Middle East And Africa Butyric Acid For Animal Feed Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 25,497.74 Thousand |
Market Size (Forecast Year) |
USD 50,434.15 Thousand |
CAGR |
|
Major Markets Players |
Middle East and Africa 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.
Middle East and Africa Butyric Acid for Animal Feed Market Analysis and Size
During the anticipated period, there will be significant growth in the market for butyric acid used in animal feed. Butyric acid for animal feed is used as an injection of sodium butyrate in calves due to this protein release greater release. These acids increase body weight in broiler animals, as does the dietary addition of butyrate glycerides. 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 25,497.74 Thousand in 2022, will reach USD 50,434.15 Thousand by 2030, growing at a CAGR of 8.9% 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.
Middle East and Africa 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 |
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
A low-carbon unsaturated fat chain called butyric acid is primarily present in the milk of sheep, goats, and bison. Butanoic acid is another name for butyric acid. It is liberated from the glyceride found in various milk products. Butyric acid has a disagree blescent. By using hydrolysis as a test, it is free of cheddar and bad spread. The main benefits of butyric acid are an improvement in general health and the prevention of many diseases.
Middle East and Africa Butyric Acid for Animal Feed Market Dynamics
Drivers
- Growing demand for nutritious animal feed
The market for butyric acid in animal feed has experienced significant growth as a result of the rising demand for nutrient-rich animal feed on a global scale. 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. Manufacturers of butyric acid for animal feed are experiencing steady revenue growth due to the ever-expanding poultry industry. It is clear that chicken is the second most popular type of meat consumed worldwide.
- Advantages of using butyric acid in animal feed creates drive in market
The demand for high-quality animal feed, such as butyric acid, is being driven by the meat industry's rapid expansion as well as rising consumer demand for high-protein foods like meat, milk, and eggs. This demand is coming from the bovine, poultry, swine, and aquaculture sectors. 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
- Demand for feed additives based on butyric acid is expanding
Butyric acid has been utilised recently in the feed industry to improve animal performance. To improve the product's handling and performance, numerous additional generations have been created. The creation of ProPhorc SR, a butyric acid glycerol ester, represents a recent advancement in butyric acid-based feed additives. Milk and honey are two foods that naturally contain this butyric acid. With a butyric acid content of up to 85%, they are the most efficient source of protected butyric acid. Three butyric acid molecules can be connected to three molecules of glycerol via what are known as "ester bonds." Therefore, during the forecast period, this development will open up a wealth of opportunities for market growth.
- Rising presence of new trends restricts the market growth
The growing demand for plant-based foods is posing a threat to the sales of butyric acid-induced animal feed and limiting the market growth rate because it is difficult to predict the emergence of new trends like veganism in terms of years. As a result, producers of butyric acid derivatives are increasing their output to support aquaculture.
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
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.
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 technical licensing agreement that was signed by Celanese Corporation. The agreement aids in revenue generation and broadens the clientele for the company.
Middle East and Africa Butyric Acid for Animal Feed Scope
The butyric acid for animal feed is segmented on the basis of product type, animal, type, source, 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 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, lifecycle as referenced above.
The countries covered in the Butyric acid for animal feed report are UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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 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 (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)
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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.
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