Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 346.06 Million | USD 755.95 Million | 9.07% | 2023 |
According to Zion Market Research, the global Butyric Acid Market was worth USD 346.06 Million in 2023. The market is forecast to reach USD 755.95 Million by 2032, growing at a compound annual growth rate (CAGR) of 9.07% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Butyric Acid industry over the next decade.
Derived primarily from animal fats, butyric acid is a fatty acid extensively employed in the production of esters utilized across various applications. This colorless carboxylic acid is formed through bacterial fermentation of carbohydrates and dietary fiber. It occurs naturally in cheese, butter, milk, vegetable oils, and animal fats. Despite its wide-ranging industrial utility, butyric acid is characterized by an unpleasant odor and acrid taste.
The development of renewable butyric acid is anticipated to significantly impact market demand, driving its growth trajectory. This renewable form of butyric acid holds promises in mitigating environmental concerns associated with traditional production methods, thereby fostering sustainability within the industry. Its potential to serve as a bio-based alternative aligns with the global trend toward eco-friendly practices, further bolstering its market prospects. The multifaceted applications of butyric acid underscore its indispensability across various sectors, including the food and pharmaceutical industries. In food applications, it contributes to flavor enhancement and acts as a preservative, extending shelf life. Moreover, its use in pharmaceuticals encompasses its therapeutic properties, particularly in treating gastrointestinal disorders. Despite its pungent odor and taste, innovative approaches such as encapsulation techniques aim to mitigate these sensory attributes, broadening their applicability.
Butyric acid is a type of fatty acid also referred as butanoic acid and is mostly found in milk of goat, buffalo, and sheep. Moreover, the compound is soluble in ether, water, and ethanol. In addition to this, the product is also present in vegetable oils and animal fats. The compound can be manufactured artificially in factories through oxidation of butyraldehyde.
Furthermore, butyric acid is utilized in preparing many kinds of butyrate esters. Most prominently, it is used for preparing cellulose acetate butyrate that facilitates the production of coatings, tools, and components. Butyric acid like methyl butyrate have good aromas and hence find myriad applications in perfume & food additives.
Massive need of animal feed in poultry and swine will produce huge demand for butyric acid in the forthcoming years. In addition to this, few of the researches have demonstrated the use of the product for treating Crohn’s disease and irritable bowel syndrome. Furthermore, clinical trials have exhibited the ability of butyric acid in treating colon cancer in animals. Apparently, humungous popularity of renewable butyric acid across pharmaceuticals and food & flavor sectors will drive the market progress over the estimated timespan. A prominent utility of the product in chemical intermediates will open new vistas of growth for the market over the next couple of years.
Escalating awareness about the digestive ability of butyric acid along with its anti-inflammatory features will drive the market trends. Enforcement of strict laws regarding usage of antibiotics in animal feed in European countries as well as in North America and use of butyric acid in production of biofuels will pave a wave for industry growth in the near future.
Rising demand for butyric acid in animal feed due to its crucial role in promoting animal health. It acts as a promoter of gut health, improves nutrient absorption, and enhances flavor, thereby contributing to increased livestock production. This surge in demand is further driven by stringent regulations governing the use of antibiotics in animal feed, prompting the adoption of natural alternatives such as butyric acid. The expanding food and fragrance industries are driving market growth. Butyric acid is instrumental in imparting characteristic flavors and aromas, such as cheesy and buttery, to various food products. With the global food processing industry witnessing significant growth, the demand for butyric acid as a flavoring agent is expected to escalate. Similarly, the fragrance industry utilizes butyric acid in perfumes and scented products, further bolstering market expansion. There is a growing presence of butyric acid in the pharmaceutical sector, where it finds applications in medications for conditions like cancer, irritable bowel syndrome, and weight management. As research into the health benefits of butyric acid continues, its utilization in pharmaceuticals is anticipated to broaden, contributing to market growth.
There is a notable shift towards sustainable practices, with renewable butyric acid gaining traction as an eco-friendly alternative. Produced through fermentation using natural materials, this renewable option aligns with the increasing focus on sustainability practices across various industries. In developing regions like Asia Pacific, rising disposable income is driving changes in consumer diets, with preferences shifting towards meat-based products. This dietary shift fuels the demand for animal feed, consequently stimulating growth in the butyric acid market.
Increasing scrutiny from regulatory bodies and consumers toward the use of certain chemicals in food production presents a concern. Stricter regulations or bans on butyric acid’s use in certain food applications may arise due to its strong odor and potential health concerns if excessively used. Price fluctuations and disruptions in the supply chain pose additional challenges. Dependency on raw material costs and production processes can lead to volatility in butyric acid prices. Supply chain disruptions, exemplified by those witnessed during the COVID-19 pandemic, further exacerbate market instability.
