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Feed Mycotoxin Binders Market Forecast 2018-2024 | Top Players - BASF, Bayer, Alltech, Virbac, Kemin Industries, BIOMIN, VETLINE, Novus International
Feed Mycotoxin Binders Market
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Company Profiles
1. BASF SE
2. VETLINE
3. Kemin Industries
4. Bayer
5. Alltech
6. Virbac Group
7. Novus International
8. Selko
9. Anfotal Nutritions
10. Biomin
11. FF Chemicals
12. Bentoli, Inc
13. VisscherHolland
14. VL Vipro
15. Amlan International a subsidiary of Oil-Dri Corporation of America
16. Impextraco NV
17. American Feed Industry Association (AFIA)
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.
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.
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.
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.
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.
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Bentonite mycotoxin binder’s 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.
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.
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.
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.
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