Butyric Acid Market

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Butyric Acid Market by Type (Synthetic, Renewable), End-use (Animal Feed, Chemical Intermediates, Pharmaceuticals, Food & Flavors, Human Dietary Supplements), and Region (Asia Pacific, North America, Europe, Rest of the World) - Global Forecast to 2027

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Report Code: CH 3662 Sep, 2022, by marketsandmarkets.com

Butyric Acid Market

The global butyric acid market was valued at USD 317 million in 2022 and is projected to reach USD 492 million by 2027, growing at a cagr 9.2% from 2022 to 2027. The Asia Pacific region is one of the largest consumers of butyric acid, with China leading the regional market.

Attractive Opportunities in the Butyric Acid Market

Butyric Acid Market

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Butyric Acid Market Dynamics

Drivers: High demand from animal feed end-use

Butyric acid is used as a raw material in animal feed, especially for poultry and swine. It stands out among the short-chain fatty acids for its unique qualities. Butyric acid also stimulates the release of enzymes and stabilizes the microbiota, which improves the efficiency of nutrient digestion and colonization resistance. As a result, growth performance has improved, particularly in less-than-optimal circumstances. Because of this, butyric acid is a widely used feed addition for young animals all over the world.

Opportunity: Stringent regulations in use of antibiotics in animal feed

New regulations by the US Food and Drug Administration (FDA), which took effect on January 1, 2017, banned the addition of antibiotics to feed to promote the growth of livestock and poultry. Also, as the European Union banned the use of antibiotics in 2006, it was necessary to explore alternatives. Hence, such stringent regulations are expected to provide opportunities for butyric acid as an alternative for antibiotics in animal feed.

Based on type, the synthetic segment is expected to lead the butyric acid market in terms of volume from 2022 to 2027.

At the industrial level, butyric acid is mostly created chemically. This involves the oxidation of butyraldehyde, which is produced via oxo synthesis from propylene supplied from crude oil. This is generally preferred because it has low cost of production and raw materials are easily accessible.

Based on the end-use, the animal feed segment is expected to lead the butyric acid market in terms of volume from 2022 to 2027.

Butyric acid is known to play a role in the mucosal immune response and to have anti-inflammatory properties in animals. Given that it can affect gene expression and protein synthesis, it is also known to directly affect the proliferation, maturation, and differentiation of mucosal cells. Such characteristics increase in demand for animal feed.

Butyric Acid Market by Region

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The Asia Pacific butyric acid market is expected to lead during the forecast period in terms of volume. This growth is expected due to changes in dietary patterns have led to an increase in meat consumption in the region, which has led to the industrialization of meat production. This further increases the need for renewable based feed.

Butyric Acid Market Players

Perstorp Holding AB (Sweden), OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Palital Feed Additives B.V. (The Netherlands), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Merck KGaA (Germany), Kemin Industries, Inc. (US), Hefei TNJ Chemical Industry Co., Ltd. (China), Kunshan Odowell Co., Ltd. (China), Yufeng International Group Co., Ltd. (China), Central Drug House (India), Spectrum Chemical (US). These companies have adopted product launches, acquisitions, partnerships, expansions, and merger & acquisition as growth strategies to enhance their position in the butyric acid market.

Butyric Acid Market Report Scope

Report Metric	Details
Market Size Value in 2022	USD 317 million
Revenue Forecast in 2027	USD 492 million
CAGR	9.2%
Base Year Considered	2021
Forecast Period	2022–2027
Forecast Units	Value (USD) and Volume (Kiloton)
Segments Covered	Type, End-use, and Region
Geographies Covered	Asia Pacific, North America, Europe, Rest of the World
Companies Covered	Perstorp Holding AB (Sweden), OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Palital Feed Additives B.V. (The Netherlands), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Merck KGaA (Germany), Kemin Industries, Inc. (US), Hefei TNJ Chemical Industry Co., Ltd. (China), Kunshan Odowell Co., Ltd. (China), Yufeng International Group Co., Ltd. (China), Central Drug House (India), Spectrum Chemical (US), other players.

This research report categorizes the butyric acid market based on type, end-use, and region.

Based on Type, the butyric acid market has been segmented as follows:

Synthetic
Renewable

Based on End-use , the butyric acid market has been segmented as follows:

Animal Feed
Chemical Intermediates
Food & Flavors
Pharmaceuticals
Human Dietary Supplements
Others

Based on Region, the butyric acid market has been segmented as follows:

Asia Pacific
North America
Europe
Rest of the World

Recent Developments

In April 2021, Eastman Chemical Company acquired 3F Feed & Food, a European pioneer in the technological and commercial advancement of additives for animal feed and human food.
In July 2020, Kemin Industries has acquired a US patent application to manage African Swine Fever Virus (ASFv) in feed and feed ingredients employing Sal CURB Liquid Antimicrobial, a global disease control product produced by Kemin Industries.

