세계의 사료용 마이코톡신 바인더 및 개질제 시장 예측 : 제품 유형별, 유래별, 가축별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Feed Mycotoxin Binders & Modifiers Market is accounted for $2.9 billion in 2024 and is expected to reach $3.9 billion by 2030 growing at a CAGR of 5.0% during the forecast period. Feed mycotoxin binders and modifiers are additives used in animal nutrition to mitigate the harmful effects of mycotoxins, which are toxic secondary metabolites produced by molds that contaminate animal feed. Mycotoxins pose significant health risks to livestock, including reduced feed intake, impaired growth, decreased immune function, and organ damage. Mycotoxin binders work by adsorbing mycotoxins in the gastrointestinal tract, preventing their absorption into the bloodstream and reducing their impact on animal health. Binders typically consist of natural or synthetic compounds such as clays, zeolites, activated carbon, and polymers.

According to the BIOMIN World Mycotoxin Survey, 2018, it has been stated that the risk associated with mycotoxin in North America was 73%, whereas in 2016 the risk was 66% for the same.

Market Dynamics:

Driver:

Rising risk of mycotoxin contamination

As the prevalence of mycotoxins in animal feed increases due to factors such as climate change, improper storage, and agricultural practices, there is a growing need for effective mitigation strategies. This heightened risk drives demand for mycotoxin binders and modifiers, as livestock producers prioritize the safety and quality of feed to protect animal health and ensure productivity. The market responds with innovative solutions, including advanced binder formulations and enhanced product efficacy, to address evolving mycotoxin challenges thus driving the feed mycotoxin binders & modifiers market

Restraint:

Potential for interference with nutrient absorption

Producers are hesitant to adopt products that might create new problems while solving existing ones. If the potential for nutrient interference is high or not well-understood, farmers might be less likely to incorporate binders and modifiers into their feeding regimes. These deficiencies can have a cascading effect, hindering animal growth, development, and overall productivity. This translates to economic losses for farmers due to lower weight gain, reduced milk yield, or compromised egg production hindering the growth of the market.

Opportunity:

Detrimental effects of mycotoxins

The prevalence of mycotoxins and their harmful effects on animals creates a clear need for solutions like binders and modifiers. This justifies the existence and growth of this market by highlighting the problem it addresses. Additionally, stringent regulations on mycotoxin levels in animal feed create a necessity for producers to adopt effective control measures. Mycotoxin binders and modifiers play a crucial role in helping producers comply with these regulations, further fueling market growth.

Threat:

Limited efficacy and specificity

The lack of broad-spectrum binders and the variable effectiveness of existing options make it challenging for producers to choose the right product. Without clear information about a binder's efficacy against specific mycotoxins commonly found in their region, farmers struggle to make informed decisions. Moreover, if a chosen binder proves ineffective, it translates to wasted money and potentially compromised animal health. This can lead to frustration among producers and hinder their willingness to revisit the market for alternative solutions.

Covid-19 Impact

The COVID-19 pandemic initially disrupted the Feed Mycotoxin Binders & Modifiers market due to supply chain interruptions, logistical challenges, and economic uncertainties. However, the market quickly rebounded as the essential nature of animal nutrition remained evident. Additionally, ongoing research and development efforts continued, leading to the introduction of innovative solutions to address emerging challenges. Overall, while COVID-19 posed short-term challenges, the resilience and adaptability of the market ensured continued growth and stability.

The mycotoxin binders segment is expected to be the largest during the forecast period

The mycotoxin binders segment is expected to be the largest during the forecast period as these binders effectively adsorb mycotoxins, preventing them from being absorbed by animals, thus reducing health risks and maintaining livestock productivity. The use of mycotoxin binders fosters consumer confidence in the safety and quality of animal products, driving demand within the market. Additionally, stringent regulations on mycotoxin levels in feed further bolster the market for mycotoxin binders as livestock producers seek compliant solutions. Market growth is also propelled by increasing awareness among farmers about mycotoxin-related issues and the importance of preventative measures.

The inorganic segment is expected to have the highest CAGR during the forecast period

The inorganic segment is expected to have the highest CAGR during the forecast period, the most common inorganic sources, including silicates from aluminum, sodium, potassium and calcium, are mycotoxin binders from feed. In the feed industry, inflatoxins are used to bind Clay products like bentonite, zeolite, montmorillonites, HSCAS, activated carbon dioxide and synthetic polymers. Compared to organic modifiers, such as lower prices and easy storage and handling, these products have several advantages which have led to greater preference for these products over organic mycotoxin modifications.

