Dublin, Aug. 25, 2023 (GLOBE NEWSWIRE) -- The "Butyric Acid Derivatives: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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.
Sodium Butyrate, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$438.9 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Calcium Butyrate segment is readjusted to a revised 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 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. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$97.8 Million by the year 2030.
Select Competitors (Total 40 Featured) -
- Bioscreen Technologies S.R.L
- Kemin Industries Inc
- Koninklijke DSM N.V
- Palital Feed Additives B.V
- Perstorp Holdings AB
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 |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. 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
2. FOCUS ON SELECT PLAYERS
3. 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
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/m3coeg
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