HOME › Top Market Reports › Feed Binders Market by Type (Clay, Plant Gums & Starches, Gelatin, Molasses, Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids, Wheat Gluten & Middlings, Others), Livestock (Poultry, Swine, Ruminants, Others), & by Region - Global Forecast to 2020

Feed Binders Market by Type (Clay, Plant Gums & Starches, Gelatin, Molasses, Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids, Wheat Gluten & Middlings, Others), Livestock (Poultry, Swine, Ruminants, Others), & by Region - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: November 2015
Report Code: AGI 2304

This report estimates the size of the global feed binders market both in terms of value and volume. In terms of value, the market for feed binders is projected to grow at a CAGR of 3.4% to reach USD 4.96 Billion by 2020. The market was dominated by the Asia-Pacific region in 2014 wherein China, India, and Indonesia were the fast-growing markets in 2014. In the next five years, the lignosulphonates, hemicellulose, CMC & other hydrocolloids segment is projected to gain better prospects as the fastest-growing in various geographic regions. The application of feed binders is projected to witness strong demand from poultry and swine breeding industries.

This report provides complete analysis of key global players in the feed binders market, with a clear insight on developments, trends, and their product portfolio. This report includes the profile of the leading players of this industry such as Archer Daniels Midland Company (ADM) (U.S.), FMC Corporation (U.S.), E. I. du Pont de Nemours and Company (U.S.), Darling Ingredients Inc. (U.S.), Roquette Freres (France), and Borregaard ASA (Norway). The current competitive scenario of the feed binders market provides valuable inputs that can validate the strategic decisions to be employed in the future by manufacturers.

Due to a significant transformation towards organized farming and demand for compound feed, backyard farms and domestic feed integrators have been utilizing the services of commercial feed manufacturers. With a huge opportunity observed in the commercial feed market, feed binders are projected to play an important role in defining the quality and durability of feed in forms such as pellets, crumbles, moist, or semi-moist feeds.

Companies engaged in the development and marketing of feed binder portfolio comprising lignin, clay, gelatin, carrageenan, and guar & locust bean gum can avail a concrete view about the market structure in key countries. The report projects the analytical and qualitative requirements for important stakeholders involved in the feed binders market, such as compound feed manufacturers & traders, feed formulators & integrators, specialty ingredient manufacturers, and pet food industries.

Scope of the Report

This report focuses on the feed binders market. The research categorizes feed binders on the basis of ingredient type, livestock, and region.

On the basis of the ingredient type, the feed binders market has been segmented as follows:

Clay
Plant gums & starches
Lignosulphonates, hemicellulose, CMC & other hydrocolloids
Gelatin
Molasses
Wheat gluten & middlings
Other ingredients (polymethylocarbamide and urea formaldehyde)

On the basis of livestock, the feed binders market has been segmented as follows:

Poultry
Ruminants
Swine
Other animals (aquatic animals, pet animals, and equines)

On the basis of region, the feed binders market has been segmented as follows:

North America
Europe
Asia-Pacific
Latin America
Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Product Analysis

Product matrix which gives a detailed comparison of product portfolio of each company

Regional Analysis

Further breakdown of the Rest of European feed binders market into the Netherlands, Belgium, and Poland
Further breakdown of the Rest of Asia-Pacific feed binders market into Thailand, Vietnam, and the Philippines
Further breakdown of the Rest of the Latin American feed binders market into Chile and Colombia
Further breakdown of the other countries in RoW feed binders market into Iran, Israel, and Algeria

Company Information

· Detailed analysis and profiling of additional market players (Up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders
    1.6 Limitations

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Sources
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Sources
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
                    2.2.2.1 Food Security for Growing Population
                    2.2.2.2 Increase in Global Meat Consumption
           2.2.3 Supply-Side Analysis
                    2.2.3.1 Availability of Feed Binding Ingredients
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions & Limitations
           2.5.1 Assumptions
           2.5.2 Limitations

