Bio-Succinic Acid Market Size and Outlook 2030

Report Description

Forecast Period	2026-2030
Market Size (2024)	USD 131.96 Million
CAGR (2025-2030)	4.54%
Fastest Growing Segment	Personal Care and Cosmetics
Largest Market	Europe
Market Size (2030)	USD 172.25 Million

Market Overview

The Global Bio-Succinic Acid Market, valued at USD 131.96 Million in 2024, is projected to experience a CAGR of 4.54% to reach USD 172.25 Million by 2030. Bio-succinic acid is a dicarboxylic acid derived from renewable biomass through fermentation, offering an environmentally conscious alternative to its petrochemical counterpart. The market's expansion is primarily driven by escalating demand for sustainable chemicals across diverse sectors and supportive environmental regulations promoting bio-based materials. This is evidenced by the broader bioplastics industry, where, according to European Bioplastics, global bioplastics production rose to 1.79 million tonnes in 2023 from 1.51 million tonnes in 2022, indicative of increased uptake for bio-based building blocks such as bio-succinic acid.

A significant impediment to market growth remains the inherent challenge of achieving cost competitiveness with petroleum-derived succinic acid. The intricate nature of some fermentation processes and the capital intensive requirements for large-scale biorefineries contribute to higher production costs, hindering broader market penetration.

Key Market Drivers

The global bio-succinic acid market is significantly influenced by two primary drivers: increasing demand for sustainable and eco-friendly products, and continuous advancements in fermentation technologies. The escalating consumer and industrial preference for materials with reduced environmental impact directly stimulates the market for bio-based alternatives like bio-succinic acid, which serves as a renewable building block. This broader shift towards a bio-based economy is underscored by substantial governmental and organizational commitments; for instance, according to the OECD, member countries invested USD 8.4 billion in bio-economy research and development during 2023, with chemical applications receiving substantial funding allocation. Such investments actively foster an environment conducive to the growth of the bio-succinic acid sector.

Further propelling market expansion are the ongoing technological breakthroughs in fermentation, which enhance production efficiency and cost-effectiveness of bio-succinic acid. The imperative to diminish reliance on petrochemicals, coupled with a growing emphasis on reducing carbon footprints, directly fuels the demand for sustainable chemical solutions. Reflecting this, according to the U. S. Department of Energy, in March 2024, significant investments were reported in renewable feedstock research, which plays a pivotal role in producing bio-based chemicals and supporting sustainability across industries. Concurrently, improvements in bioproduction methods are critical; according to MDPI, in November 2023, an article titled 'Recent Advancements and Strategies of Improving CO₂ Utilization Efficiency in Bio-Succinic Acid Production' detailed research where succinate-producing E. coli achieved a succinic acid titer of 68.12 g·L⁻¹ with a CO₂ fixation rate of 4.7 mmol·L⁻¹·h⁻¹, indicating notable progress in optimizing fermentation processes for higher yields and better carbon utilization. These technological advancements are crucial for making bio-succinic acid more competitive and accessible for diverse industrial applications.

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Key Market Challenges

The inherent challenge of achieving cost competitiveness with petroleum-derived succinic acid significantly hampers the growth of the Global Bio-Succinic Acid Market. The complex nature of fermentation processes and the substantial capital investment required for constructing and operating large-scale biorefineries contribute to elevated production costs for bio-succinic acid. This results in a higher market price compared to its conventional, petrochemical-derived counterpart. Industries prioritizing cost efficiency often select the more affordable fossil-based succinic acid, thereby limiting the adoption and market penetration of the bio-based alternative despite its environmental advantages.

This price disparity directly curtails the expansion potential of bio-succinic acid across various application sectors. According to the Organisation for Economic Co-operation and Development, member countries invested 8.4 billion US dollars in bio-economy research and development during 2023, with chemical applications receiving substantial funding. This investment, while significant for bio-economy advancements, also highlights the ongoing need for extensive research and development to achieve the cost reductions necessary for bio-succinic acid to compete effectively and realize broader market acceptance. Without overcoming this fundamental cost barrier, the market's growth remains constrained.

