Feed
binders are entities that are mixed and added in animal feed to meet
the nutritional requirements of animals. They also act as a binding
agent as they hold various particles together in the feed. Feed
binders are combined in animal feed in order to prevent them from
decomposing and to keep the animal feed as a whole. They also provide
important nutrition to animals to improve their growth. Feed binders
are included in animal feed to produce nutritious and safe products
and better pellets which results in improved digestion, and prevents
diseases in animals. Moreover, feed binders also increase the feed
consumption and utility and reduce the wastage of feed. A large
number of feed binders are available and they are used in different
concentrations and varieties depending on the species.
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The
major factor fuelling the demand for the global feed binders market
is the increasing consumption of meat across the world. In addition,
the increase in the preference for pelleted feed among the producers
of animal feed is also fuelling the demand for the feed binders
market across the world. Moreover, the rising awareness for animal
health globally is also a major factor that is fuelling the demand
for the feed binders market across the world.
The
increasing cost of raw materials for feed binders acts a hindrance to
the global feed binders market. Due to this factor, it becomes
difficult for any new player trying to enter the feed binder the
market. Moreover, the major players operating in the feed binders
market also act as a hindrance for any new player trying to enter
this market.
The
increased consumption of compound feed in the Asia Pacific region
will serve as an opportunity for the feed binders market globally. By
product, the global feed binders market is be segmented into natural
feed binders and synthetic feed binders. The natural feed binders
segment is further segmented into wheat, starch and guar meal, clay
and bentonite, specialty gums and hydrocolloids, lignin and other
natural feed binders. The synthetic feed binders segment is further
segmented into pmc, urea-formaldehyde and others. By livestock, the
global feed binders market is be segmented into poultry, swine,
aquaculture, cattle and others. The aquaculture industry is expected
to dominate the global followed by the poultry industry.
Archers
Daniels Midlands Company, CP Kelco, Avebe U.A., Beneo GmbH, FMC
Corporation, Danisco A/S, The Roquette Group, Uniscope Inc and
Ingredion Incorporated are some of the major players that are
operating in the global feed binders market at present.
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