Butyric acid market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 8.3% in the forecast period of 2020 to 2027and expected to reach USD 171,385.68 Thousand by 2027. Growing demand of animal feed which increase the demand of butyric acid are the factors for the market growth.
Butyric Acid Derivatives Market to Grow Two-Fold by 2027 as Application in Poultry and Swine Feed Rises
Butyric acid market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 8.3% in the forecast period of 2020 to 2027and expected to reach USD 171,385.68 Thousand by 2027. Growing demand of animal feed which increase the demand of butyric acid are the factors for the market growth.
Butyric Acid Market
Europe Butyric Acid Market Scope and Market Size
Europe butyric acid market is segmented on the basis of type, derivatives and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the butyric acid market is segmented into synthetic butyric acid and natural butyric acid. In 2020, natural butyric acid is dominating the market because of the easy processing techniques in the market.
- On the basis of derivatives, the butyric acid market is segmented into sodium butyrate, calcium butyrate and others. In 2020, sodium butyrate is dominating the market because of growing application in animal feed.
- On the basis of application, the butyric acid market is segmented into animal feed, chemical intermediate, food and flavors, pharmaceuticals, inks, paints and coatings, perfumes and others. In 2020, animal feed is dominating the market because of the growing health benefits which maintains health of animals.
Market Analysis and Insights: Europe Butyric Acid Market
The major factors for the consumption of the fast processing food are raising interest towards the healthy food, organic food and demand of the seasonal food that are making their usage and application and are expected to drive the butyric acid market in the future. Butyric acid coming from natural products also includes animal which requires high maintenance of the livestock to generate ample amount of milk for cheese, butter and other dairy products, therefore, high dependency on the agricultural products can restrain the butyric acid market.
It is essential to maintain a proper diet for the animal feed that helps in gaining muscle and providing better health condition to meet the rising demand of the meat, egg and dairy products leading to an increasing opportunity for the butyric acid market to grow. The labors and researchers working in the manufacturing industry have high chances of getting exposed to the toxicity of butyric acid that leads to severe skin problems acting as a challenge for the butyric acid market to grow.
This butyric acid market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Europe Butyric Acid Market Country Level Analysis
The countries covered in Europe butyric acid market report are
- Germany,
- France,
- U.K.,
- Italy,
- Russia,
- Spain,
- Switzerland,
- Netherlands,
- Turkey,
- Belgium
- Rest of Europe.
Europe region is dominating in various countries such as Germany and France to increasing health benefits and increasing demand for animal feed which boosts the demand of butyric acid.
Key Players Europe Butyric Acid Market
The major players covered in the report are
- Green Biologics Limited,
- Eastman Chemical Company,
- Celanese Corporation,
- Thermo Fisher Scientific Inc.,
- Axxence Aromatic GmbH,
- Augustus Oils Ltd.,
- Ennolys (A Subsidiary of Lesaffre Group),
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three:
- Chapter Four:
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