Asia-Pacific Butyric Acid for Animal Feed Market, 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), Country (Japan, China, Singapore, Malaysia, Indonesia, Philippines, South Korea, India, Thailand, Taiwan, Hong Kong, Australia and New Zealand, Rest of Asia-Pacific) Industry Trends and Forecast to 2027
Butyric acid for animal feed market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 10.8% in the forecast period of 2020 to 2027 and expected to reach USD 159,569.75 thousand by 2027. Increasing dietary addition of butyrate glycerides increases the body weight of broiler animals which are increasing use of Butyric Acid for animal feed are the factors for the market growth.
Asia-Pacific region is dominating due to the population of the countries such as China and Japan is very huge which boosts the demand of butyric acid for animal feed among the consumers. The growing demand of the butyric acid for animal feed as due to the growing injection of sodium butyrate in calves which is another reason of increasing demand of the butyric acid.
Butyric acid for animal feed is used in the animals as the injection of sodium butyrate in calves has resulted in greater release of proteins. Butyric acid for animal feed along with dietary addition of butyrate glycerides increases the body weight of broiler animals. The newly developed third-generation butyric acid in the form of glycerides are gaining prevalence among the researchers due to which the demand for butyric acid for animal feed in global butyric acid for animal feed market is increasing at a higher rate.
The major restraint which has been found is the high cost of production of butyric acid which restrains the growth of the butyric acid for animal feed market. Along with it, the corrosive nature of butyric acid can prove fatal to animals acting as the problem for the manufacturers in the manufacturing of the innovative butyric acid for animal feed products. So, the manufacturers are focusing on the innovative processing techniques in order to produce innovative products that help in coping up with the restraints of global butyric acid for animal feed market.
This Asia-Pacific butyric acid for animal feed market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific butyric acid for animal feed market is categorized into five notable segments which are based on product type, animal, type, source and lifecycle. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the butyric acid for animal feed market is segmented into calcium butyrate, sodium butyrate, potassium butyrate and magnesium butyrate. In 2020, calcium butyrate for animal feed is dominating because of the easy availability in the market.
- On the basis of animal, the butyric acid for animal feed market is segmented into ruminants, swine, poultry, aquaculture, pets, equine, birds and others. In 2020, poultry is dominating because of growing application in butyric acid in order to enhance the chest meat of poultry animals.
- On the basis of type, the butyric acid for animal feed market is segmented into encapsulated and non-encapsulated. In 2020, encapsulated is dominating because of the properties to resist diseases among animals.
- On the basis of source, the butyric acid for animal feed market is segmented into natural and synthetic. In 2020, natural segment is dominating because of the growing demand of natural products.
- On the basis of lifecycle, the butyric acid for animal feed market is segmented into grower feed, finisher feed, starter feed, brooder feed and others. In 2020, grower feed is dominating because of the antimicrobial properties which enhance usage among animals.
Asia-Pacific Butyric Acid for Animal Feed Market Country Level Analysis
Butyric acid for animal feed market is analysed and market size information is provided by country, product type, animal, type, source and lifecycle as referenced above.
The countries covered in Asia-Pacific butyric acid for animal feed market report are Japan, China, Singapore, Malaysia, Indonesia, Philippines, South Korea, India, Thailand, Taiwan, Hong Kong, Australia and New Zealand, Rest of Asia-Pacific.
Asia-Pacific butyric acid for animal feed market is dominating due to the increasing health benefits and also the increasing consumption of butyric acid on the colonic barrier function in poultry animals that demands butyric acid for animal feed which is majorly use for butyric acid to boost the demand of butyric acid for animal feed in the region.
The country section of the Asia-Pacific butyric acid for animal feed market 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 such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Newly Developed Third-Generation Butyric Acid in the Form of Glycerides
Asia-Pacific butyric acid for animal feed market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in butyric acid for animal feed and changes in regulatory scenarios with their support for the butyric acid for animal feed market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Asia-Pacific Butyric Acid for Animal Feed Market Share Analysis
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, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to butyric acid for animal feed market.
The major players covered in the Asia-Pacific butyric acid for animal feed market report are Eastman Chemical Company, Kemin Industries, Inc., Perstorp, Spectrum Chemical Manufacturing Corp., Merck KGaA, DSM, Finoric LLC, Palital Feed Additives B.V., Trouw Nutrition, Innovad, Yufeng International Co.,Ltd, Weifang Qiyi Chemical Co., Ltd, OQ Chemicals GmbH, Thermo Fisher Scientific Inc., Axxence Aromatic GmbH, Hefei TNJ Chemical Industry Co.,Ltd and Hangzhou Dayangchem Co., Ltd among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In May 2020, Thermo Fisher Scientific Inc. has showcased New Mass Spectrometry Systems as well as Software to enhance the clinical applications at Virtual ASMS event. The event helps in increasing the customer base of the company due to increasing production which also maximises revenue of the business.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for butyric acid for animal feed through expanded range of butyric acid for animal feed products globally.
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