Global Bio-Based Succinic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Process Type;
Ammonium Sulfate Process, Direct Crystallization Process, and Electrodialysis Process.By Type;
Food Grade, Industrial Grade, and Pharmaceutical Grade.By Application;
Industrial, Pharmaceutical, Personal Care, and Paints & Coatings.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Bio-Based Succinic Acid Market (USD Million), 2021 - 2031
In the year 2024, the Global Bio-Based Succinic Acid Market was valued at USD 1,173.76 million. The size of this market is expected to increase to USD 5,787.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.6%.
The global bio-based succinic acid market has been experiencing significant growth as industries seek sustainable alternatives to petrochemical-derived chemicals. Bio-based succinic acid, produced from renewable resources such as biomass and agricultural by-products, is emerging as a key player in the shift towards greener chemical solutions. Unlike its petrochemical counterparts, bio-based succinic acid offers a lower carbon footprint and enhanced environmental benefits, making it an attractive option for various applications, including biodegradable plastics, food additives, and pharmaceuticals. The increasing demand for eco-friendly products and the push for reducing greenhouse gas emissions are driving the expansion of this market.
The production of bio-based succinic acid involves fermenting carbohydrates derived from renewable sources like corn, sugarcane, and wheat, using microorganisms. This sustainable production method not only reduces reliance on fossil fuels but also leverages agricultural residues, thereby contributing to waste reduction. Advances in fermentation technology and genetic engineering have further improved the efficiency and cost-effectiveness of producing bio-based succinic acid. As a result, the market is seeing an influx of new players and innovations, which are enhancing the availability and application range of bio-based succinic acid.
Several factors are contributing to the growth of the bio-based succinic acid market. Stringent environmental regulations and increasing consumer preference for sustainable products are compelling manufacturers to explore bio-based alternatives. Additionally, the development of bio-based polymers and resins, which utilize succinic acid as a key building block, is creating new opportunities in sectors such as packaging, automotive, and textiles. The period from 2020 to 2030 is expected to witness continued growth in this market, supported by ongoing research, technological advancements, and the expanding adoption of bio-based chemicals across various industries.
Global Bio-Based Succinic Acid Market Recent Developments
-
In June 2022, NIPPON SHOKUBAI CO., LTD. increased the prices of succinic acid by USD 0.5/kg (JPY 50/kg).
-
In June 2021, Roquette Frères announced that the company has earned the U.S. Department of Agriculture (USDA) certified Bio-based Product Label for their product BIOSUCCINIUM.
Segment Analysis
The global bio-based succinic acid market has been segmented by process type, type, application, and geography, reflecting the growing demand for sustainable chemicals and eco-friendly alternatives in various industries. In terms of process type, bio-based succinic acid can be produced through different methods, including fermentation, chemical synthesis, and catalytic hydrogenation. Fermentation, primarily using renewable raw materials like glucose or corn, is the most widely adopted method due to its efficiency and sustainability. Chemical synthesis involves the conversion of petrochemical-based intermediates into succinic acid, while catalytic hydrogenation is used to produce high-purity bio-based succinic acid. The choice of process depends on the desired product quality, production scale, and raw material availability.
Regarding type, the bio-based succinic acid market is segmented into various grades, such as industrial-grade and pharmaceutical-grade succinic acid. Industrial-grade bio-based succinic acid is primarily used in applications like plasticizers, solvents, and resins, while pharmaceutical-grade succinic acid is utilized in the production of medicines and health supplements. The pharmaceutical-grade segment is growing steadily due to the increasing use of succinic acid in drug formulations, as well as its use in medical applications like intravenous solutions and vaccines. The industrial-grade segment, on the other hand, dominates the market due to the wide range of applications across various industries, including automotive, textiles, and packaging.
In terms of application, bio-based succinic acid is used in a variety of industries, including biodegradable plastics, food & beverages, pharmaceuticals, personal care, and agriculture. The biodegradable plastics segment is a major contributor to the demand for bio-based succinic acid, as it is a key component in the production of polybutylene succinate (PBS), a biodegradable plastic that offers an eco-friendly alternative to traditional plastics. In the food and beverage industry, bio-based succinic acid is used as a food additive and preservative, while in the pharmaceutical industry, it serves as an intermediate for drug synthesis. Additionally, bio-based succinic acid is increasingly being used in personal care products, such as cosmetics and skincare, due to its moisturizing properties.
