Market Overview:
The global mycotoxin detoxifiers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for safe and healthy food products, rising awareness about the health hazards associated with mycotoxins, and growing demand for animal feed additives. However, the high cost of mycotoxin detoxifiers may restrain the growth of this market during the forecast period. On the basis of type, the global mycotoxin detoxifiers market is segmented into binders and modifiers. The binders segment is further sub-segmented into organic binders and inorganic binders. The modifiers segment is further sub-segmented into enzyme modifiers and non-enzyme modifiers. The organic binder segment held a major share of the global mycotoxin detoxifiers market in 2017 owing to its ability to effectively remove toxins from food products without affecting their nutritional value or taste. On the basis of application,the global mycotoxin detoxifiermarketis dividedinto farm animals, pets, aquatic animals, zoo animalsand other applications segments .
Product Definition:
Mycotoxin detoxifiers are agents that help to remove mycotoxins from the body. They are important because mycotoxins can cause serious health problems.
Mycotoxin Binders:
Mycotoxin binders are natural ingredients that help in binding mycotoxins and thus prevent their harmful effects. The most common way of using them is by adding them to the food & beverage products as an ingredient. However, they can also be used directly for consumption or applied topically on the skin.
Mycotoxin Modifiers:
Mycotoxin modifiers are natural ingredients that prevent the toxic effects of mycotoxins. Mycotoxin is a harmful by-product formed during the fermentation process in dairy products, meat and grains. The main function of mycotoxin is to enter the body cells and damage them causing cell death. Some of its symptoms include abdominal pain, diarrhea, vomiting, & stomach cramps among others.
Application Insights:
The farm animals segment dominated the global mycotoxin detoxifiers market in terms of revenue share in 2017. The demand for feed additives that prevent the absorption of mycotoxins into animal tissues is anticipated to drive product demand. Moreover, increasing awareness among farmers regarding the risks associated with these toxins is expected to result in an increased focus on adopting safe production practices, thereby driving growth.
Pets are estimated to be one of the fastest-growing segments over the forecast period owing to rising health concerns among pet owners regarding exposure to toxicants at home and abroad. In addition, growing consumer preference for companion animals that exhibit enhanced behavior and physical fitness is projected boost industry growth over next eight years.
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 more than 60% of global mycotoxin load, which has resulted in high demand for detoxifiers. China, India, Japan and Australia are some of the countries with a high prevalence rate of Mycobacterium avium complex (MAC) that require immediate attention regarding control measures such as mycotoxin binders or modifiers.
The Asia Pacific region is also home to several emerging economies including South Korea, Indonesia and Malaysia where increasing disposable income levels have resulted in increased consumption patterns towards luxury food products contaminated with toxic mold compounds such as ochratoxin A (OTA), citrinin A (CTA) or zearalenone A(ZEA). These factors are anticipated to increase market penetration rates over the forecast period.
Growth Factors:
- Increasing awareness about the health hazards posed by mycotoxins and the need for detoxification
- Growing demand for organic food products that are free from mycotoxins
- Rising incidence of food poisoning caused by ingestion of mycotoxin-contaminated foods
- Increased use of Mycotoxin Detoxifiers in animal feed to protect livestock from the harmful effects of mycotoxins
- Technological advancements that lead to development of new and more effective Mycotoxin Detoxifiers
Scope Of The Report
Report Attributes
Report Details
Report Title
Mycotoxin Detoxifiers Market Research Report
By Type
Mycotoxin Binders, Mycotoxin Modifiers
By Application
Farm Animals, Pets, Aquatic Animals, Zoo Animals, Other
By Companies
Bayer, Alltech Bio-Products, Omega Biotech Shanghai, Pfizer Animal Health, Biomin, Amlan International, Evonik Industries, Poortershaven Industrial Minerals, Chr. Hansen Holding, Kemin Industries, Archer Daniels Midland, Intervet/Schering-Plough, Tesgo International, Belgium Impextraco, Cenzone Tech, Special Nutrients, Adisseo France, Omega Biotech Shanghai
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Mycotoxin Detoxifiers Market Report Segments:
The global Mycotoxin Detoxifiers market is segmented on the basis of:
Types
Mycotoxin Binders, Mycotoxin Modifiers
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
Farm Animals, Pets, Aquatic Animals, Zoo Animals, Other
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:
- Bayer
- Alltech Bio-Products
- Omega Biotech Shanghai
- Pfizer Animal Health
- Biomin
- Amlan International
- Evonik Industries
- Poortershaven Industrial Minerals
- Chr. Hansen Holding
- Kemin Industries
- Archer Daniels Midland
- Intervet/Schering-Plough
- Tesgo International
- Belgium Impextraco
- Cenzone Tech
- Special Nutrients
- Adisseo France
- Omega Biotech Shanghai
Highlights of The Mycotoxin Detoxifiers 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:
- Mycotoxin Binders
- Mycotoxin Modifiers
- By Application:
- Farm Animals
- Pets
- Aquatic Animals
- Zoo Animals
- Other
- 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 Detoxifiers 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:
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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 detoxifiers are substances that can help to break down mycotoxins in the body. Mycotoxin detoxifiers may be found in supplements, food, or medications.
Some of the major companies in the mycotoxin detoxifiers market are Bayer, Alltech Bio-Products, Omega Biotech Shanghai, Pfizer Animal Health, Biomin, Amlan International, Evonik Industries, Poortershaven Industrial Minerals, Chr. Hansen Holding, Kemin Industries, Archer Daniels Midland, Intervet/Schering-Plough, Tesgo International, Belgium Impextraco, Cenzone Tech, Special Nutrients, Adisseo France, Omega Biotech Shanghai.
The mycotoxin detoxifiers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mycotoxin Detoxifiers 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 Detoxifiers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mycotoxin Detoxifiers 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 Detoxifiers 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 Detoxifiers Market Size & Forecast, 2018-2028
4.5.1 Mycotoxin Detoxifiers Market Size and Y-o-Y Growth
4.5.2 Mycotoxin Detoxifiers Market Absolute $ Opportunity
Chapter 5 Global Mycotoxin Detoxifiers 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 Mycotoxin Detoxifiers Market Size Forecast by Type
5.2.1 Mycotoxin Binders
5.2.2 Mycotoxin Modifiers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mycotoxin Detoxifiers 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 Mycotoxin Detoxifiers Market Size Forecast by Applications
6.2.1 Farm Animals
6.2.2 Pets
6.2.3 Aquatic Animals
6.2.4 Zoo Animals
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mycotoxin Detoxifiers 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 Detoxifiers 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 Mycotoxin Detoxifiers Analysis and Forecast
9.1 Introduction
9.2 North America Mycotoxin Detoxifiers 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 Mycotoxin Detoxifiers Market Size Forecast by Type
9.6.1 Mycotoxin Binders
9.6.2 Mycotoxin Modifiers
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 Mycotoxin Detoxifiers Market Size Forecast by Applications
9.10.1 Farm Animals
9.10.2 Pets
9.10.3 Aquatic Animals
9.10.4 Zoo Animals
9.10.5 Other
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 Mycotoxin Detoxifiers Analysis and Forecast
10.1 Introduction
10.2 Europe Mycotoxin Detoxifiers 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 Mycotoxin Detoxifiers Market Size Forecast by Type
10.6.1 Mycotoxin Binders
10.6.2 Mycotoxin Modifiers
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 Mycotoxin Detoxifiers Market Size Forecast by Applications
10.10.1 Farm Animals
10.10.2 Pets
10.10.3 Aquatic Animals
10.10.4 Zoo Animals
10.10.5 Other
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 Mycotoxin Detoxifiers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mycotoxin Detoxifiers 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 Mycotoxin Detoxifiers Market Size Forecast by Type
11.6.1 Mycotoxin Binders
11.6.2 Mycotoxin Modifiers
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 Mycotoxin Detoxifiers Market Size Forecast by Applications
11.10.1 Farm Animals
11.10.2 Pets
11.10.3 Aquatic Animals
11.10.4 Zoo Animals
11.10.5 Other
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 Mycotoxin Detoxifiers Analysis and Forecast
12.1 Introduction
12.2 Latin America Mycotoxin Detoxifiers 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 Mycotoxin Detoxifiers Market Size Forecast by Type
12.6.1 Mycotoxin Binders
12.6.2 Mycotoxin Modifiers
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 Mycotoxin Detoxifiers Market Size Forecast by Applications
12.10.1 Farm Animals
12.10.2 Pets
12.10.3 Aquatic Animals
12.10.4 Zoo Animals
12.10.5 Other
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) Mycotoxin Detoxifiers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mycotoxin Detoxifiers 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) Mycotoxin Detoxifiers Market Size Forecast by Type
13.6.1 Mycotoxin Binders
13.6.2 Mycotoxin Modifiers
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) Mycotoxin Detoxifiers Market Size Forecast by Applications
13.10.1 Farm Animals
13.10.2 Pets
13.10.3 Aquatic Animals
13.10.4 Zoo Animals
13.10.5 Other
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 Detoxifiers Market: Competitive Dashboard
14.2 Global Mycotoxin Detoxifiers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bayer
14.3.2 Alltech Bio-Products
14.3.3 Omega Biotech Shanghai
14.3.4 Pfizer Animal Health
14.3.5 Biomin
14.3.6 Amlan International
14.3.7 Evonik Industries
14.3.8 Poortershaven Industrial Minerals
14.3.9 Chr. Hansen Holding
14.3.10 Kemin Industries
14.3.11 Archer Daniels Midland
14.3.12 Intervet/Schering-Plough
14.3.13 Tesgo International
14.3.14 Belgium Impextraco
14.3.15 Cenzone Tech
14.3.16 Special Nutrients
14.3.17 Adisseo France
14.3.18 Omega Biotech Shanghai
