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North America Butyric Acid Market – Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • May 2023
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Butyric Acid Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 169864.64 Thousand
Diagram Market Size (Forecast Year) USD 345990.58 Thousand
Diagram CAGR %

North America Butyric Acid Market, By Type (Renewable Butyric Acid, Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate, Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements, Others) – Industry Trends and Forecast to 2030.

North America Butyric Acid Market Analysis and Size

Butyric acid is one of many short-chain fatty acids that are frequently used in the food, animal feed, and pharmaceutical industries. It is also used as a chemical intermediate in the synthesis of many chemicals, including esters, butanol, and butyl acetate. Animal feed is increasingly using butyric acid as a component. The primary feedstock for various butyrate salts and glycerine esters, also known as butyrins, is butyric acid. Animals require butyric acid to maintain their health, and it is used to help animals do so. Butyric acid serves the animal feed industry well because the right kind of feed is required to give animals ingredients that are nutritious. Products containing butyric acid contribute to better health, a balanced diet for animals, and increased animal production.

Data Bridge Market Research analyses that the butyric acid market, valued at USD 1,69,864.64 thousand in 2022, will reach USD 3,45,990.58 thousand by 2030, growing at a CAGR of 9.3% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

North America Butyric Acid Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Type (Renewable Butyric Acid, Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate, Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements, Others)

Countries Covered

U.S., Canada, Mexico in North America.

Market Players Covered

Eastman Chemical Company (U.SPerstorp (Sweden), Oxea GmbH  (Germany), Zhonglan Industry Co., Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Alfa Aesar (U.S.), Jinan Haohua Industry Co., Ltd.(China), Solvay (Belgium), Celanese Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Aldon Corporation (U.S.), Yufeng International Group Co., Ltd (China), Weifang Qiyi Chemical Co., Ltd. (China), ELiE Health Solutions (India), Kemin Industries, Inc. (U.S.), Advanced Biotech (U.S.), Hefei TNJ Chemical Industry Co.,Ltd. (China), Vigon International, LLC. (U.S.), Axxence Aromatic GmbH (Germany), Augustus Oils Ltd. (U.K.), Ennolys (France)

Market Opportunities

  • Food and beverage industry creates expansion in the market
  • Expansion of anti-inflammatory properties creates lucrative opportunities

Market Definition

Butyric acid, also referred to as butanoic acid, is a carboxylic acid that can form salts and esters with butanoates and butyrates. It is frequently discovered in the milk of farm animals such as buffalo, sheep, and goats. It has a foul odor and a bitter taste. Industrial butyric acid production involves fermenting starch or sugar with putrefying cheese added, then adding calcium carbonate to balance the acids produced during the process. Additionally, hogweed oil and parsnip contain octyl butyrate and hexyl butyrate, respectively, of this fermented butyric acid.

North America Butyric Acid Market Dynamics

Drivers

  • Production of biofuels and bioplastics drives the market

the production of biofuels and bioplastics. Renewable biomass sources, including sugar cane, corn, and lignocellulosic materials, can be fermented to produce butyric acid. For the production of biofuels, which are renewable and have a lower carbon footprint than conventional fossil fuels, this makes it an ideal feedstock. A vital component in the creation of compostable or biodegradable bioplastics made from renewable biomass sources is butyric acid. Offering a substitute for conventional plastics is what drives market expansion.

  • Growing use in medical field drives the market

Butyric acid can be used to treat inflammatory bowel diseases such as Crohn's disease and ulcerative colitis. It has anti-inflammatory properties. Butyric acid is being studied as a potential treatment for infections that are resistant to antibiotics because it has been demonstrated to have antibacterial properties. Butyric acid can be used to control gene expression and treat genetic disorders because it inhibits histone deacetylase and hence drives the market growth.

Opportunities

  • Food and beverage industry creates expansion in the market

Butyric acid is a preservative and flavoring substance used in the food and beverage industry. W the growing demand for natural and organic products, butyric acid has a growing market potential as a natural preservative and flavoring agent. Baking goods, dairy products, and confectionery are a few of the foods that butyric acid is used to flavor. It tastes strongly of butter. Additionally, butyric acid is used in the processing of meat to improve the texture and tenderness of the meat. By enhancing the flavor of processed meats such as sausage and ham, it can also benefit the market.

  • Expansion of anti-inflammatory properties creates lucrative opportunities

Butyric acid's anti-inflammatory properties can help to lessen irritation, redness, and inflammation of the skin. By preventing the skin from releasing pro-inflammatory cytokines and other inflammatory mediators, it reduces the inflammatory response. In skin care products for sensitive or inflamed skin, such as skin that is prone to acne or rosacea, it therefore works well. The versatile substance butyric acid has many uses in skin care. Through, its hydrating and anti-inflammatory qualities, it is a popular ingredient in skin care products.

