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Butyric Acid Market Size - APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Germany, Brazil - Trends and Forecast Report 2024-2028

Butyric Acid Market Size - APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Germany, Brazil - Trends and Forecast Report 2024-2028

Published: Mar 2024 169 Pages SKU: IRTNTR77852

Market Overview at a Glance

$221.59 Mn
Market Opportunity
9.7%
CAGR
8.8
YoY growth 2023-2024(%)

Butyric Acid Market Size 2024-2028 

The butyric acid market size is forecast to increase by USD 221.59 million at a CAGR of 9.7% between 2023 and 2028. Butyric acid, a short-chain fatty acid, is gaining significant attention in various industries due to its numerous applications. The market for butyric acid is driven by the increasing incidence of gastrointestinal diseases, leading to a growing demand for this compound in pharmaceuticals. Additionally, the emerging use of butyric acid in bio-derived biofuels is expected to boost the market growth. However, stringent government regulations on the chemical industry pose a challenge to market expansion. In the healthcare sector, butyric acid plays a crucial role in maintaining mucosal health by enhancing mucosal immune response, anti-inflammatory properties, protein synthesis, proliferation, and maturation of mucosal cells.

What will be the Butyric Acid Market Size During the Forecast Period?

Butyric Acid Market Size

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The market is gaining traction due to its applications in renewable-based feed, particularly for livestock such as cattle, pigs, and poultry. This short-chain fatty acid enhances immune systems, promoting healthier animals while reducing greenhouse gases emissions from meat consumption. Its role as a feed additive in aquaculture and pet food is also significant, improving growth performance and overall health. Moreover, butyric acid's properties in morphological and biochemical differentiation contribute to its neoplastic properties, making it a valuable ingredient in the food and beverage segment. In the food and beverage segment, using renewable based feed enriched with short-chain fatty acids as feed additives for cattle, poultry, and aquaculture can significantly reduce greenhouse gas emissions while enhancing food and flavor quality.

Additionally, its use in food additives and flavoring enhances palatability, meeting consumer demand for high-quality products. As awareness of sustainable practices grows, the market is poised for substantial growth.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Application
    • Animal feed
    • Food and flavors
    • Pharmaceuticals
    • Chemical intermediates
    • Others
  • Type
    • Synthetic
    • Renewable
  • Geography
    • APAC
      • China
      • India
    • North America
      • US
    • Europe
      • Germany
    • South America
      • Brazil
    • Middle East and Africa

By Application Insights

The animal feed segment is estimated to witness significant growth during the forecast period . Butyric acid is a short-chain fatty acid that holds significance in various industries, including animal feed, chemical intermediates, food additives and flavoring, and plasticizer. In the animal feed sector, butyric acid is utilized as a feed additive to enhance the nutritional value of renewable-based feed. The use of butyric acid in animal feed is essential for the growth and development of livestock, contributing to the production of high-quality meat, dairy, and other animal products. The demand for animal feed is substantial within the livestock and agriculture industry, making up a considerable portion of the global economy. The animal feed segment of the market has experienced steady growth due to increasing consumption of meat and dairy products, population expansion, and rising income levels in developing countries.

In addition, synthetic and renewable sources of butyric acid are utilized in the production of animal feed, with renewable sources gaining traction due to their eco-friendly nature. Butyric acid's versatility as a chemical intermediate and food additive further boosts its market potential. In the United States, the market is anticipated to grow, driven by these factors and the increasing focus on sustainable agriculture practices.

Butyric Acid Market Size

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The animal feed segment accounted for USD 96.43 million in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Butyric Acid Market Share by Geography

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In North America, the Butyric Acid market growth due to several factors. The region's well-established food and pharmaceutical industries, along with the presence of domestic chemical industry players like Eastman Chemical, are key drivers. Urbanization and rising disposable income in the US and Canada are significant factors contributing to the expansion of these industries. For instance, disposable personal income in the US grew by 1% monthly in January 2024. With increasing disposable income and busy work schedules, the demand for convenient packaged food products is on the rise. The food industry's growth in the region necessitates the use of butyric acid, which is employed to preserve moisture in packaged food and enhance food flavor or fragrance.

Additionally, butyric acid is extensively used in feed production, particularly in feed premixes and additives for livestock and pets. Feed mills in North America are significant consumers of butyric acid, contributing to the market's growth. The pharmaceutical industry also utilizes butyric acid as a drug intermediate and in the production of certain medications. Overall, the market in North America is poised for continued growth due to the region's thriving industries and the versatility of butyric acid in various applications.

