North America Feed Mycotoxin Detoxifiers Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 596.56 Million |
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Market Size (2029) | USD 791.24 Million |
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Largest Share by Sub Additive | Binders |
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CAGR (2024 - 2029) | 5.81 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
North America Feed Mycotoxin Detoxifiers Market Analysis
The North America Feed Mycotoxin Detoxifiers Market size is estimated at 596.56 million USD in 2024, and is expected to reach 791.24 million USD by 2029, growing at a CAGR of 5.81% during the forecast period (2024-2029).
596.56 Million
Market Size in 2024 (USD)
791.24 Million
Market Size in 2029 (USD)
6.89 %
CAGR (2017-2023)
5.81 %
CAGR (2024-2029)
Largest Market by Sub-Additive
68.40 %
value share, Binders, 2023
Binders is the largest segment as binders promote increased consumption of meat and dairy products, provide resistance against diseases, and reduce veterinary costs.
Largest Market by Country
70.30 %
value share, United States, 2023
The United States is considered the largest market for mycotoxin detoxifiers as the rising demand for meat and increasing awareness of healthy diets in animal feeds are increasing their usage in feed.
Fastest-growing Market by Sub-Additive
5.82 %
Projected CAGR, Biotransformers, 2024-2029
Biotransformers is the fastest-growing segment in the market due to increased awareness of preventing mycotoxin absorption and preserving nutritional properties.
Fastest-growing Market by Country
6.24 %
Projected CAGR, United States, 2024-2029
The United States experiences the fastest growth due to increased awareness about feed additives and the demand for meat (poultry, pork, and dairy products).
Leading Market Player
10.71 %
market share, DSM Nutritional Products AG, 2022
DSM Nutritional Products AG is the market leader because of its acquisition strategy, where it acquired a major mycotoxin detoxifier manufacturer, Biomin, to increase its product portfolio.
- The mycotoxin detoxifiers market is a significant segment of the North American feed additives market. Mycotoxin detoxifiers play a vital role in detoxifying harmful mycotoxin molds present in animal feed, especially grains, resulting in resistance to neurological disorders and diseases in animals.
- In 2022, mycotoxin detoxifiers accounted for 6.2% of the total feed sub-additives market in North America. Among all mycotoxin detoxifiers, binders were the most significant mycotoxin detoxifiers in terms of market value in 2022, accounting for almost USD 0.4 billion. Binders prevent mycotoxins from entering the bloodstream of animals and prevent diseases and neurological disorders.
- In North America, the United States had the largest share of the feed mycotoxin detoxifiers market, accounting for 70% of the share in terms of value in 2022. This higher share can be attributed to the increasing demand for meat and dairy products in the country and higher feed production.
- Poultry birds were the largest segment in 2022, accounting for 50.4% of the market. Ruminants were the second-largest animal type in the region, with a share of 27.3% in 2022. The higher share of poultry birds and ruminants can be attributed to the higher consumption of cereals and grains, which pose a higher risk of mycotoxin infection.
- The United States was the fastest-growing mycotoxin detoxifier market in the region, and it is expected to register a CAGR of 6.2% during the forecast period. The growth of the market is associated with an increase in feed production and the growing poultry meat market.
- Thus, the market is expected to grow during the forecast period due to the high animal population and the growing meat industry.
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- The North American animal feed industry saw an increase in the demand for feed additives, especially mycotoxin detoxifiers, due to the rising demand for meat and dairy products. In 2022, mycotoxin detoxifiers accounted for 6.2% of the North American feed additives market, with a market value of USD 0.5 billion. Among all animal types, poultry birds were the largest users of mycotoxin detoxifiers, accounting for 50.4% of the North American mycotoxin detoxifiers market, followed by ruminants and swine, with a market share of 27.2% and 19.9%, respectively.
- In 2022, binders held the majority of the region's mycotoxin detoxifiers market, accounting for 68.0%, due to their effective benefits. Biotransformers accounted for 32% of the region's feed mycotoxin detoxifiers market. The United States held the largest share of the region's mycotoxin detoxifiers market in 2022, occupying a share of 70%, followed by Mexico, with a share of 14%. This higher share was due to the higher feed production in these countries.
