Feed Mycotoxin Detoxifiers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Feed Mycotoxin Detoxifiers Market is segmented by Sub Additive (Binders, Biotransformers) , by Animal (Aquaculture, Poultry, Ruminants, Swine) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America)

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Feed Mycotoxin Detoxifiers Market Size

Feed Mycotoxin Detoxifiers Market Summary
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https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Base Year For Estimation 2022
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR 4.92 %
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Sub Additive Binders
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Feed Mycotoxin Detoxifiers Market Analysis

The Feed Mycotoxin Detoxifiers Market is projected to register a CAGR of 4.92%

  • Binders is the Largest Sub Additive: Binders have the largest share as they bind the harmful mycotoxins and provide resistance against animal diseases by resisting toxins from entering the bloodstream.
  • Asia-Pacific is the Largest Region: Asia-Pacific is the largest region in the market due to increasing demand for livestock products, and growing concern for animal safety led to increased consumption.
  • Biotransformers is the Fastest-growing Sub Additive: Biotransformers are the fastest-growing segment in the market due to increased awareness of preventing mycotoxin absorption and preserving nutritional properties.
  • North America is the Fastest-growing Region: Globally, North America has the fastest growing rate due to higher demand for cereal and grains in animal feed, increased demand for beef meat and higher productivity.

Feed Mycotoxin Detoxifiers Market Trends

This section covers the major market trends shaping the Feed Mycotoxin Detoxifiers Market according to our research experts:

Binders is the largest Sub Additive

  • In 2022, feed mycotoxin detoxifiers accounted for 6.2% of the global feed additives market in terms of value, as mycotoxins are a type of toxic fungus that can negatively impact animal health and growth when present in animal feed. Therefore, mycotoxin detoxifiers are used to reduce the impact of mycotoxins.
  • The most significant feed mycotoxin detoxifiers are binders, which accounted for a market value of USD 1.4 billion in 2022. Binders are used to prevent toxic materials from entering the bloodstream and causing neurological disorders in animals and are favored for their low cost compared to other types of detoxifiers.
  • As concerns around animal health are growing and animal farmers prefer high-quality feed, both mycotoxin binders and transformers are expected to register a CAGR of 4.9% during the forecast period. Asia-Pacific was the largest market for mycotoxin detoxifiers in 2022, accounting for 31.1% of the market share, followed by North America at 26.1% and Europe at 23.1% due to the higher feed production of 0.5 million metric tons and the larger animal population in the Asia-Pacific region.
  • North America is expected to be the fastest-growing region in the mycotoxin detoxifiers market during the forecast period, with a projected CAGR of 5.8% due to the rising commercial cultivation of animals and concerns around animal health. Due to the usage of detoxifiers in animal feed containing cereals and grains, which are mostly consumed by animals, the global feed mycotoxin detoxifiers market is expected to record a CAGR of 4.9% during 2023-2029.
  • Therefore, the global mycotoxin detoxifier market is expected to grow during the forecast period due to the rising concerns about animal health and the need for safer animal feed.
Feed Mycotoxin Detoxifiers Market: Feed Mycotoxin Detoxifiers Market, CAGR, %, By Sub Additive, 2023 - 2029

Asia-Pacific is the largest Region

  • The global market for feed mycotoxin detoxifiers is largely dominated by the Asia-Pacific region, which accounted for USD 636.7 million in 2022, increasing by more than 45.3% during 2019-2022. The primary reason for this growth is the increasing demand for livestock products and the growing concern for animal safety, which led to increased consumption of these detoxifiers.​
  • The Asia-Pacific market is expected to continue to be the fastest-growing market globally, with a projected CAGR of 5.0% during the forecast period. This growth is due to factors such as increased livestock farming and feed production in the region. In 2022, the region had 17.11 billion animals, accounting for 42.6% of the global share, and feed production stood at 502.7 million metric tons, holding 40.2% of the global share.​
  • China, India, Australia, and Japan are the key drivers of the market in the Asia-Pacific region. North America and Europe are also major regions, accounting for 26.3% and 23.0% of the global market share, respectively. In these regions, animal feed production has increased significantly, particularly in North America, by 30.2% from 215.5 million metric tons in 2017.​
  • The United States and China are the two countries with the largest market share, accounting for 18.3% and 13.8%, respectively, in 2022. These countries have high global feed production volumes and trade activities.​
  • The expanding feed industry and the rising consumption of animal-based products such as dairy, eggs, and meat are driving the feed mycotoxin detoxifiers market. With the growing awareness of the benefits of these detoxifiers among farmers, the market is expected to continue to register a CAGR of 4.9% during the forecast period.​
Feed Mycotoxin Detoxifiers Market: Feed Mycotoxin Detoxifiers Market, CAGR, %, By Region, 2023 - 2029

Feed Mycotoxin Detoxifiers Industry Overview

The Feed Mycotoxin Detoxifiers Market is fragmented, with the top five companies occupying 26.48%. The major players in this market are Adisseo, Alltech, Inc., BASF SE, Brenntag SE and Cargill Inc. (sorted alphabetically).

Feed Mycotoxin Detoxifiers Market Leaders

  1. Adisseo

  2. Alltech, Inc.

  3. BASF SE

  4. Brenntag SE

  5. Cargill Inc.

*Disclaimer: Major Players sorted in no particular order

Feed Mycotoxin Detoxifiers Market Concentration
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Feed Mycotoxin Detoxifiers Market News

  • November 2022: Kemin Industries introduced Toxfin Care, a solution that protects feed from mycotoxins. It strengthens the immune system, protects organs, and prevents loss of performance and productivity.
  • July 2022: Impextraco expanded its Mexico facility to improve product storage spaces and business opportunities and promoted the Impextraco brand's presence in the country.
  • July 2022: Cargill has extended its partnership with Innovafeed to provide aquafarmers with innovative and nutritious ingredients, including additives.

Feed Mycotoxin Detoxifiers Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  2. 2. KEY INDUSTRY TRENDS

    1. 2.1. Animal Headcount

    2. 2.2. Feed Production

    3. 2.3. Regulatory Framework

    4. 2.4. Value Chain & Distribution Channel Analysis

  3. 3. MARKET SEGMENTATION

    1. 3.1. Sub Additive

      1. 3.1.1. Binders

      2. 3.1.2. Biotransformers

    2. 3.2. Animal

      1. 3.2.1. Aquaculture

        1. 3.2.1.1. By Sub Animal

          1. 3.2.1.1.1. Fish

          2. 3.2.1.1.2. Shrimp

          3. 3.2.1.1.3. Other Aquaculture Species

      2. 3.2.2. Poultry

        1. 3.2.2.1. By Sub Animal

          1. 3.2.2.1.1. Broiler

          2. 3.2.2.1.2. Layer

          3. 3.2.2.1.3. Other Poultry Birds

      3. 3.2.3. Ruminants

        1. 3.2.3.1. By Sub Animal

          1. 3.2.3.1.1. Beef Cattle

          2. 3.2.3.1.2. Dairy Cattle

          3. 3.2.3.1.3. Other Ruminants

      4. 3.2.4. Swine

      5. 3.2.5. Other Animals

    3. 3.3. Region

      1. 3.3.1. Africa

        1. 3.3.1.1. By Country

          1. 3.3.1.1.1. Egypt

          2. 3.3.1.1.2. Kenya

          3. 3.3.1.1.3. South Africa

          4. 3.3.1.1.4. Rest of Africa

      2. 3.3.2. Asia-Pacific

        1. 3.3.2.1. By Country

          1. 3.3.2.1.1. Australia

          2. 3.3.2.1.2. China

          3. 3.3.2.1.3. India

          4. 3.3.2.1.4. Indonesia

          5. 3.3.2.1.5. Japan

          6. 3.3.2.1.6. Philippines

          7. 3.3.2.1.7. South Korea

          8. 3.3.2.1.8. Thailand

          9. 3.3.2.1.9. Vietnam

          10. 3.3.2.1.10. Rest of Asia-Pacific

      3. 3.3.3. Europe

        1. 3.3.3.1. By Country

          1. 3.3.3.1.1. France

          2. 3.3.3.1.2. Germany

          3. 3.3.3.1.3. Italy

          4. 3.3.3.1.4. Netherlands

          5. 3.3.3.1.5. Russia

          6. 3.3.3.1.6. Spain

          7. 3.3.3.1.7. Turkey

          8. 3.3.3.1.8. United Kingdom

          9. 3.3.3.1.9. Rest of Europe

      4. 3.3.4. Middle East

        1. 3.3.4.1. By Country

          1. 3.3.4.1.1. Iran

          2. 3.3.4.1.2. Saudi Arabia

          3. 3.3.4.1.3. Rest of Middle East

      5. 3.3.5. North America

        1. 3.3.5.1. By Country

          1. 3.3.5.1.1. Canada

          2. 3.3.5.1.2. Mexico

          3. 3.3.5.1.3. United States

          4. 3.3.5.1.4. Rest of North America

      6. 3.3.6. South America

        1. 3.3.6.1. By Country

          1. 3.3.6.1.1. Argentina

          2. 3.3.6.1.2. Brazil

          3. 3.3.6.1.3. Chile

          4. 3.3.6.1.4. Rest of South America

  4. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Adisseo

      2. 4.4.2. Alltech, Inc.