Frequently Asked Questions (FAQ):

What is the current size of the global butyric acid market?

The butyric acid market is projected to grow from USD 317 million in 2022 to USD 492 million by 2027, at a CAGR of 9.2% from 2022 to 2027.

Who are the leading players in the global butyric acid market?

Some of the key players in this market are Perstorp Holding AB (Sweden), OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Palital Feed Additives B.V. (The Netherlands), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Merck KGaA (Germany), Kemin Industries, Inc. (US), Hefei TNJ Chemical Industry Co., Ltd. (China), Kunshan Odowell Co., Ltd. (China), Yufeng International Group Co., Ltd. (China), Central Drug House (India), Spectrum Chemical (US). .

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 24)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
                    TABLE 1 BUTYRIC ACID MARKET: INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 BUTYRIC ACID MARKET SCOPE
                    FIGURE 1 BUTYRIC ACID MARKET SEGMENTATION
           1.3.2 REGIONAL SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED
    1.5 UNIT CONSIDERED
    1.6 RESEARCH LIMITATIONS
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA
          FIGURE 2 BUTYRIC ACID MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Participating companies in primary research
                    2.1.2.3 Breakdown of primary interviews
    2.2 MATRIX CONSIDERED FOR DEMAND-SIDE ANALYSIS
          FIGURE 3 MATRIX CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR BUTYRIC ACID
    2.3 MARKET SIZE ESTIMATION
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
                    FIGURE 6 METHODOLOGY FOR SUPPLY-SIDE SIZING OF BUTYRIC ACID MARKET (1/2)
                    FIGURE 7 METHODOLOGY FOR SUPPLY-SIDE SIZING OF BUTYRIC ACID MARKET (2/2)
           2.3.3 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
           2.3.4 FORECAST
           2.3.5 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
    2.4 DATA TRIANGULATION
          FIGURE 8 BUTYRIC ACID MARKET: DATA TRIANGULATION
           2.4.1 KEY ASSUMPTIONS FOR CALCULATION OF DEMAND-SIDE MARKET SIZE
           2.4.2 LIMITATIONS
           2.4.3 RISK ANALYSIS

3 EXECUTIVE SUMMARY (Page No. - 37)
    TABLE 2 BUTYRIC ACID MARKET
    FIGURE 9 SYNTHETIC BUTYRIC ACID SEGMENT TO DOMINATE MARKET BETWEEN 2022 AND 2027
    FIGURE 10 ANIMAL FEED SEGMENT TO LEAD MARKET BETWEEN 2022 AND 2027
    FIGURE 11 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 40)
    4.1 SIGNIFICANT OPPORTUNITIES IN BUTYRIC ACID MARKET
          FIGURE 12 MARKET TO WITNESS MODERATE GROWTH BETWEEN 2022 AND 2027
    4.2 BUTYRIC ACID MARKET, BY REGION
          FIGURE 13 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR BETWEEN 2022 AND 2027
    4.3 ASIA PACIFIC BUTYRIC ACID MARKET, BY TYPE AND END-USE
          FIGURE 14 ANIMAL FEED END-USE AND SYNTHETIC TYPE SEGMENTS LED ASIA PACIFIC MARKET IN 2021
    4.4 BUTYRIC ACID MARKET, BY TYPE
          FIGURE 15 SYNTHETIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.5 BUTYRIC ACID MARKET, BY END-USE
          FIGURE 16 HUMAN DIETARY SUPPLEMENTS SEGMENT TO GROW AT HIGHEST CAGR BETWEEN 2022 AND 2027