- The United States was also the fastest-growing country in the region's feed mycotoxin detoxifiers market. It is expected to record a CAGR of 6.2% during the forecast period. The higher growth rate was due to increasing awareness about the usage of feed additives and the increasing demand for meat, especially poultry and pork, and dairy products in the country.
- The North American feed mycotoxin detoxifiers market is estimated to record a CAGR of 5.8% during the forecast period, which is expected to continue due to the increased demand for quality feeds and the increasing purchasing power of consumers in the region.
North America Feed Mycotoxin Detoxifiers Market Trends
Higher consumption of poultry meat than red meat and the United States is globally largest producer of eggs and poultry meat is driving the demand for poultry production
- The North American poultry industry has experienced significant growth over the last five years, with the poultry headcount increasing by 5.0% from 2017 to 2022. This growth is largely due to the increasing demand for poultry meat and other poultry products. The United States dominates the North American poultry industry as the world's largest producer and second-largest exporter of poultry meat, as well as a major egg producer. The United States accounted for 62.0% of the region's total poultry production in 2022. The high-profit margin in the industry is attracting new poultry producers, leading to an increase in the number of producers in the region. For example, the number of egg producers in Canada has increased from 1,062 in 2016 to 1,205 in 2021.
- Poultry birds, especially broiler meat, are produced in large quantities due to their quick maturity and market weight, which is faster than other livestock. Poultry birds, including broilers, can be raised in small spaces, making it possible for producers to raise poultry in a variety of environments, including small plots of land. These advantages make poultry production more feasible, and as a result, Mexican poultry production increased by 12% in 2022 from the previous year.
- Poultry meat consumption is significantly higher than that of beef or pork. More people are choosing poultry as a leaner, healthier source of protein due to the rising health risks linked to eating red meat. This trend is expected to continue, driving the growth of the poultry industry in the region. The increasing demand for poultry products from both domestic and international markets and rising poultry production are expected to further drive the growth of the market during the forecast period.
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Expansion of retail industry, and demand for high-quality seafood is increasing the demand for macro-nutrients and micro-nutrients rich aquaculture feed
- Aquaculture feed production in North America accounts for a small fraction of global production, representing only 3.8% in 2022. However, the demand for diverse seafood products is driving local production, and feed production has grown by 9.2% between 2017 and 2022. In response to the increasing demand for nutritionally balanced feed, feed millers in the region are expected to increase production from 2.2 million metric ton in 2022 to 2.6 million metric ton in 2029. The compound feed offered to aquaculture species contains the macro- and micronutrients needed for healthy growth under intensive rearing conditions, which is contributing to the increased demand for aquaculture feed in the region.
- Fish, which accounted for 73.2% of feed production in 2022, is the most prominent species in terms of feed production. The rising awareness of the health benefits of fish in the human diet, changing food consumption patterns, the expansion of the retail sector, and high demand in the international market are contributing to the growth of fish production in the region. Fish feed production is expected to increase from 1.6 million metric ton in 2022 to 1.9 million metric ton in 2029 as producers focus on nutritional management to ensure the health and performance of their animals.
- Canada's aquaculture producers spent USD 393.8 million on feed in 2020, a 6.6% increase from 2016, demonstrating the increasing demand for high-quality aquatic food. Overall, the increasing demand for diverse seafood products and the need for nutritionally balanced feed for aquaculture species are expected to drive the growth of aquaculture feed production in North America in the coming years.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Ruminants population is increasing due to high export potential of beef for food processing industries and the United States account for 54.9% of region's population
- North America is second largest global poultry feed producer with the rising profitability of broiler chicken production and increased demand for poultry products such as meat and eggs
- The United States being a significant producer of swine feed and compound feed producers investing to increase production are expected to drive the growth of swine feed production
- The United States dominating the swine population and Canada being third largest exporter of live pigs and pork will help in increasing the swine population to meet the demand for protein rich-meat
- High demand for nutrition rich feed for high yield and increased beef cattle production are driving the demand for ruminants compound feed
North America Feed Mycotoxin Detoxifiers Industry Overview
The North America Feed Mycotoxin Detoxifiers Market is fragmented, with the top five companies occupying 30.85%. The major players in this market are Adisseo, Alltech, Inc., Brenntag SE, Cargill Inc. and DSM Nutritional Products AG (sorted alphabetically).
