Summary

Global Butyric Acid Market 2024-2028
The butyric acid market is forecasted to grow by USD 221.59 mn during 2023-2028, accelerating at a CAGR of 9.7% during the forecast period. The report on the butyric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing incidence of gastrointestinal diseases, growing demand for butyric acid for animal feed applications, and increasing demand for food flavoring substances in processed foods.
Technavio's butyric acid market is segmented as below:
By Application
• Animal feed
• Food and flavors
• Pharmaceuticals
• Chemical intermediates
• Others
By Type
• Synthetic
• Renewable
By Geographical Landscape
• APAC
• North America
• Europe
• South America
• Middle East and Africa
This study identifies the emerging use of butyric acid in bio-derived biofuels as one of the prime reasons driving the butyric acid market growth during the next few years. Also, rise in number of new product launches by market vendors and increasing number of M and A among market vendors will lead to sizable demand in the market.
The report on the butyric acid market covers the following areas:
• Butyric acid market sizing
• Butyric acid market forecast
• Butyric acid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading butyric acid market vendors that include 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.. Also, the butyric acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/butyric-acid-market-industry-analysis
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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Table of Contents

- 1 Executive Summary
o 1.1 Market overview
o Exhibit 01: Executive Summary - Chart on Market Overview
o Exhibit 02: Executive Summary - Data Table on Market Overview
o Exhibit 03: Executive Summary - Chart on Global Market Characteristics
o Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
o Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
o Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
o Exhibit 07: Executive Summary - Chart on Incremental Growth
o Exhibit 08: Executive Summary - Data Table on Incremental Growth
o Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
- 2 Market Landscape
o 2.1 Market ecosystem
o Exhibit 10: Parent market
o Exhibit 11: Market Characteristics
- 3 Market Sizing
o 3.1 Market definition
o Exhibit 12: Offerings of vendors included in the market definition
o 3.2 Market segment analysis
o Exhibit 13: Market segments
o 3.3 Market size 2023
o 3.4 Market outlook: Forecast for 2023-2028
o Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
o Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
o Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
o Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- 4 Historic Market Size
o 4.1 Global butyric acid market 2018 - 2022
o Exhibit 18: Historic Market Size - Data Table on global butyric acid market 2018 - 2022 ($ million)
o 4.2 Application Segment Analysis 2018 - 2022
o Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
o 4.3 Type Segment Analysis 2018 - 2022
o Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
o 4.4 Geography Segment Analysis 2018 - 2022
o Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
o 4.5 Country Segment Analysis 2018 - 2022
o Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
- 5 Five Forces Analysis
o 5.1 Five forces summary
o Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
o 5.2 Bargaining power of buyers
o Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
o 5.3 Bargaining power of suppliers
o Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
o 5.4 Threat of new entrants
o Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
o 5.5 Threat of substitutes
o Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
o 5.6 Threat of rivalry
o Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
o 5.7 Market condition
o Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
- 6 Market Segmentation by Application
o 6.1 Market segments
o Exhibit 30: Chart on Application - Market share 2023-2028 (%)
o Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
o 6.2 Comparison by Application
o Exhibit 32: Chart on Comparison by Application
o Exhibit 33: Data Table on Comparison by Application
o 6.3 Animal feed - Market size and forecast 2023-2028
o Exhibit 34: Chart on Animal feed - Market size and forecast 2023-2028 ($ million)
o Exhibit 35: Data Table on Animal feed - Market size and forecast 2023-2028 ($ million)
o Exhibit 36: Chart on Animal feed - Year-over-year growth 2023-2028 (%)
o Exhibit 37: Data Table on Animal feed - Year-over-year growth 2023-2028 (%)
o 6.4 Food and flavors - Market size and forecast 2023-2028
o Exhibit 38: Chart on Food and flavors - Market size and forecast 2023-2028 ($ million)
o Exhibit 39: Data Table on Food and flavors - Market size and forecast 2023-2028 ($ million)
o Exhibit 40: Chart on Food and flavors - Year-over-year growth 2023-2028 (%)
o Exhibit 41: Data Table on Food and flavors - Year-over-year growth 2023-2028 (%)
o 6.5 Pharmaceuticals - Market size and forecast 2023-2028
o Exhibit 42: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
o Exhibit 43: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
o Exhibit 44: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
o Exhibit 45: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
o 6.6 Chemical intermediates - Market size and forecast 2023-2028
o Exhibit 46: Chart on Chemical intermediates - Market size and forecast 2023-2028 ($ million)
o Exhibit 47: Data Table on Chemical intermediates - Market size and forecast 2023-2028 ($ million)
o Exhibit 48: Chart on Chemical intermediates - Year-over-year growth 2023-2028 (%)
o Exhibit 49: Data Table on Chemical intermediates - Year-over-year growth 2023-2028 (%)
o 6.7 Others - Market size and forecast 2023-2028
o Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
o Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
o Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
o Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
o 6.8 Market opportunity by Application
o Exhibit 54: Market opportunity by Application ($ million)
o Exhibit 55: Data Table on Market opportunity by Application ($ million)
- 7 Market Segmentation by Type
o 7.1 Market segments
o Exhibit 56: Chart on Type - Market share 2023-2028 (%)
o Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
o 7.2 Comparison by Type
o Exhibit 58: Chart on Comparison by Type
o Exhibit 59: Data Table on Comparison by Type
o 7.3 Synthetic - Market size and forecast 2023-2028
o Exhibit 60: Chart on Synthetic - Market size and forecast 2023-2028 ($ million)
o Exhibit 61: Data Table on Synthetic - Market size and forecast 2023-2028 ($ million)
o Exhibit 62: Chart on Synthetic - Year-over-year growth 2023-2028 (%)
o Exhibit 63: Data Table on Synthetic - Year-over-year growth 2023-2028 (%)
o 7.4 Renewable - Market size and forecast 2023-2028
o Exhibit 64: Chart on Renewable - Market size and forecast 2023-2028 ($ million)
o Exhibit 65: Data Table on Renewable - Market size and forecast 2023-2028 ($ million)
o Exhibit 66: Chart on Renewable - Year-over-year growth 2023-2028 (%)
o Exhibit 67: Data Table on Renewable - Year-over-year growth 2023-2028 (%)
o 7.5 Market opportunity by Type
o Exhibit 68: Market opportunity by Type ($ million)
o Exhibit 69: Data Table on Market opportunity by Type ($ million)
- 8 Customer Landscape
o 8.1 Customer landscape overview
o Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 9 Geographic Landscape
o 9.1 Geographic segmentation
o Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
o Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
o 9.2 Geographic comparison
o Exhibit 73: Chart on Geographic comparison
o Exhibit 74: Data Table on Geographic comparison
o 9.3 APAC - Market size and forecast 2023-2028
o Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
o Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
o Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
o Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
o 9.4 North America - Market size and forecast 2023-2028
o Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
o Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
o Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
o Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
o 9.5 Europe - Market size and forecast 2023-2028
o Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
o Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
o Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
o Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
o 9.6 South America - Market size and forecast 2023-2028
o Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
o Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
o Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
o Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
o 9.7 Middle East and Africa - Market size and forecast 2023-2028
o Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
o Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
o Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
o Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
o 9.8 US - Market size and forecast 2023-2028
o Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
o Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
o Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
o Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
o 9.9 China - Market size and forecast 2023-2028
o Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
o Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
o Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
o Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
o 9.10 Germany - Market size and forecast 2023-2028
o Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
o Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
o Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
o Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
o 9.11 India - Market size and forecast 2023-2028
o Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
o Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
o Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
o Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
o 9.12 Brazil - Market size and forecast 2023-2028
o Exhibit 111: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
o Exhibit 112: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
o Exhibit 113: Chart on Brazil - Year-over-year growth 2023-2028 (%)
o Exhibit 114: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
o 9.13 Market opportunity By Geographical Landscape
o Exhibit 115: Market opportunity By Geographical Landscape ($ million)
o Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
- 10 Drivers, Challenges, and Trends
o 10.1 Market drivers
o 10.2 Market challenges
o 10.3 Impact of drivers and challenges
o Exhibit 117: Impact of drivers and challenges in 2023 and 2028
o 10.4 Market trends
- 11 Vendor Landscape
o 11.1 Overview
o 11.2 Vendor landscape
o Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
o 11.3 Landscape disruption
o Exhibit 119: Overview on factors of disruption
o 11.4 Industry risks
o Exhibit 120: Impact of key risks on business
- 12 Vendor Analysis
o 12.1 Vendors covered
o Exhibit 121: Vendors covered
o 12.2 Market positioning of vendors
o Exhibit 122: Matrix on vendor position and classification
o 12.3 AFYREN
o Exhibit 123: AFYREN - Overview
o Exhibit 124: AFYREN - Product / Service
o Exhibit 125: AFYREN - Key offerings
o 12.4 ARVESTA BV
o Exhibit 126: ARVESTA BV - Overview
o Exhibit 127: ARVESTA BV - Product / Service
o Exhibit 128: ARVESTA BV - Key offerings
o 12.5 Central Drug House
o Exhibit 129: Central Drug House - Overview
o Exhibit 130: Central Drug House - Product / Service
o Exhibit 131: Central Drug House - Key offerings
o 12.6 Eastman Chemical Co.
