Feed Binders Market: dominated by North America with high market shares of revenue during 2016-2021.
The Feed Binders are used for binding disparate feed elements together and retain a steadied feed form, mould inhibitor agents and other compounds are also added to preserve animal feeds. The growing demand for protein-rich meat products along with rising awareness about the quality of meat and ban on the use of antibiotics as growth promoters in feed additives on animal and human health is moderating and growing the Feed Binders Market during 2016-2021.
Scope and Regional Forecast of the Feed Binders Market:
According to the IndustryARC research analysis studies on the Feed Binders Market growth during 2016-2021 is attributed mainly due to the increasing acceptance of feed binders technology in industrial applications. Europe is expected to have healthy demand for feed binders for consumption in industrial farming livestock and poultry.
North America is the largest market for feed binders, which is followed by Asia Pacific, with the U.S being the major contributor in North America. Asia-pacific region is forecast to have highest progress during the forecast period of 2016 to 2021 in the Feed Binders Market.
The Asia Pacific region in the Feed Binders Market will probably remain a stronger market than European and North American regions for the next five years. The Asia-Pacific region accounted for the second largest market share in 2015 and is anticipated to be the fastest-growing market during the forecast period 2016-2021.
Segmentation and Key Players of the Feed Binders Market:
The Feed Binders Market is segmented into various categories in the IndustryARC marketing research report by type, by livestock, by application and by geography.
- By type: clay, gelatin, collagen, plant gums and starches, molasses, lingo sulphonates and others
- By livestock: poultry, swine, cattle, aquaculture, ruminants and others
- By application: moist, pellets, crumbles and others
- By geography: North America, South America, Europe, Asia Pacific and ROW
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The key players in the Feed Binders Market according to the IndustryARC research report are as follows:
- Archer Daniels Midland Company (The U.S.)
- FMC Corporation (The U.S.)
- Borregaard ASA (Norway)
- Gelita AG (Germany)
- Roquette Freres (France)
The Feed Binders Market is a rapidly growing market with increasing use of feed binder and binders list for livestock and poultry use. This market is expected to witness high growth due to the rise in pelleting feeds and healthy starch pellets for farm animals across the globe during 2016-2021.
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