Table of Content

1 INTRODUCTION 36
1.1 OBJECTIVES OF THE STUDY 36
1.2 MARKET DEFINITION 36
1.3 STUDY SCOPE 37
FIGURE 1 FEED BINDERS MARKET SEGMENTATION 37
FIGURE 2 REGIONAL SEGMENTATION 37
1.4 PERIODIZATION CONSIDERED 38
1.5 CURRENCY CONSIDERED 38
TABLE 1 USD EXCHANGE RATE, 2014–2018 39
1.6 STAKEHOLDERS 39
1.7 INCLUSIONS & EXCLUSIONS 40

2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 3 RESEARCH DESIGN: FEED BINDERS MARKET 41
2.1.1 SECONDARY DATA 42
2.1.1.1 Key Data from Secondary Sources 42
2.1.2 PRIMARY DATA 42
2.1.2.1 Key Data From Primary Sources 43
2.1.2.2 Breakdown of Primaries 43
2.2 MARKET SIZE ESTIMATION 44
2.2.1 BOTTOM-UP APPROACH 45
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 45
2.2.2 TOP-DOWN APPROACH 46
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 46
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 47
FIGURE 6 DATA TRIANGULATION METHODOLOGY 47
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 48
2.4.1 ASSUMPTIONS 48
2.4.2 LIMITATIONS 49

3 EXECUTIVE SUMMARY 50
FIGURE 7 FEED BINDERS MARKET, 2018–2025 (USD MILLION) 50
FIGURE 8 INCREASING DEMAND FOR POULTRY FEED TO DRIVE THE FEED BINDERS MARKET 51
FIGURE 9 LIGNOSULFONATES ARE THE MOST COMMONLY ADOPTED FEED BINDER IN FEED 51
FIGURE 10 NATURAL BINDERS ARE PROJECTED TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD 52
FIGURE 11 FEED BINDERS MARKET SNAPSHOT: ASIA PACIFIC TO ACCOUNT FOR THE LARGEST SHARE (VALUE) IN 2020 53

4 PREMIUM INSIGHTS 54
4.1 OPPORTUNITIES IN THE FEED BINDERS MARKET 54
FIGURE 12 INCREASING DEMAND FOR COMPOUND FEED IS DRIVING THE GROWTH
OF THE MARKET 54
4.2 FEED BINDERS MARKET, BY KEY LIVESTOCK 55
FIGURE 13 POULTRY TO BE THE LARGEST SEGMENT IN THE FEED BINDERS MARKET
IN 2020 55
4.3 ASIA PACIFIC: FEED BINDERS MARKET, BY KEY TYPE AND COUNTRY 55
FIGURE 14 ASIA PACIFIC: CHINA TO BE AMONG THE MAJOR CONSUMERS IN 2020 55
4.4 FEED BINDERS MARKET, BY LIVESTOCK & REGION 56
FIGURE 15 ASIA PACIFIC TO HOLD THE LARGEST MARKET SHARE FOR POULTRY IN 2020 56
4.5 FEED BINDER MARKETS, BY KEY COUNTRY 57
FIGURE 16 INDIA IS PROJECTED TO GROW AT THE HIGHEST RATE DURING THE
FORECAST PERIOD 57

5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MACROINDICATORS 58
5.2.1 GROWTH IN FEED PRODUCTION 58
FIGURE 17 GLOBAL FEED PRODUCTION, 2013–2017 (MILLION METRIC TONS) 58
5.2.2 INCREASE IN THE DEMAND FOR ANIMAL PRODUCTS IN DEVELOPING COUNTRIES 59
FIGURE 18 GLOBAL PER CAPITA MEAT CONSUMPTION, 2016–2020 (POUNDS/CAPITA) 60
5.3 MARKET DYNAMICS 61
FIGURE 19 INCREASING MEAT CONSUMPTION HAS LED TO AN INCREASED DEMAND FOR FEED, THEREBY INCREASING THE DEMAND FOR FEED BINDERS 61
5.3.1 DRIVERS 61
5.3.1.1 Strong growth in the compound feed industry 61
FIGURE 20 COMPOUND FEED PRODUCTION TREND IN THE EU,
2011–2018 (MILLION TONNES) 62
5.3.1.1.1 COVID impact on the global meat consumption 62
5.3.1.2 Growing concerns regarding animal health 63
5.3.1.2.1 COVID impact on the global trade of feed equipment
and production 63
5.3.2 RESTRAINTS 64
5.3.2.1 Price volatility and availability of raw materials 64
FIGURE 21 PRICE ANALYSIS OF FEED RAW MATERIALS, 2006–2017 (USD/MT) 64
5.3.2.2 Regulatory bans and restrictions 65
5.3.3 OPPORTUNITIES 65
5.3.3.1 Increased popularity of natural solutions for pet food nutrition 65
5.3.3.2 Strategic growth initiatives for manufacturers to enter untapped markets 65
5.3.4 CHALLENGES 66
5.3.4.1 Low-quality products can be a challenge in developing economies 66
5.3.4.2 To identify cost-efficient nutritive binders 66
5.4 PRE & POST COVID-19 IMPACT ON FEED BINDERS MARKET 66
FIGURE 22 PRE & POST COVID-19 IMPACT ON FEED BINDERS MARKET 66
5.5 INDUSTRY TRENDS 67
5.6 VALUE CHAIN ANALYSIS 68
FIGURE 23 R&D AND RAW MATERIALS & MANUFACTURING: MAJOR PHASES OF
VALUE ADDITION 68
5.7 REGULATORY FRAMEWORK 69
5.7.1 EUROPEAN UNION 69
5.7.2 US 69
5.7.3 CHINA 70
5.7.4 CANADA 70
5.7.5 BRAZIL 70
5.7.6 JAPAN 71
5.7.7 SOUTH AFRICA 71

6 FEED BINDERS MARKET, BY TYPE 72
6.1 INTRODUCTION 73
FIGURE 24 LIGNOSULFONATES SEGMENT TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD (USD MILLION) 73
