Butyric Acid Derivatives Market Outlook (2022-2031)
In 2022, the global butyric acid derivatives market accounts for a valuation of US$ 763 million, and this is anticipated to surge to US$ 1.43 billion by the end of 2031. Butyric acid derivatives industry survey predicts market expansion at a high CAGR of 7.2% from 2022 to 2031.
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Key Segments Covered in Butyric Acid Derivatives Industry Research
Butyric Acid Derivatives Market by Animal Feed :
- Others (including Goats and Sheep)
Butyric Acid Derivatives Market by Product :
- Sodium Butyrate
- Calcium Butyrate
- Esterified Tributyrin
- Others (Potassium Butyrate and Magnesium Butyrate)
Butyric Acid Derivatives Market by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
Competitive Landscape :
Key butyric acid derivative producers are focusing on mergers and acquisitions to expand their business scope and product portfolio that in turn will increase their revenue generation potential.
- In October 2021, Royal DSM a Dutch multinational firm focused on nutrition and health announced the acquisition of Erber Group. The acquisition cost the Dutch firm around US$ 1.3 billion and made Erber’s animal nutrition business products available for both organizations’ customers.