Natural Butyric Acid Market Size, Demand & 2028 Forecast

Natural Butyric Acid Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Dietary Supplement, Animal Feed, Flavor and Fragrance, Chemical Intermediate, Pharmaceutical, and Others)

  • Report Code : TIPRE00029789
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 154
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Natural Butyric Acid Market Size, Demand & 2028 Forecast

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The natural butyric acid market is expected to grow from US$ 224.88 million in 2022 to US$ 326.5 million by 2028; it is estimated to register a CAGR of 6.4% from 2022 to 2028.

Butyric acid is a colorless carboxylic acid formed by the bacterial fermentation of carbohydrates and dietary fibers. It can be produced from various types of renewable biomass, including corn husk, brown algae, wheat straw, sugarcane bagasse, and sorghum stalk. Natural butyric acid has gained significant attention because of consumer demand for food, pharmaceuticals, animal feed supplements, and cosmetics with green and natural ingredients. The growing population and increasing per capita income globally are the major factors that are boosting the demand for flavored foods. Low-molecular-weight esters of natural butyric acid such as methyl butyrate have mostly pleasant aromas or tastes; hence, they are mainly used as food and perfume additives. Also, natural butyric acid-based flavors and fragrances have various applications in the dairy and beverage industries. Thus, the growing consumption of food and dairy products worldwide is driving the natural butyric acid market growth.

The demand for specialty chemicals is rising across industries such as food, chemical, and flavors, wherein they are used to formulate or manufacture another product. There are various applications of specialty chemicals such as natural butyric acid used in food flavors, as additives for increasing fruit fragrance, and as an aromatic compound in perfumes. Furthermore, the growing demand for plant-based food & beverage products, and the increasing popularity of clean-label and ethical food products would continue to boost the natural butyric acid market growth over the coming years.

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Natural Butyric Acid Market: Strategic Insights

natural-butyric-acid-market
Market Size Value inUS$ 224.88 Million in 2022
Market Size Value byUS$ 326.5 Million by 2028
Growth rateCAGR of 6.4% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
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Market Insights

Increasing Demand from Pharmaceuticals and Flavor & Fragrance Manufacturing Industries Drives Natural Butyric Acid Market Growth

Natural butyric acid has many applications in the pharmaceuticals industry. This short-chain fatty acid plays a key role in improving digestive health, managing weight, and preventing cancer. The compound is well known for its anti-cancer properties as it induces morphological and biochemical differentiation in various cells; it has also been studied for its colon cancer-suppressing abilities. Several research institutes are engaged in the development of prodrugs containing butyric acid, which can be used as a potential treatment of cancers and leukemia, and side effects of alopecia caused by chemotherapy. Thus, with growing health concerns among consumers and increasing focus on healthy living, the demand for natural products is growing at a significant pace.

Natural butyric acid is widely used in fragrances due to its pungent smell. Butyric acids are also used to produce esters such as butyl butyrate and ethyl butyrate, which are used as solvents and fragrances in perfumes. An elevation in the standard of living, and a transformed lifestyle of Gen Z and millennials have been triggering the use of luxury products, including perfumes, which eventually bolsters the natural butyric acid market.

Application Insights

Based on application, the global natural butyric acid market is segmented into dietary supplements, animal feed, flavors & fragrances, chemical intermediates, pharmaceuticals, and others. In 2021, the pharmaceutical segment dominated the market. The growing population and increasing per capita income globally are the major factors that are boosting the demand for flavored foods. Natural butyric acid is a widely used flavoring agent in food and beverages, as it has a fruity and cheesy flavor. Various prodrugs that are derivatives of natural butyric acid are used in the treatment of hemoglobinopathies, including leukemia and sickle cell anemia (SCA). Also, the application of natural butyric acid in radio- and chemotherapy-induced alopecia for protecting hair follicles is gaining traction. These factors are expected to drive segment growth during the forecast period.

Merck KGaA, Vigon International LLC, Kunshan Odowell Co Ltd, Aurochemicals LLC, Biosynth AG, Elan Chemical Co, Ernesto Ventos SA, Phoenix Aromas & Essential Oils LLC, Berje Inc, and Eastman Chemical Co are among the key players operating in the natural butyric acid market. The leading players adopt strategies such as mergers and acquisitions, and product launches to expand their geographic presence and consumer base.  

