3-Methyl Valeric Acid Market - Forecast(2024 - 2030)
3-Methyl Valeric Acid Market Overview
3-Methyl Valeric Acid Market size is forecast to reach US$6.2 billion by 2026 and
is growing at a CAGR of 4.3% during 2021-2026. Valeric
Acid or Pentanoic Acid is a straight-chain alkyl carboxylic
acid. Like other low-molecular-weight carboxylic
acids, it has an unpleasant odor.
It is found naturally in the perennial flowering plant Valeriana
officinalis. Its primary use is in the synthesis of
its esters. Salts
and esters of valeric acid are known as valerates or pentanoates. Volatile
esters of valeric acid tend to have pleasant odors and are used in perfumes and
cosmetics. Various ethyl valerate and pentyl
valerate are used as food additives because
of their fruity flavors. 3-methyl pentanoic acid is a
very hydrophobic molecule, practically
insoluble in water and should be handled carefully
owing to its highly corrosive nature. The organic chemical
compound 3-methyl valeric acid is widely used as an intermediate in the
production of synthetic lubricants, agrochemicals, and pharmaceutical among
others and in the fusion of valeric acid esters. Due to the vast use of 3-Methyl Valeric Acid as a chemical intermediate, the market is
projected to grow in the forecast period.
COVID-19
Impact
Due to the COVID-19, most of the manufacturing
plants were shut down, which declined the production of raw materials for the
production of 3-Methyl Valeric Acid. Also, due to disrupted financial flows,
and rising absenteeism among production line staff, OEMs have been forced to
function at zero or partial capacity, resulting in lower demand and consumption
consumer goods. However in the global health crisis, the demand
of necessary food additives and Pesticide in Agriculture aid to the sustainable
demand of 3-Methyl Valeric Acid. The market continued
to survive with the manufacturing companies gradually
starting to operate with minimum workforce. And supply chain is gradually
returning back to normalcy. The market will gradually gain momentum due to the
use of 3-Methyl Valeric Acid in the
Food and Agricultural products in the forecast period.
3-Methyl Valeric Acid Market Report Coverage
The report: “3-Methyl Valeric Acid Market – Forecast(2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of 3-Methyl Valeric Acid Market.
By Type: Natural, and Synthetic.
By
Application: Food Additives ,Flavors and
Fragrances, Synthetic Lubricants, Extracting Agent, Plasticizer, Agrochemicals,
Chemical Intermediate, and Others.
By Geography: North
America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy,
Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China,
Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan,
Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile,
and Rest of South America), Rest of the World (Middle East, and Africa)
Key Takeaways
- Asia-Pacific dominates the 3-Methyl Valeric Acid market, owing to the increasing demand for food & beverages, and cosmetics among others consumer products.
- With increasing worldwide population, the food and beverages industry is foreseen to gather prominent growth opportunities in the forthcoming years.
- Changing lifestyle and increased inclination toward consuming packaged food products across the globe are some of the key factors fueling demand for 3-methyl valeric acid, thereby boosting market growth. In addition to this, the market for 3-methyl valeric acid is estimated to experience high demand from the companies operating in personal care and cosmetics sectors.
- According to International Trade
Association, in 2019 the U.S. exported personal care and cosmetic products to
China valued at $820 million. Hence owing to the cosmetic industry growth,3-Methyl Valeric Acid market will also grow due to its numerous
application in cosmetics industry.
Figure: Asia-Pacific 3-Methyl Valeric Acid Revenue, 2020-2026 (US$ Billion)
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3-Methyl Valeric Acid Market Segment Analysis – By Type
Synthetic
segment held the largest share of 55% in the 3-Methyl Valeric Acid market in
2020. Isovaleric acidor
3-Methyl Valeric Acid(3-Methyl Pentanoic Acid) has a strong pungent
cheesy or sweaty smell, but its volatile esters such as Ethyl Isovalerate have
pleasant odors and are widely used
in perfumery. It is also the primary flavor added to wine when made
using Brettanomyces yeasts. Isovaleric acid is highly
soluble in organic solvents. It has been commonly produced using yeasts. Rouxii, is a salt-tolerant yeast and was
studied for alpha-keto acid production from valine (the essential amino acid L-valine (Val) is needed
for the synthesis of proteins), leucine (Leucine is a potent activator used in the activation of muscle protein
synthesis), and methionine.3-Methyl Valeric Acid market is projected to grow
because of its synthetic use in various applications.
