Natural Butyric Acid Market Size, Demand & 2028 Forecast

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Natural Butyric Acid Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Dietary Supplement, Animal Feed, Flavor and Fragrance, Chemical Intermediate, Pharmaceutical, and Others)

Publication Month: Jan 2023 | Report Code: TIPRE00029789 | No. of Pages: 154 | Category: Chemicals and Materials | Status: Published

The natural butyric acid market is expected to grow from US$ 224.88 million in 2022 to US$ 326.5 million by 2028; it is estimated to register a CAGR of 6.4% from 2022 to 2028.

Butyric acid is a colorless carboxylic acid formed by the bacterial fermentation of carbohydrates and dietary fibers. It can be produced from various types of renewable biomass, including corn husk, brown algae, wheat straw, sugarcane bagasse, and sorghum stalk. Natural butyric acid has gained significant attention because of consumer demand for food, pharmaceuticals, animal feed supplements, and cosmetics with green and natural ingredients. The growing population and increasing per capita income globally are the major factors that are boosting the demand for flavored foods. Low-molecular-weight esters of natural butyric acid such as methyl butyrate have mostly pleasant aromas or tastes; hence, they are mainly used as food and perfume additives. Also, natural butyric acid-based flavors and fragrances have various applications in the dairy and beverage industries. Thus, the growing consumption of food and dairy products worldwide is driving the natural butyric acid market growth.

The demand for specialty chemicals is rising across industries such as food, chemical, and flavors, wherein they are used to formulate or manufacture another product. There are various applications of specialty chemicals such as natural butyric acid used in food flavors, as additives for increasing fruit fragrance, and as an aromatic compound in perfumes. Furthermore, the growing demand for plant-based food & beverage products, and the increasing popularity of clean-label and ethical food products would continue to boost the natural butyric acid market growth over the coming years.

Strategic Insights

Report Coverage - Natural Butyric Acid Market
Report CoverageDetails
Market Size Value inUS$ 224.88 Million in 2022
Market Size Value byUS$ 326.5 Million by 2028
Growth rateCAGR of 6.4% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
No. of Pages154
No. of Tables59
No. of Charts & Figures96
Historical data availableYes
Segments coveredApplication
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Natural Butyric Acid Market Forecast, by Region, 2021–2028

Natural Butyric Acid Market Forecast, by Region, 2021–2028

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Market Insights

Increasing Demand from Pharmaceuticals and Flavor & Fragrance Manufacturing Industries Drives Natural Butyric Acid Market Growth

Natural butyric acid has many applications in the pharmaceuticals industry. This short-chain fatty acid plays a key role in improving digestive health, managing weight, and preventing cancer. The compound is well known for its anti-cancer properties as it induces morphological and biochemical differentiation in various cells; it has also been studied for its colon cancer-suppressing abilities. Several research institutes are engaged in the development of prodrugs containing butyric acid, which can be used as a potential treatment of cancers and leukemia, and side effects of alopecia caused by chemotherapy. Thus, with growing health concerns among consumers and increasing focus on healthy living, the demand for natural products is growing at a significant pace.

Natural butyric acid is widely used in fragrances due to its pungent smell. Butyric acids are also used to produce esters such as butyl butyrate and ethyl butyrate, which are used as solvents and fragrances in perfumes. An elevation in the standard of living, and a transformed lifestyle of Gen Z and millennials have been triggering the use of luxury products, including perfumes, which eventually bolsters the natural butyric acid market.

Application Insights

Based on application, the global natural butyric acid market is segmented into dietary supplements, animal feed, flavors & fragrances, chemical intermediates, pharmaceuticals, and others. In 2021, the pharmaceutical segment dominated the market. The growing population and increasing per capita income globally are the major factors that are boosting the demand for flavored foods. Natural butyric acid is a widely used flavoring agent in food and beverages, as it has a fruity and cheesy flavor. Various prodrugs that are derivatives of natural butyric acid are used in the treatment of hemoglobinopathies, including leukemia and sickle cell anemia (SCA). Also, the application of natural butyric acid in radio- and chemotherapy-induced alopecia for protecting hair follicles is gaining traction. These factors are expected to drive segment growth during the forecast period.

Natural Butyric Acid Market, by Application – 2021–2028

Natural Butyric Acid Market, by Application – 2021–2028

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Merck KGaA, Vigon International LLC, Kunshan Odowell Co Ltd, Aurochemicals LLC, Biosynth AG, Elan Chemical Co, Ernesto Ventos SA, Phoenix Aromas & Essential Oils LLC, Berje Inc, and Eastman Chemical Co are among the key players operating in the natural butyric acid market. The leading players adopt strategies such as mergers and acquisitions, and product launches to expand their geographic presence and consumer base.  

Report Spotlights

  • Progressive trends in the natural butyric acid industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the global natural butyric acid market from 2020 to 2028
  • Estimation of the demand for natural butyric acid across various industries
  • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the natural butyric acid industry
  • Recent developments to understand the competitive market scenario and demand for natural butyric acid
  • Market trends and outlook, and factors governing the growth of the natural butyric acid market
  • Understanding the strategies that underpin commercial interest with regard to the market growth, aiding in the decision-making process
  • Natural butyric acid market size at various nodes of market
  • Detailed overview and segmentation of the market, as well as its industry dynamics
  • Natural butyric acid market size in various regions with promising growth opportunities

The "Natural Butyric Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on market trend analysis. The report aims to provide an overview of the market with detailed segmentation. The natural butyric acid market is segmented on the basis of application and geography. Based on application, the market is segmented into pharmaceutical & dietary supplement, animal feed, flavor and fragrances, chemical intermediates, pharmaceuticals, and others. Based on geography, the natural butyric acid market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, Asia Pacific dominated the market. The food & beverage industry in Asia Pacific is growing at a rapid pace. It is the most populated region in the world, and the region hosts one of the world's most rapidly developing consumer markets. These factors contribute to a high demand for natural butyric acid in this region. Further, North America is expected to register the highest CAGR in the natural butyric acid market during the forecast period.

Frequently Asked Questions

The major players operating in the natural butyric acid market are Merck KGaA, Vigon International LLC, Kunshan Odowell Co Ltd, Aurochemicals LLC, Biosynth AG, Elan Chemical Co, Ernesto Ventos SA, Phoenix Aromas & Essential Oils LLC, Berje Inc, and Eastman Chemical Co.
In 2021, Asia-Pacific accounted for the largest share of the global natural butyric acid market. Growing demand from different end-use industries, including flavor & fragrances, animal feed, and pharmaceuticals, led to the dominance of the Asia Pacific region in 2021.
In 2021, the pharmaceutical segment held the largest market share. Increased use of natural butyric acid in pharmaceutical products due to its anticancer properties led to the dominance of the pharmaceutical segment in the natural butyric acid market.
During the forecast period, the flavors and fragrances segment is expected to be the fastest-growing segment. The growing population and increasing per capita income globally are the major factors that are boosting the demand for flavored foods. In addition, the growing consumption of food and dairy products globally is expected to accelerate the growth of the flavor and food fragrance segment of the natural butyric acid market.
During the forecast period, North America is expected to be the fastest-growing region. The region is witnessing high demand for natural butyric acid due to its increasing application in the pharmaceutical industry, which is expected to accelerate natural butyric acid market demand during the forecast period.
The natural butyric acid market is expanding as a result of growth in the flavor and fragrance industry. The increasing consumer focus on fitness and body weight regulation due to changes in lifestyles and eating habits has driven the use of natural butyric acid in fortified products, which is supporting the natural butyric acid market growth.

The List of Companies - Natural Butyric Acid Market 

  1. Merck KGaA
  2. Vigon International LLC
  3. Kunshan Odowell Co Ltd
  4. Aurochemicals LLC
  5. Biosynth AG
  6. Elan Chemical Co
  7. Ernesto Ventos SA
  8. Phoenix Aromas & Essential Oils LLC
  9. Berje Inc
  10. Eastman Chemical Co
  • Progressive industry trends in the natural butyric acid market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the natural butyric acid market from 2020 to 2028
  • Estimation of the demand for natural butyric acid across various industries
  • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
  • Recent developments to understand the competitive market scenario and the demand for natural butyric acid across the globe
  • Market trends and outlook coupled with factors driving and restraining the growth of the natural butyric acid market.
  • Decision-making process by understanding strategies that underpin commercial interest concerning the global natural butyric acid market growth
  • The global natural butyric acid market size at various nodes of market
  • Detailed overview and segmentation of the natural butyric acid market as well as its dynamics in the industry
  • The natural butyric acid market size in different regions with promising growth opportunities
TIPRE00029789
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