- Mycotoxin binders, used to reduce the bioavailability of harmful mycotoxins in animal feed, are increasingly vital components in livestock nutrition strategies due to their role in maintaining animal health, improving feed efficiency, and minimizing economic losses associated with mycotoxicosis
- The escalating demand for mycotoxin binders is primarily fueled by the rising prevalence of mycotoxin contamination in animal feed, increasing global livestock production, and heightened regulatory pressure to ensure feed safety and quality standards across developed and developing markets
- China dominated the mycotoxin binders market with a share of 44.5% in 2024, due to its expansive livestock sector, particularly in swine and poultry production, which faces consistent risk from feed contamination
- India is expected to be the fastest growing region in the mycotoxin binders market with a share of during the forecast period due to the rapid expansion of the poultry and dairy industries, where feed contamination remains a recurring concern
- Livestock segment dominated the market with a market share of 71.9% in 2024, due to the vast scale of feed consumption by poultry, cattle, and swine, which are particularly vulnerable to the effects of mycotoxins. High economic losses associated with livestock health degradation and productivity decline continue to drive significant demand for binders in this segment. Furthermore, regulatory mandates regarding mycotoxin levels in feed are stricter in livestock production, intensifying binder usage
