Global Food Grade Butyric Acid Market Size, Share, Opportunities, And Trends By End-User Industry (Food and Beverage Industry, Pharmaceutical Industry, Animal Feed Industry), By Application (Flavors and Fragrances, Food Additives, Animal Feed, Pharmaceuticals), By Source (Synthetic Butyric Acid, Natural Butyric Acid), And By Geography - Forecasts From 2024 To 2029
- Published : Jan 2024
- Report Code : KSI061616578
- Pages : 149
The food grade butyric acid market is expected to witness significant growth during the forecasted period.
Butyric acid is a type of naturally forming short-chain fatty acid that is commonly found in human bodies, butter, and various other sources, which include dairy such as cheese and many others. The esters and salts are used in a wide range of applications, which include fragrances and flavourings. The majority of butyric acid is used in the food and beverage industry due to its properties of food preservation and health benefits. Butyric acid is known to be used as a supportive agent in the treatment of various diseases and disorders of the digestive tract, which include diarrhoea (specific and non-specific), diverticulitis, diversion colitis, inflammatory conditions (non-specific bowel inflammation, radiation-induced bowel inflammation), post-surgery (resections, short bowel syndrome), functional disturbances (irritable bowel syndrome), and many other conditions.
Introduction:
The food-grade butyric acid market growth is attributed to factors such as the increase in demand for animal feed, which arose due to the increase in demand for animal proteins and food demand. The increase in animal feed demand will be expected to increase the application of butyric acid in animal feed, which has been a common practice as of the present due to its health benefits provided to poultry such as broilers, and swine.
Market Drivers:
- Increasing demand for animal feed: The increase in demand for animal feed is one of the major factors that lead to the global food grade butyric acid market growth. This is due to the health benefits that butyric acid adds to animal feed and is known to be an additive used in animal feeds. Butyric acid is known for improving gut health and the development of the intestinal epithelium. It is also known to be beneficial in broilers and swine feed due to the upregulation of the expression of tight junction protein in intestines and increased antioxidant levels, which help in the promotion of healing in the GI tract. It is also a type of organic acid that benefits poultry through the feed, which includes poultry health, performance, and egg quality, since it is most efficacious against pathogenic bacteria, which include Salmonella spp, and Escherichia coli, and also stimulates the population of beneficial gut bacteria. As per the International Feed Industry Federation, the world compound feed production accounts for an estimated 1 billion annually and generates an annual turnover of over US$400 billion. It is also expected that the demand for food will be expected to increase by 60% between 2010 and 2050, which will boost the production of animal protein. The increase in animal production leads to the increase in demand for animal feed, which further drives the growth of the food grade butyric acid that is used in animal feed products and mixtures in the market.
Key Players:
- Eastman Chemical Company: A global manufacturer and distributor of speciality chemicals, fibres, and advanced materials, known for the production of high-grade butyric acid usable in food and beverage products worldwide.
- Kemin Industries: A global ingredients supplier that is known to offer more than 500 speciality ingredients to customers in 120 countries worldwide. Their product portfolio includes a wide range of products, which include antioxidant formulations, natural extracts, and liquid formulas.
Regional Analysis:
The Asia Pacific region is expected to witness significant growth in the food-grade butyric acid market during the forecasted period of 2024-2029. The factors that affect the growth in this region are the increasing population and growing urbanization, which propels the demand for food products in the region during the forecast period. The increase in the overall population in this region and the growth in urbanization will drive the growth of food demand in this region, leading to an expected increase in the need for food preservatives and additives in the market. Butyric acid is known for being a food additive that is used in food and animal feed products, and is also known for being an intermediate in fragrances and food. Its application includes dairy, confectionery, baked goods and snacks. As per the Economic and Social Commission for Asia and the Pacific (ESCAP), the current population has accounted for an estimated 4.7 billion in the region, which is 60% of the total global population. It is also expected that the regional population will increase to reach 5.2 billion by 2050, with the top contributors being India and China. Along with the increase of the Asia Pacific total population, urbanization will also be expected to increase, further assisting in the food-grade butyric market growth. As per the United Nations Children’s Fund (UNICEF), the Asia Pacific displays significant growth in urbanization, with 55% of the region’s population expected to reside in urban areas by 2030, which further increases the demand for food and nutrition. Hence, the increase in regional population and urbanization will propel the growth in demand for food and nutrition, including ready-to-eat and other types of food, which further drives the butyric acid market growth due to its dependence on food as preservatives and additives.
Market Developments:
- October 2023: Kemin Industries announced the release of their encapsulated low-odour source of calcium butyrate that is safe for daily consumption and provides a targeted release of butyric acid at more than 35%, dubbed ButiShield. The short-chain fatty acid butyrate has proven to provide various health benefits, which include strength, integrity, and health of the intestinal wall. This further leads to extra-intestinal health benefits, which include shaping a healthy microbiome and gastrointestinal environment, a primary energy source for healthy intestinal cells, enhancing intestinal barrier integrity, and promoting a healthy gastrointestinal environment.
Segmentation:
- By End-User Industry:
- Food and Beverage Industry
- Pharmaceutical Industry
- Animal Feed Industry
- By Application:
- Flavors and Fragrances
- Food Additives
- Animal Feed
- Pharmaceuticals
- By Source:
- Synthetic Butyric Acid
- Natural Butyric Acid
- By Geography:
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. GLOBAL FOOD GRADE BUTYRIC ACID MARKET BY END-USER INDUSTRY
5.1. Introduction
5.2. Food and Beverage Industry
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.2.3. Geographic Lucrativeness
5.3. Pharmaceutical Industry
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.3.3. Geographic Lucrativeness
5.4. Animal Feed Industry
5.4.1. Market Trends and Opportunities
5.4.2. Growth Prospects
5.4.3. Geographic Lucrativeness
6. GLOBAL FOOD GRADE BUTYRIC ACID MARKET BY APPLICATION
6.1. Introduction
6.2. Flavors and Fragrances
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.2.3. Geographic Lucrativeness
6.3. Food Additives
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.3.3. Geographic Lucrativeness
6.4. Animal Feed
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
6.4.3. Geographic Lucrativeness
6.5. Pharmaceuticals
6.5.1. Market Trends and Opportunities
6.5.2. Growth Prospects
6.5.3. Geographic Lucrativeness
7. GLOBAL FOOD GRADE BUTYRIC ACID MARKET BY SOURCE
7.1. Introduction
7.2. Synthetic Butyric Acid
7.2.1. Market Trends and Opportunities
7.2.2. Growth Prospects
7.2.3. Geographic Lucrativeness
7.3. Natural Butyric Acid
7.3.1. Market Trends and Opportunities
7.3.2. Growth Prospects
7.3.3. Geographic Lucrativeness
8. GLOBAL FOOD GRADE BUTYRIC ACID MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Material
8.2.2. By Application
8.2.3. By Product Type
8.2.4. By Country
8.2.4.1. United States
8.2.4.1.1. Market Trends and Opportunities
8.2.4.1.2. Growth Prospects
8.2.4.2. Canada
8.2.4.2.1. Market Trends and Opportunities
8.2.4.2.2. Growth Prospects
8.2.4.3. Mexico
8.2.4.3.1. Market Trends and Opportunities
8.2.4.3.2. Growth Prospects
8.3. South America
8.3.1. By Material
8.3.2. By Application
8.3.3. By Product Type
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.1.1. Market Trends and Opportunities
8.3.4.1.2. Growth Prospects
8.3.4.2. Argentina
8.3.4.2.1. Market Trends and Opportunities
8.3.4.2.2. Growth Prospects
8.3.4.3. Others
8.3.4.3.1. Market Trends and Opportunities
8.3.4.3.2. Growth Prospects
8.4. Europe
8.4.1. By Material
8.4.2. By Application
8.4.3. By Product Type
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.1.1. Market Trends and Opportunities
8.4.4.1.2. Growth Prospects
8.4.4.2. Germany
8.4.4.2.1. Market Trends and Opportunities
8.4.4.2.2. Growth Prospects
8.4.4.3. France
8.4.4.3.1. Market Trends and Opportunities
8.4.4.3.2. Growth Prospects
8.4.4.4. Italy
8.4.4.4.1. Market Trends and Opportunities
8.4.4.4.2. Growth Prospects
8.4.4.5. Spain
8.4.4.5.1. Market Trends and Opportunities
8.4.4.5.2. Growth Prospects
8.4.4.6. Others
8.4.4.6.1. Market Trends and Opportunities
8.4.4.6.2. Growth Prospects
8.5. Middle East and Africa
8.5.1. By Material
8.5.2. By Application
8.5.3. By Product Type
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.1.1. Market Trends and Opportunities
8.5.4.1.2. Growth Prospects
8.5.4.2. UAE
8.5.4.2.1. Market Trends and Opportunities
8.5.4.2.2. Growth Prospects
8.5.4.3. Others
8.5.4.3.1. Market Trends and Opportunities
8.5.4.3.2. Growth Prospects
8.6. Asia Pacific
8.6.1. By Material
8.6.2. By Application
8.6.3. By Product Type
8.6.4. By Country
8.6.4.1. Japan
8.6.4.1.1. Market Trends and Opportunities
8.6.4.1.2. Growth Prospects
8.6.4.2. China
8.6.4.2.1. Market Trends and Opportunities
8.6.4.2.2. Growth Prospects
8.6.4.3. India
8.6.4.3.1. Market Trends and Opportunities
8.6.4.3.2. Growth Prospects
8.6.4.4. South Korea
8.6.4.4.1. Market Trends and Opportunities
8.6.4.4.2. Growth Prospects
8.6.4.5. Taiwan
8.6.4.5.1. Market Trends and Opportunities
8.6.4.5.2. Growth Prospects
8.6.4.6. Thailand
8.6.4.6.1. Market Trends and Opportunities
8.6.4.6.2. Growth Prospects
8.6.4.7. Indonesia
8.6.4.7.1. Market Trends and Opportunities
8.6.4.7.2. Growth Prospects
8.6.4.8. Others
8.6.4.8.1. Market Trends and Opportunities
8.6.4.8.2. Growth Prospects
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Eastman Chemical Company
10.2. Perstorp Group
10.3. OQ Chemicals GmbH
10.4. Tokyo Chemical Industry Co., Ltd.
10.5. Merck KGaA
10.6. Kemin Industries, Inc.
Eastman Chemical Company
OQ Chemicals GmbH
Tokyo Chemical Industry Co., Ltd.
Merck KGaA
Kemin Industries, Inc.
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Cosmetic Chemicals Market Size: Industry Report, 2024-2029 | Aug 2024 | |
Wood Preservative Chemicals Market Size: Industry Report, 2019-2024 | Apr 2021 | |
Cosmetics Ingredients Market Size: Industry Report, 2023-2028 | Jan 2023 | |
Naphthenic Acid Market Size & Share: Industry Report, 2023-2028 | Sep 2023 | |
Cosmetic Preservatives Market Size & Share: Report, 2024-2029 | Jan 2024 |