Middle East and Africa Butyric Acid Market, By Type (Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings and Others), Country (Egypt, Israel, United Arab Emirates, Saudi Arabia, South Africa and Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Middle East and Africa Butyric Acid Market
Butyric acid market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.8% in the forecast period of 2020 to 2027 and is expected to reach USD 37,463.09 Thousand by 2027. Growing number of health benefits which are the factors for the market growth.
Middle East and Africa region has huge demand of butyric acid in various countries such as United Arab Emirates due to increasing demand for processed food due to changing lifestyle.
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.
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.
Middle East and Africa Butyric Acid Market Scope and Market Size
Middle East and Africa 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 Middle East and Africa, natural butyric acid is dominating due to the wide range of application in animal food and several other products.
- On the basis of derivatives, the butyric acid market is segmented into sodium butyrate, calcium butyrate and others. In Middle East and Africa, sodium butyrate is dominating as the sodium butyrate helps in supporting the digestive health of an individual.
- 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 Middle East and Africa, animal feed is dominating as it helps in posing the health risk which has enhanced the usage among individual.
Middle East and Africa Butyric Acid Market Country Level Analysis
Middle East and Africa butyric acid market is analysed and market size information is provided country, type, derivatives and application as referenced above.
The countries covered in Middle East and Africa butyric acid market report are Egypt, Israel, United Arab Emirates, Saudi Arabia, South Africa and Rest of Middle East and Africa.
United Arab Emirates is dominating in the Middle East and Africa butyric acid market because of the increasing demand of the processed food due to changing lifestyle and also due to the growing consumption of packaged food that boosts the requirement of butyric acid in the region.
The country section of the Middle East and Africa butyric acid market 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 North America 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.
Growing Demand of Butyric Acid for Chemical Production
Middle East and Africa 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 regulatory scenarios and their impact on the Middle East and Africa butyric acid market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Middle East and Africa Butyric Acid Market Share Analysis
Middle East and Africa 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 breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Middle East and Africa butyric acid market.
The major players covered in the Middle East and Africa Butyric acid market report are Eastman Chemical Company, Celanese Corporation, Kemin Industries, Inc., Merck KGaA, Tokyo Chemical Industry Co., Ltd. among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In June 2020, Celanese Corporation has signed an agreement of technology licensing for the acetic acid route to acrylic acid. The agreement helps in increasing the sales of the business and generates the revenue of the company in the market.
Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the butyric acid market which also provides the benefit for organisation to improve their offering for butyric acid.
SKU-