Lucintel Forecasts Butyric Acid Market To Grow At A Cagr Of 15.1%

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According to the recent study the butyric acid market is projected to grow at a CAGR of 15.1% from 2019 to 2024. Growth in this market is primarily driven by increasing demand from various end use industries and stringent regulations relating to the use of antibiotics in animal feed especially in Europe and North America.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in butyric acid market by product form(synthetic butyric acid and renewable butyric acid), application (animal feed, chemical intermediate, food and flavors, pharmaceuticals, perfume, and others), and region (North America, Europe, Asia Pacific, and RoW).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/butyric-acid-market.aspx
“Synthetic butyric acid market is expected to remain the largest segment during the forecast period.”
Based on product form, the butyric acid market is segmented into synthetic butyric acid and renewable butyric acid. Lucintel forecasts that the synthetic butyric acid market is expected ...
... to remain the largest segment.
“Within the butyric acid market, the animal feed segment is expected to remain the largest application.”
Based on application, the animal feed segment is expected to witness the largest segment over the forecast period.
“Asia Pacific will dominate the butyric acid market in near future.”
Asia Pacific is expected to be the largest region over the forecast period due to increase in population and the rise in demand of the animal feed market.
Download Brochure of this report by clicking on https://www.lucintel.com/butyric-acid-market.aspx
Major players of Butyric acid market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Eastman Chemical Company, Perstorp Holding AB, Oxea GmbH, Blue Marble Biomaterials, LLC, Tokyo Chemical Industry Co. Ltd., Beijing Huamaoyuan Fragrance Flavor Co. Ltd., Snowco Industrial Co. Ltd., and Parche are among the major butyric acid providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/butyric-acid-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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