|By PR Newswire||
|April 4, 2014 02:24 AM EDT||
DUBLIN, April 4, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/62mqld/feed_binder) has announced the addition of the "Feed Binder Market by Type (Natural & Synthetic), Livestock & Geography - Trends & Forecast up to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
Feed binders are important ingredients that are combined with basic feed mix to keep the feed as a whole and prevent them from disintegrating. It also helps to provide essential nutrition to animals and improve their overall growth thus producing safe and nutritious products, and better pellets, with improved digestion, and for preventing diseases in animals. It also increases the feed utility and consumption, and reduces feed wastage. A variety of feed binders are available and they are used in different quantities and concentrations, depending upon the species. There are natural feed binders such as wheat, guar meal & starch; lignin; bentonite & clay; specialty hydrocolloids; and others. On the other hand, the synthetic binders include urea-formaldehyde and polymethylolcarbamide, among others.
Asia-Pacific is the largest consumer of feed binders in the world, followed by North America. China is the largest market in Asia-Pacific capturing more than 58% of the total market in the region. The total market for natural feed binder was worth $1,234.3 million in 2012 and is projected to be $1,496.3 million by 2018, growing at a CAGR of 3.9% from 2013. The feed binder market is growing steadily due to increase in the rate of consumption of meat and meat products. The demand driving factors are, the increasing awareness regarding animal nutrition, increased preferences for pelleted feed, and rise in meat consumption. The restraining factor is the rising cost of raw materials. However, increasing cost of naturally occurring feed binder products such as, wheat, lignin, and starch is an opportunity for the feed binder market.
Key participants in the global animal feed binders market are Archer Daniels Midland Company (U.S.), AVEBE U.A. (The Netherlands) Borregaard (Norway), CP Kelco (U.S.) Danisco (Denmark), and Ingredion Incorporated (U.S.), among others .The feed binder market is witnessing rapid developments in the areas of acquisitions and new product launches, with a focus on increasing efficiency in livestock breeding and to increase their global market share.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Animalfeed Binder Market, By Type
6 Feed Binders Market, By Livestock
7 Feed Binder Market, By Geography
8 Competitive Landscape
9 Company Profiles
- Archer Daniels Midland Company
- Avebe U.A.
- Beneo Gmbh
- CP Kelco
- Danisco A/S
- Ingredion Incorporated
- The Roquette Group
- Uniscope Inc.
For more information visit http://www.researchandmarkets.com/research/62mqld/feed_binder
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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