Global Detoxification of Mycotoxins in Feed Market 2023-2029

Mycotoxins are generally found in food, feed, dairy products, and beverages, subsequently presenting serious human and animal health problems. In this regard, many biological, chemical, and physical approaches were investigated to reduce and/or remove contamination from food and feed products. Over the last years, physical, chemical, and biological detoxification processes have been developed and they intended to mitigate mycotoxins in food and feed through destroying, modifying, or adsorbing them. According to the latest research, the global detoxification of mycotoxins in feed market is poised to grow by USD 1.1 billion during 2023-2029, progressing at a CAGR of 5.4% during the forecast period.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global detoxification of mycotoxins in feed market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the approach, animal type, and region. The global market for detoxification of mycotoxins in feed can be segmented by approach: binders, biotransformations. According to the research, the binders segment had the largest share in the global detoxification of mycotoxins in feed market. Detoxification of mycotoxins in feed market is further segmented by animal type: ruminants, swine, poultry, others. Poultry was the highest contributor to the global detoxification of mycotoxins in feed market. Going forward, the region segment is projected to witness the highest CAGR during the forecast period. Based on region, the detoxification of mycotoxins in feed market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2022.

The binders market is further segmented into clay, bentonite, others. The latest analysis indicates that the clay segment occupied the largest share of this market in 2022 and is expected to draw the highest demand in coming years. Furthermore, the biotransformation market has been categorized into enzyme, yeast, others. Globally, the yeast segment made up the largest share of the detoxification of mycotoxins in feed market.

Market Segmentation
By approach: binders, biotransformations
By animal type: ruminants, swine, poultry, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Detoxification of Mycotoxins in Feed Market, including ALBITALIA S.R.L., Algebra Bio Limited, Alltech Inc., Anpario plc, Archer Daniels Midland Company, BASF SE, Bentoli, Inc., BERTOL COMPANY s.r.o., Bluestar Adisseo Co., BRITMILK Ltd., Cargill, Incorporated, Clariant AG, Envarto (Pty) Ltd., EW Nutrition GmbH, Global Nutritech Biotechnology LLC, Impextraco NV, INNOVAD NV/SA, Kemin Industries Inc., Norel S.A., Nutreco N.V. (SHV Holdings N.V.), Nutrex NV, Olmix SA (Bioalg Holding SASU), Perstorp Holding AB (PETRONAS Chemicals International B.V.), Poortershaven Industriele Mineralen B.V., Royal DSM N.V., Vilomix A/S, Virbac S.A., Volac International Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global detoxification of mycotoxins in feed market.
• To classify and forecast the global detoxification of mycotoxins in feed market based on approach, animal type, region.
• To identify drivers and challenges for the global detoxification of mycotoxins in feed market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global detoxification of mycotoxins in feed market.
• To identify and analyze the profile of leading players operating in the global detoxification of mycotoxins in feed market.

Why Choose This Report
• Gain a reliable outlook of the global detoxification of mycotoxins in feed market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.