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Feed Mycotoxin Binders Market Share

Report ID: GMI2251
Published Date: Dec 2023
Report Format: PDF

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Feed Mycotoxin Binders Market Share

In the dynamic landscape of the Asia-Pacific Market, BASF SE and Selko B.V. have emerged as pivotal players, commanding substantial market shares through a strategic blend of innovation, diverse product offerings, and a profound understanding of market dynamics. BASF SE, a German multinational chemical company, brings its global expertise to the region, leveraging advanced research and development capabilities to offer cutting-edge mycotoxin binders under the brand name Lutalin.

Simultaneously, Selko B.V., a Dutch company, has demonstrated prowess in feed additive development, particularly mycotoxin binders sold under the brand name Selko MycoStop. Both companies have effectively navigated the complex demands of the Asia-Pacific market, establishing themselves as influential contributors to the region's feed industry by addressing mycotoxin challenges with innovative solutions and comprehensive product portfolios.

Major players operating in the feed mycotoxin binders industry include:

BASF SE
Selko B.V.
Vetline
Kemin Industries Inc.
BIOMIN Holding GmbH
Alltech Inc.
Vibrac
Novus International Inc.
Adisseo
CHR Hansen
DSM
EWOS
Huvepharma
Perstorp
Trouw Nutrition

Authors: Kiran Pulidindi, Tushar Malkani

Frequently Asked Questions (FAQ) :

Global market size feed mycotoxin binders market was USD 131.4 million in 2023 and is expected to reach USD 397.3 million by 2032 due to increasing awareness of mycotoxin contamination in feed and the rising concerns about animal health and productivity worldwide.

The LSCAS product segment recorded USD 79.1 million in 2022 and is expected to register appreciable CAGR from 2023-2032 due to its natural and sustainable approach to mitigating mycotoxin risks in livestock.

U.S. industry size reached USD 20.1 million in 2022 and is expected to register commendable CAGR from 2023-2032 due to its leading role in developing and implementing effective solutions to combat mycotoxin challenges in animal feed.

BASF SE, Selko B.V., Vetline, Kemin Industries Inc., BIOMIN Holding GmbH, Alltech Inc., Vibrac, Novus International Inc., Adisseo, and CHR Hansen are some of the major feed mycotoxin binders companies worldwide.