Feed Mycotoxin Binders Market Overview
Feed Mycotoxin Binders Market Size Was Valued at USD 2.54 Billion in 2023, and is Projected to Reach USD 3.43 Billion by 2032, Growing at a CAGR of 3.39% From 2024-2032
Mycotoxin binder or adsorbent is a substance, which is added to animal feed in small quantities that bind to mycotoxins and prevent them from getting absorbed in the gut, thus preventing them from entering the bloodstream of livestock. Mycotoxins are chemical substances produced from fungi (molds), which swallowed by livestock can negatively affect the performance of the livestock, thus helping the feed mycotoxin binders' market to expand in the forecast period. Animal feed has become an eccentric issue with the rising population of livestock, to tackle this problem feed volume has increased still this feed is incompetent as it contains some harmful substances along with vital nutrients, these harmful substances hamper the uptake of nutrients that are essential for the growth of livestock, thus halting the production capacity and performance of the livestock.
Moreover, the animal feed contains fungi which are responsible for the proliferation of mycotoxins. More than 500 mycotoxins are identified in the environment. Most common mycotoxins include- aflatoxins, ergot alkaloids, ochratoxins, trichothecenes, fumonisins, and zearalenone. Bentonites are extraordinary substances for the adsorption of aflatoxin B1 (AfB1). Research studies have shown that bentonites can effectively reduce the hindering effects of dietary aflatoxin B1 (AfB1). Bentonite alone is not effective in binding all the mycotoxins present in the environment. Moreover, the occurrence of mycotoxins in animal feed has increased in recent times, eventually helping the feed mycotoxin binders market expand during the forecast period.
Market Dynamics And Factors In Feed Mycotoxin Binders Market
Drivers:
A growing concern of mycotoxins in animal feed
Mycotoxin-triggered contamination in the animal feed industry is the leading cause driving the growth of the feed mycotoxin binders’ market in the forecast period. The rising population of livestock and the flaws in traditional practice methods of feeding animals has forced livestock growers to enhance the quality of feed. According to the FAO study, 25% of the animal feed crops produced around the globe contain mycotoxin. Moreover, to maximize livestock production, performance, and health, the use of mycotoxin binders among the livestock growers is expected to increase, eventually encouraging the development of feed mycotoxin binders' market during the forecast period. Recently, there have been a lot of incidences of disease outbreaks across the globe and there are future concerns of more outbreaks causing tremendous financial losses to the livestock growers. To reduce mycotoxicosis and to enhance livestock growth, mycotoxin binders are gaining popularity. Rapid urbanization and changing lifestyles have compelled consumers to shift towards ready-to-eat food products. Packaged meat products have seen a tremendous rise in recent years. Additionally, to elevate the standards of these meat products, livestock growers are embracing the innovative technologies to ensure the required standards are met thus, supporting the expansion of the feed mycotoxin binders' market throughout the forecast.
Restraints:
Traditional uses of jaggery blended animal feed and lack of awareness of mycotoxin feed additives is the leading restraint of the market
Livestock growers don't have enough knowledge of the use of mycotoxin binders, livestock growers practice traditional jaggery blended methods to feed livestock, which lacks mycotoxin binders thus hampering the growth, production, performance, and health of the livestock. The prominent use of acidifiers, mold growth inhibitors and other feed preservatives to promote gut health instead of mycotoxin binders will restrain the growth of the market. The high cost associated with the manufacturing of mycotoxin binders and their insufficiency in binding to mycotoxins in certain cases is still a big deal. Moreover, small livestock growers are unaware of feed mycotoxin binders, which hinders the expansion of the market in the forecast period. Though the mycotoxin binders bind the mycotoxin, certain binders bind with the proteins which reduce the protein uptake, eventually restraining the growth of the market.
Opportunities:
Increasing livestock population and a need to increase the performance of livestock, to meet the daily rising requirement of meat and dairy products.
