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Feed Mycotoxin Binders Market Current Trends, Industry Outlook, Growth Forecast by 2024

Author : Rahul Sankrityayan | Published Date : 2019-05-20 

Global Market Insights, Inc. has recently added a report on Feed Mycotoxin Binders Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Feed mycotoxin binders market, over the recent years, has been exhibiting an encouraging growth potential owing to the worldwide rise in consumption of meat products coupled with the increased consumer inclination toward safe and healthy food. Furthermore, the recent spurt in instances of livestock based ailments caused by contaminated feed ingredients have necessitated a wide scale usage of feed binders to lower the toxic effects.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2251

Zeolite mycotoxin binders demand is anticipated to steadily grow and surpass USD 15 million during forecast period due to its natural occurrence, non-toxicity and organic characteristics along with offering ability to reduce odors from spoiled grains in enclosed animal facilities. They also reduce chances of livestock suffering from scours, acidosis, diarrhea and enteritis thus driving product demand.

U.S. feed mycotoxin demand is likely to grow significantly during forecast timeframe and surpass USD 40 million at end of 2024. Stringent norms & policies by safety and health agencies which include FDA, FSA and NSF towards standardizing swine, ruminant, and poultry meat products should drive regional demand. Growing consumer awareness for diseases which include swine and bird flu, diarrhea and intestinal health should further boost regional industry size.

Feed mycotoxin binders add nutrition content for better digestion along with promoting animal to grow faster, healthier and stronger. They protect livestock enterprises from loss caused by feed wastage making it palatable and helping gain immunity from infectious disease & viruses. Natural toxin binders reduce bioavailability of secondary metabolites by introducing adsorbent agents reducing probability of disease.

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Key raw materials required for commercial production of mycotoxin binders are activated charcoal, organic acids, bentonite, yeast cells and HSCAS. Volatile raw material market price due to application in numerous industries along with high procurement risk might hinder industry growth. High inclusion cost for these products by livestock farmers also might impede product demand.

Natural organic binders provide an effective way of detoxifying mycotoxins in livestock feed. These microorganisms control secondary metabolites formation by bio-transforming into lowered toxic metabolites. They act in intestinal tract of animals prior to absorption of secondary metabolites.

Feed Mycotoxin Binders Market, By Product

  • Bentonite
  • HSCAS
  • Zeolites
  • Polysaccharide
  • Others

Feed Mycotoxin Binders Market, By Livestock

  • Poultry
  • Swine
  • Ruminant
  • Aquaculture
  • Equine
  • Others  

Bentonite mycotoxin binders industry size will witness strong gains surpassing USD 125 million at the end of 2024 due to its inherent attributes for high feed efficiency, adsorption capacity and productivity. They reduce secondary metabolites bioavailability along with ability to prevent harmful impacts on intestinal tract.

Feed mycotoxin binders market size from swine consumption should emit significant growth rates during projected timeframe. This growth can be attributed to increase in meat consumption rates due to protein intake. Swine are prone to pathogenic attacks which can be reduced by offering high quality & safe feeds thus complimenting product demand.

Global feed mycotoxin binders industry share is competitive & moderately fragmented and some of the market players include Alltech, Biomin, Bentoli and Kemin. These industry participants focus on reinforcing their regional presence expanding their manufacturing capacity. They adopt strategies like acquisition, mergers and partnerships to expand their product & technology portfolio.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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