Butyric Acid Market was valued at US$ 345.15 Mn in 2022 and expected to reach US$ 969.60 Mn by 2029, at a CAGR of 15.9% during the forecast period. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report Butyric acid is an organic compound and one of the carboxylic acids which is largely obtained from propylene by employing various processes, for example, Oxo-synthesis. Butyric acid is a volatile fatty acid that can be used as a flavoring agent. It has a fruity or cheesy flavor and is mainly found in dairy products. Salts and esters of butyric acid are known as butyrates or butanoates. Butyric acid is found in animal fat and plant oils, bovine milk, breast milk, butter, parmesan cheese, and as a product of anaerobic fermentation (including in the colon and as body odor). The global butyric acid market is witnessing growth owing to the increasing demand from its applications, such as animal feed, chemical intermediate, food & Flavors, pharmaceuticals, perfumes, and others. Butyric acid is considered the most efficient energy source for intestinal cells, causing it to become a major raw material for animal feeds, especially for poultry and swine. The animal feed segment is projected to be the fastest-growing end-user application of the butyric acid market during the forecast period. The second biggest application segment is the chemicals intermediate segment. The synthetic butyric acid segment is the most popular type in the butyric acid market. In poultry and swine, reduced usage of antibiotics in animal feed and a preference for synthetic butyric acid in food & flavor and pharmaceutical sectors. The major driver in the market is rising demand from various end-user industries and a ban on the consumption of antibiotics in animal feed in some countries. The Asia Pacific is the largest and fastest growing market. India and China are the two major countries for market growth. Due to the rising demand for meat, and food & flavours, increasing concerns for animal care. The future growth of the industry would be increased by the investments in animal feed and chemical industry in Asia-Pacific and North America. The key companies profiled in the Global Butyric Acid Market Report are Oxea Gmbh, Eastman Chemical Company, Perstorp Holding Ab, Blue Marble Biomaterials, Tokyo Chemical Industry Co., Ltd. and Beijing Huamaoyuan Fragrance Flavor Co., Ltd. The report covers the total market for Butyric Acid has been analyzed based on the Porter's five forces model. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries.
Butyric Acid Market Scope: Inquire before buying
Global Butyric Acid Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 345.15 Mn. Forecast Period 2023 to 2029 CAGR: 15.9% Market Size in 2029: US $ 969.60 Mn. Segments Covered: by Type Synthetic Butyric Acid Renewable Butyric Acid by Application Animal Feed Chemicals Intermediate Food & Flavors Pharmaceuticals Perfumes Others Butyric Acid Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Butyric Acid Market Key Players:
1. Oxea Gmbh 2. Eastman Chemical Company 3. Perstorp Holding Ab 4. Blue Marble Biomaterials 5. Tokyo Chemical Industry Co., Ltd. 6. Beijing Huamaoyuan Fragrance Flavor Co., Ltd. 7. Zhonglan Industry Co.,Ltd., 8. Weifang Qiyi Chemical Co., Ltd., 9. ELiE Health Solutions, 10.Kemin Industries, Inc, 11.OXEA GmbH, 12.Advanced Biotech, 13.Hefei TNJ Chemical Industry Co.,Ltd., 14.Vigon International, 15.Green Biologics Limited, Frequently Asked Questions: 1. Which region has the largest share in Global Butyric Acid Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Butyric Acid Market? Ans: The Global Butyric Acid Market is growing at a CAGR of 15.9 % during forecasting period 2023-2029. 3. What is scope of the Global Butyric Acid market report? Ans: Global Butyric Acid Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Butyric Acid market? Ans: The important key players in the Global Butyric Acid Market are – Oxea Gmbh, Eastman Chemical Company, Perstorp Holding Ab, Blue Marble Biomaterials, Tokyo Chemical Industry Co., Ltd., Beijing Huamaoyuan Fragrance Flavor Co., Ltd., Zhonglan Industry Co.,Ltd.,, Weifang Qiyi Chemical Co., Ltd.,, ELiE Health Solutions,, Kemin Industries, Inc,, OXEA GmbH,, Advanced Biotech,, Hefei TNJ Chemical Industry Co.,Ltd.,, Vigon International,, Green Biologics Limited 5. What is the study period of this market? Ans: The Global Butyric Acid Market is studied from 2022 to 2029.