North America Feed Mycotoxin Detoxifiers Market Leaders
Adisseo
Alltech, Inc.
Brenntag SE
Cargill Inc.
DSM Nutritional Products AG
Other important companies include BASF SE, Biovet S.A., Kemin Industries, SHV (Nutreco NV), Special Nutrients.
*Disclaimer: Major Players sorted in alphabetical order.
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North America Feed Mycotoxin Detoxifiers Market News
- November 2022: Kemin Industries introduced Toxfin Care, a solution that protects feed from mycotoxins. It strengthens the immune system, protects organs, and prevents loss of performance and productivity.
- June 2022: Brenntag established a new office in the United States to operate in North and South American markets. The new corporate office will combine the many functional teams and boost innovation.
- May 2022: Kemin Industries has opened new offices and a distribution center in Mexico to serve Kemin Animal Nutrition by providing the highest-quality services and customized solutions.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 35+ free charts, the section covers difficult-to-find data of various regions on feed production through various animal categories such as Ruminants, Poultry, Swine, and Aquaculture.
North America Feed Mycotoxin Detoxifiers Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Animal Headcount
2.1.1. Poultry
2.1.2. Ruminants
2.1.3. Swine
2.2. Feed Production
2.2.1. Aquaculture
2.2.2. Poultry
2.2.3. Ruminants
2.2.4. Swine
2.3. Regulatory Framework
2.3.1. Canada
2.3.2. Mexico
2.3.3. United States
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
3.1. Sub Additive
3.1.1. Binders
3.1.2. Biotransformers
3.2. Animal
3.2.1. Aquaculture
3.2.1.1. By Sub Animal
3.2.1.1.1. Fish
3.2.1.1.2. Shrimp
3.2.1.1.3. Other Aquaculture Species
3.2.2. Poultry
3.2.2.1. By Sub Animal
3.2.2.1.1. Broiler
3.2.2.1.2. Layer
3.2.2.1.3. Other Poultry Birds
3.2.3. Ruminants
3.2.3.1. By Sub Animal
3.2.3.1.1. Beef Cattle
3.2.3.1.2. Dairy Cattle
3.2.3.1.3. Other Ruminants
3.2.4. Swine
3.2.5. Other Animals
3.3. Country
3.3.1. Canada
3.3.2. Mexico
3.3.3. United States
3.3.4. Rest of North America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
4.4.1. Adisseo
4.4.2. Alltech, Inc.
4.4.3. BASF SE
4.4.4. Biovet S.A.
4.4.5. Brenntag SE
4.4.6. Cargill Inc.
4.4.7. DSM Nutritional Products AG
4.4.8. Kemin Industries
4.4.9. SHV (Nutreco NV)
4.4.10. Special Nutrients
5. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Global Market Size and DROs
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF POULTRY, NUMBER, NORTH AMERICA, 2017-2022
- Figure 2:
- POPULATION OF RUMINANTS, NUMBER, NORTH AMERICA, 2017-2022
- Figure 3:
- POPULATION OF SWINE, NUMBER, NORTH AMERICA, 2017-2022
- Figure 4:
- PRODUCTION VOLUME OF AQUACULTURE FEED, METRIC TON, NORTH AMERICA, 2017-2022
- Figure 5:
- PRODUCTION VOLUME OF POULTRY FEED, METRIC TON, NORTH AMERICA, 2017-2022
- Figure 6:
- PRODUCTION VOLUME OF RUMINANTS FEED, METRIC TON, NORTH AMERICA, 2017-2022
- Figure 7:
- PRODUCTION VOLUME OF SWINE FEED, METRIC TON, NORTH AMERICA, 2017-2022
- Figure 8:
- VOLUME OF FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 9:
- VALUE OF FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 10:
- VOLUME OF FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 11:
- VALUE OF FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, USD, NORTH AMERICA, 2017 - 2029
- Figure 12:
- VOLUME SHARE OF FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 13:
- VALUE SHARE OF FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 14:
- VOLUME OF BINDERS FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 15:
- VALUE OF BINDERS FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 16:
- VALUE SHARE OF BINDERS FEED MYCOTOXIN DETOXIFIERS BY ANIMAL TYPE, %, NORTH AMERICA, 2022 AND 2029
- Figure 17:
- VOLUME OF BIOTRANSFORMERS FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 18:
- VALUE OF BIOTRANSFORMERS FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 19:
- VALUE SHARE OF BIOTRANSFORMERS FEED MYCOTOXIN DETOXIFIERS BY ANIMAL TYPE, %, NORTH AMERICA, 2022 AND 2029
- Figure 20:
- VOLUME OF FEED MYCOTOXIN DETOXIFIERS BY ANIMAL TYPE, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 21:
