According to the research report titled ‘Global Butyric Acid Market Size By Type (Synthetic, Renewable), By Application (Pharmaceutical, Biofuel, Food Additive & Flavoring, Animal Feed, Cosmetic, Plasticizer, Leather Tanning), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global butyric acid market is likely to showcase substantial growth during 2021-2027.
 

Widespread adoption of cosmetic products including deodorants and perfumes, rising demand for leather tanning, and increasing awareness regarding various health benefits associated with the product are key factors driving the growth of global butyric acid market.
 

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Also known as butanoic acid, butyric acid is essentially a saturated short-chain fatty acid which has a four-carbon backbone. It is a colorless liquid and has a powerful unpleasant odor that can be corrosive in nature.
 

Advantageous attributes associated with the product such as its ability to offer colon cells with energy is also adding traction to global butyric acid industry. Studies have found that regular consumption of butyric acid-rich diet can potentially help in reducing the risk of acquiring colon cancer.
 

Elaborating on the application spectrum, global butyric acid industry size from others segment is expected to record 13.2% CAGR through 2027.
 

From the regional point of view, the report cites that Latin America market is predicted to expand with a CAGR of 13.9% during 2021-2027, primarily due to rising adoption of butyric acid for leather tanning.
 

On the other hand, Middle East & Africa butyric acid industry size is deemed to witness 19.4% CAGR through 2027. This can be credited to rising usage of cosmetic products in the region.
 

Global butyric acid market is defined by companies such as Beijing Huamaoyuan Fragrance Flavor Company Ltd., Alfa Aesar GmbH & CO KG, Snowco Industrial Co. Ltd., Blue Marble Biomaterials, Tokyo Chemical Industry Co. Ltd., Eastman Chemical Company, Dmitrievsky Chemical Plant, Perstorp Holding AB, and OXEA GmbH among others.