Bio-Succinic Acid Market by Raw Material Source, End Use Industry, Manufacturing Process & Global Forecast, 2025 – 2034

Bio-Succinic Acid Market Size

The global bio-succinic acid market size was estimated at USD 138.3 million in 2024 and is estimated to grow at 11% CAGR from 2025 to 2034. As the demand for bio-based chemical products and sustainable alternatives increases, the market has seen steady development over the past few years.
 

The shift in moving away from petroleum-based succinic acid toward bio-succinic acid has largely been on account of consumer preference for sustainable and green products. Additionally, government regulations towards promoting eco-friendly and biodegradable products have further aided market growth.
 

The market is growing largely due to increased effort toward commercialization and industrial applications. Rise in production of bio-based polymers, particularly polybutylene succinate (PBS) and other biodegradable plastics has fast-tracked the rate of market penetration.
 

According to Statista Consumer Insights, consumers around the world are painfully aware of the need for more environmentally friendly packaging. The survey, conducted in 8 countries, found that eco-friendly, e.g. recyclable, non-plastic or minimal packaging is among the most widely recognized levels for more sustainable consumption, topping the list in 5 out of 8 countries. 
 

Bio-Succinic Acid Market Trends

• Bio-based chemical shift: The growing demand for bio-based chemicals, such as bio-succinic acid, mainly stems from stringent environmental regulations and a growing emphasis on sustainability initiatives.
   

Initiatives like the EU Green Deal and the U.S. BioPreferred Program are putting industries on the path of developing biobased alternatives. For example, the EU has pledges to cut carbon emissions by 55% by 2030 which would hasten the transition to bio-succinic acid in the place of petrochemical succinic acid.
 

• Increasing Use in Bioplastics and Polymers: Bio-succinic acid represents a crucial raw material for bio-based polymers such as polybutylene succinate (PBS), which is increasingly integrated into biodegradable plastics.
   

By 2030, it is expected that bioplastics will account for a 40% share of the global plastics market, PBS will play a major role. As a result, the demand for bio-succinic acid increased rapidly in this sector due to bans imposed by several countries like India and Canada from single-use plastic combined with many states in the USA.
 

• Increased Usage in the Personal Care & Cosmetics Sector: The effect of consumers shifting to more sustainable and going green personal care products promotes an increasing tendency to use bio-succinic acid in surfactants, emollients, and pH regulators.

The global natural cosmetics market was valued at USD 14.83 billion in 2025 and is projected to experience an annual growth rate of 5.75%.  Natural cosmetic products trigger the increased demand of bio-based ingredients, like bio-succinic acid.
 

• Growth in Pharmaceutical Sector: The pharmaceutical industry is turning towards bio-succinic acid for its application as an excipient in various drug formulations. Bio-succinic acid consumption is expected to rise with increasing demand for green chemistry practices in drug development.
   

Tariff Impact

?As one of the primary aspects of a global tariff regimen set to be instituted by the Trump administration by 2025, these tariffs are likely to have great impacts on the bio-succinic acid market in general and on producers based in the U.S. and international trade relationships. Tariffs targeting such a vast spectrum of imported chemicals are expected to increase production costs for U.S. manufacturers relying on imported raw materials; thus, reducing their competitiveness in the global market. It may lead to a shrinking of the U.S. market share, thereby creating an opportunity for international producers to expand their footprint.
 

On the contrary, those countries that have gross bio-succinic acid industries in tandem with regulatory support are considered as strong contenders for the new market. European firms may have a more favorable push under strict regulatory frameworks in environmental issues, and these might result in greater demand for bio-based products among European consumers. The Asia-pacific player, especially China and India, will benefit similarly from cheaper production capabilities and growing domestic markets.
 

Thus, while the tariffs may discourage U.S. producers, they may also hasten the transition of the world to environment-friendly chemicals and, therefore, spur innovation and growth in the market worldwide.
 

