Asia Pacific Feed Pelletizing Agents Market Size (2024 - 2029)

The Asia Pacific feed pelletizing agents market is experiencing growth driven by the advantages of pelleted feed over mash feed, such as improved animal feed intake and weight gain. This market expansion is supported by the enhanced performance of animals fed with pelleted food. Lignin additives, including sodium and calcium lignosulfonates, play a crucial role in producing efficient animal feed pellets, particularly for the fish and aquaculture segments. The region's market size is influenced by these factors, highlighting the increasing demand and application of feed pelletizing agents.

Market Size of Asia Pacific Feed Pelletizing Agents Industry

Asia Pacific Feed Pelletizing Agents Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.00 %

Major Players

Asia Pacific Feed Pelletizing Agents Market Major Players

*Disclaimer: Major Players sorted in no particular order

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.

APAC Feed Pelletizing Agents Industry Segmentation

Feed pelletizing agents convert finely ground mash into capsules or tablet form. Pelletizing agents are added to feed during the processing stage to bind the feed together in the required size and shape to form a pellet. The Asia-Pacific feed pelletizing agents market is segmented based on type, application, and by countries. A detailed segment-wise study on the feed pelletizing market covering the major players present in the market along with the market trends and opportunities are included in the report.

Type
Lignin-based Binders/ Lignosulfonates
Hemi-cellulose Binders
Mineral Binders (Clays)
Specialty Binders
Animal Type
Ruminant
Poultry
Swine
Aquaculture
Pets
Others
Geography
China
Japan
India
Australia
Rest of Asia-Pacific
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Asia Pacific Feed Pelletizing Agents Market Size Summary

The Asia Pacific feed pelletizing agents market is the largest globally, driven by the increasing demand for pelleted feed over mash feed due to its benefits such as improved feed intake and weight gain in animals. The market is experiencing growth due to the enhanced performance of livestock and aquaculture, with lignin-based additives like sodium and calcium lignosulfonates playing a crucial role in producing efficient animal feed pellets. The region's rapid population growth, particularly in China and India, has led to a surge in demand for animal protein, prompting farmers to adopt industrial feed production methods. This shift has resulted in significant improvements in feed intake, weight gain, and feed conversion, further boosting the market for feed pelletizing agents.

The rising consumption and production of meat, especially in China and India, have led to increased feed consumption, positively impacting the pelletizing agents market. The seafood industry's growth, driven by the health benefits of fish consumption, has also contributed to the demand for higher feed production, with fish feed preferred in pellet form for its digestibility. The market is characterized by a few major players, including BASF, Brenntag Group, Kiotechagil, Uniscope Inc., Borregaard LignoTech, and Bentonite Performance Minerals LLC, who are investing in research and development to introduce new products and strengthen their market presence. These companies are focusing on expanding their customer base by leveraging the advantages of pelleted feed, which continues to drive the market's growth.

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Asia Pacific Feed Pelletizing Agents Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Lignin-based Binders/ Lignosulfonates

      2. 2.1.2 Hemi-cellulose Binders

      3. 2.1.3 Mineral Binders (Clays)

      4. 2.1.4 Specialty Binders

    2. 2.2 Animal Type

      1. 2.2.1 Ruminant

      2. 2.2.2 Poultry

      3. 2.2.3 Swine

      4. 2.2.4 Aquaculture

      5. 2.2.5 Pets

      6. 2.2.6 Others

    3. 2.3 Geography

      1. 2.3.1 China

      2. 2.3.2 Japan

      3. 2.3.3 India

      4. 2.3.4 Australia

      5. 2.3.5 Rest of Asia-Pacific

Asia Pacific Feed Pelletizing Agents Market Size FAQs

The Asia Pacific Feed Pelletizing Agents Market is projected to register a CAGR of 3% during the forecast period (2024-2029)

BASF SE, Uniscope Inc., Borregaard LignoTech, Bentonite Performance Minerals LLC and Brenntag Group are the major companies operating in the Asia Pacific Feed Pelletizing Agents Market.

Asia Pacific Feed Pelletizing Agents Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)