Feed Binder Market by Type (Natural, Synthetic), Livestock & Geography - 2018 | MarketsandMarkets

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MarketsandMarkets Presents
Feed Binder Market worth 1,749.1 Million by 2018
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The report Feed binder Market by Type Natural
(Wheat, Guar Meal Starch, Lignin, Bentonite
Clay, Specialty Hydrocolloids Gums, Others),
Synthetic (Urea Formaldehyde, Polymethylocarbamide
, Others), by Livestock Geography - Trends
Forecast up to 2018, defines and segments the
feed binder market with analysis and projection
of the global revenue of the feed binder market.
It also identifies the driving and restraining
factors for the global market with analyses of
the trends, opportunities, burning issues,
winning imperatives, and challenges. The market
is segmented and revenue is projected on the
basis of main regions such as North America,
Europe, Asia-Pacific, and Rest of the World
(ROW). The markets of key countries of each
region are studied and projected. Further, the
market is segmented and revenue is projected on
the basis of types, livestock, and
geography. Browse gtgt 83 data
tables 23 figures 163
pages and in-depth TOC on  Feed Binder Market
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Feed binders are substances which are added to
animal feed for various purposes such as to help
animal to grow faster and healthier, to add more
nutritious content for better digestion, to
decrease the feed wastage, to make it palatable
for animals, and to help them gain immunity
against various infectious viruses and diseases.
Thus, feed binders optimize and maintain the
health of animals that are finally consumed by
humans. Feed binders can be mainly classified as
natural binders and synthetic binders. The
driving factors of the demand for feed binders
are the awareness regarding the quality of the
animal meat that is being consumed and a
significant rise in the global meat consumption
due to the improvement in the living standards of
the people. The main restraint of the industry is
the increase in raw material cost of the feed
binder, which makes it quite expensive for many
manufacturers. The cost of inclusion is the other
restraining factor, which is hindering the growth
of the Feed Binders Market. The market for feed
binders, in terms of revenue, was estimated to be
worth around 1,406.5 million in 2012 and is
projected to reach 1,749.1 million by 2018,
growing at the CAGR of 3.7 from 2013. The
leading manufacturers are focusing on expansion
of businesses across regions and setting up new
plants for increasing production capacity and
their product line. The leading industry
participants are involved in mergers and
acquisitions to penetrate the untapped markets.
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