Global Butyric Acid Chemicals Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Abbreviations 3. Executive Summary 3.1. Global Butyric Acid Chemicals Market Volume (MT) and Value (US$ Mn), by Region 4. Market Overview 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Challenges 4.3. Market Analysis 4.3.1. Value Chain Analysis 4.3.2. Pricing Analysis 4.3.3. Market Risk analysis 4.3.4. Porter’s Analysis 5. Global Butyric Acid Chemicals Market Analysis and Forecast 5.1. Global Butyric Acid Chemicals Market Analysis and Forecast 5.2. Global Butyric Acid Chemicals Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. South America 6. Global Butyric Acid Chemicals Market Analysis and Forecast, by Type 6.1. Introduction and Definition 6.2. Global Butyric Acid Chemicals Market Size (US$ Mn) Forecast, by Type 6.3. Global Butyric Acid Chemicals Market Value Share Analysis, by Type 6.4. Global Butyric Acid Chemicals Market Attractiveness Analysis, by Type 7. Global Butyric Acid Chemicals Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Global Butyric Acid Chemicals Market Size (US$ Mn) Forecast, by Application 7.3. Global Butyric Acid Chemicals Market Value Share Analysis, by Application 7.4. Global Butyric Acid Chemicals Market Attractiveness Analysis, by Application 8. Global Butyric Acid Chemicals Market Analysis, by Region 8.1. Global Butyric Acid Chemicals Market Size (US$ Mn) Forecast, by Region 8.2. Global Butyric Acid Chemicals Market Value Share Analysis, by Region 8.3. Global Butyric Acid Chemicals Market Attractiveness Analysis, by Region 9. North America Butyric Acid Chemicals Market Analysis 9.1. North America Butyric Acid Chemicals Market Overview 9.2. North America Butyric Acid Chemicals Market Value Share Analysis, by Type 9.3. North America Butyric Acid Chemicals Market Forecast, by Type 9.3.1. Synthetic Butyric Acid 9.3.2. Renewable Butyric Acid 9.4. North America Butyric Acid Chemicals Market Value Share Analysis, by Application 9.5. North America Butyric Acid Chemicals Market Forecast, by Application 9.5.1. Animal Feed 9.5.2. Chemicals Intermediate 9.5.3. Food & Flavors 9.5.4. Pharmaceuticals 9.5.5. Perfumes 9.5.6. Others 9.6. North America Butyric Acid Chemicals Market Value Share Analysis, by Country 9.7. North America Butyric Acid Chemicals Market Forecast, by Country 9.7.1. U.S 9.7.2. Canada 9.8. North America Butyric Acid Chemicals Market Analysis, by Country 9.9. U.S. Butyric Acid Chemicals Market Forecast, by Type 9.9.1. Synthetic Butyric Acid 9.9.2. Renewable Butyric Acid 9.10. U.S. Butyric Acid Chemicals Market Forecast, by Application 9.10.1. Animal Feed 9.10.2. Chemicals Intermediate 9.10.3. Food & Flavors 9.10.4. Pharmaceuticals 9.10.5. Perfumes 9.10.6. Others 9.11. Canada Butyric Acid Chemicals Market Forecast, by Type 9.11.1. Synthetic Butyric Acid 9.11.2. Renewable Butyric Acid 9.12. Canada Butyric Acid Chemicals Market Forecast, by Application 9.12.1. Animal Feed 9.12.2. Chemicals Intermediate 9.12.3. Food & Flavors 9.12.4. Pharmaceuticals 9.12.5. Perfumes 9.12.6. Others 9.13. North America Butyric Acid Chemicals Market Attractiveness Analysis 9.13.1. By Type 9.13.2. By Application 9.14. PEST Analysis 9.15. Key Trends 9.16. Key Developments 10. Europe Butyric Acid Chemicals Market Analysis 10.1. Key Findings 10.2. Europe Butyric Acid Chemicals Market Overview 10.3. Europe Butyric Acid Chemicals Market Value Share Analysis, by Type 10.4. Europe Butyric Acid Chemicals Market Forecast, by Type 10.4.1. Synthetic Butyric Acid 10.4.2. Renewable Butyric Acid 10.5. Europe Butyric Acid Chemicals Market Value Share Analysis, by Application 10.6. Europe Butyric Acid Chemicals Market Forecast, by Application 10.6.1. Animal Feed 10.6.2. Chemicals Intermediate 10.6.3. Food & Flavors 10.6.4. Pharmaceuticals 10.6.5. Perfumes 10.6.6. Others 10.7. Market Value Share Analysis, by Country 10.8. Europe Butyric Acid Chemicals Market Forecast, by Country 10.8.1. Germany 10.8.2. U.K. 10.8.3. France 10.8.4. Italy 10.8.5. Spain 10.8.6. Rest of Europe 10.9. Europe Butyric Acid Chemicals Market Analysis, by Country/ Sub-region 10.10. Germany Butyric Acid Chemicals Market Forecast, by Type 10.10.1. Synthetic Butyric Acid 10.10.2. Renewable Butyric Acid 10.11. Germany Butyric Acid Chemicals Market Forecast, by Application 10.11.1. Animal Feed 10.11.2. Chemicals Intermediate 10.11.3. Food & Flavors 10.11.4. Pharmaceuticals 10.11.5. Perfumes 10.11.6. Others 10.12. U.K. Butyric Acid Chemicals Market Forecast, by Type 10.12.1. Synthetic Butyric Acid 10.12.2. Renewable Butyric Acid 10.13. U.K. Butyric Acid Chemicals Market Forecast, by Application 10.13.1. Animal Feed 10.13.2. Chemicals Intermediate 10.13.3. Food & Flavors 10.13.4. Pharmaceuticals 10.13.5. Perfumes 10.13.6. Others 10.14. France Butyric Acid Chemicals Market Forecast, by Type 10.14.1. Synthetic Butyric Acid 10.14.2. Renewable Butyric Acid 10.15. France Butyric Acid Chemicals Market Forecast, by Application 10.15.1. Animal Feed 10.15.2. Chemicals Intermediate 10.15.3. Food & Flavors 10.15.4. Pharmaceuticals 10.15.5. Perfumes 10.15.6. Others 10.16. Italy Butyric Acid Chemicals Market Forecast, by Type 10.16.1. Synthetic Butyric Acid 10.16.2. Renewable Butyric Acid 10.17. Italy Butyric Acid Chemicals Market Forecast, by Application 10.17.1. Animal Feed 10.17.2. Chemicals Intermediate 10.17.3. Food & Flavors 10.17.4. Pharmaceuticals 10.17.5. Perfumes 10.17.6. Others 10.18. Spain Butyric Acid Chemicals Market Forecast, by Type 10.18.1. Synthetic Butyric Acid 10.18.2. Renewable Butyric Acid 10.19. Spain Butyric Acid Chemicals Market Forecast, by Application 10.19.1. Animal Feed 10.19.2. Chemicals Intermediate 10.19.3. Food & Flavors 10.19.4. Pharmaceuticals 10.19.5. Perfumes 10.19.6. Others 10.20. Rest of Europe Butyric Acid Chemicals Market Forecast, by Type 10.20.1. Synthetic Butyric Acid 10.20.2. Renewable Butyric Acid 10.21. Rest of Europe Butyric Acid Chemicals Market Forecast, by Application 10.21.1. Animal Feed 10.21.2. Chemicals Intermediate 10.21.3. Food & Flavors 10.21.4. Pharmaceuticals 10.21.5. Perfumes 10.21.6. Others 10.22. Europe Butyric Acid Chemicals Market Attractiveness Analysis 10.22.1. By Type 10.22.2. By Application 10.23. PEST Analysis 10.24. Key Trends 10.25. Key Developments 11. Asia Pacific Butyric Acid Chemicals Market Analysis 11.1. Key Findings 11.2. Asia Pacific Butyric Acid Chemicals Market Overview 11.3. Asia Pacific Butyric Acid Chemicals Market Value Share Analysis, by Type 11.4. Asia Pacific Butyric Acid Chemicals Market Forecast, by Type 11.4.1. Synthetic Butyric Acid 11.4.2. Renewable Butyric Acid 11.5. Asia Pacific Butyric Acid Chemicals Market Value Share Analysis, by Application 11.6. Asia Pacific Butyric Acid Chemicals Market Forecast, by Application 11.6.1. Animal Feed 11.6.2. Chemicals Intermediate 11.6.3. Food & Flavors 11.6.4. Pharmaceuticals 