Global Butyric Acid For Animal Feed Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 2,335.85 Million |
Market Size (Forecast Year) |
USD 5,080.40 Million |
CAGR |
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Major Markets Players |
Global 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 2030.
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 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. 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..
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 Million, 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 |
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) |
Market Players Covered |
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 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.
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,
Restraints/ Challenges
- Increasing presence of new trends
Since it is challenging to forecast the existence of new trends such as veganism in terms of years, the increasing demand for plant-based foods is developing as a risk to the sales of the butyric acid-induced animal feed and restraint the market growth rate. Hence, butyric acid derivatives market companies are expanding their production to support aquaculture.
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.
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.
Global 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 analyzed 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 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).
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 country section of the report also provides individual market impacting factors and changes in market regulation that impact 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 butyric acid for animal feed market.
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)
Research Methodology: Global Butyric Acid for Animal Feed Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed 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.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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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.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.