Market Highlights
The global annual feed production reached about 1.2 billion tons in 2020, representing significant opportunities for feed binder manufacturers. Feed binders derived from animals occupy a negligible share of (< 1%) the overall feed binder market, the latter is dominated by plant-based feed binders. Key plant-sourced binders are lignosulphonates, starch, wheat gluten, and guar gum, whereas key synthetic binders used are formaldehyde and carboxymethylcellulose (CMC).
The impact of the COVID-19 pandemic on the demand for animal-based feed binders was negligible, mainly contracted the market’s growth to low-single-digit (YoY) in 2020, translating into sales of US$ 0.2 billion in 2020. Insufficient availability of feed inputs, disruption in import/exports, and lockdown across countries led to a certain tremble in the market demand, mainly in the 1st phase of lockdown. However, animal feeds being an essential product registered a decent recovery in the 2nd half of the year, helping the industry to record a growth in the year 2020. The demand for animal-based feed binders is estimated to grow further in the coming years, credit goes to the propensity towards meat and dairy products, increasing population, growing consumption of meat, and rising awareness towards animal health and feed quality.
Market Segments' Analysis
The publisher has firstly segmented the animal-based feed binders market based on the binder type as gelatin, collagen, and others. Gelatin holds dominance in the market and is likely to retain its dominance in the years to come. There is a reasonable usage of gelatin in poultry and swine feeds. Gelatin is manufactured mainly from pigskin, cattle hides and bones, and fish skins. Gradual commercialization of gelatin and collagen in animal feed is likely to flourish the demand for animal-based feed binders in the coming years.
Based on the livestock type, the animal-based feed binders market is segmented as pet, poultry, swine, ruminant, aquaculture, and others. Poultry is expected to remain the most dominant market over the next five years. Increasing population, real income growth, lower price of poultry meat than other meat, and change of dietary preference are fuelling the poultry feed and so are feed binders. Swine feed also holds a strong position in the market on account of its high demand from key pork-consuming countries such as China and the USA. The Pet feed segment holds a diminutive share; however, is subjected to record the highest growth during the forecast period.
In terms of regions, Asia-Pacific holds a huge dominance and is also growing at the highest rate. About 450 million metric tons of animal feed were produced in the region in 2020, representing a strong whitespace opportunity. China acts as the growth engine of the region, alone capturing more than 50% share of the Asia-Pacific’s animal-based feed binders market. Different segments are dominant in different regions. For instance, aquaculture is highly dominated by Asia-Pacific, whereas pet feed is dominated by North America and Western European countries.
Key Players
The supply chain of this market comprises raw material suppliers, animal-based feed binder manufacturers, animal feed producers, distributors, and end-users. Some of the key potential players in the animal-based feed binder market are Cra-Vac Industries Inc., Darling ingredients, Gelita AG, Nitta Gelatin Inc., Uniscope Inc., and Weishardt.
Research Methodology
This strategic assessment report provides a comprehensive analysis that reflects today’s animal-based feed binders market realities and future market possibilities for the forecast period 2021 to 2026. The report estimates the short- and long-term repercussions of the COVID-19 pandemic on the demand for animal-based feed binders at the global, regional, and country levels. Also, the report provides the possible loss that the industry will register by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for the market participants and investors in the identification of low-hanging fruits available in the market and formulate growth strategies.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with the publisher’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. About 15 detailed primary interviews with the market players across the value chain in all major regions and industry experts have been executed to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
The following are the key features of the report:
The Animal-based Feed Binders Market is segmented into the following categories.
Animal-based Feed Binders Market, by Binder Type
Animal-based Feed Binders Market, by Livestock Type
Animal-based Feed Binders Market, by Region
The global annual feed production reached about 1.2 billion tons in 2020, representing significant opportunities for feed binder manufacturers. Feed binders derived from animals occupy a negligible share of (< 1%) the overall feed binder market, the latter is dominated by plant-based feed binders. Key plant-sourced binders are lignosulphonates, starch, wheat gluten, and guar gum, whereas key synthetic binders used are formaldehyde and carboxymethylcellulose (CMC).