3-Methyl Valeric Acid Market Segment Analysis – By Application
Food Additive
segment held the largest share in the 3-Methyl Valeric Acid market in 2020 and
is growing at a CAGR of 6.4% during 2021-2026. The
aroma of 3-methyl valeric acid (3-Methyl Pentanoic Acid) can be described as Parmesan cheese, but is also very reminiscent of vomit. It is present in many food
products and gives characteristic notes to balsamic vinegar and cheese. Isovaleric
acids are believed to give character species to sheep meat and also to goat
cheese. Isovaleric acid increases the fat content of the milk in cows but the
milk yield does not get affected. Food Additives are needed to ensure processed food remains safe and in
good condition throughout its journey from Industrial kitchens,
during transportation to warehouses and shops, and finally to consumers. According to Ministry of Food Processing Industries, India's market
size for food is expected to reach US$544 billion by 2020-2021 whereas the food
industry output is expected to reach US$535 billion in 2025-2026. Thus due to
the trending use of packaged and processed food where 3-Methyl Valeric Acid(3-Methyl Pentanoic Acid) finds extensive
application, the market is projected to grow sustainably in the forecast
period.
3-Methyl Valeric Acid Market Segment Analysis – By Geography
Asia-Pacific region held the largest share in the 3-Methyl Valeric Acid market in 2020 up to 38%, owing to the accelerating Processed and Packaged goods demand in the region. According to Leatherhead Food Research, Asian food and beverage market is expected to increase by a compound annualized growth rate of 11% from 2020 to 2024, reaching US$277 billion (approximately €238 billion). In China, Combined profits of major food enterprises, whose annual revenues exceed 20 million Yuan (US$3 million dollars) from their main operations, amounted to 620.66 billion Yuan (US$94 Million dollar) in 2020, up 7.2% year on year, according to the Ministry of Industry and Information Technology China. Yet it is clear that given the expansion of both populations and incomes in the region this market will expand rapidly over the next few years. Particularly important will be the continued growth of cities and of the share of employment in industrial and service activities. Due to the Rising Population and Highest food consumption in Asia Pacific the 3-Methyl Valeric Acid Market is also expected to grow substantially.
3-Methyl Valeric Acid Market Drivers
Increasing consumption of cheese globally:
Due to the Strong, acidic, slightly fruity, cheesy, sweaty odor of 3-Methyl Valeric Acid(3-Methyl Pentanoic Acid), it is used in Cheese industry and can be used in a variety of aged cheese flavors, especially cheddar, parmesan, and romano. With the protein trend still going strong, cheese manufacturers may wish to consider positioning some of their products as protein foods through front-of-package call-outs and other marketing efforts. Portable, snackable cheeses are especially likely to benefit from protein claims. According to FAO (Food and Agriculture Organization), International cheese prices also increased by 2.1 percent in 2020. According to Glanbia Nutritionals, the global cheese market is forecast to reach $157 billion by 2023. In the U.S., it’s estimated that the cheese market will reach $26 billion by 2023.
Growth in the Dairy Industry globally:
Milk
is traded internationally mainly in the form of processed dairy products. China
consumes small amounts of dairy products per capita, but is expected to remain
the most important importer of milk products. Japan, the Russian Federation,
Mexico, the Middle East and North Africa will continue to be important net
importers of dairy products. India and Pakistan are expected to account for
more than 30% of world production in 2029. According to FAO (Food and
Agriculture Organization), Global milk production reached nearly 906 million tons
in 2020, up 2.0 percent from 2019, driven by output increases in all
geographical regions, except in Africa, where production remained stable. Milk
volume increases were highest in Asia, followed by Europe, the Americas,
Oceania and Central America and the Caribbean. In Asia, milk output rose to 379
million tons in 2020, up 2.6 percent year-on-year, principally driven by
increases mainly in India, China, Pakistan and Turkey. Kazakhstan, Uzbekistan
and Japan too registered moderate production. Due to the huge demand of dairy
products, the dairy sector is growing and hence aiding to growth of 3-Methyl Valeric Acid Market which
finds application in dairy products.
3-Methyl Valeric Acid Market Challenges
Disease Associated with Isovaleric Acid:
If a mutation in the IVD gene(Isovaleryl-CoA Dehydrogenase) reduces or eliminates the activity of this enzyme, the body is unable to break down leucine properly. As a result, isovaleric acid and related compounds build up to toxic levels, damaging the brain and nervous system. A characteristic feature of isovaleric acidemia is a distinctive odor of sweaty feet. This odor is caused by the build-up of a compound called Isovaleric acid in affected individuals. In about half of cases, the signs and symptoms of this disorder become apparent within a few days after birth and include poor feeding, vomiting, seizures, and lack of energy that can progress to coma. These medical problems are typically severe and can be life-threatening.
3-Methyl Valeric Acid Market Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3-Methyl Valeric Acid market. 3-Methyl Valeric Acid top companies include:
1. Merck KGaA
2. Santa Cruz Biotechnology,
Inc.
3. Penta Manufacturing Company
4. The Good Scents Company
5. Restek Corporation
6. Central Drug House (P) Ltd.
7. Toronto Research Chemicals
8. SynThink Research
Chemicals
9. Dupont
10. Sisco Research Laboratories Pvt. Ltd.
11. Neuchatel
Chemie Specialties
12. Yufeng International Co., Ltd
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