What is driving the growth of the feed binders market?
The rising consumption of meat, particularly poultry, is fueling the demand for high-quality feed and feed binders, which improve pellet durability and reduce nutrient loss.
Which region is expected to dominate the feed binders market?
Asia-Pacific is currently the largest market for feed binders, driven by increasing livestock health concerns and growing meat consumption in countries like India and China.
What are the different types of feed binders available?
Common feed binders include lignosulfonates, plant gums and starches, gelatin, clay, and molasses. Each type offers unique binding properties and caters to specific animal needs.
Who are the major players in the feed binders market?
Key players include Archer Daniels Midland, DuPont, Darling Ingredients, Roquette Freres, and Borregaard ASA. These companies offer a variety of feed binder products and cater to different segments of the market.