- VALUE OF FEED MYCOTOXIN DETOXIFIERS BY ANIMAL TYPE, USD, NORTH AMERICA, 2017 - 2029
- Figure 22:
- VOLUME SHARE OF FEED MYCOTOXIN DETOXIFIERS BY ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 23:
- VALUE SHARE OF FEED MYCOTOXIN DETOXIFIERS BY ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 24:
- VOLUME OF AQUACULTURE FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 25:
- VALUE OF AQUACULTURE FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, USD, NORTH AMERICA, 2017 - 2029
- Figure 26:
- VOLUME SHARE OF AQUACULTURE FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 27:
- VALUE SHARE OF AQUACULTURE FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 28:
- VOLUME OF FISH FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 29:
- VALUE OF FISH FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 30:
- VALUE SHARE OF FISH FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 31:
- VOLUME OF SHRIMP FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 32:
- VALUE OF SHRIMP FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 33:
- VALUE SHARE OF SHRIMP FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 34:
- VOLUME OF OTHER AQUACULTURE SPECIES FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 35:
- VALUE OF OTHER AQUACULTURE SPECIES FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 36:
- VALUE SHARE OF OTHER AQUACULTURE SPECIES FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 37:
- VOLUME OF POULTRY FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 38:
- VALUE OF POULTRY FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, USD, NORTH AMERICA, 2017 - 2029
- Figure 39:
- VOLUME SHARE OF POULTRY FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 40:
- VALUE SHARE OF POULTRY FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 41:
- VOLUME OF BROILER FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 42:
- VALUE OF BROILER FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 43:
- VALUE SHARE OF BROILER FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 44:
- VOLUME OF LAYER FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 45:
- VALUE OF LAYER FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 46:
- VALUE SHARE OF LAYER FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 47:
- VOLUME OF OTHER POULTRY BIRDS FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 48:
- VALUE OF OTHER POULTRY BIRDS FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 49:
- VALUE SHARE OF OTHER POULTRY BIRDS FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 50:
- VOLUME OF RUMINANTS FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 51:
- VALUE OF RUMINANTS FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, USD, NORTH AMERICA, 2017 - 2029
- Figure 52:
- VOLUME SHARE OF RUMINANTS FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 53:
- VALUE SHARE OF RUMINANTS FEED MYCOTOXIN DETOXIFIERS BY SUB ANIMAL TYPE, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 54:
- VOLUME OF BEEF CATTLE FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 55:
- VALUE OF BEEF CATTLE FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 56:
- VALUE SHARE OF BEEF CATTLE FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 57:
- VOLUME OF DAIRY CATTLE FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 58:
- VALUE OF DAIRY CATTLE FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 59:
- VALUE SHARE OF DAIRY CATTLE FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 60:
- VOLUME OF OTHER RUMINANTS FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 61:
- VALUE OF OTHER RUMINANTS FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 62:
- VALUE SHARE OF OTHER RUMINANTS FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 63:
- VOLUME OF SWINE FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 64:
- VALUE OF SWINE FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 65:
- VALUE SHARE OF SWINE FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 66:
- VOLUME OF OTHER ANIMALS FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 67:
- VALUE OF OTHER ANIMALS FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 68:
- VALUE SHARE OF OTHER ANIMALS FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 69:
- VOLUME OF FEED MYCOTOXIN DETOXIFIERS BY COUNTRY, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 70:
- VALUE OF FEED MYCOTOXIN DETOXIFIERS BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 71:
- VOLUME SHARE OF FEED MYCOTOXIN DETOXIFIERS BY COUNTRY, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 72:
- VALUE SHARE OF FEED MYCOTOXIN DETOXIFIERS BY COUNTRY, %, NORTH AMERICA, 2017,2023 AND 2029
- Figure 73:
- VOLUME OF CANADA FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 74:
- VALUE OF CANADA FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 75:
- VALUE SHARE OF CANADA FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 76:
- VOLUME OF MEXICO FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 77:
- VALUE OF MEXICO FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 78:
- VALUE SHARE OF MEXICO FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 79:
- VOLUME OF UNITED STATES FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 80:
- VALUE OF UNITED STATES FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 81:
- VALUE SHARE OF UNITED STATES FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 82:
- VOLUME OF REST OF NORTH AMERICA FEED MYCOTOXIN DETOXIFIERS, METRIC TON, NORTH AMERICA, 2017 - 2029
- Figure 83:
- VALUE OF REST OF NORTH AMERICA FEED MYCOTOXIN DETOXIFIERS, USD, NORTH AMERICA, 2017 - 2029
- Figure 84:
- VALUE SHARE OF REST OF NORTH AMERICA FEED MYCOTOXIN DETOXIFIERS BY SUB ADDITIVE CATEGORIES, %, NORTH AMERICA, 2022 AND 2029
- Figure 85:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017 - 2023
- Figure 86:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2023
- Figure 87:
- VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA, 2022
North America Feed Mycotoxin Detoxifiers Industry Segmentation
Binders, Biotransformers are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Canada, Mexico, United States are covered as segments by Country.
- The mycotoxin detoxifiers market is a significant segment of the North American feed additives market. Mycotoxin detoxifiers play a vital role in detoxifying harmful mycotoxin molds present in animal feed, especially grains, resulting in resistance to neurological disorders and diseases in animals.
- In 2022, mycotoxin detoxifiers accounted for 6.2% of the total feed sub-additives market in North America. Among all mycotoxin detoxifiers, binders were the most significant mycotoxin detoxifiers in terms of market value in 2022, accounting for almost USD 0.4 billion. Binders prevent mycotoxins from entering the bloodstream of animals and prevent diseases and neurological disorders.
- In North America, the United States had the largest share of the feed mycotoxin detoxifiers market, accounting for 70% of the share in terms of value in 2022. This higher share can be attributed to the increasing demand for meat and dairy products in the country and higher feed production.
- Poultry birds were the largest segment in 2022, accounting for 50.4% of the market. Ruminants were the second-largest animal type in the region, with a share of 27.3% in 2022. The higher share of poultry birds and ruminants can be attributed to the higher consumption of cereals and grains, which pose a higher risk of mycotoxin infection.
- The United States was the fastest-growing mycotoxin detoxifier market in the region, and it is expected to register a CAGR of 6.2% during the forecast period. The growth of the market is associated with an increase in feed production and the growing poultry meat market.
- Thus, the market is expected to grow during the forecast period due to the high animal population and the growing meat industry.
| Sub Additive | |
| Binders | |
| Biotransformers |
| Animal | |||||||
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| Swine | |||||||
| Other Animals |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
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Market Definition
- FUNCTIONS - For the study, feed additives are considered to be commercially manufactured products that are used to enhance characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
- RESELLERS - Companies engaged in reselling feed additives without value addition have been excluded from the market scope, to avoid double counting.
