The global butyric acid for animal feed market is witnessed significant growth during the forecast period. Butyric acid for animal feed is used as an injection of sodium butyrate in calves due to this protein release greater release. These acids and the dietary addition of butyrate glycerides upsurge broiler animals' body weight. The newly created third-generation butyric acid in the form of glycerides is gaining dominance among researchers due to this increase in the demand for butyric acid for animal feed in the global butyric acid for animal feed market at a higher rate.
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Data Bridge Market Research analyses that the Butyric Acid for Animal Feed Market was valued at USD 2,335.85 million in 2022 and is expected to reach USD 5,080.40 million by 2030, registering a CAGR of 10.20% during the forecast period of 2023 to 2030. The global population is increasing, along with the demand for animal protein such as meat, milk, and eggs. This has led to an increase in livestock production, which in turn drives the demand for animal feed additives like butyric acid to improve animal health and productivity.
Key Findings of the Study
Research and development activities are expected to drive the market's growth rate
Research and development activities focused on animal nutrition and health have led to a better understanding of the benefits of butyric acid in animal feed. Ongoing studies and trials continue to demonstrate the positive effects of butyric acid on gut health, immunity, and performance in various animal species. This growing body of scientific evidence supports the adoption of butyric acid in animal feed formulations, driving its market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Eastman Chemical Company (U.S.), Thermo Fisher Scientific (U.S.), DSM (Netherland), 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)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
Global butyric acid for animal feed market is categorized into five notable segments which are based on product type, animal, type, source, and lifecycle.
- On the basis of product type, the market is segmented into calcium butyrate, sodium butyrate, potassium butyrate and magnesium butyrate. Calcium butyrate segment is expected to dominate the butyric acid for animal feed market with a CAGR of 10.3% in the forecast period of 2023-2030.
In 2023, the Calcium butyrate segment of product type segment is anticipated to dominate the butyric acid for animal feed market
In 2023, the calcium butyrate segment of this market will dominate the butyric acid for animal feed market owing to the intestinal strengthening properties which has widened its applications. The Calcium butyrate segment is expected to reach the highest CAGR of 10.3% in the forecast period of 2023-2030
- On the basis of animal, the butyric acid for animal feed market is segmented into ruminants, swine, poultry, aquaculture, pets, equine, birds and others. Poultry segment is expected to dominate the butyric acid for animal feed market with a CAGR of 10.3% in the forecast period of 2023 to 2030 due to the the availability of enzyme secretion properties. Additionally, there are cheaper sources of energy in comparison to other feed products of poultry.
- On the basis of type, the butyric acid for animal feed market is segmented into encapsulated and non-encapsulated. In 2023, the encapsulated segment is expected to dominate the butyric acid for animal feed market with a CAGR of 10.0% in the forecast period of 2023 to 20230.
In 2023 the encapsulated segment of type segment is anticipated to dominate the type segment of butyric acid for animal feed market
In 2023, the encapsulated segment of this market will dominate the butyric acid for animal feed market owing to its growing application in several industries globally. The encapsulated segment is expected to reach the highest CAGR of 10.0% in the forecast period of 2023-2030
- On the basis of source, the butyric acid for animal feed market is segmented into natural and synthetic. Natural segment is expected to dominate the butyric acid for animal feed market is growing with a CAGR of 10.0% in the forecast period of 2023 to 2030 because of the easy processing techniques which boost the demand in the butyric acid for animal feed market along with the growing usage in the manufacturing of butyrate estres.
- On the basis of lifecycle, the butyric acid for animal feed market is segmented into grower feed, finisher feed, starter feed, brooder feed and others. Grower feed segment is expected to dominate the butyric acid for animal feed market is growing with a CAGR of 10.3% in the forecast period of 2023 to 2030 due to the increasing consumption among animals when they reach at specific age. Furthermore, there are cheaper sources of feeding animals in comparison to other feed products.
Major Players
Data Bridge Market Research recognizes the following companies as the major butyric acid for animal feed market players in butyric acid for animal feed market are Eastman Chemical Company (U.S.), Thermo Fisher Scientific (U.S.), DSM (Netherland), 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)
Market Development
- In 2022, Gastrivix Avi was introduced by Perstorp as part of an expansion of its creative line of broiler feed solutions. It is a special gut health treatment that combines valeric and butyric acid's advantages.
- In 2022, the first 100% bio-based butyric acid for animal nutrition produced in France will be marketed in France, according to an agreement between METEX NVISTA and ALINOVA. With the help of this partnership, ALINOVA will be able to meet the demands of its clients for natural and sustainable ingredients by expanding its line-up of technical, performance-enhancing products.
- In 2021, A European leader in the technological and industrial advancement of feed and food additives, 3F Feed & Food was acquired by Eastman Chemical Company.
- In 2021, Thermo Fisher Scientific Inc., a global leader in scientific services, announced in February 2021 that it had finished the previously announced acquisition of privately held point-of-care molecular diagnostic company Mesa Biotech, Inc.
- In October 2020, Erber Group will be fully acquired by Royal DSM for a price of €980 million. Royal DSM is an international science-based company with a focus on nutrition, health, and sustainable living. DSM purchased Biomin and Romer Labs from Erber Group. Romer Labs offers solutions for food and feed safety testing, while Biomin, an Erber Group specialty animal nutrition and health business, focuses on mycotoxin risk management and gut health performance management. Both increase the number of higher-value specialty solutions in DSM's portfolio.
- In 2020, In order to control the African Swine Fever Virus (ASFv) in feed and feed ingredients, Kemin Industries, a manufacturer of Sal CURB Liquid Antimicrobial, has acquired a US patent application.
- In June 2020, Eastman Chemical Company was honoured with the Project of the Year award due to its recycling innovation. The award helps in increasing the revenue of the business and increases customer base of the company
Regional Analysis
Geographically, the countries covered in the butyric acid for animal feed market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
As per Data Bridge Market Research analysis:
North America is the dominant region in butyric acid for animal feed market during the forecast period 2023-2030
North America dominates the butyric acid for animal feed market in terms of revenue and market share due to health benefits that resist diseases. This can be attributed to the health benefits of butyric acid, which include disease resistance in animals. Additionally, the increasing demand for butyric acid itself contributes to the growing demand for butyric acid for animal feed in the market. These factors contribute to North America's strong presence in the market.
Asia-Pacific is estimated to be the fastest-growing region in butyric acid for the animal feed market in the forecast period 2023-2030
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. This is primarily attributed to the rising consumer business development and awareness in the region. China, in particular, is leading the expansion of the butyric acid for animal feed market due to the increasing demand for animal feed within the country. This trend indicates a positive outlook for the market's future in the region.
For more detailed information about the Butyric Acid for Animal Feed Market report, click here – https://www.databridgemarketresearch.com/jp/reports/global-butyric-acid-for-animal-feed-market
