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.
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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.
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