Butyric Acid Derivatives Market Size

Butyric Acid Derivatives Market size was over USD 716.9 Million in 2023 and is anticipated to reach USD 1.72 Billion by the end of 2036, growing at around 7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of butyric acid derivatives is assessed at USD 767.08 Million. The growth of the market can be attributed to the rising consumption of meat and poultry around the world. It was observed that over the past 30 years, the production of meat has doubled. Global meat consumption is expected to reach about 450 million to 580 million tons by 2050. The rising economic standards of people, as well as the growing concern about gaining weight, and the fact that meat is a source of good protein that reduces fat, are expected to drive market growth. Moreover, fish is one of the best meats to reduce cholesterol and the risk of heart disease in obese people.

Butyric acid is an alkyl carboxylic acid with a straight chain. There is extensive use of butyric acid derivatives in animal feed as additives and are used to reduce animal-derived products' strong meat odors. These ingredients help meet the health requirements of animals. It helps in improving health, provides a proper diet, and supports gut health and animal productivity. In addition, the increasing demand for meat-based products and understanding of the benefits of protein found in animal meat are expected to enlarge the global butyric acid derivatives market size during the forecast period. For instance, it has been 50 years since world meat consumption tripled, and meat production has grown more than threefold