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Feed Mycotoxin Binders & Modifiers Market Worth $3.0 billion by 2025 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

11 Apr, 2019, 12:30 GMT

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CHICAGO, April 11, 2019 /PRNewswire/ -- According to the new market research report "Feed Mycotoxin Binders & Modifiers Market by Type (Binders and Modifiers), Livestock (Poultry, Swine, Ruminants, and Aquatic Animals), Source (Inorganic and Organic), Form (Dry and Liquid), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Feed Mycotoxin Binders & Modifiers Market is projected to grow from USD 2.5 billion in 2019 to USD 3.0 billion by 2025, at a compound annual growth rate (CAGR) of 3.6% during the forecast period. The major factors driving the feed mycotoxin binders & modifiers market include the increase in demand and consumption of livestock-based products, rise in incidences of mycotoxin occurrence in crops, stringent regulations limiting the presence of mycotoxin in feed products, and global increase in the risk of mycotoxin contamination in livestock feed. A further rise in health awareness among consumers is also expected to drive the market.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=149205573

Clay is projected to be the fastest-growing subsegment of mycotoxin binders during the forecast period.

The feed mycotoxin binders & modifiers market has been segmented, on the basis of type, into mycotoxin binders and mycotoxin modifiers. Mycotoxin binders are subsegmented into clay, bentonite, and others (organic polymers, synthetic polymers, and activated carbon). Mycotoxin modifiers are subsegmented into enzymes, yeast, bacteria, and others (algae and fungi). Clay is projected to be the largest and fastest-growing subsegment of mycotoxin binders during the forecast period. This is attributed to its wide availability on a commercial level.

Browse in-depth TOC on "Feed Mycotoxin Binders & Modifiers Market"
152 – Tables
41 – Figures
181 – Pages

The poultry segment is projected to account for the largest market share during the forecast period.

The feed mycotoxin binders & modifiers market has been segmented, on the basis of livestock, into poultry, ruminants, swine, aquatic animals, and others (equine and pets). The poultry segment is projected to be the largest segment in the feed mycotoxin binders & modifiers market. This is attributed to the rising consumption of chicken and eggs. Further, chicken is more susceptible to mycotoxin risk, which has led to the extensive use of feed mycotoxin binders & modifiers in poultry.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=149205573

Asia Pacific is projected to be the fastest-growing region during the forecast period.

Asia Pacific is projected to be the fastest-growing region during the forecast period. The market in the region is driven by the presence of a large livestock population and their rising growth. Furthermore, the region has witnessed a significant presence of mycotoxin in crops. Moreover, this region has witnessed an increase in the number of feed mills and feed production, particularly in countries such as India. Additionally, there has been a rise in the demand for meat and meat products, specifically poultry and pork, which is driving the market for feed mycotoxin binders & modifiers in this region.

Major vendors in the feed mycotoxin binders & modifiers market include Cargill (US), BASF (Germany), ADM (US), Bayer (Germany), Perstorp (Sweden), Novus (US), BIOMIN (Austria), Impextraco (Belgium), Norel (Spain), Chr. Hansen (Denmark), Nutreco (Netherlands), Kemin (US), Adisseo (France), GLOBAL Nutritech (Turkey), and Alltech (US).

Browse Adjacent Markets: Feed and Animal Nutrition Market Research Reports & Consulting

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/feed-mycotoxin-binders-and-modifier-market.asp
Visit Our Web Site:  https://www.marketsandmarkets.com

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

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