Butyric Acid Market
Butyric Acid Market Forecasts to 2028 - Global Analysis By Type (Renewable and Synthetic), Derivatives (Calcium butyrate, Sodium butyrate, and Other Derivatives), Application (Food & Flavors, Animal Feed, Other Applications), End User and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $317.0 BN |
|
Projected Year Value (2028) |
US $599.36 BN |
|
CAGR (2022 - 2028) |
11.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Europe |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Butyric Acid Market is accounted for $317.0 billion in 2022 and is expected to reach $599.36 billion by 2028 growing at a CAGR of 11.2% during the forecast period. Butyric acid is a carboxylic acid that is frequently present in plant oils and animal fats in its esterifies form. It is also known by the chemical names butanoic acid and n-Butyric acid. A colourless liquid with a strong, overpowering odour is butyric acid. It has a buttery flavour and is a flavouring ingredient in food production. In ethanol, ether, and water, butyric acid is soluble. When handling butyric acid, safety precautions include the wearing of protective eyewear, gloves made of PVC or rubber, and shoes resistant to chemicals because it is highly corrosive to metals and tissue. Butyric acid is often made by fermenting starch or sugar for industrial uses.
According to the research paper PepsiCo. Tyson Foods and Nestle are the top three companies operating in U.S. food & beverage market. The companies generated approximately US$204.8 Billion in revenue in 2019. According to U.S. Poultry and Egg Association, about 16,585 certified organic farms are there in the United States. They also mention that the value of broilers produced in the USA during 2020 was $21.7 billion. According to the India Brand Equity Foundation, The Indian pharmaceutical industry includes a network of 3,000 drug companies and 10,500 manufacturing units. In the Union Budget 2021-22 the Ministry of Health and Family Welfare has been allocated Rs. 73,932 crores (US$10.04 Billion) and the Department of Health Research is allocated Rs. 2,663 crores (US$361.8 Million).
Market Dynamics:
Driver:
High demand from animal feed
Animal feed sometimes uses butyric acid as a raw ingredient, particularly for pigs and fowl. Due to its distinct characteristics, it stands out among the short-chain fatty acids. Additionally, butyric acid increases the efficiency of food digestion and increases resistance to colonisation by promoting the release of enzymes and stabilising the microbiota. As a result, butyric acid is a common feed ingredient for young animals all over the world and growth performance has increased, especially under less than ideal conditions.
Restraint:
Fluctuation in raw materials
The market's expansion is anticipated to be hampered by fluctuating raw material prices and the health risks they bring. Players including raw material price fluctuations, health hazards linked with them, and the offensive smell of butyric acid acts as market barriers.
Opportunity:
Growing demand from the pharmaceutical industry
The pharmaceutical sector is significant to the economy of both developed and developing countries. The market for butyric acid is expanding as a result of shifting consumer eating patterns and an increase in gastrointestinal and irritable bowel syndrome-related health problems. Facts presented by the IQVIA Institute for Human Data Science indicate that the Chinese pharmaceutical business has experienced rapid expansion in recent years.
Threat:
Health Hazards associated with butyric acid
Several businesses, including the food and beverage, pharmaceutical, and personal care sectors, use butyric acid as one of their common constituents. Numerous butyrate esters are made using butyric acid. Several health risks are brought on by the acid. Butyric acid inhalation can irritate the lungs, throat, and nose. When the acid comes into close contact with the skin, burns occur. When handling butyric acid, the employees are provided with protective gear such as gloves, protective clothing, and eye and face shields.
Covid-19 Impact
Due to lockdowns, travel bans, and business closures, the COVID-19 pandemic has had a negative impact on economies and businesses in many different countries. Due to value chain disruptions brought on by the closing of domestic and international borders in 2020, a number of sectors had to scale back their operations, which in turn reduced the demand for butyric acid. Price volatility in the raw materials needed to make butyric acid was brought on by the COVID-19 epidemic. Due to low demand from several downstream industries, including food flavours, food scents, and chemical intermediates, the amount of butyric acid consumed globally decreased.
The food & beverage segment is expected to be the largest during the forecast period
The food & beverage segment is estimated to have a lucrative growth, due to the expansion for butyric acid is being driven by consumers' preference for bio-based products. Bio-based butyric acid is created using natural materials like sugar, corn husk, and other organic sources. The market expansion for the bio-based is being aided by the simple accessibility and low cost of these raw materials. Bio-based butyric acids are being used by the food and beverage sector to produce flavouring agents, animal feed, and food additives, among other things.
