Press Releases
 
Mycotoxin Binders Market will likely Become Worth US$387.4 mn by 2025

, 13 March 2018 -- Mycotoxin Binders Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025

Prominent participants in the global mycotoxin binders market are focusing on augmenting their product portfolios in order to reach out to a wider customer pool. For this, they are investing heavily in research and development to come up with new products or improve existing ones.

Some of the key companies operating in the global market for mycotoxin binders are BASF, Syngenta International, E.I. du Pont, Kemin Industries, Bayer, Nutreco, Impextraco, Novus International, Cargill, and Biomin.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23192

A report by Transparency Market Research predicts the global mycotoxin binders market to register a healthy 9.7% CAGR during the period between 2017 and 2025. Rising at this pace, the market which is expected to be worth US$184.1 mn by the end of 2017 will likely become worth US$387.4 mn by 2025.

Depending upon the product type, the global mycotoxin binders market has been classified into raw clays, zeolites and other treated aluminosilicates, polysaccharides, etc. Of them, zeolites and other treated aluminosilicates is predicted to account for maximum market share. The TMR report predicts the two segments to together account for about 37.1 % of market share in 2017.

Geography-wise, the key segments of the global market for mycotoxin binders are North America, Latin America, Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa. Latin America, among them, is slated to outpace all other segments vis-à-vis growth rate by clocking a solid 11.0% CAGR in the forecast period from 2017 to 2025. This is because of the rising knowledge about the use of mycotoxins in feed and its effects and increasing investments by companies in research and development to come up with better products.

Ability to Enhance Quality of Meat Stokes Demand

Animal feeds are prone to mold growth and mycotoxin contamination. Mycotoxin binders are added to feed to prevent animals from absorbing toxins that maybe present in those. With an ever-increasing world population, urbanization, and changing food habits of people, especially in the Asia Pacific region, demand for meat and poultry products has skyrocketed. This, in turn, has generated demand for feed mycotoxin binders, particularly in Asia Pacific.

With high amounts of insect and fungi infestation, essential nutrients are lost on the animal feed. Mycotoxin binders are added to those to prevent the animals from ingesting toxins from the contaminated feed. In this way they help to enhance the quality of the meat and also cater to the increasing demand for organic meat.

Changing Climate Globally Proves Beneficial for Market

Besides, changing climatic conditions around the world is serving to up insect and fungi infestations in animal feeds, which will further increase demand for pesticides and fungicides. With a high degree of infestations occurring in regions where contamination was previously negligible, global food and feed supply chain will encounter more modified mycotoxins and an overall increase in occurrences. This is expected to prove beneficial to the market for mycotoxin binders as well.

Besides, the market is also predicted to make gigantic strides on the back of rapid industrialization. Posing a roadblock to the market, on the other hand, is the requirement for specific inactivators for various mycotoxins.

# # #


Submitted by amyjames on Tuesday, 13 March 2018 at 9:50 PM
Category: Food & Fashion
 
Related News

Biscuits Market – Sweet Biscuits to Lead the Pack as they Remain Global Favorites
Wednesday, 19 Dec 2018

Soy Protein Concentrate Market - Growing Number of Vegan Population Driving Growth
Wednesday, 19 Dec 2018

Global Soy desserts Market: Key Growth Factor Analysis & Research Study 2018-2025
Wednesday, 19 Dec 2018

Pistachio Market - Pistachios Have Rich Nutrient Content, which Fuels their Demand Globally
Wednesday, 19 Dec 2018

Molasses Market - Food and Beverages Industries have Emerged Growth
Wednesday, 19 Dec 2018

Related Events

11th Annual American Food Innovate Summit, Chicago (February 4-5, 2019)
Monday, 4 Feb 2019

Hospitality Tech and Innovation Fourm
Monday, 25 Mar 2019

European Food Sure Summit, 13th - 14th May 2019, Amsterdam
Monday, 13 May 2019

Latest News

Label Ales – The Thermal Printing Specialist
Wednesday, 19 Dec 2018

ResearchMoz: Growing Demand For Global Nano Colloidal Silver Market Insights, Forecast to 2025
Wednesday, 19 Dec 2018

Recycled HDPE Pellets Market: Global Industry Analysis, Research, Size, Share, Growth, Sales & Tren
Wednesday, 19 Dec 2018

Global Laminating Adhesives for Flexible Packaging Market Booming With Henkel, Dow & Covestro AG
Wednesday, 19 Dec 2018

Future Demand, Development Trends And Industry Analysis of Global Hydrosol Market
Wednesday, 19 Dec 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 19 December 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Palo Alto Networks: CYBER TUESDAY – CYBER SECURITY BEST PRACTICES – LEVEL 1
  • Palo Alto Networks: Security concerning use of AWS
  • Imaging in Beaver Creek
  • Cardiology Update at Puerto Vallarta: A Focus on Prevention
  • BIOTECH SHOWCASE 2019 - 11th Annual Partnering Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.