The market is projected to reach USD 2487.34 million by 2023, growing at a CAGR of 3.34% during the forecast period (2017 to 2023). Mycotoxin detoxifiers, when used in animal feed, prevent the contamination of feed by mycotoxins, which are a collective group of natural chemicals (toxic secondary metabolite) produced by certain molds. The presence of various mycotoxins contaminate the animal feed and negatively affect the health of animals. The adverse effects could range from problems related to reproduction and organ damage (liver/kidney) to a greater susceptibility to infectious diseases in animals. They can also affect the performance of these animals. To protect these animals from these adverse effects, mycotoxin detoxifiers are used in animal fodder. They are unique for each mycotoxin and are required to be supplemented in animal feed to counter the harmful effects of mycotoxins.
GROWTH IN CONSUMPTION
The growing demand for high-value animal protein has put the livestock sector under much pressure. The global livestock sector is growing at an exponential rate and the factor that is fuelling this enormous surge is a combination of growth in population, the rise in incomes and urbanisation. By 2030, the annual meat production is poised to increase by 18%. There is a direct relationship between the income level and the animal protein consumption, as the consumption of milk, meat, and eggs increase at the expense of staple foods. Urbanisation has proved to be the most important factor influencing the growing demand for livestock products. City dwellers are recorded to have a varied diet rich in the animal proteins and fats present in meat and dairy products compared to the less diversified diets of the rural communities. There has been a substantial increase in the consumption of animal products in countries like India, Brazil and China, though the levels are still below the levels of consumption in North American and most other developed countries. With the diets becoming richer and more diverse, livestock sector offers high-value proteins that improve the nutrition of the majority of the world. Apart from providing high-value proteins, livestock products also are important sources of a varied range of essential micronutrients, specifically minerals like iron & zinc, and vitamins like vitamin A.
MYCOTOXIN CONTAMINATION THE MAJOR THREAT
The prevention of mycotoxin contamination remains to be the primary goal of the feed industries, and under certain environmental conditions the contamination of various commodities with mycotoxins is unavoidable
Feed additives like antioxidants, amino acids, vitamins, and trace elements are used to reduce the toxic effects observed in animals. The increasing number of incidences on the presence of mycotoxins in feeds has risen the demand for natural and economical detoxification procedures. A number of approaches are used to counteract mycotoxins, though a few have been highly effective in practical application. Physical treatment of the feed, which includes washing, polishing, mechanical sorting and separation, segregation, flotation, autoclaving, roasting and microwave heating, UV irradiation, ultrasound treatment and solvent extraction can be implemented economically. Though, the efficiency of these techniques depends on the level of contamination and are uncertain at times, the use of these alternatives help solve the contamination of the feed from mycotoxins at the grassroots level and thereby can restrain the growth of the mycotoxin detoxifiers market
ADVENT OF ORGANIC BINDERS
Natural organic binders have been proposed as one of the natural and effective detoxifying agents for mycotoxins in animal feed. Another effective strategy to control mycotoxicoses in animals is the application of microorganisms, which are capable of bio transforming certain mycotoxins into less toxic metabolites
The microorganisms act in the intestinal tract of animals prior to the absorption of the mycotoxins. Many species of bacteria and fungi have been shown to enzymatically degrade mycotoxins. Yeasts and lactic acid bacteria (LAB) occur as part of the natural microbial population in the spontaneous fermentation of feed. Besides the effective nutritional value of these, yeast or yeast cell walls show tremendous potential as mycotoxin binders. The adsorption of mycotoxins is enhanced significantly by the usage of yeast cell walls
EU's ‘SMART’ WAY TO TACKLE MYCOTOXINS
A four year, €5m backed EU project is looking to create a cloud based platform that provides real-time, customised advice about mycotoxins in order to achieve crop contamination reductions of between 20 and 90%. The initiative, which is funded by the EU’s Horizon 2020 research and innovation program, involves a multidisciplinary team of scientists, engineers and IT specialists as well as policymaker representatives, academic and industry partners. The EU produces yearly about 133 million tons (Mt) of wheat, 68Mt of maize and 8Mt of oats. Mycotoxin contamination results in €1.2 to €2.4bn in lost income for wheat alone in the EU, and a reduction in such losses of only 1% would save somewhere between €12 to 24m, said the research partners. Major players, with the support of government, are coming up with innovative solutions and strengthening their R&D so as to provide utmost nutritional value and safety to the animal feed and feed ingredients and thereby to human beings
MYCOTOXIN DETOXIFIER COMPANIES
Alltech Bio-Products Co. Ltd.
