Europe Butyric Acid For Animal Feed Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 56,506.60 million |
Market Size (Forecast Year) |
USD 121,126.92 million |
CAGR |
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Major Markets Players |
Europe Butyric Acid for Animal Feed, 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 2030.
Europe Butyric Acid for Animal Feed Market Analysis and Size
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 dietary addition of butyrate glycerides upsurge broiler animals' body weight. The newly created third-generation butyric acid in the form of glycerides are gaining dominance among researchers due to this increase the demand for butyric acid for animal feed in global butyric acid for animal feed market at a higher rate.
Data Bridge Market Research analyses that the butyric acid for animal feed, valued at USD 56,506.60 thousand in 2022, will reach USD 1,21,126.92 thousand by 2030, growing at a CAGR of 10% during the forecast period of 2023 to 2030. 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.
Europe Butyric Acid for Animal Feed Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Thousand, Volumes in Units, Pricing in USD |
Segments Covered |
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) |
Countries Covered |
Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe |
Market Players Covered |
Eastman Chemical Company (U.S.), Thermo Fisher Scientific Inc. (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.), Arvesta. (Netherlands), Trouw Nutrition (India), Yufeng International Group Co., Ltd.(China) |
Market Opportunities |
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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.
Europe Butyric Acid for Animal Feed Market Dynamics
Drivers
- Rising demand for nutritious animal feed
The market for butyric acid is expanding as a result of an increase in demand for nutrient-rich animal feed. Short-chain fatty acids, such as butyric acid, are naturally produced in the guts of animals such as cows, pigs, and chickens. It is an important nutrient that supports livestock growth and immunity as well as gut health maintenance. It has been demonstrated that adding butyric acid to animal feed will improve digestibility, boost feed conversion efficiency, and improve the health and welfare of the animals. With this, the livestock industry has become increasingly interested in using butyric acid as a feed additive.
- Rising consumer demand 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.
- Increasing use in pharmaceutic industry creates expansion
Butyric acid is anticipated to experience significant growth on the international market in the coming years due to the escalating demand from the pharmaceutical industry. Butyric acid has been found to have a variety of therapeutic advantages, including anti-inflammatory, anti-cancer, and anti-bacterial effects. As a result, it is frequently used in the production of pharmaceuticals. Additionally, butyric acid is used to make food additives, animal feed, and cosmetics. The pharmaceuticals industry is also anticipated to continue serving as the primary driver of market expansion. The prevalence of chronic diseases such as cancer and inflammatory disorders is expected to increase demand for butyric acid in pharmaceuticals.
Restraints/Challenges
- Increasing presence of new trends restricts the market growth
The emergence of new trends, such as veganism, is difficult to predict in terms of years; however, the rising demand for plant-based foods is posing a threat to the sales of animal feed caused by butyric acid and is expected to slow the market's rate of expansion. As a result, producers of butyric acid derivatives are increasing their output to support aquaculture.
- Government restrictions limit the market growth
Butyric acid has a potent flavor and aroma, its use in food products is restricted. Additionally, because of safety concerns, the use of butyric acid is restricted in some nations. This could restrict the market's ability to expand by lowering the demand for butyric acid in the food industry. Butyric acid is produced using chemicals and solvents that can pollute the environment and harm human health. As a result, butyric acid production and disposal are subject to strict regulations. The cost of production could rise as a result of compliance with these regulations, making it harder for manufacturers to compete in the market. In conclusion, strict regulations may hinder butyric acid's market.
This butyric acid for animal feed 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 contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
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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
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Recent Developments
- In 2022, Perstorp expanded its innovative range of broiler feed solutions with the launch of Gastrivix Avi. 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 2020, Through innovative recycling strategy, Eastman Chemical Company was given the Project of the Year award. By introducing new products to the market, the award assists the company in growing business sales.
- In 2020, The acetic acid pathway to acrylic acid has a technology licensing agreement that was signed by Celanese Corporation. The agreement helps in generating the revenue and increases the customer base of the business.
Europe Butyric Acid for Animal Feed Scope
The butyric acid for animal feed is segmented on the basis of product type, animal, type, source, lifestyle. 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 Market Regional Analysis/Insights
The butyric acid for animal feed is analysed and market size insights and trends are provided by product type, animal, type, source, lifestyle as referenced above.
The countries covered in the butyric acid for animal feed report are Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe.
Europe dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region’s dominance are rising health benefits and growing demand for feed in the region of butyric acid.
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 such as 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 Share Analysis
The butyric acid for animal feed 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 butyric acid for animal feed.
Some of the major players operating in the butyric acid for animal feed are:
- Eastman Chemical Company (U.S.)
- Thermo Fisher Scientific Inc. (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.)
- Arvesta. (Netherlands)
- Trouw Nutrition (India)
- Yufeng International Group Co., Ltd.(China)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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