The animal feed segment is expected to have the highest CAGR during the forecast period
The animal feed segment is expected to witness the fastest CAGR growth during the forecast period, due to glycerin esters and various butyrate salts both require glycerin as a source. Products containing butyric acid give animals a proper diet, enhance health, and aid in their faster growth. The market for butyric acid is experiencing strong demand due to the rising occurrence of infectious illnesses in animals. The market for animal feedstock is being driven by shifting dietary trends as well as an increase in the consumption of chicken and beef around the world. China consumes around 28% of the world's meat, citing the Global Time story. The cattle, poultry, and aquaculture sectors employ the butyric acid derivatives as a supplement in their diet.
Region with highest share:
Europe is anticipated to hold the largest market share during the forecast period owing to the demand for butyric acid is rising due to the increased health advantages and rising need for animal feed. The geographical part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Data points including import-export taxes, regulatory laws, country demographics, and new sales and replacement sales are some of the key indicators utilised to anticipate the market environment for certain countries.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the region's rapidly expanding food and beverage industry. The growth of the market in the region is being driven by the presence of developed countries like the United States and Canada. The need for butyric acids is being driven by the presence of major food and beverage corporations including Nestle, Tyson Foods, PepsiCo, Coca-Cola, STARBUCKS CORP, and others.
Key players in the market
Some of the key players profiled in the Butyric Acid Market include Kemin Industries, Inc, Snowco, Eastman Chemical Company, Perstorp, Hefei TNJ Chemical Industry Co.,Ltd, Yufeng International Group Co., Ltd., Sisco Research Laboratories Pvt. Ltd., RX Chemicals, Spectrum Chemical, OQ Chemicals GmbH, Palital Feed Additives B.V., Tokyo Chemical Industry Co., Ltd., Shanghai Kayi Chemical Co., Ltd., Thermo Fisher Scientific, Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
Key Developments:
In April 2021, Eastman Chemical Company acquired 3F Feed & Food, a European pioneer in the technological and commercial advancement of additives for animal feed and human food.
In July 2020, Kemin Industries has acquired a US patent application to manage African Swine Fever Virus (ASFv) in feed and feed ingredients employing Sal CURB Liquid Antimicrobial, a global disease control product produced by Kemin Industries.
In July 2020, Evonik and Swedish manufacturer, Perstorp, expanded the sales and distribution of ProPhorce SR 130 to the Indian subcontinent (India, Nepal, Sri Lanka, Bangladesh, and Pakistan). ProPhorce SR 130 is a butyric acid product that is a safe, easy to handle, and cost-efficient solution for in-feed application in livestock management.
Types Covered:
• Renewable
• Synthetic
Derivatives Covered:
• Calcium butyrate
• Sodium butyrate
• Magnesium butyrate
• Potassium butyrate
• Other Derivatives
Applications Covered:
• Food & Flavors
• Animal Feed
• Human Dietary Supplements
• Chemical Intermediates
• Pharmaceuticals
• Biofuel
• Cosmetic
• Leather Tanning
• Perfumes
• Plasticizer
• Other Applications
End Users Covered:
• Chemical Industries
• Personal Care
• Paints & Coatings
• Food & Beverage
• Agriculture
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Butyric Acid Market, By Type
