Global Feed Mycotoxin Detoxifiers market - Growth, Trends and Forecasts 2021
According to the report Global Feed Mycotoxin Detoxifiers Market", published by Market Data Forecast, the global market is projected to reach USD $2.27 Billion by 2020, at a CAGR of 3.60% from 2017 to 2021.
Mycotoxin detoxifiers, when used in animal feed, prevent the contamination of feed by mycotoxins, which are a collective group of natural chemicals that are produced by certain moulds. These various mycotoxins contaminate the animal feed and negatively affect the animals
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Agriculture is a sector with enormous innovations and developments combining with the technology. Rise in global meat consumption, a better understanding of the usage of mycotoxins detoxifiers among farmers, technological innovations in the industry,and the ecological impact of the meat and dairy industryare the key drivers for the growth of the global Feed Mycotoxin detoxifiers market. Another major factor driving the growth of the market is the demand for low-cost meat with superior nutritional value throughout the globe.
1) Based on Type:
2) Based on Animal category:
3) Geographical Segmentation:
Middle East and Africa
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The major companies operating in the global Feed Mycotoxin detoxifiers market are BASF SE, Cargill, Inc., Alltech, Inc., Novozymes A/S, Chr. Hansen Holding A/S, Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Nutreco N.V., Evonik Industries AG, and Adisseo France SAS.
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