As the human population continues to grow the need for animal products such as meat, poultry, dairy products, wool, leather, and other products also increase. Moreover, to match this requirement, successive steps should be taken to enhance livestock health, significantly providing opportunities for the market companies to develop economical feed additives that will boost livestock health and their performance. The big opportunity for market companies is that developing economies are focused more on livestock health, as livestock products contribute to nearly 50% of agricultural GDP in high-income countries and 25% of agricultural GDP in low-income countries, according to the Livestock Data for Decisions (LD4D).
Challenges:
Negligence In Quality Control
Increasing demand for mycotoxin binders has led to adulteration in animal feed additives, having low binding capabilities which is a challenge for the companies to produce mycotoxin binders under strict quality control. The development of mycotoxin binders having high adsorptive capacity, specificity, and safety is a key challenge to market companies. Moreover, a single mycotoxin binder is not effective in binding all the mycotoxins present in the environment, thus depending on the geographical area and the presence of mycotoxins, selective binders should be used to prevent the irrational use of a useless binder.
Market Segmentation
Segmentation Analysis of Feed Mycotoxin Binders Market:
Depending on Products, the clay segment is forecasted to dominate the feed mycotoxin binders market in the forecast period. The growing awareness about the advantageous effects of clay in animal feed is the main factor driving the growth of this segment. Natural Carbon Clay a subtype of clay segment is a natural mineral made of carbon (charcoal) and kaolin clay. It performs several functions such as absorbent of ammonia, liquid, mycotoxins, other toxins, and pathogens in the animal's gut. Studies have shown that utilization of clay as a feed mycotoxin binder has reduced ammonia emissions, enhanced the health of livestock, and has improved dung decomposition thus, helping the segment expand.
Depending on the Source, the inorganic segment is predicted to lead the feed mycotoxin binders market in the estimated timeframe. The inorganic feed mycotoxin binders play a vital role in adsorbing mycotoxins. Inorganic mycotoxin adsorbing agents can be silica-based, natural clay products, or synthetic polymers. In addition, they are efficient in preventing adverse effects exerted by many toxic agents, not only from the environment but also from living organisms. Inorganic mycotoxin binders such as aluminosilicates, bentonites, montmorillonites, zeolite, HSCAS (Hydrated sodium calcium aluminosilicate), and synthetic polymers are used in the feed industry to bind the harmful aflatoxins.
Depending on the Form, the dry segment is expected to have the highest share of the feed mycotoxin binders’ market in the projected year. The dry form of feed mycotoxin binders mixes readily with the animal feed and other ingredients. Furthermore, the dry form can be easily stored by the users and are easy to measure thus, stimulating the growth of the segment.
Depending on Livestock, the poultry segment is anticipated to have the highest growth rate. The rising disease outbreaks in the poultry population are the vital factor supporting the growth of this segment. Moreover, to increase the quality of meat and eggs for commercial consumption and growing concern about poultry health is increasing the consumption of feed mycotoxin in poultry feed.
Regional Analysis of Feed Mycotoxin Binders Market:
The North American region is anticipated to have the highest share of the Feed Mycotoxin Binders Market in the forecast period. The presence of prominent companies and the increasing awareness about diseases related to mycotoxins is stimulating livestock growers to increase the usage of mycotoxin binders in animal feed. The major crops utilized for animal feed in this region are corn, wheat, and barley. In addition, these crops are highly susceptible to the growth of fungus and mycotoxin contamination. To eliminate the growth of mycotoxin contaminants in the food chain the demand for feed mycotoxin binders is increasing rapidly thus, strengthening the development of the market in this region.
North America followed by Asia, is forecasted to have the highest significant growth rate during the forecast period. The rise in the consumption of animal-derived food products such as milk, meat, and others is a vital factor in increasing the consumption of feed mycotoxin binders in this region. The livestock population in this region has flourished at a rapid rate. Moreover, to feed the ever-growing livestock population, feed volume has increased but the quality of feed has degraded. To elevate the quality of feed livestock growers are utilizing mycotoxin binders in animal feeds. Countries like China, India, Australia, and Japan are prominent contributors to the growth of the market.
