Butyric Acid Derivatives Market Size, Share, Growth Report 2030 |...

Butyric Acid Derivatives Market Size, Share, Growth Report 2030

Posted 2024-06-18 14:21:12

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Butyric Acid Derivatives Market

The global market for butyric acid derivatives was estimated to be worth USD 630.54 million in 2022 and is expected to grow to USD 967.68 million by the end of 2030, according to a report released by Zion Market Research. Over the course of the projection period, the market is anticipated to rise at a CAGR of 5.50%. The study examines the factors that will propel growth, provide challenges, and affect demand in the global butyric acid derivatives market over the course of the projected period. Additionally, it will support you as you navigate and investigate the new opportunities in the butyric acid derivatives market sector.

Global Butyric Acid Derivatives Market: Overview

Short-chain fatty acids called butyric acid derivatives work by modulating histone acetylation to raise the levels of Hb F. The main applications for the chemical are in animal feed. Numerous advantages are provided by these goods, including better digestion, microbial protection for internal organs, increased body metabolism, and colon health promotion for farm animals.

Butyric Acid Derivatives Market

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Global Butyric Acid Derivatives Market: Growth Factors

Globally, the demand for meat has increased due to population growth, rising living standards, and rising consumer disposable income. This element is probably going to drive market demand. Moreover, it is projected that the demand for butyric acid derivatives will rise due to the change in Westerners' eating patterns from ruminant meat and cattle to pig and poultry. In addition, the therapeutic application of butyric acid derivatives to induce T cell inactivation specific to antigen will drive market growth in the upcoming years. Furthermore, the global expansion of the butyric acid derivatives sector will be driven by the pressing need to reduce the strong smell of the meat.

Global Butyric Acid Derivatives Market: Segmentation

Market segments for butyric acid derivatives include animal feed and product types. The industry is divided into segments based on animal feed: poultry, fish, swine, turkey, pigeon, and duck. The butyric acid derivatives market is divided into calcium butyrate and sodium butyrate segments based on the type of product.

Global Butyric Acid Derivatives Market: Regional Analysis

The butyric acid derivatives market may be categorized into five primary regions, including North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa, based on geographic factors. Given the region's high meat production, the Asia Pacific region is anticipated to lead the global market for butyric acid derivatives throughout the projected period. In addition, the subcontinent's enormous supply of feedstock and multitude of processors of butyric acid derivatives are expected to drive the market's expansion.

Furthermore, in terms of product intake, the Asia Pacific market is expected to benefit from the European market's success. Being the largest producer of pork, the sub-continent will have a significant impact on the size of the market as a whole. Furthermore, Europe's output of chicken meat will add to the growth of the local market. Additionally, the EU has pushed the use of butyric acid as an antibiotic alternative and outlawed the use of antibiotics in animal feed. As a result, the market for derivatives containing butyric acid has grown throughout Europe.

Over the anticipated period, it is anticipated that the North American market for butyric acid derivatives will grow significantly. The significant influence of the universities' present R&D efforts and the profitable use of calcium butyrate and sodium butyrate processors in North America are credited with the region's growth. For the foreseeable future, markets in Latin America, the Middle East, and Africa are expected to experience significant growth and profitability.

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