      3. 4.4.3. BASF SE

      4. 4.4.4. Brenntag SE

      5. 4.4.5. Cargill Inc.

      6. 4.4.6. EW Nutrition

      7. 4.4.7. Impextraco NV

      8. 4.4.8. Kemin Industries

      9. 4.4.9. SHV (Nutreco NV)

      10. 4.4.10. Special Nutrients

  5. 5. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS

  6. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Global Market Size and DROs

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, ANIMAL HEAD COUNT, NUMBER, BY POULTRY, 2017-2022
  1. Figure 2:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, ANIMAL HEAD COUNT, NUMBER, BY RUMINANTS, 2017-2022
  1. Figure 3:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, ANIMAL HEAD COUNT, NUMBER, BY SWINE, 2017-2022
  1. Figure 4:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, FEED PRODUCTION, METRIC TON, BY AQUACULTURE, 2017-2022
  1. Figure 5:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, FEED PRODUCTION, METRIC TON, BY POULTRY, 2017-2022
  1. Figure 6:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, FEED PRODUCTION, METRIC TON, BY RUMINANTS, 2017-2022
  1. Figure 7:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, FEED PRODUCTION, METRIC TON, BY SWINE, 2017-2022
  1. Figure 8:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 9:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE, USD, 2017 - 2029
  1. Figure 10:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ADDITIVE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 11:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ADDITIVE, VALUE, USD, 2017 - 2029
  1. Figure 12:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY SUB ADDITIVE, 2017 - 2029
  1. Figure 13:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2017 - 2029
  1. Figure 14:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ADDITIVE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 15:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ADDITIVE, VALUE, USD, 2017 - 2029
  1. Figure 16:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY ANIMAL, 2022 - 2029
  1. Figure 17:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ADDITIVE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 18:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ADDITIVE, VALUE, USD, 2017 - 2029
  1. Figure 19:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY ANIMAL, 2022 - 2029
  1. Figure 20:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 21:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 22:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY ANIMAL, 2017 - 2029
  1. Figure 23:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY ANIMAL, 2017 - 2029
  1. Figure 24:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 25:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 26:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 27:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 28:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 29:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 30:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 35:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 37:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 38:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 39:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 40:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 41:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 42:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 43:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 44:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 45:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 51:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY SUB ANIMAL, VALUE, USD, 2017 - 2029
  1. Figure 52:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY SUB ANIMAL, 2017 - 2029
  1. Figure 53:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ANIMAL, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY REGION, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY REGION, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 95:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 96:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 97:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 98:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 99:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 100:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 101:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
  1. Figure 102:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, VALUE SHARE(%), BY SUB ADDITIVE, 2022 - 2029
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  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2016 - 2022
  1. Figure 200:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET, MOST ADOPTED STRATEGIES, 2016 - 2022
  1. Figure 201:  
  2. GLOBAL FEED MYCOTOXIN DETOXIFIERS MARKET SHARE(%), BY MAJOR PLAYERS, 2022

Feed Mycotoxin Detoxifiers Industry Segmentation

Binders, Biotransformers are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Sub Additive
Binders
Biotransformers
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Beef Cattle
Dairy Cattle
Other Ruminants
Swine
Other Animals
Region
Africa
By Country
Egypt
Kenya
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Philippines
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
Middle East
By Country
Iran
Saudi Arabia
Rest of Middle East
North America
By Country
Canada
Mexico
United States
Rest of North America
South America
By Country
Argentina
Brazil
Chile
Rest of South America
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Market Definition

  • FUNCTIONS - For the purpose of the study, feed additives are considered to be commercially-manufactured products that are used to enhance the characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
  • RESELLERS - Companies engaged in reselling of feed additives without value addition have been excluded from the market scope, in order to avoid double counting.
  • END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
  • INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Feed Mycotoxin Detoxifiers Market Research FAQs

The Feed Mycotoxin Detoxifiers Market size is expected to reach USD 2.14 billion in 2023 and grow at a CAGR of 4.92% to reach USD 2.86 billion by 2029.

In 2023, the Feed Mycotoxin Detoxifiers Market size is expected to reach USD 2.14 billion.

Adisseo, Alltech, Inc., BASF SE, Brenntag SE and Cargill Inc. are the major companies operating in the Feed Mycotoxin Detoxifiers Market.

In the Feed Mycotoxin Detoxifiers Market, the Binders segment accounts for the largest share by sub additive.

In 2023, Asia-Pacific accounts for the largest share by region in the Feed Mycotoxin Detoxifiers Market.

Feed Mycotoxin Detoxifiers Industry Report

Statistics for the 2022 Feed Mycotoxin Detoxifiers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Feed Mycotoxin Detoxifiers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Feed Mycotoxin Detoxifiers Market Report Snapshots