Asia-Pacific Butyric Acid for Animal Feed Market, 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) – Industry Trends and Forecast to 2031.
Asia-Pacific Butyric Acid for Animal Feed Market Analysis and Size
Butyric acid for animal feed market is pivotal, enhancing gut health and promoting efficient digestion in livestock. Its antimicrobial properties inhibit harmful bacteria, reducing the risk of infections and improving overall health. In addition, butyric acid aids in nutrient absorption, leading to better feed conversion rates and enhanced animal performance, ultimately ensuring optimal productivity and profitability.
For instance, in March 2022, Perstorp extended its innovative broiler feed solutions by introducing Gastrivix Avi. This unique gut health solution combines the advantages of valeric and butyric acid. With Gastrivix Avi, Perstorp aims to enhance broiler health and performance, offering poultry farmers an effective tool to optimize gut health and improve overall productivity.
Data Bridge Market Research analyses that the Asia-Pacific butyric acid for animal feed market size was valued at USD 2.60 billion in 2023, is projected to reach USD 6.13 billion by 2031, with a CAGR of 11.3% during the forecast period 2024 to 2031. 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.
Asia-Pacific Butyric Acid for Animal Feed Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, 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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Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
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Market Players Covered
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Perstorp (Sweden), OQ Chemicals GmbH (Germany), Eastman Chemical Company (U.S.), Arvesta (Belgium), Tokyo Chemical Industry Co., Ltd. (Japan), Merck KGaA, Darmstadt (Germany), Kemin Industries, Inc. (U.S.), Hefei TNJ Chemical Industry Co., Ltd. (China), Kunshan Odowell Co., Ltd. (China), Yufeng International Group Co., Ltd. (China), Central Drug House (India), Spectrum Chemical (U.S.), DSM (Netherlands), Finoric LLC (U.S.), DAYANG CHEM (HANGZHOU) CO., LTD. (China), Trouw Nutrition (Netherlands), and Thermo Fisher Scientific Inc (U.S.)
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Market Opportunities
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Market Definition
Butyric acid, commonly used in animal feed, is a crucial additive for promoting gut health and improving digestion in livestock. Its antimicrobial properties help control harmful bacteria in the gastrointestinal tract, enhancing nutrient absorption and overall animal performance. In addition, it aids in reducing the risk of intestinal disorders, ensuring healthier livestock and improved feed efficiency.
Butyric Acid for Animal Feed Market Dynamics
Drivers
- Increasing Demand in the Animal Feed Sector
The escalating demand from the animal feed sector underscores the vital role of butyric acid as a key additive. Essential for animal health and nutrition, butyric acid aids in maintaining animal well-being, ensuring a balanced diet, and facilitating productive livestock rearing. However, its increased utilization has also corresponded with heightened rates of animal diseases, emphasizing its pivotal role in safeguarding animal health amidst growing industry demand, thereby contributing to market growth.
- Rising Incidences of Animal Diseases
The escalating occurrence of animal diseases prompts heightened utilization of butyric acid in global animal feed. Increasingly prevalent health hazards challenge animal welfare and performance, including intestinal dysfunction, inflammation, and altered gut microbiota. Recognized as a favorable antibiotic, butyric acid maintains gut homeostasis, improves digestion and absorption, and regulates gut microbiota. Its expanding role as an antibiotic amid rising disease incidences significantly propels market growth.
Opportunities
- Increasing Demand for Antibiotic-Free Livestock Products
The rising demand for antibiotic-free animal products has spurred interest in alternatives within the poultry feed industry. Butyric acid, known for its benefits in animal health and performance, is a promising substitute for antibiotics in animal diets. This demand shift has significantly fueled the growth of the butyric acid market, aligning with the industry's need for safe and effective solutions.
- Increasing Demand for Meat
Rising global demand for meat, driven by population growth, higher incomes, improved living standards, and urbanization, is fueling increased usage of animal food additives. Sodium butyrate, derived from butyric acid, is a vital feed additive on numerous farms globally. Its ability to enhance animal growth and mass makes it a prominent component in commercial farming, thereby contributing to the expanding market growth.