Bio-Succinic Acid Market Analysis

In 2024, bio-succinic acid based on raw material source is segmented into corn-based, sugarcane-based, cassava-based, lignocellulosic biomass (wood, agricultural waste, etc.), and others (algae, microbial fermentation, etc.). This market value is accounted for USD 138.3 million in 2024 and anticipated to rise till staggering value of USD 386.6 million till 2034. Among which corn-based segment accounted for 38.4% of total market.
 

• Corn-based segment is the most widely used and highly carbohydrate-rich substrate for fermentation-based value production. This corn-based bio-succinic acid segment is expected to maintain steady growth due to consistent investment in bio-based chemicals.
   
• Fluctuations in corn costs and supply severely affect the production cost, and the major challenge attached to this market is the instability of this market. For example, the U.S. corn supply declines by 5% in 2023 because of bad weather conditions, which directly affects the bio-based chemical manufacturing cost.
   

In 2024, the bio-succinic acid market in end-use industry is primarily segmented into automotive & transportation, packaging industry, textile industry, construction & infrastructure, consumer goods, healthcare & pharmaceuticals, agriculture, and energy sector. Which is dominated by automotive & transportation segment, holding a significant 26.76% market share, followed by packaging industry.
 

• Bio-succinic acid is gaining traction in the automotive sector for producing biodegradable polymers and coatings, which lessens the dependency on petroleum-based materials.
   
• BASF and Mitsubishi Chemical are among the companies investing in bio-based resins to produce lightweight and fuel-efficient vehicles. Applicability of bio-succinic acid is accelerated in food packaging due to the EU directive related to single-used plastics.
   

In 2024, the bio-succinic acid market from manufacturing process segment is highly concentrated on fermentation-based production process, holding 48.68% of the market share.
 

• Fermentation is the leading method for bio-succinic acid production, it is cost-effective and offers the opportunity to use renewable feedstocks. Direct synthesis out of glucose and sugars is more emerging because of the high yield under controlled environments.
   
• Chemical catalysis is efficient, but it has problems concerning the catalyst cost and environmental issues. The hybrid process, combining fermentation and catalysis, is becoming a novel method to improve efficiency and scalability for production, which is a compromise between cost and sustainability.
   

The U.S. has the main market for bio-succinic acid, with government incentives directed towards bio-based chemicals and increasing industrial use. The country produced a very big quantity of bio-succinic acid in the world. The U.S. leads the global bio-succinic acid market, holding 16.18% share of the market which estimates to USD 22.38 million in 2024 and anticipated to rise till USD 64.95 million by 2034.
 

• The most prominent ones are Germany, France, and the Netherlands in adopting bio-succinic acid applications among other EU markets. The approaches further develop several bio-refineries within their operational services in responding to intensive demand in the packaging and pharmaceuticals sectors.
   
• Whereas in Asia-Pacific, countries like China, Japan, and India are fast catching up with bio-succinic acid due to rapid industrial development and government incentives favoring bio-based chemicals, bio-refinery investments, and breakthroughs into affordable production technologies are countering stagnant market growth. The booming automotive and construction industries are also contributing to the demand for bio-succinic acid in sustainable applications.
   

Bio-Succinic Acid Market Share

The competitive environment in the bio-succinic acid industry is driven by the key players such as BASF SE, Roquette Frères, Myriant Corporation, Kawasaki Kasei Chemicals, and Mitsui & Co., Ltd., operating with different strategies to consolidate their positions in the market. These companies collectively push innovations in bio-based chemicals, focusing on sustainability, cost-effectiveness, and enhancing their capacities which are needed to satisfy increasing demand globally.
 

• BASF SE, being one of the leading companies in this respective field, has developed bio-based succinic acid through fermentation using the microorganism Basfia succiniciproducens. Together with Corbion, BASF set up a joint venture under the name Succinity that began commercial production of bio-based succinic acid in 2014 from a plant located in Montmélo, Spain. The plant's annual production capacity is 10,000 metric tons.
   
• Roquette Frères BIOSUCCINIUM, is a 100% bio-based succinic acid obtained from renewable plant-based resources by a low pH yeast process. This sustainable alternative to fossil-based chemicals is used in several applications, including packaging, coatings, and polymer modifications.
   
