Mycotoxin Binders Market: By Product Type (Mycotoxin binders, Mycotoxin modifiers), By Animal Category (Poultry, Aquaculture, Swine, Horses, Ruminant, Others), By Source (Organic, Inorganic), By End-Users (Feed Manufacturers, Home-mixers, Integrators, Aquaculture Industry), and Geography.  

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Mycotoxin Binders Market Size was valued at USD 2.9 billion in 2022 and is poised to grow at a CAGR of 3.9%  CAGR from 2023-2029 owing to the growing incidence of mycotoxins in crops and animal feeds. According to World Mycotoxin Survey 2021, globally 6.5 out of 10 samples had at least one mycotoxin above the threshold levels with the most prevalent being Fusarium mycotoxins DON (65%) and FUM (64%), followed by ZEN (48%). Mycotoxin binders are additives that are nutritionally inert that are used in animal feed to strongly bind and immobilize mycotoxins in animals' gastrointestinal tracts, hence lowering their bioavailability. According to the British Society for Plant Pathology, global climate change is increasing the mycotoxin contamination of crops pre and postharvest increasing incidences of mycotoxins in animals, which will encourage the use of toxin binders in animals. The adoption of compound feed globally which is catered according to the animal’s age group, and formulated by blending various materials and additives is expected to fuel the demand for mycotoxin binders in the market.

The global demand for mycotoxin binders has been sparked by high dairy, meat, and seafood consumption. Industrial agriculture is receiving significant investment from animal producers, which has raised the demand for mycotoxin binders. For instance, the consumption of meat per capita in European countries is about 77.1 kgs increasing the demand for mycotoxin binders in the market. The demand for feed is rising as there is more emphasis on providing good animal nutrition. But the COVID-19 catastrophic pandemic had a negative influence on the market. Moreover, some mycotoxin binder supplementation alleviates aflatoxin B1 toxic effects on the immune response and intestinal barrier in broilers are expected to hinder the growth of the market. However, the prevalence of mycotoxin incidence in the crops, the strict guidelines restraining the incidence of mycotoxins in feed products, and the global surge in the risk of mycotoxin contamination in the livestock feed is leading to the surge in the market and is expected to burgeon in the forecasted period.

Mycotoxin Binders Market Key Developments:
  • In April 2022, Jordan’s Manaseer Group launched a new mineral-based mycotoxin binder called Animax consisting of hydrated sodium aluminosilicate (HSCAS) with 74 different rare earth elements (REE).
  • In November 2021, Avitech Nutrition launched TriSorb – a premium toxin binder for the animal nutrition feed industry to combat mycotoxins using the distinctive ABC principles of Adsorption, Biotransformation, and Colonisation.

Mycotoxin Binders Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.90%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Mycotoxin Binders Market Dynamics

Increase in the incidence of mycotoxin compounds in the animal feed is the key factor attributing the growth of mycotoxin binders market. The rising demand for the protein-rich meat, increased regulations to detect the residues in food and feed ingredients are expected to enhance the mycotoxin binders market. Increasing health consciousness, surge in demand for protein-rich food is another factor influencing the growth of the mycotoxin binders market. However, the stringent government regulations in standardizing the meat source is expected to hamper the growth of mycotoxin binders market.

Key Features of the Reports

  • The mycotoxin binders market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Mycotoxin Binders Market Segmentation

By Product Type
  • Mycotoxin Binders
    • Bentonite
    • Clay
    • Others
  • Mycotoxin Modifiers
    • Enzymes
    • Yeasts
    • Others
By Animal Type
  • Poultry
  • Aquaculture
  • Swine
  • Horses
  • Ruminant
  • Others
By Source
  • Organic
  • Inorganic
By End User
  • Feed Manufacturers
  • Home-mixers
  • Integrators
  • Aquaculture Industry
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Frequently Asked Questions

The key segments covered in the Mycotoxin Binders Market are technology, components, application, and end-users.

The Mycotoxin Binders Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The Mycotoxin Binders Market key players are Nutreco N.V. (Netherlands), Bayer AG (Germany), Novozymes A/S (Denmark), Novus International, Inc. (U.S.), Norel S.A. (Spain), BIOMIN Holding GmbH (Austria), Disseo France SAS (France), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Kemin Industries, Inc. (U.S.), Cargill (U.S.), Alltech (U.S.)

1.Executive Summary
2.Global Mycotoxin Binders Market Introduction 
2.1.Global Mycotoxin Binders Market  - Taxonomy
2.2.Global Mycotoxin Binders Market  - Definitions
2.2.1.Product Type
2.2.2.Animal Type
2.2.3.Source
2.2.4.End User
2.2.5.Region
3.Global Mycotoxin Binders Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Mycotoxin Binders Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Mycotoxin Binders Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Mycotoxin Binders
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Mycotoxin Modifiers
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Mycotoxin Binders Market  By Animal Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Poultry
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Aquaculture
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Swine
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Horses
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Ruminant
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Mycotoxin Binders Market  By Source, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Organic
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Inorganic
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Mycotoxin Binders Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Feed Manufacturers
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Home-mixers
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Integrators
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Aquaculture Industry
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9.Global Mycotoxin Binders Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Mycotoxin Binders Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Mycotoxin Binders
10.1.2.Mycotoxin Modifiers
10.2.  Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Poultry
10.2.2.Aquaculture
10.2.3.Swine
10.2.4.Horses
10.2.5.Ruminant
10.2.6.Others
10.3.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Organic
10.3.2.Inorganic
10.4.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Feed Manufacturers
10.4.2.Home-mixers
10.4.3.Integrators
10.4.4.Aquaculture Industry
10.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Mycotoxin Binders Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Mycotoxin Binders
11.1.2.Mycotoxin Modifiers
11.2.  Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Poultry
11.2.2.Aquaculture
11.2.3.Swine
11.2.4.Horses
11.2.5.Ruminant
11.2.6.Others
11.3.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Organic
11.3.2.Inorganic
11.4.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Feed Manufacturers
11.4.2.Home-mixers
11.4.3.Integrators
11.4.4.Aquaculture Industry
11.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Mycotoxin Binders Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Mycotoxin Binders
12.1.2.Mycotoxin Modifiers
12.2.  Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Poultry
12.2.2.Aquaculture
12.2.3.Swine
12.2.4.Horses
12.2.5.Ruminant
12.2.6.Others
12.3.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Organic
12.3.2.Inorganic
12.4.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Feed Manufacturers
12.4.2.Home-mixers
12.4.3.Integrators
12.4.4.Aquaculture Industry
12.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Mycotoxin Binders Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Mycotoxin Binders
13.1.2.Mycotoxin Modifiers
13.2.  Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Poultry
13.2.2.Aquaculture
13.2.3.Swine
13.2.4.Horses
13.2.5.Ruminant
13.2.6.Others
13.3.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Organic
13.3.2.Inorganic
13.4.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Feed Manufacturers
13.4.2.Home-mixers
13.4.3.Integrators
13.4.4.Aquaculture Industry
13.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Mycotoxin Binders Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
14.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Mycotoxin Binders
14.1.2.Mycotoxin Modifiers
14.2.  Animal Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Poultry
14.2.2.Aquaculture
14.2.3.Swine
14.2.4.Horses
14.2.5.Ruminant
14.2.6.Others
14.3.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Organic
14.3.2.Inorganic
14.4.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Feed Manufacturers
14.4.2.Home-mixers
14.4.3.Integrators
14.4.4.Aquaculture Industry
14.5.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Nutreco N.V (Netherlands)
15.2.2.Bayer AG (Germany)
15.2.3.Novozymes A/S (Denmark)
15.2.4.Novus International, Inc. (U.S)
15.2.5.Norel S.A (Spain)
15.2.6.BIOMIN Holding GmbH (Austria)
15.2.7.Disseo France SAS (France)
15.2.8.BASF SE (Germany)
15.2.9.Archer Daniels Midland Company (U.S)
15.2.10.Kemin Industries, Inc (U.S)
15.2.11.Cargill (U.S)
15.2.12.Alltech (U.S)
16. Research Methodology 
17. Appendix and Abbreviations 
  • Nutreco N.V (Netherlands)
  • Bayer AG (Germany)
  • Novozymes A/S (Denmark)
  • Novus International, Inc. (U.S)
  • Norel S.A (Spain)
  • BIOMIN Holding GmbH (Austria)
  • Disseo France SAS (France)
  • BASF SE (Germany)
  • Archer Daniels Midland Company (U.S)
  • Kemin Industries, Inc (U.S)
  • Cargill (U.S)
  • Alltech (U.S)

Adjacent Markets