5.1 Introduction
5.2 Renewable
5.3 Synthetic
6 Global Butyric Acid Market, By Derivatives
6.1 Introduction
6.2 Calcium butyrate
6.3 Sodium butyrate
6.4 Magnesium butyrate
6.5 Potassium butyrate
6.6 Other Derivatives
7 Global Butyric Acid Market, By Application
7.1 Introduction
7.2 Food & Flavors
7.3 Animal Feed
7.4 Human Dietary Supplements
7.5 Chemical Intermediates
7.6 Pharmaceuticals
7.7 Biofuel
7.8 Cosmetic
7.9 Leather Tanning
7.10 Perfumes
7.11 Plasticizer
7.12 Other Applications
8 Global Butyric Acid Market, By End User
8.1 Introduction
8.2 Chemical Industries
8.3 Personal Care
8.4 Paints & Coatings
8.5 Food & Beverage
8.6 Agriculture
8.7 Other End Users
9 Global Butyric Acid Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Kemin Industries, Inc.
11.2 Snowco
11.3 Eastman Chemical Company
11.4 Perstorp
11.5 Hefei TNJ Chemical Industry Co.,Ltd
11.6 Yufeng International Group Co., Ltd.
11.7 Sisco Research Laboratories Pvt. Ltd.
11.8 RX Chemicals
11.9 Spectrum Chemical
11.10 OQ Chemicals GmbH
11.11 Palital Feed Additives B.V.
11.12 Tokyo Chemical Industry Co., Ltd.
11.13 Shanghai Kayi Chemical Co., Ltd.
11.14 Thermo Fisher Scientific
11.15 Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
List of Tables
1 Global Butyric Acid Market Outlook, By Region (2020-2028) ($MN)
2 Global Butyric Acid Market Outlook, By Type (2020-2028) ($MN)
3 Global Butyric Acid Market Outlook, By Renewable (2020-2028) ($MN)
4 Global Butyric Acid Market Outlook, By Synthetic (2020-2028) ($MN)
5 Global Butyric Acid Market Outlook, By Derivatives (2020-2028) ($MN)
6 Global Butyric Acid Market Outlook, By Calcium butyrate (2020-2028) ($MN)
7 Global Butyric Acid Market Outlook, By Sodium butyrate (2020-2028) ($MN)
8 Global Butyric Acid Market Outlook, By Magnesium butyrate (2020-2028) ($MN)
9 Global Butyric Acid Market Outlook, By Potassium butyrate (2020-2028) ($MN)
10 Global Butyric Acid Market Outlook, By Other Derivatives (2020-2028) ($MN)
11 Global Butyric Acid Market Outlook, By Application (2020-2028) ($MN)
12 Global Butyric Acid Market Outlook, By Food & Flavors (2020-2028) ($MN)
13 Global Butyric Acid Market Outlook, By Animal Feed (2020-2028) ($MN)
14 Global Butyric Acid Market Outlook, By Human Dietary Supplements (2020-2028) ($MN)
15 Global Butyric Acid Market Outlook, By Chemical Intermediates (2020-2028) ($MN)
16 Global Butyric Acid Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
17 Global Butyric Acid Market Outlook, By Biofuel (2020-2028) ($MN)
18 Global Butyric Acid Market Outlook, By Cosmetic (2020-2028) ($MN)
19 Global Butyric Acid Market Outlook, By Leather Tanning (2020-2028) ($MN)
20 Global Butyric Acid Market Outlook, By Perfumes (2020-2028) ($MN)
21 Global Butyric Acid Market Outlook, By Plasticizer (2020-2028) ($MN)
22 Global Butyric Acid Market Outlook, By Other Applications (2020-2028) ($MN)
23 Global Butyric Acid Market Outlook, By End User (2020-2028) ($MN)
24 Global Butyric Acid Market Outlook, By Chemical Industries (2020-2028) ($MN)
25 Global Butyric Acid Market Outlook, By Personal Care (2020-2028) ($MN)
26 Global Butyric Acid Market Outlook, By Paints & Coatings (2020-2028) ($MN)
27 Global Butyric Acid Market Outlook, By Food & Beverage (2020-2028) ($MN)
28 Global Butyric Acid Market Outlook, By Agriculture (2020-2028) ($MN)
29 Global Butyric Acid Market Outlook, By Other End Users (2020-2028) ($MN)
30 North America Butyric Acid Market Outlook, By Country (2020-2028) ($MN)
31 North America Butyric Acid Market Outlook, By Type (2020-2028) ($MN)
32 North America Butyric Acid Market Outlook, By Renewable (2020-2028) ($MN)
33 North America Butyric Acid Market Outlook, By Synthetic (2020-2028) ($MN)
34 North America Butyric Acid Market Outlook, By Derivatives (2020-2028) ($MN)
35 North America Butyric Acid Market Outlook, By Calcium butyrate (2020-2028) ($MN)
