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Europe 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)

March 2023 | 112 pages | ID: E971602A32F0EN
The Insight Partners

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The Europe natural butyric acid market is expected to grow from US$ 68.90 million in 2022 to US$ 98.25 million by 2028. It is estimated to grow at a CAGR of 6.1% from 2022 to 2028.

Increasing Demand from Flavour and Fragrance Industry is Fuelling Europe Natural Butyric Acid Market

Butyric acid is a colorless carboxylic acid formed by the bacterial fermentation of carbohydrates and dietary fiber. Butyric acid can be produced from various renewable biomasses, including corn husk, brown algae, wheat straw, sugarcane bagasse, and sorghum stalk. Natural butyric acid has gained significant attention because of consumer demand for green products and natural ingredients in foods, pharmaceuticals, animal feed supplements, and cosmetics. Most notably in large countries, natural butyric acid is used as an innovative flavoring due to its immense health benefits, primarily as it competes with other substitutes. Consumption of products with chemicals has increased incidences of lifestyle diseases. Amid growing health concerns among consumers and increasing focus on healthy living, the demand for natural products is growing at a significant pace. Furthermore, natural butyric acid is widely used in fragrances due to its pungent smell, making it suitable for perfumes. Butyric acids are also used to produce esters such as butyl butyrate and ethyl butyrate for use as solvents and fragrances in perfume. The rise in the standard of living, Gen Z and millennial mindsets has resulted in the consumption of products such as perfumes. This increase has resulted in growth in demand for natural butyric acid. Thus, the growing demand for flavors and fragrances and consumers’ shifting attention toward green or sustainable and natural products is rising demand for renewable butyric acid.

Europe Natural Butyric Acid Market Overview

The natural butyric acid market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The rising health consciousness, especially after the onset of the COVID-19 pandemic, has compelled people in Europe to adopt healthier and natural food products. These changing diet preferences and the extensive use of natural butyric acid in foods and dairy products are anticipated to support the natural butyric acid market in the coming years. Many food products contain synthesized flavors of butyric acid, which is made from green feedstock sources such as grain starch and vegetable oils. Further, the rising concerns related to the environment due to the increasing carbon footprints are compelling manufacturers to produce natural butyric acid from renewable butyric acid sources such as corn husk, sugarcane bagasse, and animal fats. Also, butyric acid production from renewable resources has become an attractive alternative to the current petroleum-based chemical synthesis because of the limited availability of petroleum products. Under Environment Action Programme (EAP) 1970, a stringent environment policy in Europe, the authorities need to maintain low carbon emission levels and safeguard the population of EU countries from environment-related pressures and risks, such as greenhouse gas emissions. Thus, a surge in health awareness and stringent environmental policies in Europe are encouraging the production of butyric acid from renewable biomass feedstock, bolstering the growth of the natural butyric acid market.

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

Europe Natural Butyric Acid Market Segmentation

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

Based on Application, the Europe 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 Europe natural butyric acid market share in 2022.

Based on country, the Europe natural butyric acid market has been categorized into the UK, Germany, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe dominated the Europe natural butyric acid market in 2022.

Aurochemicals LLC, Berje Inc, Biosynth AG, Eastman Chemical Co, Ernesto Ventos SA, Kunshan Odowell Co Ltd, Merck KGaA, and Phoenix Aromas & Essential Oils LLC are the leading companies operating in the Europe 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 Europe Natural Butyric Acid Market, by Application
1.3.2 Europe 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. EUROPE 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. EUROPE 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 – EUROPE ANALYSIS

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

7. EUROPE NATURAL BUTYRIC ACID MARKET ANALYSIS – BY APPLICATION

7.1 Overview
7.2 Europe 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. EUROPE NATURAL BUTYRIC ACID MARKET – COUNTRY ANALYSIS

8.1 Overview
8.1.1 Europe: Natural Butyric Acid Market, by Key Country
8.1.1.1 Germany: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
8.1.1.2 Germany: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 Germany: Natural Butyric Acid Market, by Application
8.1.1.2.2 Germany: Natural Butyric Acid Market, by Application
8.1.1.3 France: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
8.1.1.4 France: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 France: Natural Butyric Acid Market, by Application
8.1.1.4.2 France: Natural Butyric Acid Market, by Application
8.1.1.5 Italy: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
8.1.1.6 Italy: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Italy: Natural Butyric Acid Market, by Application
8.1.1.6.2 Italy: Natural Butyric Acid Market, by Application
8.1.1.7 UK: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
8.1.1.8 UK: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
8.1.1.8.1 UK: Natural Butyric Acid Market, by Application
8.1.1.8.2 UK: Natural Butyric Acid Market, by Application
8.1.1.9 Russia: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
8.1.1.10 Russia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
8.1.1.10.1 Russia: Natural Butyric Acid Market, by Application
8.1.1.10.2 Russia: : Natural Butyric Acid Market, by Application
8.1.1.11 Rest of Europe: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)
8.1.1.12 Rest of Europe: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.12.1 Rest of Europe: Natural Butyric Acid Market, by Application
8.1.1.12.2 Rest of Europe: 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 Aurochemicals LLC
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 Biosynth AG
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 Ernesto Ventos SA
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 Phoenix Aromas & Essential Oils LLC
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 Berje Inc
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
10.8 Eastman Chemical Co
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments

11. APPENDIX

11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES

Table 1. Europe Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
Table 3. Germany Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 4. Germany Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. France Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 6. France Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Italy Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 8. Italy Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. UK Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 10. UK Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. Russia: Natural Butyric Acid Market, by Application– Volume and Forecast to 2028 (Tons)
Table 12. Russia : Natural Butyric Acid Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of Europe Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 14. Rest of Europe Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 15. Glossary of Terms
LIST OF FIGURES

Figure 1. Europe Natural Butyric Acid Market Segmentation
Figure 2. Europe Natural Butyric Acid Market Segmentation – By Country
Figure 3. Europe Natural Butyric Acid Market Overview
Figure 4. Europe Natural Butyric Acid Market, By Application
Figure 5. Europe Natural Butyric Acid Market, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Europe Natural Butyric Acid Market, Ecosystem
Figure 8. Expert Opinions
Figure 9. Europe Natural Butyric Acid Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
Figure 12. Europe Natural Butyric Acid Market Revenue Share, By Application (2021 and 2028)
Figure 13. Dietary Supplements: Europe Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Dietary Supplements: Europe Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 15. Animal Feed: Europe Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Animal Feed: Europe Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 17. Flavors & Fragrances: Europe Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Flavors & Fragrances: Europe Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 19. Chemical Intermediate: Europe Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Chemical Intermediate: Europe Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 21. Pharmaceutical: Europe Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Pharmaceutical: Europe Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 23. Others: Europe Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Others: Europe Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 25. Europe: Natural Butyric Acid Market, by Key Country – Revenue (2021) (US$ ‘Million)
Figure 26. Europe: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Germany: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
Figure 28. Germany: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
Figure 29. France: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
Figure 30. France: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
Figure 31. Italy: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
Figure 32. Italy: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
Figure 33. UK: Natural Butyric Acid Market–Volume and Forecast to 2028 (Tons)
Figure 34. UK: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
Figure 35. Russia: Natural Butyric Acid Market– Volume and Forecast to 2028 (Tons)
Figure 36. Russia: Natural Butyric Acid Market–Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of Europe: Natural Butyric Acid Market – Volume and Forecast to 2028 (Tons)
Figure 38. Rest of Europe: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)


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