5 MARKET OVERVIEW (Page No. - 43)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN BUTYRIC ACID MARKET
           5.2.1 DRIVERS
                    5.2.1.1 High demand from animal feed end-use segment
                                FIGURE 18 GLOBAL ANIMAL FEED PRODUCTION (MT), 2020
           5.2.2 RESTRAINTS
                    5.2.2.1 Health concerns associated with handling butyric acid
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Stringent regulations on use of antibiotics in animal feed
                    5.2.3.2 Increasing R&D and usage of butyric acid as a precursor for producing biofuels
                    5.2.3.3 Demand for renewable butyric acid in food & flavors and pharmaceutical sectors
                                FIGURE 19 BREAKDOWN OF GLOBAL SALES OF PHARMACEUTICALS, 2020
           5.2.4 CHALLENGES
                    5.2.4.1 High production cost
    5.3 ECOSYSTEM
          FIGURE 20 ECOSYSTEM MAP OF BUTYRIC ACID MARKET
          TABLE 3 BUTYRIC ACID MARKET: ECOSYSTEM
    5.4 VALUE CHAIN ANALYSIS
          FIGURE 21 VALUE CHAIN ANALYSIS: HIGHEST VALUE ADDED DURING MANUFACTURING PHASE
    5.5 PORTER'S FIVE FORCES ANALYSIS
          FIGURE 22 BUTYRIC ACID MARKET: PORTER'S FIVE FORCES ANALYSIS
          TABLE 4 BUTYRIC ACID MARKET: PORTER'S FIVE FORCES ANALYSIS
           5.5.1 BARGAINING POWER OF SUPPLIERS
           5.5.2 BARGAINING POWER OF BUYERS
           5.5.3 THREAT OF SUBSTITUTES
           5.5.4 THREAT OF NEW ENTRANTS
           5.5.5 INTENSITY OF COMPETITIVE RIVALRY
    5.6 CASE STUDY ANALYSIS
           5.6.1 INTRODUCTION OF GASTRIVIX AVI TO PROMOTE GROWTH PERFORMANCE IN BIRDS AND BOOST ANIMAL NUTRITION
                    5.6.1.1 Problem statement:
                    5.6.1.2 Solutions offered:
                    5.6.1.3 Outcome:
    5.7 TECHNOLOGY ANALYSIS
    5.8 KEY STAKEHOLDERS AND BUYING CRITERIA
           5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 23 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE SEGMENTS
TABLE 5 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE END-USE SEGMENTS (%)
           5.8.2 BUYING CRITERIA
FIGURE 24 KEY BUYING CRITERIA FOR TOP THREE END-USE SEGMENTS
TABLE 6 KEY BUYING CRITERIA FOR TOP THREE END-USE SEGMENTS
    5.9 POLICIES AND REGULATIONS
           5.9.1 REACH - REGISTRATION, EVALUATION, AUTHORISATION AND RESTRICTION OF CHEMICALS REGULATION
                    5.9.1.1 Dossier evaluation status
                                TABLE 7 DOSSIER EVALUATION STATUS OF BUTYRIC ACID
           5.9.2 CLASSIFICATION, LABELLING AND PACKAGING (CLP)
           5.9.3 ATMOSPHERIC STANDARDS
           5.9.4 CLEAN WATER ACT REQUIREMENTS
           5.9.5 FDA REQUIREMENTS
           5.9.6 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.10 PATENT ANALYSIS
           FIGURE 25 NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS
           FIGURE 26 PUBLICATION TRENDS - LAST 10 YEARS
           5.10.1 INSIGHTS
                     FIGURE 27 LEGAL STATUS OF PATENTS
                     FIGURE 28 TOP JURISDICTION, BY DOCUMENT
                     FIGURE 29 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
                     TABLE 12 LIST OF PATENTS BY NOVARTIS AG
                     TABLE 13 LIST OF PATENTS BY EVONIK DEGUSSA GMBH
                     TABLE 14 TOP 10 PATENT OWNERS DURING LAST 10 YEARS
    5.11 PRICING ANALYSIS
           FIGURE 30 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE END-USE SEGMENTS
           5.11.1 AVERAGE SELLING PRICE TRENDS
                     FIGURE 31 BUTYRIC ACID MARKET: AVERAGE PRICE TRENDS FOR BUTYRIC ACID TYPES
    5.12 KEY CONFERENCES & EVENTS IN 2022-2023
           TABLE 15 BUTYRIC ACID MARKET: DETAILED LIST OF CONFERENCES & EVENTS
    5.13 TRADE DATA
           TABLE 16 IMPORT DATA FOR BUTYRIC ACID IN 2021
           TABLE 17 EXPORT DATA FOR BUTYRIC ACID IN 2021

6 BUTYRIC ACID MARKET, BY TYPE (Page No. - 66)
    6.1 INTRODUCTION
          FIGURE 32 SYNTHETIC BUTYRIC ACID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
          TABLE 18 BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
          TABLE 19 BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
          TABLE 20 BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
          TABLE 21 BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
    6.2 SYNTHETIC BUTYRIC ACID
           6.2.1 LOW MANUFACTURING COST TO DRIVE SEGMENT
    6.3 RENEWABLE BUTYRIC ACID
           6.3.1 RISING INTEREST IN ORGANIC AND NATURAL PRODUCTS