11.6.5. Perfumes 11.6.6. Others 11.7. Asia Pacific Butyric Acid Chemicals Market Value Share Analysis, by Country 11.8. Asia Pacific Butyric Acid Chemicals Market Forecast, by Country 11.8.1. China 11.8.2. India 11.8.3. Japan 11.8.4. ASEAN 11.8.5. Rest of Asia Pacific 11.9. Asia Pacific Butyric Acid Chemicals Market Analysis, by Country/ Sub-region 11.10. China Butyric Acid Chemicals Market Forecast, by Type 11.10.1. Synthetic Butyric Acid 11.10.2. Renewable Butyric Acid 11.11. China Butyric Acid Chemicals Market Forecast, by Application 11.11.1. Animal Feed 11.11.2. Chemicals Intermediate 11.11.3. Food & Flavors 11.11.4. Pharmaceuticals 11.11.5. Perfumes 11.11.6. Others 11.12. India Butyric Acid Chemicals Market Forecast, by Type 11.12.1. Synthetic Butyric Acid 11.12.2. Renewable Butyric Acid 11.13. India Butyric Acid Chemicals Market Forecast, by Application 11.13.1. Animal Feed 11.13.2. Chemicals Intermediate 11.13.3. Food & Flavors 11.13.4. Pharmaceuticals 11.13.5. Perfumes 11.13.6. Others 11.14. Japan Butyric Acid Chemicals Market Forecast, by Type 11.14.1. Synthetic Butyric Acid 11.14.2. Renewable Butyric Acid 11.15. Japan Butyric Acid Chemicals Market Forecast, by Application 11.15.1. Animal Feed 11.15.2. Chemicals Intermediate 11.15.3. Food & Flavors 11.15.4. Pharmaceuticals 11.15.5. Perfumes 11.15.6. Others 11.16. ASEAN Butyric Acid Chemicals Market Forecast, by Type 11.16.1. Synthetic Butyric Acid 11.16.2. Renewable Butyric Acid 11.17. ASEAN Butyric Acid Chemicals Market Forecast, by Application 11.17.1. Animal Feed 11.17.2. Chemicals Intermediate 11.17.3. Food & Flavors 11.17.4. Pharmaceuticals 11.17.5. Perfumes 11.17.6. Others 11.18. Rest of Asia Pacific Butyric Acid Chemicals Market Forecast, by Type 11.18.1. Synthetic Butyric Acid 11.18.2. Renewable Butyric Acid 11.19. Rest of Asia Pacific Butyric Acid Chemicals Market Forecast, by Application 11.19.1. Animal Feed 11.19.2. Chemicals Intermediate 11.19.3. Food & Flavors 11.19.4. Pharmaceuticals 11.19.5. Perfumes 11.19.6. Others 11.20. Asia Pacific Butyric Acid Chemicals Market Attractiveness Analysis 11.20.1. By Type 11.20.2. By Application 11.21. PEST Analysis 11.22. Key Trends 11.23. Key Developments 12. Middle East & Africa Butyric Acid Chemicals Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Butyric Acid Chemicals Market Overview 12.3. Middle East & Africa Butyric Acid Chemicals Market Value Share Analysis, by Type 12.4. Middle East & Africa Butyric Acid Chemicals Market Forecast, by Type 12.4.1. Synthetic Butyric Acid 12.4.2. Renewable Butyric Acid 12.5. Middle East & Africa Butyric Acid Chemicals Market Value Share Analysis, by Application 12.6. Middle East & Africa Butyric Acid Chemicals Market Forecast, by Application 12.6.1. Animal Feed 12.6.2. Chemicals Intermediate 12.6.3. Food & Flavors 12.6.4. Pharmaceuticals 12.6.5. Perfumes 12.6.6. Others 12.7. Middle East & Africa Butyric Acid Chemicals Market Value Share Analysis, by Country 12.8. Middle East & Africa Butyric Acid Chemicals Market Forecast, by Country 12.8.1. GCC 12.8.2. South Africa 12.8.3. Rest of Middle East & Africa 12.9. Middle East & Africa Butyric Acid Chemicals Market Analysis, by Country/ Sub-region 12.10. GCC Butyric Acid Chemicals Market Forecast, by Type 12.10.1. Synthetic Butyric Acid 12.10.2. Renewable Butyric Acid 12.11. GCC Butyric Acid Chemicals Market Forecast, by Application 12.11.1. Animal Feed 