Global Feed Binders Market to See Highest Demand Arising from Poultry Feed Until 2023

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Feed Binders Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023

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REPORT DESCRIPTION

Feed binders serve the dual purpose of enhancing the nutritional value of animal feed as well as holding animal feed pellets
firmly together so they don’t disintegrate easily before being consumed by animals. In many instances, feed binders also proffer
the advantage of preventing animal feed from decomposing. With an increase in the demand for animal feed across the world to
cater to the mounting consumption of meat and dairy products, the use of animal feed binders is expected to rise substantially.
According to a Transparency Market Research report, titled ‘Feed Binders Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 – 2023,’ the growing consumption of meat will be the greatest growth driver for the global feed
binders market.
Another factor that’s also driving the demand for feed binders is that livestock farmers have begun showing a preference for
pelletized animal feed as it’s easy to handle during transportation and storage. The wave of organized farming that’s now
sweeping across developing economies will also be responsible for the growth of the feed binders market. Not just that, feed
binders enriched with nutrition help safeguard the health of livestock and endow them with better immunity against diseases
and infections.
However, on the other side of this growth story lie a few concerns. Raw materials that go into...