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Butyric Acid Market Size, Status, Global Outlook and Forecast 2022-2029

Butyric Acid Market Size, Status, Global Outlook and Forecast 2022-2029

Butyric acid is produced from petroleum-based feedstocks through chemosynthesis. Noticeably, butyric acid has gained significant traction owing to the growing consumer demand for green products and natural ingredients, animal feed supplements, and cosmetics. Apart from that, butyric acid is also utilised in food processing and flavouring which is further fuelling its demand on the global front. The global food processing business is driven by changing lifestyles, convenience and safety are promoting the food processing business. The rising adoption of automated technologies and increased R&D in food processing machinery will further promote industry growth. As a result of the growing penetration of processed food, the demand for butyric acid will soar in the coming years. This, in turn, will create strong tailwinds for the global butyric acid market in future. 


Paced Demand in Pharmaceutical Sector to Prolong Market Expansion  


Recent years have witnessed significant advancements in the pharmaceutical sector. These include integration of cutting-edge technologies and cost-effective methods to enhance the efficiency of manufacturing processes. Butyric is used to manufacture pharmaceutical medications that help in dealing with weight loss and irritable bowel syndromes (IBS). Besides, it also aids in the treatment of cancer due to its anti-cancer effects. Meanwhile, butyric acid derivatives are comprehensively used in anaesthetics to produce antithyroid and vasoconstrictor drugs. Therefore, the mushrooming pharmaceutical industry is anticipated to create substantial business opportunities for the growth of butyric acid market in the years to come.  


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Use of Butyric Acid in Animal Feed to Prolong Market Expansion 


Noticeablu, the butyric acid is extensively used as an animal feed additive. It is the primary feedstock for glycerine esters and butyrate salts or butyrins. Moreover, its derivatives are used as feed additives in the cattle, poultry, and aquaculture industries. It is considered vital for animals and has proven to fulfil their health requirements. The incessant rise in incidence of animal diseases has prompted the use of butyric acid in animal feed. Additionally, the prevalent large food organisations in various developing countries have made low-cost meat more accessible. The cumulative force of these factors is fuelling the expansion of the butyric acid market over the forecast period. 


Asia Pacific to Foster Itself as a Key Region Amid Thriving Agriculture Sector  


Asia Pacific is expected to garner a dominant share in the butyric acid market at the helm of expanding agriculture sectors. The presence of major players, its growing population, and fast-increasing end-use industries are contributing to the food and beverages industry. Besides, China is projected to emerge as a dominant region in Asia Pacific. It has the most advanced healthcare sector and the world’s largest pharmaceutical market. This is owing to its country's growing middle-class and ageing society, rising purchasing power and urbanization. Such a landscape is propelling growth across regional market.  


Prominent Market Players  


Some of the major players in the butyric acid market include OXEA GmbH, Beijing Huamaoyuan Fragrance Flavor Co., ltd., Perstorp Holding AB, Dmitrievsky Chemical Plant, Eastman Chemical Company, Tokyo Chemical Industry Co. Ltd., Snowco Industrial Co., Ltd., Blue Marble Biomaterials, and Alfa Aesar GmbH & CO KG. 


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