Feed Mycotoxin Binders Market
Feed Mycotoxin Binders Market Size - By Product (Bentonite, LSCAS, Zeolites, Live Yeast), By Livestock (Poultry, Swine, Ruminant, Aquaculture, Equine), & Global Forecast, 2024 – 2032
Published Date: May - 2025 | Publisher: MIR | No of Pages: 240 | Industry: Animal Health and Nutrition | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Free Sample Ask for Discount Request CustomizationFeed Mycotoxin Binders Market Size
Feed Mycotoxin Binders Market was approximately USD 131.4 Million in 2023 and is anticipated to grow at 10.6% CAGR during the forecast period from 2024 to 2032. Feed mycotoxin binders are chemicals incorporated into animal feed to reduce the negative effects of mycotoxins, toxic substances that are formed by some fungi. The binders function by adsorbing mycotoxins, inhibiting their uptake in the gastrointestinal tract and reducing their effect on animal health.
To get key market trends
The growth of the market is dominated by rising awareness of mycotoxin contamination of feed, growing worries over animal health and performance, and escalating demand for safe and high-quality animal products. Furthermore, regulations on mycotoxin content in feed are stringent, and as such, they drive the growth of the industry since animal and poultry producers pursue effective solutions to protect animal welfare and ensure productivity.
Report Attribute | Details |
---|---|
Base Year | 2023 |
Feed Mycotoxin Binders Market Size in 2023 | USD 131.4 Million |
Forecast Period | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR | 10.6% |
2032 Value Projection | USD 397.3 Million |
Historical Data for | 2018 to 2023 |
No. of Pages | 180 |
Tables, Charts & Figures | 136 |
Segments covered | Product, Livestock and Region |
Growth Drivers |
|
Pitfalls & Challenges |
|
What are the growth opportunities in this market?
Competition and market oversaturation create great threats to the market. With demand for good mycotoxin binders increasing, a flood of market players creates stiff competition, the potential of which is price wars and shrinkage of profit margins.
COVID-19 Impact
The COVID-19 pandemic has heavily influenced the market, presenting a complicated set of challenges and opportunities. Supply chain disruptions, such as transport restrictions and labor shortages, have impacted the production and supply of mycotoxin binders.
Feed Mycotoxin Binders Market Trends
The market is observing a number of notable trends that are defining its direction. More focus on natural and sustainable feed options has resulted in a boom in the demand for mycotoxin binders with organic and environmentally friendly compositions. Breakthroughs in binder formulation technologies, including the creation of multi-functional binders with increased activity against a larger range of mycotoxins, are picking up pace.
Feed Mycotoxin Binders Market Analysis
Learn more about the key segments shaping this market
The mycotoxin binder market is segmented into various products, such as bentonite, LSCAS, zeolites, live yeast, and others. In 2023, LSCAS (Liver Source of Condensed Tannins) dominated the market with a worth of 79.1 million USD. LSCAS is gaining recognition in the animal feed sector as it's a green and natural method of safeguarding animals against mycotoxins. Mycotoxins are toxins released by mold, and LSCAS will adsorb to them in the gut and prevent them from causing damage to the animals. This makes it an excellent resource for farmers seeking to use safe and efficient mycotoxin binders. Zeolites are a second kind of mycotoxin binder that consists of small crystals. The crystals contain many small pores, which enables them to absorb and capture mycotoxins. Zeolites are multi-purpose and have the potential to protect animals from a broad spectrum of mycotoxins. Live yeast is also an option for farmers. It includes beneficial bacteria such as Saccharomyces cerevisiae, which can make digestion better and enable animals to better absorb nutrients from the feed they are eating. Live yeast is gaining traction as a feed additive since it can assist in keeping animals healthy and productive.
Learn more about the key segments shaping this market
The feed mycotoxin binders market is a giant jigsaw puzzle, and every piece is a type of animal. Poultry is the largest piece, dominating nearly half the puzzle in 2023. But the other pieces are expanding as well. Pigs are receiving improved genetics and medicine. Cows and sheep are turning green and going natural with green farming. Fish farmers are matching our increasing demand for seafood by coming up with innovative food recipes. Even horses have their own special puzzle piece, which is concerned with healthy diets and well-being. In this rapidly changing puzzle, everyone on board has to keep abreast of the current trends in consumer behavior, technology, and regulation. This makes us maintain healthy and cheerful animals, and utilize our resources to their fullest extent.
Looking for region specific data?
The U.S. has staunchly asserted its leadership in the North American market, holding a significant majority feed mycotoxin binders market share and registering a significant revenue of USD 20.1 million in 2023. his dominant role speaks volumes for the country's leading role in researching and applying effective solutions to the fight against mycotoxin issues in animal feed. Driven by state-of-the-art research and development resources, a strong agricultural economy, and rigorous regulations, the U.S. leads in manufacturing high-quality mycotoxin binders and compliance. The established distribution channels and infrastructure in the country also play a significant role in seamless supply chains.
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
Feed Mycotoxin Binders Industry News
- In October2023, BIOMIN Holding GmbH announces the launch of Biofix® Pro, a new mycotoxin binder specifically designed for poultry feed. Biofix® Pro is a synergistic blend of yeast cell wall components and inorganic adsorbents that effectively binds a wide range of mycotoxins, including aflatoxins, fumonisins, and zearalenone.
- In September 2023, Kemin Industries Inc. releases a new study that shows its mycotoxin binder, Blended Toxin Adsorbents (BTA), can reduce the negative effects of mycotoxins on poultry performance. The study found that BTA-supplemented birds had improved feed intake, weight gain, and egg production compared to birds fed mycotoxin-contaminated feed without a binder.
Feed Mycotoxin Binders Market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2034, for the following segment
Click here to Buy Section of this Report
By Product
- Bentonite
- LSCAS
- Zeolites
- Polysaccharide
- Others
By Livestock
- Poultry
- Swine
- Ruminant
- Aquaculture
- Equine
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- Saudi Arabia
- UAE
Related Reports
- Equine Artificial Insemination Market Size - By Component (Services, Semen [Fresh, Chilled, Frozen], Equipment, Reagents...
- Veterinary Pharmacovigilance Market by Product Type (Drugs, Vaccines, Feed Additives) and Application (Livestock, Compan...
- Veterinary Assistive Reproduction Technology Market – By Type (Service, Semen, Instruments), Technology (Artificial In...
- Pet Monitoring Camera Market - By Product (Interactive Cameras, Standalone Cameras), By Distribution Channel (Online, Of...
- Pet Mobility Aids Market – By Product (Wheelchairs, Harnesses & Slings, Splints & Braces, Ramps & Steps, Prosthetics),...
- North America Seasoning Market Size - By Type (Oregano, Paprika, Ginger, Cinnamon, Cumin, Turmeric, Garlic, Cardamom, Co...
Table of Content
-
Introduction
1.1 Market Definition
1.2 Importance of Mycotoxin Binders in Animal Feed
1.3 Scope of the Report -
Market Overview
2.1 Market Size and Growth
2.2 Key Market Drivers
2.3 Market Challenges
2.4 Market Opportunities -
Types of Mycotoxin Binders
3.1 Clays and Aluminosilicates
3.2 Activated Charcoal
3.3 Yeast Cell Wall Components
3.4 Synthetic Polymers
3.5 Others -
Application Segment
4.1 Poultry Feed
4.2 Swine Feed
4.3 Ruminant Feed
4.4 Aquaculture Feed -
Regional Analysis
5.1 North America
5.2 Europe
5.3 Asia-Pacific
5.4 Latin America
5.5 Middle East & Africa -
Competitive Landscape
6.1 Market Share Analysis
6.2 Key Players and Profiles
6.3 Recent Developments and Innovations -
Regulatory Framework
7.1 Global Regulations on Feed Additives
7.2 Regional Regulatory Policies -
Market Trends and Future Outlook
-
Conclusion
-
Appendix
10.1 Methodology
10.2 Data Sources
Will be Available in the sample /Final Report. Please ask our sales Team.
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy