Feed Mycotoxin Detoxifiers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Feed Mycotoxin Detoxifiers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global feed mycotoxin detoxifiers market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.37% during 2023-2028.
Feed mycotoxin detoxifiers refer to various additives that are added to animal feed to convert the toxins into less toxic products. They act as bio-transforming agents to prevent the contamination of feed by mycotoxins that can negatively impact animal health, leading to problems related to reproduction, performance, or organ damage, such as liver and kidney. In recent years, feed mycotoxin detoxifiers have gained traction among farmers as they help protect animals against numerous diseases and promote proper growth in livestock.
Feed Mycotoxin Detoxifiers Market Trends:
The expanding compound feed industry and the rising consumption of animal-based products, such as dairy, eggs and meat, represent the primary factors driving the market growth. Additionally, there has been a significant increase in the prevalence of mycotoxins in animal feed crops like maize due to unfavorable weather conditions. This, in confluence with the growing awareness regarding the benefits of feed mycotoxin detoxifiers among the farmers, is augmenting the product demand. Besides this, the escalating consumer demand for high-quality food and the shifting focus toward animal health are accelerating the adoption of mycotoxin detoxifiers in animal fodder. Moreover, the implementation of advanced animal husbandry practices to enhance meat quality and the rising livestock population are propelling the market growth. Furthermore, the leading manufacturers are making heavy investments in research and development (R&D) activities to introduce nutritious feed additives and expand their product portfolio. Other factors, including the growing concerns regarding food safety, easy availability of raw materials, inflating consumer disposable incomes, and favorable government initiatives, are also creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global feed mycotoxin detoxifiers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, animal type and end user.
Breakup by Type:
Binders
Bentonite
Clay
Others
Bio-Transformers
Enzymes
Yeasts
Others
Breakup by Animal Type:
Ruminant
Poultry
Swine
Others
Breakup by End User:
Aquaculture
Feed Manufacturers
Farmers
Home-Mixers
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adiveter S L, Alltech Inc., Amino Pharma, Amlan International, Bluestar Adisseo Company, Cenzone Tech Inc., Impextraco N.V., Kemin Industries Inc., Koninklijke DSM N.V., Nutrex, Olmix Group, Perstorp Holding AB and Special Nutrients.
Key Questions Answered in This Report:
How has the global feed mycotoxin detoxifiers market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global feed mycotoxin detoxifiers market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the animal type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global feed mycotoxin detoxifiers market and who are the key players?
What is the degree of competition in the industry?
The global feed mycotoxin detoxifiers market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.37% during 2023-2028.
Feed mycotoxin detoxifiers refer to various additives that are added to animal feed to convert the toxins into less toxic products. They act as bio-transforming agents to prevent the contamination of feed by mycotoxins that can negatively impact animal health, leading to problems related to reproduction, performance, or organ damage, such as liver and kidney. In recent years, feed mycotoxin detoxifiers have gained traction among farmers as they help protect animals against numerous diseases and promote proper growth in livestock.
Feed Mycotoxin Detoxifiers Market Trends:
The expanding compound feed industry and the rising consumption of animal-based products, such as dairy, eggs and meat, represent the primary factors driving the market growth. Additionally, there has been a significant increase in the prevalence of mycotoxins in animal feed crops like maize due to unfavorable weather conditions. This, in confluence with the growing awareness regarding the benefits of feed mycotoxin detoxifiers among the farmers, is augmenting the product demand. Besides this, the escalating consumer demand for high-quality food and the shifting focus toward animal health are accelerating the adoption of mycotoxin detoxifiers in animal fodder. Moreover, the implementation of advanced animal husbandry practices to enhance meat quality and the rising livestock population are propelling the market growth. Furthermore, the leading manufacturers are making heavy investments in research and development (R&D) activities to introduce nutritious feed additives and expand their product portfolio. Other factors, including the growing concerns regarding food safety, easy availability of raw materials, inflating consumer disposable incomes, and favorable government initiatives, are also creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global feed mycotoxin detoxifiers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, animal type and end user.
Breakup by Type:
Binders
Bentonite
Clay
Others
Bio-Transformers
Enzymes
Yeasts
Others
Breakup by Animal Type:
Ruminant
Poultry
Swine
Others
Breakup by End User:
Aquaculture
Feed Manufacturers
Farmers
Home-Mixers
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adiveter S L, Alltech Inc., Amino Pharma, Amlan International, Bluestar Adisseo Company, Cenzone Tech Inc., Impextraco N.V., Kemin Industries Inc., Koninklijke DSM N.V., Nutrex, Olmix Group, Perstorp Holding AB and Special Nutrients.
Key Questions Answered in This Report:
How has the global feed mycotoxin detoxifiers market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global feed mycotoxin detoxifiers market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the animal type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global feed mycotoxin detoxifiers market and who are the key players?
What is the degree of competition in the industry?
Table of Contents
143 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Feed Mycotoxin Detoxifiers Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Type
- 6.1 Binders
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Bentonite
- 6.1.2.2 Clay
- 6.1.2.3 Others
- 6.1.3 Market Forecast
- 6.2 Bio-Transformers
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Enzymes
- 6.2.2.2 Yeasts
- 6.2.2.3 Others
- 6.2.3 Market Forecast
- 7 Market Breakup by Animal Type
- 7.1 Ruminant
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Poultry
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Swine
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 8 Market Breakup by End User
- 8.1 Aquaculture
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Feed Manufacturers
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Farmers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Home-Mixers
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Adiveter S L
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Alltech Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 SWOT Analysis
- 14.3.3 Amino Pharma
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Amlan International
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Bluestar Adisseo Company
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Cenzone Tech Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Impextraco N.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Kemin Industries Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Koninklijke DSM N.V.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Nutrex
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Olmix Group
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Perstorp Holding AB
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Special Nutrients
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 SWOT Analysis
Pricing
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