Market Size of Asia Pacific Feed Pelletizing Agents Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Feed Pelletizing Agents Market Analysis
Asia Pacific is the largest market for feed pelletizing agents and is projected to grow at a CAGR of 3% during the forecasted period(2019-2025). There are several advantages to feeding pelleted feed rather than mash feed. The key benefits such as improved feed intake and weight gain of animals are driving the feed pelletizing market. The market is further expanding with enhanced performance of animals due to pelleted food. Lignin is used as an additive for livestock feed, to enhance the physical properties of the feed and, in turn, improve the health of livestock. Sodium lignosulfonates and calcium lignosulfonates are used to produce highly-efficient animal feed pellets. Demand for feed pellets is high from fish and aquaculture segments as the fishes are fed into the water. Some of the key firms like BASF, Brenntag Group, Kiotechagil, Uniscope Inc., Borregaard LignoTech, Bentonite Performance Minerals LLC are having good presence in this region.