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Butyric Acid  Market Driver

The growing prevalence of gastrointestinal diseases is a major factor driving market growth. Synthetic and renewable butyric acid, a short-chain fatty acid, is essential for both the treatment and prevention of various gastrointestinal conditions such as ulcerative colitis and inflammatory bowel disease (IBD). These conditions have been increasingly common due to unhealthy diets, sedentary lifestyles, stress, food sensitivities, and infections. Butyric acid's acid characteristics allow it to stimulate beneficial enzymes that reduce levels of inflammatory markers like TNF-a and IL-13, which are associated with gastrointestinal diseases. Chronic gastrointestinal issues, if untreated, can result in severe complications and disabilities. IBD, in particular, causes inflammation of the gastrointestinal tract and affects millions of individuals globally. Furthermore, butyric acid's role in animal feed, particularly for poultry and swine, is gaining attention for its potential to improve gut health and overall animal performance.

Furthermore, butyric acid is often used in animal feed, particularly for poultry and swine, to promote a healthy gut microbiota and improve digestion. Enzymes and microbiota play a vital role in the production of butyric acid in the gut. This fatty acid is essential for maintaining gut health and preventing the onset of gastrointestinal diseases.

Butyric Acid  Market Trends

As per Butyric Acid Market Analysis, the emerging use of butyric acid in bio-derived biofuels is the upcoming trend in the market. Butyric acid, a short-chain fatty acid, holds substantial significance in various industries, particularly in the biofuels sector. Crude oil, the primary source of conventional fuels, is subject to depletion, leading to a growing interest in alternative sources. Butyric acid, derived from renewable sources, offers several advantages over traditional fuels. This organic compound exhibits anti-inflammatory properties, which is beneficial for mucosal immune response. Additionally, it plays a crucial role in protein synthesis, proliferation, and maturation of mucosal cells. In the biofuels industry, butyric acid is gaining popularity due to its high energy content, lower hydrophilic nature, and compatibility with existing vehicles and fueling infrastructure.

Moreover, butyric acid is poised to replace ethanol and biodiesel as the preferred biofuel in the coming years. Its less volatile nature and better energy by volume make it an attractive alternative. Moreover, it can be used directly in internal combustion engines, blended with gasoline, and transported through existing pipelines. Furthermore, butyric acid serves as a superior chemical precursor for the production of renewable diesel and jet fuels. In conclusion, butyric acid's unique properties make it an ideal candidate for the future of biofuels. Its environmental friendliness, low corrosive nature, and ability to be used in existing infrastructure make it a promising solution for the energy sector.

Butyric Acid  Market Challenge

Stringent government regulations on chemical industry is a key challenge affecting the market growth. Butyric acid, a short-chain fatty acid, plays a crucial role in various industries, including nutrient digestion in livestock, chemical production, and the creation of by-products like butyraldehyde and propylene through oxo synthesis. In the livestock industry, butyric acid is used as a nutritional supplement to enhance digestion and promote growth. In the pharmaceutical sector, it serves as an active ingredient in certain antibiotics. In chemical production, butyric acid is used as a building block for the synthesis of other chemicals. However, the production and use of butyric acid are subject to stringent regulations due to its application in food and feed industries.

Furthermore, compliance with safety and quality certifications, adherence to good manufacturing practices, and maintaining hygiene standards increase the operational costs for market companies. These factors may impact the market growth, but they are essential to ensure consumer safety and trust.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Butyric Acid Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AFYREN: The company offers butyric acid such as Butyric acid, which is a four-carbon saturated monocarboxylic acid used for food additive, feedstock for synthesis of cosmetic ingredients, and pharmaceuticals.

The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • 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.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Latest Market Development and News

  • In December 2024, Microsoft launched a cloud-based AI service aimed at helping companies incorporate machine learning models into their daily operations. This service includes automated tools designed to facilitate data analysis, predictive modeling, and decision-making, with a focus on industries like retail and healthcare.

  • In November 2024, NVIDIA rolled out a cutting-edge AI supercomputer equipped with advanced deep learning algorithms. This new system is designed to support faster data processing, particularly benefiting sectors such as drug discovery and autonomous vehicles, by significantly boosting research and development efficiency.

  • In October 2024, IBM revealed an AI-driven enterprise automation platform that integrates natural language processing and machine learning. The platform is crafted to automate manual processes, enhance operational efficiency, and improve decision-making within large corporations.

  • In September 2024, Google debuted a set of AI tools aimed at developers, focusing on enhancing natural language understanding, image recognition, and real-time data processing. These tools are designed to help businesses integrate more sophisticated AI capabilities into their applications across various industries.

Research Analyst Overview

Butyric acid, a short-chain fatty acid, plays a crucial role in the animal feed industry, particularly in the production of feed for poultry and swine. This compound is produced naturally in the digestive system of animals through the action of enzymes and the microbiota. It plays a significant role in nutrient digestion and intestinal integrity, enhancing the immune response and promoting protein synthesis, proliferation, and maturation of mucosal cells. Butyric acid is also used as a chemical intermediate in the production of butyraldehyde through oxo synthesis, which in turn is used in the manufacturing of plastics and synthetic rubber. Additionally, it is used as a food additive and flavoring agent, a preservative in human dietary supplements, and a leather tanning agent. The demand for butyric acid in the animal feed segment is driven by its ability to improve animal health and productivity, particularly in livestock rearing.

Further, the renewable segment is expected to witness significant growth due to the increasing demand for sustainable and eco-friendly feed production. The food and beverage segment also utilizes butyric acid as a food additive and flavoring agent. The production of butyric acid is primarily derived from crude oil, but the shift towards renewable sources is gaining momentum due to rising petroleum prices and increasing concerns over greenhouse gas emissions. Butyric acid also exhibits anti-inflammatory properties and is used in the drug & pharmaceutical industry for treating animal diseases. In the feed industry, butyric acid is used as a feed additive and premix and in feed mills, for enhancing the nutritional value of animal feed. It is also used in the production of biofuels and as a plasticizer.

Butyric Acid Market Scope

Report Coverage

Details

Page number

169

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.7%

Market Growth 2024-2028

USD 221.59 million

Market structure

Fragmented

YoY growth 2023-2024(%)

8.8

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key countries

US, China, India, Germany, and Brazil

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

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.

Market dynamics

Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global butyric acid market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global butyric acid market 2018 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Animal feed - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Animal feed - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Animal feed - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Animal feed - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Animal feed - Year-over-year growth 2023-2028 (%)
    • 6.4 Food and flavors - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Food and flavors - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Food and flavors - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Food and flavors - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Food and flavors - Year-over-year growth 2023-2028 (%)
    • 6.5 Pharmaceuticals - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
    • 6.6 Chemical intermediates - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Chemical intermediates - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Chemical intermediates - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Chemical intermediates - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Chemical intermediates - Year-over-year growth 2023-2028 (%)
    • 6.7 Others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)
      • Exhibit 55: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Synthetic - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Synthetic - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Synthetic - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Synthetic - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Synthetic - Year-over-year growth 2023-2028 (%)
    • 7.4 Renewable - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Renewable - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Renewable - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Renewable - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Renewable - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.12 Brazil - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on Brazil - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 AFYREN
              • Exhibit 123: AFYREN - Overview
              • Exhibit 124: AFYREN - Product / Service
              • Exhibit 125: AFYREN - Key offerings
            • 12.4 ARVESTA BV
              • Exhibit 126: ARVESTA BV - Overview
              • Exhibit 127: ARVESTA BV - Product / Service
              • Exhibit 128: ARVESTA BV - Key offerings
            • 12.5 Central Drug House
              • Exhibit 129: Central Drug House - Overview
              • Exhibit 130: Central Drug House - Product / Service
              • Exhibit 131: Central Drug House - Key offerings
            • 12.6 Eastman Chemical Co.
              • Exhibit 132: Eastman Chemical Co. - Overview
              • Exhibit 133: Eastman Chemical Co. - Business segments
              • Exhibit 134: Eastman Chemical Co. - Key news
              • Exhibit 135: Eastman Chemical Co. - Key offerings
              • Exhibit 136: Eastman Chemical Co. - Segment focus
            • 12.7 Ennore India Chemical International
              • Exhibit 137: Ennore India Chemical International - Overview
              • Exhibit 138: Ennore India Chemical International - Product / Service
              • Exhibit 139: Ennore India Chemical International - Key offerings
            • 12.8 Hefei TNJ Chemical Industry Co. Ltd.
              • Exhibit 140: Hefei TNJ Chemical Industry Co. Ltd. - Overview
              • Exhibit 141: Hefei TNJ Chemical Industry Co. Ltd. - Product / Service
              • Exhibit 142: Hefei TNJ Chemical Industry Co. Ltd. - Key offerings
            • 12.9 Kemin Industries Inc.
              • Exhibit 143: Kemin Industries Inc. - Overview
              • Exhibit 144: Kemin Industries Inc. - Product / Service
              • Exhibit 145: Kemin Industries Inc. - Key offerings
            • 12.10 KUNSHAN ODOWELL CO. LTD.
              • Exhibit 146: KUNSHAN ODOWELL CO. LTD. - Overview
              • Exhibit 147: KUNSHAN ODOWELL CO. LTD. - Product / Service
              • Exhibit 148: KUNSHAN ODOWELL CO. LTD. - Key offerings
            • 12.11 Merck KGaA
              • Exhibit 149: Merck KGaA - Overview
              • Exhibit 150: Merck KGaA - Business segments
              • Exhibit 151: Merck KGaA - Key news
              • Exhibit 152: Merck KGaA - Key offerings
              • Exhibit 153: Merck KGaA - Segment focus
            • 12.12 METabolic EXplorer SA
              • Exhibit 154: METabolic EXplorer SA - Overview
              • Exhibit 155: METabolic EXplorer SA - Product / Service
              • Exhibit 156: METabolic EXplorer SA - Key offerings
            • 12.13 OQ SAOC
              • Exhibit 157: OQ SAOC - Overview
              • Exhibit 158: OQ SAOC - Product / Service
              • Exhibit 159: OQ SAOC - Key offerings
            • 12.14 PETRONAS Chemicals Group Berhad
              • Exhibit 160: PETRONAS Chemicals Group Berhad - Overview
              • Exhibit 161: PETRONAS Chemicals Group Berhad - Business segments
              • Exhibit 162: PETRONAS Chemicals Group Berhad - Key news
              • Exhibit 163: PETRONAS Chemicals Group Berhad - Key offerings
              • Exhibit 164: PETRONAS Chemicals Group Berhad - Segment focus
            • 12.15 Shri Rajaram Chemicals and Engg
              • Exhibit 165: Shri Rajaram Chemicals and Engg - Overview
              • Exhibit 166: Shri Rajaram Chemicals and Engg - Product / Service
              • Exhibit 167: Shri Rajaram Chemicals and Engg - Key offerings
            • 12.16 Tokyo Chemical Industry Co. Ltd.
              • Exhibit 168: Tokyo Chemical Industry Co. Ltd. - Overview
              • Exhibit 169: Tokyo Chemical Industry Co. Ltd. - Product / Service
              • Exhibit 170: Tokyo Chemical Industry Co. Ltd. - Key offerings
            • 12.17 Yufeng International Group Co. Ltd.
              • Exhibit 171: Yufeng International Group Co. Ltd. - Overview
              • Exhibit 172: Yufeng International Group Co. Ltd. - Product / Service
              • Exhibit 173: Yufeng International Group Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 174: Inclusions checklist
                • Exhibit 175: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 176: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 177: Research methodology
                • Exhibit 178: Validation techniques employed for market sizing
                • Exhibit 179: Information sources
              • 13.5 List of abbreviations
                • Exhibit 180: List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Frequently Asked Questions

              Butyric Acid market growth will increase by $ 221.59 mn during 2024-2028.

              The Butyric Acid market is expected to grow at a CAGR of 9.7% during 2024-2028.

              Butyric Acid market is segmented by Application( Animal feed, Food and flavors, Pharmaceuticals, Chemical intermediates, Others) Type( Synthetic, Renewable)

              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. are a few of the key vendors in the Butyric Acid market.

              APAC will register the highest growth rate of 33% among the other regions. Therefore, the Butyric Acid market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

              US, China, India, Germany, Brazil

              • Increasing incidence of gastrointestinal diseasesThe prevalence of gastrointestinal diseases is the driving factor this market.
              • such as ulcerative colitis and inflammatory bowel disease (IBD) is the driving factor this market.
              • has increased significantly across the world. Improper diets is the driving factor this market.
              • inactive lifestyles is the driving factor this market.
              • stress is the driving factor this market.
              • food sensitivity is the driving factor this market.
              • and bacterial or viral infections are the major factors contributing to the increasing incidence of chronic and acute gastrointestinal diseases. Butyric acid is used to treat and prevent the exacerbation of various gastrointestinal diseases is the driving factor this market.
              • such as ulcerative colitis and inflammatory bowel disease is the driving factor this market.
              • by decreasing TNF-a and IL-13. Chronic gastrointestinal diseases may lead to various medical complications and disabilities if not diagnosed and treated in time. IBD is one of the most commonly prevalent gastrointestinal diseases is the driving factor this market.
              • which causes inflammation of the gastrointestinal tract. Crohns disease and ulcerative colitis are the most common forms of IBD. For instance is the driving factor this market.
              • in 2021 is the driving factor this market.
              • the National Health Service (NHS) in the UK recorded that one in every 420 people living in the country had ulcerative colitis. People with IBDs are more susceptible to developing certain chronic health conditions is the driving factor this market.
              • such as cancer is the driving factor this market.
              • respiratory diseases is the driving factor this market.
              • liver diseases is the driving factor this market.
              • kidney diseases is the driving factor this market.
              • and cardiovascular diseases (CVDs). Prolonged treatment is required for the prevention and cure of IBDs. The increasing incidence and prevalence of IBDs have increased the demand for various medications is the driving factor this market.
              • including antibiotics is the driving factor this market.
              • to cure the diseases and minimize further medical complications associated with these diseases. This is increasing the demand for butyric acid for treating gastrointestinal diseases is the driving factor this market.
              • which is the driving factor this market.
              • in turn is the driving factor this market.
              • is boosting the growth of the global butyric acid market during the forecast period. is the driving factor this market.

              The Butyric Acid market vendors should focus on grabbing business opportunities from the Animal feed segment as it accounted for the largest market share in the base year.
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