Europe 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 (Germany, U.K., France, Italy, Russia, Spain, Switzerland, Turkey, Belgium, Netherlands, Rest of Europe) Industry Trends and Forecast to 2027
The 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 9.5% in the forecast period of 2020 to 2027 and is expected to reach USD 91,007.50 thousand by 2027. Growing number of health benefits along with immunity boosters is the factor responsible for the butyric acid for animal feed market growth.
The increasing benefits of butyric acid in the intestinal health and growth performance of animals may increase the demand of the butyric acid for animal feed which are available at reasonable price in the butyric acid for animal feed market. The usage has led to the adoption of butyric acid for the animal feed at the higher rate among manufacturers. Though, the benefits of butyric acid in intestinal health and growth performance can be the driver for the butyric acid for animal feed market. The high production cost of the butyric acid may restrain the growth of the butyric acid for animal feed market.
The newly developed third-generation of the butyric acid in the form of glycerides may upgrade the overall butyric acid for the butyric acid for animal feed market. Thus, this may open new market opportunities for manufacturers as well as consumers which may also find their interest in the third generation butyric acid. The increasing price of the animal feed has led to decrease the usage of raw material which is quite challenging for the manufacturers of the butyric acid for animal feed in the butyric acid for animal feed market.
This 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 butyric acid for animal feed market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Butyric Acid for Animal Feed Market Scope and Market Size
The butyric acid for animal feed market is segmented on the basis of 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 segment for animal feed is dominating because of the easy availability of the material from natural sources in the butyric acid for animal feed 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 segment is dominating because of properties that give better metabolic consequences.
- On the basis of type, the butyric acid for animal feed market is segmented into encapsulated and non-encapsulated. In 2020, encapsulated segment is dominating because of the easy processing techniques.
- 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 in poultry feed.
- 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 segment is dominating because of the consumption among animals when they reach at specific age.
Europe Butyric Acid for Animal Feed Market Country Level Analysis
Europe 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 Europe butyric acid for animal feed market report are Germany, U.K., France, Italy, Russia, Spain, Switzerland, Turkey, Belgium, Netherlands and rest of Europe.
Germany is dominating in the Europe butyric acid for animal feed market because of huge demand of encapsulated butyric acid for animal feed and huge demand of butyric acid in many laboratories for research which has increased the demand for butyric acid for animal feed in the Europe region. The U.K. has facilitated with the second highest market share due to the wide consumption of encapsulated butyric acid as it has large number of pet animals in the country. While, France has been comprised of the third highest market share because of increasing investments related to feed and encapsulated butyric acid for animal feed in the country.
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 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 in Developing Countries
Europe butyric acid for animal feed market also provides you with detailed market analysis for every country growth in installed base of different kind of products for butyric acid for animal feed market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the butyric acid for animal feed market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Butyric Acid for Animal Feed Market Share Analysis
Europe 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, Europe presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to butyric acid for animal feed market.
The major players covered in the Europe butyric acid for animal feed market report are 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, Thermo Fisher Scientific Inc. and Axxence Aromatic GmbH among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments, expansion and other strategies are also initiated by the companies worldwide which are also accelerating the growth of butyric acid for animal feed market.
- In July 2020, Eastman Chemical Company has received the Project of the Year award due to its recycling innovation. The award helps in increasing the sales of the company.
Collaboration, joint ventures and other strategies by the market players is enhancing the company market in the butyric acid for animal feed market which also provides the benefit for organisation to improve their offering for butyric acid for animal feed.
Customization Available: Europe Butyric Acid for Animal Feed Market
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