7 BUTYRIC ACID MARKET, BY END-USE (Page No. - 69)
    7.1 INTRODUCTION
          FIGURE 33 ANIMAL FEED PROJECTED TO BE LARGEST END-USE SEGMENT DURING FORECAST PERIOD
          TABLE 22 BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (USD MILLION)
          TABLE 23 BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (USD MILLION)
          TABLE 24 BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (KILOTON)
          TABLE 25 BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (KILOTON)
    7.2 ANIMAL FEED
           7.2.1 ENHANCING GUT HEALTH AND PERFORMANCE OF ANIMALS
    7.3 CHEMICAL INTERMEDIATES
           7.3.1 ESTERS AND PLASTICIZERS TO PROPEL DEMAND
    7.4 FOOD & FLAVORS
           7.4.1 DAIRY PRODUCTS AND ALCOHOLIC BEVERAGES TO LEAD SEGMENT
    7.5 PHARMACEUTICALS
           7.5.1 ANTICANCER CHARACTERISTICS TO FUEL MARKET GROWTH
    7.6 HUMAN DIETARY SUPPLEMENTS
           7.6.1 IMPROVING DIGESTIVE HEALTH CHARACTERISTICS TO PROPEL GROWTH
    7.7 OTHERS

8 BUTYRIC ACID MARKET, BY REGION (Page No. - 75)
    8.1 INTRODUCTION
          FIGURE 34 ASIA PACIFIC TO BE LARGEST MARKET DURING FORECAST PERIOD
          TABLE 26 BUTYRIC ACID MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
          TABLE 27 BUTYRIC ACID MARKET SIZE, BY REGION, 2021–2027 (KILOTON)
          TABLE 28 BUTYRIC ACID MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
          TABLE 29 BUTYRIC ACID MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
    8.2 ASIA PACIFIC
          FIGURE 35 ASIA PACIFIC: BUTYRIC ACID MARKET SNAPSHOT
          TABLE 30 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
          TABLE 31 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
          TABLE 32 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
          TABLE 33 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
          TABLE 34 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (KILOTON)
          TABLE 35 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (KILOTON)
          TABLE 36 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (USD MILLION)
          TABLE 37 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (USD MILLION)
          TABLE 38 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
          TABLE 39 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2021–2027 (KILOTON)
          TABLE 40 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 41 ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
           8.2.1 CHINA
                    8.2.1.1 Rise in consumption of meat and dairy products
                                TABLE 42 CHINA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 43 CHINA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 44 CHINA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 45 CHINA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.2.2 INDIA
                    8.2.2.1 Growth in consumption of poultry and milk products
                                TABLE 46 INDIA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 47 INDIA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 48 INDIA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 49 INDIA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.2.3 JAPAN
                    8.2.3.1 Growth in consumption of packaged food
                                TABLE 50 JAPAN: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 51 JAPAN: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 52 JAPAN: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 53 JAPAN: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.2.4 SOUTH KOREA
                    8.2.4.1 Growth of food and pharma sectors
                                TABLE 54 SOUTH KOREA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 55 SOUTH KOREA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 56 SOUTH KOREA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 57 SOUTH KOREA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.2.5 REST OF ASIA PACIFIC
                    TABLE 58 REST OF ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                    TABLE 59 REST OF ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                    TABLE 60 REST OF ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                    TABLE 61 REST OF ASIA PACIFIC: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
    8.3 EUROPE
          FIGURE 36 EUROPE: BUTYRIC ACID MARKET SNAPSHOT
          TABLE 62 EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
          TABLE 63 EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
          TABLE 64 EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
          TABLE 65 EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
          TABLE 66 EUROPE: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (KILOTON)
          TABLE 67 EUROPE: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (KILOTON)
          TABLE 68 EUROPE: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (USD MILLION)
          TABLE 69 EUROPE: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (USD MILLION)
          TABLE 70 EUROPE: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
          TABLE 71 EUROPE: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2021–2027 (KILOTON)
          TABLE 72 EUROPE: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 73 EUROPE: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
           8.3.1 GERMANY
                    8.3.1.1 Growth of processed food and pharmaceutical sectors
                                TABLE 74 GERMANY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 75 GERMANY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 76 GERMANY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 77 GERMANY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.3.2 FRANCE
                    8.3.2.1 Growing market for poultry products
                                TABLE 78 FRANCE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 79 FRANCE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 80 FRANCE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 81 FRANCE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.3.3 ITALY
                    8.3.3.1 Growing consumption of processed and consumer-ready food
                                TABLE 82 ITALY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 83 ITALY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 84 ITALY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 85 ITALY: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.3.4 UK
                    8.3.4.1 Pharmaceuticals to be major sector
                                TABLE 86 UK: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 87 UK: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 88 UK: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 89 UK: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.3.5 REST OF EUROPE
                    TABLE 90 REST OF EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                    TABLE 91 REST OF EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                    TABLE 92 REST OF EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                    TABLE 93 REST OF EUROPE: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
    8.4 NORTH AMERICA
          FIGURE 37 NORTH AMERICA: BUTYRIC ACID MARKET SNAPSHOT
          TABLE 94 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
          TABLE 95 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
          TABLE 96 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
          TABLE 97 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
          TABLE 98 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (KILOTON)
          TABLE 99 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (KILOTON)
          TABLE 100 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (USD MILLION)
          TABLE 101 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (USD MILLION)
          TABLE 102 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
          TABLE 103 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2021–2027 (KILOTON)
          TABLE 104 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
          TABLE 105 NORTH AMERICA: BUTYRIC ACID MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
           8.4.1 US
                    8.4.1.1 Growth of feed industry and increase in poultry consumption
                                TABLE 106 US: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 107 US: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 108 US: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 109 US: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.4.2 CANADA
                    8.4.2.1 Increasing R&D activities in pharmaceutical sector
                                TABLE 110 CANADA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 111 CANADA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 112 CANADA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 113 CANADA: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.4.3 MEXICO
                    8.4.3.1 Growing food & flavor and beverage industries
                                TABLE 114 MEXICO: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                                TABLE 115 MEXICO: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                                TABLE 116 MEXICO: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                                TABLE 117 MEXICO: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
           8.4.4 REST OF THE WORLD
                    TABLE 118 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
                    TABLE 119 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)
                    TABLE 120 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
                    TABLE 121 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
                    TABLE 122 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (KILOTON)
                    TABLE 123 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (KILOTON)
                    TABLE 124 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY END-USE, 2018–2020 (USD MILLION)
                    TABLE 125 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY END-USE, 2021–2027 (USD MILLION)
                    TABLE 126 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
                    TABLE 127 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY REGION, 2021–2027 (KILOTON)
                    TABLE 128 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 129 REST OF THE WORLD: BUTYRIC ACID MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 112)
    9.1 STRATEGIES ADOPTED BY KEY PLAYERS
          TABLE 130 OVERVIEW OF MAJOR STRATEGIES ADOPTED BY KEY PLAYERS
    9.2 REVENUE ANALYSIS
          FIGURE 38 REVENUE ANALYSIS FOR FIVE YEARS FOR KEY COMPANIES
    9.3 MARKET SHARE ANALYSIS
          FIGURE 39 BUTYRIC ACID MARKET: MARKET SHARE ANALYSIS
          TABLE 131 BUTYRIC ACID MARKET: TYPE FOOTPRINT
          TABLE 132 BUTYRIC ACID MARKET: END-USE FOOTPRINT
          TABLE 133 BUTYRIC ACID MARKET: REGION FOOTPRINT
    9.4 COMPANY EVALUATION MATRIX
           9.4.1 STARS
           9.4.2 EMERGING LEADERS
           9.4.3 PERVASIVE PLAYERS
           9.4.4 PARTICIPANTS
          FIGURE 40 BUTYRIC ACID MARKET: COMPANY EVALUATION MATRIX, 2021
    9.5 COMPETITIVE SCENARIO
          TABLE 134 BUTYRIC ACID MARKET: PRODUCT LAUNCHES, 2019–2022
          TABLE 135 BUTYRIC ACID MARKET: DEALS, 2019–2022
          TABLE 136 BUTYRIC ACID MARKET: OTHER DEVELOPMENTS, 2019–2022

10 COMPANY PROFILES (Page No. - 124)
(Business Overview, Products/solutions/services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats)*
     10.1 PERSTORP HOLDING AB
             TABLE 137 PERSTORP HOLDING AB: COMPANY OVERVIEW
             FIGURE 41 PERSTORP HOLDING AB: COMPANY SNAPSHOT
             TABLE 138 PERSTORP HOLDING AB: PRODUCTS OFFERED
             TABLE 139 PERSTORP HOLDING AB: PRODUCT LAUNCHES
             TABLE 140 PERSTORP HOLDING AB: OTHERS
     10.2 OQ CHEMICALS GMBH
             TABLE 141 OQ CHEMICALS GMBH: COMPANY OVERVIEW
             FIGURE 42 OQ CHEMICALS GMBH: COMPANY SNAPSHOT
             TABLE 142 OQ CHEMICALS GMBH: PRODUCTS OFFERED
             TABLE 143 OQ CHEMICALS GMBH: DEALS
             TABLE 144 OQ CHEMICALS GMBH: OTHERS
     10.3 EASTMAN CHEMICAL COMPANY
             TABLE 145 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW
             FIGURE 43 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
             TABLE 146 EASTMAN CHEMICAL COMPANY: PRODUCTS OFFERED
             TABLE 147 EASTMAN CHEMICAL COMPANY: DEALS
     10.4 KEMIN INDUSTRIES, INC.
             TABLE 148 KEMIN INDUSTRIES, INC.: COMPANY OVERVIEW
             TABLE 149 KEMIN INDUSTRIES, INC.: PRODUCTS OFFERED
             TABLE 150 KEMIN INDUSTRIES, INC.: DEALS
             TABLE 151 KEMIN INDUSTRIES, INC.: OTHERS
     10.5 SNOWCO
             TABLE 152 SNOWCO: COMPANY OVERVIEW
             TABLE 153 SNOWCO: PRODUCTS OFFERED
             TABLE 154 SNOWCO: OTHERS
     10.6 TOKYO CHEMICAL INDUSTRY CO., LTD.
             TABLE 155 TOKYO CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW
             TABLE 156 TOKYO CHEMICAL INDUSTRY CO., LTD.: PRODUCTS OFFERED
     10.7 PALITAL FEED ADDITIVES B.V.
             TABLE 157 PALITAL FEED ADDITIVES B.V.: COMPANY OVERVIEW
             TABLE 158 PALITAL FEED ADDITIVES B.V.: PRODUCTS OFFERED
             TABLE 159 PALITAL FEED ADDITIVES B.V.: DEALS
     10.8 MERCK KGAA
             TABLE 160 MERCK KGAA: COMPANY OVERVIEW
             FIGURE 44 MERCK KGAA: COMPANY SNAPSHOT
             TABLE 161 MERCK KGAA: PRODUCTS OFFERED
             TABLE 162 MERCK KGAA: OTHERS
     10.9 HEFEI TNJ CHEMICAL INDUSTRY CO., LTD.
             TABLE 163 HEFEI TNJ CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW
             TABLE 164 HEFEI TNJ CHEMICAL INDUSTRY CO., LTD.: PRODUCTS OFFERED
     10.10 YUFENG INTERNATIONAL GROUP CO., LTD.
             TABLE 165 YUFENG INTERNATIONAL GROUP CO., LTD.: COMPANY OVERVIEW
             TABLE 166 YUFENG INTERNATIONAL GROUP CO., LTD.: PRODUCTS OFFERED
     10.11 CENTRAL DRUG HOUSE
             TABLE 167 CENTRAL DRUG HOUSE: COMPANY OVERVIEW
             TABLE 168 CENTRAL DRUG HOUSE: PRODUCTS OFFERED
     10.12 SPECTRUM CHEMICAL
             TABLE 169 SPECTRUM CHEMICAL: COMPANY OVERVIEW
             TABLE 170 SPECTRUM CHEMICAL: PRODUCTS OFFERED
     10.13 ELAN CHEMICAL
             TABLE 171 ELAN CHEMICAL: COMPANY OVERVIEW
             TABLE 172 ELAN CHEMICAL: PRODUCTS OFFERED
     10.14 SISCO RESEARCH LABORATORIES PVT. LTD.
             TABLE 173 SISCO RESEARCH LABORATORIES PVT. LTD.: COMPANY OVERVIEW
             TABLE 174 SISCO RESEARCH LABORATORIES PVT. LTD.: PRODUCTS OFFERED
     10.15 WEN INTERNATIONAL, INC.
             TABLE 175 WEN INTERNATIONAL, INC.: COMPANY OVERVIEW
             TABLE 176 WEN INTERNATIONAL, INC.: PRODUCTS OFFERED
     10.16 DAYANG CHEM (HANGZHOU) CO., LTD.
             TABLE 177 DAYANG CHEM (HANGZHOU) CO., LTD.: COMPANY OVERVIEW
             TABLE 178 DAYANG CHEM (HANGZHOU) CO., LTD.: PRODUCTS OFFERED
     10.17 RXCHEMICALS
             TABLE 179 RXCHEMICALS: COMPANY OVERVIEW
             TABLE 180 RXCHEMICALS: PRODUCTS OFFERED
     10.18 YANCHENG CITY CHUNZHU AROMA CO., LTD.
             TABLE 181 YANCHENG CITY CHUNZHU AROMA CO., LTD.: COMPANY OVERVIEW
             TABLE 182 YANCHENG CITY CHUNZHU AROMA CO., LTD.: PRODUCTS OFFERED
     10.19 KUNSHAN ODOWELL CO., LTD.
             TABLE 183 KUNSHAN ODOWELL CO., LTD.: COMPANY OVERVIEW
             TABLE 184 KUNSHAN ODOWELL CO., LTD.: PRODUCTS OFFERED