Geographically, the bio-based succinic acid market is growing across regions such as North America, Europe, and Asia-Pacific. North America and Europe are key markets, driven by strong environmental regulations, increased adoption of sustainable practices, and the presence of major bio-based succinic acid manufacturers. In North America, the market is supported by government initiatives promoting the use of renewable and sustainable chemicals. Europe has a long history of using bio-based chemicals, and the demand for bio-based succinic acid is expected to continue growing due to stringent environmental policies and consumer demand for green products. Asia-Pacific, particularly China and India, is expected to witness significant growth in the bio-based succinic acid market due to rapid industrialization, a shift toward eco-friendly solutions, and increasing demand for biodegradable plastics and sustainable chemicals. As sustainability becomes a key driver for industries worldwide, the global bio-based succinic acid market is expected to expand further across all regions.
Global Bio-Based Succinic Acid Segment Analysis
In this report, the Global Bio-Based Succinic Acid Market has been segmented by Process Type, Type, Application, and Geography.
Global Bio-Based Succinic Acid Market, Segmentation by Process Type
The Global Bio-Based Succinic Acid Market has been segmented by Process Type into Ammonium Sulfate Process, Direct Crystallization Process, and Electrodialysis Process.
The ammonium sulfate process involves fermenting renewable raw materials like glucose or starch and then using ammonium sulfate as a key reactant to separate succinic acid. This process is widely used due to its efficiency and cost-effectiveness, especially for large-scale production of bio-based succinic acid.
The direct crystallization process, on the other hand, focuses on the crystallization of succinic acid directly from a fermentation broth without additional chemical treatments. This process ensures higher purity levels of succinic acid and is favored in industries where the quality of the final product is critical, such as pharmaceuticals and food additives. It requires careful control of temperature and pH during fermentation, making it a more precise and energy-intensive process compared to the ammonium sulfate method. However, the direct crystallization method can result in a more environmentally friendly production process due to its lower reliance on chemical inputs.
The electrodialysis process is another innovative method used in the production of bio-based succinic acid. This process utilizes electrical fields to selectively separate succinic acid from fermentation broths, offering a high level of precision and lower environmental impact due to reduced chemical waste. Electrodialysis is typically used for high-purity succinic acid production and is considered an emerging technology in the market. Although it is more expensive and less commonly used compared to other methods, its potential for high-purity and environmentally sustainable production makes it an attractive option for future growth in the bio-based succinic acid market.
These three processes represent different approaches to producing bio-based succinic acid, each catering to various market demands. The choice of process depends on factors such as cost, purity requirements, scalability, and environmental impact. As industries increasingly demand sustainable and high-quality chemical products, the adoption of advanced production methods like direct crystallization and electrodialysis is expected to grow, alongside the more established ammonium sulfate process.
Global Bio-Based Succinic Acid Market, Segmentation by Type
The Global Bio-Based Succinic Acid Market has been segmented by Type into Food Grade, Industrial Grade, and Pharmaceutical Grade.
Food grade bio-based succinic acid is used primarily in the food and beverage industry as a flavor enhancer, acidulant, and preservative. This grade meets stringent safety and purity standards to ensure it is suitable for consumption. The demand for food grade succinic acid is driven by increasing consumer preference for natural and sustainable ingredients, as well as regulatory pressures to reduce synthetic additives in food products. This segment is growing steadily as manufacturers seek to align with clean label trends and the push towards more natural and bio-based food ingredients.
Industrial grade bio-based succinic acid is utilized across a wide range of applications, including the production of biodegradable plastics, solvents, and various chemicals used in manufacturing processes. This grade of succinic acid is designed to meet the performance requirements of industrial applications, providing functionality and efficiency in product formulations. The industrial grade segment is expanding rapidly due to the growing adoption of bio-based materials in packaging, automotive, and construction industries, where there is a significant drive towards sustainability and reducing the reliance on petrochemical products. Innovations in production technology and economies of scale are contributing to the increased availability and cost-effectiveness of industrial grade succinic acid.
