Europe Butyric Acid Market Segmentation, By Type (Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings and Others) – Industry Trends and Forecast to 2031.
Europe Butyric Acid Market Size
Europe butyric acid market size was valued at USD 124.57 million in 2023 and is projected to reach USD 235.74 million by 2031, with a CAGR of 8.3% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Europe Butyric Acid Key Market Insights
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Segmentation
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By Type: Natural Butyric Acid, Synthetic Butyric Acid
By Derivatives: Sodium Butyrate, Calcium Butyrate and Others
By Application: Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings and Others
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Countries Covered
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Germany, France, U.K., Italy, Russia, Spain, Switzerland, Netherlands, Turkey, Belgium and Rest of Europe
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Key Market Players
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Green Biologics Limited, Eastman Chemical Company, Celanese Corporation, Thermo Fisher Scientific Inc., Axxence Aromatic GmbH, Augustus Oils Ltd., Ennolys (A Subsidiary of Lesaffre Group), ELiE Health Solutions, Kemin Industries, Inc., OXEA GmbH, Perstorp Holding AB, Treatt Plc, Merck KGaA, and Tokyo Chemical Industry Co., Ltd. among others
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Market Opportunities
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Butyric Acid Market Dynamics
The major factors for the consumption of the fast processing food are raising interest towards the healthy food, organic food and demand of the seasonal food that are making their usage and application and are expected to drive the butyric acid market in the future. Butyric acid coming from natural products also includes animal which requires high maintenance of the livestock to generate ample amount of milk for cheese, butter and other dairy products, therefore, high dependency on the agricultural products can restrain the butyric acid market.
It is essential to maintain a proper diet for the animal feed that helps in gaining muscle and providing better health condition to meet the rising demand of the meat, egg and dairy products leading to an increasing opportunity for the butyric acid market to grow. The labors and researchers working in the manufacturing industry have high chances of getting exposed to the toxicity of butyric acid that leads to severe skin problems acting as a challenge for the butyric acid market to grow.
This butyric acid market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Butyric Acid Market Scope
Europe butyric acid market is segmented on the basis of type, derivatives and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type
- Synthetic Butyric Acid
- Natural Butyric Acid
Derivatives
- Sodium Butyrate
- Calcium Butyrate
Application
- Animal Feed
- Chemical Intermediate
- Food and Flavors
- Pharmaceuticals
- Inks
- Paints and coatings
- Perfumes
Butyric Acid Market Regional Analysis
Europe butyric acid market is analyzed and market size information is provided by country, type, derivatives and application as referenced above.
The countries covered in Europe butyric acid market report are Germany, France, U.K., Italy, Russia, Spain, Switzerland, Netherlands, Turkey, Belgium and Rest of Europe.
Germany and France is dominating in Europe butyric acid market due to increasing health benefits and rising demand for animal feed which boosts the demand of butyric acid.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Butyric Acid Market Share
Europe butyric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Europe butyric acid market.
Europe Butyric Acid Market Leaders Operating in the Market Are:
- Green Biologics Limited
- Eastman Chemical Company
- Celanese Corporation
- Thermo Fisher Scientific Inc.
- Axxence Aromatic GmbH
- Augustus Oils Ltd.
- Ennolys (A Subsidiary of Lesaffre Group)
- ELiE Health Solutions
- Kemin Industries, Inc.
- OXEA GmbH
- Perstorp Holding AB
- Treatt Plc
- Merck KGaA
- Tokyo Chemical Industry Co., Ltd
Latest Developments in Butyric Acid Market
In June 2020, Eastman Chemical Company had received the Project of the Year award due to its recycling innovation. The award helps the company to increase their production line and generates revenue of the business in the future
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