o Exhibit 132: Eastman Chemical Co. - Overview
o Exhibit 133: Eastman Chemical Co. - Business segments
o Exhibit 134: Eastman Chemical Co. - Key news
o Exhibit 135: Eastman Chemical Co. - Key offerings
o Exhibit 136: Eastman Chemical Co. - Segment focus
o 12.7 Ennore India Chemical International
o Exhibit 137: Ennore India Chemical International - Overview
o Exhibit 138: Ennore India Chemical International - Product / Service
o Exhibit 139: Ennore India Chemical International - Key offerings
o 12.8 Hefei TNJ Chemical Industry Co. Ltd.
o Exhibit 140: Hefei TNJ Chemical Industry Co. Ltd. - Overview
o Exhibit 141: Hefei TNJ Chemical Industry Co. Ltd. - Product / Service
o Exhibit 142: Hefei TNJ Chemical Industry Co. Ltd. - Key offerings
o 12.9 Kemin Industries Inc.
o Exhibit 143: Kemin Industries Inc. - Overview
o Exhibit 144: Kemin Industries Inc. - Product / Service
o Exhibit 145: Kemin Industries Inc. - Key offerings
o 12.10 KUNSHAN ODOWELL CO. LTD.
o Exhibit 146: KUNSHAN ODOWELL CO. LTD. - Overview
o Exhibit 147: KUNSHAN ODOWELL CO. LTD. - Product / Service
o Exhibit 148: KUNSHAN ODOWELL CO. LTD. - Key offerings
o 12.11 Merck KGaA
o Exhibit 149: Merck KGaA - Overview
o Exhibit 150: Merck KGaA - Business segments
o Exhibit 151: Merck KGaA - Key news
o Exhibit 152: Merck KGaA - Key offerings
o Exhibit 153: Merck KGaA - Segment focus
o 12.12 METabolic EXplorer SA
o Exhibit 154: METabolic EXplorer SA - Overview
o Exhibit 155: METabolic EXplorer SA - Product / Service
o Exhibit 156: METabolic EXplorer SA - Key offerings
o 12.13 OQ SAOC
o Exhibit 157: OQ SAOC - Overview
o Exhibit 158: OQ SAOC - Product / Service
o Exhibit 159: OQ SAOC - Key offerings
o 12.14 PETRONAS Chemicals Group Berhad
o Exhibit 160: PETRONAS Chemicals Group Berhad - Overview
o Exhibit 161: PETRONAS Chemicals Group Berhad - Business segments
o Exhibit 162: PETRONAS Chemicals Group Berhad - Key news
o Exhibit 163: PETRONAS Chemicals Group Berhad - Key offerings
o Exhibit 164: PETRONAS Chemicals Group Berhad - Segment focus
o 12.15 Shri Rajaram Chemicals and Engg
o Exhibit 165: Shri Rajaram Chemicals and Engg - Overview
o Exhibit 166: Shri Rajaram Chemicals and Engg - Product / Service
o Exhibit 167: Shri Rajaram Chemicals and Engg - Key offerings
o 12.16 Tokyo Chemical Industry Co. Ltd.
o Exhibit 168: Tokyo Chemical Industry Co. Ltd. - Overview
o Exhibit 169: Tokyo Chemical Industry Co. Ltd. - Product / Service
o Exhibit 170: Tokyo Chemical Industry Co. Ltd. - Key offerings
o 12.17 Yufeng International Group Co. Ltd.
o Exhibit 171: Yufeng International Group Co. Ltd. - Overview
o Exhibit 172: Yufeng International Group Co. Ltd. - Product / Service
o Exhibit 173: Yufeng International Group Co. Ltd. - Key offerings
- 13 Appendix
o 13.1 Scope of the report
o 13.2 Inclusions and exclusions checklist
o Exhibit 174: Inclusions checklist
o Exhibit 175: Exclusions checklist
o 13.3 Currency conversion rates for US$
o Exhibit 176: Currency conversion rates for US$
o 13.4 Research methodology
o Exhibit 177: Research methodology
o Exhibit 178: Validation techniques employed for market sizing
o Exhibit 179: Information sources
o 13.5 List of abbreviations
o Exhibit 180: List of abbreviations