36 North America Butyric Acid Market Outlook, By Sodium butyrate (2020-2028) ($MN)
37 North America Butyric Acid Market Outlook, By Magnesium butyrate (2020-2028) ($MN)
38 North America Butyric Acid Market Outlook, By Potassium butyrate (2020-2028) ($MN)
39 North America Butyric Acid Market Outlook, By Other Derivatives (2020-2028) ($MN)
40 North America Butyric Acid Market Outlook, By Application (2020-2028) ($MN)
41 North America Butyric Acid Market Outlook, By Food & Flavors (2020-2028) ($MN)
42 North America Butyric Acid Market Outlook, By Animal Feed (2020-2028) ($MN)
43 North America Butyric Acid Market Outlook, By Human Dietary Supplements (2020-2028) ($MN)
44 North America Butyric Acid Market Outlook, By Chemical Intermediates (2020-2028) ($MN)
45 North America Butyric Acid Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
46 North America Butyric Acid Market Outlook, By Biofuel (2020-2028) ($MN)
47 North America Butyric Acid Market Outlook, By Cosmetic (2020-2028) ($MN)
48 North America Butyric Acid Market Outlook, By Leather Tanning (2020-2028) ($MN)
49 North America Butyric Acid Market Outlook, By Perfumes (2020-2028) ($MN)
50 North America Butyric Acid Market Outlook, By Plasticizer (2020-2028) ($MN)
51 North America Butyric Acid Market Outlook, By Other Applications (2020-2028) ($MN)
52 North America Butyric Acid Market Outlook, By End User (2020-2028) ($MN)
53 North America Butyric Acid Market Outlook, By Chemical Industries (2020-2028) ($MN)
54 North America Butyric Acid Market Outlook, By Personal Care (2020-2028) ($MN)
55 North America Butyric Acid Market Outlook, By Paints & Coatings (2020-2028) ($MN)
56 North America Butyric Acid Market Outlook, By Food & Beverage (2020-2028) ($MN)
57 North America Butyric Acid Market Outlook, By Agriculture (2020-2028) ($MN)
58 North America Butyric Acid Market Outlook, By Other End Users (2020-2028) ($MN)
59 Europe Butyric Acid Market Outlook, By Country (2020-2028) ($MN)
60 Europe Butyric Acid Market Outlook, By Type (2020-2028) ($MN)
61 Europe Butyric Acid Market Outlook, By Renewable (2020-2028) ($MN)
62 Europe Butyric Acid Market Outlook, By Synthetic (2020-2028) ($MN)
63 Europe Butyric Acid Market Outlook, By Derivatives (2020-2028) ($MN)
64 Europe Butyric Acid Market Outlook, By Calcium butyrate (2020-2028) ($MN)
65 Europe Butyric Acid Market Outlook, By Sodium butyrate (2020-2028) ($MN)
66 Europe Butyric Acid Market Outlook, By Magnesium butyrate (2020-2028) ($MN)
67 Europe Butyric Acid Market Outlook, By Potassium butyrate (2020-2028) ($MN)
68 Europe Butyric Acid Market Outlook, By Other Derivatives (2020-2028) ($MN)
69 Europe Butyric Acid Market Outlook, By Application (2020-2028) ($MN)
70 Europe Butyric Acid Market Outlook, By Food & Flavors (2020-2028) ($MN)
71 Europe Butyric Acid Market Outlook, By Animal Feed (2020-2028) ($MN)
72 Europe Butyric Acid Market Outlook, By Human Dietary Supplements (2020-2028) ($MN)
73 Europe Butyric Acid Market Outlook, By Chemical Intermediates (2020-2028) ($MN)
74 Europe Butyric Acid Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
75 Europe Butyric Acid Market Outlook, By Biofuel (2020-2028) ($MN)
76 Europe Butyric Acid Market Outlook, By Cosmetic (2020-2028) ($MN)
77 Europe Butyric Acid Market Outlook, By Leather Tanning (2020-2028) ($MN)
78 Europe Butyric Acid Market Outlook, By Perfumes (2020-2028) ($MN)
79 Europe Butyric Acid Market Outlook, By Plasticizer (2020-2028) ($MN)
80 Europe Butyric Acid Market Outlook, By Other Applications (2020-2028) ($MN)
81 Europe Butyric Acid Market Outlook, By End User (2020-2028) ($MN)
82 Europe Butyric Acid Market Outlook, By Chemical Industries (2020-2028) ($MN)
83 Europe Butyric Acid Market Outlook, By Personal Care (2020-2028) ($MN)
84 Europe Butyric Acid Market Outlook, By Paints & Coatings (2020-2028) ($MN)
85 Europe Butyric Acid Market Outlook, By Food & Beverage (2020-2028) ($MN)
