Bio-Succinic Acid Market Report: Trends, Forecast and Competitive Analysis to 2031

The future of the global bio-succinic acid market looks promising with opportunities in the bioplastics, food and beverages, pharmaceuticals and cosmetics, solvents and chemicals, and others markets. The global bio-succinic acid market is expected to grow with a CAGR of 9.6% from 2025 to 2031. The major drivers for this market are the increasing demand for sustainable bioplastics drives bio-succinic acid adoption., the growing focus on renewable chemicals boosts bio-succinic acid production., and the shift towards more sustainable production methods.

• Lucintel forecasts that, within the type category, fermentation process is expected to witness the highest growth over the forecast period.
• Within the application category, bioplastics is expected to witness the highest growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the Bio-Succinic Acid Market

Emerging trends in the bio-succinic acid market are transforming the way industries approach chemical production. As sustainability becomes a priority, bio-succinic acid is gaining popularity due to its eco-friendly nature and diverse applications. These trends reflect growing demand for renewable chemicals and increased investment in technology, driving innovations in production methods and the expansion of bio-succinic acid's market presence.

• Increased Demand for Biodegradable Plastics: As environmental concerns over plastic pollution grow, industries are increasingly turning to bio-succinic acid for the production of biodegradable plastics. Bio-succinic acid is used in creating polybutylene succinate (PBS), a biodegradable plastic that has applications in packaging and consumer goods. This trend is aligned with the push to reduce plastic waste and adopt sustainable alternatives in the plastics industry.
• Expansion of Fermentation-Based Production: The shift towards more sustainable production methods, particularly fermentation-based technologies, is gaining traction in the bio-succinic acid market. Fermentation is a cost-effective, eco-friendly method of producing bio-succinic acid from renewable feedstocks. This trend is making bio-succinic acid production more scalable and accessible, enabling manufacturers to meet the growing demand for bio-based chemicals across industries.
• Adoption in Food and Beverage Industry: The food and beverage industry is increasingly adopting bio-succinic acid as a food additive, owing to its GRAS (Generally Recognized as Safe) status. It is used as a flavoring agent, pH regulator, and preservative. With the growing consumer demand for natural and sustainable ingredients, bio-succinic acid is becoming a preferred alternative in the food and beverage sector, boosting its market penetration.
• Increased R&D for Cost Reduction: Research and development efforts are focused on improving the efficiency of bio-succinic acid production and reducing its cost. Innovations in feedstock utilization, fermentation processes, and catalytic technologies are helping companies reduce production costs. As the price of bio-succinic acid continues to decrease, it is expected to become more competitive with petrochemical-based alternatives, enhancing its adoption in various industries.
• Growth in the Automotive Sector: Bio-succinic acid is gaining attention in the automotive sector for producing bio-based polyesters, which are used in manufacturing components such as upholstery, interior parts, and exterior body panels. As the automotive industry embraces sustainability and circular economy principles, bio-succinic acid is becoming a key material for creating eco-friendly automotive parts that align with environmental regulations.

The emerging trends in the bio-succinic acid market, such as the demand for biodegradable plastics, fermentation-based production methods, adoption in the food and beverage industry, increased R&D efforts, and growth in the automotive sector, are shaping the future of the market. These trends reflect a clear shift toward sustainability, which is driving greater adoption of bio-succinic acid as a key alternative to traditional petrochemical-derived chemicals.

Recent Developments in the Bio-Succinic Acid Market

Recent developments in the bio-succinic acid market highlight the growing importance of sustainable production methods and renewable resources. Advancements in biotechnology, government support for green chemicals, and the rise of bio-based alternatives are influencing the market's evolution, leading to a broader application of bio-succinic acid across multiple industries.

• Scaling Up Production Capacity: Several leading bio-succinic acid manufacturers are expanding their production capacities to meet the growing demand for bio-based chemicals. Companies are investing in advanced fermentation technologies to increase efficiency and reduce costs. This scaling up of production is enabling bio-succinic acid to become more competitive with petroleum-based chemicals, accelerating its adoption in various industries.
• Government Support and Regulations: Governments across the globe are implementing policies that encourage the adoption of sustainable chemicals like bio-succinic acid. Tax incentives, subsidies, and regulations promoting the reduction of carbon footprints are spurring innovation in bio-based chemicals. These policies have helped foster a favorable environment for bio-succinic acid production and application, driving the market's growth.
• Technological Advancements in Production: Breakthroughs in biotechnology and fermentation technologies have made the production of bio-succinic acid more cost-effective. Researchers are focusing on optimizing microbial strains and improving fermentation processes to enhance yields and reduce costs. These technological advancements are improving the overall efficiency and scalability of bio-succinic acid production.
• Strategic Partnerships for Expansion: Companies in the bio-succinic acid market are forming strategic partnerships to expand their product portfolios and increase market share. Collaborations between manufacturers, research institutions, and suppliers are helping to advance production technologies, explore new applications, and open up new markets. These partnerships are accelerating the adoption of bio-succinic acid across industries.
• Expansion of Applications in Bioplastics: The demand for bioplastics, particularly polybutylene succinate (PBS), is driving the growth of bio-succinic acid in the plastics industry. As more companies adopt bio-based materials for packaging, textiles, and other products, bio-succinic acid's role as a key raw material in biodegradable plastics is becoming more pronounced, significantly expanding its application scope.

