North America Butyric Acid For Animal Feed Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 43,398.24 Thousand |
Market Size (Forecast Year) |
USD 89,045.24 Thousand |
CAGR |
|
Major Markets Players |
North America Butyric Acid for Animal Feed Market, By 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) – Industry Trends and Forecast to 2030.
North America Butyric Acid for Animal Feed Market Analysis and Sizes
Butyric acid for animal feed is typically available in various forms, including salts, esters, and protected forms to ensure optimal delivery and utilization in the animal's digestive system. It is commonly used in the feed industry for different animal species, including poultry, swine, ruminants, and aquaculture, as a means to enhance animal well-being and optimize feed efficiency.
Data Bridge Market Research analyses that the North America butyric acid for animal feed market which was USD 43,398.24 thousand in 2022, would rocket up to USD 89,045.24 thousand by 2030, and is expected to undergo a CAGR of 9.4% 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.
North America 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, 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) |
Countries Covered |
U.S., Canada, Mexico in North America |
Market Players Covered |
Eastman Chemical Company (U.S.), Thermo Fisher Scientific (U.S.), DSM (Netherland), Merck KGaA (Germany), Spectrum Chemical Manufacturing Corp (U.S.), Finoric LLC (U.S.), Axxence Aromatic GmbH (Germany), Yufeng International Group Co., Ltd (China), Graham Chemical (U.S.), OQ Chemicals GmbH (Germany), Kemin Industries, Inc (U.S.), Perstorp Holding AB (Sweden) |
Market Opportunities |
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Market Definition
Butyric acid for animal feed refers to the use of butyric acid as a feed additive in animal nutrition. Butyric acid, also known as butanoic acid, is a short-chain fatty acid that occurs naturally in various sources such as animal fats and plant oils. It is used in animal feed to promote animal health, improve nutrient absorption, and support digestive function. When added to animal feed, butyric acid acts as an energy source for the cells lining the intestinal tract. It helps maintain the integrity and health of the gut by supporting the growth and proliferation of beneficial bacteria, such as Lactobacillus and Bifidobacterium, while inhibiting the growth of harmful bacteria.
North America Butyric Acid for Animal Feed Market Dynamics
Drivers
- Increasing demand from the animal feed sector
Butyric acid is widely used as an animal feed additive. Butyric acid is essential for animals and is a major component for meeting animal health requirements. Butyric acid products maintain animal health, provide a healthy diet for animals, and help in the productive raising of animals. The growing use of butyric acid in the animal feed sector has increased the rates of animal diseases. Thus, growing demand for butyric acid from the animal feed sector is a significant growth driver.
- Rising incidences of animal diseases
The rising incidences of animal diseases have led to the increased use of butyric acid in animal feed worldwide. Various health hazards are increasing in animals, such as intestinal dysfunction of farm animals, intestinal inflammation and altered gut microbiota, and other serious problems affecting animal welfare and performance. Butyric acid is considered a favorable antibiotic. It maintains gut homeostasis, enhances digestion and absorption, and modulates gut microbiota. The rising incidences of diseases in animals and the increasing use of butyric acid as an antibiotic significantly contributes to the market’s growth.
Opportunities
- Increasing demand for antibiotic-free livestock products
The demand for antibiotic-free animal products is increasing among customers and due to the ban on antibiotic growth promoter use, the poultry feed industry is highly interested in developing other alternatives to cope with this problem. Butyric acid benefits animal health, performance, and other qualities when used in their diet. Therefore, they can be considered a suitable replacement for antibiotics in animals. The increasing demand for antibiotic-free animal products has increased the demand for butyric acid, significantly driving the market’s growth.
- Increasing demand of meat
Population growth, rising income, improving living standards, and urbanization are the key factors increasing the demand for meat worldwide. The increasing demand for meat has increased the demand for animal food additives. Sodium butyrate is a salt of butyric acid. It is widely used as a major feed additive in many farms worldwide. Sodium butyrate helps the animal to grow while increasing its mass, and it has become a significant feed additive in commercial farming. The increasing demand of meat is increasing the market’s growth.
Restraints/Challenges
- High cost of production of butyric acid
The cost production of butyric acid is high due to tight supply and insufficient demand from the manufacturers and suppliers. The delay in supply and high crude oil prices are major factors increasing the price of butyric acid. Another major factor is high production cost due to limited Russia’s oil and gas imports. The cost of butyric acid in the region rose due to the increasing demand in the pharmaceuticals and animal feed industries. Thus, the high cost of production is the major challenge in the butyric acid market’s growth.
- Corrosive nature of butyric acid
The corrosive nature of butyric acid can be harmful to animals. This becomes a severe concern for the manufacturers, manufacturing innovative butyric acid for animal feed products. The corrosive nature of butyric acid makes it difficult to store and manage. Along with this, the acid losses its properties. So, the manufacturers are focusing on innovative processing techniques for producing innovative products that help endure the restraints of Asia Pacific butyric acid for the animal feed market.
This North America 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 North America 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.
North America Butyric Acid for Animal Feed Market Scope
The North America 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
North America Butyric Acid for Animal Feed Market Regional Analysis/Insights
The North America 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 U.S., Canada and Mexico in North America.
The U.S. in the North America butyric acid for animal feed market is dominating the market owing to increasing demand of the injection of sodium butyrate in calves.
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 North America 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, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America butyric acid for animal feed market.
Some of the major players operating in the North America butyric acid for animal feed market are:
- Eastman Chemical Company (U.S.)
- Thermo Fisher Scientific (U.S.)
- DSM (Netherland)
- Merck KGaA (Germany)
- Spectrum Chemical Manufacturing Corp (U.S.)
- Finoric LLC (U.S.)
- Axxence Aromatic GmbH (Germany)
- Yufeng International Group Co., Ltd (China)
- Graham Chemical (U.S.)
- OQ Chemicals GmbH (Germany)
- Kemin Industries, Inc (U.S.)
- Perstorp Holding AB (Sweden)
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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
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