- END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
- INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
| Keyword | Definition |
|---|---|
| Feed additives | Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health. |
| Probiotics | Probiotics are microorganisms introduced into the body for their beneficial qualities. (It maintains or restores beneficial bacteria to the gut). |
| Antibiotics | Antibiotic is a drug that is specifically used to inhibit the growth of bacteria. |
| Prebiotics | A non-digestible food ingredient that promotes the growth of beneficial microorganisms in the intestines. |
| Antioxidants | Antioxidants are compounds that inhibit oxidation, a chemical reaction that produces free radicals. |
| Phytogenics | Phytogenics are a group of natural and non-antibiotic growth promoters derived from herbs, spices, essential oils, and oleoresins. |
| Vitamins | Vitamins are organic compounds, which are required for normal growth and maintenance of the body. |
| Metabolism | A chemical process that occurs within a living organism in order to maintain life. |
| Amino acids | Amino acids are the building blocks of proteins and play an important role in metabolic pathways. |
| Enzymes | Enzyme is a substance that acts as a catalyst to bring about a specific biochemical reaction. |
| Anti-microbial resistance | The ability of a microorganism to resist the effects of an antimicrobial agent. |
| Anti-microbial | Destroying or inhibiting the growth of microorganisms. |
| Osmotic balance | It is a process of maintaining salt and water balance across membranes within the body's fluids. |
| Bacteriocin | Bacteriocins are the toxins produced by bacteria to inhibit the growth of similar or closely related bacterial strains. |
| Biohydrogenation | It is a process that occurs in the rumen of an animal in which bacteria convert unsaturated fatty acids (USFA) to saturated fatty acids (SFA). |
| Oxidative rancidity | It is a reaction of fatty acids with oxygen, which generally causes unpleasant odors in animals. To prevent these, antioxidants were added. |
| Mycotoxicosis | Any condition or disease caused by fungal toxins, mainly due to contamination of animal feed with mycotoxins. |
| Mycotoxins | Mycotoxins are toxin compounds that are naturally produced by certain types of molds (fungi). |
| Feed Probiotics | Microbial feed supplements positively affect gastrointestinal microbial balance. |
| Probiotic yeast | Feed yeast (single-cell fungi) and other fungi used as probiotics. |
| Feed enzymes | They are used to supplement digestive enzymes in an animal’s stomach to break down food. Enzymes also ensure that meat and egg production is improved. |
| Mycotoxin detoxifiers | They are used to prevent fungal growth and to stop any harmful mold from being absorbed in the gut and blood. |
| Feed antibiotics | They are used both for the prevention and treatment of diseases but also for rapid growth and development. |
| Feed antioxidants | They are used to protect the deterioration of other feed nutrients in the feed such as fats, vitamins, pigments, and flavoring agents, thus providing nutrient security to the animals. |
| Feed phytogenics | Phytogenics are natural substances, added to livestock feed to promote growth, aid in digestion, and act as anti-microbial agents. |
| Feed vitamins | They are used to maintain the normal physiological function and normal growth and development of animals. |
| Feed flavors and sweetners | These flavors and sweeteners help to mask tastes and odors during changes in additives or medications and make them ideal for animal diets undergoing transition. |
| Feed acidifiers | Animal feed acidifiers are organic acids incorporated into the feed for nutritional or preservative purposes. Acidifiers enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. |
| Feed minerals | Feed minerals play an important role in the regular dietary requirements of animal feed. |
| Feed binders | Feed binders are the binding agents used in the manufacture of safe animal feed products. It enhances the taste of food and prolongs the storage period of the feed. |
| Key Terms | Abbreviation |
| LSDV | Lumpy Skin Disease Virus |
| ASF | African Swine Fever |
| GPA | Growth Promoter Antibiotics |
| NSP | Non-Starch Polysaccharides |
| PUFA | Polyunsaturated Fatty Acid |
| Afs | Aflatoxins |
| AGP | Antibiotic Growth Promoters |
| FAO | The Food And Agriculture Organization of the United Nations |
| USDA | The United States Department of Agriculture |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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