Asia Pacific Natural Butyric Acid Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Dietary Supplement, Animal Feed, Flavor and Fragrances, Chemical Intermediates, Pharmaceuticals, and Others)

The Asia Pacific natural butyric acid market is expected to grow from US$ 70.43 million in 2022 to US$ 102.94 million by 2028. It is estimated to grow at a CAGR of 6.5% from 2022 to 2028.

Rising Demand for Specialty Chemicals is Fueling Asia Pacific Natural Butyric Acid Market

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. Butyric acid esters with low molecular weight, such as methyl butyrate, mostly have pleasant aromas or tastes. Hence, they are majorly used as food additives and flavoring agents. Thus, the growing use of natural butyric acid as a specialty chemical in industries such as the food and fragrance industry are leading to significant trends in the market. Growing demand for plant-based food & beverages products, which are manufactured by utilizing bio-based food ingredients, along with the demand for clean and ethical label food products, is expected to boost the growth of the Asia Pacific natural butyric acid markett.

Asia Pacific Natural Butyric Acid Market Overview

The natural butyric acid market in Asia Pacific is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Countries in the region such as China and India are major consumers of natural butyric acid. The growing number of livestock farms in Asia Pacific is propelling animal feed consumption levels, subsequently leading to the proliferation of the natural butyric acid market. Butyric acid and fatty acids are extensively used in poultry and swine feed production due to their role in enhanced digestibility, better colonization resistance, and improved growth performance of young livestock. Also, natural butyric acid-based feed increases antioxidant levels to accelerate the natural healing process among broilers and swine. The growth in livestock farms in the region can be attributed to the increased demand for superior-quality meat products due to rising per capita income and growing health consciousness among people in several Asia Pacific countries. As per a report by the United States Department of Agriculture (USDA), India witnessed major poultry meat production of 4.3 million metric tons (MMT) in 2020. Furthermore, the country is likely to produce 6.2 MMT poultry meat by 2023. Additionally, as per the Ministry of Fisheries, Animal Husbandry & Dairying, India has one of the largest cattle stocks in the world and accounts for 300 million cattle heads. Similarly, China recorded 15.3 MMT of poultry meat production in 2021, with a 3% increase from the previous year. The poultry farm is one of the major end users of animal feed, and the growing production of poultry meat in Asia Pacific is bolstering the demand for natural butyric acid in the region. As per Statista, Asia Pacific had the world's largest chemical industry in 2020, which was valued at more than US$ 2 trillion in the same year. Natural butyric acid is used in the production of chemical intermediates that are used in the chemical synthesis of butyrate esters, cellulose acetate butyrate (CAB), and methyl butyrate, among others. These chemical intermediates find significant applications in perfumes, inks, paints, and coatings. Thus, the large-scale use of natural butyric acid in chemical intermediate production is fueling the Asia Pacific natural butyric acid market growth.

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

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Asia Pacific Natural Butyric Acid Market Segmentation

The Asia Pacific natural butyric acid market is bifurcated into application and country.

Based on application, the Asia Pacific natural butyric acid market is segmented into dietary supplement, animal feed, flavor and fragrances, chemical intermediates, pharmaceuticals, and others. The pharmaceuticals segment held the largest Asia Pacific natural butyric acid market share in 2022.

Based on country, the Asia Pacific natural butyric acid market has been categorized into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China dominated the Asia Pacific natural butyric acid market in 2022.

Berje Inc, Biosynth AG, Eastman Chemical Co, Elan Chemical Co, Ernesto Ventos SA, Kunshan Odowell Co Ltd, Merck KGaA, and Phoenix Aromas & Essential Oils LLC are the leading companies operating in the Asia Pacific natural butyric acid market.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia Pacific Natural Butyric Acid Market, by Application

1.3.2 Asia Pacific Natural Butyric Acid Market, by Country

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. Asia Pacific 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. Asia Pacific Natural Butyric Acid Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Demand from Flavour 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 Market – Asia Pacific Analysis

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

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

7. Asia Pacific Natural Butyric Acid Market Analysis – By Application

7.1 Overview

7.2 Asia Pacific 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. Asia Pacific Natural Butyric Acid Market – Country Analysis

8.1 Overview

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

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

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

8.1.1.2.1 Australia: Natural Butyric Acid Market, by Application

8.1.1.2.2 Australia: Natural Butyric Acid Market, by Application

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

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

8.1.1.4.1 China: Natural Butyric Acid Market, by Application

8.1.1.4.2 China: Natural Butyric Acid Market, by Application

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

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

8.1.1.6.1 India: Natural Butyric Acid Market, by Application

8.1.1.6.2 India: Natural Butyric Acid Market, by Application

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

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

8.1.1.8.1 Japan: Natural Butyric Acid Market, by Application

8.1.1.8.2 Japan: Natural Butyric Acid Market, by Application

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

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

8.1.1.10.1 South Korea: Natural Butyric Acid Market, by Application

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

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

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

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

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

9. Industry Landscape

9.1 Overview

9.2 Market Initiative

9.3 Merger and Acquisition

10. Company Profiles

10.1 Merck KGaA

10.1.1 Key Facts

10.1.2 Business Description

10.1.3 Products and Services

10.1.4 Financial Overview

10.1.5 SWOT Analysis

10.1.6 Key Developments

10.2 Kunshan Odowell Co Ltd

10.2.1 Key Facts

10.2.2 Business Description

10.2.3 Products and Services

10.2.4 Financial Overview

10.2.5 SWOT Analysis

10.2.6 Key Developments

10.3 Elan Chemical Co

10.3.1 Key Facts

10.3.2 Business Description

10.3.3 Products and Services

10.3.4 Financial Overview

10.3.5 SWOT Analysis

10.3.6 Key Developments

10.4 Ernesto Ventos SA

10.4.1 Key Facts

10.4.2 Business Description

10.4.3 Products and Services

10.4.4 Financial Overview

10.4.5 SWOT Analysis

10.4.6 Key Developments

10.5 Phoenix Aromas & Essential Oils LLC

10.5.1 Key Facts

10.5.2 Business Description

10.5.3 Products and Services

10.5.4 Financial Overview

10.5.5 SWOT Analysis

10.5.6 Key Developments

10.6 Berje Inc

10.6.1 Key Facts

10.6.2 Business Description

10.6.3 Products and Services

10.6.4 Financial Overview

10.6.5 SWOT Analysis

10.6.6 Key Developments

10.7 Eastman Chemical Co

10.7.1 Key Facts

10.7.2 Business Description

10.7.3 Products and Services

10.7.4 Financial Overview

10.7.5 SWOT Analysis

10.7.6 Key Developments

11. Appendix

11.1 About The Insight Partners

11.2 Glossary of Terms

LIST OF TABLES

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

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

Table 3. Australia Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 4. Australia Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

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

Table 6. China Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

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

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

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

Table 10. Japan Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

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

Table 12. South Korea : Natural Butyric Acid Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 13. Rest of Asia Pacific Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 14. Rest of Asia Pacific Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 15. Glossary of Terms

LIST OF FIGURES

Figure 1. Asia Pacific Natural Butyric Acid Market Segmentation

Figure 2. Asia Pacific Natural Butyric Acid Market Segmentation – By Country

Figure 3. Asia Pacific Natural Butyric Acid Market Overview

Figure 4. Asia Pacific Natural Butyric Acid Market, By Application

Figure 5. Asia Pacific Natural Butyric Acid Market, by Country

Figure 6. Porter’s Five Forces Analysis

Figure 7. Asia Pacific Natural Butyric Acid Market, Ecosystem

Figure 8. Expert Opinions

Figure 9. Asia Pacific Natural Butyric Acid Market Impact Analysis of Drivers and Restraints

Figure 10. Asia Pacific Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. Asia Pacific Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 12. Asia Pacific Natural Butyric Acid Market Revenue Share, By Application (2021 and 2028)

Figure 13. Dietary Supplements: Asia Pacific Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14. Dietary Supplements: Asia Pacific Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 15. Animal Feed: Asia Pacific Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16. Animal Feed: Asia Pacific Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 17. Flavors & Fragrances: Asia Pacific Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18. Flavors & Fragrances: Asia Pacific Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 19. Chemical Intermediate: Asia Pacific Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20. Chemical Intermediate: Asia Pacific Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 21. Pharmaceutical: Asia Pacific Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22. Pharmaceutical: Asia Pacific Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

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

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

Figure 25. Asia Pacific: Natural Butyric Acid Market, by Key Country – Revenue (2021) (US$ ‘Million)

Figure 26. Asia Pacific: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 27. Australia: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 28. Australia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 29. China: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 30. China: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 31. India: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 32. India: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 33. Japan: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)

Figure 34. Japan: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 35. South Korea: Natural Butyric Acid Market– Volume and Forecast to 2028 (Tons)

Figure 36. South Korea: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)

Figure 37. Rest of Asia Pacific: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)

Figure 38. Rest of Asia Pacific: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific natural butyric acid market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific natural butyric acid market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the natural butyric acid market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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