Market Overview:
The global mycotoxin binders and modifiers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safe food products, rising awareness about the health hazards associated with mycotoxins, and growing demand for animal feed additives. Based on type, the global mycotoxin binders and modifiers market can be segmented into swine, ruminants, aquatic animals, and others. Swine accounted for the largest share of the global mycotoxin binders and modifiers market in 2017 owing to their high vulnerability to adverse effects of mycotoxins. Aquatic animals are also expected to witness high growth during the forecast period due to their susceptibility towards various types of mycotoxins. Based on application, the global mycotoxin binders and modifiers market can be segmented into agriculture, commercial use (food & beverage industry), and others (pharmaceuticals industry).
Product Definition:
Mycotoxin binders and modifiers are agents that help to bind or modify mycotoxins, making them less harmful. They can be used to prevent or reduce the toxicity of mycotoxins in food and feed products.
Swine:
Swine, it's usage and growth factor in mycotoxin binders and modifiers market is expected to witness significant growth over the forecast period. The demand for swine, it's usage and growth factor in mycotoxin binders & modifiers market is projected to grow at a CAGR of XX% from 2016-2021.
Ruminants:
Ruminants are animals that produce rumen. The main function of the rumen is to provide nutrition for the animal while it digest its food in an acidic environment. Rumen contains microorganisms such as bacteria and fungi which help in breaking down cellulose into shorter chains, making easier to digestible form for the animal.
Application Insights:
The agriculture application segment led the global mycotoxin binders and modifier market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for pesticides with low toxicity from various countries including India, China, U.S., Brazil and South Africa among others.
Commercial application includes food & beverages processing industry followed by pharmaceuticals manufacturing industry globally as mycotoxins are considered hazardous chemicals that can have adverse effects on human health when consumed in large quantities or when it is absorbed through the skin or lungs into the blood stream. Commercial applications are estimated to be one of the key drivers for growth over next seven years owing to increasing awareness about product usage among farmers across various regions coupled with regulatory support aimed at improving food safety standards globally which is expected to boost market growth during this period of time significantly.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of global population and more than 50% of global agricultural land. Thus, it is a key consumer as well as producer of food grains globally. It also has one-third of world's livestock which includes poultry, cattle, and swine; thus making it a potential market for mycotoxin binders & modifier products over the forecast period.
Growth Factors:
- Increasing awareness about the health hazards posed by mycotoxins and the need for their prevention is expected to drive demand for mycotoxin binders and modifiers over the forecast period.
- The increasing use of organic crops, which are more susceptible to fungal contamination, is also anticipated to boost demand for these products.
- Stringent regulations on food safety across various countries are also expected to fuel growth in this market over the next few years.
- The increasing popularity of functional foods and nutraceuticals is also projected to benefit the mycotoxin binders and modifiers market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mycotoxin Binders and Modifier Market Research Report
By Type
Swine, Ruminants, Aquatic Animal
By Application
Agriculture, Commercial, Others
By Companies
Cargill, BASF, Perstorp, Bayer, Chr. Hansen, Kemin, Adisseo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Mycotoxin Binders and Modifier Market Report Segments:
The global Mycotoxin Binders and Modifier market is segmented on the basis of:
Types
Swine, Ruminants, Aquatic Animal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- BASF
- Perstorp
- Bayer
- Chr. Hansen
- Kemin
- Adisseo
Highlights of The Mycotoxin Binders and Modifier Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Swine
- Ruminants
- Aquatic Animal
- By Application:
- Agriculture
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mycotoxin Binders and Modifier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mycotoxin binders and modifiers are chemicals that help to reduce the amount of mycotoxins produced by a fungus.
Some of the major players in the mycotoxin binders and modifier market are Cargill, BASF, Perstorp, Bayer, Chr. Hansen, Kemin, Adisseo.
The mycotoxin binders and modifier market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mycotoxin Binders and Modifier Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mycotoxin Binders and Modifier Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mycotoxin Binders and Modifier Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mycotoxin Binders and Modifier Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mycotoxin Binders and Modifier Market Size & Forecast, 2020-2028
4.5.1 Mycotoxin Binders and Modifier Market Size and Y-o-Y Growth
4.5.2 Mycotoxin Binders and Modifier Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Swine
5.2.2 Ruminants
5.2.3 Aquatic Animal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mycotoxin Binders and Modifier Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mycotoxin Binders and Modifier Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Swine
9.6.2 Ruminants
9.6.3 Aquatic Animal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Swine
10.6.2 Ruminants
10.6.3 Aquatic Animal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Swine
11.6.2 Ruminants
11.6.3 Aquatic Animal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Swine
12.6.2 Ruminants
12.6.3 Aquatic Animal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Swine
13.6.2 Ruminants
13.6.3 Aquatic Animal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mycotoxin Binders and Modifier Market: Competitive Dashboard
14.2 Global Mycotoxin Binders and Modifier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 BASF
14.3.3 Perstorp
14.3.4 Bayer
14.3.5 Chr. Hansen
14.3.6 Kemin
14.3.7 Adisseo
