The new research report on Butyric Acid Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2023. Butyric acid is a carboxylic acid, also known as botanoic acid, with its esters and salts known as butanoates and butyrates which is oily, colorless chemical. Butyric acid is usually found in the milk of farm animals such as buffalo, sheep and goat and has an unpleasant smell. Butyric acid is industrially manufactured by the fermentation of starch or sugar, with the addition of putrefying cheese, added with calcium carbonate for the purpose of neutralizing the acids formed in the procedure.
This report examines the global butyric acid market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2016 to 2023. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
The Rising demand for animal feed, especially for swine and poultry and Demand for renewable butyric acid in the food & flavor and pharmaceuticals sector are the major factors pushing the market uphill. But Fermentation process of butyric acid is relatively expensive than chemical synthesis. might restraint the growth in the coming years.
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The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Eastman Chemical Company, Snowco Industrial Co. Ltd., Oxea GmbH, Perstorp Holding AB, Blue Marble Biomaterials, LLC, Beijing Huamaoyuan Fragrance Flavor Co., Ltd., and Tokyo Chemical Industry Co. Ltd.
The report classifies the market into different segments based on Type and Application. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
Geographically, the Butyric Acid market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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