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Europe Feed Binders Market - Growth, Trends and Forecasts (2020 - 2025)

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The role of a binder is crucial in determining variable levels of firmness adequate to specific feeding behavior. The end consumers of feed additives are compound feed manufacturers, integrators, farmers, home-mixers, livestock and aquaculture industry.

Europe feed binders market is expected to grow at a steady CAGR of 3.3% to become a USD 332.5 million market by 2021. Animal feed binders are used for durability and resistance to physical breakdown during handling and storage of terrestrial and avian feeds. Some binders also have additional nutritional value.

Growth in the industrial production of livestock and processed meat industry are driving the demand for feed additives in Europe. Expansion in animal derived products market, especially fish and fish products and increasing preferences for animal protein have further amplified the market growth. Adverse environmental conditions and lack of technology are expected to deter the growth of the market.

The feed binders market in the region is explained on the basis of types and application on animals. By type, the industry is segmented into two broad categories namely - natural and synthetic binders. While natural binders comprise larger market share, the popularity of both the binders are growing simultaneously.

Aquaculture is the single largest segment for feed binders demand in the region, as aquaculture feeds require an adequate level of processing to guarantee good stability in water, long enough for animals to consume it. Pet food segment is expected to grow at a faster rate in the region.

Europe is the third largest market for feed binders globally, which is expected to witness a steady growth over the years. Among European nations, Germany, France and the UK form the majority of demand while market growth would be higher in countries like Spain and Italy. The market is focused on innovations in production technology and introducing effective products at cheaper costs.

Leading companies are looking for innovations in the field by venturing into R&D for better production and management techniques. Major players active in the region are Archer Daniels Midland Company, Avebe U.A., Beneo Gmbh, Borregaard, Cp Kelco, etc.

Key Deliverables in the Study

  • Market analysis for the Europe feed binders market, with region-specific assessments and competition analysis on global and regional scales.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the Europe feed binders market on both global and regional scales.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights into the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

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