Thermo Fisher Scientific, Inc., DSM and Perstorp are Dominating in the Europe Butyric Acid for Animal Feed Market in 2019

Europe Butyric Acid for Animal Feed Market is expected to grow with the CAGR of 9.5% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.

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Europe butyric acid for animal feed market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different types of butyric acid for animal feed, various acquisitions and partnership to enter in specific market have led the manufacturers to establish their foot prints.

The major players dealing in Europe butyric acid for animal feed market are introducing strong range of product portfolio. This has also helped the companies to maximize the sales with enhanced product portfolio. For instance, in April 2019, Kemin Industries, Inc. had launched product named as aleta beta glucan (β-glucan) at the 6th conference on Poultry Intestinal Health in Intestinal Health Scientific Interest Group's (IHSIG) that was held in Rome. The launch helps in increasing immune modulator for the animals at the time of disease vaccination and stress which generated revenue of the business.

Thermo Fisher Scientific Inc. is the dominating player in the Europe butyric acid for animal feed market. The other key players existing in the butyric acid for animal feed market includes Eastman Chemical Company, Kemin Industries, Inc., Perstorp, Spectrum Chemical Manufacturing Corp., Merck KGaA, DSM, Palital Feed Additives B.V., Trouw Nutrition, Bioscreen technologies srl (a subsidiary of Balchem Inc.), Innovad, OQ Chemicals GmbH and Axxence Aromatic GmbH among others.

Europe Butyric Acid for Animal Feed MarketThermo Fisher Scientific Inc.:

Thermo Fisher Scientific Inc. is headquartered in the Massachusetts, U.S. which was founded in 1956. The company mainly accelerates towards life science challenges and research improving the diagnostics by providing medicines and laboratory productivity services. The company deals in number of business segments namely analytical instruments, life science solutions, specialty diagnostics and laboratory products & services out of which laboratory products & services are the market focused segment. The company provides applications & techniques under categories such as life sciences, industrial & applied sciences, clinical & diagnostics and lab solutions among which lab solutions is the market focused category. The company takes various strategic decisions in order to enhance their business.

For instance,

  • In May 2020, Thermo Fisher Scientific Inc. had presented at the BofA Securities 2020 Health Care Conference. The conference helped the company to create brand awareness among the stakeholders and also increasing the customer base for new and innovative products of the business.

The company has wide global presence across the globe such as Asia-Pacific, Europe and North America. The company distributes its products through its subsidiaries and they are Dionex (California), Patheon (Netherlands), Affymetrix (California), FEI Company (U.S.), and Cole-Parmer (U.S.) among others.

DSM:

DSM is headquartered in Heerlen, the Netherlands and was founded in 1902. The company is engaged in the production of variety of the innovative biomedical materials that helps in enhancing the performance of the medical products. The company deals in number of business segments namely nutrition, materials and innovation center out of which nutrition is the market focused segment. The company provides products under categories such as aquaculture, poultry, ruminants, swine and pets among which poultry is the market focused category. The company takes various strategic decisions in order to enhance their business.

For instance,

  • In April 2020, DSM completed the acquisition of Glycom based in the Denmark in order to expand the company’s product portfolio and strengthen its geographical presence. The acquisition has helped the company generating the revenue for animal feed business.

The company has wide global presence across the globe such as Asia-Pacific, North America and Europe. The company offers its products through its subsidiaries around the world and they are DSM (China) Ltd.( China), Dsm Re Switzerland Ag (Switzerland), Glycom A/S (Denmark), Fortitech (U.S.) among others.

Perstorp:

Perstorp is headquartered in Malmö, Sweden and was founded in 1881. The company is engaged in providing products for pockets, homes, offices and communities all over the world. The company deals in number of business segments namely specialty polyols & solutions, advanced chemicals, animal nutrition and other out of which animal nutrition is the market focused segment. The company provides products under categories such as animal nutrition, plastic materials, resins & coatings, synthetic lubricants & engineered fluids and complementary among which animal nutrition is the market focused category. The company takes various strategic decisions in order to enhance their business.

For instance,

  • In November 2018, Perstorp invested in the Feed & Food Business Area to provide solutions for gut health and preservation. This investment has boosted the company to provide solutions to the next generations of gut health and preservation. The expansion has helped to increase their presence so that they can meet the increasing demands of customers.

The company has its strong presence across the globe such as Asia-Pacific, Europe, Latin America, Middle East and Africa and North America. The company distributes its products through its subsidiaries and they are Perstorp Singapore Pte Ltd (Singapore), Perstorp Specialty Chemicals AB (China), Perstorp Specialty Chemicals (Germany), Perstorp BioProducts AB (Germany), Perstorp AB (Singapore) among others.