Butyric Acid Market Outlook, Growth, Demand, Key Players Analysis and Opportunity by 2026
According to IMARC Group’s latest report, titled “ Butyric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 ”, the global butyric acid market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Butyric acid is a colorless carboxylic acid that is commonly found in animal fats, vegetable oils, milk, butter and cheese. It can also be formed by the bacterial fermentation of carbohydrates and dietary fibers. Commercially, it can be obtained by the chemical synthesis of petroleum-based feedstocks and fermenting starch or sugar in a mixture of putrefying cheese and calcium carbonate. It is affordable, sustainable and emits minimal greenhouse gases. Consequently, it is widely utilized across the food and beverage, pharmaceuticals and animal feed industries. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously t...