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Europe Feed Mycotoxin Detoxifiers Market Size

The Europe Feed Mycotoxin Detoxifiers Market is experiencing steady growth, driven by the increasing demand for solutions that mitigate the risks posed by mycotoxins in animal feed. Mycotoxin binders dominate the market due to their effectiveness in preventing toxins from affecting animal health. The market's expansion is supported by rising feed production and livestock populations across the region, with significant contributions from countries like Spain, Germany, France, and Russia. The United Kingdom is noted for its rapid growth, attributed to its increasing livestock and feed production.

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Market Size of europe feed mycotoxin detoxifiers Industry

Europe Feed Mycotoxin Detoxifiers Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 514.17 Million
svg icon Market Size (2029) USD 640.12 Million
svg icon Largest Share by Sub Additive Binders
svg icon CAGR (2024 - 2029) 4.48 %
svg icon Largest Share by Country Spain
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Europe Feed Mycotoxin Detoxifiers Market Analysis

The Europe Feed Mycotoxin Detoxifiers Market size is estimated at 514.17 million USD in 2024, and is expected to reach 640.12 million USD by 2029, growing at a CAGR of 4.48% during the forecast period (2024-2029).

514.17 Million

Market Size in 2024 (USD)

640.12 Million

Market Size in 2029 (USD)

2.40 %

CAGR (2017-2023)

4.48 %

CAGR (2024-2029)

Largest Market by Sub-Additive

66.42 %

value share, Binders, 2023

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Binders have the highest demand as they bind the harmful mycotoxins and provide resistance against diseases in animals by stopping toxins from entering the bloodstream.

Largest Market by Country

15.32 %

value share, Spain, 2023

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Increasing awareness of the benefits associated with using mycotoxin and growing feed production helped Spain have the highest demand for mycotoxin detoxifiers.

Fastest-growing Market by Sub-Additive

4.50 %

Projected CAGR, Biotransformers, 2024-2029

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Biotransformers is the fastest-growing segment in the market as they prevent mycotoxin absorption in animal intestines and the breakdown of mycotoxins into fewer toxin molecules.

Fastest-growing Market by Country

5.34 %

Projected CAGR, United Kingdom, 2024-2029

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The United Kingdom is the fastest-growing market due to increased feed production, awareness about mycotoxins detoxifiers, and growing demand for high-quality meat.

Leading Market Player

15.87 %

market share, DSM Nutritional Products AG, 2022

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DSM is the market leader as the company expanded its manufacturing facility in Austria and acquired Biomin Holding to expand its product portfolio of mycotoxin detoxifiers.

  • In the European feed additives market, mycotoxin detoxifiers accounted for 6.2% of the total value in 2022. Among these, binders were the most common type of mycotoxin detoxifiers used in animal nutrition, accounting for 4.1% of the market share value, while biotransformers accounted for 2.1%. The mycotoxin binders market is expected to register a CAGR of 4.5% during the forecast period, reaching a value of USD 313.4 million in 2022. Binders help to prevent mycotoxins from entering the bloodstream and causing diseases and neurological disorders in animals.  
  • In the European feed mycotoxin detoxifiers market, poultry birds had the largest market share value of 34.8% in 2022, followed by swine (32.0%) and ruminants (29.2%). The higher share of poultry birds was due to the region's higher production of poultry feed, which accounted for 37.4% of the total feed production in 2022. The higher feed production is due to increasing meat consumption and the production of poultry birds. Spain was the largest market for feed mycotoxin detoxifiers in Europe, holding a market share of 15.3% in 2022. The country's higher share was due to its higher feed production, accounting for about 12.1% of the total feed production in the region in 2022.
  • The European feed mycotoxin detoxifiers market is estimated to register a CAGR of 4.5% during the forecast period due to the risks of mycotoxins damaging the feed content, the hazardous effects associated with them, and the increased feed production in the region. Binders are likely to continue to dominate the market as the most popular type of mycotoxin detoxifier.
Europe Feed Mycotoxin Detoxifiers Market
  • The European feed mycotoxin detoxifiers market is seeing steady growth due to the increasing demand for mycotoxin detoxifiers in feed. They help reduce the bioavailability of mycotoxins in the gastrointestinal tract of animals. In 2022, feed mycotoxin detoxifiers accounted for 6.2% of the European feed additives market, an increase of 10.4% during 2017-2022.​
  • Mycotoxin binders are the most consumed feed mycotoxin detoxifiers in Europe, with a market share of 66.4%, owing to their effectiveness. However, biotransformers are expected to see a similar growth rate during the forecast period, with a CAGR of 4.5%. They can help reduce microbial spoilage in animal feed and its negative effects.​
  • Spain, Germany, France, and Russia were the major markets for feed mycotoxin detoxifiers in Europe, with a market value of USD 72.1 million, USD 71.7 million, USD 70.4 million, and USD 50.7 million, respectively, in 2022. Spain had the highest market value due to a 2.6% increase in feed production in 2022 compared to the previous year.​
  • The United Kingdom is the fastest-growing country in the European feed mycotoxin detoxifiers market, with a projected CAGR of 5.3% during the forecast period. The growth is attributed to the country's increased livestock population and feed production. The country's feed production increased by 4.7% between 2017 and 2022.​
  • Europe's total feed production was 262.9 million metric tons in 2022, a 2.0% increase from 2017. The growing feed production and livestock population are the major market drivers in the region. Therefore, the market is projected to record a CAGR of 4.5% during the forecast period.​

Europe Feed Mycotoxin Detoxifiers Industry Segmentation Europe Feed Mycotoxin Detoxifiers Industry Segmentation

Binders, Biotransformers are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom are covered as segments by Country.

