Global Butyric Acid Market to Reach New Heights by 2032: Comprehensive Size and Share Analysis

 

The global butyric acid market was valued at US$ 307.2 million in 2021 and is anticipated to reach US$ 1.6 billion by 2032, with a robust CAGR of 16.6% between 2022 and 2032. Among the segments, synthetic butyric acid is expected to lead in revenue generation, with projected growth at a CAGR exceeding 17.6% during the forecast period.

Synthetic butyric acid is a chemically synthesized butyric acid that is mostly utilized in industry. Synthetic butyric acid is used to make printing inks, disinfectants, tastes, medications, and perfumes, among other things. Butyrate of cellulose acetate (CAB) is made from synthetic butyric acid and is utilized in a variety of devices, components, and coatings.

Request a Sample Report:

Cost Effectiveness of Butyric Acid Propels its Demand in Animal Feed Applications

Butyric acid is utilized to promote gut health in animals. As a result, there is high demand for butyric acid in animal feed industry as it also enhances animal performance and intestinal health. Butyric acid also used to promote nutritional absorption in animals. The growth of butyric acid is driven by rising demand for animal feed, specifically for pigs and poultry. Butyric acid is cost effective as it costs US$ 0.15 per kilogram and further helps in reducing cost of feed for animals. Butyric acid is used in feed as it protects broiler chicken from salmonella enteritis infection.

Besides, butyric acid is well known for its anti-cancer properties. The chemical is also being studied by researchers for its ability to prevent colon cancer. According to some studies, it can also be used to treat Crohn’s disease and irritable bowel syndrome. These factors are driving the growth of butyric acid market.

Key Takeaways from the Study

  • Butyric Acid Market was valued at US$ 307.2 Mn in 2021. According to Fact.MR, Butyric Acid Market revenue would increase 4.6X between 2022 and 2032, reaching roughly US$ 1.6 Bn in 2032.
  • In terms of Product Type, Synthetic Butyric Acid is projected to account for the highest projected CAGR of over 17.6%.
  • In terms of application, Animal feed accounted for the highest CAGR of 14.5% during the historic period (2017-21).
  • US is the dominant country in Butyric Acid Market with an expected absolute dollar growth opportunity of over US$ 260.2 Mn.

Competitive Landscape:

The butyric acid market is highly competitive, with the presence of numerous global and domestic players. Companies in this market are actively focusing on developing enhanced analytical solutions and expanding their product portfolios. Key players are prioritizing strategic alliances and technology collaborations to strengthen their market position. Tier 2 players, in particular, are aiming to increase their market share in the butyric acid industry.

Recent key developments include:

  • In May 2022, Petronas Chemical Group acquired Perstorp Holding AB, a move aimed at boosting innovation and advancing sustainable product transformation for the company.

Further updates and developments related to key players in the butyric acid market have been tracked by Fact.MR and can be accessed in the full report.

View Full Report: https://www.globenewswire.com/news-release/2024/12/17/2998055/0/en/Butyric-Acid-Derivatives-Market-is-Projected-to-Reach-US-1-758-7-Million-with-Growing-at-7-2-CAGR-by-2034-Fact-MR-Report.html#:~:text=Rockville%2C%20MD%20%2C%20Dec.,7.2%25%20from%202024%20to%202034.

Comments

Post a Comment

Popular posts from this blog

Cocoa Butter Market Recent Developments, Research Analysis Forecast 2028

The global cocoa butter market is on an upward trajectory, driven by booming demand across food, beverage, and personal care industries. This growth is anchored in the enduring popularity of chocolate, the rising inclination towards organic personal care products, and the broadening of cocoa butter’s application scope. Manufacturers are responding with innovations and sustainability-driven sourcing strategies to capture emerging opportunities and cater to evolving consumer preferences. Market Overview: Cocoa butter, derived from cocoa beans, is a pale-yellow, edible fat renowned for its rich texture, stability, and smooth melting properties. As a key ingredient in chocolate, it plays an indispensable role in delivering the taste and mouthfeel consumers crave. However, cocoa butter’s uses extend far beyond confections. It is also a crucial component in cosmetics, pharmaceuticals, and skincare products due to its moisturizing and emollient properties. The market is witnessing a sh...
Read more

Ulcerative Colitis Therapeutics Market Recent Developments, Research Analysis Forecast 2035

The global ulcerative colitis therapeutics market is projected to be worth USD 7.2 billion in 2025 and is expected to expand at a CAGR of 5.1%, reaching USD 11.9 billion by 2035, according to Fact.MR. Ulcerative colitis is a chronic form of inflammatory bowel disease (IBD) characterized by inflammation and ulceration in the colon and rectum. In 2024, the market experienced notable growth, driven by a rising prevalence of IBD and the increasing adoption of biologics and advanced small-molecule therapies. Enhanced research and development efforts have led to the emergence of more targeted treatment options, significantly improving outcomes for patients with moderate to severe forms of the disease. Therapy for ulcerative colitis has two basic objectives. The first is to reduce symptom severity and improve patient comfort, while also promoting gut repair. The second goal is to prevent further flare-ups. The goal of treatment is to reduce and control the disease's indications and s...
Read more

Global Pulse Flour Market to Reach New Heights by 2025: Comprehensive Size and Share Analysis

 The Pulse Flour Market is projected to be valued at USD 24.7 billion in 2025. According to Fact.MR's analysis, the market is set to expand at a robust CAGR of 10.5%, reaching USD 67.5 billion by 2035. In 2024, the market experienced substantial growth, largely driven by increasing consumer awareness around health and nutrition. The rising demand for gluten-free and health-focused food products, along with the growing popularity of plant-based diets, played a key role in this expansion. The high protein and fiber content of pulse flours further contributed to their growing appeal. Looking ahead, the Pulse Flour Market is expected to maintain its upward trajectory through 2035. Sustained demand for plant-based protein sources, expanding applications of pulse flours in bakery and confectionery products, and the ongoing trend toward gluten-free diets are anticipated to fuel market growth. Additionally, advancements in food processing technologies and continuous product innovation...
Read more