"Designing Growth Strategies is in our DNA"

Mycotoxin Detoxifiers Market Size, Share and Global Trend By Product Type (Mycotoxin-Absorbing Agents, Mycotoxin Bio-transforming Agents), By Animal Type (Livestock, Companion), By Distribution Channel (Pet Shops, Retail Shops, Online Stores), Regional Forecast, 2024-2032

Region : Global | Report ID: FBI100269 | Status : Ongoing

 

KEY MARKET INSIGHTS

There are numerous species of molds and hundreds of identified mycotoxins in the world. Mycotoxins are naturally found toxic compounds that are produced by certain species of fungi. Species that produce mycotoxins include Trichoderma, Fusarium and Stachybotrys. Mycotoxins can affect both animals and humans. Mycotoxins detoxifiers are used in animal feeds for preventing its contamination by mycotoxins. Mycotoxins are prone to enter the food chain through infected crops and livestock feeds. The growing concern for animal safety and active government participation have led to the availability of various mycotoxin detoxifying agents.

Mycotoxins detoxifiers have applications in fodder manufacturing, aquaculture industries, poultry, farming, and others. According to the Biomin World Mycotoxin Survey Report 2018, in Argentina, the average concentration of fumonisins increased from 2,800 ppb in 2017 to 4,762 ppb in 2018. New product introduction such as FUMZYME SOL in 2019 by Biomin, is expected to positively impact global mycotoxin detoxifiers market. 

To gain extensive insights into the market, Request for Customization

The rising concern to enhance the livestock feeds, the upsurge in the animal feed safety issues, and active government support for intervention to reduce the episodes of mycotoxin contamination are the primary reasons attributed for the growth in global mycotoxin detoxifiers market. In addition, the development of diagnostic kits for accurate detection of mycotoxins is expected to fuel the global mycotoxin detoxifiers market. For example, in April 2017, Romer Labs, a company under ERBER Group launched AgraQuant, the ELISA test kit for the detection of Aflatoxin M1, a type of mycotoxin. 

However, the harmful effects of using inorganic mycotoxin absorbents and the risk of their entry in the food chain are the major factors that can hamper the growth in global mycotoxin detoxifiers market. 

Key Players Covered 

Some of the major companies that are present in the global mycotoxin detoxifiers market are Erber AG (Biomin), Alltech, Impextraco NV, Micron Bio-Systems, Kemin Industries Inc., Neovia, Olmix Group, Special Nutrients LLC., Nutriad, and other players 

SEGMENTATION 

 SEGMENTATION

  DETAILS

By Product Type

·      Mycotoxin-Absorbing Agents

·      Mycotoxin Bio-transforming Agents

By Animal Type

·      Livestock

·      Companion

By Distribution Channel

·      Pet Shops

·      Retail Shops

·      Online Stores

By Geography

·      North America (USA and Canada)

·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

·      Latin America (Brazil, Mexico and Rest of Latin America)

·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

                               

The growth in the livestock segment is likely to propel in the forecast period owing to the volume of use of mycotoxin detoxifiers in animal feeds and active government participation 

Key Insights 

  • Epidemiology of mycotoxin infection – for key countries
  • Government Initiatives for prevention of mycotoxin contamination
  • Regulatory scenario for key countries
  • Key mergers and acquisitions 

Regional Analysis 

The global mycotoxin detoxifiers market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to dominate the global mycotoxin detoxifiers market in the forecast years due to the emerging government guidelines for the use of mycotoxin additives and continuous government support for mycotoxin contamination reduction. Furthermore, the positive feedback of European Food Safety Authority (EFSA), on the safety and efficacy of Biomin BBSH 797, a mycotoxin bio-transforming additive in 2016, to be used in poultry feeds, is anticipated to augment the mycotoxin detoxifiers market in Europe. The mycotoxin detoxifiers market in North America and Asia Pacific is estimated to grow by 2026, owing to the rising number of mycotoxin contamination and high amounts of meat consumption. 

Key Industry Developments

  • In March 2019, BIOMIN launched FUMZYME SOL, which is the first water soluble purified enzyme that can be sprayed easily on feed in order to counteract against fumonisins, a group of mycotoxins.
  • In March 2015, BIOMIN launched Mycofix 5.0, which is the fifth evolution the company leading brand for mycotoxin detoxification in the Asian Market.
  • In April 2017, Romer Labs, a company under ERBER Group launched AgraQuant, an ELISA test kit for the detection of Aflatoxin M1, a type of mycotoxin.                                                                                                                                        

 


  • Ongoing
  • 2023
  • 2019-2022

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Ipsos
Roche
iqvia
Ansell
uniliver

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X