DUBLIN--(BUSINESS WIRE)--The "Global Butyric Acid Market by Type (Synthetic, Renewable), End-use (Animal Feed, Chemical Intermediates, Pharmaceuticals, Food & Flavors, Human Dietary Supplements), and Region (Asia-Pacific, North America, Europe, Rest of the World) - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global butyric acid market is projected to grow from USD 317 million in 2022 to USD 492 million by 2027, at a CAGR of 9.2% from 2022 to 2027. The growing animal feed segment, along with the rise in consumption of processed foods, is driving the market.
Companies Mentioned
- Central Drug House
- Eastman Chemical Company
- Hefei TNJ Chemical Industry Co. Ltd.
- Kemin Industries, Inc.
- Kunshan Odowell Co. Ltd.
- Merck KGaA
- OQ Chemicals GmbH
- Palital Feed Additives B.V.
- Perstorp
- RX Chemicals
- Sisco Research Laboratories Pvt. Ltd.
- Snowco
- Spectrum Chemical
- Tokyo Chemical Industry Co. Ltd.
- Yufeng International Group Co. Ltd.
The synthetic butyric acid segment is projected to grow at the highest CAGR during the forecast period, in terms of volume
Butyric acid is generally produced industrially utilizing chemical synthesis from petrochemical feedstocks. A propylene feedstock is used in chemical synthesis because it is readily available, inexpensive, and majorly used in the petrochemical sector. The easy availability and low cost of manufacturing is expected to drive the segment.
The human dietary supplements segment is projected to grow at the highest CAGR during the forecast period, in terms of volume
Butyric acid is essential for improving digestive health, reducing inflammation, protecting the brain, controlling weight, and preventing cancer. The body's gut bacteria convert foods which one cannot digest into butyrate, which has a variety of positive health effects. Such characteristics of butyric acid is expected to drive the segment.
Asia-Pacific butyric acid market is projected to grow at the highest CAGR during the forecast period, in terms of volume
The Asia-Pacific butyric acid market is projected to grow at the highest CAGR during the forecast period. The countries in the region have substantial growth prospects for the butyric acid market because of factors such as increase in the purchasing power of the population and demand for protein-rich meat diets, thereby driving the butyric acid market in the region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.1.1 Market Dynamics
5.1.2 Drivers
5.1.3 Restraints
5.1.4 Opportunities
5.1.5 Challenges
6 Industry Trends
6.1 Value Chain Analysis
6.2 Ecosystem
6.3 Porter's Five Forces Model
6.4 Pricing Analysis
6.4.1 Average Selling Price Trend
6.4.2 Average Selling Price of Key Players
6.5 Tariff and Regulatory Landscape
6.6 Patent Analysis
6.7 Case Study Analysis
6.8 Technology Analysis
6.9 Trade Data
6.10 Key Stakeholders & Buying Criteria
6.10.1 Key Stakeholders in Buying Process
6.10.2 Buying Criteria
7 Butyric Acid Market, by Type
7.1 Introduction
7.2 Synthetic
7.3 Renewable
8 Butyric Acid Market, by End-use
8.1 Introduction
8.2 Animal Feed
8.3 Chemical Intermediate
8.4 Food & Flavors
8.5 Pharmaceutical
8.6 Human Dietary Supplements
8.7 Others
9 Butyric Acid Market, by Region
9.1 Introduction
9.2 Asia-Pacific
9.2.1 China
9.2.2 India
9.2.3 Others
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Italy
9.3.4 Others
9.4 North America
9.4.1 US
9.4.2 Others
9.5 Rest of World
9.5.1 Middle East and Africa
9.5.2 South America
10 Competitive Landscape
10.1 Introduction
10.2 Key Players Strategies
10.3 Revenue Analysis of Top 5 Market Players
10.4 Market Share Analysis
10.5 Company Evaluation Quadrant, 2021
10.5.1 Stars
10.5.2 Emerging Leaders
10.5.3 Pervasive Players
10.5.4 Participants
10.6 Start-up/SME Evaluation Matrix, 2021
10.6.1 Progressive Companies
10.6.2 Dynamic Companies
10.6.3 Responsive Companies
10.6.4 Starting Blocks
10.7 Competitive Benchmarking
10.8 Competitive Scenario
11 Company Profiles
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/xgs3o7.