Pharmaceutical grade bio-based succinic acid is used in the pharmaceutical industry as a precursor for the synthesis of active pharmaceutical ingredients (APIs) and in drug formulations. This grade must adhere to the highest standards of purity and quality to ensure safety and efficacy in medical applications. The pharmaceutical grade segment is characterized by its rigorous regulatory requirements and is driven by the need for high-quality, sustainable chemical solutions in drug development. The demand for pharmaceutical grade succinic acid is bolstered by the growing emphasis on sustainable practices within the healthcare sector and the increasing use of bio-based chemicals in pharmaceutical manufacturing. The focus on research and development, coupled with advancements in bio-based production techniques, is expected to drive growth in this segment over the coming years.
Global Bio-Based Succinic Acid Market, Segmentation by Application
The Global Bio-Based Succinic Acid Market has been segmented by Application into Industrial, Pharmaceutical, Personal Care, and Paints & Coatings.
In the industrial sector, bio-based succinic acid is primarily used as a building block for producing biodegradable plastics, resins, and solvents. Its role in creating sustainable materials has gained prominence as industries seek alternatives to petrochemical-based products. The demand for bio-based succinic acid in industrial applications is driven by the push towards greener manufacturing processes and the need for materials that offer both environmental benefits and high performance. As industrial sectors increasingly focus on sustainability, the use of bio-based succinic acid is expected to expand further.
In the pharmaceutical industry, bio-based succinic acid is valued for its role as a precursor in the synthesis of active pharmaceutical ingredients (APIs) and in various drug formulations. This application requires high purity and consistency to ensure the safety and efficacy of medications. The pharmaceutical sector’s interest in bio-based succinic acid is growing due to its potential to contribute to more sustainable and eco-friendly production processes. As the healthcare industry continues to embrace sustainable practices, the use of bio-based chemicals like succinic acid is likely to increase, supporting the development of greener pharmaceutical products and manufacturing methods.
The personal care industry utilizes bio-based succinic acid in a range of products, including skincare, haircare, and cosmetics. It functions as an ingredient that enhances product performance, stability, and sensory properties. The growing consumer demand for natural and eco-friendly personal care products has driven the adoption of bio-based ingredients, including succinic acid. This trend aligns with the broader movement towards clean and sustainable beauty products, which prioritize environmental impact and safety. As consumer preferences shift towards more sustainable personal care solutions, the application of bio-based succinic acid is expected to gain momentum.
In the paints and coatings industry, bio-based succinic acid is used to produce environmentally friendly coatings and finishes. Its role in formulating low-VOC and biodegradable paints contributes to the industry's efforts to reduce environmental impact and improve indoor air quality. The increasing focus on sustainable and green building practices is driving the demand for bio-based solvents and additives, including succinic acid. As regulations around VOC emissions tighten and consumer preferences lean towards eco-friendly products, the use of bio-based succinic acid in paints and coatings is anticipated to grow, supporting the development of more sustainable and high-performance coating solutions.
Global Bio-Based Succinic Acid Market, Segmentation by Geography
In this report, the Global Bio-Based Succinic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Bio-Based Succinic Acid Market Share (%), by Geographical Region, 2024
In North America, the market has experienced significant growth, driven by stringent environmental regulations and a strong focus on sustainability. The United States and Canada are leading the charge with substantial investments in green technologies and bio-based chemical production. North America's commitment to reducing carbon emissions and promoting eco-friendly solutions has led to a robust demand for bio-based succinic acid in industrial, pharmaceutical, and personal care applications. The trend is expected to continue through 2030, supported by ongoing regulatory incentives and technological advancements.
