Mycotoxin Binding Agents Market is expected to expand at a high-value CAGR of 6.9% to US$ 1.6 Bn by the end of 2033

The Mycotoxin Binding Agents Market research presents data in terms of volume in MT and sales revenue in US$ for the years 2018 (the forecast year) through 2027. The study includes a number of forecast aspects that have an effect on the market expansion for mycotoxin binding agents. The market study for mycotoxin binding agents also covers market dynamics such as chances, motivators, trends, and barriers.

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The global climatic change, which is fueling an increase in mycotoxin contamination, the expansion of the poultry industry, which is boosting demand for feed and feed additives, the growing consumer awareness of meat quality and product safety, and the expanding use of compound feed globally are all factors that are having an impact on the market for mycotoxin binding agents.

Opportunities in the market for mycotoxin binding agents are anticipated to arise from the increased awareness of the problems associated with mycotoxin and the growing demand for crop protection in developing nations like the Middle East and Africa. The development of the animal feed business, which directly fuels the market’s expansion for mycotoxin binding agents, and a variety of technological breakthroughs in the mycotoxin binding agents sector are the two main trends influencing the market.

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Companies Covered in This Report –

      • BASF SE
      • Syngenta International AG
      • I. du Pont
      • Bayer AG
      • Novus International Inc.
      • Cargill
      • Olmix S.A.
      • Nutreco N.V.
      • Biomin Holding GmbH
      • Kemin Industries Inc.
      • Venkys Ltd.
      • Anpario plc.
      • Impextraco N.V.
      • Industrial Técnica Pecuaria, S.A.
      • Alltech Inc.

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Taxonomy of the Mycotoxin Binding Agents Market

      • Mycotoxin Binding Agents Market By Product Type : Raw Clay, Zeolites and Other Treated Aluminosilicates, Polysaccharides, Other Materials
      • Mycotoxin Binding Agents Market By Species : Poultry, Swine, Ruminants, Aqua, Pets, Equine, Others
      • Mycotoxin Binding Agents Market By Region : North America, Latin America, Europe, MEA, APAC

 Due to the effectiveness of the “MytoolBox” management system developed by the European Union to combat mycotoxin contamination in Europe, the EU has partnered with China to help China reduce its mycotoxin in feed by employing mycotoxin binding agents and to improve trade.

The Chinese government currently lacks a process to confirm the safety and effectiveness of mycotoxin binding agents as well as an authorised procedure for these substances. It is anticipated that China’s acceptance of the mycotoxin binding agents developed by the EU will contribute to an increase in the trade in feed and feed additives. It is anticipated that this will increase demand for mycotoxin binding agents together with the installation of high feed production in China.

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