Key Market Trends

**Expanding Application Portfolio in Bioplastics and Bio-based Polymers**

This trend reflects the increasing integration of bio-succinic acid as a fundamental building block across a broader spectrum of bioplastics and bio-based polymers. Its versatility in imparting desired properties like biodegradability and improved performance meets escalating demand for sustainable materials in sectors such as packaging, automotive, and consumer goods. The continuous development of novel polymer formulations incorporating bio-succinic acid drives market growth. For instance, Novamont announced in January 2024 the expansion of its Mater-Bi bioplastics production capacities to meet rising demand for compostable and biodegradable materials. This demonstrates bio-succinic acid's direct impact in enabling advanced bio-based solutions. According to the Bio-based Industries Association, in its mid-2024 market update, the uptake of bio-based polymers in flexible packaging grew by 8.5% year-on-year, indicating broader market acceptance for sustainable material solutions.

**Increasing Diversification of Feedstock Sources**

The global bio-succinic acid market is significantly shaped by the increasing diversification of feedstock sources beyond traditional sugar-based inputs. This strategic shift is crucial for enhancing economic viability and environmental sustainability by ensuring raw material security and reducing production costs. Utilizing a wider array of renewable resources, including non-food cellulosic biomass, agricultural residues, and industrial by-products, mitigates supply chain risks and reduces reliance on specific commodity crops. Research published in *Biotechnology for Biofuels and Bioproducts* in July 2024 detailed advancements in optimizing *Yarrowia lipolytica* strains for efficient succinic acid production from crude glycerol, a byproduct of biodiesel manufacturing. This development illustrates the industry's commitment to leveraging waste streams and abundant alternative feedstocks. The Renewable Chemicals Alliance reported in its 2023 annual statistics that the volume of biochemicals produced from non-food agricultural waste streams increased by 6.2% compared to the previous year, reflecting a tangible shift towards feedstock diversification.

Segmental Insights

The Personal Care and Cosmetics segment is a key growth driver in the Global Bio-Succinic Acid Market, experiencing rapid expansion due to a confluence of factors. This accelerated growth is primarily attributed to escalating consumer demand for sustainable and naturally derived ingredients in personal care products, alongside increasing regulatory emphasis on eco-friendly alternatives to petrochemicals. Bio-succinic acid, derived from renewable resources, offers a versatile, bio-based solution acting as a pH regulator, emulsifier, and humectant in formulations, enhancing product performance while aligning with environmental objectives. Industry bodies, such as the Personal Care Products Council, advocate for safe and sustainable ingredients, further encouraging the adoption of bio-succinic acid across various cosmetic applications.

Regional Insights

Europe leads the global bio-succinic acid market due to its robust commitment to sustainability and stringent environmental regulations. The region's regulatory frameworks, such as the EU Green Deal, actively promote the adoption of renewable, bio-based chemicals and discourage petrochemical-derived alternatives, fostering significant demand across various sectors. Furthermore, Europe benefits from a well-established bio-manufacturing infrastructure and the presence of major bio-succinic acid producers, which collectively support market expansion and innovation. This strong emphasis on reducing carbon footprints and a growing consumer preference for eco-friendly products further solidify Europe's prominent position in the market.

Recent Developments

In September 2025, Mitsubishi Chemical Group participated in the Circular Economy Research Lab at Expo 2025 Osaka, Kansai, Japan. The company showcased various initiatives focused on connecting the plastics value loop. This included highlighting advancements in chemical recycling of acrylic resin and demonstrating efforts to promote a circular economy through innovative materials. This participation underscores Mitsubishi Chemical Group's commitment to developing and integrating sustainable solutions within the broader plastics industry, a sector where bio-succinic acid plays a role as a bio-based building block.

In November 2024, BASF inaugurated a new production line for water-based dispersions in Heerenveen, the Netherlands. This expansion was designed to increase capacity and support the growth of strategically important products for sustainable solutions. The new line enables BASF to expand its offering of bio-based products within the printing, packaging, and coatings industries, addressing increasing consumer demand for environmentally friendly materials and contributing to a shift towards more sustainable value chains.

In July 2024, Roquette unveiled its global sustainable development program, "life+nature," aimed at strengthening its commitment to sustainability by 2030. The program emphasizes decarbonization, integrating eco-design into its product offerings, and fostering a more sustainable portfolio. Within this initiative, Roquette highlighted the application of its bio-based succinic acid, Biosuccinium®, in products like disposable cutlery (made from PBS), demonstrating the company's efforts to enhance the environmental profile of its materials and respond to increasing demand for sustainable solutions.

