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“Data Bridge Market research has recently published the comprehensive business research on Global Butyric Acid for Animal Feed Market includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Butyric Acid for Animal Feed Market analysis report covers detailed value chain analysis of the market.
Butyric Acid for Animal Feed Market business report provides exact information about market trends, industrial changes, and consumer behaviour etc. The report assists in outlining brand awareness, market landscape, possible future issues, industry trends and customer behaviour about industry which eventually leads to advanced business strategies. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. The Butyric Acid for Animal Feed Market business report has been framed with the proper use of tools like SWOT analysis and Porter’s Five Forces analysis methods.
Data Bridge Market Research analyses that the butyric acid for animal feed market was valued at USD 2335.85 million in 2022 and is expected to reach USD 5080.40 million by 2030, registering a CAGR of 10.20% during the forecast period of 2023 to 2030.
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Market Definition
Butyric acid is a low-carbon unsaturated fat chain that is mainly found in sheep, goat and bison milk. Butyric acid is also known as butanoic acid. It is freed from the glyceride which is present in different milk products. Butyric acid has a disagreeable scent. It is free from cheddar and foul spread by hydrolysis measure. Butyric acid primarily aids in increasing overall health and helps in getting rid from numerous diseases.
Global Butyric Acid for Animal Feed Market Dynamics
Drivers
- Rising demand for nutritious animal feed
The increased demand for nutritious animal feed globally has led to substantial growth of the butyric acid for animal feed market. The increase in demand and production for several animal feed is anticipated to be the main driver for use of butyric acid derivatives as additives for animal feed. The ever-growing poultry industry is creating stable revenue growth for manufacturers of butyric acid for animal feed. This is obvious that chicken is the second-most consumed meat type all over the world.
- Benefits associated with butyric acid for animal feed
Rapid growth of the meat industry, against the backdrop of increasing consumer demand for high-protein foods such as meat, milk and eggs, is driving the demand for high-quality animal feed such as butyric acid from bovine, poultry, swine and aquaculture industries. Thus, driving demand for animal feed additives such as feed amino acids, vitamins and minerals, feed enzymes, feed antibacterial, and feed acidifiers are expected to boost the growth rate of the market.
Opportunities
- Increasing development in butyric acid based feed additives market
In last few years, butyric acid has been used in the feed sector to gut animal performance. Numerous new generations have been introduced to increase the performance and handling of the product. The recent development in butyric acid-based feed additives is the development of ProPhorc SR, a glycerol esters of butyric acid. This butyric acid can naturally be found in honey and milk. They are most effective source of protected butyric acid with up to 85% concentration of butyric acid. Glycerol has space to have three molecules of butyric acid attached to it through so called ‘ester bonds'. Thus, this development will create immense opportunities for the market growth during the forecast period,
Butyric Acid for Animal Feed Market Regional Analysis/Insights
North America dominates the butyric acid for animal feed market in terms of revenue and market share due to health benefits that resist diseases. Moreover, the growing demand for butyric acid increases the demand for butyric acid for animal feed in the market.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 due to increasing consumer business development and awareness. China is leading the growth of the butyric acid for animal feed market due to increasing demand of the animal feed in this region.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Butyric Acid for Animal Feed Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Butyric Acid for Animal Feed Market.
Table of Content:
Section 01: Executive Summary
Section 02: Scope of The Report
Section 03: Research Methodology
Section 04: Introduction
Section 05: Market Landscape
Section 06: Market Sizing
Section 07: Five Forces Analysis
Section 08: Market Segmentation by Product
Section 09: Market Segmentation by Application
Section 10: Customer Landscape
Section 11: Market Segmentation by End-User
Section 12: Regional Landscape
Section 13: Decision Framework
Section 14: Drivers and Challenges
Section 15: Market Trends
Section 16: Competitive Landscape
Section 17: Company Profiles
Section 18: Appendix
The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
This study answers to the below key questions:
- What are the key factors driving the Butyric Acid for Animal Feed Market?
- What are the challenges to market growth?
- Who are the key players in the Butyric Acid for Animal Feed Market?
- What are the market opportunities and threats faced by the key players?
Some of the major players operating in the butyric acid for animal feed market are:
- Eastman Chemical Company (U.S.)
- Thermo Fisher Scientific (U.S.)
- DSM (Netherlands)
- Merck KGaA (Germany)
- DAYANG CHEM (HANGZHOU) CO., LTD. (China)
- Great Plains Processing (U.S.)
- Perstorp (Sweden)
- Hefei TNJ Chemical Industry Co.,Ltd. (China)
- Kemin Industries, Inc., (U.S.)
- Weifang Qiyi Chemical Co., Ltd, (China)
- OQ Chemicals GmbH (Germany)
- Finoric LLC (U.S.)
- Palital Feed Additives B.V., (Netherlands)
- Trouw Nutrition (India)
- Bioscreen technologies srl (Italy)
- Yufeng International Co.,Ltd (China)
By Product Type (Sodium Butyrate, Calcium Butyrate, Magnesium Butyrate, and Potassium Butyrate), Animal (Ruminants, Swine, Poultry, Aquaculture, Pets, Equine, Birds and Others), Type (Encapsulated and Non-Encapsulated), Source (Synthetic and Natural), Lifecycle (Grower Feed, Finisher Feed, Starter Feed, Brooder Feed and Others)
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