Butyric Acid Derivatives Market was valued at USD 383.47 Mn . in 2022, and it is expected to reach USD 1020.06 Mn. by 2029 with a CAGR of 15% during the forecast period.
Butyric Acid Derivatives Market Overview
As per Maximize Market Research, a global business research and consultancy firm, the total global market for Butyric Acid Derivatives Market was USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029.
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Butyric Acid Derivatives Market Dynamics
The market has experienced tremendous expansion recently, and this trend is anticipated to continue throughout the course of the projected period. The market is expanding as a result of the rising demand for animal feed, notably for swine and poultry. Additionally, the food, flavor, and pharmaceutical industries are seeing an increase in demand for renewable butyric acid. The demand for meat has increased globally as a result of population growth, changing living conditions, and an increase in consumers’ disposable income. This condition is probably going to drive market demand.
Butyric Acid Derivatives Market Scope and Methodology
The report comprehensively assesses the Butyric Acid Derivatives market’s size estimation, encompassing existing and upcoming trends. It delivers an extensive examination of pivotal advancements, marketing tactics, supply and demand indicators, and profiles of market proprietors, leaders, potential contenders, and new entrants. Employing a bottom-up approach, the report estimates the Butyric Acid Derivatives Market. Primary data sources involve interviews with notable industry experts, business owners, and marketing specialists, while secondary sources encompass financial reviews and annual reports of top manufacturers. For comprehensive insights into market penetration, competitive landscape, demand analysis, and regional evaluation, the study spans local, regional, and global levels.
Butyric Acid Derivatives Market Regional Insights
The Butyric Acid Derivatives market exhibits extensive categorization across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis furnishes the current status of the Butyric Acid Derivatives market within the countries covered. This report offers a comprehensive assessment of factors, market dimensions, growth rates, and regional import-export dynamics.
Butyric Acid Derivatives Market Segmentation
The market for butyric acid derivatives is divided into three categories based on animal feed: swine, poultry, and others (duck, pigeon, turkey, and fish). By 2029, swine are expected to hold the greatest market share globally. In Asia-Pacific and Europe, butyric acid derivatives are mostly employed in the swine sector. Demand for white meat, such as hog and chicken, is rising quickly, especially in the Asia-Pacific region. Because they are a very high source of protein, people outside of Asia-Pacific choose to consume more poultry products, demonstrating the sizeable market that could exist for animal meat products.
1. Global Butyric Acid Derivatives Market, by Animal Feed (2022-2029)
• Swine
• Poultry
• Others
o Ducks
o Pigeon
o Turkey
o Fish
2. Global Butyric Acid Derivatives Market, by Product (2022-2029)
• Calcium Butyrate
• Sodium Butyrate
• Potassium Butyrate
• Magnesium Butyrate
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Butyric Acid Derivatives Market Key Players
1. Perstorp Holdings AB
2. Innovad
3. Nutreco N.V.
4. Alfa Aesar
5. Eastman Chemical Company
6. Kemin Industries Inc.
7. Bioscreen Technologies S.R.L
8. Palital GmbH & Co.
9. Shanghai Kayi Chemical Co. Ltd.
10. SNOWCO
11. Thermo Fisher Scientific
12. Tokyo Chemical Industry Co. Ltd.
13. Norel Animal Nutrition
14. Sanluc International
15. Jainex Speciality Chemicals
16. Others
Key questions answered in the Butyric Acid Derivatives Market are:
- What is Butyric Acid Derivatives?
- What was the Butyric Acid Derivatives market size in 2022?
- What are the different segments of the Butyric Acid Derivatives Market?
- What growth strategies are the players considering to increase their presence in Butyric Acid Derivatives?
- What are the upcoming industry applications and trends for the Butyric Acid Derivatives Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Butyric Acid Derivatives Market?
- Who are the key players in the Butyric Acid Derivatives market?
- What segments are covered in the Butyric Acid Derivatives Market?
- Who are the leading companies and what are their portfolios in Butyric Acid Derivatives Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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