12.11.2. Chemicals Intermediate 12.11.3. Food & Flavors 12.11.4. Pharmaceuticals 12.11.5. Perfumes 12.11.6. Others 12.12. South Africa Butyric Acid Chemicals Market Forecast, by Type 12.12.1. Synthetic Butyric Acid 12.12.2. Renewable Butyric Acid 12.13. South Africa Butyric Acid Chemicals Market Forecast, by Application 12.13.1. Animal Feed 12.13.2. Chemicals Intermediate 12.13.3. Food & Flavors 12.13.4. Pharmaceuticals 12.13.5. Perfumes 12.13.6. Others 12.14. Rest of Middle East & Africa Butyric Acid Chemicals Market Forecast, by Type 12.14.1. Synthetic Butyric Acid 12.14.2. Renewable Butyric Acid 12.15. Rest of Middle East & Africa Butyric Acid Chemicals Market Forecast, by Application 12.15.1. Animal Feed 12.15.2. Chemicals Intermediate 12.15.3. Food & Flavors 12.15.4. Pharmaceuticals 12.15.5. Perfumes 12.15.6. Others 12.16. Middle East & Africa Butyric Acid Chemicals Market Attractiveness Analysis 12.16.1. By Type 12.16.2. By Application 12.17. PEST Analysis 12.18. Key Trends 12.19. Key Developments 13. South America Butyric Acid Chemicals Market Analysis 13.1. Key Findings 13.2. South America Butyric Acid Chemicals Market Overview 13.3. South America Butyric Acid Chemicals Market Value Share Analysis, by Type 13.4. South America Butyric Acid Chemicals Market Forecast, by Type 13.4.1. Synthetic Butyric Acid 13.4.2. Renewable Butyric Acid 13.5. South America Butyric Acid Chemicals Market Value Share Analysis, by Application 13.6. South America Butyric Acid Chemicals Market Forecast, by Application 13.6.1. Animal Feed 13.6.2. Chemicals Intermediate 13.6.3. Food & Flavors 13.6.4. Pharmaceuticals 13.6.5. Perfumes 13.6.6. Others 13.7. South America Butyric Acid Chemicals Market Value Share Analysis, by Country 13.8. South America Butyric Acid Chemicals Market Forecast, by Country 13.8.1. Brazil 13.8.2. Mexico 13.8.3. Rest of Latin America 13.9. South America Butyric Acid Chemicals Market Analysis, by Country/ Sub-region 13.10. Brazil Butyric Acid Chemicals Market Forecast, by Type 13.10.1. Synthetic Butyric Acid 13.10.2. Renewable Butyric Acid 13.11. Brazil Butyric Acid Chemicals Market Forecast, by Application 13.11.1. Animal Feed 13.11.2. Chemicals Intermediate 13.11.3. Food & Flavors 13.11.4. Pharmaceuticals 13.11.5. Perfumes 13.11.6. Others 13.12. Mexico Butyric Acid Chemicals Market Forecast, by Type 13.12.1. Synthetic Butyric Acid 13.12.2. Renewable Butyric Acid 13.13. Mexico Butyric Acid Chemicals Market Forecast, by Application 13.13.1. Animal Feed 13.13.2. Chemicals Intermediate 13.13.3. Food & Flavors 13.13.4. Pharmaceuticals 13.13.5. Perfumes 13.13.6. Others 13.14. Rest of South America Butyric Acid Chemicals Market Forecast, by Type 13.14.1. Synthetic Butyric Acid 13.14.2. Renewable Butyric Acid 13.15. Rest of South America Butyric Acid Chemicals Market Forecast, by Application 13.15.1. Animal Feed 13.15.2. Chemicals Intermediate 13.15.3. Food & Flavors 13.15.4. Pharmaceuticals 13.15.5. Perfumes 13.15.6. Others 13.16. South America Butyric Acid Chemicals Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Players 14.3.1. Oxea Gmbh 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Business Strategy 14.3.1.4. Recent Developments 14.3.2. Eastman Chemical Company 14.3.3. Perstorp Holding Ab 14.3.4. Blue Marble Biomaterials 14.3.5. Tokyo Chemical Industry Co., Ltd. 14.3.6. Beijing Huamaoyuan Fragrance Flavor Co., Ltd. 14.3.7. Mitsubishi Gas Chemical Company 15. Appendix