How the safety prospects affecting the Mycotoxin Detoxifiers Market

As far the global livestock industry is concerned, the major loss of production is due to mycotoxin based diseases. Feed contamination due to mycotoxins is a major problem. Mycotoxins are toxic substances produced by fungi or mold. They thrive in feed and field crops such as grass, maize and cereals. The detoxifiers are used to reduce the toxicity levels in the feed affecting by this. This protects the animals from possible health issues that may result due to mycotoxins. Health problems include reduced immunity, loss of appetite, hampering of reproductive capabilities and in some cases even organ failure. Lets look into the future of Mycotoxin Detoxifiers market.

The two main categories of mycotoxin detoxifiers market that are available today are bio-transformers and binders. Both work on different principles. Whereas binder works by decreasing the effect of mycotoxins on the feed, bio-transformers work by degrading the mycotoxins. Binders are designed to easily enter the bloodstream of animals and work from there in reducing the mycotoxin absorption into the blood. This segment has a healthy CAGR of 3.6% and is currently the largest revenue generating segment. The binders may be organic carbon or inorganic silica based in its constituents. On the basis of sheer volume though, clay binder segment has grown to be bigger than binders. But it still generates less revenue as its cheaper and a comparatively more primitive technique.

Looking further into the bio-transformer segment, it is another type of strategy that is used to control the mycotoxins level in animal feed. It works on the principle of increasing feed safety by directly breaking down the mycotoxins rather than reducing their effectiveness like binders do. The destructive nature has no effect on the feed and it preserves the nutrition of the feed while attacking only mycotoxins. An oxygen rich environment is ideal for the breakdown of the toxic substances into harmless by products. Enzymes and yeast are the two main active elements on which bio-transformers are based on. Among the two, enzyme based is more popular and has the bigger market share and the higher growth rate as well.

There is an especially high demand for the market in the European region. This is mainly due to the strict regulations imposed on the same by the European Union. This discourages a large number of entrants into the market. Inspite of this, Europe is still the largest market share generator globally followed by North America and Asia Pacific. The Asia Pacific region is also the fastest growing region and has a lot of untapped potential. The high incidences of disease outbreaks among livestock are the main reason behind the high demand in region. The variations in prices of agricultural products is yet another factor driving the market in the region.

Several factors in short are responsible for the recent growth seen by the mycotoxin industry. And as such there is increased pressure on the industry to cater to the needs of the livestock industry. All these factors combined have led to an increased production of mycotoxin detoxifiers and a call to increase it even more to cope with rising global demand. Whereas markets in North America and Europe are already well developed and matured, there is plenty of scope in developing regions such as Latin America and Asia Pacific.

Check out Market Data Forecast’s comprehensive reports with in-depth analysis about the Feed Mycotoxin Detoxifiers Market a free research sample can also be availed. Stay tuned for trending news stories about the latest technologies and interesting Agriculture tit-bits.

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