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What's Driving The Butyric Acid Market Size? | Perstorp Holding AB, Eastman Chemical Company, OXEA, Blue Marble Biomaterials, Tokyo Chemical Industry, Snowco industrial Co., Ltd and Beijing Huamaoyuan Fragrance Flavor

07-01-2019 07:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Butyric Acid Market

Butyric Acid Market

Global Butyric Acid Market report 2025 focuses on the major Types and Applications for the key players. The market forecast report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The research report is a professional and in-depth study on the current state of global Industry.

Butyric Acid Market size is rapidly growing in the coming years owing to its increasing application in animal feed, food and pharmaceutical industries across the globe. Butyric acid, also known as butanoic acid is widely found in plant oils and animal fats. These acids can also be prepared by fermentation of starch or sugar through the process of catalytic upgrading.

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The presence of major agrarian economies mainly in the Asia Pacific region has resulted in a surge in demand of the product in animal feed applications, which in turn is adding to the growth of the global butyric acid market. Butyric acid is also widely accepted in the food industry owing to its efficient quality control properties of milk, yogurt and other dairy products. Moreover, the growing awareness of the health benefits of butyric acid such as effective digestion and anti-inflammatory properties among other is set to further augment the global market size during the review period.

In terms of product type, the butyric acid market has been segmented into synthetic and renewable butyric acid. Synthetic butyric acid is produced mainly through chemical synthesis that involves oxidation of butyraldehyde. This method is widely preferred in industrial scale owing to its lower cost. Renewable butyric acid is produced from corn husk and other natural sources.

Among the aforementioned segments, synthetic acid segment was the leading segment in 2018 and is anticipated to exhibit the same trend throughout the forecast period. The renewable butyric acid product type is anticipated exhibit significant growth rate throughout the review period. The low cost of production of synthetic butyric acid along with the easy availability of raw material are the major factors for the growth of the segment.

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In terms of applications, the butyric acid market has been segmented into animal feed, pharmaceuticals, food, perfumes, chemical intermediate and others. Some of the niche applications of butyric acid include biofuel production and other industrial solvent. Among the segments, animal feed was the leading segment in 2018 and is anticipated to retain its leadership position during the forecast period.

Asia Pacific is estimated to grow at a significant CAGR in the butyric acid market mainly due to rising growing demand for the product in pharmaceutical and animal feed applications. The presence of major agricultural dependent countries such as China and India are projected to further augment the market growth throughout the forecast period. Moreover, the presence of major manufacturers of butyric acid in the region shall further aid the demand for the product.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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