Recent developments such as scaling up production capacities, government support, technological advancements, strategic partnerships, and expanded applications in bioplastics are driving the growth of the bio-succinic acid market. These developments are making bio-succinic acid a more viable and sustainable alternative to petrochemical-based chemicals, accelerating its adoption across various industries.

Strategic Growth Opportunities in the Bio-Succinic Acid Market

The bio-succinic acid market presents significant growth opportunities across several applications, fueled by increasing consumer demand for sustainable products and the shift toward bio-based alternatives. Key sectors like bioplastics, food and beverages, automotive, and pharmaceuticals are adopting bio-succinic acid for its eco-friendly properties and versatility.

• Bioplastics and Packaging: The growing demand for biodegradable and sustainable packaging solutions presents a key growth opportunity for bio-succinic acid. Bio-succinic acid is used in the production of polybutylene succinate (PBS), a biodegradable plastic that is gaining traction in packaging and consumer goods. As the packaging industry shifts toward sustainable materials, bio-succinic acid is poised to play a pivotal role.
• Food and Beverage Industry: Bio-succinic acid's use as a food additive and flavoring agent offers growth potential in the food and beverage industry. With consumer preferences shifting toward natural and clean-label ingredients, bio-succinic acid is becoming an essential ingredient in the production of various food products, enhancing its market appeal.
• Automotive Sector: As the automotive industry moves toward sustainability, bio-succinic acid's applications in producing bio-based polyesters for automotive parts present a key opportunity. Bio-succinic acid is used to produce lightweight, durable components for vehicles, helping automakers reduce their carbon footprints while improving vehicle performance.
• Pharmaceutical and Healthcare: The pharmaceutical industry is exploring bio-succinic acid as an alternative to traditional chemicals in the production of excipients, drug formulations, and medical devices. As demand for eco-friendly pharmaceuticals grows, bio-succinic acid is becoming a viable alternative, opening up new opportunities in the healthcare sector.
• Textile and Fibers: Bio-succinic acid is also finding applications in textiles and fibers, where it is used to produce biodegradable polyester fibers. As sustainability becomes a key focus in the fashion and textile industries, bio-succinic acid is positioned as a sustainable alternative to conventional polyester fibers.

Strategic growth opportunities for bio-succinic acid are emerging across various applications, including bioplastics, food and beverage, automotive, pharmaceuticals, and textiles. As industries seek more sustainable materials and production methods, bio-succinic acid is poised to become a key ingredient in driving the shift towards eco-friendly solutions.

Bio-Succinic Acid Market Driver and Challenges

The bio-succinic acid market is driven by several key factors, including sustainability goals, technological advancements, and regulatory incentives. However, challenges such as high production costs and raw material availability persist. Understanding these drivers and challenges is essential for identifying opportunities and addressing potential barriers in the market.

The factors responsible for driving the Bio-Succinic Acid market include:

1. Sustainability and Environmental Impact: Growing concerns over climate change and plastic pollution are driving demand for bio-based chemicals. Bio-succinic acid, produced from renewable feedstocks, offers a more sustainable alternative to petrochemical-based products, aligning with efforts to reduce carbon footprints and plastic waste.

2. Technological Advancements: Advancements in fermentation technologies and biotechnology are enabling more efficient production of bio-succinic acid. Innovations in microbial strains and process optimization are driving down costs and increasing production yields, making bio-succinic acid more competitive with traditional petrochemical-based chemicals.

3. Government Regulations and Support: Governments worldwide are implementing policies and incentives to encourage the adoption of sustainable materials. Tax credits, subsidies, and regulations supporting the reduction of carbon emissions are driving growth in the bio-succinic acid market, as companies seek to comply with stricter environmental standards.

4. Growing Consumer Demand for Green Products: As consumer demand for eco-friendly and sustainable products increases, industries are adopting bio-based chemicals like bio-succinic acid. The growing preference for natural, biodegradable, and renewable materials is helping to expand the market for bio-succinic acid.

5. Cost Reduction in Production: Research and development efforts focused on improving the efficiency of bio-succinic acid production are making it more affordable. By utilizing low-cost feedstocks and optimizing fermentation processes, manufacturers are reducing production costs, driving greater adoption of bio-succinic acid across industries.

Challenges in the Bio-Succinic Acid market are:

1. High Production Costs: Despite technological improvements, the production of bio-succinic acid remains more expensive than traditional petrochemical-based chemicals. The use of renewable feedstocks and complex manufacturing processes contributes to higher costs, which can limit its widespread adoption.