86 Europe Butyric Acid Market Outlook, By Agriculture (2020-2028) ($MN)
87 Europe Butyric Acid Market Outlook, By Other End Users (2020-2028) ($MN)
88 Asia Pacific Butyric Acid Market Outlook, By Country (2020-2028) ($MN)
89 Asia Pacific Butyric Acid Market Outlook, By Type (2020-2028) ($MN)
90 Asia Pacific Butyric Acid Market Outlook, By Renewable (2020-2028) ($MN)
91 Asia Pacific Butyric Acid Market Outlook, By Synthetic (2020-2028) ($MN)
92 Asia Pacific Butyric Acid Market Outlook, By Derivatives (2020-2028) ($MN)
93 Asia Pacific Butyric Acid Market Outlook, By Calcium butyrate (2020-2028) ($MN)
94 Asia Pacific Butyric Acid Market Outlook, By Sodium butyrate (2020-2028) ($MN)
95 Asia Pacific Butyric Acid Market Outlook, By Magnesium butyrate (2020-2028) ($MN)
96 Asia Pacific Butyric Acid Market Outlook, By Potassium butyrate (2020-2028) ($MN)
97 Asia Pacific Butyric Acid Market Outlook, By Other Derivatives (2020-2028) ($MN)
98 Asia Pacific Butyric Acid Market Outlook, By Application (2020-2028) ($MN)
99 Asia Pacific Butyric Acid Market Outlook, By Food & Flavors (2020-2028) ($MN)
100 Asia Pacific Butyric Acid Market Outlook, By Animal Feed (2020-2028) ($MN)
101 Asia Pacific Butyric Acid Market Outlook, By Human Dietary Supplements (2020-2028) ($MN)
102 Asia Pacific Butyric Acid Market Outlook, By Chemical Intermediates (2020-2028) ($MN)
103 Asia Pacific Butyric Acid Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
104 Asia Pacific Butyric Acid Market Outlook, By Biofuel (2020-2028) ($MN)
105 Asia Pacific Butyric Acid Market Outlook, By Cosmetic (2020-2028) ($MN)
106 Asia Pacific Butyric Acid Market Outlook, By Leather Tanning (2020-2028) ($MN)
107 Asia Pacific Butyric Acid Market Outlook, By Perfumes (2020-2028) ($MN)
108 Asia Pacific Butyric Acid Market Outlook, By Plasticizer (2020-2028) ($MN)
109 Asia Pacific Butyric Acid Market Outlook, By Other Applications (2020-2028) ($MN)
110 Asia Pacific Butyric Acid Market Outlook, By End User (2020-2028) ($MN)
111 Asia Pacific Butyric Acid Market Outlook, By Chemical Industries (2020-2028) ($MN)
112 Asia Pacific Butyric Acid Market Outlook, By Personal Care (2020-2028) ($MN)
113 Asia Pacific Butyric Acid Market Outlook, By Paints & Coatings (2020-2028) ($MN)
114 Asia Pacific Butyric Acid Market Outlook, By Food & Beverage (2020-2028) ($MN)
115 Asia Pacific Butyric Acid Market Outlook, By Agriculture (2020-2028) ($MN)
116 Asia Pacific Butyric Acid Market Outlook, By Other End Users (2020-2028) ($MN)
117 South America Butyric Acid Market Outlook, By Country (2020-2028) ($MN)
118 South America Butyric Acid Market Outlook, By Type (2020-2028) ($MN)
119 South America Butyric Acid Market Outlook, By Renewable (2020-2028) ($MN)
120 South America Butyric Acid Market Outlook, By Synthetic (2020-2028) ($MN)
121 South America Butyric Acid Market Outlook, By Derivatives (2020-2028) ($MN)
122 South America Butyric Acid Market Outlook, By Calcium butyrate (2020-2028) ($MN)
123 South America Butyric Acid Market Outlook, By Sodium butyrate (2020-2028) ($MN)
124 South America Butyric Acid Market Outlook, By Magnesium butyrate (2020-2028) ($MN)
125 South America Butyric Acid Market Outlook, By Potassium butyrate (2020-2028) ($MN)
126 South America Butyric Acid Market Outlook, By Other Derivatives (2020-2028) ($MN)
127 South America Butyric Acid Market Outlook, By Application (2020-2028) ($MN)
128 South America Butyric Acid Market Outlook, By Food & Flavors (2020-2028) ($MN)
129 South America Butyric Acid Market Outlook, By Animal Feed (2020-2028) ($MN)
130 South America Butyric Acid Market Outlook, By Human Dietary Supplements (2020-2028) ($MN)
131 South America Butyric Acid Market Outlook, By Chemical Intermediates (2020-2028) ($MN)
132 South America Butyric Acid Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
133 South America Butyric Acid Market Outlook, By Biofuel (2020-2028) ($MN)
134 South America Butyric Acid Market Outlook, By Cosmetic (2020-2028) ($MN)
135 South America Butyric Acid Market Outlook, By Leather Tanning (2020-2028) ($MN)
136 South America Butyric Acid Market Outlook, By Perfumes (2020-2028) ($MN)
137 South America Butyric Acid Market Outlook, By Plasticizer (2020-2028) ($MN)
138 South America Butyric Acid Market Outlook, By Other Applications (2020-2028) ($MN)
139 South America Butyric Acid Market Outlook, By End User (2020-2028) ($MN)
140 South America Butyric Acid Market Outlook, By Chemical Industries (2020-2028) ($MN)
141 South America Butyric Acid Market Outlook, By Personal Care (2020-2028) ($MN)
142 South America Butyric Acid Market Outlook, By Paints & Coatings (2020-2028) ($MN)
143 South America Butyric Acid Market Outlook, By Food & Beverage (2020-2028) ($MN)
144 South America Butyric Acid Market Outlook, By Agriculture (2020-2028) ($MN)
145 South America Butyric Acid Market Outlook, By Other End Users (2020-2028) ($MN)
146 Middle East & Africa Butyric Acid Market Outlook, By Country (2020-2028) ($MN)
147 Middle East & Africa Butyric Acid Market Outlook, By Type (2020-2028) ($MN)
148 Middle East & Africa Butyric Acid Market Outlook, By Renewable (2020-2028) ($MN)
149 Middle East & Africa Butyric Acid Market Outlook, By Synthetic (2020-2028) ($MN)
150 Middle East & Africa Butyric Acid Market Outlook, By Derivatives (2020-2028) ($MN)
151 Middle East & Africa Butyric Acid Market Outlook, By Calcium butyrate (2020-2028) ($MN)
152 Middle East & Africa Butyric Acid Market Outlook, By Sodium butyrate (2020-2028) ($MN)
153 Middle East & Africa Butyric Acid Market Outlook, By Magnesium butyrate (2020-2028) ($MN)
154 Middle East & Africa Butyric Acid Market Outlook, By Potassium butyrate (2020-2028) ($MN)
155 Middle East & Africa Butyric Acid Market Outlook, By Other Derivatives (2020-2028) ($MN)
156 Middle East & Africa Butyric Acid Market Outlook, By Application (2020-2028) ($MN)
157 Middle East & Africa Butyric Acid Market Outlook, By Food & Flavors (2020-2028) ($MN)
158 Middle East & Africa Butyric Acid Market Outlook, By Animal Feed (2020-2028) ($MN)
159 Middle East & Africa Butyric Acid Market Outlook, By Human Dietary Supplements (2020-2028) ($MN)
160 Middle East & Africa Butyric Acid Market Outlook, By Chemical Intermediates (2020-2028) ($MN)
161 Middle East & Africa Butyric Acid Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
162 Middle East & Africa Butyric Acid Market Outlook, By Biofuel (2020-2028) ($MN)
163 Middle East & Africa Butyric Acid Market Outlook, By Cosmetic (2020-2028) ($MN)
164 Middle East & Africa Butyric Acid Market Outlook, By Leather Tanning (2020-2028) ($MN)
165 Middle East & Africa Butyric Acid Market Outlook, By Perfumes (2020-2028) ($MN)
166 Middle East & Africa Butyric Acid Market Outlook, By Plasticizer (2020-2028) ($MN)
167 Middle East & Africa Butyric Acid Market Outlook, By Other Applications (2020-2028) ($MN)
168 Middle East & Africa Butyric Acid Market Outlook, By End User (2020-2028) ($MN)
169 Middle East & Africa Butyric Acid Market Outlook, By Chemical Industries (2020-2028) ($MN)
170 Middle East & Africa Butyric Acid Market Outlook, By Personal Care (2020-2028) ($MN)
171 Middle East & Africa Butyric Acid Market Outlook, By Paints & Coatings (2020-2028) ($MN)
172 Middle East & Africa Butyric Acid Market Outlook, By Food & Beverage (2020-2028) ($MN)
173 Middle East & Africa Butyric Acid Market Outlook, By Agriculture (2020-2028) ($MN)
174 Middle East & Africa Butyric Acid Market Outlook, By Other End Users (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
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We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
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