Global Butyric Acid Market, By Type (Renewable Butyric Acid, Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate, Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements, Others) – Industry Trends and Forecast to 2030.
Butyric Acid Market Analysis and Size
The food, animal feed, and pharmaceutical industries frequently use a particular kind of fatty acid called butyric acid. In the synthesis of numerous chemicals, such as esters, butanol, and butyl acetate, it is also employed as a chemical intermediate. Butyric acid is being used more and more in animal feed. Butyric acid is the main raw material used to create different butyrate salts and glycerine esters, also referred to as butyrins. Butyric acid is used to support animal health because it is necessary for them. Because the right kind of feed is necessary to provide animals with nutrient-rich ingredients, butyric acid is advantageous to the animal feed industry. Products containing butyric acid encourage increased animal production, a healthy diet for animals, and better wellbeing.
Data Bridge Market Research analyses that the butyric acid market, valued at USD 317 million in 2022, will reach USD 687.47 million by 2030, growing at a CAGR of 10.16% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Butyric Acid Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Renewable Butyric Acid, Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate, Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements, Others)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Market Players Covered
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Eastman Chemical Company (U.SPerstorp (Sweden), Oxea GmbH (Germany), Zhonglan Industry Co., Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Alfa Aesar (U.S.), Jinan Haohua Industry Co., Ltd.(China), Solvay (Belgium), Celanese Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Aldon Corporation (U.S.), Yufeng International Group Co., Ltd (China), Weifang Qiyi Chemical Co., Ltd. (China), ELiE Health Solutions (India), Kemin Industries, Inc. (U.S.), Advanced Biotech (U.S.), Hefei TNJ Chemical Industry Co.,Ltd. (China), Vigon International, LLC. (U.S.), Axxence Aromatic GmbH (Germany), Augustus Oils Ltd. (U.K.), Ennolys (France)
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Market Opportunities
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Market Definition
Butyric acid, also referred to as butanoic acid, is a carboxylic acid that can form salts and esters with butanoates and butyrates. It is frequently discovered in the milk of farm animals such as buffalo, sheep, and goats. It has a foul odor and a bitter taste. Industrial butyric acid production involves fermenting starch or sugar with putrefying cheese added, then adding calcium carbonate to balance the acids produced during the process. Additionally, hogweed oil and parsnip contain octyl butyrate and hexyl butyrate, respectively, of this fermented butyric acid.
Butyric Acid Market Dynamics
Drivers
- Production of biofuels and bioplastics drives the market
The creation of bioplastics and biofuels. Butyric acid can be produced by fermenting renewable biomass sources such as sugar cane, corn, and lignocellulosic materials. This makes it a desirable feedstock for the production of biofuels, which are renewable and leave a smaller carbon footprint than traditional fossil fuels. Butyric acid is a key ingredient in the production of bioplastics, which can be composted or biodegraded and are derived from renewable biomass sources. Providing an alternative to traditional plastics is what fuels market expansion.
- Increasing use in medical field drives the market
Butyric acid can be used to treat inflammatory bowel diseases such as Crohn's disease and ulcerative colitis. It has anti-inflammatory properties. Butyric acid is being investigated as a potential treatment for infections that are resistant to antibiotics because it has been demonstrated to have antibacterial properties. Butyric acid can be used to control gene expression and treat genetic disorders because it inhibits histone deacetylase, thus it results into expansion of the market growth.
Opportunities
- Food and beverage industry creates expansion in the market
Butyric acid is a preservative and flavoring substance used in the food and beverage industry. Through, the growing demand for natural and organic products, butyric acid has a growing market potential as a natural preservative and flavoring agent. Baking goods, dairy products, and confectionery are a few of the foods that butyric acid is used to flavor, Furthermore, it tastes strongly of butter. Additionally, butyric acid is used to improve the texture and tenderness of meat during processing. Additionally, it can help the market by improving the flavor of processed meats such as ham and sausage.
- Anti-inflammatory properties creates expansion in the market
Butyric acid has anti-inflammatory properties that can help to lessen skin irritation, redness, and inflammation. By preventing the skin from releasing pro-inflammatory cytokines and other inflammatory mediators, it reduces the inflammatory response. In skin care products for sensitive or inflamed skin, such as skin that is prone to acne or rosacea, it therefore works well. There are numerous uses for the adaptable substance butyric acid in skin care. Through its hydrating and anti-inflammatory qualities, it is a popular ingredient in skin care products. It is frequently combined with other ingredients to create products that address specific skin problems and promote market expansion.
