The Europe butyric acid for animal feed market is a thriving sector characterized by numerous benefits. Butyric acid is a feed additive to enhance livestock performance and overall animal well-being. The demand for butyric acid in animal feed is steadily growing in various regions, with Europe showing significant dominance. This sustained growth is attributed to the rising adoption of butyric acid supplements, underlining the region's significance in the global market landscape.
Access Full Report @ https://www.databridgemarketresearch.com/zh/reports/europe-butyric-acid-for-animal-feed-market
Data Bridge Market Research analyses that the Europe Butyric Acid for Animal Feed Market is expected to grow at a CAGR of 10% in the forecast period of 2023 to 2030 and is expected to reach USD 1,21,126.92 thousand by 2030 from USD 56,506.60 thousand in 2022. Increasing awareness about animal health and welfare fuels the demand for additives such as butyric acid in animal feed. This heightened concern prompts the need for products that enhance well-being, emphasizing the significance of butyric acid as a key additive in improving the overall health of animals in various agricultural sectors.
Key Findings of the Study
Enhances gut health and reducing digestive problems in animals is expected to drive the market's growth rate
Focusing on gut health, butyric acid is pivotal in mitigating animal digestive problems. Its supportive properties enhance gastrointestinal well-being, effectively reducing digestive issues. Promoting a healthier digestive system, butyric acid aids nutrient absorption and improves overall animal well-being. This aspect is crucial in animal nutrition, ensuring improved digestion and minimizing discomfort, thereby enhancing livestock's overall health and vitality.
Report Scope and Market 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).
|
|
Data Points Covered in the Report
|
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.
|
Segment Analysis:
The Europe butyric acid for animal feed market is segmented on the basis of product type, animal, type, source, and lifestyle.
- On the basis of product type, the Europe butyric acid for animal feed market is segmented into sodium butyrate, calcium butyrate, magnesium butyrate, and potassium butyrate
- On the basis of animal, the Europe butyric acid for animal feed market is segmented into ruminants, swine, poultry, aquaculture, pets, equine, birds, and others
- On the basis of type, the Europe butyric acid for animal feed market is segmented into encapsulated and non-encapsulated
- On the basis of source, the Europe butyric acid for animal feed market is segmented into synthetic and natural
- On the basis of lifestyle, the Europe butyric acid for animal feed market is segmented into grower feed, finisher feed, starter feed, brooder feed, and others
Major Players
Data Bridge Market Research recognizes the following companies as the major Europe butyric acid for animal feed market players in Europe butyric acid for animal feed market 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).
Market Developments
- In 2022, Perstorp in Europe's butyric acid for animal feed market extended its product line by introducing Gastrivix Avi, a specialized gut health treatment. This innovation integrates the benefits of valeric and butyric acid to enhance broiler feed solutions, signifying a significant advancement in animal nutrition
- In 2022, METEX NVISTA and ALINOVA formed a partnership to introduce France's inaugural 100% bio-based butyric acid for animal nutrition. This collaborative effort enables ALINOVA to enrich its portfolio with natural and sustainable ingredients, satisfying clients' demands for performance-enhancing products
- In 2020, Celanese Corporation signed a technology licensing agreement for the acetic acid pathway to acrylic acid. This strategic move generated substantial revenue and expanded the customer base significantly, enhancing the company's market presence and profitability in the chemical industry
Regional Analysis
Geographically, the countries covered in the Europe butyric acid for animal feed market report are Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe.
As per Data Bridge Market Research analysis:
Europe is the dominant region in Europe butyric acid for animal feed market during the forecast period 2023-2030
Europe's market dominance is set to persist, fueled by increasing health benefits and rising demand for butyric acid in feed applications. This trend is expected to flourish during the forecast period, solidifying Europe's position as a key player in the butyric acid industry.
For more detailed information about the Europe butyric acid for animal feed market report, click here – https://www.databridgemarketresearch.com/zh/reports/europe-butyric-acid-for-animal-feed-market
