사료용 바인더 시장 예측(-2030년) : 유형별, 가축별, 원료별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Feed Binders Market is accounted for $5.21 billion in 2023 and is expected to reach $7.33 billion by 2030 growing at a CAGR of 5.0% during the forecast period. Feed binders are essential nutrients for animals because they improve the feed's palatability and structural integrity. These materials are essential for the formation and stability of pellets or granules, which keep feed from crumbling in storage or transit, they enhance feed efficiency and nutrient absorption, which raises the general quality of animal diets. Feed binders, which are typically sourced from natural sources like plant gums, lignin, or clays, serve as cohesive agents, guaranteeing that feed ingredients are firmly bound together.

According to the American Feed Industry Association (AFIA), feed binders play a vital role in ensuring the structural integrity of animal feeds, enhancing their palatability, and contributing to overall nutritional quality. The AFIA emphasizes the importance of these additives in supporting optimal animal health and performance within the livestock industry.

Market Dynamics:

Driver:

Growing need for premium animal nutrition

There is a growing need for premium animal feeds as a result of growing consumer awareness of the value of nutrition in animal husbandry. Feed binders are necessary ingredients that guarantee the feeds structural integrity and nutrient retention. Moreover, premium feed products that put animal health first are becoming more and more prevalent in the market, and feed binders are essential to satisfying these changing customer demands.

Restraint:

Price sensitivity and economic factors

A major barrier to the feed-binders market is the agriculture sector's price sensitivity and economic volatility. Adopting premium feed products with premium feed binders may be difficult for livestock producers, particularly in areas with unstable economies. Additionally, financial limitations have the potential to impact consumer choices and create a preference for less expensive options, which could hinder the market's overall growth for feed binders.

Opportunity:

Increasing need for natural and organic feed binders

Feed binder manufacturers have a great opportunity as a result of consumers growing preference for natural and organic products for human and animal nutrition. Through research and development expenditures, companies can investigate novel extraction techniques, like enzymatic procedures or plant-derived formulations, in order to produce organic and natural feed binders. Furthermore, this is in line with the increasing awareness of sustainable agriculture methods, providing eco-friendly solutions that appeal to consumers who care about the environment, and the larger movement in animal nutrition toward clean-label products.

Threat:

Alternative feed additives competition

Alternative supplements and additives that could either supplement or replace conventional feed binders are constantly being researched by the feed industry. The market share of traditional feed binders may be threatened by competitive alternatives brought about by the advent of cutting-edge technologies like nanotechnology and encapsulation. Moreover, the threat posed by alternative feed additives must be reduced by keeping up with technological developments and adjusting to shifting consumer preferences.

Covid-19 Impact:

The feed-binders market has been greatly affected by the COVID-19 pandemic, which has brought about a number of difficulties and disruptions. Feed binders have become scarcer at times due to production and distribution delays brought on by supply chain disruptions, labor mobility restrictions, and temporary plant closures. Additionally, the pandemic's effects on the economy have reduced farmers and livestock producers' purchasing power, which has made them more cautious when making investments in high-quality feed products. The sourcing of raw materials has become more complex due to disruptions in global trade, which has increased the pressure on feed binder manufacturers costs.

The Plant Gums & Starches segment is expected to be the largest during the forecast period

In the feed binder market, the plant gums and starches segment usually holds the largest share. In the process of making animal feed, plant gums and starches, which come from materials like cornstarch, guar gum, and carboxymethyl cellulose, are frequently used as natural binders. These binders have good adhesive qualities, which help to form cohesive and long-lasting feed pellets. They contribute to increased digestibility and palatability, in addition to giving the feed its structural integrity. Furthermore, the increasing consumer demand for natural and sustainable feed solutions is in line with plant gums and starches, which contributes to their market dominance.

The Poultry segment is expected to have the highest CAGR during the forecast period

The segment with the highest CAGR is poultry. Feed formulations that are both efficient and specialized are necessary for poultry farming, as the demand for poultry products grows on a global scale. Feed binders are essential for maintaining the nutritional value and overall health of flocks by guaranteeing the feeds structural integrity. Moreover, high-performance feed binders should continue to be in high demand due to improvements in poultry farming techniques. The market for feed binders in the poultry industry has continued to grow because poultry producers frequently place a high priority on elements like feed efficiency and pellet durability.