*Details on Business Overview, Products/solutions/services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

11 APPENDIX (Page No. - 157)
     11.1 DISCUSSION GUIDE
     11.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     11.3 CUSTOMIZATION OPTIONS
     11.4 RELATED REPORTS
     11.5 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the butyric acid market. Exhaustive secondary research was done to collect information on the butyric acid market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the butyric acid value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments of the butyric acid market.

Secondary Research

As a part of the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, and Dun & Bradstreet, were referred for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles by recognized authors, authenticated directories, and databases.

Secondary research was mainly conducted to obtain essential information about the supply chain of the industry, the monetary chain of the market, total pool of players, and market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments undertaken from both the market and technology-oriented perspectives.

Primary Research

The butyric acid market comprises several stakeholders, such as butyric acid manufacturers, manufacturers in end-use industries, traders, distributors, and suppliers of butyric acids, regional manufacturer associations and butyric acid associations, and government and regional agencies, in the supply chain.

As part of the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the butyric acid market. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the butyric acid market. Primary sources from the demand side included directors, marketing heads, and purchase managers from multiple end-use industries.

Following is the breakdown of the primary respondents.

Butyric Acid Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the butyric acid market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following:

The key players in the industry and markets were identified through extensive secondary research.
The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
All percentage shares split, and breakdowns were determined using secondary sources and verified through primary sources.

Global Butyric Acid Market Size: Bottom-Up Approach

Butyric Acid Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition to this, the market size was validated using both top-down and bottom-up approaches.

Report Objectives

To define, describe, and forecast the butyric acid market, in terms of value and volume
To provide detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To forecast the market size of butyric acids by type, end-use, and region
To forecast the size of the market with respect to four main regions, namely, North America, Europe, Asia Pacific, Rest of the World
To strategically analyze micro markets with respect to individual growth trends, prospects, and their contribution to the total market
To analyze opportunities in the market for stakeholders and provide a competitive landscape for the market leaders
To analyze competitive developments, such as new product launches, mergers & acquisitions, partnerships, and expansions in the butyric acid market
To strategically profile key players and comprehensively analyze their market shares and core competencies

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs.

The following customization options are available for the report:

Regional Analysis

Further breakdown of the North America, Europe, and Asia Pacific butyric acid markets

Product Analysis

Product matrix, which gives a detailed comparison of the product portfolio of each company

Organic Acid Market Analysis

Organic acids are a group of naturally occurring compounds that are commonly found in various foods and beverages, such as fruits, vegetables, and fermented products. These acids are also used in various industries, including food and beverage, animal feed, pharmaceuticals, and chemicals.

Butyric acid is a type of organic acid that is widely used in the food and feed industries. It is a short-chain fatty acid that is found in various dairy products and is also produced by bacteria during the fermentation of carbohydrates. Butyric acid has a wide range of applications, including as a flavoring agent, preservative, and feed additive.

The global butyric acid market is expected to grow in the coming years due to the increasing demand for animal feed and the growing awareness of the health benefits of butyric acid. Butyric acid is known to have anti-inflammatory and anti-carcinogenic properties and is believed to help improve gut health.

Organic acids are a group of compounds that are commonly used in various industries, including food and beverage, animal feed, pharmaceuticals, and chemicals. These acids have a wide range of applications, including as preservatives, acidifiers, and flavoring agents.

The production of butyric acid is closely linked to the production of other organic acids, such as lactic acid, which are produced during the fermentation of carbohydrates. The availability of organic acids can impact the production of butyric acid as they are often used as substrates for microbial fermentation.

Moreover, organic acids such as acetic acid and propionic acid can also be produced from the same raw materials as butyric acid, and are often produced in larger volumes than butyric acid. This can affect the economics of butyric acid production as the market supply and demand dynamics for these organic acids can impact their pricing.

However, the growing demand for butyric acid as a feed additive, due to its potential health benefits for animals and the trend of natural and organic feed products, is expected to drive the growth of the butyric acid market in the coming years. The use of butyric acid as a natural alternative to antibiotics in animal feed has been gaining popularity in recent years, and this trend is expected to continue to boost the demand for butyric acid.

The production and availability of other organic acids can impact the production and pricing of butyric acid, but the increasing demand for natural and organic feed additives is expected to drive the growth of the butyric acid market.

Organic Acid Market Trends

Organic acids have a wide range of potential applications, and ongoing research and development are exploring new ways to harness their unique properties. Some of the futuristic growth use-cases of organic acids include:

1. Bioplastics: Organic acids such as lactic acid and succinic acid can be used as building blocks for the production of biodegradable and renewable bioplastics. These bioplastics have the potential to replace conventional plastics that are made from non-renewable resources.

2. Biofuels: Organic acids such as acetic acid and butyric acid can be used as substrates for microbial fermentation to produce biofuels, such as bioethanol and biobutanol. These biofuels have the potential to replace fossil fuels and reduce carbon emissions.

3. Pharmaceuticals: Organic acids have a wide range of potential applications in the pharmaceutical industry, including as excipients, solubilizers, and pH modifiers. For example, citric acid is commonly used as an excipient in tablet formulations, while lactic acid is being investigated as a potential treatment for skin aging.

4. Personal care products: Organic acids can be used as natural preservatives and pH regulators in personal care products, such as skincare and haircare products. For example, lactic acid is commonly used in skincare products to regulate the skin's pH and improve skin texture.

5. Agriculture: Organic acids can be used as natural alternatives to chemical fertilizers and pesticides in agriculture. For example, citric acid can be used to chelate micronutrients in soil, while acetic acid and formic acid can be used as natural pesticides.

Organic acids have a wide range of potential applications in various industries, and ongoing research and development is exploring new ways to harness their unique properties to drive innovation and growth in these industries.

Top Companies in Organic Acid Market

The organic acid market is highly fragmented, with a large number of players operating in the global market. Some of the top players in the organic acid market include:

1. BASF SE

2. Dow Chemical Company

3. Archer Daniels Midland Company

4. Eastman Chemical Company

5. Cargill, Incorporated

6. Corbion N.V.

7. Myriant Corporation

8. Tate & Lyle PLC

9. Henan Jindan Lactic Acid Technology Co., Ltd.

10. NatureWorks LLC

These companies are involved in the production and distribution of a wide range of organic acids, such as acetic acid, lactic acid, citric acid, and formic acid. They are also investing in research and development to expand their product portfolio and explore new applications for organic acids.

In addition to these major players, there are also many smaller players in the organic acid market, including regional and local players. These smaller players often focus on niche applications or specific geographic markets.

Organic Acid Market Impact on Different Industries

Organic acids have a wide range of applications in various industries, and ongoing research is exploring new applications for these versatile compounds. Some of the industries that are expected to be impacted in the future due to the increasing demand for organic acids include:

1. Food and beverage industry: Organic acids such as citric acid, lactic acid, and acetic acid are widely used as preservatives, flavor enhancers, and pH regulators in the food and beverage industry. They are also used in the production of various food ingredients and additives, such as emulsifiers, stabilizers, and thickeners.

2. Pharmaceutical industry: Organic acids have a wide range of applications in the pharmaceutical industry, including as excipients, solubilizers, and pH modifiers. They are used to improve drug stability, enhance drug absorption, and control drug release in various dosage forms, such as tablets, capsules, and injectables.

3. Personal care industry: Organic acids are used as natural preservatives and pH regulators in personal care products, such as skincare and haircare products. They are also used as humectants, exfoliants, and anti-aging agents in cosmetic formulations.

4. Agriculture industry: Organic acids can be used as natural alternatives to chemical fertilizers and pesticides in the agriculture industry. They are also used as soil conditioners and micronutrient chelators to improve plant growth and crop yield.

5. Bioplastics industry: Organic acids such as lactic acid and succinic acid can be used as building blocks for the production of biodegradable and renewable bioplastics. They have the potential to replace conventional plastics that are made from non-renewable resources.

6. Chemical industry: Organic acids are used as intermediates in the production of various chemicals, such as esters, solvents, and surfactants. They are also used as raw materials for the production of various polymers, resins, and coatings.

Organic acids have a wide range of applications across various industries, and ongoing research is exploring new ways to harness their unique properties to drive innovation and growth in these industries.

Speak to our Analyst today to know more about Organic Acid Market!

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