Feed Mycotoxin Binders Market Size By Product (Bentonite, HSCAS, Zeolites, Polysaccharides), By Livestock (Poultry, Swine, Ruminant, Aquaculture, Equine), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2026

Published Date: Dec 2019  |  Report ID: GMI2251  |  Authors: Kunal Ahuja, Sonal Singh

Report Format: PDF   |   Pages: 200   |   Base Year: 2018




Summary Table of Contents Industry Coverage Methodology

Rising concerns over mycotoxin formation in livestock feed to encourage feed mycotoxin binders demand  

Feed mycotoxin binders market size exceeded USD 100 million, globally in 2018 and is estimated to grow at over 9% CAGR between 2019 and 2026.
 

Feed mycotoxin binders market

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Mycotoxins are agents which forms acute and chronic diseases in both humans and animals. Mycotoxins reduce animal performance due to reduction in feed consumption, weakens the immunity system and reproductive functioning. Feed stock contamination with mycotoxins continues to be a feed safety issue, thereby leading to economic losses in animal production. Furthermore, numerous methods for feed decontamination including feed mycotoxin binders and detoxifying agents are developed to prevent the chemical absorption in intestinal tract of animal by adsorbing the toxins across the digestive surface.
 

Growing need for protein rich meat sources including swine, ruminants and poultry coupled with increasing awareness over animal health will escalate market demand. Product market growth is also supported by continuing trend of animal diseases including swine & bird flu in poultry sector. Market demand for feed mycotoxin binders is also attributed towards increasing governmental efforts especially in Europe, to standardize poultry, swine and ruminant meat products.
 

Global animal feed additives market size will rise over USD 30 billion at the end of 2025. Growing demand for processed meat has spurred the application of additives in animal nutrition and feed industry. Rapid growth in livestock production for meat consumption coupled with government initiatives including schemes and subsidies promotes livestock health and production will foster industry growth of feed mycotoxin binders in this region.
 

Global feed mycotoxin binders market growth is also supported by stringent government laws and policies over the use of feed additives. For instance, regulation 1831/2003 sets out conditions of use for additives and provisions on the labelling of feed additives or premixtures of additives. The provisions on the labelling of additives and premixtures are set out in Article 16 of Regulation 1831/2003. It should be noted that Article 16 of Regulation 1831/2003 has been amended by Article 29 of EU Regulation 767/2009. Feed additive authorizing measures may also include additional labelling requirements. EU Regulations are directly applicable and do not require transposition (implementation) into national law.
 

Feed Mycotoxin Binders Market Report Coverage
Report Coverage Details
Base Year: 2018 Market Size in 2018: USD 109.3 Million
Historical Data for: 2015 to 2018 Forecast Period: 2019 to 2026
Forecast Period 2019 to 2026 CAGR: 9.4% 2026 Value Projection: USD 222.9 Million
Pages: 200 Tables, Charts & Figures: 214
Geographies covered (22): U.S., Canada, Mexico, Germany, U.K., France, Italy, Russia, Spain, Netherlands, Poland, China, India, Japan, South Korea, Thailand, Indonesia, Brazil, Argentina, Saudi Arabia, Turkey and Iran
Segments covered: Product, Application and Region
Companies covered (17): BASF SE, Vetline, Kemin Industries, Inc., Bayer AG, Alltech, Inc, Virbac, Novus International, Inc., Selko B.V., Anfotal Nutritions, BIOMIN Holding GmbH, FF Chemicals BV, Bentoli, Inc., Visscherholland, G.M. BIOCHEM PRIVATE LIMITED, Amlan International, Impextraco NV, Lexington Enterprises Pte. Ltd.
Growth Drivers:
  • Asia Pacific: Increase in meat & meat products consumption promoting animal feed protein
  • Increasing threat from mycotoxin contamination in animal feed which is likely to propel feed mycotoxin binders demand
  • Europe: Growing industrial livestock production will drive mycotoxin demand
  • LATAM: Strong beef and poultry meat exports  in Brazil will favor product demand
  • MEA: Favorable initiatives and policies mainly in Africa will boost feed mycotoxin binders demand
Pitfalls & Challenges:
  • Health risks and contamination issues associated with clay mycotoxin binders

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Rising bentonite usage as feed mycotoxin binders to spur overall market share

Bentonite Market size, 2018 & 2026 (USD Million)
Bentonite Market size, 2018 & 2026 (USD Million)

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Feed mycotoxin binders market outlook is bifurcated into product as bentonite, HSCAS, zeolites, polysaccharide and others. Bentonite is a natural clay feed mycotoxin binder which contains aluminosilicates that has high binding affinity towards aflatoxins. Bentonites rising market share is majorly due to its capability to bind water and mineral nutrients and protect them from washing up is a useful prerequisite for enhancement of soil fertility. Bentonites in animal feed are gut protectants, which rapidly bind aflatoxins from the digestive tract and thus reduce their absorption into the digestive tract.
 

