As per 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 MarketStudyReport, global butyric acid market is anticipated to record a healthy growth rate over the forecast period 2021-2027.
 

As per the findings of the report, surging use of cosmetic products like deodorants and perfumes along with escalating demand for leather tanning are augmenting global butyric acid market growth. Besides, rising customer awareness about several health benefits of the product as a food additive & flavoring agent is positively impacting market demand.

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For the uninitiated, butyric acid is one of the most prominent SCFA (short-chain fatty acid) in the gut, along with acetic acid and propionic acid. It is a colorless liquid with a very strong and unpleasant odor that can corrode tissues and metals. This acid can be extracted from plant oils, butter, raw milk, clarified butter, and animal fats.

The major health benefits of butyric acid, along with other SCFAs, is the ability to provide colon cells with energy. Besides, Regular consumption of high fiber-diet increases the butyric acid production in the gut which is known to lower colon cancer risk. It also plays a major role in managing weight, reducing inflation, and safeguarding the brain.

Considering the application scope, global butyric acid industry is fragmented into leather tanning, cosmetic, plasticizer, animal feed, biofuel, food additive & flavoring, pharmaceuticals, and others. The others application segment is touted to record a y-o-y rate of 13.2% through 2027.

From a geographical perspective, LATAM market is anticipated to progress at CAGR of 13.8% during the forecast years, creditable to rising popularity of cosmetics in the region. Meanwhile, MEA market is anticipated to record 19.4% CAGR during the same time period.

Elaborating on the competitive landscape, Alfa Aesar, Snowco industrial Co., Ltd., Blue Marble Biomaterials LLC, Tokyo Chemical Industry Co., Ltd., Eastman Chemical Co., Dmitrievsky Chemical Plant, Perstorp Holding AB, Beijing Huamaoyuan Fragrance Flavor Co., Ltd., and OXEA GmbH are the major players powering worldwide butyric acid market trends.