The European region is expected to show a positive growth rate in the period of forecast. Swine is the most reared livestock in this region. Countries such as Spain, Germany, France, and Denmark are prominent countries rearing swine for their meat. Moreover, the swine population in this region was 143 million according to the latest report of Eurostat. Furthermore, swine breeding and the young pigs being susceptible to mycotoxin contamination is forcing livestock growers to incorporate mycotoxin binder in animal feed thus, supporting the development of feed mycotoxin binders' market during the forecast region in this region.
Players Covered in Feed Mycotoxin Binders Market are:
- BIOMIN (Austria)
- Bentoli (US)
- AngelYeast Co.Ltd. (China)
- Cargill (US)
- BASF SE (Germany)
- Archer Daniels Midland (US)
- Bayer AG (Germany)
- Perstorp (Sweden)
- Chr. Hansen Holding A/S (Denmark)
- Anfotal Nutrition's Private Limited (India)
- Vlvipro (UK)
- Virbac (India)
- NOVUS INTERNATIONAL (US)
- Selko (Netherlands) and Other major key players.
COVID-19 Impact on Feed Mycotoxin Binders Market
The outbreak of COVID-19 adversely affected the operational activities of several industry verticals. To curb the spread of the virus various restrictions were imposed on the movements of people. Government worldwide forced the non-essential industries to shut down. The lockdowns resulted in a shortage of raw materials required for the production of feed mycotoxin binders. Moreover, the demand for meat products amid the pandemic fell sharply hence, production and prices of meat products fell simultaneously. Within the U.S., the shutdown began on March 27th, 2020, with a Foster Farms poultry processing plant at Farmerville, Louisiana. In addition, a cascade of closures started across cattle, poultry, and pig sectors while some closures were only for a few days for deep cleaning and others were longer. These closures resulted in the decline of slaughter and processing capacity. Furthermore, pig slaughter capacity in the U.S. was operating at only about 55% of normal, meaning that about 250,000 pigs a day were at slaughter weight, but had nowhere to go for slaughter. The impact was similar on other livestock industries.
Key Industry Development In Feed Mycotoxin Binders Market
- In October 2023, BIOMIN Holding GmbH announced the launched of Biofix Pro, a new mycotoxin binder specifically designed for poultry feed. Biofix Pro is a synergistic blend of yeast cell wall components and inorganic adsorbents that effectively binds a wide range of mycotoxins, including aflatoxins, fumonisins, and zearalenone.
Feed Mycotoxin Binders Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.54 Bn. |
Forecast Period 2034-32 CAGR: |
3.39% |
Market Size in 2032: |
USD 3.43 Bn. |
Segments Covered: |
By Product |
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By source |
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By Form |
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By Livestock |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product
3.2 By Source
3.3 By Form
3.4 By Livestock
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Feed Mycotoxin Binders Market by Product
5.1 Feed Mycotoxin Binders Market Overview Snapshot and Growth Engine
5.2 Feed Mycotoxin Binders Market Overview
5.3 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}: Grographic Segmentation
5.4 Clays {Bentonite Clay
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Clays {Bentonite Clay: Grographic Segmentation
5.5 Natural Carbon Clay}
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Natural Carbon Clay}: Grographic Segmentation
5.6 Zeolites
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Zeolites: Grographic Segmentation
5.7 Activated Charcoal
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Activated Charcoal: Grographic Segmentation
5.8 Cell-Wall Components of Yeasts
