Feed Mycotoxin Detoxifiers Market Size- By Type, By Animal type, By Distribution Channel, By End-User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

Global Feed Mycotoxin Detoxifiers Market Overview

According to SPER Market Research, the Global Feed Mycotoxin Detoxifiers Market is estimated to reach USD 3.23 billion by 2032 with a CAGR of 6.33%.

Small secondary metabolites produced by moulds, often known as mycotoxins or mycotoxicosis, can be toxic to both humans and animals. Several mycotoxins are used in growth stimulation, antibiotics, and other forms of drugs because of their pharmacological effects. Mycotoxin's primary drawback is that they are feed contaminants that detoxifiers may be able to get rid of. The three main mycotoxins are aflatoxin, fusarium toxin, and ochratoxin. Detoxifiers can directly or indirectly counteract the effects of mycotoxin and other poisonous chemicals. Furthermore, kaolin, zeolites, and bentonite are included as additives in animal feeds because they protect the stomach and are powerful adsorptive substances for both heavy metals and microorganisms.

Limiting the bioavailability of mycotoxins in livestock feeds by using various mycotoxin adsorbent agents will reduce the number of mycotoxins that the animals consume. Over the forecasted period, it is expected that the market for feed Mycotoxin Detoxifiers would experience rapid growth. The market is anticipated to perform well in the near future due to reduced microbial spoilage in animal feed and its detrimental effects on the inflammatory response, organ damage, and livestock reproduction, increased use of Mycotoxin Detoxifiers in livestock nutritional supplements for better quality, and rising demand for better-quality meat & processed food globally.

Due to their capacity to bind mycotoxins to their surface, which shields animals' intestinal tracts from toxin absorption, binders are predicted to increase at the fastest CAGR among product types throughout the projected period. The need for feed Mycotoxin Detoxifiers is expected to rise in the near future due to a high incidence of aflatoxins in poultry that continue to contaminate feeds and reduce chicken body mass. Over the course of the projection period, the industry for feed Mycotoxin Detoxifiers will be dominated by the poultry animal type.

Impact of COVID-19 on the Global Feed Mycotoxin Detoxifiers Market

The COVID-19 outbreak has had a substantial influence on the market for feed mycotoxin detoxifiers. Due to travel bans and severe lockdown measures brought on by the spread of a fatal virus, the raw material supply has become contaminated, which has further impacted production and the product's supply chain to retailers and end consumers.

Additionally, during the pandemic, the demand for animal goods was decreased because it was thought that COVID might have animal origins, which in turn decreased the demand for detoxifiers. However, because of COVID's detrimental effects on human health, more people are choosing to eat protein-rich foods like dairy, eggs, and meat, which is boosting the market for Mycotoxin Detoxifiers market in the coming years.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2032

Base year considered: 2021

Forecast period: 2022-2032

Segments covered: By Type, By Animal type, By Distribution Channel, By End-User.

Regions covered: Asia-Pacific, Europe, Middle East and Africa, North America, Latin America

Companies Covered: Adisseo France SAS Novozymes A/S, Alltech Bio-Products Co. Ltd., AMLAN International, Archer Daniels Midland Company, Bayer AG, Biomin Holding GmbH, Cenzone Tech Inc. Belgium Impextraco, Chr. Hansen Holding A/S, Evonik Industries AG Nutreco N.V., Kemin Industries Inc., Poortershaven Industrial Minerals BV, Tesgo International BV, Zoetis Inc.

Global Feed Mycotoxin Detoxifiers Market Segmentation:

By Type: Based on the Type, Global Feed Mycotoxin Detoxifiers Market is segmented as; Bentonite, Clays, Enzymes, Mycotoxin Binders, Mycotoxin Modifiers, Yeasts, Others

By Animal Type: Based on the Animal Type, Global Feed Mycotoxin Detoxifiers Market is segmented as; Aquaculture, Pets, Poultry, Rodents, Ruminant, Swine, Others Species (Dogs, Cats, and Horses)

By End-User: Based on the End-User, Global Feed Mycotoxin Detoxifiers Market is segmented as; Aquaculture Industry, Farmers, Feed Manufacturers, Home-mixers, Integrators

By Region: The Global Feed Mycotoxin Detoxifiers Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World based on geography. The market for feed Mycotoxin Detoxifiers is dominated by the Asia-Pacific region.

Product Code: BIOT2303

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Feed Mycotoxin Detoxifiers Market

5. Market variables and outlook

5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape

6.1 Global Feed Mycotoxin Detoxifiers Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Feed Mycotoxin Detoxifiers Market

7. Global Feed Mycotoxin Detoxifiers Market, By Type, 2019-2032 (USD Million)

7.1. Bentonite
7.2. Clays
7.3. Enzymes
7.4. Mycotoxin Binders
7.5. Mycotoxin Modifiers
7.6. Yeasts
7.7. Others

8. Global Feed Mycotoxin Detoxifiers Market, By Animal Type, 2019-2032 (USD Million)

8.1. Aquaculture
8.2. Pets
8.3. Poultry
8.4. Rodents
8.5. Ruminant
8.6. Swine
8.7. Others Species (Dogs, Cats, and Horses)

9. Global Feed Mycotoxin Detoxifiers Market, By Distribution Channel, 2019-2032 (USD Million)

9.1. Direct Selling
9.2. Health & Beauty stores
9.3. Hypermarket/Supermarket
9.4. Online
9.5. Pharmacies/Drugstores

10. Global Feed Mycotoxin Detoxifiers Market, By End-User, 2019-2032 (USD Million)

10.1. Aquaculture Industry
10.2. Farmers
10.3. Feed Manufacturers
10.4. Home-mixers
10.5. Integrators

11. Global Feed Mycotoxin Detoxifiers Market, By Region, 2019-2032 (USD Million)

11.1. Global Feed Mycotoxin Detoxifiers Market Size and Market Share by Region (2019-2025)
11.2. Global Feed Mycotoxin Detoxifiers Market Size and Market Share by Region (2026-2032)
11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. South Korea
- 11.3.6. Rest of Asia-Pacific
11.4. Europe
- 11.4.1. France
- 11.4.2. Germany
- 11.4.3. Italy
- 11.4.4. Spain
- 11.4.5. United Kingdom
- 11.4.6. Rest of Europe
11.5. Middle East and Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Rest of Middle East & Africa
11.6. North America
- 11.6.1. Canada
- 11.6.2. Mexico
- 11.6.3. United States
11.7. Latin America
- 11.7.1. Argentina
- 11.7.2. Brazil
- 11.7.3. Rest of Latin America

12. Company Profiles

12.1. Adisseo France SAS Novozymes A/S
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. Alltech Bio-Products Co. Ltd.
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. AMLAN International
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. Archer Daniels Midland Company
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. Bayer AG
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. Biomin Holding GmbH
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. Cenzone Tech Inc.
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Chr. Hansen Holding A/S
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. Evonik Industries AG Nutreco N.V.
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Kemin Industries Inc.
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
12.11. Poortershaven Industrial Minerals BV
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
12.12. Tesgo International BV
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
12.13. Zoetis Inc.
- 12.13.1. Company details
- 12.13.2. Financial outlook
- 12.13.3. Product summary
- 12.13.4. Recent developments