Feed Mycotoxin Binders and Modifiers: Global Strategic Business Report

Global Feed Mycotoxin Binders and Modifiers Market to Reach $3.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Feed Mycotoxin Binders and Modifiers estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$3.1 Billion by 2027, growing at a CAGR of 4.4% over the analysis period 2020-2027. Clay, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$860.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bentonite segment is readjusted to a revised 4.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $615.5 Million, While China is Forecast to Grow at 6.7% CAGR

The Feed Mycotoxin Binders and Modifiers market in the U.S. is estimated at US$615.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$601.5 Million by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$387.8 Million by the year 2027.

Enzymes Segment to Record 4.3% CAGR

In the global Enzymes segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$289 Million in the year 2020 will reach a projected size of US$384.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.6% CAGR through the analysis period.

Select Competitors (Total 42 Featured) -

• Adisseo
• Alltech
• Amlan International
• Anfotal Nutritions
• Archer Daniels Midland Company (Adm)
• Basf
• Bayer
• Bentoli Inc
• Biomin
• Bona Venture Animal Nutrition
• Cargill
• Chr. Hansen
• Ff Chemicals B.V
• Global Nutritech
• Impextraco
• Kemin
• Micron Bio Systems
• Norel Animal Nutrition
• Novus International
• Nutreco
• Olmix Group
• Perstorp
• Selko B.V
• Sibbiopharm
• Visscher Holland

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year