Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on mycotoxin
binders market provides an in-depth analysis of segments and sub-segments in the
global as well as regional mycotoxin binders market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional mycotoxin binders market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global mycotoxin binders market. According to the report, the global mycotoxin
binders market is projected to grow at a CAGR of 5.3% over the forecast period
of 2019-2025.
Mycotoxins are a type of chemical substance, which affect the
performance of the animals as the pig, poultry, and others. The mycotoxins
affect the growth of the animals and hamper the profitability of the livestock
farmers. The young and breeding animals are more vulnerable to mycotoxins
problems. The mycotoxin binders are substances, which prevents the mycotoxin
from being absorbed by the gut and enter the blood. The mycotoxin binders are
the most effective measures against molds and mycotoxins. Most time it is not
possible by the livestock breeder to check the presence of mycotoxin in the
animal feed at a regular interval, hence mycotoxin binders are used as safety
measures and assurance to the consumers. The aluminosilicates - clays and
zeolites are more commonly used, mycotoxin-binding agents. The good mycotoxin
binders tightly bind and immobilize the mycotoxins in the gastrointestinal
tract of animals. This process is called adsorption, and it is the most common
method used to detoxification of the mycotoxins.
The growing awareness about the better livestock management among
the livestock farmers is helping to grow the demand of the mycotoxin binders. Further,
the growing demand for animal-based products especially, fur and meat are
boosting the demand of mycotoxin binders for the better health management of
the livestock. However, the availability of other substitutes as mold
inhibitors and antioxidants are obstructing the growth of the mycotoxin binders
market. The growing demand for better health management of the livestock in the
developing countries is expected to grow the demand of the mycotoxin binders at
the high speed.
Geographically, the global mycotoxin binders market is segmented
into North America, Europe, Asia-Pacific, and RoW. North America holds
the largest market share of mycotoxin binders market, owing to the presence of
the several animal feed manufacturing companies in this region and availability
of the large pool of livestock farming companies in this region is helping to
grow the demand of the mycotoxin binders in this region. Europe is the second
largest market of the mycotoxin binders after North America. The
Asia-Pacific is expected to grow at the highest CAGR during the forecast
period, owing to the growing awareness among the livestock farmers for the
better health management of the cattle wealth.
The report on global mycotoxin binders market covers segments such
as product, source, and animal type. On the basis of product, the sub-markets
include adsorbents, and denaturants. On the basis of source, the sub-markets
include organic, and inorganic. On the basis of animal type, the sub-markets
include swine, ruminants, poultry, aquatic animals, pets, and equine.
The report provides profiles of the companies in the market such
as Alltech, Anpario plc, Kemin Industries, BIOMIN Holding GmbH, Nutreco N.V.,
Olmix Société Anonyme, Novus International, Inc., Bayer AG, E. I. du Pont de
Nemours and Company, and Syngenta International AG.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of mycotoxin
binders market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.