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 35)
    4.1 Extensive Market Opportunities in Feed Binders Market
    4.2 Feed Binders Market, Key Livestock Segments (USD Million)
    4.3 Asia-Pacific Dominates the Market With Its Strong Livestock Base, 2014
    4.4 Feed Binders Market, By Top 10 Countries, 2014
    4.5 Feed Binders Market: Developed vs Developing Nations
    4.6 Feed Binders Market Size, By Type & Region, 2014
    4.7 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 43)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 Feed Binders Market, By Type
           5.3.2 Feed Binders Market, By Livestock
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Growth in Compound Feed Consumption
           5.4.2 Restraints
                    5.4.2.1 Price Volatility and Availability of Raw Materials
                    5.4.2.2 Regulatory Bans and Restrictions
           5.4.3 Opportunities
                    5.4.3.1 Developing Countries Emerge as Strong Consumers for Feed Binders
           5.4.4 Challenges
                    5.4.4.1 to Identify Cost-Efficient Nutritive Binders
    5.5 Regulations
           5.5.1 European Commission
           5.5.2 U.S.
           5.5.3 China
           5.5.4 Canada
           5.5.5 Brazil
           5.5.6 Japan
           5.5.7 South Africa

6 Industry Trends (Page No. - 53)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Value Chain Analysis
    6.4 Porter’s Five Forces Analysis
           6.4.1 Intensity of Competitive Rivalry
           6.4.2 Threat of New Entrants
           6.4.3 Threat of Substitutes
           6.4.4 Bargaining Power of Suppliers
           6.4.5 Bargaining Power of Buyers

7 Feed Binders Market, By Brand (Page No. - 60)
    7.1 Introduction
           7.1.1 Darling Ingredients Inc.: Pro-Bind Plus
           7.1.2 Roquette Freres: Clearam
           7.1.3 E.I.Dupont De Nemours and Company (Nutrition & Health) : Grindsted
           7.1.4 Archer Daniels Midland Co.
                    7.1.4.1 Aquatex
                    7.1.4.2 Novaxan
           7.1.5 Borregaard ASA
                    7.1.5.1 Lignobond Dd
                    7.1.5.2 Pelltech

8 Feed Binders Market, By Type (Page No. - 62)
    8.1 Introduction
    8.2 Clay
    8.3 Plant Gums & Starches
           8.3.1 Plant Gums
           8.3.2 Starches
    8.4 Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids
           8.4.1 Lignosulphonates
           8.4.2 Hemicellulose
           8.4.3 Carboxymethylcellulose
           8.4.4 Other Hydrocolloids
    8.5 Gelatin
    8.6 Molasses
    8.7 Wheat Gluten & Middlings
    8.8 Other Types

9 Feed Binders Market, By Livestock (Page No. - 80)
    9.1 Introduction
    9.2 Poultry
    9.3 Ruminants
    9.4 Swine
    9.5 Other Animals

10 Feed Binders Market, By Region (Page No. - 95)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Mexico
             10.2.3 Canada
     10.3 Europe
             10.3.1 Russia
             10.3.2 Germany
             10.3.3 France
             10.3.4 Spain
             10.3.5 U.K.
             10.3.6 Italy
             10.3.7 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 China
             10.4.2 India
             10.4.3 Japan
             10.4.4 Indonesia
             10.4.5 South Korea
             10.4.6 Other Countries in Asia-Pacific
     10.5 Latin America
             10.5.1 Brazil
             10.5.2 Argentina
             10.5.3 Other Countries in Latin America
     10.6 Rest of the World (RoW)
             10.6.1 South Africa
             10.6.2 Egypt
             10.6.3 Other Countries in RoW

11 Competitive Landscape (Page No. - 129)
     11.1 Overview
     11.2 Feed Binders Market: Growth Strategies, By Company
     11.3 Competitive Situation & Trends
     11.4 Expansions & Investments
     11.5 Acquisitions
     11.6 Agreements

