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North America Feed Pelletizing Agents Market By Type (Natural, Synthetic), Animal Type (Ruminant, Poultry, Swine, Aquaculture, Pet Food, And Others) And Region -Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: March, 2023
ID: 6449
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Feed Pelletizing Agents Market Size, Growth, Trends and Forecast:

North America Feed Pelletizing Agents market is anticipated to grow at xx% CAGR from 2022 - 2027 and it is estimated that the North America market was valued at USD xx billion in 2021 and is expected to reach USD xx billion by 2026.

Feed pelleting can be defined as the conversion of finely ground mash feed into dense, free-flowing pellets or capsules, in a process that involves steam injection and mechanical pressure. There are several advantages for feeding broilers pelleted rather than mash feed. The key advantage is the improved bird performance i.e. improved feed intake, weight gain, and feed conversion.

Drivers and Restraints of North America Feed Pelletizing Agents Market:

Feed Pelletizing market is mainly driven by the advantages of pelleted feed such as higher feed intake and weight gain of animals. The market has further expanded with more evidence of enhanced performance of animals due to pelleted feed. Pelleted feed has proven to be easily digestible for many animals as the process breaks many long chain molecules. Ease of handling and transportation aids the market to grow further. Pelletizing agents are added to feed during the processing stage. They bond the feed together in a required size and shape to form a pellet. The population has been growing, as the population grows there are more mouths to feed which is increasing the demand for protein, especially animal protein.

To meet the market demands, farmers were pressurized to increase animal production. Pelleted feed helped them to achieve significant results. Currently, every type of feed ranging from low t high quality is available in the form of pellets. In most of the cases, it is also proven that the pelletizing costs are easily overcome by the pelleted feed effect on animals with high improvements in performance. High costs associated with processing and manufacturing the feed to pellet form are hindering the growth of the market. Moreover, unfavorable climatic conditions have also led to a rise in the cost of raw materials.

North America Feed Pelletizing Agents Market Segmentation:

North America Feed Pelletizing Agents Market – By Type:

  • Natural

  • Synthetic

Natural feed pelletizing agents are the dominating products in the market. They are favored by the farmers, due to growing demand for naturally derived products. Regulations against synthetic products have created an opportunity for natural products to spur the growth of the market.

North America Feed Pelletizing Agents Market – By Animal Type:

  • Ruminant
  • Poultry
  • Swine
  • Aquaculture
  • Pet food
  • others

Fish feed is mostly preferred as pellet form as they float in water for a long time, which is easy for fish to digest and absorb. This makes the fish feed to hold a considerable share in the market. Moreover, Pet and horse feeds are seen significantly in pelleted forms, as they have long shelf life and comparatively cheaper than wet food.

Geographical Analysis:

Based on geography, the market is segmented into U.S. and Canada.   North America accounted for the largest share of the market. Growing demand for organic or natural products and health safety conscious in USA and Canada, the demand for naturally derived agents are gaining the popularity among the pelletizing agents. Bentonite is a natural feed pelletizing agent which is produced mainly in USA and Canada. USA is the largest producer of Bentonite with nearly one-third of world’s production.

Key Players:

Some of the key players dominating the market are BASF SE, DOW Agrosciences LLC, KWS SAAT SE, Monsanto Co., Land O’ Lakes Inc., Sakata Seed Corp, Bejo Zaden BV, Takii Sedds, Agreliant Genetics LLC, Syngenta AG Groupe Limagrain, E.l. du Poant de Nemours & Co, DLF Seeds and Science, Bayer Crop Science India Ltd, and Canterra Seeds Holdings Ltd.

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