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The butyric acid market is forecasted to grow by USD 221.59 mn during 2023-2028, accelerating at a CAGR of 9.7% during the forecast period. The report on the butyric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing incidence of gastrointestinal diseases, growing demand for butyric acid for animal feed applications, and increasing demand for food flavoring substances in processed foods.
The butyric acid market is segmented as below:
By Application
- Animal feed
- Food and flavors
- Pharmaceuticals
- Chemical intermediates
- Others
By Type
- Synthetic
- Renewable
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the butyric acid market covers the following areas:
- Butyric acid market sizing
- Butyric acid market forecast
- Butyric acid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global butyric acid market: AFYREN, ARVESTA BV, Central Drug House, Eastman Chemical Co., Ennore India Chemical International, Hefei TNJ Chemical Industry Co. Ltd., Kemin Industries Inc., KUNSHAN ODOWELL CO. LTD., Merck KGaA, METabolic EXplorer SA, Muby Chemicals, National Analytical Corp., OQ SAOC, Payal Impex, PEEKAY AGENCIES PVT. LTD., PETRONAS Chemicals Group Berhad, Shri Rajaram Chemicals and Engg, Tokyo Chemical Industry Co. Ltd., Vizag Chemical International, and Yufeng International Group Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emerging use of butyric acid in bio-derived biofuels."
According to the report, one of the major drivers for this market is the increasing incidence of gastrointestinal diseases.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AFYREN
- ARVESTA BV
- Central Drug House
- Eastman Chemical Co.
- Ennore India Chemical International
- Hefei TNJ Chemical Industry Co. Ltd.
- Kemin Industries Inc.
- KUNSHAN ODOWELL CO. LTD.
- Merck KGaA
- METabolic EXplorer SA
- Muby Chemicals
- National Analytical Corp.
- OQ SAOC
- Payal Impex
- PEEKAY AGENCIES PVT. LTD.
- PETRONAS Chemicals Group Berhad
- Shri Rajaram Chemicals and Engg
- Tokyo Chemical Industry Co. Ltd.
- Vizag Chemical International
- Yufeng International Group Co. Ltd.