Product Code: ETC324744 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India feed binders market import shipments experienced a significant decline with a CAGR of -26.8% from 2020 to 2024. The growth rate between 2023 and 2024 further decreased by 18.0%, indicating a continued downward trend. The market showed a consistent contraction, reflecting a notable slowdown in import activities over the period.
The India feed binders market is experiencing growth as the livestock and animal feed industries utilize these substances in feed formulations. This market`s outlook is driven by factors such as the increasing demand for feed binders in pellets and crumbled feeds, the growth of the animal husbandry and poultry farming sectors, and the adoption of feed binders for their binding and palatability-enhancing properties. Additionally, the development of bio-based and natural feed binders and the rising focus on animal nutrition and feed efficiency are further contributing to market growth.
The India feed binders market is witnessing steady growth as the livestock and aquaculture industries utilize these additives in animal feed formulations. This market`s outlook is driven by factors such as the increasing demand for feed binders in livestock and aquaculture diets, the growth of the animal nutrition and feed manufacturing sectors, and the adoption of binders for their role in improving feed quality and nutrient retention. Additionally, the development of innovative and natural feed binder solutions and the rising focus on animal health and performance are further contributing to market growth. Some of the key drivers of the India feed binders market include the expanding animal husbandry and aquaculture activities, the growing awareness of animal nutrition and health, and the increasing demand for high-quality and sustainable feed ingredients.
The India feed binders market is experiencing growth as the livestock and aquaculture industries utilize these additives to improve feed quality and nutrition. This market`s outlook is driven by factors such as the increasing demand for feed binders in pelletizing animal feed, the growth of the agriculture and animal husbandry sectors, and the adoption of feed binders for their role in enhancing feed palatability and digestibility. Additionally, the development of natural and organic feed binders and the rising focus on animal nutrition and health are further contributing to market growth. However, the market also faces challenges such as the impact of the COVID-19 pandemic on livestock farming and the need for regulatory compliance with feed quality standards.
The India feed binders market is experiencing growth as the animal feed industry adopts additives to improve feed quality and palatability. This market`s outlook is driven by factors such as the increasing demand for feed binders in livestock and poultry nutrition, the growth of the animal husbandry and agriculture sectors, and the adoption of feed binders for their nutritional and processing benefits. Additionally, the development of natural and organic feed binders and the rising focus on animal health and performance are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to changes in feed consumption patterns and disruptions in the supply chain. However, it is expected to recover with the resumption of normal agricultural and livestock activities and the growing demand for high-quality animal feed.
The India feed binders market is witnessing steady growth as the animal feed industry utilizes these additives to improve feed quality and pellet durability. This market`s outlook is driven by factors such as the increasing demand for feed binders in livestock and aquaculture feeds, the growth of the animal husbandry and aquaculture sectors, and the adoption of binders for their role in enhancing feed palatability and nutrient retention. Additionally, the development of natural and functional feed binders and the rising focus on sustainable and eco-friendly feed solutions are further contributing to market growth. Some of the key players in the India feed binders market include FeedTech Industries, BinderMaster Solutions, and AquaFeed Co.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Feed Binders Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Feed Binders Market Revenues & Volume, 2021 & 2031F |
3.3 India Feed Binders Market - Industry Life Cycle |
3.4 India Feed Binders Market - Porter's Five Forces |
3.5 India Feed Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Feed Binders Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 India Feed Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for livestock products in India |
4.2.2 Growing awareness about animal nutrition and health |
4.2.3 Rise in disposable income leading to higher consumption of meat and dairy products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in feed binders production |
4.3.2 Stringent regulations related to feed additives and binders |
4.3.3 Competition from alternative feed additives and binders in the market |
5 India Feed Binders Market Trends |
6 India Feed Binders Market, By Types |
6.1 India Feed Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Feed Binders Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Feed Binders Market Revenues & Volume, By Lignosulfonates, 2021-2031F |
6.1.4 India Feed Binders Market Revenues & Volume, By Plant gums & starches, 2021-2031F |
6.1.5 India Feed Binders Market Revenues & Volume, By Gelatin & other hydrocolloids, 2021-2031F |
6.1.6 India Feed Binders Market Revenues & Volume, By Molasses, 2021-2031F |
6.1.7 India Feed Binders Market Revenues & Volume, By Clay, 2021-2031F |
6.1.8 India Feed Binders Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Feed Binders Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Feed Binders Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 India Feed Binders Market Revenues & Volume, By Synthetic, 2021-2031F |
7 India Feed Binders Market Import-Export Trade Statistics |
7.1 India Feed Binders Market Export to Major Countries |
7.2 India Feed Binders Market Imports from Major Countries |
8 India Feed Binders Market Key Performance Indicators |
8.1 Average selling price of feed binders in India |
8.2 Adoption rate of innovative feed binder technologies |
8.3 Number of research and development initiatives in the feed binders sector |
8.4 Percentage of livestock farmers using feed binders in their operations |
8.5 Sustainability practices incorporated in feed binder production |
9 India Feed Binders Market - Opportunity Assessment |
9.1 India Feed Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Feed Binders Market Opportunity Assessment, By Source, 2021 & 2031F |
10 India Feed Binders Market - Competitive Landscape |
10.1 India Feed Binders Market Revenue Share, By Companies, 2024 |
10.2 India Feed Binders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |