Asia Pacific Butyric Acid Market Share

Asia Pacific Butyric Acid Market Overview

Asia Pacific Butyric Acid Market Size was valued at USD 0.3 Billion in 2022. The butyric acid industry is projected to grow from USD 0.38 Billion in 2023 to USD 0.821 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.80% during the forecast period (2023 - 2032). Consumer preferences have drastically changed in favor of natural and bio-based ingredients in food goods. They are also willing to utilize more exotic and natural flavor-based cosmetic products without worrying about any negative effects on their bodies. These market drivers are projected to drive the expansion of the Asia Pacific market.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Butyric Acid Market Trends

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  Increasing demand from animal feed to accelerate market growth

  
  

Animal feed ingredients containing butyric acid are becoming more and more popular. The main ingredient in many butyrate salts and glycerine esters, or "butyrins," is butyric acid. To direct the active component to the intended organs in the animal's intestine, salts are added to feed premixes in administrative forms that are either fat-coated or non-coated. Additionally, derivatives of butyric acid are employed as feed additives in the cattle, poultry, and aquaculture industries. Animals require butyric acid to help them satisfy their nutritional needs, and it is an essential component of animal nutrition. Butyric acid is an advantageous ingredient for the animal feed business because it is required to give animals the correct kind of meal that will offer them with nutrients. Products containing butyric acid contribute to the well-being, appropriate nutrition, and effective rearing of animals. However, butyric acid is being used more frequently in animal feed in a number of regional markets as a result of the rising rates of animal diseases. Comparatively speaking to industrialized regions like Europe and North America, Asia still has very low meat consumption per person. Still, the region's meat consumption is going to skyrocket as a result of urbanization and rising wages. Demand for animal products is high because of the growing income of the relatively new middle class in most of Asia.

Pharmaceutical companies have the potential to employ butyric acid as a treatment for a variety of diseases, including inflammatory bowel disease, cancer, and genetic problems. However, as this field of research advances, butyric acid might find new uses in the development of medications and treatments. Butyric acid's anti-inflammatory qualities make it an effective treatment for inflammatory bowel disease (IBD) diseases such ulcerative colitis and Crohn's disease. Moreover, butyric acid has the potential to promote intestinal epithelial cell proliferation and repair, hence mitigating the symptoms of IBD. Furthermore, as this area of research advances, butyric acid might offer fresh chances for the development of novel drugs and cures for a range of illnesses. Thus, driving the butyric acid market revenue.

Butyric Acid Market Segment Insights

Butyric Acid Type Insights

The Asia Pacific Butyric Acid market segmentation, based on type includes Renewable Butyric Acid, Natural Butyric Acid, and Synthetic Butyric Acid. The renewable butyric acid category led the market in 2022 The factors can be attributed to the expansion in the use of synthetic butyric acid in APAC countries and its widespread appeal as a raw material because of its low cost and efficient fermentation process.

Butyric Acid Derivatives Insights

The Asia Pacific Butyric Acid market segmentation, based on derivatives, includes Sodium Butyrate, Calcium Butyrate, and Others. The calcium butyrate category generated the most income. In order to enhance animal performance and support gut health, the animal feed industry frequently uses calcium butyrate, a derivative of butyric acid. It is classified as a butyric acid derivative in the butyric acid market, particularly those that are utilized for the health and feeding of animals.

Figure 1: Asia Pacific Butyric Acid Market, by Derivatives, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Butyric Acid Application Insights

The Asia Pacific Butyric Acid market segmentation, based on application, includes Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements, and Others. The animal feed category generated the most income due to the rise in infectious animal diseases. Broiler chickens are protected against salmonella enteritidis illness by a feed additive based on butyric acid. Furthermore, butyric acid helps to enhance intestinal health and function in chickens and pigs. Thus, there is a huge market for butyric acid in the animal feed sector.

Butyric Acid Regional Insights

The highly developed healthcare system in China, together with ongoing investments made in the region over the years to improve the food processing and chemical sectors, are likely to drive the Asia-Pacific region's growth throughout the forecast period. Animal consumption of butyric acid has increased dramatically in recent years. It supports the growth and digestive health of animals, particularly young and delicate ones. The Chinese pharmaceutical industry has seen the fastest growth rates over the past few years, according to the IQVIA Institute for Human Data Science. China's pharmaceutical business brought in over CNY 3.3 trillion (USD 487.5 billion) in sales in 2021, an over 20 percent increase from the previous year.

Figure 2: ASIA PACIFIC BUTYRIC ACID MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Butyric Acid Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the butyric acid market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, butyric acid industry must offer cost-effective items.

Key Companies in the butyric acid market include

• Eastman Chemical Company (U.S.)


• Perstorp (Sweden)


• Oxea GmbH (Germany)


• Zhonglan Industry Co., Ltd. (China)


• Tokyo Chemical Industry Co., Ltd. (Japan)


• Alfa Aesar (U.S.)


• Jinan Haohua Industry Co., Ltd.(China)


• Solvay (Belgium)


• Celanese Corporation (U.S.)


• Thermo Fisher Scientific Inc. (U.S.)


• Aldon Corporation (U.S.)

Butyric Acid Market Segmentation

Butyric Acid Type Outlook

• Renewable Butyric Acid


• Natural Butyric Acid


• Synthetic Butyric Acid

Butyric Acid Derivatives Outlook

• Sodium Butyrate


• Calcium Butyrate


• Others

Butyric Acid Application Outlook

• Animal Feed


• Chemical Intermediate


• Food and Flavors


• Pharmaceuticals


• Perfumes


• Inks


• Paints and Coatings


• Human Dietary Supplements


• Others

Butyric Acid Regional Outlook

• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Indonesia
  
  
  • Thailand
  
  
  • Vietnam
  
  
  • Malaysia
  
  
  • Singapore
  
  
  • Rest of Asia-Pacific