Pulished Date October, 2018
ID: 336
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Middle East And Africa Feed Mycotoxin Detoxifiers Market By Type (binders-bentonite, Clays, And Others, Bio Transformers-enzymes, Yeasts, And Others), By Animal Category (ruminant, Poultry, Swine, Aquaculture, Pets, Horses, And Others), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)

Pulished: October, 2018
ID: 336
Pages: 135

Middle east and Africa Feed Mycotoxin Detoxifiers Market was worth USD 120 Million in 2018 and estimated to be growing at a CAGR of 3.4%, to reach USD 140 Million by 2023. The Middle east and Africa feed Mycotoxin Detoxifiers market is developing at a significant rate due to the increase in the livestock population for meat consumption as a source of protein.

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) that are produced by certain moulds. These various mycotoxins contaminate the animal feed and negatively affect animals. These negative 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 negative effects, mycotoxin detoxifiers are used in animal fodder. They are specific for each mycotoxin and are required to be supplemented in animal feed to counter the adverse effects of mycotoxins.

The growth of the Middle East and Africa Feed Mycotoxin Detoxifiers market is majorly driven by factors such as the rise in meat consumption, a better understanding of the usage of mycotoxins detoxifiers among farmers, anddanger of diseases in livestock. Competition for raw materials with other industries and the price volatility of agro-commoditites also restrain the growth of this market.

The Middle East and Africa Feed Mycotoxin Detoxifiers market is segmented based on type and animal category. The market for Feed Mycotoxin Detoxifiers, on the basis of type, is classified into binders and bio transformers. Binders are further sub segmented into bentonite, clays, and others while bio transformers are categorized into enzymes, yeasts, and others. On the basis of Animal category, the Middle East and Africa Feed Mycotoxin Detoxifiers market is segmented into ruminant, poultry, swine, aquaculture, pets, horses, and others. In this category, the poultry segment leads the Middle East and Africa Feed Mycotoxin Detoxifiers market.

The market has been geographically segmented into Middle East and Africa and is predicted to be the fastest-growing market for feed Mycotoxin Detoxifiers market. In terms of revenue, South Africa leads the market in this region. This region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat products and due to the rise in disposable incomes in developing economies, primarily in South Africa. Hence there is a rising need for prevention of contamination of animal feed.

Some of the major companies dominating the market in this region are BASF SE, Cargill, Inc., Alltech, Inc., Novozymes A/S, Chr. Hansen Holding A/S, Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Nutreco N.V., Evonik Industries AG, and Adisseo France SAS.

1. Introduction                 

                1.1 Market Definition    

                1.2 Study Deliverables  

                1.3 Base Currency, Base Year and Forecast Periods           

                1.4 General Study Assumptions

2. Research Methodology                           

                2.1 Introduction              

                2.2 Research Phases      

                                2.2.1 Secondary Research

                                2.2.2 Primary Research

                                2.2.3 Econometric Modelling

                                2.2.4 Expert Validation

                2.3 Analysis Design         

                2.4 Study Timeline          

3. Overview                      

                3.1 Executive Summary

                3.2 Key Inferences         

                3.3 New Developments

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                      

                4.1 Market Drivers          

                4.2 Market Restraints    

                4.3 Key Challenges         

                4.4 Current Opportunities in the Market

5. Market Segmentation                              

                5.1 By Type        

                                5.1.1 Binders

                               

                               

                               

                                5.1.2 Bio transformers

                               

                               

                               

