Butyric Acid Derivatives Market Share by 2031 | Key Players DSM, The Eastman Chemical Company, etc

Butyric Acid Derivatives Market: Introduction

Transparency Market Research delivers key insights on the global butyric acid derivatives market. In terms of revenue, the global butyric acid derivatives market is estimated to expand at a CAGR of 7.2% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global butyric acid derivatives market.

The global butyric acid derivatives market is broadly affected by several factors, including rise in usage of butyric acid derivatives in animal feed, which is used for swine, poultry, aquaculture, and others. Rise in global demand for nutritious animal feed has led to significant growth in usage of butyric acid derivatives as additives. Increase in production and demand for various animal feed is expected to be the primary driver for the expansion of the butyric acid derivatives market.

Get Report Overview: https://www.transparencymarketresearch.com/butyric-acid-derivatives-market.html 

Butyric Acid Derivatives Market: Key Players

The global butyric acid derivatives market is consolidated with the presence of key players. Prominent players operating in the global butyric acid derivatives market include Perstorp Holding AB, Nutreco, DSM, The Eastman Chemical Company, OQ Chemicals Corporation, Kemin Industries Inc., Palital Feed Additives B.V., Innovad, Alfa Aesar, Balchem Inc., and Kunshan Odowell Co.,Ltd.

Butyric Acid Derivatives Market: Dynamics

Butyric acid derivatives are primarily used in the production of animal feed. The global demand for nutritious animal feed has been increasing at a significant pace. This is boosting the production of butyric acid derivatives in several countries. Thus, increase in production of animal feed containing butyric acid derivatives is propelling the global butyric acid derivatives market.

Butyric acid derivatives, such as butyric acid salts and esters, are used as feed additives in the poultry industry. Chicken is the second-most consumed meat type across the world. Thus, poultry is a prominent segment of the butyric acid derivatives market. Average consumption of butyrate salts for poultry across the globe ranged from 0.3 to 0.45 kg/ton of the feed in 2020.

Get PDF sample for Industrial Insights and business Intelligence: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=22328 

Pigs or swine are primary consumers of butyric acid derivatives in the animal feed application. Studies have shown extraordinary benefits of butyric acid for the health of pigs across all the stages of their life. The usage of butyric acid derivatives, such as sodium and calcium butyrate, results in substantial increase in animal weight, thus raising the yield of pork meat. The recommended dosage of butyric acid salts/butyrate is about 1 to 1.25 kg/ton of the feed.

Feeding has a direct impact on the growth rate, production capacity, and health status of the animal. It has a direct impact on the growth rate and health status of the animal as well as on the animal's product quality. Thus, demand for animal feed with additives has considerably increased since the last few years. This is augmenting the demand for butyric acid derivatives.

Butyric Acid Derivatives Market: Prominent Regions

Asia Pacific dominates the global butyric acid derivatives market. The market in the region is anticipated to expand at a CAGR of more than 8.0% during the forecast period. Increase in demand for tributyrin as an additive in animal feed is driving the butyric acid derivatives market in Asia Pacific. China is a key country of the butyric acid derivatives market in Asia Pacific. It held major share of the butyric acid derivatives market in Asia Pacific in 2020. The country is estimated to maintain its dominant position in the region during the forecast period.

Get Enquiry before buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=22328 

Europe is also a key region of the global butyric acid derivatives market. Rest of Europe led the butyric acid derivatives market in Europe in 2020. The presence of a large number of animal feed manufacturers is driving the demand for butyric acid derivatives in Rest of Europe.

Global Butyric Acid Derivatives Market: Segmentation

Butyric Acid Derivatives Market, by Animal Feed

Poultry

Swine

Aquaculture

Others (including Goats and Sheep)

Click For Custom Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=22328 
Butyric Acid Derivatives Market, by Product

Sodium Butyrate

Calcium Butyrate

Esterified Tributyrin

Others (Potassium Butyrate and Magnesium Butyrate)

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.