The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s poultry feed mycotoxin binders and modifiers market report forecasts the poultry feed mycotoxin binders and modifiers market size to grow to $3.53 by 2027, with a CAGR (compound annual growth rate) of more than 3%.

Learn More On The Poultry Feed Mycotoxin Binders And Modifiers Market Report 2023 – https://www.thebusinessresearchcompany.com/report/poultry-feed-mycotoxin-binders-and-modifiers-global-market-report

Poultry Feed Mycotoxin Binders And Modifiers Market Size Forecast
The global poultry feed mycotoxin binders and modifiers market size is expected to grow from $2.90 billion in 2022 to $3.03 billion in 2023 at a compound annual growth rate (CAGR) of 4.74%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global poultry feed mycotoxin binders and modifiers market size is expected to reach $3.53 billion in 2027 at a CAGR of 3.85%.

North America held the largest poultry feed mycotoxin binders and modifiers market share in 2022.

Key Poultry Feed Mycotoxin Binders And Modifiers Market Driver ­– Rise In Meat Consumption
Mycotoxin binders and modifiers in chicken feed help to mitigate the effects of poisonous compounds that can be absorbed by poultry, making it safer to ingest. For example, the Australian Bureau of Agricultural and Resource Economics, a federal research arm of the government based in Australia, issued a paper in 2021 stating that global meat consumption had climbed by 58% over the years, reaching 360 million metric tonnes. For example, according to the United States Department of Agriculture, a US-based federal body, Americans consumed around 227 pounds of meat in 2022, up from 224.9 pounds in 2021. As a result, growing meat consumption will drive the market for mycotoxin binders and modifiers in poultry feed.

Request for A Sample Of The Global Poultry Feed Mycotoxin Binders And Modifiers Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10385&type=smp

Key Poultry Feed Mycotoxin Binders And Modifiers Market Trend – Technological Innovations
To boost their market position, major businesses in the poultry feed mycotoxin binders and modifiers industry have launched new and innovative technologies. For example, Biomin, an Austrian animal health and nutrition firm, will launch ZENzyme, a novel and revolutionary feed additive for mycotoxin risk control, in March 2021. The revolutionary enzymatic biotransformation technique used in the new product directly targets a mycotoxin, detoxifies the fungal metabolite, and protects the animals.

Poultry Feed Mycotoxin Binders And Modifiers Market Segment
1) By Product Type: Mycotoxin Binders, Mycotoxin Modifiers
2) By Source: Organic, Inorganic
3) By Form: Liquid, Dry

Poultry Feed Mycotoxin Binders And Modifiers Market Major Players and Strategies
Major players in the poultry feed mycotoxin binders and modifiers market are Cargill Incorporated, Phibro Animal Health, Perstorp Holding AB, Archer-Daniels-Midland Company, BASF SE, Bayer AG, Amlan International, Impextraco, Norel S.A., Olmix Group, Micron Bio-Systems, Novus International Inc., Trouw Nutrition, Brenntag SE, and Kemin Industries.

Greencoat Limited was acquired by AB Agri, a UK-based animal feed technology and nutrition company, for an undisclosed sum in July 2022. The acquisition enabled AB Agri to grow its animal nutrition and technology companies into new areas, as well as assist with new product sales and marketing. Greencoat Limited is an animal supplement and care firm established in the United Kingdom that offers antioxidant-rich, designed feed products.

The Poultry Feed Mycotoxin Binders And Modifiers Global Market Report 2023 covers regional data on poultry feed mycotoxin binders and modifiers market size, poultry feed mycotoxin binders and modifiers market trends and drivers, opportunities, strategies, and poultry feed mycotoxin binders and modifiers market competitor analysis. The countries covered in the poultry feed mycotoxin binders and modifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Poultry feed mycotoxin binders and modifiers are feed additives that are typically added in modest amounts to poultry feed to trap mycotoxins. They aid in the adsorption of mycotoxins in the gastrointestinal tracts of animals. These are used to protect animals against dangerous mycotoxins that can impair their health.

View More Reports Related To The Poultry Feed Mycotoxin Binders And Modifiers Market –
Poultry Global Market Report 2023
Poultry Brooders, Feeders, And Waterers Global Market Report 2023
Poultry Healthcare Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: