Global Feed Binders Market – Growth, Trends & Forecast – Expected to Reach USD 1556.3 Million by 2020 – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Feed Binders Market – Growth, Trends And Forecasts (2015-2020)”
report to their offering.
The global feed binders market was valued at USD 1305 million in 2015
and is expected to grow into a USD 1556.3 million by 2020, growing at a
CAGR of 3.6% during the forecast period. Animal feed binders are used
for durability and resistance to physical breakdown during handling and
storage of feeds. Some binders also have additional nutritional value.
Unlike feed for livestock, feed for aquaculture requires an adequate
level of processing to guarantee good stability in water, long enough
for animals to consume it. For this reason the role of binder is crucial
in determining variable levels of firmness adequate to specific feeding
behavior.
Depletion in the volume of captured fish is expected to be one of the
major factors driving global aquaculture production over the next few
years. In addition, increasing consumer awareness regarding health
benefits associated with consumption of fish and fish products is
expected to fuel aquaculture production.
The growth in aquaculture industry is major demand driving factor of
feed binders market. The techniques involved in binding the feed to make
pellets increase the cost of processing thereby restraining the growth
of feed binders market.Leading companies are looking for innovations in
the field by venturing into R&D for better production and management
techniques.
Asia Pacific is the biggest and fastest growing market at CAGR 4.0% with
China being the forerunner comprising of half of the market share driven
by demand, technology, availability of labor and resources in the
sector. Aqua culture feeds is the largest segment among livestock. North
America and Europe also exhibit healthy growth trends.
Key Topics Covered:
1. Introduction
2. Key Findings
3. Market Overview
4. Market Segmentation
5. Competitive Landscape Overview
6. Company Profiles
- Archer Daniels Midland Company
- Avebe U.A.
- Beneo Gmbh
- Borregaard
- Cp Kelco
- Danisco A/S
- Fmccorporation
- Ingredion Incorporated
- The Roquette Group
- Uniscope Inc.
For more information visit http://www.researchandmarkets.com/research/sjxglg/global_feed
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Sector: Animal
Feedstuffs
