IMARC Group, a leading market research company, has recently released a report titled “Butyric Acid Market Report by Type (Synthetic, Bio-based), Derivative (Sodium Butyrate, Calcium Butyrate, and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavor, Pharmaceutical, Perfume, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the global butyric acid market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global butyric acid market size reached US$ 234.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 687.6 Million by 2032, exhibiting a growth rate (CAGR) of 12.3% during 2024-2032.
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Global Butyric Acid Market Trends:
The increasing environmental concerns and the ongoing shift towards reducing reliance on fossil fuels, prompting manufacturers to explore more eco-friendly ways to produce butyric acid, are creating a positive outlook for the market.
Additionally, the growing utilization of bio-based butyric acid in the packaging industry, where it is used in the production of biodegradable plastics, is fostering the market growth.
Furthermore, the rising popularity of organic farming that creates new opportunities for butyric acid as a pesticide and fertilizer, offering a natural solution for enhancing soil health and crop yield, is fueling the market growth.
Factors Affecting the Growth of the Butyric Acid Industry:
- Increasing Demand in the Animal Feed Industry:
The growing awareness of the benefits of butyric acid in animal nutrition is one of the major factors driving the market growth. In line with this, the increasing utilization of butyric acid in animal feed, such as poultry and swine production, due to its ability to promote gut health and enhance nutrient absorption, is fostering the market growth. It acts as a powerful antimicrobial agent, helping to maintain a healthy balance of gut flora and reduce the incidence of gastrointestinal diseases.
Moreover, the growing population and the heightened need to meet the meat consumption demand, thereby boosting the adoption of efficient and sustainable animal feed solutions is catalyzing the market growth. Butyric acid also plays a role in improving feed efficiency, leading to better growth rates in livestock and reduced feed costs.
- Rising Applications in Food and Beverage Industry:
The widespread utilization of butyric acid in the food and beverage (F&B) industry as a flavoring agent and food additive is positively impacting the market growth.
Moreover, the rising product popularity for its distinct aroma and taste, leading to its application in the production of various food products, including dairy, confectionery, and baked goods is enhancing the market growth. It enhances the flavor profile of these products, providing a rich buttery note that is highly valued in the industry.
Apart from this, the growing consumer preference for natural and organic ingredients in food products, leading to an increased demand for butyric acid, as it is naturally present in foods like butter and cheese, is fueling the market growth.
- Expanding Use in Pharmaceuticals and Cosmetics:
The rising utilization of butyric acid in the pharmaceutical and cosmetics industries is contributing to the market growth. In line with this, the growing demand for butyric acid and its derivatives in pharmaceuticals owing to their health-promoting properties, particularly in gastrointestinal therapies, is strengthening the market growth. Butyric acid is known for its ability to support colon health and has been explored in treatments for conditions such as inflammatory bowel disease (IBD) and irritable bowel syndrome (IBS). Apart from this, the widespread product application in the cosmetics industry, owing to its skin health benefits, is fueling the market growth.
It is used in formulations aimed at improving skin barrier function and hydration, as well as in anti-aging products due to its ability to stimulate collagen production and reduce inflammation.
Butyric Acid Market Report Segmentation:
By Type:
- Synthetic
- Bio-based
Synthetic represented the largest segment due to its widespread availability and cost-effective production methods.
By Derivative:
- Sodium Butyrate
- Calcium Butyrate
- Others
Sodium butyrate accounted for the largest market share owing to its extensive use in animal nutrition and gut health improvement.
By Application:
- Animal Feed
- Chemical Intermediate
- Food and Flavor
- Pharmaceutical
- Perfume
- Others
Animal feed represented the largest segment, driven by the rising demand for efficient livestock production and the shift towards antibiotic-free feed additives.
Regional Insights:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Asia Pacific’s dominance in the butyric acid market is attributed to the expanding livestock industry and growing demand for food and feed additives.
Competitive Landscape with Key Players:
The competitive landscape of the butyric acid market size has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
- Blue Marble Biomaterials LLC (Socati Corporation)
- Eastman Chemical Company
- OQ Chemicals
- Perstorp Holding AB
- Snowco Industrial Co. Ltd.
- Thermo Fisher Scientific Inc.
- Tokyo Chemical Industry Co. Ltd.
- Axxence Aromatic GmbH
- Kemin Industries Inc.
- Zhonglan Industry Co. Ltd.
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Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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