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Butyric Acid Derivatives Market

Butyric Acid Derivatives Market

Butyric Acid Derivatives Market Analysis By Product (Sodium Butyrate, Calcium Butyrate, Esterified Tributyrin, Potassium Butyrate and Magnesium Butyrate) By Animal Feed (Poultry, Swine & Aquaculture) & By Region – Global Market Insights 2022-2031

Butyric Acid Derivatives Market
FACT7334MR

Butyric Acid Derivatives Market Outlook (2022-2031)

In 2022, the global butyric acid derivatives market accounts for a valuation of US$ 763 million, and this is anticipated to surge to US$ 1.43 billion by the end of 2031. Butyric acid derivatives industry survey predicts market expansion at a high CAGR of 7.2% from 2022 to 2031.

Report Attributes

Details

Butyric Acid Derivatives Market Size (2022)

US$ 763 Million

Projected Year Value (2031F)

US$ 1.43 Billion

Global Market Growth Rate (2022-2031)

7.2% CAGR

Key Companies Profiled

  • Nutreco N.V.
  • The Eastman Chemical Company
  • Koninklijke DSM N.V.
  • Kemin Industries Inc.
  • Bioscreen Technologies S.R.L
  • Innovad
  • Palital GmbH & Co. KG.
  • Alfa Aesar
  • OQ Chemicals
  • KUNSHAN ODOWELL CO. LTD.

Demand for sodium butyrate is projected to be highest among all products in the butyric acid derivatives industry. Increasing demand for animal products such as meat and eggs is expected to propel demand for butyric acid derivatives across the forecast period.

Butyric Acid Derivative Consumption Analysis (2017-2021) in Comparison to Market Growth Forecasts (2022-2031)

Butyric acid is converted into stable salts and esters for better ease of application in multiple end uses. Increasing scope of application of these derivatives across industry verticals such as fragrances, pharmaceuticals, animal feed, etc., is also expected to boost the sales of butyric acid derivatives over the coming years.

Butyric acid derivatives have found a good scope of use in animal feed as they are used to regulate the gastrointestinal health of animals and enhance digestion and improve metabolism. Increasing use of butyric acid derivatives in animal chemical feed is expected to be the major factor propelling butyric acid derivatives market growth over the forecast period.

Increasing demand for meat, growing population, increasing awareness of the benefits of meat consumption, increasing focus on animal health, rising incidence of animal diseases, and growing demand for fish are prominent factors that will influence the shipments of butyric acid derivatives over the coming years.

However, stringent regulations regarding butyric acid derivative manufacturing are expected to slow down butyric acid derivatives market growth. Increasing awareness about food safety is also expected to have an unpredictable impact on the butyric acid derivatives market potential across the forecast period.

Consumption of butyric acid derivatives is expected to rise at a CAGR of 7.2% from 2022 to 2031.

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How is Butyric Acid Derivatives Market Growth Being Positively Impacted?

“Rising Consumption of Meat & Dairy Products to Positively Impact Industry Potential”

The population of the world has seen a substantial rise over the past few years and this has also led to a notable increase in demand for animal-based and animal-derived products across the globe, thereby driving consumption of feed sucrose as well.

Butyric acid derivatives are used to reduce the strong meat smell characteristic of animal-derived products and demand for this is predicted to propel butyric acid derivatives market potential through 2031.

Butyric acid derivatives market forecast by Fact.MR

What Should Butyric Acid Derivative Manufacturers Be Aware About?

“Rising Veganism Trend Could Potentially Slow Down Butyric Acid Derivative Demand”

The world has seen a substantial rise in the popularity of plant-based vegan diets and this is expected to reduce the consumption of animal-derived products which can allegedly restrain the butyric acid derivatives market growth over the coming years.

Butyric acid derivative manufacturers are making changes to their business models and are trying to incorporate this trend to ensure minimal loss of revenue as this trend of veganism gains impetus.

How is Demand for Butyric Acid Derivatives Faring in the Asian Region?

“Rising Demand for Meat, Poultry, & Dairy Products to Boost Industry Growth across Asia”

The regions of South Asia and East Asia are anticipated to provide highly lucrative opportunities for butyric acid derivative vendors across the forecast period. Increasing consumption of dairy products, meat and poultry products from the growing population in these regions is expected to boost market growth through 2031.