Competition from alternative feed additives poses a threat. As the animal feed industry continually explores new gut health promoters and flavoring agents, the emergence of cost-effective alternatives may dampen the demand for butyric acid. Limited consumer awareness of butyric acid’s benefits outside the animal feed industry presents an obstacle. Applications in pharmaceuticals and food flavorings remain relatively unknown to consumers, constraining market growth in these sectors. Technical challenges persist in large-scale renewable production. While interest in renewable butyric acid is growing, optimizing fermentation processes and reducing production costs are essential for competitiveness against synthetic options. Overcoming these hurdles is crucial for the sustained growth and stability of the butyric acid market.
The dominant market share is typically held by normal butyric acid, also known as n-butyric acid, which is the most commonly produced and utilized form of butyric acid. A straight-chain carboxylic acid with four carbon atoms, it is widely employed across various industries due to its versatility and applicability. In the food and beverage industry, normal butyric acid is utilized as a flavoring agent, preservative, and additive, contributing to its significant market share. Its characteristic odor and taste are leveraged to enhance the flavor of various food products such as dairy, confectionery, snacks, and baked goods. A crucial role is played by normal butyric acid in the animal feed industry, where it serves as a growth promoter and feed additive, assisting in the improvement of gut health, enhancement of nutrient absorption, and stimulation of livestock production. With increasing concerns regarding antibiotic usage in animal feed and the growing demand for natural alternatives, it is expected that the demand for Normal Butyric Acid in animal feed applications will further solidify its dominant market position.
In the pharmaceutical industry, applications of normal butyric acid are found in drug formulations and supplements, wherein it is utilized for its therapeutic properties, particularly in medications aimed at treating gastrointestinal disorders such as irritable bowel syndrome. The reliance of the pharmaceutical sector on normal butyric acid further contributes to its market share. Throughout various industries, normal butyric acid is employed extensively due to its myriad applications and effectiveness. Its dominance in the market is sustained by its widespread use as well as its indispensable role in enhancing flavor, promoting animal health, and aiding in therapeutic formulations. As industries continue to seek natural and effective solutions, the enduring demand for normal butyric acid is poised to persist, solidifying its position as a staple component across multiple sectors.
The renewable segment within the butyric acid market is poised to emerge as a significant epicenter of growth, driven by several factors that underscore the increasing demand for sustainable and environmentally friendly solutions across industries. Butyric acid, being a versatile compound with diverse applications, is seen to hold immense potential in renewable forms, thereby catalyzing its emergence as a focal point for market expansion. As environmental concerns are being intensified and regulatory pressures are being mounted, businesses are increasingly inclined towards adopting renewable resources to reduce their carbon footprint and mitigate environmental impact. In this context, renewable butyric acid is seen to offer a compelling solution, aligning with the sustainability objectives of various sectors. Advancements in biotechnology and bioengineering have been facilitating the development of innovative production methods for butyric acid, leveraging renewable feedstock such as biomass, agricultural residues, and organic waste. These sustainable production processes are not only reducing reliance on fossil fuels but are also offering a more cost-effective and environmentally benign alternative to traditional chemical synthesis methods.
Report Attributes | Report Details |
---|---|
Report Name | Butyric Acid Market |
Market Size in 2023 | USD 346.06 Million |
Market Forecast in 2032 | USD 755.95 Million |
Growth Rate | CAGR of 9.07% |
Number of Pages | 110 |
Key Companies Covered | Beijing Huamaoyuan Fragrance Flavor Co. Ltd. , Blue Marble Biomaterials, Perstorp Holding AB, Eastman Chemical Company, Tokyo Chemical Industry Co. Ltd., OXEA GmbH, and Snowco industrial Co. Ltd |
Segments Covered | By Product Type, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The expansion of the industry in Asia Pacific zone over the forecast timespan is owing to thriving animal feed in the countries like India and China. Apart from this, rise in the product penetration in pharma sector and in farming activities will further augment the regional market growth in the years to come. In addition to this, presence of key producers of the compound in the region will spearhead the business growth in Asia Pacific region.
Key players profiled in the report are:
By Product Type
By Application
By Region
FrequentlyAsked Questions
Massive need of animal feed in poultry and swine will produce huge demand for butyric acid in the forthcoming years.
According to Zion Market Research, the global Butyric Acid Market was worth USD 346.06 Million in 2023. The market is forecast to reach USD 755.95 Million by 2032, growing at a compound annual growth rate (CAGR) of 9.07% during the forecast period 2024-2032.
Asia Pacific will contribute remarkably towards the global market share over the estimated timeline.
The key market players include Beijing Huamaoyuan Fragrance Flavor Co. Ltd. Inc., Blue Marble Biomaterials, Perstorp Holding AB, Eastman Chemical Company, Tokyo Chemical Industry Co. Ltd., OXEA GmbH, and Snowco industrial Co. Ltd.
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