Feed Binders Market size and Scope, Industry snapshot, Leading Companies and Opportunity Analysis by 2030

 Feed Binders Market to reach USD $$million by 2027.Global Feed Binders Market is valued approximately at USD $$Million in 2020 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2021-2027.

Feed binders serve as an additive that can reduce the dusty and powdery nature of fine ground feed materials. Feed binders are used for purposes such as, reducing food wastage, improving digestion in animals and enhancing feed nutritive value. Growing meat consumption worldwide, rapidly growing compound feed industry and growing awareness regarding maintain health of livestock are the factor fueling growth in feed binders market. For instance, according to Statista, global poultry meat consumption is expected to reach 133.35 metric kiloton in 2021, and is also projected to touch the 140 metric kiloton mark by 2025.

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Furthermore, increasing preference for pelleted feed and launch of new products in the market are expected to inject growth in the coming years. In November 2019, Cargill Animal Nutrition and Health unveiled Notox Ultimate Pro, a mycotoxin binder. This product was expected to helps swine farmers tackle the challenges of mycotoxin contamination in feed materials. However, price fluctuations and unsteady raw material supply may hinder the growth during forecast period.

Asia Pacific is leading the global market in terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, and is also expected to grow with the significant growth rate during forecast period. Growing population in the region is increasing the consumption of livestock meat in the region.

Major market player included in this report are:

The Archer Daniels Midland Company
Avebe U.A.
Borregaard ASA
CP Kelco Inc.
Darling Ingredients Inc
DuPont de Nemours, Inc.
Emsland Starke GmbH
FMC Corporation.
Gelita AG
Roquette Fr??res

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Plant Gums and Starches
Gelatin and other hydrocolloids
Other Types
By Source:
By Livestock:
Aquatic Animals
Dogs and Cats
Other Livestock

By Region:
North America

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Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Feed Binders Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Trends like development of new supermarkets and hypermarkets are forecast to create favorable opportunities. Moreover, rising disposable income and growing demand for advanced one-stop solutions would further expand the industrial growth in the coming years.

The value of FMCG sector is forecast to reach US$ 18.5 billion by the end of the year 2028, and is anticipated to grow at a CAGR of 4.9% in the forecast period. Of all the regions, North America is dominating the entire FMCG sector and is forecast to hold the largest market share during the study period. North America FMCG sector is growing significantly owing to change in lifestyles, growing number of supermarkets, and rising urban population. Moreover, the Asia-Pacific is forecast to record the CAGR of 7.8%, because of changing lifestyles, increasing urbanization, and rising employment rate. Apart from that, increasing focus of companies and organizations towards R&D and new product launches would further boost the popularity of FMCG domain and escalate the regional growth of the market.

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What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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