2. Raw Material Availability and Cost: Bio-succinic acid production relies on renewable feedstocks, which may face supply chain disruptions or price volatility. Fluctuations in the availability and cost of raw materials like glucose, glycerol, and agricultural waste can impact the scalability and pricing of bio-succinic acid.

3. Market Penetration and Competition: Although bio-succinic acid is gaining popularity, it faces competition from established petrochemical products. Market penetration is a challenge, as bio-succinic acid must overcome price and performance barriers to be widely adopted across industries like plastics and chemicals.

The bio-succinic acid market is driven by sustainability goals, technological advancements, and regulatory support, but challenges such as high production costs, raw material availability, and market competition must be addressed. By overcoming these challenges, bio-succinic acid can continue to grow and replace traditional petrochemical-based products across various industries.

List of Bio-Succinic Acid Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-succinic acid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bio-succinic acid companies profiled in this report include-

• Technip Energies
• Nippon Shokubai
• Feiyang Chemical
• Sunsing Chemicals
• Jinbaoyu Technology

Bio-Succinic Acid Market by Segment

The study includes a forecast for the global bio-succinic acid market by type, application, and region.

Bio-Succinic Acid Market by Type [Value from 2019 to 2031]:

• Fermentation Process
• Enzymatic Processes
• Genetically Engineered Microorganisms
• Others

Bio-Succinic Acid Market by Application [Value from 2019 to 2031]:

• Bioplastics
• Food And Beverages
• Pharmaceuticals And Cosmetics
• Solvents And Chemicals
• Others

Bio-Succinic Acid Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Bio-Succinic Acid Market

The Bio-Succinic Acid Market is rapidly evolving as industries seek renewable and sustainable alternatives to petrochemical-derived chemicals. Bio-succinic acid is gaining traction for its potential in applications across sectors like plastics, food additives, and biofuels. Major markets such as the United States, China, Germany, India, and Japan are making significant strides in the production and adoption of bio-succinic acid, driven by sustainability goals and technological advancements.

• United States: The United States is a leader in bio-succinic acid production, with numerous companies focusing on developing bio-based alternatives to traditional chemicals. The U.S. market has witnessed increased investments in biotechnology and renewable feedstock-based production technologies. Key players are scaling up production capacity and leveraging innovative fermentation processes to lower costs and improve the sustainability of bio-succinic acid. The U.S. government's push for green chemistry and sustainable materials is also spurring demand in industries like bioplastics, packaging, and pharmaceuticals.
• China: China, as the world's largest producer of chemicals, is rapidly expanding its bio-succinic acid production capacity. The Chinese government is actively encouraging the development of renewable resources and green technologies, leading to significant investments in bio-based chemicals. The country is focusing on using low-cost feedstocks, such as agricultural waste, to produce bio-succinic acid. This has made bio-succinic acid an attractive alternative in China's chemical industry, especially for applications in biodegradable plastics, personal care, and food products.
• Germany: Germany is a key player in the European bio-succinic acid market, known for its strong commitment to sustainability and environmental stewardship. The country has implemented policies encouraging the use of renewable raw materials and the reduction of carbon emissions. German companies are investing in advanced fermentation technologies and scaling up production to meet the growing demand for bio-based products. Bio-succinic acid is increasingly used in sectors such as plastics, automotive, and personal care, aligning with Germany's vision for a circular economy.
• India: India is rapidly adopting bio-succinic acid in various industries, particularly in the production of biodegradable plastics and personal care products. The country is focusing on leveraging its agricultural feedstocks to produce bio-succinic acid at competitive costs. Indian companies are investing in research and development to improve production methods and explore new applications. Additionally, the Indian government's push for clean energy and sustainable chemicals is accelerating the use of bio-succinic acid as a viable alternative to petroleum-based chemicals.
• Japan: Japan is investing heavily in bio-succinic acid production, with a focus on reducing its reliance on petrochemicals. Japanese companies are incorporating bio-succinic acid into various applications, including packaging, automotive components, and biofuels. Japan's strong technological base and commitment to sustainability are driving innovation in bio-based chemical production. Additionally, government policies promoting eco-friendly materials and circular economies are fueling the growth of the bio-succinic acid market, making it an important alternative in Japan's industrial landscape.

Features of the Global Bio-Succinic Acid Market

• Market Size Estimates: Bio-succinic acid market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
• Segmentation Analysis: Bio-succinic acid market size by type, application, and region in terms of value ($B).
• Regional Analysis: Bio-succinic acid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the bio-succinic acid market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bio-succinic acid market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bio-succinic acid market by type (fermentation process, enzymatic processes, genetically engineered microorganisms, and others), application (bioplastics, food and beverages, pharmaceuticals and cosmetics, solvents and chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?