Natural Butyric Acid Market Report Scope

Report Spotlights

  • Progressive trends in the natural butyric acid industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the global natural butyric acid market from 2020 to 2028
  • Estimation of the demand for natural butyric acid across various industries
  • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the natural butyric acid industry
  • Recent developments to understand the competitive market scenario and demand for natural butyric acid
  • Market trends and outlook, and factors governing the growth of the natural butyric acid market
  • Understanding the strategies that underpin commercial interest with regard to the market growth, aiding in the decision-making process
  • Natural butyric acid market size at various nodes of market
  • Detailed overview and segmentation of the market, as well as its industry dynamics
  • Natural butyric acid market size in various regions with promising growth opportunities

The "Natural Butyric Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on market trend analysis. The report aims to provide an overview of the market with detailed segmentation. The natural butyric acid market is segmented on the basis of application and geography. Based on application, the market is segmented into pharmaceutical & dietary supplement, animal feed, flavor and fragrances, chemical intermediates, pharmaceuticals, and others. Based on geography, the natural butyric acid market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, Asia Pacific dominated the market. The food & beverage industry in Asia Pacific is growing at a rapid pace. It is the most populated region in the world, and the region hosts one of the world's most rapidly developing consumer markets. These factors contribute to a high demand for natural butyric acid in this region. Further, North America is expected to register the highest CAGR in the natural butyric acid market during the forecast period.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions

What is the key driver for the growth of the global natural butyric acid market?

The natural butyric acid market is expanding as a result of growth in the flavor and fragrance industry. The increasing consumer focus on fitness and body weight regulation due to changes in lifestyles and eating habits has driven the use of natural butyric acid in fortified products, which is supporting the natural butyric acid market growth.

Which region is expected to account for the fastest growth in the global natural butyric acid market?

During the forecast period, North America is expected to be the fastest-growing region. The region is witnessing high demand for natural butyric acid due to its increasing application in the pharmaceutical industry, which is expected to accelerate natural butyric acid market demand during the forecast period.

Which application segment is expected to register the fastest growth in the natural butyric acid market?

During the forecast period, the flavors and fragrances segment is expected to be the fastest-growing segment. The growing population and increasing per capita income globally are the major factors that are boosting the demand for flavored foods. In addition, the growing consumption of food and dairy products globally is expected to accelerate the growth of the flavor and food fragrance segment of the natural butyric acid market.

In 2021, which application segment accounted for the largest share in the natural butyric acid market?

In 2021, the pharmaceutical segment held the largest market share. Increased use of natural butyric acid in pharmaceutical products due to its anticancer properties led to the dominance of the pharmaceutical segment in the natural butyric acid market.

Can you list some of the major players operating in the global natural butyric acid market?

The major players operating in the natural butyric acid market are Merck KGaA, Vigon International LLC, Kunshan Odowell Co Ltd, Aurochemicals LLC, Biosynth AG, Elan Chemical Co, Ernesto Ventos SA, Phoenix Aromas & Essential Oils LLC, Berje Inc, and Eastman Chemical Co.

In 2021, which region held the largest share of the global natural butyric acid market?

In 2021, Asia-Pacific accounted for the largest share of the global natural butyric acid market. Growing demand from different end-use industries, including flavor & fragrances, animal feed, and pharmaceuticals, led to the dominance of the Asia Pacific region in 2021.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Natural Butyric Acid Market, by Application

1.3.2 Natural Butyric Acid Market, by Geography

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.1.1 Natural Butyric Acid Market, by Application

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Natural Butyric Acid Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Suppliers:

4.2.3 Bargaining Power of Buyers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.3.1 Overview:

4.3.2 Raw Material Suppliers:

4.3.3 Manufacturers

4.3.4 Distributors or Suppliers

4.3.5 Application

4.4 Expert Opinions

5. Natural Butyric Acid Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand from Flavor and Fragrance Industry

5.1.2 Growing Applications in Pharmaceuticals Industry

5.2 Market Restraints

5.2.1 Low Price and High Availability of Synthetic Butyric Acid

5.3 Market Opportunities

5.3.1 Use of Natural Butyric Acid as Precursor to Biofuels

5.4 Future Trends

5.4.1 Rising Demand for Specialty Chemicals

5.5 Impact Analysis

6. Natural Butyric Acid – Global Market Analysis

6.1 Natural Butyric Acid Market Overview

6.2 Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

6.3 Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

6.4 Competitive Positioning – Key Market Players

7. Natural Butyric Acid Market Analysis – By Application

7.1 Overview

7.2 Natural Butyric Acid Market, By Application (2021 and 2028)

7.3 Dietary Supplements

7.3.1 Overview

7.3.2 Dietary Supplements: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.3.3 Dietary Supplements: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.4 Animal Feed

7.4.1 Overview

7.4.2 Animal Feed: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.4.3 Animal Feed: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.5 Flavors & Fragrances

7.5.1 Overview

7.5.2 Flavors & Fragrances: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.5.3 Flavors & Fragrances: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.6 Chemical Intermediate

7.6.1 Overview

7.6.2 Chemical Intermediate: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.6.3 Chemical Intermediate: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.7 Pharmaceutical

7.7.1 Overview

7.7.2 Pharmaceutical: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.7.3 Pharmaceutical: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.8 Others

7.8.1 Overview

7.8.2 Others: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.8.3 Others: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8. Natural Butyric Acid Market – Geographic Analysis

8.1 Overview

8.2 North America: Natural Butyric Acid Market

8.2.1 North America: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.2.2 North America: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.2.3 North America: Natural Butyric Acid Market, by Application

8.2.4 North America: Natural Butyric Acid Market, by Key Country

8.2.4.1 US: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.2.4.2 US: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.2.4.2.1 US: Natural Butyric Acid Market, by Application

8.2.4.2.2 US: Natural Butyric Acid Market, by Application

8.2.4.3 Canada: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.2.4.4 Canada: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.2.4.4.1 Canada: Natural Butyric Acid Market, by Application

8.2.4.4.2 Canada: Natural Butyric Acid Market, by Application

8.2.4.5 Mexico: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.2.4.6 Mexico: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.2.4.6.1 Mexico: Natural Butyric Acid Market, by Application

8.2.4.6.2 Mexico: Natural Butyric Acid Market, by Application

8.3 Europe: Natural Butyric Acid Market

8.3.1 Europe: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.3.2 Europe: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.3.3 Europe: Natural Butyric Acid Market, by Application

8.3.4 Europe: Natural Butyric Acid Market, by Key Country

8.3.4.1 Germany: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.2 Germany: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.3.4.2.1 Germany: Natural Butyric Acid Market, by Application

8.3.4.2.2 Germany: Natural Butyric Acid Market, by Application

8.3.4.3 France: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.4 France: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.3.4.4.1 France: Natural Butyric Acid Market, by Application

8.3.4.4.2 France: Natural Butyric Acid Market, by Application

8.3.4.5 Italy: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.6 Italy: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.3.4.6.1 Italy: Natural Butyric Acid Market, by Application

8.3.4.6.2 Italy: Natural Butyric Acid Market, by Application

8.3.4.7 United Kingdom: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.8 United Kingdom: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.3.4.8.1 United Kingdom: Natural Butyric Acid Market, by Application

8.3.4.8.2 United Kingdom: Natural Butyric Acid Market, by Application

8.3.4.9 Russia: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.3.4.10 Russia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.3.4.10.1 Russia: Natural Butyric Acid Market, by Application

8.3.4.10.2 Russia: : Natural Butyric Acid Market, by Application

8.3.4.11 Rest of Europe: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)

8.3.4.12 Rest of Europe: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.4.12.1 Rest of Europe: Natural Butyric Acid Market, by Application

8.3.4.12.2 Rest of Europe: Natural Butyric Acid Market, by Application

8.4 Asia Pacific: Natural Butyric Acid Market

8.4.1 Asia Pacific: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.4.2 Asia Pacific: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.4.3 Asia Pacific: Natural Butyric Acid Market, by Application

8.4.4 Asia Pacific: Natural Butyric Acid Market, by Key Country

8.4.4.1 Australia: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.4.4.2 Australia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.4.4.2.1 Australia: Natural Butyric Acid Market, by Application

8.4.4.2.2 Australia: Natural Butyric Acid Market, by Application

8.4.4.3 China: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.4.4.4 China: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.4.4.4.1 China: Natural Butyric Acid Market, by Application

8.4.4.4.2 China: Natural Butyric Acid Market, by Application

8.4.4.5 India: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.4.4.6 India: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.4.4.6.1 India: Natural Butyric Acid Market, by Application

8.4.4.6.2 India: Natural Butyric Acid Market, by Application

8.4.4.7 Japan: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.4.4.8 Japan: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.4.4.8.1 Japan: Natural Butyric Acid Market, by Application

8.4.4.8.2 Japan: Natural Butyric Acid Market, by Application

8.4.4.9 South Korea: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

8.4.4.10 South Korea: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

8.4.4.10.1 South Korea: Natural Butyric Acid Market, by Application

8.4.4.10.2 South Korea: : Natural Butyric Acid Market, by Application

8.4.4.11 Rest of Asia Pacific: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)

8.4.4.12 Rest of Asia Pacific: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.4.12.1 Rest of Asia Pacific: Natural Butyric Acid Market, by Application

8.4.4.12.2 Rest of Asia Pacific: Natural Butyric Acid Market, by Application

8.5 Middle East and Africa: Natural Butyric Acid Market

8.5.1 Middle East and Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.5.2 Middle East and Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.3 Middle East and Africa: Natural Butyric Acid Market, by Application

8.5.4 Middle East and Africa: Natural Butyric Acid Market, by Key Country

8.5.4.1 South Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.5.4.2 South Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.4.2.1 South Africa: Natural Butyric Acid Market, by Application

8.5.4.2.2 South Africa: Natural Butyric Acid Market, by Application

8.5.4.3 Saudi Arabia: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.5.4.4 Saudi Arabia: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.4.4.1 Saudi Arabia: Natural Butyric Acid Market, by Application

8.5.4.4.2 Saudi Arabia: Natural Butyric Acid Market, by Application

8.5.4.5 UAE: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.5.4.6 UAE: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.4.6.1 UAE: Natural Butyric Acid Market, by Application

8.5.4.6.2 UAE: Natural Butyric Acid Market, by Application

8.5.4.7 Rest of MEA: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.5.4.8 Rest of MEA: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.4.8.1 Rest of MEA: Natural Butyric Acid Market, by Application

8.5.4.8.2 Rest of MEA: Natural Butyric Acid Market, by Application

8.6 South America: Natural Butyric Acid Market

8.6.1 South America: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.6.2 South America: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.3 South America: Natural Butyric Acid Market, by Application

8.6.4 South America: Natural Butyric Acid Market, by Key Country

8.6.4.1 Brazil: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.6.4.2 Brazil: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.4.2.1 Brazil: Natural Butyric Acid Market, by Application

8.6.4.2.2 Brazil: Natural Butyric Acid Market, by Application

8.6.4.3 Argentina: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.6.4.4 Argentina: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.4.4.1 Argentina: Natural Butyric Acid Market, by Application

8.6.4.4.2 Argentina: Natural Butyric Acid Market, by Application

8.6.4.5 Rest of South America: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.6.4.6 Rest of South America: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.4.6.1 Rest of South America: Natural Butyric Acid Market, by Application

8.6.4.6.2 Rest of South America: Natural Butyric Acid Market, by Application

9. Impact of COVID-19 Pandemic on Global Natural Butyric Acid Market

9.1 Overview

9.2 Impact of COVID-19 on Natural Butyric Acid Market

9.3 North America: Impact Assessment of COVID-19 Pandemic

9.4 Europe: Impact Assessment of COVID-19 Pandemic

9.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic

9.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

9.7 South & Central America: Impact Assessment of COVID-19 Pandemic

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 Merger and Acquisition

11. Company Profiles

11.1 Merck KGaA

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Vigon International LLC

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Kunshan Odowell Co Ltd

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Aurochemicals LLC

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Biosynth AG

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Elan Chemical Co

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Ernesto Ventos SA

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Phoenix Aromas & Essential Oils LLC

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Berje Inc

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Eastman Chemical Co

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES

Table 1. Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Table 3. Global Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. Global Natural Butyric Acid Market, by Application –Volume and Forecast to 2028 (Tons)

Table 5. North America Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 6. North America Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. US Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 8. US Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 10. Canada: Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 12. Mexico Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 13. Europe Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 14. Europe Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million

Table 15. Germany Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 16. Germany Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 17. France Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 18. France Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 19. Italy Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 20. Italy Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 21. United Kingdom Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 22. United Kingdom Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 23. Russia: Natural Butyric Acid Market, by Application– Volume and Forecast to 2028 (Tons)

Table 24. Russia : Natural Butyric Acid Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 25. Rest of Europe Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 26. Rest of Europe Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 27. Asia Pacific Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 28. Asia Pacific Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million

Table 29. Australia Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 30. Australia Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 31. China Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 32. China Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 33. India Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 34. India Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 35. Japan Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 36. Japan Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 37. South Korea: Natural Butyric Acid Market, by Application– Volume and Forecast to 2028 (Tons)

Table 38. South Korea : Natural Butyric Acid Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 39. Rest of Asia Pacific Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 40. Rest of Asia Pacific Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 41. Middle East and Africa Natural Butyric Acid Market, by Application– Volume and Forecast to 2028 (Tons)

Table 42. Middle East and Africa Natural Butyric Acid Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 43. South Africa Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 44. South Africa Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 45. Saudi Arabia Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 46. Saudi Arabia Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 47. UAE Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 48. UAE Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 49. Rest of MEA Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 50. Rest of MEA Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 51. South America Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 52. South America Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 53. Brazil Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 54. Brazil Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 55. Argentina Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 56. Argentina Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 57. Rest of South America Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 58. Rest of South America Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 59. Glossary of Terms, Global Natural Butyric Acid Market

LIST OF FIGURES

Figure 1. Natural Butyric Acid Market Segmentation

Figure 2. Natural Butyric Acid Market Segmentation – By Geography

Figure 3. Global Natural Butyric Acid Market Overview

Figure 4. Global Natural Butyric Acid Market, By Application

Figure 5. Global Natural Butyric Acid Market, by Geography

Figure 6. Global Natural Butyric Acid Market, Industry Landscape

Figure 7. Porter’s Five Forces Analysis of Natural Butyric Acid Market

Figure 8. Natural Butyric Acid Market, Ecosystem

Figure 9. Expert Opinions

Figure 10. Global Natural Butyric Acid Market Impact Analysis of Drivers and Restraints

Figure 11. Geographic Overview of Natural Butyric Acid Market

Figure 12. Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 14. Natural Butyric Acid Market Revenue Share, By Application (2021 and 2028)

Figure 15. Dietary Supplements: Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16. Dietary Supplements: Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 17. Animal Feed: Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18. Animal Feed: Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 19. Flavors & Fragrances: Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20. Flavors & Fragrances: Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 21. Chemical Intermediate: Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22. Chemical Intermediate: Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 23. Pharmaceutical: Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24. Pharmaceutical: Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 25. Others: Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 26. Others: Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 27. Global Natural Butyric Acid Market Revenue Share, by Region (2021 and 2028)

Figure 28. North America: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 29. North America: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. North America: Natural Butyric Acid Market Revenue Share, by Application (2021 and 2028)

Figure 31. North America: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 32. US: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 33. US: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 34. Canada: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 35. Canada: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 36. Mexico: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 37. Mexico: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 38. Europe: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 39. Europe: Natural Butyric Acid Market– Revenue and Forecast to 2028 (US$ Million)

Figure 40. Europe: Natural Butyric Acid Market Revenue Share, by Application (2021 and 2028)

Figure 41. Europe: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 42. Germany: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 43. Germany: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 44. France: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 45. France: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 46. Italy: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 47. Italy: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 48. United Kingdom: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 49. United Kingdom: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 50. Russia: Natural Butyric Acid Market– Volume and Forecast to 2028 (Tons)

Figure 51. Russia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 52. Rest of Europe: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)

Figure 53. Rest of Europe: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 54. Asia Pacific: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 55. Asia Pacific: Natural Butyric Acid Market– Revenue and Forecast to 2028 (US$ Million)

Figure 56. Asia Pacific: Natural Butyric Acid Market Revenue Share, by Application (2021 and 2028)

Figure 57. Asia Pacific: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 58. Australia: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 59. Australia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 60. China: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 61. China: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 62. India: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 63. India: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 64. Japan: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 65. Japan: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 66. South Korea: Natural Butyric Acid Market– Volume and Forecast to 2028 (Tons)

Figure 67. South Korea: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 68. Rest of Asia Pacific: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)

Figure 69. Rest of Asia Pacific: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 70. Middle East and Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 71. Middle East and Africa: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 72. Middle East and Africa: Natural Butyric Acid Market Revenue Share, by Application (2021 and 2028)

Figure 73. Middle East and Africa: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 74. South Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 75. South Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 76. Saudi Arabia: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 77. Saudi Arabia: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 78. UAE: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 79. UAE: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 80. Rest of MEA: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 81. Rest of MEA: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 82. South America: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 83. South America: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 84. South America: Natural Butyric Acid Market Revenue Share, by Application (2021 and 2028)

Figure 85. South America: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 86. Brazil: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 87. Brazil: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 88. Argentina: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 89. Argentina: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 92. Impact of COVID-19 Pandemic on North America Market

Figure 93. Impact of COVID-19 Pandemic on Europe Market

Figure 94. Impact of COVID-19 Pandemic on Asia Pacific Market

Figure 95. Impact of COVID-19 Pandemic on Middle East & Africa Market

Figure 96. Impact of COVID-19 Pandemic in South & Central America

The List of Companies - Natural Butyric Acid Market 

  1. Merck KGaA
  2. Vigon International LLC
  3. Kunshan Odowell Co Ltd
  4. Aurochemicals LLC
  5. Biosynth AG
  6. Elan Chemical Co
  7. Ernesto Ventos SA
  8. Phoenix Aromas & Essential Oils LLC
  9. Berje Inc
  10. Eastman Chemical Co

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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