Region with largest share:

In the feed-binders market, the Asia-Pacific region has held the largest share. The need for improved animal nutrition has been stoked by population growth, shifting dietary preferences, and rising meat consumption in nations like China and India. Furthermore, Asia-Pacific is a dominant player in the global feedbinders market because of the region's dedication to modernizing agricultural practices and increasing feed efficiency.

Region with highest CAGR:

In the market for feed binders, the Europe region has shown the highest CAGR. High-quality animal nutrition solutions are in high demand due to the region's emphasis on sustainable agriculture practices, strict quality standards, and growing animal welfare awareness. Technologies for producing feed and raising livestock have advanced in several European nations, including Germany, France, and the United Kingdom. Additionally, the growing inclination toward natural and organic feed additives is in line with the tastes of the European market.

Key players in the market

Some of the key players in Feed Binders market include Borregaard AS, CP Kelco U.S., Inc., DuPont, BASF SE, Ingredion, Inc., Archer-Daniels-Midland Company, Danisco A/S, J.M. Huber Corporation, Cargill Inc., Gelita AG, Allwyn Chem Industries, Kemin Industries, Inc, Darling Ingredients, Inc., Uniscope, Inc. and FMC Corporation.

Key Developments:

In December 2023, BASF, LetterOne and Harbour Energy plc signed a business combination agreement to transfer Wintershall Dea's E&P business consisting of its producing and development assets as well as exploration rights in Norway, Argentina, Germany, Mexico, Algeria, Libya, Egypt and Denmark as well as Wintershall Dea's carbon capture and storage (CCS) licenses to Harbour.

In November 2023, Ingredion Incorporated, a leading global provider of ingredient solutions to the food and beverage industry, today announced that it has signed a definitive agreement to divest its business in South Korea to an affiliate of the Sajo Group, a leading food company headquartered in Seoul, South Korea. The transaction is expected to close in the first quarter of 2024, subject to regulatory approvals and satisfaction of other customary closing conditions.

In August 2023, DuPont announced a definitive agreement to sell an 80.1% ownership interest in the Delrin(R) acetal homopolymer (H-POM) business1 to TJC LP (TJC) in a transaction valuing the business at $1.8 billion. TJC has received fully committed financing in connection with the transaction, which is expected to close around year-end 2023, subject to customary closing conditions and regulatory approval.

Types Covered:

• Clay
• Gelatin
• Collagen
• Plant Gums & Starches
• Molasses
• Lingo Sulphonates
• Other Types

Livestocks Covered:

• Poultry
• Swine
• Cattle
• Aquatic Animals
• Ruminants
• Other Livestocks

Sources Covered:

• Natural
• Synthetic
• Other Sources

Applications Covered:

• Moist
• Pellets
• Crumbles
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Feed Binders Market, By Type

• 5.1 Introduction
• 5.2 Clay
• 5.3 Gelatin
• 5.4 Collagen
• 5.5 Plant Gums & Starches
• 5.6 Molasses
• 5.7 Lingo Sulphonates
• 5.8 Other Types
  • 5.8.1 Polymethylcellulose (PMC)
  • 5.8.2 Wheat Gluten & Middlings
  • 5.8.3 Carboxymethylcellulose (CMC)

6 Global Feed Binders Market, By Livestock

• 6.1 Introduction
• 6.2 Poultry
• 6.3 Swine
• 6.4 Cattle
• 6.5 Aquatic Animals
• 6.6 Ruminants
• 6.7 Other Livestocks

7 Global Feed Binders Market, By Source

• 7.1 Introduction
• 7.2 Natural
  • 7.2.1 Guar Meal
  • 7.2.2 Wheat
  • 7.2.3 Lignin
• 7.3 Synthetic
  • 7.3.1 Polymethylolcarbamide
  • 7.3.2 Urea-formaldehyde
• 7.4 Other Sources

8 Global Feed Binders Market, By Application

• 8.1 Introduction
• 8.2 Moist
• 8.3 Pellets
• 8.4 Crumbles
• 8.5 Other Applications

9 Global Feed Binders Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Borregaard AS
• 11.2 CP Kelco U.S., Inc.
• 11.3 DuPont
• 11.4 BASF SE
• 11.5 Ingredion, Inc.
• 11.6 Archer-Daniels-Midland Company
• 11.7 Danisco A/S
• 11.8 J.M. Huber Corporation
• 11.9 Cargill Inc.
• 11.10 Gelita AG
• 11.11 Allwyn Chem Industries
• 11.12 Kemin Industries, Inc
• 11.13 Darling Ingredients, Inc.
• 11.14 Uniscope, Inc.
• 11.15 FMC Corporation