Europe is another key region for the bio-based succinic acid market, characterized by a well-established regulatory framework that encourages the use of sustainable chemicals. The European Union's Green Deal and various national policies have created a conducive environment for the growth of bio-based products. Countries like Germany, France, and the Netherlands are at the forefront, with strong industrial bases and a significant focus on reducing environmental impact. The period from 2020 to 2030 is expected to see steady growth in Europe, driven by regulatory support, technological innovation, and a growing preference for eco-friendly solutions across sectors such as paints and coatings, pharmaceuticals, and personal care.
In the Asia-Pacific region, the bio-based succinic acid market is set to experience rapid expansion due to industrial growth, urbanization, and increasing environmental awareness. Countries like China and India are making substantial investments in bio-based industries, including succinic acid, to meet both domestic demand and international environmental standards. The region's diverse industrial base, including textiles, automotive, and packaging, presents significant opportunities for bio-based succinic acid applications. From 2020 to 2030, Asia-Pacific is anticipated to witness the fastest growth, driven by increasing regulatory pressures, consumer demand for sustainable products, and advancements in bio-based production technologies.
The Middle East and Africa (MEA) and Latin America are emerging markets with substantial potential for bio-based succinic acid, albeit at a slower pace compared to more developed regions. In MEA, countries like the UAE and Saudi Arabia are exploring bio-based chemicals as part of broader economic diversification and sustainability initiatives. Similarly, Latin America, with its abundant agricultural resources, has significant potential for producing bio-based succinic acid. Brazil, in particular, is a key player due to its strong bioethanol industry. While market growth in these regions may be gradual, driven by economic conditions and technological advancements, the period from 2020 to 2030 will likely see increased contributions from MEA and Latin America, supported by both domestic and international demand for sustainable chemical solutions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Bio-Based Succinic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising Demand for Sustainable and Eco-Friendly Products
- Technological Advances in Production
- Government Incentives and Support
-
Increased Awareness of Carbon Footprint Reduction - The growing awareness of carbon footprint reduction has become a significant driver for the adoption of bio-based succinic acid. As climate change and environmental sustainability gain prominence, both consumers and industries are seeking ways to minimize their carbon footprints. Bio-based succinic acid, derived from renewable resources, offers a more sustainable alternative to traditional petrochemical-based succinic acid. By reducing reliance on fossil fuels and lowering greenhouse gas emissions during production, bio-based succinic acid aligns with the global push for greener practices. This shift towards sustainability enhances the appeal of bio-based succinic acid and drives its market growth.
Awareness of carbon footprint issues, many governments and regulatory bodies are implementing policies and incentives that promote the use of sustainable materials. These policies often include tax credits, grants, and subsidies for companies that adopt eco-friendly practices and materials, such as bio-based succinic acid. Additionally, stricter regulations on carbon emissions and environmental impact are encouraging industries to seek out and implement more sustainable alternatives. By aligning with these regulations and taking advantage of available incentives, companies can not only meet compliance requirements but also enhance their reputation as environmentally responsible entities.
The focus on carbon footprint reduction is also stimulating investment in research and development (R&D) to improve the production and performance of bio-based succinic acid. Researchers are working on optimizing production processes, increasing the efficiency of raw material usage, and developing new applications for bio-based succinic acid. These advancements aim to make bio-based succinic acid more cost-effective and versatile, further driving its adoption across various industries, including automotive, pharmaceuticals, and packaging. By investing in R&D and leveraging technological innovations, the bio-based succinic acid market can continue to grow, supporting broader efforts to reduce carbon footprints and promote sustainability.
Restraints
- Limited Availability of Raw Materials
- Performance and Quality Issues
- Regulatory Compliance Challenges
-
Market Resistance and Awareness - Market resistance and lack of awareness are significant barriers to the widespread adoption of bio-based succinic acid. Despite its environmental benefits, many stakeholders, including businesses and consumers, may not be fully informed about the advantages of bio-based succinic acid over traditional petrochemical-based options. This lack of awareness can lead to reluctance in adopting bio-based alternatives, as established products are often preferred due to familiarity and perceived reliability. Effective educational campaigns and targeted outreach are essential to raise awareness about the benefits of bio-based succinic acid, such as its lower carbon footprint and sustainability, to encourage greater acceptance and usage.
