Butyric acid in the animal feed market offers various features. It acts as a growth promoter and supports gut health in livestock and poultry. Butyric acid helps improve nutrient absorption, reduce intestinal disorders, and enhance overall animal well-being. The dominating segment is the poultry industry, which utilizes butyric acid extensively to boost broiler and layer performance. It helps in countering challenges such as suboptimal feed efficiency and pathogenic infections. This makes butyric acid a crucial component in modern animal nutrition strategies, driving its prominence in the market.
According to Data Bridge Market Research, the Global Butyric Acid for Animal Feed Market was valued at USD 2335.85 million in 2022 and is expected to reach USD 5080.40 million by 2030, registering a CAGR of 10.20% during the forecast period of 2023 to 2030.
“Escalating demand for nutritious animal feed boost the market’s growth”
The escalating demand for nutritious animal feed serves as a driving force for the butyric acid market in animal nutrition. Butyric acid is recognized for its role in enhancing gut health, improving nutrient absorption, and promoting overall animal well-being. As the livestock and poultry industries increasingly prioritize healthier and more efficient animal production, the demand for butyric acid as a feed additive continues to rise, making it a pivotal component in meeting the nutritional needs of modern livestock and poultry farming.
What restraints the growth of the global butyric acid for animal feed market?
“Growing presence of new trends restraints the market’s growth”
The growing presence of new trends in animal nutrition, such as alternative feed additives and sustainable farming practices, presents a restraint for the butyric acid market in animal feed. As the industry explores innovative solutions, there is competition from novel additives and changing preferences among farmers. Butyric acid must adapt to these evolving trends and demonstrate its continued relevance and effectiveness to maintain its market share and relevance in the dynamic landscape of animal nutrition.
Segmentation: Global Butyric Acid for Animal Feed Market
The global butyric acid for animal feed market is segmented on the basis of product type, animal, type, source, and lifecycle.
- On the basis of product type, the global butyric acid for animal feed market is segmented into sodium butyrate, calcium butyrate, magnesium butyrate, and potassium butyrate.
- On the basis of animal, the global butyric acid for animal feed market is segmented into ruminants, swine, poultry, aquaculture, pets, equine, birds, and others.
- On the basis of type, the global butyric acid for animal feed market is segmented into encapsulated and non-encapsulated.
- On the basis of source, the global butyric acid for animal feed market is segmented into synthetic and natural.
- On the basis of lifecycle, the global butyric acid for animal feed market is segmented into grower feed, finisher feed, starter feed, brooder feed and others.
Regional Insights: North America dominates the Global Butyric Acid for Animal Feed Market
North America is the dominates the butyric acid for animal feed market, both in revenue and market share, owing to its health-promoting attributes that bolster disease resistance in livestock. The region's increasing demand for butyric acid reflects a broader trend toward optimizing animal health. This demand surge underscores the vital role butyric acid plays in enhancing animal well-being, making it a pivotal component in North America's animal feed industry.
Asia-Pacific is poised for rapid growth in the butyric acid for animal feed market from 2023 to 2030, driven by burgeoning consumer business development and heightened awareness of animal nutrition. China, in particular, is at the forefront of this growth due to its increasing demand for animal feed. This surge reflects the region's evolving agricultural landscape and the prioritization of animal health, making it a pivotal market for butyric acid in the animal nutrition sector.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-butyric-acid-for-animal-feed-market
The Prominent Key Players Operating in the Global Butyric Acid for Animal Feed Market Include:
- Eastman Chemical Company (U.S)
- Thermo Fisher Scientific (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.)
- Palital Feed Additives B.V., (Netherlands)
- Trouw Nutrition (India)
- Bioscreen technologies srl (Italy)
- Yufeng International Co.,Ltd (China)
Above are the key players covered in the report, to know about more and exhaustive list of global butyric acid for animal feed market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Butyric Acid for Animal Feed Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
