North America 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)

North America 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)

ID: 370 | Pages: 130 | October 2018 | Region: North America


North America Feed Mycotoxin Detoxifiers Market was worth USD 540 Million in 2018 and estimated to be growing at a CAGR of 3.3%, to reach USD 630 Million by 2023. The North America 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 North America Feed Mycotoxin Detoxifiers market is majorly driven by factors such as demand for low-cost meat with superior nutritional value, a better understanding of the usage of mycotoxins detoxifiers among farmers, and the ecological impact of the meat and dairy industry. Technology innovations are also playing a crucial role in the advancement of this industry. Although this market has quite a few substantial drivers, it is still restrained by a few factors, such as the need for specific inactivators for different mycotoxins and the environmental concerns related to inorganic absorbents.

The North America Feed Mycotoxin Detoxifiers market is segmented based on type and animal category. The market for North America 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 North America Feed Mycotoxin Detoxifiers market is segmented into ruminant, poultry, swine, aquaculture, pets, horses, and others. In this category, the poultry segment leads the North America Feed Mycotoxin Detoxifiers market.

The North America market, which has the largest consumer base in the world, has been geographically segmented into USA and Canada. The USA leads the market in this region. The poultry segment is developing as a leading livestock segment for the consumption of feed additives, trailed by swine and cattle, because of the increase in demand for poultry meat, consumer taste predilections. Hence prevention of contamination of animal feed is vital.

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     

                                                5.1.1.1 Bentonite

                                                5.1.1.2 Clays

                                                5.1.1.3 Others

                                5.1.2 Bio transformers  

                                                5.1.2.1 Enzymes

                                                5.1.2.2 Yeasts

                                                5.1.2.3 Others

                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 United States            

                                6.3 Canada         

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
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  1. North America Feed Mycotoxin Detoxifiers Market By Region, From 2018–2023 (USD Million)
  2. North America Feed Mycotoxin Detoxifiers Market By Type, From 2018–2023 (USD Million)
  3. North America Binders Market By Region, From 2018–2023 (USD Million)
  4. North America Bio transformers Market By Region, From 2018–2023 (USD Million)
  5. North America Feed Mycotoxin Detoxifiers Market By Binders, From 2018–2023 (USD Million)
  6. North America Bentonite Market By Region, From 2018–2023 (USD Million)
  7. North America Clays Market By Region, From 2018–2023 (USD Million)
  8. North America Other binders Market By Region, From 2018–2023 (USD Million)
  9. North America Feed Mycotoxin Detoxifiers Market By Bio transformers, From 2018–2023 (USD Million)
  10. North America Enzymes Market By Region, From 2018–2023 (USD Million)
  11. North America Yeasts Market By Region, From 2018–2023 (USD Million)
  12. North America Other Bio transformers Market By Region, From 2018–2023 (USD Million)
  13. North America Feed Mycotoxin Detoxifiers Market By Animal type, From 2018–2023 (USD Million)
  14. North America Ruminant Market By Region, From 2018–2023 (USD Million)
  15. North America Poultry Market By Region, From 2018–2023 (USD Million)
  16. North America Swine Market By Region, From 2018–2023 (USD Million)
  17. North America Aquaculture Market By Region, From 2018–2023 (USD Million)
  18. North America Pets Market By Region, From 2018–2023 (USD Million)
  19. North America Horses Market By Region, From 2018–2023 (USD Million)
  20. North America others Market By Region, From 2018–2023 (USD Million)
  21. United States Feed Mycotoxin Detoxifiers Market By Type, From 2018–2023 (USD Million)
  22. United States Feed Mycotoxin Detoxifiers Market By Animal type, From 2018–2023 (USD Million)
  23. United States Feed Mycotoxin Detoxifiers Market By Binders, From 2018–2023 (USD Million)
  24. United States Feed Mycotoxin Detoxifiers Market By Bio transformers, From 2018–2023 (USD Million)
  25. Canada Feed Mycotoxin Detoxifiers Market By Type, From 2018–2023 (USD Million)
  26. Canada Feed Mycotoxin Detoxifiers Market By Animal type, From 2018–2023 (USD Million)
  27. Canada Feed Mycotoxin Detoxifiers Market By Binders, From 2018–2023 (USD Million)
  28. Canada Feed Mycotoxin Detoxifiers Market By Bio transformers, From 2018–2023 (USD Million)
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