Presence of animal-based product manufacturers, rising prevalence of animal diseases, and high demand for animal feed are major factors expected to drive butyric acid derivative sales through 2031.

However, increasing popularity of vegan foods and rising demand for plant-based products are expected to slow down butyric acid derivatives market growth to a certain extent.

China and India are projected to be the most rewarding markets in the aforementioned regions throughout the forecast period.

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Country-wise Insights

Why Will China Be a Rewarding Market for Butyric Acid Derivative Suppliers?

“High Demand for Pork to Drive Consumption of Butyric Acid Derivatives”

China is a highly lucrative market for butyric acid derivative manufacturers owing to the high demand for meat, poultry, and dairy products. Pork has emerged as a major export in the nation in recent times and has propelled the demand for pig farming and breeding in the nation.

Increasing demand for swine feed is expected to favor demand for butyric acid derivatives in the nation. Low breeding and rearing costs of pigs in the nation will further bolster demand for swine animal feed and subsequently drive the butyric acid derivatives market potential through 2031.

Category-wise Insights

Which Product Exhibits a Dominant Market Outlook?

“Sodium Butyrate Holds Major Market Share”

Sodium butyrate is projected to account for a significant market share throughout the forecast period. Increasing demand for less pungent meat is expected to further boost the consumption of sodium butyrate over the coming years. Increasing demand for pigs is also expected to influence sodium butyrate demand as they contain high amounts of these derivatives.

Rising use of calcium butyrate in animal feed is projected to offer lucrative opportunities throughout the forecast period.

Which Animal Feed Segment Will Provide Rewarding Opportunities for Butyric Acid Derivative Manufacturers?

“Swine Animal Feed Segment Leads Butyric Acid Derivative Consumption”

Increasing consumption of pork has substantially affected the demand for pig feed and pig farming. This factor is expected to propel butyric acid derivative shipments for swine animal feed across the world.

China is anticipated to be a highly lucrative market for butyric acid derivative suppliers owing to the high demand for pork and the increasing popularity of pig farming in the nation.

How is the Butyric Acid Derivatives Market Performing through the Pandemic?

The world was engulfed in coronavirus infections in the first quarter of 2020 as the global pandemic situation was initiated in Wuhan, China. This led to major changes in the global business landscape and hence caused multiple markets to topple under these unprecedented pandemic times. Demand for butyric acid derivatives also experienced a drop in 2020.

Lockdown restrictions across multiple nations led to the closure of butyric acid derivatives manufacturing facilities and hampered the market potential. Lapses in logistics and disrupted international trade activities are other factors that had a restraining effect on the global butyric acid derivatives market.

The butyric acid derivatives market is projected to make a steady comeback in the post-pandemic world as restrictions are lifted and the world returns to normal. Increasing demand for meat and poultry products will prominently influence market potential in the post-pandemic era.

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Competitive Landscape :

Key butyric acid derivative producers are focusing on mergers and acquisitions to expand their business scope and product portfolio that in turn will increase their revenue generation potential.

  • In October 2021, Royal DSM a Dutch multinational firm focused on nutrition and health announced the acquisition of Erber Group. The acquisition cost the Dutch firm around US$ 1.3 billion and made Erber’s animal nutrition business products available for both organizations’ customers.

Key Segments Covered in Butyric Acid Derivatives Industry Research

  • Butyric Acid Derivatives Market by Animal Feed :

    • Poultry
    • Swine
    • Aquaculture
    • Others (including Goats and Sheep)
  • Butyric Acid Derivatives Market by Product :

    • Sodium Butyrate
    • Calcium Butyrate
    • Esterified Tributyrin
    • Others (Potassium Butyrate and Magnesium Butyrate)
  • Butyric Acid Derivatives Market by Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

The global butyric acid derivatives market stands at a net worth of US$ 763 million in 2022.
The global market for butyric acid derivatives is predicted to reach US$ 1.43 billion by 2031.
Sales of butyric acid derivatives are estimated to rise at a high CAGR of 7.2% from 2022 to 2031.
Key manufacturers of butyric acid derivatives are Nutreco N.V., The Eastman Chemical Company, Koninklijke DSM N.V., Kemin Industries Inc., Bioscreen Technologies S.R.L, Innovad, Palital GmbH & Co. KG., and Alfa Aesar.
Increasing consumption of meat, rising prevalence of animal diseases, and growing focus on animal health are expected to be major market drivers over the forecast period.

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