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Cell-Wall Components of Yeasts: Grographic Segmentation
Chapter 6: Feed Mycotoxin Binders Market by Source
6.1 Feed Mycotoxin Binders Market Overview Snapshot and Growth Engine
6.2 Feed Mycotoxin Binders Market Overview
6.3 Organic
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Organic: Grographic Segmentation
6.4 Inorganic
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Inorganic: Grographic Segmentation
Chapter 7: Feed Mycotoxin Binders Market by Form
7.1 Feed Mycotoxin Binders Market Overview Snapshot and Growth Engine
7.2 Feed Mycotoxin Binders Market Overview
7.3 Liquid
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Liquid: Grographic Segmentation
7.4 Dry
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Dry: Grographic Segmentation
Chapter 8: Feed Mycotoxin Binders Market by Livestock
8.1 Feed Mycotoxin Binders Market Overview Snapshot and Growth Engine
8.2 Feed Mycotoxin Binders Market Overview
8.3 Poultry
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2017-2032F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Poultry: Grographic Segmentation
8.4 Swine
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2017-2032F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Swine: Grographic Segmentation
8.5 Ruminants
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2017-2032F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Ruminants: Grographic Segmentation
8.6 Aquatic Animals
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size (2017-2032F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Aquatic Animals: Grographic Segmentation
8.7 Others
8.7.1 Introduction and Market Overview
8.7.2 Historic and Forecasted Market Size (2017-2032F)
8.7.3 Key Market Trends, Growth Factors and Opportunities
8.7.4 Others: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Feed Mycotoxin Binders Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Ansoff Matrix
9.1.5 Feed Mycotoxin Binders Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Feed Mycotoxin Binders Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 BIOMIN
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 BENTOLI
9.4 ANGELYEAST CO.LTD.
9.5 CARGILL
9.6 BASF SE
9.7 ARCHER DANIELS MIDLAND
9.8 BAYER AG
9.9 PERSTORP
9.10 CHR. HANSEN HOLDING A/S
9.11 ANFOTAL NUTRITION'S PRIVATE LIMITED
9.12 VLVIPRO
9.13 VIRBAC
9.14 NOVUS INTERNATIONAL
9.15 SELKO
9.16 OTHER MAJOR PLAYERS
Chapter 10: Global Feed Mycotoxin Binders Market Analysis, Insights and Forecast, 2017-2032
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Product
10.2.1 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
10.2.2 Clays {Bentonite Clay
10.2.3 Natural Carbon Clay}
10.2.4 Zeolites
10.2.5 Activated Charcoal
10.2.6 Cell-Wall Components of Yeasts
10.3 Historic and Forecasted Market Size By Source
10.3.1 Organic
10.3.2 Inorganic
10.4 Historic and Forecasted Market Size By Form
10.4.1 Liquid
10.4.2 Dry
10.5 Historic and Forecasted Market Size By Livestock
10.5.1 Poultry
10.5.2 Swine
10.5.3 Ruminants
10.5.4 Aquatic Animals
10.5.5 Others
Chapter 11: North America Feed Mycotoxin Binders Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Product
11.4.1 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
11.4.2 Clays {Bentonite Clay
11.4.3 Natural Carbon Clay}
11.4.4 Zeolites
11.4.5 Activated Charcoal
11.4.6 Cell-Wall Components of Yeasts
11.5 Historic and Forecasted Market Size By Source
11.5.1 Organic
11.5.2 Inorganic
11.6 Historic and Forecasted Market Size By Form
11.6.1 Liquid
11.6.2 Dry
11.7 Historic and Forecasted Market Size By Livestock
11.7.1 Poultry
11.7.2 Swine
11.7.3 Ruminants
11.7.4 Aquatic Animals
11.7.5 Others
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Feed Mycotoxin Binders Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Product
12.4.1 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