In April 2024, BASF expanded its sustainable North American plasticizer portfolio with ISCC PLUS certification. The company began offering biomass-balanced and Ccycled grades of its plasticizers from production sites in Pasadena, Texas, and Cornwall, Ontario. This initiative, which includes products certified under the International Sustainability and Carbon Certification (ISCC) PLUS scheme, directly supports the demand for bio-based solutions in various applications, including those where bio-succinic acid serves as a crucial building block for sustainable plasticizers.

Key Market Players

BASF SE
Roquette Frères SA
Koninklijke DSM N.V.
BioAmber Inc.
Myriant Corporation
Kawasaki Kasei Chemicals Ltd
Mitsui & Co., Ltd
Corbion N.V.
Nippon Shokubai Co., Ltd.
Mitsubishi Chemical Group Corporation

By Application	By End User	By Region
BDO Polyester Polyols Plasticizers PBS/PBST Alkyd Resins Polymers and Esters Solvents and Coatings Others	Food and Beverages Pharmaceuticals Personal Care and Cosmetics Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Bio-Succinic Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bio-Succinic Acid Market, By Application:

o BDO

o Polyester Polyols

o Plasticizers

o PBS/PBST

o Alkyd Resins

o Polymers and Esters

o Solvents and Coatings

o Others

Bio-Succinic Acid Market, By End User:

o Food and Beverages

o Pharmaceuticals

o Personal Care and Cosmetics

o Others

Bio-Succinic Acid Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Bio-Succinic Acid Market.

Available Customizations:

Global Bio-Succinic Acid Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Bio-Succinic Acid Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Bio-Succinic Acid Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Application (BDO, Polyester Polyols, Plasticizers, PBS/PBST, Alkyd Resins, Polymers and Esters, Solvents and Coatings, Others)

5.2.2. By End User (Food and Beverages, Pharmaceuticals, Personal Care and Cosmetics, Others)

5.2.3. By Region

5.2.4. By Company (2024)

5.3. Market Map

6. North America Bio-Succinic Acid Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Application

6.2.2. By End User

6.2.3. By Country

6.3. North America: Country Analysis

6.3.1. United States Bio-Succinic Acid Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Application

6.3.1.2.2. By End User

6.3.2. Canada Bio-Succinic Acid Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Application

6.3.2.2.2. By End User

6.3.3. Mexico Bio-Succinic Acid Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Application

6.3.3.2.2. By End User

7. Europe Bio-Succinic Acid Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Application

7.2.2. By End User

7.2.3. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Bio-Succinic Acid Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Application

7.3.1.2.2. By End User

7.3.2. France Bio-Succinic Acid Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Application

7.3.2.2.2. By End User

7.3.3. United Kingdom Bio-Succinic Acid Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Application

7.3.3.2.2. By End User

7.3.4. Italy Bio-Succinic Acid Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Application

7.3.4.2.2. By End User

7.3.5. Spain Bio-Succinic Acid Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Application

7.3.5.2.2. By End User

8. Asia Pacific Bio-Succinic Acid Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Application

8.2.2. By End User

8.2.3. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Bio-Succinic Acid Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Application

8.3.1.2.2. By End User

8.3.2. India Bio-Succinic Acid Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Application

8.3.2.2.2. By End User

8.3.3. Japan Bio-Succinic Acid Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Application

8.3.3.2.2. By End User

8.3.4. South Korea Bio-Succinic Acid Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Application

8.3.4.2.2. By End User

8.3.5. Australia Bio-Succinic Acid Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Application

8.3.5.2.2. By End User

9. Middle East & Africa Bio-Succinic Acid Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Application

9.2.2. By End User

9.2.3. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Bio-Succinic Acid Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Application

9.3.1.2.2. By End User

9.3.2. UAE Bio-Succinic Acid Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Application

9.3.2.2.2. By End User

9.3.3. South Africa Bio-Succinic Acid Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Application

9.3.3.2.2. By End User

10. South America Bio-Succinic Acid Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Application

10.2.2. By End User

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Bio-Succinic Acid Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Application

10.3.1.2.2. By End User

10.3.2. Colombia Bio-Succinic Acid Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Application

10.3.2.2.2. By End User

10.3.3. Argentina Bio-Succinic Acid Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Application

10.3.3.2.2. By End User

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Bio-Succinic Acid Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. BASF SE

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Roquette Frères SA

15.3. Koninklijke DSM N.V.

15.4. BioAmber Inc.

15.5. Myriant Corporation

15.6. Kawasaki Kasei Chemicals Ltd

15.7. Mitsui & Co., Ltd

15.8. Corbion N.V.

15.9. Nippon Shokubai Co., Ltd.

15.10. Mitsubishi Chemical Group Corporation

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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