Global Mycotoxin Binders Market Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025


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Introduction: The global demand for mycotoxin binders to record a healthy CAGR of XX percent between 2017 and 2025. Increasing at this pace, the demand estimated to be worth US$ XX million by the end of 2017 is likely to hit US$ XX million by 2025. Mycotoxins are agents which shape both human and animal acute and chronic diseases. Mycotoxins improve animal efficiency by reducing the intake of feed, undermining the immune system and reproductive functioning. Contamination of feed stocks with mycotoxins continues to be a feed safety problem, leading to economic losses in animal production. In addition, various feed decontamination methods including feed mycotoxin binders and detoxifying agents are established to prevent chemical absorption in animal intestinal tract by adsorbing the toxins across the digestive surface. The traditional livestock feeding practices, such as blending jaggery with cattle feed, are a thing of the past. In the recent past, understanding of health and nutrition-rich animal feed has grown in line with the emphasis on improving gut health, leading animal husbandry and livestock farmers to invest in solutions that resolve contamination of feed and safety issues. Geographical overview: Geographically speaking, North America, Latin America, Europe, Asia Pacific excluding Japan, Japan and the Middle East and Africa are main segments of the global market for mycotoxin binders. In the forecast period from 2017 to 2025, Latin America, among them, is projected to outperform all other segments vies growth rate by clocking a strong XX per cent CAGR. This is due to the growing awareness about the use of mycotoxins in feed and their consequences, as well as growing investments by companies in research and development to produce better goods. Segmental Overview: By Type – • Raw Clay • Zeolites • Other Treated Aluminosilicates • Polysaccharides By Animal Type – • Poultry • Swine • Ruminant • Aqua • Pet • Equine Competitor Analysis Mycotoxin Binders Market has presence of some of the key major players across globe which includes: • Cargill • BASF • ADM • Bayer • Perstorp • Chr. Hansen • Kemin • Nutreco • Adisseo • Alltech • Novus • BIOMIN • Impextraco These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies. By Geographical Locations: • North America o U.S. o Canada • Europe o U.K. o France o Italy o Germany o Spain o Russia & CIS o Rest of Europe • Asia-Pacific o China o India o Japan o South Korea o ASEAN o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of LATAM • Middle East & Africa o UAE o South Africa o Rest of MEA Highlights of the report What is Mycotoxin Binders Market? Who all are key market players in the industry? How the Parent Industry is growing? Where are the key opportunities for new market entrant? A comprehensive analysis, which covers key growth factors across the value chain Recent developments in market Granular Market Segmentation Market size projection based on Historical & current market trends Market share analysis and key strategies adopted by leading Players Production Cost & Sensitivity Analysis Country Level Market Analysis of Top 16 countries Data Driven Decision Recommendations