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Feed Mycotoxin Detoxifiers Market 2022 | Cargill (US), BASF (Germany), ADM (US), Bayer (Germany), Perstorp (Sweden)

  Market Synopsis According to the MRFR analysis, the global Feed Mycotoxin Detoxifiers market size was valued at around USD 2,336.48 million in 2020 and is expected to reach around USD 3,264.13 million by the end of 2030 at a CAGR of 3.50%. Mycotoxin Detoxification are substances or mixtures of substances that are incorporated into a feed matrix to reduce the animal’s exposure to known mycotoxins, thereby reducing their toxicity. These substances may act to reduce gastrointestinal absorption, decreasing bioavailability, promoting excretion, or altering the mycotoxins’ mode of action. They can also have an impact on these animals’ performance . Feed mycotoxin detoxifiers market is driving owing to growing demand to improve the health and wealth of livestock and to produce maximum livestock performance by livestock farmers. Over 500 mycotoxin strains have been reported globally, including aflatoxins (B1, B2, G1, G2, and M1), ochratoxin A, deoxynivalenol, and fumonisins, which are the m