Butyric acid derivatives are salts and esters of butyric acid also known as botanoic acid. Salts of butyric acid are predominant segment of butyric acid derivatives market. Salts of butyric acid include sodium butyrate, calcium butyrate, potassium butyrate, magnesium butyrate etc. Of these salts, sodium butyrate and calcium butyrate have substantially high demand. Butyric acid is a corrosive and very foul smelling carboxylic acid, hence it is usually converted into salts and esters for handling and application. Butyric acid derivatives are profoundly used in animal feed application, butyrate are known to improve gastrointestinal health and prevent microbial infections and ailments in poultry, pigs, fishes, and ruminants.
Asia Pacific is closely followed by Europe on account of the prohibition on the usage of antibiotics in many European countries in order to improve the meat yield from farm animals. This has created massive opportunities for butyric acid derivatives to be used as a substitute for antibiotic growth promoters, leading to an impressive rise in the Europe market for butyric acid derivatives in the years to come.
Although the future of this market looks thriving, the emergence of propionic acid, propionates, and formic acid as a substitute of butyric acid derivatives may hamper the market’ growth to some extent over the next few years.
North America is also anticipated to witness significant growth in their market share over the forthcoming years. With North America being a leading producer of chicken and turkey meat in the world, the demand for butyric acid derivatives in the poultry segment is remarkably high in this region. The increasing demand for white meat in North America is likely to create lucrative opportunities for the growth of this regional market in the next few years.
According to this study, over the next five years the Butyric Acid Derivatives market will register a 5.3% CAGR in terms of revenue, the global market size will reach US$ 660 million by 2024, from US$ 510 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Butyric Acid Derivatives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Butyric Acid Derivatives market by product type, application, key manufacturers and key regions and countries.
This study considers the Butyric Acid Derivatives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Sodium Butyrate
Calcium Butyrate
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pig
Poultry
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sodium Butyrate
Calcium Butyrate
Other
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Butyric Acid Derivatives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Butyric Acid Derivatives market by identifying its various subsegments.
Focuses on the key global Butyric Acid Derivatives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Butyric Acid Derivatives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Butyric Acid Derivatives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Butyric Acid Derivatives. Industry analysis & Market Report on Butyric Acid Derivatives is a syndicated market report, published as Global Butyric Acid Derivatives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Butyric Acid Derivatives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.