TABLE 2 FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 74
TABLE 3 FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 74
TABLE 4 FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 74
TABLE 5 FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 75
6.2 LIGNOSULFONATES 75
6.2.1 THE DEMAND FOR LIGNOSULFONATES IS INCREASING, OWING TO THE EASY AVAILABILITY OF RAW MATERIALS, ESPECIALLY CELLULOSE MATERIALS 75
TABLE 6 LIGNOSULFONATES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 76
TABLE 7 LIGNOSULFONATES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 76
TABLE 8 LIGNOSULFONATES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (?000 TONS) 76
TABLE 9 LIGNOSULFONATES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (?000 TONS) 77
6.3 PLANT GUMS & STARCHES 77
6.3.1 STRONG GROWTH IS WITNESSED IN THE ASIA PACIFIC REGION, IN TERMS OF VOLUME, DUE TO THE HIGH AVAILABILITY OF GUAR GUM AND TAPIOCA STARCH AT CHEAPER COSTS 77
TABLE 10 PLANT GUM & STARCHES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 78
TABLE 11 PLANT GUM & STARCHES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 78
TABLE 12 PLANT GUM & STARCHES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (?000 TONS) 78
TABLE 13 PLANT GUM & STARCHES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (?000 TONS) 79
6.4 GELATIN & OTHER HYDROCOLLOIDS 79
6.4.1 GROWING REGULATORY CHALLENGES IN EUROPEAN COUNTRIES
HAVE LED TO THE REDUCED ADOPTION OF GELATIN AS FEED BINDERS 79
TABLE 14 GELATIN & OTHER HYDROCOLLOIDS: FEED BINDERS MARKET SIZE,
BY REGION, 2016–2019 (USD MILLION) 80
TABLE 15 GELATIN & OTHER HYDROCOLLOIDS: FEED BINDERS MARKET SIZE,
BY REGION, 2020–2025 (USD MILLION) 80
TABLE 16 GELATIN & OTHER HYDROCOLLOIDS: FEED BINDERS MARKET SIZE,
BY REGION, 2016–2019 (?000 TONS) 81
TABLE 17 GELATIN & OTHER HYDROCOLLOIDS: FEED BINDERS MARKET SIZE,
BY REGION, 2020–2025 (?000 TONS) 81
6.5 MOLASSES 82
6.5.1 MOLASSES BINDERS, A SAFE AND ECONOMICAL SOURCE OF BINDERS, WITNESSING STRONG GROWTH 82
TABLE 18 MOLASSES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 82
TABLE 19 MOLASSES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 82
TABLE 20 MOLASSES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (?000 TONS) 83
TABLE 21 MOLASSES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (?000 TONS) 83
6.6 CLAY 84
6.6.1 THE UTILIZATION OF CLAY IN POULTRY FEED HAS BEEN INCREASING DUE TO ITS WATER ABSORPTION PROPERTIES TO REDUCE WET DROPPINGS 84
TABLE 22 CLAY: FEED BINDERS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 84
TABLE 23 CLAY: FEED BINDERS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 84
TABLE 24 CLAY: FEED BINDERS MARKET SIZE, BY REGION, 2016–2019 (?000 TONS) 85
TABLE 25 CLAY: FEED BINDERS MARKET SIZE, BY REGION, 2020–2025 (?000 TONS) 85
6.7 OTHER TYPES 86
6.7.1 THESE FEED BINDERS ARE USED ON PREMIUM FEED PRODUCTS DUE TO HIGH PRICES 86
TABLE 26 OTHER TYPES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 86
TABLE 27 OTHER TYPES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 87
TABLE 28 OTHER TYPES: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (?000 TONS) 87
TABLE 29 OTHER TYPES: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (?000 TONS) 88
_
7 FEED BINDERS MARKET, BY SOURCE 89
7.1 INTRODUCTION 90
FIGURE 25 NATURAL SEGMENT PROJECTED TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD 90
TABLE 30 FEED BINDERS MARKET SIZE, BY SOURCE, 2016–2019 (USD MILLION) 90
TABLE 31 FEED BINDERS MARKET SIZE, BY SOURCE, 2020–2025 (USD MILLION) 91
7.2 NATURAL 91
7.2.1 INCREASING DEMAND FOR ORGANIC OR NATURAL FEED AND
PET FOOD PROPELLING THE GROWTH OF THE MARKET 91
TABLE 32 NATURAL: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 91
TABLE 33 NATURAL: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 92
7.3 SYNTHETIC 92
7.3.1 COST-EFFECTIVENESS OF SYNTHETIC BINDERS CONTINUES TO CREATE DEMAND 92
TABLE 34 SYNTHETIC: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 93
