South Korea Butyric Acid Derivatives Market Demand by 2031

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.

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

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.

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.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=22328

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.

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.

𝐕𝐢𝐞𝐰 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/butyric-acid-derivatives-market.html

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.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&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.

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.

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.

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁:

Nikhil Sawlani
Transparency Market Research Inc.
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