- 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
- U.S. dominated the mycotoxin binders market with a share of 71.5% in 2024, due to its large-scale industrial livestock production and stringent regulations on feed quality and animal health
- Mexico is expected to be the fastest growing region in the mycotoxin binders market with a share of during the forecast period due to the country’s expanding poultry and swine industries, which are increasingly vulnerable to mycotoxin exposure due to climate-related storage issues and variability in raw feed materials
- Cataract surgery segment dominated the market with a market share of 56.22% in 2024, due to
