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Dublin, April 21, 2021 (GLOBE NEWSWIRE) -- The "Feed Binder Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering. The feed binders market is expected to grow at a compound annual growth rate of 3.57% over the forecast period to reach a market size of US$3.143 billion in 2026 from US$2.460 billion in 2019.Feed Binders are components that bind, glue, or hold together various discrete food elements to give a steady from to the feed. Feed Binders were initially introduced to bind feed of aquatic animals and are quite crucial for the aquaculture industry as it is an efficient alternative of traditional feed mesh. The feed mesh was directly poured into the water body which led to the loss of nutrients and pollution of water. Feed pelleting is the process through which feed mesh is converted into pellets or capsules, using moisture, heat, and machine pressure. And unlike feed mesh, these pellets are convenient to stock and transport from one place to another. In addition to their accessibility, feed binders are gaining fame as they are easily digested by the animals and help in gaining nutrients. The prime factor driving the demand for this market is the growing demand for quality livestock products. The emerging health-consciousness along with changing trends towards protein-based diets has surged the demand for quality livestock products, which in effect, pressurized the producers to supply healthy livestock. Also, with technological developments, innovative equipment is introduced that produces pellets on farms using the pellet binding techniques.Rising health concerns and protein-based dietsAnother prime reason behind the rise in feed binders is a surge in health concerns and a protein-based diet. With growing disposable income and health consciousness, consumers are paying more attention to their dietary intake. Further, with easily available fitness alternatives and expanding gym culture, consumers are shifting towards a protein-based diet from an initial carbohydrates-rich diet. The feed binders and meat industry are complements. To produce quality, nutrient-rich meat, it is essential to feed the animal quality feed which improves their health and growth. And with the surge in the meat industry, the feed binders industry as well is predicted to grow at a noteworthy ratePoultry Farming is the leading segmentBy livestock, the feed binders market is segregated among poultry, aquaculture, swine, cattle, pets, and others. The feed binders were initially developed to stop pollution and nutrient leaching in aquaculture and soon adapted in other market segments as well. The aqua-culture segment of the market is expected to grow at a significant rate. However, the poultry farm segment of the market is forecasted to grow at an exponential rate, owing to a surge in demand for poultry products. Poultry products are generally preferred to cover the protein requirements in the body. This in turn has boosted the poultry farming market. Further, with growing health and fitness concerns, consumers pay scrutinized attention to the quality of the meat and eggs. This will be obtained by providing the poultry animal nutrients rich food. Broiler's chicken feed, by Purins Meat Bird Feed, contains 22% protein and required amino acids to support growth. The Swine and Cattle segments, as well, are predicted to grow at a noteworthy rate. And with the growing preference for adoption pets, the pet feed binders market is predicted to grow at a significant rate. Pets, particularly dogs, are clinically proven to curb stress and loneliness in human beings. Hence, households are adopting pets for better mental health. This trend has given rise to the demand for feed pellets which provide suitable nutrition to pet animals and build immunity along with growth. Pedigree Dentastix range, for instance, was launched by Mars Incorporated in June 2020. The Pedigree Dentastix Chewy Chunk is claimed by Mars to prevent plaque built-up throughout the day and come in numerous sizesNatural Feed binders have a greater market shareBy source, the feed binders market is segmented as natural and synthetic. Synthetic binders were developed first and initially dominated the markets. However, the synthetic binders had to be imported from other countries and proved to be costly for farmers, especially for small-scale farming firms. Natural feed binders were developed over time and dominate the market. They are expected to increase their market share and grow at a numerical rate in the forecasted period, owing to their natural ingredients and minimum chemical interference. The synthetic feed binders market as well is predicted to grow at a significant rateAsian countries have a huge potentialThe feed binders market has been further regionally classified as the North American market, European market, South American and Caribbean market, Central Asia and Pacific region, and African market. The North American and European market has a significant share in the market and is predicted to grow at a noteworthy rate in the analyzed period. The prime reason behind this irie growth is booming animal husbandry industries, particularly in countries such as China and IndiaCOVID pandemic and feed binders industryThe COVID pandemic is expected to positively affect the feed binders market. The pandemic has raised safety standards and health consciousness along with the importance of fitness and immunity. Further, consumers are becoming more about their dietary intake and pay close attention to nutrients requirements. As a result, demand for quality nutrient food has steamed, forcing the producers to pay good heed towards the origin of the foodKey Developments In August month of 2020, German-based Crespel and Deiters launched two new products in its portfolio. These new brands for pet food and feed application are based on wheat gluten feed binders developed for cattle and swine sectors to be used as milk replacers.February 2020: Ohio-based industrial manufacturer, Timkin Company, is slowly entering in Food and Beverages industry, has shown interest in the feed industry as well. The company is aiming to develop feed production equipment as an area of diversification.In the International Production and Processing Expo held at the end of January 2020, Atlanta, Georgia, Toronto-based Car-Vac Industries introduced its halal pellet binders. These binders don't include pork ingredients and will help in the company's market reach, especially in Muslim community dominating areas. Key Topics Covered: 1. Introduction1.1. Market Definition1.2. Market Segmentation2. Research Methodology2.1. Research Data2.2. Assumptions3. Executive Summary3.1. Research Highlights4. Market Dynamics4.1. Market Drivers4.2. Market Restraints4.3. Porters Five Forces Analysis4.4. Industry Value Chain Analysis5. Feed Binders Market, by Source5.1. Introduction5.2. Natural5.3. Synthetic6. Feed Binder Market, by Livestock6.1. Introduction6.2. Poultry6.3. Cattle6.4. Swine6.5. others7. Feed Binders Market, by Geography7.1. Introduction7.2. Americas7.2.1. United States7.2.2. Canada7.2.3. Others7.3. Europe, Middle East, and Africa7.3.1. Germany7.3.2. France7.3.3. United Kingdom7.3.4. Others7.4. Asia Pacific7.4.1. China7.4.2. Japan7.4.3. Others8. Competitive Environment and Analysis8.1. Mergers, Acquisitions, Agreements, and Collaborations8.2. Major Players and Strategy Analysis8.3. Vendor Competitiveness Matrix9. Company Profiles9.1.1. Bentoli9.1.2. Beneo9.1.3. Visco starch9.1.4. Uniscop Inc9.1.5. Darling Ingredients9.1.6. CraVac Industries9.1.7. Crespel and Deiters For more information about this report visit https://www.researchandmarkets.com/r/ep412r CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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