Global Butyric Acid Derivatives Industry Analysis Report 2023: Market to Reach $886.1 Million by 2030 - Growing Concern Over In-Feed Antibiotic Usage Opens Opportunities as a Substitute
Global Butyric Acid Derivatives Market to Reach $886.1 Million by 2030
The global market for Butyric Acid Derivatives estimated at US$496.9 Million in the year 2022, is projected to reach a revised size of US$886.1 Million by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030.
The report presents insights into recent past, current, and future sales trends, accompanied by percentage Compound Annual Growth Rates (CAGR) where applicable. It also offers a 16-year perspective, illustrating the percentage breakdown of value sales for select years within this period.
The report covers product categories such as sodium butyrate, calcium butyrate, and other products used in animal feeds for swine, poultry, and other livestock.
Sodium Butyrate, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$438.9 Million by the end of the analysis period. Growth in the Calcium Butyrate segment is estimated at 7.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $78.7 Million, While China is Forecast to Grow at 8.5% CAGR
The analysis includes annual sales figures in US$ Thousand for the years 2014 through 2030, with a focus on geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
The Butyric Acid Derivatives market in the U.S. is estimated at US$78.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$246.2 Million by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.
What`s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
Report Attribute
Details
No. of Pages
370
Forecast Period
2022 - 2030
Estimated Market Value (USD) in 2022
$496.9 Million
Forecasted Market Value (USD) by 2030
$886.1 Million
Compound Annual Growth Rate
7.5%
Regions Covered
Global
MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of COVID-19 and a Looming Global Recession
Butyric Acid Derivatives - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Butyric Acid Derivatives: An Introduction
Market Outlook
Sodium Butyrate Accounts for Dominant Share
Regional Landscape
Competition
Recent Market Activity
World Brands
MARKET TRENDS & DRIVERS
Growing Concern Over In-Feed Antibiotic Usage Opens Opportunities for Butyric Acid Derivatives as Substitute
Increasing level of Compliance for Ban on Antibiotic Growth Promoters Augurs Well for Market Growth
A Gist of AGP Ban and Prescription Requirements Status in Select Countries
Focus on Animal Disease Management Stimulates Demand
Manufacturers Focus on Product Innovations to Improve Efficacy
Trends in Meat Production and Consumption Influence Growth Opportunities
Global Meat Production Volume in Million Tonnes for Beef & Veal, Pork, and Chicken Meat: 2016-Apr 2020
Global Meat Consumption in Million Tonnes for Beef & Veal, Pork, and Chicken Meat: 2016 - Apr 2020
Swine Sector: A Major Market for Butyric Acid Derivatives
Global Pork Production Volume by Country in Thousand Metric Tons: Jul 2020
Global Pork Consumption by Country (%): Jul 2020
Rising Consumption of Poultry Meat Spurs Opportunities
Global Chicken Meat Production (in 1,000 Metric Tons Ready to Cook Equivalent) by Country for 2016-2020E
Global Chicken Meat Consumption (in 1,000 Metric Tons Ready to Cook Equivalent) by Country for 2016-2020E
Micro-encapsulation Aids in Enhanced Utilization Rates
Macro Trends Influencing Demand
Expanding Global Population and Continuous Rise In Meat Consumption to Drive Demand
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Changing Consumer Lifestyles and Growing Demand for Processed Meat
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