Global Butyric Acid Market to Grow at 14.4% During 2022-2027, Bolstered by Growing Applications in Diverse Industries

June 21, 2021

As per the latest report by IMARC Group, titled “Butyric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global butyric acid market reached a value of US$ 177.1 Million in 2021. Butyric acid is a colorless and organic acid majorly derived from animal fats such as buffalo, sheep and goat milk. It is also found in rancid butter and arnica oil and is industrially manufactured by fermenting starch and sugar with putrefying cheese and calcium carbonate. It involves the oxidation of butyraldehyde that is obtained from propylene, derived by oxo-synthesis from crude oil. Nowadays, butyric acid is manufactured at a relatively low rate, yield and concentration than the traditional butyric acid fermentation process.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global Butyric Acid Market Trends:

The global butyric acid market is primarily driven by the increasing demand for renewable butyric acid and the growing need for clean energy sources such as biofuel. Butyric acid is employed as a precursor to biofuels, which offer environmental advantages such as security of supply, reduction in greenhouse gas emissions and improved sustainability. Besides this, butyric acid is widely used in the pharmaceutical sector to manufacture drugs, especially for cancer treatment. Moreover, there has been an increase in the utilization of butyric acid in the animal feed industry for swine and poultry as it helps maintain animal intestinal health and growth performance. In addition to this, rapid urbanization and changing lifestyles, along with rising investments for developing the food processing and chemical industries, are further driving the market growth. Looking forward, the market is expected to grow at a CAGR of 14.4% during the forecast period (2022-2027).

Market Summary: 

  • Based on the type, the market has been segmented into synthetic and bio-based butyric acid.
  • On the basis of the derivative, the market has been classified as sodium butyrate, calcium butyrate, and others.
  • The market has been categorized based on the application into animal feed, chemical intermediate, food and flavor, pharmaceutical, perfume, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Blue Marble Biomaterials LLC (Socati Corporation), Eastman Chemical Company, OQ Chemicals GmbH, Perstorp Holding AB, Snowco Industrial Co. Ltd., Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Axxence Aromatic GmbH, Kemin Industries Inc., and Zhonglan Industry Co. Ltd.


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Global Butyric Acid Market to Grow at 14.4% During 2022-2027, Bolstered by Growing Applications in Diverse Industries
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More