Butyric Acid Derivatives Market Size & Growth Analysis to 2030

The global butyric acid derivatives market size is anticipated to register a significant CAGR of over 6% during the forecast period 2021 to 2027. The increasing demand for meat products around the world is a primary factor driving the market growth. The changing lifestyle, growing population, and rising disposable income is expected to increase the demand for meat products which is anticipated to drive the market. Furthermore, the increasing concern about antibiotics in animal feed and the health benefits associated with butyric acid derivatives is projected to propel the market over the forecast period.

Market Drivers:

Growing demand from the animal feed industry: Butyric acid derivatives, such as sodium butyrate and calcium butyrate, are widely used in animal feed additives. They help in improving gut health, enhancing digestion, and promoting the growth and development of livestock animals. With the increasing demand for high-quality animal protein products and the need for improved animal nutrition, the demand for butyric acid derivatives in the animal feed industry is growing.

Rising consumption of processed food and beverages: Butyric acid derivatives find applications as flavoring agents and preservatives in the food and beverage industry. They contribute to the characteristic aroma and taste of various food products. With the increasing consumption of processed food and beverages globally, the demand for butyric acid derivatives as flavoring agents and preservatives is growing.

Growing popularity of pharmaceutical applications: Butyric acid derivatives have pharmaceutical applications, including their use in the treatment of certain gastrointestinal disorders and as an ingredient in drug formulations. The growing prevalence of gastrointestinal diseases and disorders, coupled with the increasing focus on developing effective treatments, drives the demand for butyric acid derivatives in the pharmaceutical industry.

Expansion of the cosmetic and personal care industry: Butyric acid derivatives find applications in the cosmetic and personal care industry as fragrance ingredients, skin conditioning agents, and emollients. The expanding consumer base for cosmetics and personal care products, driven by factors such as rising disposable income, changing lifestyles, and increasing beauty consciousness, contributes to the demand for butyric acid derivatives in this industry.

Increasing focus on animal health and welfare: There is a growing awareness and emphasis on animal health and welfare globally. Butyric acid derivatives play a significant role in promoting gut health and overall well-being in animals. With the increasing focus on sustainable animal production and responsible farming practices, the demand for butyric acid derivatives that enhance animal health and welfare is rising.

Advancements in production technologies: Technological advancements in the production of butyric acid derivatives, such as improved manufacturing processes and the use of renewable feedstock, contribute to market growth. These advancements result in increased production efficiency, reduced production costs, and enhanced product quality, making butyric acid derivatives more accessible to a wider range of industries.

Regulatory support and favorable policies: Supportive regulatory frameworks and favorable policies regarding the use of butyric acid derivatives in various applications drive market growth. Regulations that promote animal health and welfare, food safety, and the use of sustainable ingredients in food and other industries provide opportunities for the adoption of butyric acid derivatives.

Increasing research and development activities: Ongoing research and development activities focusing on the application of butyric acid derivatives in different industries drive market growth. Efforts to explore new applications, improve product performance, and develop innovative derivatives contribute to the expansion of the butyric acid derivatives market.

Market Outlook:

Market Insights:

The global butyric acid derivatives market is bifurcated into type, animal feed, and geography. On the basis of type, the market is further segmented into sodium butyrate, calcium butyrate, and others. The sodium butyrate segment is estimated to grow at a significant growth rate over the forecast period and expected to hold a major market share of over half of the market by 2027. The increasing preference towards less pungent meat is a major factor to drive the segment growth. Furthermore, the growing population is further expected to increase the demand for meat products which is expected to fuel the segment growth.

On the basis of animal feed, the market is segmented into swine, poultry, and others. The swine segment dominated the global butyric acid derivatives market in 2020 and accounted to hold the largest revenue share of over half of the market. The segment is also expected to grow at the trend over the forecast period. The increasing demand for swine meat due to its health benefits is a major factor to drive the segment growth. The increasing demand for white meat such as pork and chicken is further projected to drive the segment growth over the forecast period.

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The butyric acid derivatives comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The butyric acid derivatives market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Market Segmentation:

By Type:

• Sodium Butyrate
• Calcium Butyrate
• Other

By Animal Feed:

• Swine
• Poultry
• Other

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage

Geographically, the butyric acid derivatives market report comprises dedicated sections centering on the regional market revenue and trends. The butyric acid derivatives market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The butyric acid derivatives market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Butyric acid derivatives market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competition Assessment

Some of the major market players operating in the global butyric acid derivatives market are Perstorp Holdings AB, Nutreco N.V., Koninklijke DSM N.V., Kemin Industries Inc., and Bioscreen Technologies S.R.L. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Perstorp Holdings AB
• Nutreco N.V.
• Koninklijke DSM N.V.
• Kemin Industries Inc.
• Bioscreen Technologies S.R.L
• Palital GmbH & Co.
• Innovad
• Anmol Chemicals
• Jainex Specialty Chemicals
• Sanluc International nv

Key Questions Answered by Butyric Acid Derivatives Market Report

• Global butyric acid derivatives market forecasts from 2021-2027
• Regional butyric acid derivatives market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Butyric acid derivatives submarket forecasts from 2021-2027 covering the market by type, by animal feed, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the butyric acid derivatives market
• Analysis of the key factors driving and restraining the growth of the global, regional and country-level butyric acid derivatives markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the butyric acid derivatives market