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Butyric Acid Market Set to Soar to USD 644.32 Million by 2030, Fueled by Sustainable Practices

05-08-2024 06:03 AM CET | Chemicals & Materials

Press release from: SNS Insder

Butyric-Acid-Market

Butyric-Acid-Market

The growing demand for renewable butyric acid in the food & flavor & pharmaceuticals sectors, an upsurge in the number of consumers of meat, and a ban on the consumption of antibiotics in animal feed in some countries drive the butyric acid market.

The SNS Insider report indicates that The Butyric Acid Market size was valued at USD 321 million in 2022. It is estimated to hit USD 644.32 million by 2030 and grow at a CAGR of 9.1% over the forecast period of 2023-2030. The butyric acid market is experiencing significant growth attributed to its widespread applications across various industries, including food and beverage, pharmaceuticals, animal feed, and chemical manufacturing. Butyric acid, a short-chain fatty acid, is known for its distinct odor and plays a crucial role as a flavoring agent, preservative, and nutritional supplement in the food industry. It is commonly used in the production of food additives, such as esters, which impart a buttery flavor to snacks, bakery products, and dairy items, driving its demand in the food and beverage sector.

Moreover, the pharmaceutical industry is a key consumer of butyric acid, utilizing it for the production of pharmaceutical intermediates, active pharmaceutical ingredients (APIs), and drugs targeting various health conditions. Butyric acid's antimicrobial and anti-inflammatory properties make it a valuable ingredient in medications for treating digestive disorders, inflammation, and microbial infections, further fueling its demand in the pharmaceutical sector. Additionally, butyric acid finds extensive use in animal feed formulations as a feed additive to improve gut health, enhance nutrient absorption, and promote animal growth and development. Its ability to stimulate the growth of beneficial bacteria in the gastrointestinal tract of animals contributes to improved digestion and overall animal health, driving its adoption by livestock and poultry farmers.

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Some of the Key Players Included are:

The major key players are Eastman Chemical Company, OQ Chemicals GmbH, Perstorp Holding AB, Blue Marble Biomaterials, Tokyo Chemical Industry Co. Ltd, Alfa Aesar, OXEA GmbH, Beijing Huamaoyuan Fragrance Flavor Co. Ltd, Snowco industrial Co. Ltd, Palital Feed Additives B.V., and other key players mentioned in the final report.

Market Report Scope:

The rise in animal feed demand, ban on antibiotics, and focus on renewable butyric acid for food and pharmaceuticals drive butyric acid market growth. The pharmaceutical industry's growth, especially in weight management and cancer treatment, further boosts the butyric acid market.

Market Analysis:

The main drivers of the butyric acid market include increasing demand from various end-user sectors and the prohibition of antibiotic usage in animal feed in some nations. The unpleasant odor of butyric acid poses a challenge, but the rising demand for renewable butyric acid in the food and flavor industries creates a significant market opportunity. As meat consumption grows, so does butyric acid production. The market is also influenced by the prevalence of animal diseases, particularly in regions with low per capita meat consumption like Asia. The strict regulations on antibiotics open up opportunities for butyric acid in animal feed.

Make Enquiry About Butyric Acid Market Report@ https://www.snsinsider.com/enquiry/3689 

Segment Analysis:

By Type, synthetic butyric acid dominated with a revenue share of about 61.3% in 2022 due to its superior purity and consistency, making it a preferred choice for various industries.

By Type

Synthetic
Renewable
 
By Derivatives

Sodium Butyrate
Calcium Butyrate
Others
 
By End-use

Pharmaceuticals
Chemical Intermediates
Biofuels
Human Dietary Supplements
Food Additives & Flavoring
Cosmetic
Animal Feed
Leather Tanning
Plasticizer
Others

Key Regional Development:

The Asia Pacific region is expected to dominate the Butyric Acid market, growing at a CAGR of about 9.4% during 2023-2030. The growth is driven by dietary pattern changes leading to increased meat consumption, industrialization of meat production, and the need for renewable-based feed.

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Key Takeaways:

The Butyric Acid Market is set to reach USD 644.32 million by 2030.
Synthetic butyric acid dominates due to superior purity and consistency.
Animal feed drives market volume, given butyric acid's role in immune response and anti-inflammatory properties.
Recent Developments:

In April 2022, OQ Chemicals implemented a price increase for n-butyric acid due to supply and demand factors.
In March 2022, Perstorp introduced Gastrivix™ Avi, combining valeric and butyric acid for gut health in broiler feed solutions.
Buy the Latest Version of Butyric Acid Market Report 2023-2030@  https://www.snsinsider.com/checkout/3689 

Table of Contents - Major Key Points

Introduction
Research Methodology
Market Dynamics
Impact Analysis
COVID-19 Impact Analysis
Impact of Ukraine- Russia war
Impact of ongoing Recession
Value Chain Analysis
Porter's 5 Forces Model
PEST Analysis
Butyric Acid Market Segmentation, By Type
Butyric Acid Market Segmentation, By Derivatives
Butyric Acid Market Segmentation, By End-use
Regional Analysis
Company Profiles
Competitive Landscape
Use Case and Best Practices
Conclusion
 
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Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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