Feed Binders Market by Type (Clay, Plant Gums & Starches, Gelatin, Molasses, Lignosulphonates, Hemicellulose, CMC & Other Hydrocolloids, Wheat Gluten & Middlings), Livestock (Poultry, Swine, Ruminants, Other Animals), Region - Global Forecast to 2025
[172 Pages Report] The global feed binders market size is estimated to account for a value of USD 4.8 billion in 2019 and is projected to grow at a CAGR 3.4% from 2019, to reach a value of USD 5.9 million by 2025. The rise in demand for feed due to the increased consumption of livestock-based products is projected to drive the growth of the market. The increasing awareness among manufacturers about the benefits offered by feed binders is projected to drive the market growth during the forecast period. Feed binders serve as an additive that can reduce the dusty and powdery nature of fine ground feed materials. In order to reduce the total operating cost, from manufacturing to its consumption stage, feed binders are observed to increase the health benefits of feed materials, and thus, are widely being opted by feed manufacturers.
By type, the Lignosulphonates, hemicellulose, CMC & other hydrocolloids segment is projected to be the fastest-growing segment in the feed binders market during the forecast period.
The Lignosulphonates, hemicellulose, CMC & other hydrocolloids segment is projected to be the fastest-growing segment in the market. They are used due to their binding, dispersing, and emulsifying properties in the manufacture of feed products, to provide structural integrity. It helps in adding more steam during the production of compressed pellets than hemicellulose, and hence, enhances the overall productivity. Moreover, these products are easily digestible by ruminants, particularly cattle, sheep, and goats. Hemicellulose extracts, along with molasses, can increase the pellet durability and improve intra-particle cohesion, due to which it witnesses significant demand.
By livestock, the poultry segment is projected to dominate the feed binders market during the forecast period.
The poultry segment is projected to hold the largest share in the feed binders market during the forecast period. Feed binders, such as clay and Lignosulfonates, are some of the significant binders used in poultry feed for high-quality and quantity production. On a global level, the total poultry production continues to increase, and with such growth in poultry production and consumption, it has become essential for meat producers to focus on the quality of meat. This is projected to drive the growth of the feed binders market, as it provides a complete nutritional feed for poultry.
The increasing demand for feed binders in the Asia Pacific and Latin American regions is projected to drive the growth of the feed binders market.
Asia Pacific and Latin America are witnessing a high demand for feed binders for use mainly in the poultry feed industry. The population in developing countries of the Asia Pacific region—such as India, China, Indonesia, Vietnam, and Thailand—are projected to increase the consumption of meat products at an annual rate of 2.4% till 2030, according to the FAO report on “World Agriculture: Towards 2015/2030.” These factors have increased the demand for high-quality feed, and thereby, for feed binders to enhance the structural integrity and reduce the loss of feed ingredients.
Similarly, in South America, Brazil witnessed the presence of the largest cattle population in 2017, with a headcount of 330 million, and is projected to grow at a rate higher than the regional average, according to the FAO. It is projected that the rising consumer awareness for nutritious products and the requirement for high-quality meat products can establish a strong demand for feed binders.
Key Market Players
Key players in the feed binders market include Archer Daniels Midland Company (US), DuPont (US) FMC Corporation (US), Darling Ingredients Inc. (US), Roquette Freres (France), Borregaard ASA (Norway), Gelita AG (Germany), Emsland Starke GmbH (Germany), CP Kelco Inc. (US), and Avebe U.A. (Netherlands).
Scope of the report
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Report Metric |
Details |
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Market size available for years |
2019–2025 |
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Base year considered |
2018 |
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Forecast period |
2019–2025 |
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Forecast units |
Value (USD million) |
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Segments covered |
Type and Livestock |
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Geographies covered |
North America, Europe, Asia Pacific, Latin America, and Rest of World (RoW) |
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Companies covered |
Archer Daniels Midland Company (US), DuPont (US) FMC Corporation (US), Darling Ingredients Inc. (US), Roquette Freres (France), Borregaard ASA (Norway), Gelita AG (Germany), Emsland Starke GmbH (Germany), CP Kelco Inc. (US), and Avebe U.A. (Netherlands) |
This research report categorizes the feed binders market based on type, application, and region.
Based on Type:
- Clay
- Plant gums & starches
- Lignosulphonates, hemicellulose, CMC & other hydrocolloids
- Gelatin
- Molasses
- Wheat gluten & middlings
- Others (PMC and urea formaldehyde)
Based on the Livestock
- Poultry
- Ruminants
- Swine
- Others (Aquatic animals, Equine, Pets)
Based on the Region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (RoW) (Middle East & Africa)
Key questions addressed by the report:
- Who are some of the key players operating in the feed binders market, and how intense is the competition?
- What kind of competitors and stakeholders would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest?
- How are the current R&D activities and M&A’s in the feed binders market projected to create a disrupting environment in the coming years?