12 Company Profiles (Page No. - 135)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 Archer Daniels Midland Company
     12.3 FMC Corporation
     12.4 E.I. Dupont De Nemours and Company (Dupont Nutrition & Health)
     12.5 Darling Ingredients Inc.
     12.6 Roquette Freres
     12.7 Borregaard ASA
     12.8 Gelita AG
     12.9 Emsland Starke GmbH
     12.10 J. M. Huber Corporation
     12.11 Avebe U.A.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 156)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports

List of Tables (92 Tables)

Table 1 Feed Binders Market Size, By Type, 2013–2020 (USD Million)
Table 2 Feed Binders Market Size, By Type, 2013–2020 (‘000 Tons)
Table 3 Clay Market Size, By Region, 2013–2020 (USD Million)
Table 4 Clay Market Size, By Region, 2013–2020 (‘000 Tons)
Table 5 Plant Gums & Starches Market Size, By Region, 2013–2020 (USD Million)
Table 6 Plant Gums & Starches Market Size, By Region, 2013–2020 (‘000 Tons)
Table 7 Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids Market Size, By Region, 2013–2020 (USD Million)
Table 8 Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids Market Size, By Region, 2013–2020 (‘000 Tons)
Table 9 Gelatin Market Size, By Region, 2013–2020 (USD Million)
Table 10 Gelatin Market Size, By Region, 2013–2020 (‘000 Tons)
Table 11 Molasses Market Size, By Region, 2013–2020 (USD Million)
Table 12 Molasses Market Size, By Region, 2013–2020 (‘000 Tons)
Table 13 Wheat Gluten & Middlings Market Size, By Region, 2013–2020 (USD Million)
Table 14 Wheat Gluten & Middlings Market Size, By Region, 2013–2020 (‘000 Tons)
Table 15 Other Feed Binders Market Size, By Region, 2013–2020 (USD Million)
Table 16 Other Feed Binders Market Size, By Region, 2013–2020 (‘000 Tons)
Table 17 Feed Binders Market Size, By Livestock, 2013–2020 (USD Million)
Table 18 Feed Binders Market Size, By Livestock, 2013–2020 (‘000 Tons)
Table 19 Poultry: Feed Binders Market Size, By Region, 2013–2020 (USD Million)
Table 20 Poultry: Feed Binders Market Size, By Region, 2013–2020 (‘000 Tons)
Table 21 Poultry: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 22 Poultry: Feed Binders Market Size, By Type, 2013-2020 ('000 Tons)
Table 23 Ruminants: Feed Binders Market Size, By Region, 2013–2020 (USD Million)
Table 24 Ruminants: Feed Binders Market Size, By Region, 2013–2020 (‘000 Tons)
Table 25 Ruminants: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 26 Ruminants: Feed Binders Market Size, By Type, 2013-2020 ('000 Tons)
Table 27 Swine: Feed Binders Market Size, By Region, 2013–2020 (USD Million)
Table 28 Swine: Feed Binders Market Size, By Region, 2013–2020 (‘000 Tons)
Table 29 Swine: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 30 Swine: Feed Binders Market Size, By Type, 2013-2020 ('000 Tons)
Table 31 Other Animals: Feed Binders Market Size, By Region, 2013–2020 (USD Million)
Table 32 Other Animals: Feed Binders Market Size, By Region, 2013–2020 (‘000 Tons)
Table 33 Other Animals: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 34 Other Animals: Feed Binders Market Size, By Type, 2013-2020 ('000 Tons)
Table 35 Feed Binders Market Size, By Region, 2013-2020 (USD Million)
Table 36 North America: Feed Binders Market Size, By Country, 2013-2020 (USD Million)
Table 37 North America: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 38 U.S.: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 39 U.S.: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 40 Mexico: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 41 Mexico: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 42 Canada: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 43 Canada: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 44 Europe: Feed Binders Market Size, By Country, 2013-2020 (USD Million)
Table 45 Europe: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 46 Russia: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 47 Russia: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 48 Germany: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 49 Germany: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 50 France: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 51 France: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 52 Spain: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 53 Spain: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 54 U.K.: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 55 U.K.: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 56 Italy: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 57 Italy: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 58 Rest of Europe: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 59 Rest of Europe: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 60 Asia-Pacific: Feed Binders Market Size, By Country, 2013-2020 (USD Million)
Table 61 Asia-Pacific: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 62 China: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 63 China: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 64 India: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 65 India: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 66 Japan: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 67 Japan: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 68 Indonesia: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 69 Indonesia: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 70 South Korea: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 71 South Korea: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 72 Other Countries in Asia-Pacific: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 73 Other Countries in Asia-Pacific: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 74 Latin America: Feed Binders Market Size, By Country, 2013-2020 (USD Million)
Table 75 Latin America: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 76 Brazil: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 77 Brazil: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 78 Argentina: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 79 Argentina: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 80 Other Countries in Latin America: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 81 Other Countries in Latin America: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 82 RoW: Feed Binders Market Size, By Country, 2013-2020 (USD Million)
Table 83 RoW: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 84 South Africa: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 85 South Africa: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 86 Egypt: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 87 Egypt: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 88 Other Countries in RoW: Feed Binders Market Size, By Type, 2013-2020 (USD Million)
Table 89 Other Countries in RoW: Feed Binders Market Size, By Livestock, 2013-2020 (USD Million)
Table 90 Expansions & Investments, 2014-2015
Table 91 Acquisitions, 2012-2015
Table 92 Agreements, 2014-2015

