Home > Animal Health & Nutrition > Feed Additives > Feed Mycotoxin Binders Market

Feed Mycotoxin Binders Market Trends

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

Download Free Sample

Feed Mycotoxin Binders Market Trends

The market is witnessing several noteworthy trends that are shaping its trajectory. Increasing emphasis on natural and sustainable feed solutions has driven a surge in the demand for mycotoxin binders with organic and eco-friendly formulations. Technological advancements in binder formulations, such as the development of multi-functional binders with enhanced efficacy against a broader spectrum of mycotoxins, are gaining traction.

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.