Global Butyric Acid Market to Inflate at CAGR of 14.4% during 2019-2025
Posted On March 18, 2019
The Global Butyric Acid Market is anticipated to reach USD 500.2 MN by 2025 showcasing a high CAGR of 14.4% during 2019 -2025. The report is collected by Value Market Research, with its dedicated team of analysts and explores the market dynamics with high accuracy. The study highlights market size, market growth, and regional growth trends along with the latest market developments.
The market is segmented in the report by type, application, and region. Type includes synthetic butyric acid and renewable butyric acid. Among these, synthetic butyric acid is dominating the market owing to its various health benefits. It is found in hard candy, puddings, gelatins, sweet sauce, oils, fats, meat products, alcoholic and non-alcoholic beverages, and dairy products. Application area covers Animal Feed, Chemical Intermediate, Food And Flavor, Pharmaceutical, Perfume, And Others. Animal feed segment is leading the market owing to numerous health benefits offered it is considered as healthy, safe, and economical feed for the animal.
The report “Global Butyric Acid Market Report By Type (Synthetic And Renewable), Application (Animal Feed, Chemical Intermediate, Food And Flavor, Pharmaceutical, Perfume, And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation, and Forecast, 2018-2025” offers a forward-looking perspective on various factors driving or limiting the market growth and pinpoint analysis of changing competition dynamics.
Butyric acid is a colorless liquid with an unpleasant smell and bitter taste, similar to ether. Butyric acid is found in dairy products like milk, especially goat, sheep and buffalo milk, butter, parmesan cheese, and even in a product of anaerobic fermentation. It is also found in the colons through the bacterial fermentation of carbohydrates like dietary fiber. Consuming butyric acid in foods like ghee or in supplement form improves digestion, calm inflammation and improve overall gastrointestinal health. BTA is best for treating indigestion problems like irritable bowel disorder and also when it comes to diabetes and insulin resistance too. Therefore, butyric acid has a very positive impact on gut health, which greatly affects the health of the overall body.
The major factors driving the market growth of butyric acid are growing demand from various end-use industry such as animal feed, cosmetic, food and beverage, and pharmaceutical industry. The growing popularity of Butyric acid-based foods and flavors along with the growing application in chemical intermediate is also expected to fuel the market growth. Further rising demand for meat worldwide coupled with the rising usage of butyrate esters as an additive across the fragrance industry is also projected to favor the market growth. Furthermore, butyric acid is one of the most promising biofuels for replacing gasoline in the future, a lot of attention these days is paid toward biobutanol which is expected to open new avenues to the market over the study period.
Region-wise the analysis has been conducted over North America, Europe, Asia-pacific, Latin America, and the Middle East and Africa. At present Asia-Pacific is dominating the market owing to the rising demand for meat and food and flavor. Also, the growing application of butyric acid across the animal feed industry is further propelling regional market growth.
The Report Segments Global Butyric Acid Market -
- Synthetic Butyric Acid
- Renewable Butyric Acid
- Animal Feed
- Chemical Intermediate
- Food and Flavor
- North America
- Latin America
- Middle East and Africa
Players Profiled In The Report:
Eastman Chemical Company, Snowco Industrial Co. Ltd., Oxea GmbH, Perstorp Holding AB, Beijing Huamaoyuan Fragrance Flavor Co. Ltd., and Tokyo Chemical Industry Co. Ltd.
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