binders will hamper the global feed binders market.
Segmentation of the Feed Binders Market:
By Source:
- Natural Polymers
- Synthetic Polymers
By Type:
- Clay
- Plant Gums & Starches
- Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids
- Gelatin
- Molasses
- Others
By Livestock:
- Poultry
- Ruminants
- Swine
- Others
By Region:
- North America
o United States of America
o Canada
- Asia Pacific
o China
o Japan
o India
o Rest of APAC
- Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
- RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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