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Global Butyric Acid Market Analysis

  • Report ID: GMI3549
  • Published Date: Mar 2021
  • Report Format: PDF

Butyric Acid Market Analysis   

Cosmetic application is projected to surpass 17.5 million USD by the end of 2027 as it consists of methyl butyrate which has very pleasant. Thus, it is used in the perfume additives. Rising living standard of individuals has increases the demand for luxurious goods like cosmetic products is also attributing towards butyric acid market share. In addition to these, key manufacturers are also investing in the research and development activities in order to launch other cosmetic products such as soaps, shower gels and others. This caught the attention of several manufacturers, that has resulted in increased competition and product development.

 

There has been a sustainable shift in consumer preferences, and it has been witnessed that millennials are eager to try new & more exotic perfumes or other cosmetic products. Willingness of such consumers to try out new & innovative products by paying premium prices is expected to create surplus opportunity in the butyric acid market.

 

Global renewable type segment is likely to grow to over USD 225 million by the end of 2027 owing to increasing consumers inclination towards biobased products is witnessing the favourable growth to the butyric acid market. Since, renewable butyric acid is produced from natural products such as corn husk, sugar and other natural sources. Thus, “move to natural” trends are supporting the market growth.
 

Furthermore, low-cost biomass in fermentation is also creating lucrative growth opportunity. Nowadays, renewable butyric acid also highly preferable in food & beverage industry for additive and flavouring. These listed factors are propelling the butyric acid market value and anticipated to remain significant over the forecast period.
 

Butyric Acid Market from Animal Feed Application

Animal feed application segment is likely to surpass by USD 105 million by the end of 2027 owing to increasing infectious disease in animals. As butyric acid-based feed additive helps to protect broiler chicken from salmonella enteritidis infection. In addition, to these, butyric acid helps to improve intestinal health and performance in swine and poultry. Thereby, butyric acid has massive demand in the animal feed industry.
 

Moreover, increasing per capita income in India and China coupled with improving lifestyle has led to a high demand for superior quality meat, resulting in the livestock industry growth. In addition, an increasing awareness of livestock diseases has led to the adoption of better animal nutrition practices, which are factors expected to play major role in driving the butyric acid-based animal nutrition demand. These listed factors have shown optimistic growth impact on the butyric acid market value from animal feed application.
 

Butyric Acid Market by Region  

North America should exceed USD 90 Million by 2027 owing to increasing its usage in pharmaceutical industry as it aids in weight reduction and also cure cancer. Since, butyric acid has short chain fatty acid that regulate the balance between fatty acid synthesis as well as breakdown the fats. Thus, increasing consumer focus on maintaining fitness and regulating body weight due to changes in lifestyles and eating habits has positively influenced the butyric acid market revenue for fortified products.
 

Further, change in lifestyle and eating habits of individuals has led to many health issues such as indigestion, gastric, and irritable bowel syndrome. This has uplifted the product demand, as it helps to keep the gut lining sealed and heathy and improves gut health.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global butyric acid industry size was more than USD 175 million in 2020 and will witness nearly 13.2% CAGR up to 2027 with higher consumption in the pharmaceutical and food applications.

The market share of butyric acid from use in the cosmetics sector is projected to go beyond USD 17.5 million by 2027 with growing use in perfume additives and other similar products.

Global butyric acid industry share from the renewable type segment is expected to surpass USD 225 million by 2027 with consistent rise in the demand for bio-based ingredients.

It is expected that the industry share from animal feed application segment could hit USD 105 million by 2027 with the increasing need to tackle problems like infectious animal diseases and intestinal health.

North America is anticipated to reach USD 90 million in valuation by 2027 with a surge in the consumption across pharmaceutical applications.

Butyric Acid Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 9
  • Tables & Figures: 197
  • Countries covered: 23
  • Pages: 165
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