Europe Mycotoxin Detoxifiers Market – Growth, Trends, and Forecast (2020 - 2025)

The growth in the mycotoxin detoxifiers market is primarily because of the expansion of the animal meat market in Europe. According to the European Commission's EU Agricultural Outlook of 2018, per capita, meat consumption has increased from 68.4 kg in 2017 to 69.3 kg in 2018. Europe has a high percentage of people that consume meat as an essential part of their diet. Rising disposable income and increased quality meat production is encouraging the market for standard meat and other animal proteins. This is in turn driving the market for mycotoxin detoxifiers in the region.

Mycotoxin binders or adsorbents are substances that bind to mycotoxins and prevent absorption through the gut. The most commonly used mycotoxin binders in the region are aluminosilicate binders, which include clays, bentonites, zeolites, and hydrated sodium calcium aluminosilicate (HSCAS). The aluminosilicate binders are natural, inorganic mycotoxin binders containing a porous structure made of silica that is able to absorb and trap mycotoxins. Bio-transformers are new in the market and are used less as compared to binders because of certain drawbacks. For instance, if some of the intermediate compounds that are formed in this biotransformation remain as residues can be as much or more toxic than the original mycotoxin. Hence, binders are more popular among growers and this trend is likely to continue during the forecast period unless a better alternative is launched in the market.