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Writer's pictureSwapnaja P

Butyric Acid Market Share, and SWOT Analysis Report 2023-2030

 The SNS Insider report indicates that the Butyric Acid Market size was valued at USD 321 million in 2022. It is estimated to hit USD 644.32 million by 2030 and grow at a CAGR of 9.1% over the forecast period of 2023-2030. The growing demand for renewable butyric acid in the food & flavor & pharmaceuticals sectors, an upsurge in the number of consumers of meat, and a ban on the consumption of antibiotics in animal feed in some countries drive the butyric acid market. The butyric acid market is witnessing significant growth, fueled by its versatile applications across various industries, including food and beverage, pharmaceuticals, animal feed, and chemicals. Butyric acid, a four-carbon organic acid with a distinct odor, is primarily derived from natural sources such as animal fats and oils or through chemical synthesis from petrochemicals. Its unique properties, including its role as a flavoring agent, preservative, and precursor for various chemicals, make it an essential ingredient in a wide range of products.


One notable trend driving the butyric acid market is the increasing demand for animal feed additives and supplements to enhance livestock health and productivity. Butyric acid is widely used as a feed additive in poultry and swine diets due to its ability to improve gut health, reduce intestinal inflammation, and enhance nutrient absorption. With the growing focus on animal welfare, disease prevention, and antibiotic alternatives in livestock production, there is a rising demand for natural and effective feed additives like butyric acid to support animal health and optimize feed efficiency.


Moreover, the butyric acid market is experiencing growing demand from the pharmaceutical industry, where it is used in the synthesis of various pharmaceutical intermediates, active pharmaceutical ingredients (APIs), and drug formulations. Butyric acid and its derivatives have shown promising potential in the treatment of gastrointestinal disorders, cancer, and metabolic diseases due to their anti-inflammatory, anti-cancer, and lipid-lowering properties. As research into butyric acid's therapeutic benefits expands and new applications emerge, the demand for pharmaceutical-grade butyric acid is expected to increase, driving market growth and innovation.


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KEY PLAYERS

· Eastman Chemical Company

· OQ Chemicals GmbH

· Perstorp Holding AB

· Blue Marble Biomaterials

· Tokyo Chemical Industry Co. Ltd

· Alfa Aesar

· OXEA GmbH

· Beijing Huamaoyuan Fragrance Flavor Co. Ltd

· Snowco industrial Co. Ltd

· Palital Feed Additives B.V.

· and other


Market Report Scope:

The rise in animal feed demand, ban on antibiotics, and focus on renewable butyric acid for food and pharmaceuticals drive butyric acid market growth. The pharmaceutical industry's growth, especially in weight management and cancer treatment, further boosts the butyric acid market.


Market Analysis:

The main drivers of the butyric acid market include increasing demand from various end-user sectors and the prohibition of antibiotic usage in animal feed in some nations. The unpleasant odor of butyric acid poses a challenge, but the rising demand for renewable butyric acid in the food and flavor industries creates a significant market opportunity. As meat consumption grows, so does butyric acid production. The market is also influenced by the prevalence of animal diseases, particularly in regions with low per capita meat consumption like Asia. The strict regulations on antibiotics open up opportunities for butyric acid in animal feed. 


Market segmentation

By Type

· Synthetic

· Renewable

By Derivatives

· Sodium Butyrate

· Calcium Butyrate

· Others

By End-use

· Pharmaceuticals

· Chemical Intermediates

· Biofuels

· Human Dietary Supplements

· Food Additives & Flavoring

· Cosmetic

· Animal Feed

· Leather Tanning

· Plasticizer

· Others

 

Segment Analysis:

By Type, synthetic butyric acid dominated with a revenue share of about 61.3% in 2022 due to its superior purity and consistency, making it a preferred choice for various industries.


Key Regional Development:

The Asia Pacific region is expected to dominate the Butyric Acid market, growing at a CAGR of about 9.4% during 2023-2030. The growth is driven by dietary pattern changes leading to increased meat consumption, industrialization of meat production, and the need for renewable-based feed.


Key Takeaways:

· The Butyric Acid Market is set to reach USD 644.32 million by 2030.

· Synthetic butyric acid dominates due to superior purity and consistency.

· Animal feed drives market volume, given butyric acid's role in immune response and anti-inflammatory properties.


Recent Developments:

· In April 2022, OQ Chemicals implemented a price increase for n-butyric acid due to supply and demand factors.

· In March 2022, Perstorp introduced Gastrivix™ Avi, combining valeric and butyric acid for gut health in broiler feed solutions.


About US:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

 

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