Restraints/Challenges
- Odour arising from acids can impede the market growth
A naturally occurring fatty acid called butyric acid can be found in some plant oils and animal fats. The main problem is the butyric acid's overpowering odor. It has a distinct rancid smell that can be particularly lingering and disagreeable. In the locations where it is produced or stored, this may result in issues. Butyric acid has a strong, unpleasant odor and taste that can be off-putting to some people. This can make it difficult to use in certain applications, such as food and beverage products. Butyric acid's taste and odor may be disgusting to some people. It might be difficult to use in some applications as a result, such as products for food and drink.
- Irritating to the skin and eyes restricts the market growth
Although butyric acid can irritate the skin and eyes, this is not likely to stop the substance from being used more frequently. Butyric acid is widely used in a variety of sectors, including the food and beverage, pharmaceutical, and agricultural industries. Even though it is imperative to handle the substance carefully to prevent skin and eye irritation, there are established safety guidelines and protocols in place to ensure safe handling. It is more likely that other factors, such as its poor stability, low solubility, and offensive flavor and odor, will limit the growth of butyric acid as a compound.
This butyric acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the butyric acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2022, Perstorp expanded its innovative range of broiler feed solutions with the launch of Gastrivix Avi. It is a special gut health treatment that combines valeric and butyric acid's advantages.
- In 2022, The first 100% bio-based butyric acid for animal nutrition produced in France will be marketed in France, according to an agreement between METEX NVISTA and ALINOVA. With the help of this partnership, ALINOVA will be able to meet the demands of its clients for natural and sustainable ingredients by expanding its line-up of technical, performance-enhancing products.
- In 2020, Through innovative recycling strategy, Eastman Chemical Company was given the Project of the Year award. By introducing new products to the market, the award assists the company in growing business sales.
- In 2020, The acetic acid pathway to acrylic acid has a technology licensing agreement that was signed by Celanese Corporation. The agreement helps in generating the revenue and increases the customer base of the business.
Global Butyric Acid Market Scope
The butyric acid market is segmented on the basis of type, derivatives and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Renewable Butyric Acid
- Natural Butyric Acid
- Synthetic Butyric Acid
Derivatives
- Sodium Butyrate
- Calcium Butyrate
- Others
Application
- Animal Feed
- Chemical Intermediate
- Food and Flavors
- Pharmaceuticals
- Perfumes
- Inks
- Paints and Coatings
- Human Dietary Supplements
- Others
Butyric Acid Market Regional Analysis/Insights
The butyric acid market is analysed and market size insights and trends are provided by type, derivatives and application as referenced above.
The countries covered in the butyric acid market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia pacific dominates the market for butyric acid. China is dominating in the region of Asia pacific butyric acid market owing to the growing consumption of processed food. Further increasing demand for the animal feed has created the expansion in the market.
Furthermore, Europe is considered to be the fastest growing region, owing to rising meat consumption in Germany.
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 down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Butyric Acid Market Share Analysis
The 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to butyric acid market.
Some of the major players operating in the butyric acid market are:
- Eastman Chemical Company (U.S.)
- Perstorp (Sweden)
- Oxea GmbH (Germany)
- Zhonglan Industry Co., Ltd. (China)
- Tokyo Chemical Industry Co., Ltd. (Japan)
- Alfa Aesar (U.S.)
- Jinan Haohua Industry Co., Ltd.(China)
- Solvay (Belgium)
- Celanese Corporation (U.S.)
- Thermo Fisher Scientific Inc. (U.S.)
- Aldon Corporation (U.S.)
- Yufeng International Group Co., Ltd (China)
- Weifang Qiyi Chemical Co., Ltd. (China)
- ELiE Health Solutions (India)
- Kemin Industries, Inc. (U.S.)
- Advanced Biotech (U.S.)
- Hefei TNJ Chemical Industry Co., Ltd. (China)
- Vigon International, LLC. (U.S.)
- Axxence Aromatic GmbH (Germany)
- Augustus Oils Ltd. (U.K.)
- Ennolys (France)
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