DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wkz5sx/global_feed) has announced the addition of the "Global Feed Mycotoxin Detoxifiers market - Growth, Trends And Forecasts (2015-2020)" report to their offering.
The Global Feed Mycotoxin Detoxifiers market was estimated at a value of $1967.8 million in 2015. It is projected to reach $2341.8 million by 2020, at a CAGR of 3.5% during the forecast period from 2015 to 2020.
This market is driven by various factors, such as the increase in the demand of good quality meat by the masses all over the world, rising awareness pertaining to the usage of mycotoxins detoxifiers among farmers, and a greater emphasis on the reduction of animal fodder wastage.
Additionally, the industrialization of the livestock industry also acts as a major driver for this market. Although this market has quite a few substantial drivers, it is still restrained by a few factors, such as the need for specific inactivators for different mycotoxins and the environmental concerns related to inorganic absorbents. In addition to these, the competition for raw materials with other industries and the price volatility of agro-commoditites also restrain the growth of this market.
There are various opportunities in this market, which could be tapped for further growth of the studied market. These opportunities are the rising demand of mycotoxin detoxifiers in the Asia Pacific markets and the rise in the prices of natural feeds.
Key Topics Covered:
2. Key Findings
3. Market Overview
4. Market Segmentation
5. Competitive Landscape Overview
6. Company Profiles
- Alltech Bio-products Co., Ltd.
- AMLAN International
- Bayer Co., Ltd.
- Belgium Impextraco
- Biomin Feed Additive (Shanghai) Co., Ltd.
- Kemin Industries, Inc .
- Omega Biotech Shanghai Co., Ltd.
- Pfizer Animal Health (Zoetis)
Special Nutrients, Inc., USA.
For more information visit http://www.researchandmarkets.com/research/wkz5sx/global_feed