12.4.2 Clays {Bentonite Clay
12.4.3 Natural Carbon Clay}
12.4.4 Zeolites
12.4.5 Activated Charcoal
12.4.6 Cell-Wall Components of Yeasts
12.5 Historic and Forecasted Market Size By Source
12.5.1 Organic
12.5.2 Inorganic
12.6 Historic and Forecasted Market Size By Form
12.6.1 Liquid
12.6.2 Dry
12.7 Historic and Forecasted Market Size By Livestock
12.7.1 Poultry
12.7.2 Swine
12.7.3 Ruminants
12.7.4 Aquatic Animals
12.7.5 Others
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Feed Mycotoxin Binders Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Product
13.4.1 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
13.4.2 Clays {Bentonite Clay
13.4.3 Natural Carbon Clay}
13.4.4 Zeolites
13.4.5 Activated Charcoal
13.4.6 Cell-Wall Components of Yeasts
13.5 Historic and Forecasted Market Size By Source
13.5.1 Organic
13.5.2 Inorganic
13.6 Historic and Forecasted Market Size By Form
13.6.1 Liquid
13.6.2 Dry
13.7 Historic and Forecasted Market Size By Livestock
13.7.1 Poultry
13.7.2 Swine
13.7.3 Ruminants
13.7.4 Aquatic Animals
13.7.5 Others
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Feed Mycotoxin Binders Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Product
14.4.1 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
14.4.2 Clays {Bentonite Clay
14.4.3 Natural Carbon Clay}
14.4.4 Zeolites
14.4.5 Activated Charcoal
14.4.6 Cell-Wall Components of Yeasts
14.5 Historic and Forecasted Market Size By Source
14.5.1 Organic
14.5.2 Inorganic
14.6 Historic and Forecasted Market Size By Form
14.6.1 Liquid
14.6.2 Dry
14.7 Historic and Forecasted Market Size By Livestock
14.7.1 Poultry
14.7.2 Swine
14.7.3 Ruminants
14.7.4 Aquatic Animals
14.7.5 Others
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Feed Mycotoxin Binders Market Analysis, Insights and Forecast, 2017-2032
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Product
15.4.1 Aluminosilicates {Hydrated Sodium Calcium Aluminosilicates [HSCAS]}
15.4.2 Clays {Bentonite Clay
15.4.3 Natural Carbon Clay}
15.4.4 Zeolites
15.4.5 Activated Charcoal
15.4.6 Cell-Wall Components of Yeasts
15.5 Historic and Forecasted Market Size By Source
15.5.1 Organic
15.5.2 Inorganic
15.6 Historic and Forecasted Market Size By Form
15.6.1 Liquid
15.6.2 Dry
15.7 Historic and Forecasted Market Size By Livestock
15.7.1 Poultry
15.7.2 Swine
15.7.3 Ruminants
15.7.4 Aquatic Animals
15.7.5 Others
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Feed Mycotoxin Binders Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.54 Bn. |
Forecast Period 2034-32 CAGR: |
3.39% |
Market Size in 2032: |
USD 3.43 Bn. |
Segments Covered: |
By Product |
|
|
By source |
|
||
By Form |
|
||
By Livestock |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Feed Mycotoxin Binders Market research report is 2024-2032.
BIOMIN (Austria), Bentoli (US), AngelYeast Co.Ltd. (China), Cargill (US), BASF SE (Germany), and other major players.
The Feed Mycotoxin Binders Market is segmented into Product, Source, Form, Livestock, and region. By Product, the market is categorized into Aluminosilicates (Hydrated Sodium Calcium Aluminosilicates), Clays (Bentonite Clay, Natural Carbon Clay), Zeolites, and Activated Charcoal, Cell-Wall Components of Yeasts. By Source the market is categorized into Organic, Inorganic. By Form, the market is categorized into Liquid, Dry. By Livestock, the market is categorized into Poultry, Swine, Ruminants, Aquatic Animals, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Mycotoxin binder or adsorbent is a substance, which is added to animal feed in small quantities that bind to mycotoxins and prevent them from getting absorbed in the gut, thus preventing them from entering the bloodstream of livestock.
Feed Mycotoxin Binders Market Size Was Valued at USD 2.54 Billion in 2023, and is Projected to Reach USD 3.43 Billion by 2032, Growing at a CAGR of 3.39% From 2024-2032