Press release
Feed Mycotoxin Binders Market In-depth Analysis by Leading Players - BASF SE, Vetline, Kemin Industries, Bayer, Alltech, Virbac Group, Novus International, Selko, Anfotel Nutrition, Biomin, FF Chemicals, Bentoli, VisscherHolland
Feed mycotoxin binders Market
Increasing consumption of meat products along with consumer inclination towards healthy & safe food should propel feed mycotoxin binders demand. Growing incidences of livestock based disease which include swine and bird flu caused by contaminated ingredients and adverse living environment should drive product demand.
Zeolite mycotoxin binders demand is anticipated to steadily grow and surpass USD 15 million during forecast period due to its natural occurrence, non-toxicity and organic characteristics along with offering ability to reduce odors from spoiled grains in enclosed animal facilities. They also reduce chances of livestock suffering from scours, acidosis, diarrhea and enteritis thus driving product demand.
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U.S. feed mycotoxin demand is likely to grow significantly during forecast timeframe and surpass USD 40 million at end of 2024. Stringent norms & policies by safety and health agencies which include FDA, FSA and NSF towards standardizing swine, ruminant, and poultry meat products should drive regional demand. Growing consumer awareness for diseases which include swine and bird flu, diarrhea and intestinal health should further boost regional industry size.
Feed mycotoxin binders add nutrition content for better digestion along with promoting animal to grow faster, healthier and stronger. They protect livestock enterprises from loss caused by feed wastage making it palatable and helping gain immunity from infectious disease & viruses. Natural toxin binders reduce bioavailability of secondary metabolites by introducing adsorbent agents reducing probability of disease.
Strict regulatory regimes in Europe and U.S. by FDA, FSA, European Medicines Association and FVE towards standardizing meat and poultry products through mandating use of toxin binders and other feed additives should propel industry growth. Restricted use of antibacterial growth promoters (AGPs) due to resistance development in zoonotic pathogens should have favorable product demand outlook.
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Key raw materials required for commercial production of mycotoxin binders are activated charcoal, organic acids, bentonite, yeast cells and HSCAS. Volatile raw material market price due to application in numerous industries along with high procurement risk might hinder industry growth. High inclusion cost for these products by livestock farmers also might impede product demand.
Natural organic binders provide an effective way of detoxifying mycotoxins in livestock feed. These microorganisms control secondary metabolites formation by bio-transforming into lowered toxic metabolites. They act in intestinal tract of animals prior to absorption of secondary metabolites.
Bentonite mycotoxin binders industry size will witness strong gains surpassing USD 125 million at the end of 2024 due to its inherent attributes for high feed efficiency, adsorption capacity and productivity. They reduce secondary metabolites bioavailability along with ability to prevent harmful impacts on intestinal tract.
Germany feed mycotoxin binders market size from ruminant applications should generate revenues surpassing USD 2 million by end of 2024. Prevalent government initiatives towards animal welfare coupled with increasing livestock population should propagate product demand. Growing demand for red meat in Europe should strengthen product demand.
Feed mycotoxin binders market size from swine consumption should emit significant growth rates during projected timeframe. This growth can be attributed to increase in meat consumption rates due to protein intake. Swine are prone to pathogenic attacks which can be reduced by offering high quality & safe feeds thus complimenting product demand.
Global feed mycotoxin binders industry share is competitive & moderately fragmented and some of the market players include Alltech, Biomin, Bentoli and Kemin. These industry participants focus on reinforcing their regional presence expanding their manufacturing capacity. They adopt strategies like acquisition, mergers and partnerships to expand their product & technology portfolio.
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Data Tables
TABLE 1 Feed mycotoxin binders industry 3600 synopsis, 2017 – 2024
TABLE 2 Global feed mycotoxin binders market estimates and forecast, 2013 – 2024, (Kilo Tons) (USD Million)
TABLE 3 Global feed mycotoxin binders market volume by region, 2013 – 2024, (Kilo Tons)
TABLE 4 Global feed mycotoxin binders market revenue by region, 2013 – 2024, (USD Million)
TABLE 5 Global feed mycotoxin binders market volume by product 2013 – 2024, (Kilo Tons)
TABLE 6 Global feed mycotoxin binders market revenue by product 2013 – 2024, (USD Million)
TABLE 7 Global feed mycotoxin binders market volume by livestock, 2013 – 2024, (Kilo Tons)
TABLE 8 Global feed mycotoxin binders market revenue by livestock, 2013 – 2024, (USD Million)
TABLE 9 Vendor matrix
TABLE 10 Feed mycotoxin binders market distribution channel analysis
TABLE 11 Industry impact forces
TABLE 12 Global bentonite mycotoxin binders market, 2013 – 2024 (Kilo Tons) (USD Million)
TABLE 13 Global bentonite mycotoxin binders market volume, by region, 2013 - 2024, (Kilo Tons)
TABLE 14 Global bentonite mycotoxin binders market revenue, by region, 2013 - 2024, (USD Million)
TABLE 15 Global HSCAS mycotoxin binders market, 2013 – 2024 (Kilo Tons) (USD Million)
TABLE 16 Global HSCAS mycotoxin binders market volume, by region, 2013 - 2024, (Kilo Tons)
TABLE 17 Global HSCAS mycotoxin binders market revenue, by region, 2013 - 2024, (USD Million)
TABLE 18 Global zeolites mycotoxin binders market, 2013 – 2024 (Kilo Tons) (USD Million)
TABLE 19 Global zeolites mycotoxin binders market volume, by region, 2013 - 2024, (Kilo Tons)
TABLE 20 Global zeolites mycotoxin binders market revenue, by region, 2013 - 2024, (USD Million)
TABLE 21 Global polysaccharides mycotoxin binders market, 2013 – 2024 (Kilo Tons) (USD Million)
TABLE 22 Global polysaccharides mycotoxin binders market volume, by region, 2013 - 2024, (Kilo Tons)
TABLE 23 Global polysaccharides mycotoxin binders market revenue, by region, 2013 - 2024, (USD Million)
TABLE 24 Global feed mycotoxin binders market from other products, 2013 – 2024 (Kilo Tons) (USD Million)
TABLE 25 Global feed mycotoxin binders market volume from other products, by region, 2013 - 2024, (Kilo Tons)
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