About Feed Binders
Feed binders are products used in the feeding products in animal nutrition to bind or hold together the ingredients of the feed to maintain pellet integrity. The binders are the agents to stick the feed to improve the quality of the feed and make it easier to eat for the animals. It ensures water stability, hardness, and bulk density. It is consumed by the ruminant, poultry, swine, aquaculture animals, available in the natural and synthetic form.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.4% |
The demand for Galvanometers is increasing with each passing day. The businesses in this industry facing major competition with leading market players include Aerotech, Inc., Cambridge Technology, El.En. S.p.A. and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market-leading players are investing heavily in growth strategies such as technological development, and resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how galvanometers can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Feed Binders market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Archer-Daniels-Midland Company (United States), CP Kelco (United States), Danisco A/S (Denmark), The Cooperative Royal Avebe U.A. (Netherlands), BENEO (Germany), Uniscope (United States), Ingredion Incorporated (United States), Borregaard (Norway) and Roquette (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Feed Binders market by Type (Lignosulfonates, Plant Gums & Starches, Gelatin & Other Hydrocolloids, Clay, Molasses and Others), Application (Ruminant, Poultry, Swine, Aquaculture and Others) and Region.
On the basis of geography, the market of Feed Binders has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Natural Feed Binder will boost the Feed Binders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Feed Binders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Availability of Feed Binders in the Online Platform and Increasing Consumption of Feed Binders form the Poultry
Market Growth Drivers:
Growing Animal Feed Industry Worldwide and Demand for Nutrients in Feed for Animals
Challenges:
Stringent Regulatory Guidelines on the Feed Binders
Restraints:
Allergy or Side Affects with the Feed Binders Might Hinder the Market
Opportunities:
Technological Advancement in the Production of Feed Binders and Increasing Spending on the Animal Nutrition
Market Leaders and their expansionary development strategies
In May 2023, Trinseo and RWDC Industries LLC partnership to further the development of sustainably advantaged paper and board packaging solutions by bringing polyhydroxyalkanoates (PHA) dispersion technology to target markets. This exclusive agreement builds on the partners’ ongoing efforts to optimize PHA dispersions for paper and paperboard barrier coating applications.
In December 2023, Trinseo launch of LIGOS BH 7340 SCE Binder, the Company’s compostable first bio-hybrid binder for use in coated paper board products.
Key Target Audience
Feed Binders Manufacturers, Feed Binders International Traders, Feed Binders Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.