The impact of the COVID-19 pandemic on the demand for animal-based feed binders was negligible, mainly contracted the market’s growth to low-single-digit (YoY) in 2020, translating into sales of US$ 0.2 billion in 2020. Insufficient availability of feed inputs, disruption in import/exports, and lockdown across countries led to a certain tremble in the market demand, mainly in the 1st phase of lockdown. However, animal feeds being an essential product registered a decent recovery in the 2nd half of the year, helping the industry to record a growth in the year 2020. The demand for animal-based feed binders is estimated to grow further in the coming years, credit goes to the propensity towards meat and dairy products, increasing population, growing consumption of meat, and rising awareness towards animal health and feed quality.
Market Segments' Analysis
The publisher has firstly segmented the animal-based feed binders market based on the binder type as gelatin, collagen, and others. Gelatin holds dominance in the market and is likely to retain its dominance in the years to come. There is a reasonable usage of gelatin in poultry and swine feeds. Gelatin is manufactured mainly from pigskin, cattle hides and bones, and fish skins. Gradual commercialization of gelatin and collagen in animal feed is likely to flourish the demand for animal-based feed binders in the coming years.
Based on the livestock type, the animal-based feed binders market is segmented as pet, poultry, swine, ruminant, aquaculture, and others. Poultry is expected to remain the most dominant market over the next five years. Increasing population, real income growth, lower price of poultry meat than other meat, and change of dietary preference are fuelling the poultry feed and so are feed binders. Swine feed also holds a strong position in the market on account of its high demand from key pork-consuming countries such as China and the USA. The Pet feed segment holds a diminutive share; however, is subjected to record the highest growth during the forecast period.
In terms of regions, Asia-Pacific holds a huge dominance and is also growing at the highest rate. About 450 million metric tons of animal feed were produced in the region in 2020, representing a strong whitespace opportunity. China acts as the growth engine of the region, alone capturing more than 50% share of the Asia-Pacific’s animal-based feed binders market. Different segments are dominant in different regions. For instance, aquaculture is highly dominated by Asia-Pacific, whereas pet feed is dominated by North America and Western European countries.
Key Players
The supply chain of this market comprises raw material suppliers, animal-based feed binder manufacturers, animal feed producers, distributors, and end-users. Some of the key potential players in the animal-based feed binder market are Cra-Vac Industries Inc., Darling ingredients, Gelita AG, Nitta Gelatin Inc., Uniscope Inc., and Weishardt.
Research Methodology
This strategic assessment report provides a comprehensive analysis that reflects today’s animal-based feed binders market realities and future market possibilities for the forecast period 2021 to 2026. The report estimates the short- and long-term repercussions of the COVID-19 pandemic on the demand for animal-based feed binders at the global, regional, and country levels. Also, the report provides the possible loss that the industry will register by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for the market participants and investors in the identification of low-hanging fruits available in the market and formulate growth strategies.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with the publisher’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. About 15 detailed primary interviews with the market players across the value chain in all major regions and industry experts have been executed to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market forecast analysis
- Market segment forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
The Animal-based Feed Binders Market is segmented into the following categories.
Animal-based Feed Binders Market, by Binder Type
- Gelatin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Collagen (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Animal-based Feed Binders Market, by Livestock Type
- Pet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Poultry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Swine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Ruminant (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Aquaculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Animal-based Feed Binders Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, Spain, Russia, and RoE)
- Asia-Pacific (Country Analysis: China, South-East Asia, and RoAP)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Table of Contents
- About the Publisher
- Disclaimer
- Copyright
- Abbreviation
- Currency Exchange
- Report Scope
- Report Objectives
- Research Methodology
- Secondary Research
- Key Information Gathered from Secondary Research
- Primary Research
- Key Information Gathered from Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
- Data Analysis and Triangulation
1. Executive Summary
2. Animal-based Feed Binders Market Overview and Segmentation
3. Animal-based Feed Binders Market – The COVID-19 Impact Assessment
4. Competitive Analysis
5. Animal-based Feed Binders Market Trend and Forecast by Binder Type (2021-2026)
6. Animal-based Feed Binders Market Trend and Forecast by Livestock Type (2021-2026)
7. Animal-based Feed Binders Market Trend and Forecast by Region (2021-2026)
8. Strategic Growth Opportunities
9. Company Profile of Key Players (Alphabetically Arranged)
Companies Mentioned
- Cra-Vac Industries Inc.
- Darling ingredients
- Gelita AG
- Nitta Gelatin Inc.
- Uniscope Inc.
- Weishardt
Methodology
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