- What will be the level of impact of new product launches on the revenues of stakeholders due to the benefits offered by feed binders, such as increasing revenue, environmental regulatory compliance, and sustainable profits for suppliers?
- Which regions are projected to witness an increase in feed binder consumption?
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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Macroindicators
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunities
5.3.4 Challenges
5.4 Regulatory Framework
5.5 Patent Analysis
6 Industry Trends
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 Livestock
7.1 Introduction
7.2 Poultry
7.3 Ruminants
7.4 Swine
7.5 Aquatic Animals
7.6 Equine
7.7 Others* (Pets Such as Dogs and Cats)
8 Feed Binders Market, By Source
8.1 Introduction
8.2 Natural Polymers
8.3 Synthetic Polymers
8.4 Sugar
9 Feed Binders Market, By Type
9.1 Introduction
9.2 Clay
9.3 Plant Gums & Starches
9.4 Lignosulphates, Hemicellulose, CMC, and Other HyDROColloids
9.5 Gelatin
9.6 Molasses
9.7 Wheat Gluten & Middlings
9.8 Others* Include Pmc and Urea Formaldehyde
10 Feed Binders Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Russia
10.3.2 Germany
10.3.3 France
10.3.4 Spain
10.3.5 UK
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 Rest of APAC
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Others in South America
10.6 Rest of the World
10.6.1 South Africa
10.6.2 Egypt
10.6.3 Other Countries in RoW
11 Competitive Landscape
11.1 Introduction
11.2 Competitive Leadership Mapping (Overall Market)
11.2.1 Terminology/ Nomenclature
11.2.1.1 Dynamic Differentiators
11.2.1.2 Innovators
11.2.1.3 Visionary Leaders
11.2.1.4 Emerging Companies
11.2.2 Strength of Product Portfolio
11.3.1 Business Startegy Excellence
11.3 Competitive Leadership Mapping (Start-UPS/SMEs)
11.3.1 Terminology/ Nomenclature
11.3.1.2 Starting Blocks
11.3.1.3 Responsive Companies
11.3.1.4 Dynamic Companies
11.3.2 Strength of Product Portfolio
11.3.3 Business Startegy Excellence
11.4 Market Share Analysis/ Market Ranking of Key Players
11.5 Competitive Scenario
11.5.1 Agreements, Partnerships, Collaborations & Joint Ventures
11.5.2 Expansions & Investments
11.5.3 Acquisitions
11.5.4 New Product Launches
12 Company Profiles
(Overview, Financial, Products & Services, Strategy, and Developments)*
12.1 Archer Daniels Midland
12.2 FMC Corporation
12.3 E. I. Du Pont De Nemours and Company
12.4 Darling Ingredients
12.5 Roquette Freres
12.6 Borreguard Asa
12.7 Gelita AG
12.8 Emsland Starke GmbH
12.9 J.M Huber Corporation
12.10 Avebe U.A
12.11 Bentoli Inc.
12.12 Uniscope Inc
12.13 Bonaventure Animal Nutrition
12.14 CRA-VAC Industries Inc.
12.15 IRO Alginate Industry Co., LTD.
12.16 Kemin Industries
12.17 Ingredion Incorporated
12.18 CP Kelco
12.19 Danisco A/S
12.20 A.F Suter & Co. LTD
*Sub Segments Might Change With Further Progress in Report
13 Appendix
The study involves four major activities to estimate the current market size for feed binders. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. These findings, assumptions, and market size were validated with the industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, the market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, in order to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.
Primary Research
The feed binders market comprises several stakeholders, such as manufacturers of feed binders, suppliers of raw materials, manufacturers of feed products, government & research organizations, and industry bodies. The demand-side of this market is characterized by the rising demand from the feed industry. The supply-side is characterized by the advancements in technology and production of diverse livestock products in the industry
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the feed binders market. These methods were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary respondents
Data Triangulation
After arriving at the overall market size—using the market size estimation processes, as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, segment, and project the global market size for the feed binders market
- To understand the structure of the feed binders market by identifying its various subsegments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micro-markets, concerning individual growth trends, prospects, and their contribution to the total feed binders market
- To project the size of the market and its submarkets, in terms of value and volume, for various regions (along with their respective key countries)
- To profile the key players and comprehensively analyze their core competencies
- To understand the competitive landscape and identify the major growth strategies adopted by the players across key regions
- To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements.
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports as per client-specific requirements. The available customization options are as follows:
Regional Analysis
- Further breakdown of the Rest of Asia Pacific feed binders market, by country
- Further breakdown of the Rest of Europe feed binders market, by country
- Further breakdown of the Rest of South America feed binders market, by country
- Further breakdown of the Middle Eastern feed binders market, by country
- Further breakdown of the African feed binders market, by country
Company Information
- Detailed analysis and profiling of additional market players (up to five)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Feed Binders Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
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Growth opportunities and latent adjacency in Feed Binders Market