Market Size of South America Feed Mycotoxin Detoxifiers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Feed Mycotoxin Detoxifiers Market Analysis
The South America Feed Mycotoxin Detoxifiers Market is projected to register a CAGR of 3.2% during the forecast period 2020-2025. The market growth can be mainly attributed to the expansion of the animal meat market and the subsequent expansion of the compound feed industry. Increased awareness among the farmers about the benefits of mycotoxin detoxifiers is another factor augmenting the growth of the market studied. To protect the animals from the adverse effects like organ damage due to mycotoxin contaminators, mycotoxin detoxifiers are used in animal fodder. They are unique for each mycotoxin and are required to be supplemented in animal feed to counter the harmful effects of mycotoxins.
