Global Butyric Acid Market Size Study, by Type (Synthetic, Renewable), by End-use (Animal Feed, Chemical Intermediates, Pharmaceuticals, Food & Flavors, Human Dietary Supplements) and Regional Forecasts 2022-2032

Description

The Global Butyric Acid Market is valued approximately at USD 346.16 million in 2023 and is anticipated to grow with a robust growth rate of more than 9.20% over the forecast period 2024-2032.Butyric acid, a short-chain fatty acid, is renowned for its diverse applications across industries such as animal feed, pharmaceuticals, and food and flavors. Known for its distinctive pungent aroma, butyric acid plays a pivotal role in enhancing digestive health when utilized in feed additives and human dietary supplements. It also serves as a chemical intermediate in the production of bio-based polymers and pharmaceuticals, underscoring its versatility. The market is experiencing an upward trajectory fueled by an increased demand for sustainable and renewable chemical solutions.

The growing inclination toward renewable resources and bio-based production techniques is reshaping the Butyric Acid Market. The agriculture and animal feed sectors are particularly driving this growth as butyric acid is increasingly utilized to improve animal gut health and productivity. Furthermore, its incorporation in food and flavoring agents enhances product quality and shelf life, attracting significant attention in the food processing industry. Technological advancements in synthetic and renewable production processes are enabling cost-efficient and scalable solutions. However, challenges such as the strong odor of butyric acid and the availability of alternatives could moderately restrain market growth over the coming years.

The regional analysis of the Global Butyric Acid Market highlights diverse growth patterns. North America remains a dominant region, primarily driven by extensive use in animal feed and pharmaceuticals, coupled with a robust infrastructure for research and development. Europe, with its stringent regulations promoting sustainable and eco-friendly products, also commands a significant market share. The Asia-Pacific region is emerging as the fastest-growing market, driven by the expansion of agriculture, food processing, and pharmaceutical industries in countries like China, India, and Japan. Latin America and the Middle East & Africa show steady growth potential, supported by rising awareness and investment in agricultural advancements.

Major market players included in this report are:

Croda International Plc
Eastman Chemical Company
BASF SE
Blue Marble Biomaterials
Perstorp Holding AB
Oxea GmbH
GFBiochemicals Ltd.
Vigon International Inc.
Tokyo Chemical Industry Co., Ltd.
Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
Yufeng International Co., Ltd.
Snowco Industrial Co., Ltd.
Zhonglan Industry Co., Ltd.
Elekeiroz S.A.
Ennore India Chemicals

The detailed segments and sub-segment of the market are explained below:

By Type

Synthetic
Renewable

By End-use

Animal Feed
Chemical Intermediates
Pharmaceuticals
Food & Flavors
Human Dietary Supplements

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Butyric Acid Market Executive Summary

1.1. Global Butyric Acid Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Butyric Acid Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Butyric Acid Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand from Agriculture Sector
- 3.1.2. Expanding Applications in Pharmaceuticals
- 3.1.3. Growth in Food & Flavors Industry
3.2. Market Challenges
- 3.2.1. Strong Odor and Handling Issues
- 3.2.2. Availability of Alternative Compounds
3.3. Market Opportunities
- 3.3.1. Rising Demand for Human Dietary Supplements
- 3.3.2. Innovations in Chemical Intermediates
- 3.3.3. Expansion in Emerging Markets

Chapter 4. Global Butyric Acid Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Butyric Acid Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Butyric Acid Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Synthetic
- 5.2.2. Renewable

Chapter 6. Global Butyric Acid Market Size & Forecasts by End-use 2022-2032

6.1. Segment Dashboard
6.2. Global Butyric Acid Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Animal Feed
- 6.2.2. Chemical Intermediates
- 6.2.3. Pharmaceuticals
- 6.2.4. Food & Flavors
- 6.2.5. Human Dietary Supplements

Chapter 7. Global Butyric Acid Market Size & Forecasts by Region 2022-2032

7.1. North America Butyric Acid Market
- 7.1.1. U.S. Butyric Acid Market
  - 7.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. End-use Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Butyric Acid Market
7.2. Europe Butyric Acid Market
- 7.2.1. UK Butyric Acid Market
- 7.2.2. Germany Butyric Acid Market
- 7.2.3. France Butyric Acid Market
- 7.2.4. Spain Butyric Acid Market
- 7.2.5. Italy Butyric Acid Market
- 7.2.6. Rest of Europe Butyric Acid Market
7.3. Asia-Pacific Butyric Acid Market
- 7.3.1. China Butyric Acid Market
- 7.3.2. India Butyric Acid Market
- 7.3.3. Japan Butyric Acid Market
- 7.3.4. Australia Butyric Acid Market
- 7.3.5. South Korea Butyric Acid Market
- 7.3.6. Rest of Asia Pacific Butyric Acid Market
7.4. Latin America Butyric Acid Market
- 7.4.1. Brazil Butyric Acid Market
- 7.4.2. Mexico Butyric Acid Market
- 7.4.3. Rest of Latin America Butyric Acid Market
7.5. Middle East & Africa Butyric Acid Market
- 7.5.1. Saudi Arabia Butyric Acid Market
- 7.5.2. South Africa Butyric Acid Market
- 7.5.3. Rest of Middle East & Africa Butyric Acid Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Croda International Plc
- 8.1.2. Eastman Chemical Company
- 8.1.3. BASF SE
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Croda International Plc
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Eastman Chemical Company
- 8.3.3. BASF SE
- 8.3.4. Blue Marble Biomaterials
- 8.3.5. Perstorp Holding AB
- 8.3.6. Oxea GmbH
- 8.3.7. GFBiochemicals Ltd.
- 8.3.8. Vigon International Inc.
- 8.3.9. Tokyo Chemical Industry Co., Ltd.
- 8.3.10. Beijing Huamaoyuan Fragrance Flavor Co., Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes