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| Aspect | Details |
|---|---|
| Chemical Name | 2-Hydroxybutanoic Acid |
| Molecular Formula | C4H8O3 |
| Molecular Weight | 104.10 g/mol |
| Main Applications | Food and Beverage Industry, Cosmetics, Pharmaceuticals |
| Key Benefits | Natural preservative, pH regulator, skin conditioning agent |
| Regulatory Status | Generally Recognized as Safe (GRAS) |
| Projected Market Growth | 8% CAGR from 2023 to 2025 |
| Challenges | Sourcing raw materials, regulatory compliance |
| Expert Insights | Industry experts predict a rise in demand across multiple sectors, emphasizing sustainable sourcing. |