TABLE 35 SYNTHETIC: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 93
8 FEED BINDERS MARKET, BY LIVESTOCK 94
8.1 MACROINDICATORS 95
8.1.1 INCREASE IN LIVESTOCK POPULATION 95
FIGURE 26 GLOBAL LIVESTOCK PRODUCTION, 2011–2017 (BILLION HEADS) 95
8.2 INTRODUCTION 96
FIGURE 27 POULTRY IS PROJECTED TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD 96
TABLE 36 FEED BINDERS MARKET SIZE, BY LIVESTOCK, 2016–2019 (USD MILLION) 97
TABLE 37 FEED BINDERS MARKET SIZE, BY LIVESTOCK, 2020–2025 (USD MILLION) 97
8.3 POULTRY 98
8.3.1 THE POULTRY SEGMENT IS PROJECTED TO BE THE LARGEST DURING THE FORECAST PERIOD 98
8.3.2 COVID-19 IMPACT ON POULTRY FEED SECTOR 98
TABLE 38 POULTRY: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 99
TABLE 39 POULTRY: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 99
8.4 SWINE 100
8.4.1 INCREASING PORK CONSUMPTION TO PRESENT HIGH-GROWTH POTENTIAL FOR FEED BINDERS 100
8.4.2 COVID-19 IMPACT ON SWINE FEED SECTOR 100
TABLE 40 SWINE: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 101
TABLE 41 SWINE: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 101
8.5 CATTLE 102
8.5.1 INCREASING DEMAND FOR DAIRY AND DAIRY-BASED PRODUCTS TO DRIVE THE DEMAND FOR CATTLE SEGMENT 102
8.5.2 COVID-19 IMPACT ON CATTLE FEED SECTOR 102
TABLE 42 CATTLE: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 102
TABLE 43 CATTLE: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 103
8.6 AQUATIC ANIMALS 103
8.6.1 HIGH GROWTH IN THE AQUAFEED INDUSTRY IN THE ASIA PACIFIC REGION TO OFFER GROWTH OPPORTUNITIES FOR MANUFACTURERS 103
8.6.2 COVID-19 IMPACT ON AQUAFEED SECTOR 103
TABLE 44 AQUATIC ANIMALS: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 104
TABLE 45 AQUATIC ANIMALS: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 104
8.7 DOGS & CATS 105
8.7.1 INCREASE IN THE NUMBER OF PET OWNERS AND RISING EXPENDITURE ON PET FOOD TO OFFER GROWTH OPPORTUNITIES FOR FEED BINDER MANUFACTURERS 105
8.7.2 COVID-19 IMPACT ON DOG & CAT FOOD 105
TABLE 46 DOGS & CATS: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 105
TABLE 47 DOGS & CATS: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 106
8.8 OTHER LIVESTOCK 106
8.8.1 THE GROWING NEED TO IMPROVE THE PERFORMANCE OF EQUINE TO DRIVE THE MARKET GROWTH 106
TABLE 48 OTHER LIVESTOCK: FEED BINDERS MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 106
TABLE 49 OTHER LIVESTOCK: FEED BINDERS MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 107

9 FEED BINDERS MARKET, BY REGION 108
9.1 INTRODUCTION 109
FIGURE 28 CHINA TO ACCOUNT FOR THE LARGEST SHARE IN THE FEED BINDERS MARKET, BY VALUE, IN 2020 110
TABLE 50 FEED BINDERS MARKET SIZE, BY REGION, 2016–2019 (?000 TONS) 110
TABLE 51 FEED BINDERS MARKET SIZE, BY REGION, 2020–2025 (?000 TONS) 111
TABLE 52 FEED BINDERS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 111
TABLE 53 FEED BINDERS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 111
9.2 NORTH AMERICA 112
FIGURE 29 NORTH AMERICA: REGIONAL SNAPSHOT, 2020 113
TABLE 54 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 113
TABLE 55 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION) 114
TABLE 56 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY COUNTRY,
2016–2019 (?000 TONS) 114
TABLE 57 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY COUNTRY,
2020–2025 (?000 TONS) 114
TABLE 58 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 115
TABLE 59 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 115
TABLE 60 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (?000 TONS) 116
TABLE 61 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (?000 TONS) 116
TABLE 62 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 117
TABLE 63 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (USD MILLION) 117
TABLE 64 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY SOURCE,
2016–2019 (USD MILLION) 117
TABLE 65 NORTH AMERICA: FEED BINDERS MARKET SIZE, BY SOURCE,
2020–2025 (USD MILLION) 118
9.2.1 US 118
9.2.1.1 Demand for quality feed products driving the demand for feed binders 118
