DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific Feed Mycotoxin Detoxifiers Market - Growth, Trends And Forecasts (2016 - 2021)" report to their offering.
The Asia-Pacific feed Mycotoxin market was valued at USD 540 million in 2015 and is expected to mature into a USD 648 million market by 2020 growing at a CAGR of 3.7% during the forecast period. Feed Mycotoxin detoxifiers are used to degrade the toxic substances into non-toxic substances or to reduce the exposure of Mycotoxin in fed to the animals. The end consumers of feed Mycotoxin detoxifiers are compound feed manufacturers, integrators, farmers, home-mixers, livestock and aquaculture industry.
This report has been segmented based on the ingredients, animal type and geography. Binders and Biotransformers are the two key market differentiators, with binders holding a larger market share. Binders are one of the strategies to reduce the exposure of mycotoxins in the feed to decrease the bioavailability in the feed of animals.
On the basis of animal type, poultry mycotoxin detoxifier are the largest segment and account for around 39% of the market share in 2014 and is expected to grow at CAGR of 3.6%. Apart from this Aqua feed and pet are forecasted to be the fastest growing segments, growing at a CAGR of 3.7%. On the basis of geography, China holds the largest and dominating market share followed by Japan, India and other countries. The major players in the market are Bayer, Amlan, Kemin and Others.
- 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.
Key Topics Covered:
2. Key Findings of the Study
3. Market Overview
4. Market Segmentation
5. Competitive Landscape- Feed Additives
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/cgx9r8/asia_pacific_feed