The higher production costs associated with bio-based succinic acid also contribute to market resistance. The production of bio-based succinic acid often involves more complex and expensive processes compared to conventional methods. This cost disparity can make bio-based succinic acid less attractive to businesses, especially in price-sensitive industries or those operating on thin margins. Addressing these cost issues through technological advancements, improved production efficiencies, and economies of scale is crucial for making bio-based succinic acid more competitive and appealing in the market.
Integrating bio-based succinic acid into existing industrial processes and supply chains presents additional challenges. Many industries are accustomed to using traditional petrochemical-based succinic acid and may face difficulties in adapting to new materials. This includes concerns about the performance, compatibility, and availability of bio-based succinic acid in existing applications. Overcoming these integration challenges requires collaboration between bio-based succinic acid producers and end-users, as well as support from industry associations and government bodies. By addressing market resistance and increasing awareness, the bio-based succinic acid market can achieve greater acceptance and contribute to a more sustainable chemical industry.
Opportunities
- Development of New Applications
- Advancements in Production Technologies
- Collaborations and Strategic Partnerships
-
Investment in R&D and Innovation - Investment in research and development (R&D) is crucial for advancing the bio-based succinic acid market and addressing its current challenges. R&D efforts focus on improving the production processes, enhancing the efficiency of raw material use, and developing new applications for bio-based succinic acid. Innovations in biotechnological processes, such as microbial fermentation and enzymatic methods, can lead to more cost-effective and scalable production. By investing in R&D, companies can overcome issues related to high production costs and limited raw material availability, making bio-based succinic acid a more viable and competitive alternative to traditional petrochemical-based succinic acid.
Innovation through R&D also aims to expand the applications and market potential of bio-based succinic acid. Researchers are exploring novel uses in various industries, including automotive, pharmaceuticals, and packaging. By developing new applications and improving material properties, R&D can help meet the evolving needs of different sectors and tap into emerging market opportunities. Innovations that enhance the performance and versatility of bio-based succinic acid can lead to its adoption in a wider range of products and processes, driving market growth and increasing its appeal to diverse industries.
Investment in R&D fosters collaboration between industry players, academic institutions, and government agencies. These partnerships enable the sharing of expertise, resources, and funding, accelerating technological advancements and commercialization. Collaborative R&D projects can lead to breakthroughs that improve the production efficiency, performance, and affordability of bio-based succinic acid. By prioritizing R&D and encouraging innovation, the bio-based succinic acid market can continue to evolve, supporting sustainability goals and contributing to the development of greener chemical solutions.
Competitive Landscape Analysis
Key players in Global Bio-Based Succinic Acid Market include :
- BASF SE
- Gadiv Petrochemical Industries Limited
- BioAmber
- DSM
- Kawasaki Kasei Chemicals
- Misubishi Chemical Corporation
- Mitsui & Co
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Process Type
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Bio-Based Succinic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand for Sustainable and Eco-Friendly Products
- Technological Advances in Production
- Government Incentives and Support
- Increased Awareness of Carbon Footprint Reduction
- Restraints
- Limited Availability of Raw Materials
- Performance and Quality Issues
- Regulatory Compliance Challenges
- Market Resistance and Awareness
- Opportunities
- Development of New Applications
- Advancements in Production Technologies
- Collaborations and Strategic Partnerships
- Investment in R&D and Innovation
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Bio-Based Succinic Acid Market, By Process Type, 2021 - 2031 (USD Million)
- Ammonium Sulfate Process
- Direct Crystallization Process
- Electrodialysis Process
- Global Bio-Based Succinic Acid Market, By Type, 2021 - 2031 (USD Million)
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Global Bio-Based Succinic Acid Market, By Application, 2021 - 2031 (USD Million)
- Industrial
- Pharmaceutical
- Personal Care
- Paints & Coatings
- Global Bio-Based Succinic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Bio-Based Succinic Acid Market, By Process Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Gadiv Petrochemical Industries Limited
- BioAmber
- DSM
- Kawasaki Kasei Chemicals
- Misubishi Chemical Corporation
- Mitsui & Co
- Company Profiles
- Analyst Views
- Future Outlook of the Market