TABLE 66 US: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 118
TABLE 67 US: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 119
TABLE 68 US: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 119
TABLE 69 US: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 120
TABLE 70 US: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 120
TABLE 71 US: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 121
9.2.2 CANADA 121
9.2.2.1 Relatively low-cost feed raw materials allow manufacturers to adopt high-quality feed binders for compound feed production 121
TABLE 72 CANADA: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 122
TABLE 73 CANADA: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 122
TABLE 74 CANADA: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 122
TABLE 75 CANADA: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 123
TABLE 76 CANADA: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 123
TABLE 77 CANADA: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 124
9.2.3 MEXICO 124
9.2.3.1 Rising export demand for high-quality meat to boost the market for feed binders 124
TABLE 78 MEXICO: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 125
TABLE 79 MEXICO: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 125
TABLE 80 MEXICO: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 126
TABLE 81 MEXICO: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 126
TABLE 82 MEXICO: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 126
TABLE 83 MEXICO: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 127
9.3 COVID-19 IMPACT ON NORTH AMERICA 127
9.4 EUROPE 128
FIGURE 30 EUROPE: REGIONAL SNAPSHOT, 2020 129
TABLE 84 EUROPE: FEED BINDERS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 130
TABLE 85 EUROPE: FEED BINDERS MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION) 130
TABLE 86 EUROPE: FEED BINDERS MARKET SIZE, BY COUNTRY,
2016–2019 (?000 TONS) 131
TABLE 87 EUROPE: FEED BINDERS MARKET SIZE, BY COUNTRY,
2020–2025 (?000 TONS) 131
TABLE 88 EUROPE: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 132
TABLE 89 EUROPE: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 132
TABLE 90 EUROPE: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 133
TABLE 91 EUROPE: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 133
TABLE 92 EUROPE: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 134
TABLE 93 EUROPE: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 134
TABLE 94 EUROPE: FEED BINDERS MARKET SIZE, BY SOURCE,
2016–2019 (USD MILLION) 134
TABLE 95 EUROPE: FEED BINDERS MARKET SIZE, BY SOURCE,
2020–2025 (USD MILLION) 135
9.4.1 SPAIN 135
9.4.1.1 Increasing demand to produce better quality, nutritious livestock feed propelling the demand for feed binders 135
TABLE 96 SPAIN: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 135
TABLE 97 SPAIN: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 136
TABLE 98 SPAIN: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 136
TABLE 99 SPAIN: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 137
TABLE 100 SPAIN: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 137
TABLE 101 SPAIN: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 138
9.4.2 RUSSIA 138
9.4.2.1 The Russian meat industry has witnessed significant growth in recent years, which has led to the increased consumption of compound feed and feed binders 138
TABLE 102 RUSSIA: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 139
TABLE 103 RUSSIA: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 139
TABLE 104 RUSSIA: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 139
TABLE 105 RUSSIA: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 140
TABLE 106 RUSSIA: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 140
TABLE 107 RUSSIA: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 141
9.4.3 GERMANY 141
9.4.3.1 Increased production of quality feed has led to the usage of feed additives, such as feed binders 141
TABLE 108 GERMANY: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 142
