Asia Pacific industry is likely to hold largest revenue share by 2037. The growth of the market can be attributed majorly to the increasing production of livestock in developing countries such as China, India, Japan, and Korea. It was observed that a significant increase in monogastric livestock, 63 to 75% of total livestock units (LUs), caused the number of livestock units (LUs) in China to triple within 30 years. Moreover, the rising per capita income, growing population, high consumption of poultry products, growing animal husbandry activities, and rising awareness towards the adoption of a healthy lifestyle are factors expected to drive the global butyric acid derivatives market in the region during the forecast period.
Author Credits: Rajrani Baghel
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