Isobutyric Acid Market by Type (Synthetic, Renewable), by Application (Pharmaceuticals & Cosmetics, Animal Feed, Chemical, Food & Flavors, Others), by By Geography (North America) Forecast 2024-2032
The Isobutyric Acid Market size was valued at USD 169.7 USD Million in 2023 and is projected to reach USD 290.84 USD Million by 2032, exhibiting a CAGR of 8.0 % during the forecast period. Isobutyric acid, a mono-carboxylic acid, is used in food additives, feed enhancers, pharmaceuticals, and chemical synthesis. It is easy to dissolve, non-toxic and compatible with other substances thus; it can be used in various industries. They have been used in food flavours, animal feed, and chemical intermediates in the production of pharmaceutical drugs and organic synthesis. It is obtained from the oxidation of isobutanol and is of natural and synthetic origin as well as use catalytic processes and distillation. Isobutyric acid is beneficial to product quality, feed efficiency and enhanced complex molecule synthesis; it is also versatile economically and is GRAS-certified. Isobutyric Acid has several applications and beneficial characteristics that make the market inevitably rise.
Type
Application
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.0% from 2018-2032 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.0% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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