• Through strategic partnership formations and investments, Mitsui & Co., Ltd. had engaged in the bio-succinic acid market. It partnered with BioAmber Inc. to establish a joint venture to produce cost-competitive bio-succinic acid from renewable biomass materials, thereby mitigating environmental impacts in comparison to petroleum production. Mitsui's participation highlights its commitment to green and biochemical ventures, which fits into the paradigm of global sustainability. ?
   

Bio-Succinic Acid Market Companies

The bio-succinic acid industry encompasses numerous significant and prominent players applying diverse strategies to expand their market presence and offering values for environment-friendly chemical solutions.
 

• BASF SE incorporates bio-based solutions into its chemical portfolio by employing advanced fermentation technologies for sustainable production of succinic acid. The company focuses strongly on circular economy initiatives and alliance formations in green chemistry, which spearheads its stronger position in the market.
   
• Kawasaki Kasei Chemicals is in the field of specialty chemicals development and production. The company has been engaged in producing bio-based succinic acid, capitalizing on its knowledge in the manufacturing of chemicals for its contribution to sustainable products.
   
• Mitsui & Co., Ltd. has strong entry into the bio-succinic acid market through strategic partnerships and investments. The company joined hands with other industry players to enhance their capacity to produce and meet the increasing global demand for sustainable chemical solutions.
   
• A part of Reverdia, the former joint company of DSM and Roquette; Reverdia was set to manufacture and market BIOSUCCINIUM sustainable succinic acid. The company laid the first bio-succinic-acid production plant in the world in Cassano Spinola, Italy, which utilizes patented low-pH yeast technology to yield high-quality and eco-friendly succinic acid.
   
• Corbion N.V. complements bio-based succinic acid's advantage in food packaging and coatings, leveraging its expertise in lactic acid-based biochemicals. Competitive strength is offered through research and development in biodegradable materials.
   
• Nippon Shokubai's involvement in bio-based chemicals pursues sustainable polymers and smart coatings, spurred by regulatory pressures for greener materials.
   

Bio-Succinic Acid Industry News

• In December 2022, The Mitsubishi Chemical Group, a specialty materials group, partnered with Chukyo Yushi Co., Ltd., a manufacturer of processing aids and additives, to develop a biodegradable/compostable dispersion solution using its plant-derived biodegradable/compostable polymer BioPBS, which comprises a succinic acid obtained from natural resources and 1,4-butanediol.
   
• In August 2022, Technip Energies, a leading Engineering & Technology company, acquired DSM's Biosuccinium Technology, to produce bio-sourced and fully biodegradable polymers. This method works with patented bio-polymer technologies to produce a commercially referenced bio-based Succinic Acid (bio-SAc) used as a feedstock in manufacturing polybutylene succinate.
   
• In June 2022, NIPPON SHOKUBAI CO., LTD. increased the prices of succinic acid by USD 0.5/kg (JPY 50/kg).
   
• In February 2022 Bio MADE, or the Bioindustrial Manufacturing and Design Ecosystem, is presently offering federal funds of USD 5.8 million to 16 innovative projects intending to enhance the bio-industrial manufacturing capabilities, knowledge, and workforce in the US. Moreover, these projects also boost the ecosystem by leveraging the non-federal cost-share of an extra USD 6.3 million.
   
• 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.
   

The bio-succinic acid market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion from 2021 – 2034 for the following segments:

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Market, By Raw Material Source

• Corn-based
• Sugarcane-based
• Cassava-based
• Lignocellulosic biomass (wood, agricultural waste, etc.)
• Others (algae, microbial fermentation, etc.)

Market, By End Use Industry

• Automotive & transportation
• Packaging industry
• Textile industry
• Construction & infrastructure
• Consumer goods
• Healthcare & pharmaceuticals
• Agriculture
• Energy sector

Market, By Manufacturing Process

• Fermentation-based production
• Direct synthesis from glucose & sugars
• Chemical catalysis
• Hybrid process (combination of fermentation & catalysis)

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE