Lucintel anticipates that Asia Pacific will be the fastest growing region in the butyric acid market

   October 3, 2019
According to a new market report by Lucintel, the future of the butyric acid market looks promising with opportunities in animal feed, chemical intermediates, food and flavors, pharmaceuticals, and perfume applications. The butyric acid market is expected to grow with a CAGR of 15.1% from 2019 to 2024. The major growth drivers for this market are increasing demand from various end use industries and stringent regulations relating to the use of antibiotics in animal feed especially in Europe and North America.

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In this market, synthetic butyric acid and renewable butyric acid are the major product form. Synthetic butyric acid is the largest product form.

Within the butyric acid market, animal feed, chemical intermediates, food and flavors, pharmaceuticals, perfume, and others are the major applications. Animal feed is the largest segment for butyric acid.

Asia Pacific is anticipated to remain the largest market over the forecast period due to increase in population and the rise in demand of the animal feed market.

Eastman Chemical Company, Perstorp Holding AB, Oxea GmbH, Blue Marble Biomaterials, LLC, Tokyo Chemical Industry Co. Ltd., Beijing Huamaoyuan Fragrance Flavor Co. Ltd., Snowco Industrial Co. Ltd., and Parche are among the major manufacturers of butyric acid.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the butyric acid market by product form, application, and region. Lucintel has prepared a comprehensive research report entitled "Butyric Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the butyric acid market by product form, application, and region as follows:

By Product Form [$M shipment analysis for 2013 – 2024]:

  • Synthetic Butyric Acid

  • Renewable Butyric Acid

By Application [$M shipment analysis for 2013 – 2024]:

  • Animal Feed

  • Chemical Intermediates

  • Food and Flavors

  • Pharmaceuticals

  • Perfume

  • Others

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

  • Europe

  • Asia Pacific

  • RoW

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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