List of Figures (63 Figures)

Figure 1 Feed Binders Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 4 Global Population Projected to Reach ~9.5 Billion By 2050
Figure 5 Global Meat Consumption, By Meat Type, 2010–2014 (Million Tons)
Figure 6 Export Data of Important Binder Ingredient Suppliers, 2014 (‘000 Tons vs USD Million)
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Assumptions of the Study
Figure 11 Limitations of the Study
Figure 12 Clay: the Largest Market, 2015 vs 2020 (USD Million)
Figure 13 Increasing Demand for Feed Binders in Poultry Segment, 2015 (USD Million)
Figure 14 Feed Binders Market Snapshot: Asia-Pacific Accounted for the Largest Share, 2014 (USD Million)
Figure 15 Significant Growth Potential Associated With Feed Binder Usage, 2015-2020 (USD Billion)
Figure 16 Increased Livestock-Based Specialization to Meet Feed Quality and Nutrition, 2015-2020 (USD Million)
Figure 17 Improved Livestock Management Practices Boost the Market in the Asia-Pacific Region, 2014 (USD Billion)
Figure 18 China Projected to Be A Growing Platform for Various Product Launches From 2015 to 2020
Figure 19 Developing Markets Provide Strong Opportunities for Early Movers, 2015-2020 (USD Million)
Figure 20 European Pet Food Manufacturers Attained Significant Market Share in Gelatin & Gums, 2014 (USD Million)
Figure 21 Feed Binders Exhibited Steady Growth Significant Enough to Boost Future Potential, 2014
Figure 22 Feed Binders Market Evolution
Figure 23 Feed Binders Market Segmentation, By Type
Figure 24 By Livestock
Figure 25 Market Dynamics
Figure 26 Global Compound Feed Production, 2011-2014 (Million Mt)
Figure 27 Sourcing Quality Ingredients & End Product Distribution: Critical Checkpoints
Figure 28 Production & Assembly: Main Phases of Value Addition
Figure 29 Porter’s Five Forces Analysis: Industrial Rivalry Intensified Through Market Expansion
Figure 30 Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids to Be the Fastest-Growing Segment of Feed Binders, 2015 vs 2020 (USD Million)
Figure 31 Increasing Marketability of Clay as Cost-Effective Binder
Figure 32 Guar Gum & Tapioca Starch Boosted the Segment Growth in Asia-Pacific Region, 2015 vs 2020 (USD Million)
Figure 33 Asia-Pacific is the Fastest-Growing Market for Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids, 2015–2020
Figure 34 Latin America is Projected to Grow Faster Than Europe, 2015 vs 2020 (USD Million)
Figure 35 Asia-Pacific & Europe are Projected to Lead This Segment, 2015 vs 2020, (USD Million)
Figure 36 Europe is Projected to Surpass Asia-Pacific Market By 2020 (USD Million)
Figure 37 North America & Europe: Significant Drop in Demand Due to Restricted Usage , 2015 vs 2020 (USD Million)
Figure 38 Strong Growth Projected in Poultry Segment, 2015 vs 2020 (USD Million)
Figure 39 Asia-Pacific: Increasing Demand for Pelleted Feeds, 2015–2020 (USD Million)
Figure 40 Europe Dominated the Ruminants Segment, 2015 – 2020 (USD Million)
Figure 41 Strong Growth Projected in the Asia-Pacific Region, 2015–2020 (USD Million)
Figure 42 Aquatic Feed Binder Expected to Boost the Growth in This Segment, 2015–2020 (USD Million)
Figure 43 Geographic Snapshot: Asia-Pacific Countries are Emerging Hotspots (2015-2020)
Figure 44 North American Feed Binders Market: A Snapshot
Figure 45 European Feed Binders Market: A Snapshot
Figure 46 Asia-Pacific Feed Binders Market: A Snapshot
Figure 47 Latin American Feed Binders Market: A Snapshot of Key Binder Types
Figure 48 RoW Feed Binders Market: A Snapshot of Key Binder Types
Figure 49 Expansions & Acquisitions: Leading Approach of Key Companies
Figure 50 Feed Binders Market Share (Development), By Company, 2012-2015
Figure 51 Increasing Scale of Operations Through Expansions and Acquisitions, 2014-2015
Figure 52 Business Unit Expansion: Popular Strategies to Strengthen Global Operation
Figure 53 Geographical Revenue Mix of Leading Market Players, 2014
Figure 54 Archer Daniels Midland Company: Company Snapshot
Figure 55 Archer Daniels Midland Company: SWOT Analysis
Figure 56 FMC Corporation: Company Snapshot
Figure 57 FMC Corporation: SWOT Analysis
Figure 58 E.I. Du Pont De Nemours and Company: Company Snapshot
Figure 59 Dupont Nutrition & Health: SWOT Analysis
Figure 60 Darling Ingredients Inc.: Company Snapshot
Figure 61 Darling Ingredients Inc.: SWOT Analysis
Figure 62 Roquette Freres: SWOT Analysis
Figure 63 Borregaard ASA : Company Snapshot

