Feed Mycotoxin Binders and Modifiers Market to 2027 – Leading Players are Alltech, Inc., Archer Daniels Midland Company, BASF SE, BIOMIN Holding GmbH and Cargill, Incorporated

The feed mycotoxin binders & modifiers market is anticipated to grow in the forecast period owing to driving factors such as rising incidences of mycotoxin occurrence in crops and increased risks of mycotoxin contamination in livestock feed. High demands and consumption for livestock-based products and stringent regulations limiting the content in feed products further propel the growth of the feed mycotoxin binders & modifiers market. However, lack of awareness among small-scale livestock producers and prominent usage of mold inhibitors, acidifiers and other feed preservatives as feed additives hinders the growth of the feed mycotoxin binders & modifiers market. Nonetheless, the untapped markets of poultry and aquafeed sectors offer significant growth opportunity for the market and the key players involved during the forecast period.

The global feed mycotoxin binders & modifiers market is segmented on the basis of type, livestock, source, and form. Based on type, the market is segmented as mycotoxins binders and mycotoxin modifiers. Mycotoxin binders are further sub-segmented as clay, bentonite, and others. On the other hand, the market by the segment mycotoxin modifier is sub segmented as enzymes, yeast, bacteria, and others. The market by livestock is segmented as poultry, swine, ruminants, aquatic animals, and others. On the basis of the source, the market is segmented as organic and inorganic. The market on the basis of the form is classified as dry and liquid.

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Mycotoxins can be extremely detrimental to both humans and animals and may be the cause of various medical conditions. The feed mycotoxin binders & modifiers act as mycotoxin detoxifying agents in the feed. They are used as feed additives and help in reducing the bioavailability of mycotoxins in feed. Binders are large molecular weight compounds that can bind with the mycotoxins. They absorb the toxin in the guts, resulting in the excretion of toxin binder complex in the feces. Mycotoxin modifiers, on the other hand, work by transforming the toxin into non-toxic metabolites. This prevents or minimizes the exposure of animals to mycotoxins.

The report also includes the profiles of key feed mycotoxin binders & modifiers companies along with their SWOT analysis and market strategies.

  • Alltech, Inc.
  • Archer Daniels Midland Company
  • BASF SE
  • BIOMIN Holding GmbH
  • Cargill, Incorporated
  • Kemin Industries, Inc.
  • Novus International
  • Nutreco N.V.
  • Nutriad
  • Perstorp Holding AB

Mycotoxins can be extremely detrimental to both humans and animals and may be the cause of various medical conditions. The feed mycotoxin binders & modifiers act as mycotoxin detoxifying agents in the feed. They are used as feed additives and help in reducing the bioavailability of mycotoxins in feed. Binders are large molecular weight compounds that can bind with the mycotoxins. They absorb the toxin in the guts, resulting in the excretion of toxin binder complex in the feces. Mycotoxin modifiers, on the other hand, work by transforming the toxin into non-toxic metabolites. This prevents or minimizes the exposure of animals to mycotoxins.

The reports cover key developments in the feed mycotoxin binders & modifiers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from feed mycotoxin binders & modifiers market are anticipated to lucrative growth opportunities in the future with the rising demand for feed mycotoxin binders & modifiers in the global market. Below mentioned is the list of few companies engaged in the feed mycotoxin binders & modifiers market.

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Posted by on Thursday May 16 2019, 12:00 AM EDT. All trademarks acknowledged. Filed under Beverages, Food, Food & Beverage, Food Services. Comments and Trackbacks are open. Follow responses: RSS 2.0

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