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Feed Binder Market Overview- Global Trends & Forecasts to 2018
Feed binders form a very vital part of the feed industry. Various types of binders are used, which help in providing the required essential nutrients and minerals with the animal feed. The market of animal feed binders is fueled by the expansions of the organizations manufacturing them. The expansions of the organizations help the feed binder industry to expand its market, globally. Asia-Pacific and North America are the growing markets, and such growth helps in increasing the availability of animal feed binder in the global market
The Asia-Pacific market is growing at a significant rate. It is because of the increasing economy of the countries and the per capita consumption of meat, in the region .The North American animal feed binders market is quite a developed one and is projected to grow at a higher rate as compared to the European countries. Companies such as Danisco (Denmark)), CP Kelco (U.S.)and Borregaard Group (Norway) are strengthening their portfolio by expanding the business in the feed binders sector. They also use acquisitions as a strategy to further penetrate the market.
Feed Binder Market by Type (Natural, Synthetic), Livestock & Geography - Trends & Forecast up to 2018
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