Transparency Market Research Report Added "Feed Binders Market" to its database.
Albany, NY -- (SBWIRE) -- 07/07/2015 -- Feed binders are entities that are mixed and added in animal feed to meet the nutritional requirements of animals. They also act as a binding agent as they hold various particles together in the feed. Feed binders are combined in animal feed in order to prevent them from decomposing and to keep the animal feed as a whole. They also provide important nutrition to animals to improve their growth. Feed binders are included in animal feed to produce nutritious and safe products and better pellets which results in improved digestion, and prevents diseases in animals. Moreover, feed binders also increase the feed consumption and utility and reduce the wastage of feed. A large number of feed binders are available and they are used in different concentrations and varieties depending on the species.
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The major factor fuelling the demand for the global feed binders market is the increasing consumption of meat across the world. In addition, the increase in the preference for pelleted feed among the producers of animal feed is also fuelling the demand for the feed binders market across the world. Moreover, the rising awareness for animal health globally is also a major factor that is fuelling the demand for the feed binders market across the world.
The increasing cost of raw materials for feed binders acts a hindrance to the global feed binders market. Due to this factor, it becomes difficult for any new player trying to enter the feed binder the market. Moreover, the major players operating in the feed binders market also act as a hindrance for any new player trying to enter this market.
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The increased consumption of compound feed in the Asia Pacific region will serve as an opportunity for the feed binders market globally. By product, the global feed binders market is be segmented into natural feed binders and synthetic feed binders. The natural feed binders segment is further segmented into wheat, starch and guar meal, clay and bentonite, specialty gums and hydrocolloids, lignin and other natural feed binders. The synthetic feed binders segment is further segmented into pmc, urea-formaldehyde and others. By livestock, the global feed binders market is be segmented into poultry, swine, aquaculture, cattle and others. The aquaculture industry is expected to dominate the global followed by the poultry industry.
Archers Daniels Midlands Company, CP Kelco, Avebe U.A., Beneo GmbH, FMC Corporation, Danisco A/S, The Roquette Group, Uniscope Inc and Ingredion Incorporated are some of the major players that are operating in the global feed binders market at present.
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