Mycotoxin Binders Market Emerging Technologies, Top Key Players Update And Forecast 2022

Precision Business Insights published a research report on "Mycotoxin Binders Market by Product Type (Mycotoxin binders, Mycotoxin modifiers), By Animal Category (Poultry, Aquaculture, Swine, Horses, Ruminant, Others), By Source (Organic, Inorganic), By End-Users (Feed Manufacturers, Home-mixers, Integrators, Aquaculture Industry), and Geography - Global/Region/Country Forecast to 2028"

Mycotoxins can be extremely harmful to humans and animals, and they may be the cause of a variety of illnesses. Mycotoxin binders in the feed operate as mycotoxin detoxification agents. They're used as feed additives, and they help reduce the bioavailability of mycotoxins in the feed. Binders are molecules with a substantial molecular weight that can bind to mycotoxins. They absorb the toxin in their stomachs, causing the toxin binder complex to be excreted in the faecal matter.

View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/mycotoxin-binders-market/

Increased global consumption of meat and meat products, as well as simple availability of meat products due to effective distribution channels also including supermarkets and retail stores, are expected to drive industry growth. The global consumption of meat and meat products was over 40 kilogrammes per person per year. Furthermore, an increase in financial assistance to farmers for supporting agribusinesses, as well as the demand for cost-effective as well as efficient animal nutrition products, is expected to raise the feed mycotoxin binders market share. The countries of South Asia are among the most afflicted by mycotoxins. Aflatoxin has the highest prevalence, estimated to be over 89 percent. By 2028, the global animal feed additives market may have grown to 6.5 million tonnes. Binders for toxins, such as bentonites and zeolites, aid in the efficient binding of aflatoxin, which is expected to increase industrial growth. However, using mycotoxins in poultry feed may elevate toxicity, impair fertility and hatchability, and reduce the birds' immunity and ability to absorb nutrients. The South Asian Mycotoxin binders business has experienced consistent high rates of growth in feed additives due to rapid economic development and increased dietary acceptability of meat, poultry, eggs, and fish.

The Mycotoxin Binders Market is segmented into Product Type, which is further divided into Bentonite, HSCAS, Zeolites, and Polysaccharides. On the basis of Livestock, the market is segregated into Swine, Ruminant, Poultry, Aquaculture, and Equine.

Owing to the high acceptability of mycotoxin binders and modifiers in North America, the market for mycotoxin binders and modifiers is dominated by the region. Furthermore, the increased demand for safe and high-quality livestock-based products, increased food safety awareness, strict quality guidelines, and the goal to reduce, stop, and eliminate the development and presence of mycotoxin contaminant in the food chain will drive the mycotoxin binders market in the region. Because of the high population expansion and robust development, Asia Pacific is expected to account for a significant portion of the development in the mycotoxin binders market.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=23364

There are several industry players working in the Mycotoxin Binders Market, which include Nutreco N.V. (Netherlands) Bayer AG (Germany) Novozymes A/S (Denmark) Novus International, Inc. (U.S.) Norel S.A. (Spain) BIOMIN Holding GmbH (Austria) Disseo France SAS (France) BASF SE (Germany) Archer Daniels Midland Company (U.S.) Kemin Industries, Inc. (U.S.) Cargill (U.S.) Alltech (U.S.)

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.