Bayer Co., Ltd.
NOTABLE MARKET DEVELOPMENTS
Dairy and pig trials to support the development of EU equivalent regulations on feed additives to detoxify mycotoxins are about to get underway in China.
Alltech mycotoxin management website was updated with additional information including more than 500 different types of mycotoxins in animal feed.
Bayer and CRISPR therapeutics AG join forces to develop and cure for serious genetic diseases.
NutriAd International introduced MYCOMAN mobile application for mycotoxin management
OBJECTIVES OF THE STUDY
Market analysis for the global feed mycotoxin detoxifiers market, with region-specific assessments and competition analysis on global and regional scales.
Key manufacturers of Feed Mycotoxin Detoxifiers, and their major products in each of the application varieties (Binders and Bio Transformers) and across the animal types (Ruminants, Swine, Poultry, Aquaculture, Others)
Market definition along with the identification of key drivers and restraints for mycotoxin detoxifiers market.
Identification of factors instrumental in changing the economic impact of the market, rising prospective opportunities, and identification of the key trends that can influence this market across each livestock type.
Extensively researched competitive landscape section with the dynamics of the companies operating along with their market share.
Identification and analysis of the macro and micro factors which affect the growth pattern in global feed mycotoxin detoxifiers market on both global and regional level.
A comprehensive list of all the major manufacturers along with the analysis of their current strategic interests in the market for their sustenance and growth along with vital financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is booming and to also identify the parts that are still untapped.
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
3. Executive Summary
4. Market Overview
4.2 Key Findings of the Study0
5. Market Dynamics
5.1.1 Increased Industrial Livestock Production
5.1.2 Demand for High-Quality Meat
5.1.3 Changing Demographics in Asia-Pacific and South America
5.2.1 Stringent Regulations for Mycotoxins Detoxifiers
5.2.2 Volatility in Raw Material Price
5.3.1 Increasing Demand in Asia-Pacific Markets
5.3.2 Deactivation Technologies
5.3.3 Rise in the Cost of Natural Feeds
5.4 Porters Analysis
5.4.1 Bargaining Power of Buyers
5.4.2 Bargaining Power of Suppliers
5.4.3 Degree of Competition
5.4.4 Threat of New Entrants
5.4.5 Threat of Substitutes
6. Global Feed Mycotoxin Detoxifier Market Segmentation, by Type
6.2 Bio Transformers
7. Global Feed Mycotoxin Detoxifiers Market, by Animal Type
8. Global Feed Mycotoxin Detoxifiers Market, by Geography
8.1 North America
8.2.2 United Kingdom
8.3 Asia Pacific
8.4 South America
8.5 Africa & Middle-East
8.5.1 South Africa
9. Competitive Landscape
9.2 Market Share Analysis
10. Company Profiles
10.1 Alltech, Inc.
10.2 Amlan International
10.3 Bayer Animal Nutrition
10.4 Special Nutrients, Inc. Ltd
10.5 Impextraco (Belgium)
10.7 Prince Agri Products
10.8 Kemin Industries Inc
10.9 Perstorp Performance Additives
10.10 Nutriad International Nv:
10.11 Norel Animal Nutrition:
10.12 Olmix Group
10.13 Micron Bio Systems
- Alltech Inc.
- Amlan International
- Bayer Animal Nutrition
- Special Nutrients Inc. Ltd
- Impextraco (Belgium)
- Prince Agri Products
- Kemin Industries Inc
- Perstorp Performance Additives
- Nutriad International Nv:
- Norel Animal Nutrition:
- Olmix Group
- Micron Bio Systems