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North America Feed Mycotoxin Detoxifiers Market Size

The North America Feed Mycotoxin Detoxifiers Market is a crucial segment of the feed additives industry, with its market size reflecting significant growth due to rising demand for meat and dairy products. Mycotoxin detoxifiers, particularly binders, play an essential role in preventing harmful molds in animal feed, thereby protecting animal health. The United States holds the largest market share, driven by increased feed production and consumption of cereals, which are susceptible to mycotoxin contamination. The market's expansion is further supported by the growing awareness of feed additives and the need for quality feeds, indicating a robust growth trajectory in the region.

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Market Size of north america feed mycotoxin detoxifiers Industry

North America Feed Mycotoxin Detoxifiers Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 596.56 Million
svg icon Market Size (2029) USD 791.24 Million
svg icon Largest Share by Sub Additive Binders
svg icon CAGR (2024 - 2029) 5.81 %
svg icon Largest Share by Country United States
svg icon Market Concentration Low

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

Key Players

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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

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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

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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

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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

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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

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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.
North America Feed Mycotoxin Detoxifiers Market
  • 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 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
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
Canada
Mexico
United States
Rest of North America
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North America Feed Mycotoxin Detoxifiers Market Size Summary

The North America Feed Mycotoxin Detoxifiers Market is a crucial component of the region's feed additives industry, focusing on eliminating harmful mycotoxins in animal feed, particularly grains. These detoxifiers are essential for preventing neurological disorders and diseases in animals, thereby supporting the health and productivity of livestock. The market is characterized by a significant demand for binders, which are the most valued detoxifiers, as they effectively prevent mycotoxins from entering the animal's bloodstream. The United States dominates this market, driven by its substantial meat and dairy product consumption and high feed production levels. The poultry sector is the largest consumer of these detoxifiers, reflecting the high risk of mycotoxin infection due to their grain-heavy diet. The market is poised for growth, supported by the increasing animal population and the expanding meat industry in the region.

The market's expansion is further bolstered by the rising demand for quality feeds and the growing purchasing power of consumers in North America. The poultry industry, in particular, has seen significant growth, with the United States leading as the largest producer of poultry meat and a major egg producer. This growth is attributed to the increasing preference for poultry as a healthier protein source, which is expected to continue driving the market. Additionally, the aquaculture sector, though a smaller fraction of the overall feed production, is experiencing increased demand for nutritionally balanced feed, particularly for fish, which dominates the feed production landscape. The market is fragmented, with key players like Adisseo, Alltech, Inc., Brenntag SE, Cargill Inc., and DSM Nutritional Products AG playing significant roles in shaping its dynamics.

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North America 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 Canada

      2. 1.3.2 Mexico

      3. 1.3.3 United States

      4. 1.3.4 Rest of North America

North America Feed Mycotoxin Detoxifiers Market Size FAQs

The North America Feed Mycotoxin Detoxifiers Market size is expected to reach USD 596.56 million in 2024 and grow at a CAGR of 5.81% to reach USD 791.24 million by 2029.

In 2024, the North America Feed Mycotoxin Detoxifiers Market size is expected to reach USD 596.56 million.

North America Feed Mycotoxin Detoxifiers Market Report Snapshots

North America Feed Mycotoxin Detoxifiers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029