Restraints/Challenges
- High Cost of Production of Butyric Acid
The high production cost of butyric acid stems from tight supply and inadequate demand, exacerbated by delays in supply and elevated crude oil prices. Limited imports of oil and gas from Russia further inflate production costs. In addition, heightened demand from pharmaceuticals and animal feed industries contributes to the escalating prices, posing a significant challenge to the growth of the butyric acid market.
- Corrosive Nature of Butyric Acid
The corrosive properties of butyric acid pose challenges for manufacturers developing innovative animal feed products. Storage and handling difficulties arise due to its corrosive nature, leading to property degradation. Manufacturers prioritize innovative processing techniques to produce butyric acid-based products that withstand storage challenges and maintain efficacy in animal feed formulations to address these constraints in the Asia Pacific market, hindering the market growth.
This butyric acid for animal feed market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the butyric acid for animal feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In March 2022, ALINOVA expanded its portfolio in France by partnering with METEX NØØVISTA to market 100% bio-based butyric acid for animal nutrition. This collaboration aligns with ALINOVA's commitment to offering natural and sustainable ingredients, catering to evolving customer preferences
- In May 2020, Thermo Fisher Scientific Inc. launched new Mass Spectrometry Systems and Software at the Virtual ASMS event, enhancing clinical applications. This innovation bolstered the company's customer base and revenue, capitalizing on increased production capabilities showcased during the event
- In April 2021, East Chemical Company acquired 3F Feed and Food, a leader in animal and human food additives in Europe. This acquisition complements Eastman’s animal nutrition business, leveraging 3F's expertise and assets to drive global growth within the Additives & Functional Products segment
- In July 2020, Kemin Industries secured a U.S. patent application for managing the African Swine Fever Virus (ASFv) in feed using SAL CURB Liquid Antimicrobial. This acquisition strengthens Kemin Industries' disease control product portfolio, demonstrating its commitment to safeguarding animal health and enhancing feed safety measures
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Butyric Acid for Animal Feed Market Scope
The butyric acid for animal feed market is segmented on the basis of product type, animal, type, source, and lifecycle. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Sodium Butyrate
- Calcium Butyrate
- Magnesium Butyrate
- Potassium Butyrate
Animal
- Ruminants
- Swine
- Poultry
- Aquaculture
- Pets
- Equine
- Birds
- Others
Type
- Encapsulated
- Non-Encapsulated
Source
- Synthetic
- Natural
Lifecycle
- Grower Feed
- Finisher Feed
- Starter Feed
- Brooder Feed
- Others
Butyric Acid for Animal Feed Market Regional Analysis/Insights
The butyric acid for animal feed market is analysed and market size insights and trends are provided by country, product type, animal, type, source, and lifecycle as referenced above.
The countries covered in the butyric acid for animal feed market report are Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific .
China is expected to dominate the market, leveraging its status as the world's second-largest pharmaceutical market. With a burgeoning middle class, an aging population, and robust urbanization, the pharmaceutical sector thrives, fueling demand for butyric acid. In addition, the expanding food and beverage industry further amplifies its usage.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Butyric Acid for Animal Feed Market Share Analysis
The butyric acid for animal feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the butyric acid for animal feed market are:
- Perstorp (Sweden)
- OQ Chemicals GmbH (Germany)
- Eastman Chemical Company (U.S.)
- Arvesta (Belgium)
- Tokyo Chemical Industry Co., Ltd. (Japan)
- Merck KGaA (Germany)
- Kemin Industries, Inc. (U.S.)
- Hefei TNJ Chemical Industry Co., Ltd. (China)
- Kunshan Odowell Co., Ltd. (China),
- Yufeng International Group Co., Ltd. (China)
- Central Drug House (India)
- Spectrum Chemical (U.S.)
- DSM (Netherlands)
- Finoric LLC (U.S.)
- DAYANG CHEM (HANGZHOU) CO., LTD. (China)
- Trouw Nutrition (Netherlands)
- Thermo Fisher Scientific Inc (U.S.)
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