PUBLISHER: The Business Research Company | PRODUCT CODE: 1648814
PUBLISHER: The Business Research Company | PRODUCT CODE: 1648814
Feed binders refer to the ingredients added to the feed to enhance the livestock's feed performance. These are the ingredients that are used to keep feed components intact to maintain the structure and consistency of the feed and prevent the decomposition of feed ingredients. They are also used to improve livestock health, reduce livestock diseases, and improve the stability of the feed.
The main types of feed binders are lignosulfonates, plant gums and starches, gelatin and other hydrocolloids, molasses, clay, and other types. The lignosulfonates refer to brown amorphous powder that supplies natural soluble carbohydrates required for metabolic energy. The various sources are natural and synthetic. The various applications include moist, pellets, and crumbles.
The feed binders market research report is one of a series of new reports from The Business Research Company that provides feed binders market statistics, including feed binders industry global market size, regional shares, competitors with a feed binders market share, detailed feed binders market segments, market trends and opportunities, and any further data you may need to thrive in the feed binders industry. This feed binders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
The feed binders market size has grown strongly in recent years. It will grow from $5.96 billion in 2024 to $6.33 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increasing demand for animal nutrition, livestock farming growth, regulatory support, focus on animal health.
The feed binders market size is expected to see strong growth in the next few years. It will grow to $8.33 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to population growth and urbanization, rising income levels, environmental sustainability, globalization of livestock farming. Major trends in the forecast period include increasing demand for natural and organic binders, focus on specialty feed binders, integration of functional ingredients, technological advancements in manufacturing, strategic partnerships and collaborations.
The increasing consumption of livestock-based products is expected to propel the growth of the feed binders market going forward. Livestock-based products refer to products derived from animals such as meat and meat products, poultry products (meat and eggs), fish, shellfish, and dairy products (milk and cheese). Feed binder is incorporated into livestock feed to trap mycotoxins and prevent them from entering the bloodstream, where they could cause catastrophic injury to the animals. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australian government agency responsible for statistical collection and analysis, in terms of seasonal adjustments for the quarter ending March 2022, chicken meat production increased by 3.2%. Therefore, the increasing consumption of livestock-based products is driving the feed binders market.
The increased risks of mycotoxin contamination in livestock feed is expected to propel the growth of the feed binders market going forward. Mycotoxins are harmful secondary metabolites generated naturally by fungi that grow on various farm commodities. Mycotoxins at low concentration reduce the growth rate of young animals and impair immunologic response making the livestock more susceptible to infection. For instance, according to an analysis report from a US-based animal health company, Alltech, out of 1,200 samples of barley, corn, corn silage, wheat, grass silage, triticale, straw, alfalfa haylage, and whole crop silage from different countries, an average of 4. 34 mycotoxins were detected, with 98. 5% samples containing at least 1 mycotoxin and 86. 1% samples containing 2 or more mycotoxins. Therefore, the increased risk of mycotoxin contamination in livestock feed is driving the feed binders market during the forecast period.
Product innovations are a key trend gaining popularity in the feed binder market. Major companies operating in the feed binders market are focused on developing new products to sustain their position in the market. For instance, in April 2022, Manaseer Industrial Complex Co, a part of the Manaseer Group, a Jordan-based company, launched a mineral-based feed additive with mycotoxin binding capabilities named Animax. The product is designed to boost the nutrition, health, and immunity of animals through its effectiveness as a mycotoxin binder and its primary goal is to reduce the harmful effects of feed-related types of mycotoxins, mainly Aflatoxin B1.
Major players in the feed binders market are concentrating on technological advancements, such as natural and sustainable binders, to offer livestock producers high-quality solutions that improve feed stability, safety, and nutritional value while meeting the rising consumer demand for cleaner, non-GMO feed products. Kemin Animal Nutrition and Health's FORMYL is an innovative solution that utilizes a proprietary blend of encapsulated calcium formate and citric acid to ensure optimal delivery and effectiveness. For example, in June 2024, Kemin Industries Inc., a US-based ingredient manufacturer, launched FORMYL, an advanced feed additive aimed at enhancing swine health and productivity. This effective feed acidifier targets pathogens and fosters a healthy gut environment, serving as a non-antibiotic formic acid solution that helps reduce challenges posed by Enterobacteriaceae and Escherichia coli. The encapsulation technology guarantees safer handling and maximum effectiveness for the animal.
In June 2024, Camlin Fine Sciences Ltd., an India-based chemical company, acquired CFS Vitafor for $1.07 million USD. This acquisition is intended to strengthen Camlin Fine Sciences Limited's position in the animal nutrition sector and expand its product offerings, thereby enhancing its capabilities in feed safety, shelf-life improvement, and animal performance solutions. CFS Vitafor is a Belgian company that produces and sells products for the animal nutrition and agriculture industries, including feed binders.
Major companies operating in the feed binders market include The Emsland Group, DuPont de Nemours Inc., Darling Ingredients Inc., Roquette Freres, Borregaard ASA, CP Kelco Inc., Cra-Vac Industries Inc., Beneo GmbH, Kemin Indistries Inc., Alltech, Visco Starch, BASF SE, Bentoli AgriNutrition Pvt. Ltd., Uniscope Inc., Allwyn Chem Industries, The cooperative Royal Avebe U. A., Archer Daniels Midland Company, FMC Corporation, Gelita AG, Ingredion Incorporated, Kalsec Inc., Kerry Group plc, Novozymes A/S, Nutreco NV, Perstorp Holding AB, Phibro Animal Health Corporation, Solvay S. A., Trouw Nutrition LLC
Asia-Pacific was the largest region in the feed binders market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the feed binders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the feed binders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The feed binder market consists of sales of wheat gluten, pea starch, and guar gum. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Feed Binders Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on feed binders market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for feed binders ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The feed binders market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.