Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 607.34 Million | USD 834.97 Million | 3.6% | 2023 |
According to the report published by Zion Market Research, the global Aflatoxicosis Treatment Market size was valued at USD 607.34 Million in 2023 and is predicted to reach USD 834.97 Million by the end of 2032. The market is expected to grow with a CAGR of 3.6% during the forecast period. The report analyzes the global Aflatoxicosis Treatment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Aflatoxicosis Treatment industry.
Toxic metabolites known as mycotoxins are produced by the aspergillus flavours and aspergillus parasiticus. The toxic strains of A.parasiticus and A.flavus produce aflatoxin on the soybeans, corn, peanuts, wheat, and other cereals that are cultivated in the field or during the storage. For the growth of the molds, moisture and high temperature are the favorable conditions. The occurrences of the disease and the toxicity level in the mammals vary depending on the species, nutritional status, sex, age, duration of intake, and the strength of aflatoxin. The problems that are caused by consuming aflatoxins are nausea, abdominal pain, vomiting, convulsions, cerebral edema, pulmonary edema, blood abnormalities such as severe damage to the liver, increased the threat of bleeding of blood out, damage to the heart and kidneys. There is no complete treatment for the aflatoxicosis. Therefore the treatment for aflatoxicosis focuses on the supportive care for heart disease, liver disease, and other aflatoxicosis manifestations.
The market for aflatoxicosis treatment is globally fragmented into its treatment and regions.
Based on the treatment, the global market is segregated into oxygen therapy, antihistamines, antibiotics, immunosuppressants, blood transfusion, and others.
Based on the geographical regions, the market is diversified into North America, the Middle East & Africa, Eastern Europe, Western Europe, Latin America, and Asia Pacific.
The primary factor that is rapidly developing the global aflatoxicosis treatment market is the high exposure of the staple supplies to the contamination that is observed in the overall regions coupled with the system of food storage, production, and marketing. In the developing countries, the shortage of the storage facilities for the staple supplies and the crops leads to the contamination by the fungus such as penicillium and aspergillus is the primary factor that is triggering the aflatoxicosis treatment market. The market growth can be affected negatively due to the inappropriate supply of the immunosuppressive agents and antibiotics as the antigenic determinant that causes the aflatoxicosis can vary and may develop resistance to the method of treatment after a time period.
Report Attributes | Report Details |
---|---|
Report Name | Aflatoxicosis Treatment Market |
Market Size in 2023 | USD 607.34 Million |
Market Forecast in 2032 | USD 834.97 Million |
Growth Rate | CAGR of 3.6% |
Number of Pages | 197 |
Key Companies Covered | Sanofi, Zydus Cadilla, Johnson and Johnson, Pfizer Inc., Abbott Laboratories, Glaxo Smith Kline, and many others |
Segments Covered | By treatment and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional markets that are leading the aflatoxicosis treatment market are Latin America, Asia Pacific, and the Middle East & Africa. The factors that are contributing to the market growth are the evidence of contamination that is present in the food products, which is supported by the human biomarker data, which indicates that most of the population is highly exposed to this illness which can cause death. There are evidences available that both animals and human beings are affected by the aflatoxin if it is not treated. The immunity and nutrition levels are affected.
The key market players that are involved in the aflatoxicosis treatment market include:
The Global Aflatoxicosis Treatment Market is segmented as follows:
By treatment
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