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Global Butyric Acid market report, size, share, trends and forecast to 2028
According to Stratistics MRC, the Global Butyric Acid Market is accounted for $317.0 billion in 2022 and is expected to reach $599.36 billion by 2028 growing at a CAGR of 11.2% during the forecast period.Butyric acid is a carboxylic acid that is frequently present in plant oils and animal fats in its esterifies form. It is also known by the chemical names butanoic acid and n-Butyric acid. A colourless liquid with a strong, overpowering odour is butyric acid. It has a buttery flavour and is a flavouring ingredient in food production. In ethanol, ether, and water, butyric acid is soluble. When handling butyric acid, safety precautions include the wearing of protective eyewear, gloves made of PVC or rubber, and shoes resistant to chemicals because it is highly corrosive to metals and tissue. Butyric acid is often made by fermenting starch or sugar for industrial uses.
Animal feed sometimes uses butyric acid as a raw ingredient, particularly for pigs and fowl. Due to its distinct characteristics, it stands out among the short-chain fatty acids. Additionally, butyric acid increases the efficiency of food digestion and increases resistance to colonisation by promoting the release of enzymes and stabilising the microbiota. As a result, butyric acid is a common feed ingredient for young animals all over the world and growth performance has increased, especially under less than ideal conditions.
By geography, Europe is anticipated to hold the largest market share during the forecast period owing to the demand for butyric acid rising due to the increased health advantages and rising need for animal feed. The geographical part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Data points including import-export taxes, regulatory laws, country demographics, and new sales and replacement sales are some of the key indicators utilised to anticipate the market environment for certain countries.
Some of the key players profiled in the Butyric Acid Market include Kemin Industries, Inc, Snowco, Eastman Chemical Company, Perstorp, Hefei TNJ Chemical Industry Co.,Ltd, Yufeng International Group Co., Ltd., Sisco Research Laboratories Pvt. Ltd., RX Chemicals, Spectrum Chemical, OQ Chemicals GmbH, Palital Feed Additives B.V., Tokyo Chemical Industry Co., Ltd., Shanghai Kayi Chemical Co., Ltd., Thermo Fisher Scientific, Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
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By Types:
• Renewable
• Synthetic
By Derivatives:
• Calcium butyrate
• Sodium butyrate
• Magnesium butyrate
• Potassium butyrate
• Other Derivatives
By Applications:
• Food & Flavors
• Animal Feed
• Human Dietary Supplements
• Chemical Intermediates
• Pharmaceuticals
• Biofuel
• Cosmetic
• Leather Tanning
• Perfumes
• Plasticizer
• Other Applications
By End Users:
• Chemical Industries
• Personal Care
• Paints & Coatings
• Food & Beverage
• Agriculture
• Other End Users
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Stratistics MRC offers a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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