Feed Mycotoxin Binders & Modifiers Market - Global Forecast to 2025

1. MarketsandMarkets Presents Feed Mycotoxin Binders and Modifiers Market by Type (feed mycotoxin binders, feed mycotoxin modifiers), Livestock (poultry, swine, ruminants, aquatic animals and others), Source (inorganic, organic), Form (dry, liquid) and Region - Global Forecast 2025 https://www.marketsandmarkets.com/Market-Reports/feed-mycotoxin-binders-and- modifier-market-149205573.html

2. Introduction The report "Feed Mycotoxin Binders and Modifiers Market by Type (feed mycotoxin binders, feed mycotoxin modifiers), Livestock (poultry, swine, ruminants, aquatic animals and others), Source (inorganic, organic), Form (dry, liquid) and Region - Global Forecast 2025", is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach a value of USD 2.8 billion by 2025, growing at a CAGR of 3.0% during the forecast period. Download PDF Brochure On the other hand, the feed mycotoxin binders and modifiers market in terms of volume is projected to reach at 2,013.5 KT during the forecast period. Factors such as the rising risk of mycotoxins in the final feed products is driving the growth of the feed mycotoxin binders and modifiers market.

4. Key Players  Cargill (US)  BASF (Germany)  ADM (US)  Bayer (Germany)  Perstorp (Sweden)  Chr. Hansen (Denmark). Speak To Analyst These major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific and Europe.

5. Market Driving Factors Rise in incidences of mycotoxin occurrence in crops There are over 500 identified mycotoxin strains in the world, including aflatoxins (B1, B2, G1, G2, and M1), ochratoxin A, deoxynivalenol, and fumonisins that are the major mycotoxins found in livestock feed. The incidences of disease outbreaks, owing to them are on the rise. All the regions in the world, developed or developing, are susceptible to the harmful impact of these mycotoxins. Make an Inquiry According to the FAO study, about 25% of the crops produced across the globe contain mycotoxins. Thus, to improve the health and wealth of livestock and to produce maximum livestock performance, mycotoxin binders & modifiers are expected to be used by the livestock growers.

6. Opportunities The growth in demand for feed mycotoxin binders & modifiers offers an opportunity for market development, especially in developing countries such as China, India, Brazil, and Argentina. Poultry and aquaculture rearing in feedlots can be considered as the significant growth sector for usage of the feed mycotoxin binders & modifiers market in South America and the Asia Pacific region, owing to their large-scale farming. https://www.marketsandmarkets.com/PressReleases/feed-mycotoxin-binders-and- modifier.asp The growth opportunities for the usage of feed mycotoxin binders & modifiers are furthered by factors such as a significant focus on feed safety and livestock health in order to meet the rising meat consumption and strengthened feed demand. Increased importance laid on the quality of feed products in these emerging markets is another factor offering significant opportunity for growth. Furthermore, constant disease outbreaks among livestock can also influence the usage and market development opportunity for feed mycotoxin binders & modifiers.

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