Butyric Acid Market Size, Share & Analysis by Type, By Application, By End-Use, By Derivatives, Regional Outlook, Competitive Strategies and Segment Forecast 2032: SPER Market Research
According to SPER Market Research, the Global Butyric Acid Market is a fatty acid that is mainly derived from animal fats. It is mainly used in the production of esters that are used in various applications. A colorless carboxylic acid produced by bacterial fermentation of carbohydrates and fibers. Butyric acid is also found in cheese, butter, milk, vegetable oils and animal fats. It has an unpleasant odor and a sharp taste. The development of renewable butyric acid is expected to play an important role in increasing market demand.
Butyric acid is gaining popularity as an ingredient in animal feed. Butyric acid is the most important starting material for various butyrate and glycerol esters, so-called butyrins. Salts are incorporated into feed premixes in fat-coated or uncoated dosage forms to deliver the active ingredient to target organs in the intestine of the animal. Butyric acid derivatives are used (mainly) as feed additives in cattle, poultry and aquaculture industries. Butyric acid is essential for animals and is used as an ingredient to help animals meet their necessary health requirements. Butyric acid is a useful ingredient for the animal feed industry. Butyric acid products help improve health, provide proper nutrition to animals, and help them grow more efficiently.
Butyric Acid Market Overview:
Forecast CAGR (2022-2032): 9.4%.
Forecast Market Size (2032): 0.78 billion.
Impact of COVID-19 on the Global Butyric Acid Market:
Three key effects of the COVID-19 pandemic epidemic have been felt by the butyric acid market worldwide. It had an immediate effect on supply and demand, disrupted supply chains and markets, and affected business and financial markets economically. Flight cancellations, travel bans, quarantines, restaurant closures, and limits on all indoor events were just a few of the widespread repercussions of the outbreak. Over 40 countries proclaim a state of emergency, and the supply chain is severely slowed. Volatility in the stock market, dwindling company confidence, escalating public panic, and future uncertainty. The market for butyric acid has been disrupted.
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Butyric Acid Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Type:
- Synthetic.
- Renewable.
By Application:
- Pharmaceutical.
- Biofuel.
- Food Additive & Flavoring.
- Animal Feed.
- Plasticizer.
- Leather Tanning.
By End-Use:
- Enhancing Gut Health and Performance of Animals.
- Chemical Intermediates.
- Food & Flavours.
- Pharmaceuticals.
- Human Dietary Supplements.
By Derivatives:
- Sodium Butyrate.
- Calcium Butyrate.
By Region:
- North America
- Europe
- Asia-Pacific
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Butyric Acid Market Key Players:
The Global Butyric Acid Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Advanced Biotech, Aldon Corporation, Augustus Oils Ltd., Axxence Aromatic Gmbh, Celanese Corporation, Consolidated Chemical & Solvents Llc, Eastman Chemical Company, Elie Health Solutions, Ennolys, Green Biologics Limited, Hefei Tnj Chemical Industry Co., Ltd., Kemin Industries, Inc., Merck Kgaa, Nutrients Scientific, Oxea Gmbh, Perstorp Holding Ab, Snowco Industrial, Thermo Fisher Scientific, Tokyo Chemical Industry Co., Ltd., Treatt Plc, Vigon International, Weifang Qiyi Chemical Co., Ltd, Yufeng International Co., Ltd, Zhonglan Industry Co., Ltd.
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