Butyric acid derivatives are mainly used in animal feed applications for salts and butyric acid esters. These derivatives offer several advantages, including increased digestion, enriched metabolism and protection against harmful microbes. They also support farm animals ' colon health. There are different kinds of salts and esthers available on the market, such as sodium butyrate, potassium butyrate, calcium butyrate, magnesium butyrate and tributyrin. However, the highly consumed butyric acid derivatives worldwide include sodium and calcium Butyrate. To reduce pungent odor and corrosion it is important to transform butyric acid into butyric acid products. So most butyric acid is produced in the form of salt or transformed into the form of salt.
The report provides analysis of global Butyric Acid Derivatives market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Butyric Acid Derivatives market is expected to grow at noteworthy CAGR around 6.8 % throughout the forecast period and reach around US$ 170 million by 2026.
During the forecast period, the market in butyric acid derivatives will expand by 10.3% at CAGR. Population growth, improvements in living standards and increased disposable income have increased meat demand. Meat demand has increased. The demand for butyric acid derivatives is expected to be boosted in turn. It is also estimated that the demand for butyric acid derivatives and other feed additives is shifted from ruminant and beef to chicken and pork. The animal husbandry industry has for many years now used antibiotics and antibiotic growth promoters (AGPs). However, developed regions such as Europe and North America have started to experience the threats posed by misuse of antibiotics. Europe has banned the use of antibiotics and AGPs for farm use; carboxylic acid and derivatives are being used instead of AGPs. It is anticipated that this replacement of AGPs by butyric acid derivatives will be an important driver in the butyric acid market.
The global demand for meat is expected to increase economic conditions and living standards. Due to the robust growth in poultry and pork production, in particular asia pacific, Europe and North America, the feed segment is forecast to be significant. In addition, in order to reduce threats from abuse, Europe is levying bans against the use of antibiotics on animals. Another major driver for the market in butyric acid derivatives is to increase the substitution of these antibiotics with butyric acid and other organic acids.
The product is based on sodium butyric acid derivatives, butyrates and other products (including esterified tributyrines), and is divided into calcium butyrate. Sodium butyrate is widely used in animal feed throughout the industry. The pungency is reduced and butyric acid is easier to handle and use. Sodum Butyrate, as sodium Butyrate provides important advantages over other derivatives, is the leading product segment. Compared with its calcium counterpart, it has better solubility. Sodium butyrate also has a high antibiotic effect compared to other derivatives. In addition, molecules of sodium butyrate are smaller than calcium. Sodium butyrate has a lower smell intensity and pungence. In addition, the price of butyrate sodium is generally lower than that of butyrate calcium. Therefore, in all regions around the world, the overall performance of butyric acid sodium salt is better.
Animal Feed Stance
The market for butyric acid products may be divided up into poultry, swines, and other products (including ruminants, aquaculture, and pets), based on animal feed. White meat demands such as pork and chicken, particularly in the Asia-Pacific, are rising significantly. The global market for butyric acid derivatives is boosting this increase in demand and production. The Swine sector is the market leader in Asia-Pacific and Europe for butyric acid derivatives. In the rest of the regions, however, the poultry sector leads. Pigs require a higher lifetime of butyric acid derivatives. This drives sodium and calcium butyrate demand. However, the Middle East & Africa segment of poultry dominated in 2018, since the region mainly produces poultry meat.
As far as geography is concerned, Asia Pacific was the main consumer of derivatives of butyric acid in 2018. Butyric acid products are widely used in the region's meat production. Because of its high acceptance rate in animal feed applications, China is a major consumer of butyric acid derivatives. As far as volume is concerned, China alone accounted for over 30% of the market share in 2018. In addition, butyric acid derivatives are the country's leading manufacturer. In Asia Pacific, there is anticipated to be a major source of feed and a variety of butyric acid derivatives processors in the region. As regards consumption, Europe followed Asia Pacific. The region is a leading pork manufacturer. During the forecast period, the market in North America is likely to grow significantly. The effects on universities and processors of sodium butyrates and calcium butyrate on ongoing research and development in North America and Europe are significant. As such, during the forecast period, the market for butyric acid derivatives in these regions is projected to increase rapidly.
Global Butyric Acid Derivatives Market, by Animal Feed
Global Butyric Acid Derivatives Market, by Product
Global Butyric Acid Derivatives Market, by Geography
The market research study on “Butyric Acid Derivatives Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Butyric Acid Derivatives market segments with market dynamics and their impact. The report also covers basic technology development policies.
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In the report, the basics of butyric acid derivatives were first introduced: definitions, categories, applications and market overviews. Specifications of products; processes of production. It also analyzed the principal conditions in the world's market regions, including the price of the product, profit, production capacity, supply, demand and growth in the market and forecast etc.
Key Players & Strategies
Perstorp Holdings AB, Nutreco N.V., Koninklijke DSM N.V., Kemin Industries Inc., Bioscreen Technologies S.R.L, and Palital GmbH & Co. are the major companies operating in the market of butyric acid derivatives. KG. Butyric acid derivatives manufacturers concentrate on research and product development activities in the application of animal feed to meet increased demand for butyric acid derivatives. This strategy allows major actors to meet the increase in animal feed needs and to gain a dominant share of the market for butyric acid derivatives.
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