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North America Butyric Acid Market Report 2028 By Alfa Aesar, Eastman Chemical Company, Hefei TNJ Chemical Industry Co., Ltd., Kunshan Odwell Co., Ltd., MERCK KGaA, OQ Chemicals GmbH

05-19-2022 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Business Market Insights

North America Butyric Acid Market

North America Butyric Acid Market

According to a new market research report "North America Butyric Acid Market" by Component Application, Deployment Mode, Vertical, and Region forecast to 2028 published by Business Market Insights, The butyric acid market in North America is expected to grow from US$ 40.62 million in 2021 to US$ 108.37 million by 2028. It is estimated to grow at a CAGR of 15.0% from 2021 to 2028.

In recent years, the livestock industry in various countries has expanded rapidly with the shift in diet preferences among consumers toward animal proteins. Population growth, income surge, elevating living standards, and urbanization have been the key factors propelling the demand for meat worldwide. Pork and poultry dominate meat consumption. Poultry is perceived as a cost-effective protein source. The increasing demand for meat products highlights the need for animal feed and feed additives. The rise in domestic need for meat stimulates the rapid development of the feed industry in the country. The growing demand for animal feed products in different regions is boosting the demand for butyric acid, thereby bolstering the market.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.businessmarketinsights.com/sample/TIPRE00029142?utm_source=OpenPR&utm_medium=10466

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include:

• Alfa Aesar
• Eastman Chemical Company
• Hefei TNJ Chemical Industry Co., Ltd.
• Kunshan Odwell Co., Ltd.
• MERCK KGaA
• OQ Chemicals GmbH
• Perstorp Holding AB
• Tokyo Chemical Industry Co., Ltd.
• Vigon International, LLC.
• Yufeng International Co., Ltd.

With COVID-19, the entire workforce has experienced a transition toward remote working, paving a way for North America Butyric Acid solution and hardware products. The reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on North America Butyric Acid solutions.

Browse Full Report URL: https://www.businessmarketinsights.com/reports/north-america-butyric-acid-market?utm_source=OpenPR&utm_medium=10466

The North America butyric acid market is analyzed on three fronts: Source, application, and country. Based on source, the market has been segmented into renewable butyric acid and synthetic butyric acid. The renewable butyric acid segment held the largest market share in 2020.

This report provides:

1) An overview of the market for North America Butyric Acid Market and related technologies.
2) Analyses of North America Butyric Acid market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for North America Butyric Acid Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods -https://www.businessmarketinsights.com/buy/single/TIPRE00029142?utm_source=OpenPR&utm_medium=10466

Contact US:

Business Market Insights
Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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