Region with largest share:

North America is projected to hold the largest market share during the forecast period as the region's livestock industry, including poultry, swine, and cattle production, faces substantial challenges from mycotoxin contamination in animal feed, leading to economic losses and health concerns. As a result, there is a growing awareness among producers about the importance of mycotoxin management strategies, including the use of binders and modifiers. Moreover the market is characterized by the presence of both domestic and international manufacturers offering a wide range of products catering to different livestock species and mycotoxin types.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period owing to factors such as increasing awareness about food safety, growing demand for high-quality animal products, and rising concerns about mycotoxin contamination drive the demand for these products in the region. Additionally, market players in the Asia Pacific Feed Mycotoxin Binders & Modifiers market include manufacturers of feed additives, agricultural companies, and suppliers of animal nutrition solutions. These companies develop and distribute a variety of binders and modifiers tailored to the specific needs and challenges of livestock producers in the Asia Pacific region.

Key players in the market

Some of the key players in Feed Mycotoxin Binders & Modifiers market include BASF SE, Cargill, Inc., ADM Animal Nutrition, Kemin Industries, Inc., Biomin, Alltech, Inc., Evonik Industries AG, Nutreco N.V., Impextraco NV, Olmix Group, Special Nutrients, Inc., Neovia, Bentoli, Inc., Innovad, Biorigin, Micron Bio-Systems, Selko, Nutriad and Perstorp Holding AB

Key Developments:

In May 2024, BASF expands its biomass balance portfolio for selected chemical intermediates. New range of products contribute to the replacement of fossil resources with renewable raw materials according to a certified biomass balance approach

In May 2024, BASF opts for sustainable glass fiber in its Ultramid(R) A&B portfolio. These glass fibers are produced by 3B Fibreglass, a leading company and supplier of glass fiber solutions for the reinforcement of thermoplastic and thermoset polymers.

In May 2024, Cargill and local farmers collaborate in conservation monitoring of 10,000 trees in village forest. This activity was carried out as part of monitoring and evaluation activities from a conservation program previously run by Cargill on Mount Arjuna, Pasuruan, in the form of planting 10,000 trees during the period 2022-2023 on a 16 hectares land.

Product Types Covered:

• Mycotoxin Binders
• Mycotoxin Modifiers
• Other Product Types

Sources Covered:

• Inorganic
• Organic

Livestocks Covered:

• Swine
• Poultry
• Ruminants
• Aquaculture
• Equine
• Other Livestocks

End Users Covered:

• Farmers
• Feed Manufacturers
• Veterinarians & Animal Health Consultants
• Research Institutions & Laboratories
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Feed Mycotoxin Binders & Modifiers Market, By Product Type

• 5.1 Introduction
• 5.2 Mycotoxin Binders
  • 5.2.1 Bentonite
  • 5.2.2 Montmorillonite
  • 5.2.3 Activated Charcoal
  • 5.2.4 Hydrated Sodium Calcium Aluminosilicate (HSCAS)
  • 5.2.5 Zeolites
  • 5.2.6 Other Mycotoxin Binders
• 5.3 Mycotoxin Modifiers
  • 5.3.1 Enzymes
  • 5.3.2 Microorganisms
  • 5.3.3 Probiotics
  • 5.3.4 Probiotics
  • 5.3.5 Yeast Extracts
• 5.4 Other Product Types

6 Global Feed Mycotoxin Binders & Modifiers Market, By Source

• 6.1 Introduction
• 6.2 Inorganic
• 6.3 Organic

7 Global Feed Mycotoxin Binders & Modifiers Market, By Livestock

• 7.1 Introduction
• 7.2 Swine
• 7.3 Poultry
• 7.4 Ruminants
• 7.5 Aquaculture
• 7.6 Equine
• 7.7 Other Livestocks

8 Global Feed Mycotoxin Binders & Modifiers Market, By End User

• 8.1 Introduction
• 8.2 Farmers
• 8.3 Feed Manufacturers
• 8.4 Veterinarians & Animal Health Consultants
• 8.5 Research Institutions & Laboratories
• 8.6 Other End Users

9 Global Feed Mycotoxin Binders & Modifiers Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BASF SE
• 11.2 Cargill, Inc.
• 11.3 ADM Animal Nutrition
• 11.4 Kemin Industries, Inc.
• 11.5 Biomin
• 11.6 Alltech, Inc.
• 11.7 Evonik Industries AG
• 11.8 Nutreco N.V.
• 11.9 Impextraco NV
• 11.10 Olmix Group
• 11.11 Special Nutrients, Inc.
• 11.12 Neovia
• 11.13 Bentoli, Inc.
• 11.14 Innovad
• 11.15 Biorigin
• 11.16 Micron Bio-Systems
• 11.17 Selko
• 11.18 Nutriad
• 11.19 Perstorp Holding AB