Supporting regulatory norms pertaining to feed mycotoxin binders by EU Commission regarding approval of potential of bentonite to reduce aflatoxin contamination mainly in ruminants, pigs and poultry feed will positively impact industry growth. Moreover, market demand is also governed by positive regulatory outlook from FDA regarding GRAS approval of bentonite as animal feed additive.
 

Increasing poultry production should spur market size of feed mycotoxin binders

Feed Mycotoxin Binders Market Statistics, By Poultry Application, 2015 - 2026 (USD Million)
Feed Mycotoxin Binders Market Statistics, By Poultry Application

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Market segmentation based on feed mycotoxin binders application includes poultry, swine, ruminant, aquaculture, equine and others. Poultry accounted market size surpassing USD 52.80 Mn in 2018 due to increasing demand for per capita meat consumption and with need for protein rich diet. Mycotoxin have negative effects on animal health since they effect gastrointestinal, liver, kidney, fertility health and also leads to immune suppressive conditions.
 

Mycotoxins in poultry feed may incur losses in fertility & hatchability, reduce immune responses, increase toxicity, reduce nutrient absorption & feed intake, and have a negative impact on human health due to the presence of residual remains in derived products. Feed mycotoxin binders including bentonites and zeolites help in the effective binding of aflatoxin, which is likely to boost industry growth.
 

Asia Pacific feed mycotoxin binders industry growth is supported by increasing meat consumption

India Feed Mycotoxin Binders Market Share, 2018 (USD Million)
India Feed Mycotoxin Binders Market Share, 2018 (USD Million)

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As per market analysis, India feed mycotoxin binders market is likely to witness growth at over 11.0% CAGR at the end of 2026. India animal feed additives market size is witnessing significant gains owing to strong R&D spending, changing farming techniques along with growing concern for food security. Rapid urbanization, booming food & beverage sector with shifting consumer attribute towards quality meat products will foster market demand for feed mycotoxin binders.
 

Asia Pacific has highest animal feed production and accounts for over 380 million tons market size in 2017. Growing livestock population and rise in demand for animal derived products accompanied with government initiatives such as schemes and subsidies promoting animal health and feed production may drive industry trends in this region. India accounts for over 34.2 million tons market size in feedstock production due to technological advancements in farming methods along with favorable weather condition.
 

R&D activities and new product launches to remain leading business strategies by market players

Some of the major market players operating in the feed mycotoxin binders industry report are Alltech, Bentoli, Kemin, Biomin, BASF SE and Bayer AG.
 

Market players engaged in partnerships, product launches, and innovations and in order to enhance their existing product portfolio and cater to the increasing demands of feed mycotoxin binders. Market leaders are focusing on conducting research and awareness programs to encourage feed mycotoxin binders adoption over conventional techniques of toxin reduction. In 2016, Nutriad introduced MYCOMAN mobile app for mycotoxin management which facilitates the early detection and screening of mycotoxin in raw materials before they enter the feed mill. This method offers precise calculation of mycotoxin deactivator or binder needed depending upon the contamination level of feed.
 

The feed mycotoxin binders market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume (Kilo Tons) and revenue (USD Million) from 2015 to 2026, for the following segments:

By Product

  • Bentonite
  • HSCAS
  • Zeolites
  • Polysaccharides
  • Others

By Application

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

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Russia
    • Spain
    • Netherlands
    • Poland
  • APAC
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Indonesia
  • LATAM     
    • Brazil
    • Argentina
  • Middle East          
    • Saudi Arabia
    • Turkey
    • Iran
  • Africa       
     

Frequently Asked Questions (FAQ) :

Mycotoxins are agents which form acute and chronic diseases in both humans and animals. Mycotoxins reduce animal performance due to reduction in feed consumption, weakens the immunity system and reproductive functioning.
Increasing demand and consumption of livestock-based products due to growing preference towards protein rich diets will be key driving factors for the growth of the market worldwide.
The poultry segment of feed mycotoxin binders industry dominated the market with USD 52.8 million in 2018, owing to the increasing demand for per capita meat consumption and with need for protein rich diet.

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