Butyric Acid Market worth $492 million by 2027 - Exclusive Report by MarketsandMarkets™
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Browse in-depth TOC on "Butyric Acid Market"
150 – Tables
65 – Figures
200 – Pages
List of Key Players in Butyric Acid Market:
These companies have adopted product launches, acquisitions, partnerships, expansions, and merger & acquisition as growth strategies to enhance their position in the butyric acid market.
Drivers and Opportunities in Butyric Acid Industry:
Key Findings of the Study:
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By type, the synthetic butyric acid segment accounted for the largest market share in 2021, in terms of value.
Butyric acid is generally manufactured chemically at the industrial level, due to lower manufacturing cost and the accessibility of the raw materials. This is expected to drive the growth of synthetic butyric acid segment.
By end-use, the animal feed segment accounted for the largest market share in 2021, in terms of value.
The main ways in which butyric acid benefit livestocks intestinal health, welfare, and growth performance include lowering pathogenic microorganisms and preserving the gastrointestinal tracts (GIT) pH. Hence, such factors will increase the demand for butyric acid in animal feed.
The Asia Pacific butyric acid market has the largest market share in 2021, in terms of value.
The Asia Pacific butyric acid market has the largest market share in 2021 in terms of value. The markets growth can be attributed to the growth in population, rise in disposable incomes, rapid urbanization in the Asia Pacific region, and an increase in demand for high-quality meat products.
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