Feed Mycotoxin Binders & Modifiers Market 2019 Global Industry Growth,

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Global increase in risk of mycotoxin contamination in livestock feed are some of the major drivers for the growth of the feed mycotoxin binders & modifiers market. https://www.marketsandmarkets.com/Market-Reports/feed-mycotoxin-binders-and-modifier-market-149205573.html

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MarketsandMarkets Presents:

MarketsandMarkets Presents Feed Mycotoxin Binders & Modifiers Market 2019 Global Industry Growth, Applications, Strategic Trend, Key Vendors|Forecast 2025

Introduction:

Introduction The feed mycotoxin binders & modifiers market is projected to grow from USD 2.4 billion in 2018 to USD 3.0 billion by 2025, at a CAGR of 3.6% during the forecast period. This is attributed to the increasing demand and consumption of livestock based products, rising incidences of mycotoxin occurrence in crops, stringent regulations limiting the presence of mycotoxin in feed products, and global increase in risk of mycotoxin contamination in livestock feed are some of the major drivers for the growth of the feed mycotoxin binders & modifiers market . The North American market accounted for the largest share in the feed mycotoxin binders & modifiers market. This dominance is attributed to the increase in mycotoxin risk level in livestock feed and the adoption rate of mycotoxin binders & modifiers in livestock feed in this region is high as compared to other regions. According to the BIOMIN World Mycotoxin Survey, 2018, it has been stated that the risk associated with mycotoxin in North America was 73%, whereas in 2016 the risk was 66% for the same. Furthermore, the stringent regulatory framework in these countries for mycotoxin threshold level has also resulted in an increased demand for mycotoxin binders & modifiers . The major vendors in the global feed mycotoxin binders & modifiers market are Cargill (US), BASF (Germany), ADM (US), Bayer (Germany), Perstorp (Sweden), Chr. Hansen (Denmark), Kemin (US), Nutreco (Netherlands), Adisseo (France), Alltech (US), Novus International (US), BIOMIN (Austria), Impextraco (Belgium), Norel (Spain), and GLOBAL NUTRITECH (Turkey). 

Market Dynamics:

Market Dynamics On the basis of type, the feed mycotoxin binders & modifiers market has been segmented as follows : Feed mycotoxin binders Clay Bentonite Others (organic polymers, synthetic polymers, and activated carbon ) Feed mycotoxin modifiers Enzymes Yeast Bacteria Others (fungi and algae)

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On the basis of livestock, the feed mycotoxin binders & modifiers market has been segmented as follows : Poultry Broilers Layers Breeders Swine Starter Sow Grower Aquatic animal Others (equine and pets)

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On the basis of source, the feed mycotoxin binders & modifiers market has been segmented as follows: Inorganic Organic On the basis of region, the feed mycotoxin binders & modifiers market has been segmented as follows: North America Europe Asia Pacific South America RoW (Africa and the Middle East)

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