  • In the European feed additives market, mycotoxin detoxifiers accounted for 6.2% of the total value in 2022. Among these, binders were the most common type of mycotoxin detoxifiers used in animal nutrition, accounting for 4.1% of the market share value, while biotransformers accounted for 2.1%. The mycotoxin binders market is expected to register a CAGR of 4.5% during the forecast period, reaching a value of USD 313.4 million in 2022. Binders help to prevent mycotoxins from entering the bloodstream and causing diseases and neurological disorders in animals.  
  • In the European feed mycotoxin detoxifiers market, poultry birds had the largest market share value of 34.8% in 2022, followed by swine (32.0%) and ruminants (29.2%). The higher share of poultry birds was due to the region's higher production of poultry feed, which accounted for 37.4% of the total feed production in 2022. The higher feed production is due to increasing meat consumption and the production of poultry birds. Spain was the largest market for feed mycotoxin detoxifiers in Europe, holding a market share of 15.3% in 2022. The country's higher share was due to its higher feed production, accounting for about 12.1% of the total feed production in the region in 2022.
  • The European feed mycotoxin detoxifiers market is estimated to register a CAGR of 4.5% during the forecast period due to the risks of mycotoxins damaging the feed content, the hazardous effects associated with them, and the increased feed production in the region. Binders are likely to continue to dominate the market as the most popular type of mycotoxin detoxifier.
Sub Additive
Binders
Biotransformers
Animal
Aquaculture
By Sub Animal
Fish
Shrimp
Other Aquaculture Species
Poultry
By Sub Animal
Broiler
Layer
Other Poultry Birds
Ruminants
By Sub Animal
Beef Cattle
Dairy Cattle
Other Ruminants
Swine
Other Animals
Country
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
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Europe Feed Mycotoxin Detoxifiers Market Size Summary

The European feed mycotoxin detoxifiers market is experiencing steady growth, driven by the increasing demand for these additives to mitigate the risks posed by mycotoxins in animal feed. Mycotoxin detoxifiers play a crucial role in reducing the bioavailability of harmful substances in the gastrointestinal tract of animals, thereby preventing diseases and neurological disorders. Within this market, binders are the most widely used type of detoxifier, accounting for a significant portion of the market share due to their effectiveness in preventing mycotoxins from entering the bloodstream. The poultry sector holds the largest market share, attributed to the region's substantial production of poultry feed, which is driven by rising meat consumption and poultry production. Spain stands out as the largest market within Europe, supported by its high feed production levels.

The market is projected to continue its growth trajectory, with key countries such as the United Kingdom, Germany, France, and Russia contributing significantly to the market value. The United Kingdom is noted as the fastest-growing market, fueled by an increase in livestock population and feed production. The European region's prominence in global poultry meat production and exportation further bolsters the demand for mycotoxin detoxifiers. Additionally, the aquaculture sector is witnessing growth, with compound feed production increasing to meet the rising demand for nutrient-balanced feed. This growth is driven by the expanding aquaculture industry and the increasing per capita consumption of seafood. The market is moderately consolidated, with major players like Adisseo, BASF SE, Brenntag SE, Cargill Inc., and DSM Nutritional Products AG leading the industry.

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Europe Feed Mycotoxin Detoxifiers Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Sub Additive

      1. 1.1.1 Binders

      2. 1.1.2 Biotransformers

    2. 1.2 Animal

      1. 1.2.1 Aquaculture

        1. 1.2.1.1 By Sub Animal

          1. 1.2.1.1.1 Fish

          2. 1.2.1.1.2 Shrimp

          3. 1.2.1.1.3 Other Aquaculture Species

      2. 1.2.2 Poultry

        1. 1.2.2.1 By Sub Animal

          1. 1.2.2.1.1 Broiler

          2. 1.2.2.1.2 Layer

          3. 1.2.2.1.3 Other Poultry Birds

      3. 1.2.3 Ruminants

        1. 1.2.3.1 By Sub Animal

          1. 1.2.3.1.1 Beef Cattle

          2. 1.2.3.1.2 Dairy Cattle

          3. 1.2.3.1.3 Other Ruminants

      4. 1.2.4 Swine

      5. 1.2.5 Other Animals

    3. 1.3 Country

      1. 1.3.1 France

      2. 1.3.2 Germany

      3. 1.3.3 Italy

      4. 1.3.4 Netherlands

      5. 1.3.5 Russia

      6. 1.3.6 Spain

      7. 1.3.7 Turkey

      8. 1.3.8 United Kingdom

      9. 1.3.9 Rest of Europe

Europe Feed Mycotoxin Detoxifiers Market Size FAQs

The Europe Feed Mycotoxin Detoxifiers Market size is expected to reach USD 514.17 million in 2024 and grow at a CAGR of 4.48% to reach USD 640.12 million by 2029.

In 2024, the Europe Feed Mycotoxin Detoxifiers Market size is expected to reach USD 514.17 million.

Feed Mycotoxin Detoxifiers Market in Europe Report Snapshots

Europe Feed Mycotoxin Detoxifiers Market Size & Share Analysis - Growth Trends & Forecasts Up To 2029