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Butyric Acid - Global Market Trajectory & Analytics

  • ID: 5141022
  • Report
  • April 2021
  • Region: Global
  • 283 Pages
  • Global Industry Analysts, Inc
Global Butyric Acid Market to Reach $608.8 Million by 2027

Amid the COVID-19 crisis, the global market for Butyric Acid estimated at US$245.1 Million in the year 2020, is projected to reach a revised size of US$608.8 Million by 2027, growing at a CAGR of 13.9% over the analysis period 2020-2027. Animal Feed, one of the segments analyzed in the report, is projected to record a 14.4% CAGR and reach US$386.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Chemicals Intermediate segment is readjusted to a revised 13.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $66.1 Million, While China is Forecast to Grow at 18.2% CAGR

The Butyric Acid market in the U.S. is estimated at US$66.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$137.4 Million by the year 2027 trailing a CAGR of 18.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.8% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.

Food & Flavors Segment to Record 12.7% CAGR

In the global Food & Flavors segment, USA, Canada, Japan, China and Europe will drive the 11.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$18.2 Million in the year 2020 will reach a projected size of US$39.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$91.6 Million by the year 2027, while Latin America will expand at a 14.2% CAGR through the analysis period.

Select Competitors (Total 43 Featured):
  • Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
  • Blue Marble Biomaterials
  • Eastman Chemical Company
  • Oxea GmbH
  • Perstorp Holding AB
  • Snowco Industrial Co., Ltd.
  • Tokyo Chemical Industry Co., Ltd.
Frequently Asked Questions about the Global Market for Butyric Acid

What is the estimated value of the Global Market for Butyric Acid?

The Global Market for Butyric Acid was estimated to be valued at $245.1 Million in 2020.

What is the growth rate of the Global Market for Butyric Acid?

The growth rate of the Global Market for Butyric Acid is 13.9%, with an estimated value of $608.8 Million by 2027.

What is the forecasted size of the Global Market for Butyric Acid?

The Global Market for Butyric Acid is estimated to be worth $608.8 Million by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession


  • Total Companies Profiled: 43
Note: Product cover images may vary from those shown