Restraints/Challenges

  • Odour arising from acids can imoede the market growth

Some plant oils and animal fats contain the naturally occurring fatty acid butyric acid. The overwhelming smell of butyric acid is the main issue. It has a rancid odor that is overtly offensive and that can linger. Problems may arise in the locations where it is produced or stored as a result of this. Some people might find the taste and odor of butyric acid repulsive. As a result, it might be challenging to use in some applications, such as products for food and drink.

  • Irritating to the skin and eyes restricts the market growth

Although butyric acid can cause skin and eye irritation, this is not likely to stop its increased use. Many industries, including the food and beverage, pharmaceutical, and agricultural ones, use butyric acid extensively. The development of the compound is more likely to be constrained by other elements, such as butyric acid's poor stability, low solubility, and unpleasant flavor and odor. These qualities might make it less appealing to consumers and, in some cases, more challenging to use.

This butyric acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the butyric acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In 2022, Perstorp expanded its innovative range of broiler feed solutions with the launch of Gastrivix Avi. It is a special gut health treatment that combines valeric and butyric acid's advantages.
  • In 2022, The first 100% bio-based butyric acid for animal nutrition produced in France will be marketed in France, according to an agreement between METEX NVISTA and ALINOVA. With the help of this partnership, ALINOVA will be able to meet the demands of its clients for natural and sustainable ingredients by expanding its line-up of technical, performance-enhancing products.
  • In 2020, Through innovative recycling strategy, Eastman Chemical Company was given the Project of the Year award. By introducing new products to the market, the award assists the company in growing business sales.
  • In 2020, The acetic acid pathway to acrylic acid has a technology licensing agreement that was signed by Celanese Corporation. The agreement helps in generating the revenue and increases the customer base of the business.

North America Butyric Acid Market Scope

The butyric acid market is segmented on the basis of type, derivatives, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Renewable Butyric Acid
  • Natural Butyric Acid
  • Synthetic Butyric Acid

Derivatives

  • Sodium Butyrate
  • Calcium Butyrate
  • Others

Application

  • Animal Feed
  • Chemical Intermediate
  • Food and Flavors
  • Pharmaceuticals
  • Perfumes
  • Inks
  • Paints and Coatings
  • Human dietary supplements
  • Others

Butyric Acid Market Regional Analysis/Insights

The butyric acid market is analysed and market size insights and trends are provided by type, derivatives, and application as referenced above.

The countries covered in the butyric acid market report are U.S., Canada, Mexico in North America.

U.S. is dominating in the North America region of butyric acid market owing to the rising demand for processed food and changing lifestyle. Additionally, The rising consumption if packaged food items are crating the demand for the butyric acid in the region. Even, U.S. is dominating owing to the health benefits that resist diseases.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Butyric Acid Market Share Analysis

The butyric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to butyric acid market.

Some of the major players operating in the butyric acid market are:

  • Eastman Chemical Company (U.S.)
  • Perstorp (Sweden)
  • Oxea GmbH  (Germany)
  • Zhonglan Industry Co., Ltd. (China)
  • Tokyo Chemical Industry Co., Ltd. (Japan)
  • Alfa Aesar (U.S.)
  • Jinan Haohua Industry Co., Ltd.(China)
  • Solvay (Belgium)
  • Celanese Corporation (U.S.)
  • Thermo Fisher Scientific Inc. (U.S.)
  • Aldon Corporation (U.S.)
  • Yufeng International Group Co., Ltd (China)
  • Weifang Qiyi Chemical Co., Ltd. (China)
  • ELiE Health Solutions (India)
  • Kemin Industries, Inc. (U.S.)
  • Advanced Biotech (U.S.)
  • Hefei TNJ Chemical Industry Co., Ltd. (China)
  • Vigon International, LLC. (U.S.)
  • Axxence Aromatic GmbH (Germany)
  • Augustus Oils Ltd. (U.K.)
  • Ennolys (France)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The North America Butyric Acid Market is projected to grow at a CAGR of 9.3% during the forecast period by 2030.
The future market value of the North America Butyric Acid Market is expected to reach USD 3,45,990.58 thousand by 2030.
The major players in the North America Butyric Acid Market are Eastman Chemical Company (U.SPerstorp (Sweden), Oxea GmbH (Germany), Zhonglan Industry Co., Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Alfa Aesar (U.S.), Jinan Haohua Industry Co., Ltd.(China), etc.
The countries covered in the North America Butyric Acid Market are U.S., Canada, Mexico in North America.
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