TABLE 109 GERMANY: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 142
TABLE 110 GERMANY: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 143
TABLE 111 GERMANY: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (USD MILLION) 143
TABLE 112 GERMANY: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 143
TABLE 113 GERMANY: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 144
9.4.4 FRANCE 144
9.4.4.1 Quality concerns pertaining to disease outbreaks have led to the increased adoption of high-quality feed additives, such as feed binders 144
TABLE 114 FRANCE: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 145
TABLE 115 FRANCE: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 145
TABLE 116 FRANCE: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 146
TABLE 117 FRANCE: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 146
TABLE 118 FRANCE: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 146
TABLE 119 FRANCE: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 147
9.4.5 ITALY 147
9.4.5.1 Increased focus on the imports of young calves to grow them for meat has led to the increased demand for feed and feed additives 147
TABLE 120 ITALY: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 148
TABLE 121 ITALY: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 148
TABLE 122 ITALY: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 148
TABLE 123 ITALY: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 149
TABLE 124 ITALY: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 149
TABLE 125 ITALY: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 150
9.4.6 UK 150
9.4.6.1 Intensive farming adoption has led to higher usage of feed additives, such as feed binders 150
TABLE 126 UK: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (?000 TONS) 151
TABLE 127 UK: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (?000 TONS) 151
TABLE 128 UK: FEED BINDERS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 151
TABLE 129 UK: FEED BINDERS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 152
TABLE 130 UK: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 152
TABLE 131 UK: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 153
9.4.7 REST OF EUROPE 153
9.4.7.1 Growth of the swine industry has led to the increased demand for compound feed and feed binders 153
TABLE 132 REST OF EUROPE: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (?000 TONS) 154
TABLE 133 REST OF EUROPE: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (?000 TONS) 154
TABLE 134 REST OF EUROPE: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 154
TABLE 135 REST OF EUROPE: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (USD MILLION) 155
TABLE 136 REST OF EUROPE: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 155
TABLE 137 REST OF EUROPE: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 156
9.5 COVID-19 IMPACT ON EUROPE 156
9.6 ASIA PACIFIC 157
TABLE 138 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 158
TABLE 139 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION) 158
TABLE 140 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY COUNTRY,
2016–2019 (?000 TONS) 158
TABLE 141 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY COUNTRY,
2020–2025 (?000 TONS) 159
TABLE 142 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2016–2019 (USD MILLION) 159
TABLE 143 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY LIVESTOCK,
2020–2025 (USD MILLION) 160
TABLE 144 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (?000 TONS) 160
TABLE 145 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (?000 TONS) 161
TABLE 146 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 161
TABLE 147 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY TYPE,
2020–2025 (USD MILLION) 162
TABLE 148 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY SOURCE,
2016–2019 (USD MILLION) 162
TABLE 149 ASIA PACIFIC: FEED BINDERS MARKET SIZE, BY SOURCE,
2020–2025 (USD MILLION) 162