PUBLISHER: Lucintel | PRODUCT CODE: 1523259
PUBLISHER: Lucintel | PRODUCT CODE: 1523259
Food Grade Butyric Acid Trends and Forecast
The future of the global food grade butyric acid market looks promising with opportunities in the dairy product and animals feed markets. The global food grade butyric acid market is expected to reach an estimated $422.2 million by 2030 with a CAGR of 12.4% from 2024 to 2030. The major drivers for this market are rising demand for dairy products, growing emphasis on clean label ingredients, and increasing awareness of gut health benefits.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Food Grade Butyric Acid by Segment
The study includes a forecast for the global food grade butyric acid by type, application, and region.
List of Food Grade Butyric Acid Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food grade butyric acid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food grade butyric acid companies profiled in this report include-
Food Grade Butyric Acid Market Insights
Lucintel forecasts that synthetic is expected to witness higher growth over the forecast period.
Within this market, dairy product is expected to witness higher growth over the forecast period.
APAC is expected to witness the highest growth over the forecast period.
Features of the Global Food Grade Butyric Acid Market
Market Size Estimates: Food grade butyric acid market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Food grade butyric acid market size by type, application, and region in terms of value ($M).
Regional Analysis: Food grade butyric acid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the food grade butyric acid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food grade butyric acid market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the food grade butyric acid market size?
Answer: The global food grade butyric acid market is expected to reach an estimated $422.2 million by 2030.
Q2. What is the growth forecast for food grade butyric acid market?
Answer: The global food grade butyric acid market is expected to grow with a CAGR of 12.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the food grade butyric acid market?
Answer: The major drivers for this market are rising demand for dairy products, growing emphasis on clean label ingredients, and increasing awareness of gut health benefits.
Q4. What are the major segments for food grade butyric acid market?
Answer: The future of the food grade butyric acid market looks promising with opportunities in the dairy product and animals feed markets.
Q5. Who are the key food grade butyric acid market companies?
Answer: Some of the key food grade butyric acid companies are as follows:
Q6. Which food grade butyric acid market segment will be the largest in future?
Answer: Lucintel forecasts that synthetic is expected to witness higher growth over the forecast period.
Q7. In food grade butyric acid market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.