                5.2 By Animal category 

                                5.2.1 Ruminant

                                5.2.2 Poultry

                                5.2.3 Swine

                                5.2.4 Aquaculture

                                5.2.5 Pets

                                5.2.6 Horses

                                5.2.7 Others

6. Geographical Analysis                              

                6.1 Introduction              

                6.2 Middle-East                

                6.3 Africa            

7. Strategic Analysis                       

                7.1 PESTLE analysis         

                                7.1.1 Political

                                7.1.2 Economic

                                7.1.3 Social

                                7.1.4 Technological

                                7.1.5 Legal

                                7.1.6 Environmental

                7.2 Porter’s Five analysis              

                                7.2.1 Bargaining Power of Suppliers

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis                        

                8.1 Alltech Inc. 

                                8.1.1 Overview

                                8.1.2 Product Analysis

                                8.1.3 Strategic Evaluation and Operations

                                8.1.4 Financial analysis

                                8.1.5 Legal issues

                                8.1.6 Recent Developments

                                8.1.7 SWOT analysis

                                8.1.8 Analyst View

                8.2 BASF SE        

                8.3 Cargill Inc.   

                8.4 Novozymes A/S        

                8.5 Chr. Hansen Holding A/S       

                8.6 Archer Daniels Midland Company     

                8.7 Charoen Pokphand Foods Public Company Limited    

                8.8 Nutreco N.V.             

                8.9 Evonik Industries AG              

                8.10 Adisseo France SAS               

9. Competitive Landscape                           

                9.1 Market share analysis            

                9.2 Merger and Acquisition Analysis        

                9.3 Agreements, collaborations and Joint Ventures          

                9.4 New Product Launches          

10. Expert Opinions                        

                10.1 Market Outlook     

                10.2 Investment Opportunities 

Appendix                           

                a) List of Tables

                b) List of Figures              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Middle East & Africa Feed Mycotoxin Detoxifiers Market By Region, From 2018–2023 (USD Million)
  2. Middle East & Africa Feed Mycotoxin Detoxifiers Market By Type, From 2018–2023 (USD Million)
  3. Middle East & Africa Binders Market By Region, From 2018–2023 (USD Million)
  4. Middle East & Africa Bio transformers Market By Region, From 2018–2023 (USD Million)
  5. Middle East & Africa Feed Mycotoxin Detoxifiers Market By Binders, From 2018–2023 (USD Million)
  6. Middle East & Africa Bentonite Market By Region, From 2018–2023 (USD Million)
  7. Middle East & Africa Clays Market By Region, From 2018–2023 (USD Million)
  8. Middle East & Africa Other binders Market By Region, From 2018–2023 (USD Million)
  9. Middle East & Africa Feed Mycotoxin Detoxifiers Market By Bio transformers, From 2018–2023 (USD Million)
  10. Middle East & Africa Enzymes Market By Region, From 2018–2023 (USD Million)
  11. Middle East & Africa Yeasts Market By Region, From 2018–2023 (USD Million)
  12. Middle East & Africa Other Bio transformers Market By Region, From 2018–2023 (USD Million)
  13. Middle East & Africa Feed Mycotoxin Detoxifiers Market By Animal type, From 2018–2023 (USD Million)
  14. Middle East & Africa Ruminant Market By Region, From 2018–2023 (USD Million)
  15. Middle East & Africa Poultry Market By Region, From 2018–2023 (USD Million)
  16. Middle East & Africa Swine Market By Region, From 2018–2023 (USD Million)
  17. Middle East & Africa Aquaculture Market By Region, From 2018–2023 (USD Million)
  18. Middle East & Africa Pets Market By Region, From 2018–2023 (USD Million)
  19. Middle East & Africa Horses Market By Region, From 2018–2023 (USD Million)
  20. Middle East & Africa others Market By Region, From 2018–2023 (USD Million)
  21. Middle East Feed Mycotoxin Detoxifiers Market By Type, From 2018–2023 (USD Million)
  22. Middle East Feed Mycotoxin Detoxifiers Market By Animal type, From 2018–2023 (USD Million)
  23. Middle East Feed Mycotoxin Detoxifiers Market By Binders, From 2018–2023 (USD Million)
  24. Middle East Feed Mycotoxin Detoxifiers Market By Bio transformers, From 2018–2023 (USD Million)
  25. Africa Feed Mycotoxin Detoxifiers Market By Type, From 2018–2023 (USD Million)
  26. Africa Feed Mycotoxin Detoxifiers Market By Animal type, From 2018–2023 (USD Million)
  27. Africa Feed Mycotoxin Detoxifiers Market By Binders, From 2018–2023 (USD Million)
  28. Africa Feed Mycotoxin Detoxifiers Market By Bio transformers, From 2018–2023 (USD Million)

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