Butyric Acid Market – Industry Trends and
Forecast to 2027 With Key Players Celanese Corporation, Thermo Fisher
Scientific Inc., Axxence Aromatic GmbH, Augustus Oils Ltd., Ennolys, Kemin
Industries, Inc., OXEA GmbH, Perstorp Holding AB, Treatt Plc, Merck KGaA, Tokyo
Chemical Industry Co.
Butyric
acid market is expected to gain market growth in the forecast period of 2021
to 2027. the market is growing at a CAGR of 8.3% in the forecast period of 2021
to 2027and expected to reach USD 171,385.68 Thousand by 2027. Growing demand of
animal feed which increase the demand of butyric acid are the factors for the
market growth.
The major factors for the consumption of
the fast processing food are raising interest towards the healthy food, organic
food and demand of the seasonal food that are making their usage and
application and are expected to drive the butyric acid market in the future.
Butyric acid coming from natural products also includes animal which requires
high maintenance of the livestock to generate ample amount of milk for cheese,
butter and other dairy products, therefore, high dependency on the agricultural
products can restrain the butyric acid market.
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It is essential to maintain a proper diet
for the animal feed that helps in gaining muscle and providing better
health condition to meet the rising demand of the meat, egg and dairy products
leading to an increasing opportunity for the butyric acid market to grow. The
labors and researchers working in the manufacturing industry have high chances
of getting exposed to the toxicity of butyric acid that leads to severe skin
problems acting as a challenge for the butyric acid market to grow.
This butyric acid market report provides
details of market share, new developments, and product pipeline analysis,
impact of domestic and localised market players, analyses opportunities in
terms of emerging revenue pockets, changes in market regulations, product approvals,
strategic decisions, product launches, geographic expansions, and technological
innovations in the market. To understand the analysis and the market scenario
contact us for an Analyst Brief, our team will help you create a revenue impact
solution to achieve your desired goal.
Europe butyric acid market is segmented
on the basis of type, derivatives and application. The growth among segments
helps you analyse niche pockets of growth and strategies to approach the market
and determine your core application areas and the difference in your target
markets.
On the basis of type, the butyric acid
market is segmented into synthetic butyric acid and natural butyric acid. In 2021,
natural butyric acid is dominating the market because of the easy processing
techniques in the market.
On the basis of derivatives, the butyric
acid market is segmented into sodium butyrate, calcium butyrate and others. In 2021,
sodium butyrate is dominating the market because of growing application in
animal feed.
On the basis of application, the butyric
acid market is segmented into animal feed, chemical intermediate, food and
flavors, pharmaceuticals, inks, paints and coatings, perfumes and others. In 2021,
animal feed is dominating the market because of the growing health benefits
which maintains health of animals.
Butyric Acid Market Country
Level Analysis
Europe
butyric acid market is analysed and market size information is provided by
country, type, derivatives and application as referenced above.
The countries covered in Europe butyric
acid market report are Germany, France, U.K., Italy, Russia, Spain,
Switzerland, Netherlands, Turkey, Belgium and Rest of Europe.
Europe region is dominating in various
countries such as Germany and France to increasing health benefits
and increasing demand for animal feed which boosts the demand of butyric acid.
The country section of the report also
provides individual market impacting factors and changes in regulation in the
market domestically that impacts the current and future trends of the market.
Data points such as new sales, replacement sales, country demographics,
regulatory acts and import-export tariffs are some of the major pointers used
to forecast the market scenario for individual countries. Also, presence and
availability of brands and their challenges faced due to large or scarce
competition from local and domestic brands, impact of sales channels are
considered while providing forecast analysis of the country data.
Increasing Demand of Butyric
Acid for Chemical Production
Europe butyric acid market also provides
you with detailed market analysis for every country growth in installed base of
different kind of products for butyric acid market, impact of technology using
life line curves and changes in infant formula regulatory scenarios and their
impact on the butyric acid market. The data is available for historic period
2010 to 2018.
Competitive Landscape
and Butyric Acid Market Share Analysis
Europe butyric acid market competitive
landscape provides details by competitor. Details included are company
overview, company financials, revenue generated, market potential, investment
in research and development, new market initiatives, global presence,
production sites and facilities, company strengths and weaknesses, product
launch, clinical trials pipelines, brand analysis, product approvals, patents,
product width and breath, application dominance, technology lifeline curve. The
above data points provided are only related to the company’s focus related to
Europe butyric acid market.
The major players covered in the report
are Green Biologics Limited, Eastman Chemical Company, Celanese Corporation,
Thermo Fisher Scientific Inc., Axxence Aromatic GmbH, Augustus Oils Ltd.,
Ennolys (A Subsidiary of Lesaffre Group), ELiE Health Solutions, Kemin
Industries, Inc., OXEA GmbH, Perstorp Holding AB, Treatt Plc, Merck KGaA, Tokyo
Chemical Industry Co., Ltd.among other players. DBMR analysts understand
competitive strengths and provide competitive analysis for each competitor
separately.
For instance,
In June 2021, Eastman Chemical Company
had received the Project of the Year award due to its recycling innovation. The
award helps the company to increase their production line and generates revenue
of the business in the future.
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Reasons for
Buying this Report
This report provides pin-point analysis
for changing competitive dynamics
It provides a forward looking
perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed
on the basis of how the market is predicted to grow
It helps in understanding the key
product segments and their future
It provides pin point analysis of
changing competition dynamics and keeps you ahead of competitors
It helps in making informed business
decisions by having complete insights of market and by making in-depth analysis
of market segments
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