PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1518498
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1518498
Feed Binders Market size is set to record more than 5.3% CAGR from 2024 to 2032, owing to the increasing livestock production demands. These additives are essential for forming pellets and improving feed quality for enhancing nutrient absorption and feed efficiency in livestock.
Developments, such as novel binders that enhance digestibility and reduce environmental impacts for supporting sustainable intensification of livestock farming are optimizing feed performance and meeting the nutritional needs of the growing global population reliant on efficient animal agriculture. According to a report by Invest India, the country's total egg production reached 138.38 billion in 2022-23. This growth is further emphasizing the critical role of feed binders in enhancing livestock nutrition and productivity.
The industry is segmented into source, type, livestock, and region.
Feed binders market size from the gelatin type segment will record a decent growth rate between 2024 and 2032. Gelatin is used as a feed binder in livestock nutrition for improving feed efficiency and pellet quality. Increasing advancements, such as enhanced gelatin derivatives are helping in optimizing nutrient absorption and support sustainable farming practices. This ongoing development will underscore the importance of gelatin in modern agriculture for ensuring that the livestock receive effective and balanced nutrition for improved health and productivity.
In terms of livestock, the feed binders market from the poultry segment is anticipated to witness significant CAGR from 2024-2032. This is due to the need for enhancing the nutritional value and consistency of feed mixes in poultry farming. Feed binders ensure that nutrients adhere effectively for improving digestibility and the overall health of poultry. These binders are also evolving to meet the stricter regulatory standards and advancing in formulation techniques to optimize feed efficiency and minimize environmental impacts.
Europe feed binders industry size will record substantial CAGR through 2032 due to the growth in the feed sector, driven by increasing consumer awareness. This expansion is helping in addressing the demands for higher-quality and sustainable feed solutions. Consumer awareness is also fostering greater need for feed binders that meet stringent quality and environmental standards. The ongoing innovations in feed binder technologies for enhancing nutritional value and safety across the European poultry and livestock sectors will drive the market growth.