Global Bio-Acetic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Fermentation and Biomass

By Raw Material;

Corn, Maize, Sugar, and Others

By Application;

Vinyl Acetate Monomer (VAM), Acetate Esters, Purified Terephthalic Acid (PTA), Acetic Anhydride, and Others

By End User;

Chemical Manufacturing, Food Industry, and Personal Care

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn146751375 Published Date: May, 2025 Updated Date: June, 2025

Bio-Acetic Acid Market Overview

Bio-Acetic Acid Market (USD Million)

Bio-Acetic Acid Market was valued at USD 234.97 million in the year 2024. The size of this market is expected to increase to USD 338.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Global Bio-Acetic Acid Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 234.97 Million
Market Size (2031)USD 338.48 Million
Market ConcentrationMedium
Report Pages326
234.97
2024
338.48
2031

Major Players

  • Airedale Chemical
  • Bio-Corn Products EPZ Ltd
  • Godavari Biorefineries Ltd (GBL)
  • Sucroal SA
  • Zea2
  • Cargill Corporation
  • Novozymes AS
  • LanzaTech

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Bio-Acetic Acid Market

Fragmented - Highly competitive market without dominant players


The Bio-Acetic Acid Market is witnessing a notable shift as industries move toward sustainable chemical alternatives. Derived from renewable biomass through fermentation, bio-acetic acid now accounts for over 8% of the total acetic acid production. This transition is largely driven by growing environmental concerns and a rising emphasis on the use of eco-friendly raw materials in industrial processes.

Key Growth Drivers
Demand for bio-acetic acid is expanding across multiple industries including food preservation, textiles, adhesives, and biodegradable packaging. As the share of bio-based chemicals increases—surpassing 12% within the broader chemical sector—manufacturers are increasingly adopting bio-acetic acid due to its low toxicity and renewable origin. Consumer preferences for sustainable and green products further fuel its market traction.

Technological Innovations
Rapid progress in biotechnological manufacturing techniques has boosted the efficiency of bio-acetic acid production. Innovations such as microbial fermentation and enzymatic synthesis have reduced production costs by around 15%, while improving product purity and minimizing byproducts. These advances are reinforcing the competitiveness of bio-acetic acid in both industrial and specialty applications.

Future Potential
However, with investment in renewable feedstock solutions increasing by 18%, the outlook remains optimistic. Supportive policies promoting low-carbon technologies and circular bioeconomy models are expected to create new opportunities and strengthen the market’s long-term growth prospects.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Raw Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Bio-Acetic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Sustainable Chemicals
        2. Increased Focus on Environmental Regulations
        3. Advancements in Bio-Based Production Technologies
        4. Rising Consumer Preference for Green Products
      2. Restraints
        1. Limited Availability of Raw Materials
        2. Performance Variability Compared to Conventional Acetic Acid
        3. Regulatory and Certification Challenges
      3. Opportunities
        1. Emerging Market Expansion
        2. Innovations in Bio-Based Production Processes
        3. Development of New Applications
        4. Increased Investment in R&D
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bio-Acetic Acid Market, By Source, 2021 - 2031 (USD Million)
      1. Fermentation
      2. Biomass
    2. Bio-Acetic Acid Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Corn
      2. Maize
      3. Sugar
      4. Others
    3. Bio-Acetic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Vinyl Acetate Monomer (VAM)
      2. Acetate Esters
      3. Purified Terephthalic Acid (PTA)
      4. Acetic Anhydride
      5. Others
    4. Bio-Acetic Acid Market, By End User, 2021 - 2031 (USD Million)
      1. Chemical Manufacturing
      2. Food Industry
      3. Personal Care
    5. Bio-Acetic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Godavari Biorefineries Ltd.
      2. LENZING AG
      3. Airedale Group
      4. Novozymes A/S (Novonesis Group)
      5. Sekab
      6. Jubilant Ingrevia Limited
      7. Sucroal SA
      8. LanzaTech
      9. Afyren SAS
      10. BTG Bioliquids
  7. Analyst Views
  8. Future Outlook of the Market