The feed binders market is projected to reach USD 4.96 Billion by 2020, at a CAGR of 3.4% from 2015 to 2020. Feed binders are used to bind the different feed particles together and keep a stabilized feed form. The market for feed binder products has a significant impact in the animal meat industry. Feed binders are broadly categorized based on their type into clay, plant gums & starches, lignosulphonates, hemicellulose, CMC & other hydrocolloids, gelatin, molasses, wheat gluten & middlings, and others that include PMC and urea formaldehyde. The feed binders market is also segmented on the basis of livestock into poultry, ruminants, swine, and other animals which includes aquatic animals, pet animals, and equines.

Growing awareness regarding the importance of health and hygiene of livestock has been a significant driving force for this market after the immense livestock loss caused by avian flu outbreaks in Asia-Pacific countries. Binders bring about stability to feed pellets, enhance the palatability of the feed, and are also used to enrich nutrition levels.

The market for feed binders in the Asia-Pacific region is projected to reach nearly USD 1.63 Billion by 2020 and is expected to remain a stronger market than European and North American regions in the next five years. The Asia-Pacific region accounted for the largest market share in 2015 and is projected to be the fastest-growing market during the forecast period.

The key players in this market have been involved in the process of developing a range of customized solutions to target specific needs of livestock breeders. Thus, the feed binders market has been gaining more global presence and acceptance among customers. Leading participants in the feed binders market include Archer Daniels Midland Company (ADM) (U.S.), FMC Corporation (U.S.), E. I. du Pont de Nemours and Company (U.S.), Darling Ingredients Inc. (U.S.), Roquette Freres (France), and Borregaard ASA (Norway). Expansions and acquisitions have been the key growth strategies to increase the global presence of the leading players in the feed binders market.

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