Recent Developments
BASF SE is a German chemical company. It is the second largest producer and marketer of chemicals. It creates chemistry for a sustainable future and enables customers in every industry to meet the current and future needs of society. The company developed feed mycotoxin detoxifiers which prevent the contamination of animal feed. Mycotoxin detoxifiers are a collective group of natural chemicals that are produced by certain molds.

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Market Segmentation:
Market Data Forecast published a report named the Middle East and Africa Feed Mycotoxin Detoxifiers Market. It was worth USD 120 Million in 2018 and estimated to be growing at a CAGR of 3.4%, to reach USD 140 Million by 2023.

Report segmented as:
Type:
• Binders
• Bio transformers
Animal:
• Ruminant
• Poultry
• Swine
• Aquaculture
• Pets
• Horses

Based on the type, the binders segment is anticipated to grow at the highest rate. Under the animal, the poultry segment leads the Middle East and Africa Feed Mycotoxin Detoxifiers market.

Geographical Segmentation
Based on Geography, the Middle East and Africa are segmented into the Middle East and Africa.

Key Market Players:
• BASF SE
• Cargill, Inc.
• Alltech, Inc.
• Novozymes A/S
• Chr. Hansen Holding A/S
• Archer Daniels Midland Company
• Charoen Pokphand Foods Public Company Limited
• Nutreco N.V.
• Evonik Industries AG
• Adisseo France SAS

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The Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed, and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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