The Feed Mycotoxin Binders and Modifiers Market is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach a value of USD 2.8 billion by 2025, growing at a CAGR of 3.0% during the forecast period. On the other hand, the feed mycotoxin binders and modifiers market in terms of volume is projected to reach at 2,013.5 KT during the forecast period. Factors such as the rising risk of mycotoxins in the final feed products is driving the growth of the feed mycotoxin binders and modifiers market.
The clay subtype dominated the feed mycotoxin binders & modifiers market. Clay is the most widely used mycotoxin binder in the feed industry. Clay mineral of aluminates and silicates are highly commercialized binders due to the increased awareness of consumers about their benefits, which is driving their market growth. Clay is highly effective against aflatoxins.
The poultry segment is projected to be the largest and fastest-growing segment, in terms of livestock production. Broilers, layers, and breeders are domesticated to produce eggs and meat for commercial consumption. Growing concerns about livestock health such as improved body mass, concern about the number and quality of egg production, and enhanced feed efficiency have led to an increasing demand for the use of mycotoxin binders & modifiers in poultry feed.
The inorganic segment dominated the feed mycotoxin binders & modifiers market. Feed mycotoxin binders are mostly obtained from inorganic sources such as silicates of aluminum, sodium, potassium, and calcium. The effectiveness of inorganic mycotoxin binders depends on the chemical structure and binding properties of mycotoxin binders such as polarity and solubility.
Feed mycotoxin binders & modifiers are most widely used in the dry form. Mycotoxin binders and modifiers are used in the dry form, as they mix readily with the feed ingredients and are easy to store. Moreover, in the dry form, dosage can be more accurately measured by livestock growers in comparison with the liquid form. Such factors are driving the market for the dry form of feed mycotoxin binders & modifiers.
The global feed mycotoxin binders & modifiers market was dominated by the North American region. The large market size of the region is attributed to the high adoption of mycotoxin binders & modifiers. This is mainly due to the increase in demand for safe and high-quality livestock-based products, food safety awareness, stringent quality regulations, and aim to reduce, prevent and eliminate the growth and presence of mycotoxin contaminant in the food chain.
Leading companies are Cargill (US), BASF (Germany), ADM (US), Bayer (Germany), Perstorp (Sweden), Novus International (US), BIOMIN (Austria), Impextraco (Belgium), Norel Animal Nutrition (Spain), Chr. Hansen (Denmark), Nutreco (Netherlands), Kemin (US), Adisseo (France), Global Nutritech (Turkey), Alltech (US), Amlan international (US), Olmix Group (France), Selko B.V (Ntetherlands), Micron Bio Systems (US), Sibbiopharm (Russia), Anfotal Nutritions (India), FF Chemicals (Netherlands), Visscher Holland (Dutch), Bentoli Inc. (US), and Bonaventure Animal Nutrition (US).
Abstract: Mycotoxin binders are routinely added in such cases as safety measures and as some form of assurance to customers.
A variety of substances have the ability to bind mycotoxins.
The most commonly used and most researched mycotoxin-binding agents are the aluminosilicates – clays and zeolites.Leading companies operating in the global market for Mycotoxin binders are pouring money into research and development of new and better products.
This way they are trying to tap into a larger customer base and grow their sales and revenues.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/32830/global-mycotoxin-binders-2019-448 The global Mycotoxin Binders market is expected to grow at a CAGR of 5.61% during 2018-2026.
Get the Complete Report @ https://www.24chemicalresearch.com/reports/32830/global-mycotoxin-binders-2019-448This report focuses on Mycotoxin Binders volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Mycotoxin Binders market size by analyzing historical data and future prospect.
The global Feed Mycotoxin Binders market was valued at 2199.34 Million USD in 2020 and will grow with a CAGR of 2.09% from 2020 to 2027, based on our Researcher newly published report.The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches.
Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).Mycotoxin Binders are added to the diet to prevent poultries from absorbing toxins from contaminated feed.Mycotoxin Binders are substances that bind to mycotoxins and prevent them from being absorbed through the gut and into the blood circulation.
When other preventive measures against molds and mycotoxins have failed, the use of mycotoxin binders can be valuable.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-regional-feed-mycotoxin-binders-2021-2027-954 By Market Verdors: BASFVetlineKemin IndustriesBayerAlltechVirbac GroupNovus InternationalSelkoAnfotel NutritionBiominFF ChemicalsBentoliVisscherHollandVL ViproAmlan InternationalImpextraco NVFeed Industryrvice By Types: HSCASBentoniteZeolitesPolysaccharide By Applications: PoultryLivestockRuminantAquaculture Key Indicators Analysed Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027.
Further the report provides break down details about each region & countries covered in the report.
Identifying its sales, sales volume & revenue forecast.
With detailed analysis by types and applications.Market Trends: Market key trends which include Increased Competition and Continuous Innovations.Opportunities and Drivers: Identifying the Growing Demands and New TechnologyPorters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Mycotoxin Binders - MARKET ADVISORY SERVICES
Mycotoxin binders are routinely added in such cases as safety measures and as some form of assurance to customers.
A variety of substances have the ability to bind mycotoxins.
The most commonly used and most researched mycotoxin-binding agents are the aluminosilicates – clays and zeolites.Leading companies operating in the global market for Mycotoxin binders are pouring money into research and development of new and better products.
This way they are trying to tap into a larger customer base and grow their sales and revenues.
The global Mycotoxin Binders market is expected to grow at a CAGR of 5.61% during 2018-2026.
