Global butyric acid market is projected to register a CAGR of 8.5% in the forecast period of 2020 to 2027. The new market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation
Global Butyric Acid Market, By Type (Natural Butyric Acid and Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints & Coatings and Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., Egypt, Israel, South Africa and Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the global butyric acid market:
• Increasing consumption of processed food due to fast-paced lifestyle.
• Growing meat consumption in developing countries.
Market Players
The key players of global butyric acid market are:
• Hefei TNJ Chemical Industry Co.,Ltd.
• Vigon International
• Green Biologics Limited
• Eastman Chemical Company
• Celanese Corporation
• Thermo Fisher Scientific Inc.
• Snowco Indutrial
• Nutrients Scientific
• Aldon Corporation
• Consolidated Chemical & Solvents LLC
• Axxence Aromatic GmbH
• Augustus Oils Ltd.
• Ennolys (A Subsidiary of Lesaffre Group)
• Yufeng International Co.,Ltd
• Zhonglan Industry Co.,Ltd.
• Weifang Qiyi Chemical Co., Ltd
• ELiE Health Solutions
• Kemin Industries, Inc.
• OXEA GmbH
• Perstorp Holding AB
• Advanced Biotech
• WILD Flavors GmbH
• Treatt Plc
• Merck KGaA
• Tokyo Chemical Industry Co., Ltd.