Middle East & Africa Natural Butyric Acid Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Dietary Supplement, Animal Feed, Flavor and Fragrances, Chemical Intermediates, Pharmaceuticals, and Others)

BMIRE00028194 | Pages: 96 | Chemicals and Materials | Mar 2023 | Type: Regional | Status: Published

The Middle East & Africa natural butyric acid market is expected to grow from US$ 9.84 million in 2022 to US$ 12.91 million by 2028. It is estimated to grow at a CAGR of 4.6% from 2022 to 2028.

Use of Natural Butyric Acid as Precursor to Biofuels is Fuelling Middle East & Africa Natural Butyric Acid Market

There is an increasing interest in using natural butyric acid as a precursor in biofuel production. The growing population and the increasing demand for fossil fuels have led to an overwhelming surge in demand for liquid fuel, which has triggered greenhouse gas emission levels. As a result, research has been directed toward alternative fuel sources in recent years due to increasing petroleum prices and a growing need for clean energy sources. Biofuels have emerged as a sustainable alternative to conventional fuels that reduce greenhouse gas emissions with a secured supply. Further, natural butyric acid has been studied as a renewable green platform chemical that can provide an alternative solution to fossil fuels to reduce environmental concerns. The production of fuels from biomass is important to diminish petroleum dependency and contribute to the build-up of a sustainable bioeconomy. Such developments would offer significant opportunities for the Middle East & Africa natural butyric acid market growth.

 

Middle East & Africa Natural Butyric Acid Market Overview

 

The Middle East & Africa natural butyric acid market is segmented into South Africa, Saudi Arabia, and the UAE. Natural butyric acid is commonly used for animal feed. The Middle East & Africa's growing livestock industry is expected to provide growth opportunities to the natural butyric acid market. Moreover, the increasing use of natural butyric acid in the pharmaceutical industry is propelling the growth of the natural butyric acid market in the Middle East & Africa. Moreover, the growing consumption of flavored food and beverages is supporting the growth of the natural butyric acid market in the Middle East & Africa. Further, the rising population, increasing per capita income, and growing health consciousness among consumers in the MEA are the major factors boosting the consumption of green and sustainable products. Natural butyric acid is a widely used flavoring agent in food and beverages, as it has a fruity and cheesy flavor. Thus, the growing food & beverages industry is anticipated to propel the Middle East & Africa natural butyric acid market growth in the region during the forecast period.   

 

Middle East & Africa Natural Butyric Acid Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Natural Butyric Acid Market Revenue and Forecast to 2028 (US$ Million)

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Middle East & Africa Natural Butyric Acid Market Segmentation

 

The Middle East & Africa natural butyric acid market is bifurcated into application and country.

 

Based on application, the Middle East & Africa natural butyric acid market is segmented into dietary supplement, animal feed, flavor and fragrances, chemical intermediates, pharmaceuticals, and others. The dietary supplement segment held the largest Middle East & Africa natural butyric acid market share in 2022.

 

Based on country, the Middle East & Africa natural butyric acid market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa dominated the Middle East & Africa natural butyric acid market in 2022.

 

Berje Inc, Biosynth AG, Eastman Chemical Co, Ernesto Ventos SA, Merck KGaA, and Phoenix Aromas & Essential Oils LLC are the leading companies operating in the Middle East & Africa natural butyric acid market.

1.         Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Middle East & Africa Natural Butyric Acid Market, by Application

1.3.2        Middle East & Africa Natural Butyric Acid Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.1.1        Natural Butyric Acid Market, by Application

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Middle East & Africa Natural Butyric Acid Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Threat of New Entrants:

4.2.2        Bargaining Power of Suppliers:

4.2.3        Bargaining Power of Buyers:

4.2.4        Competitive Rivalry:

4.2.5        Threat of Substitutes:

4.3         Ecosystem Analysis

4.3.1        Overview:

4.3.2        Raw Material Suppliers:

4.3.3        Manufacturers

4.3.4        Distributors or Suppliers

4.3.5        Application

4.4         Expert Opinions

5.           Middle East & Africa Natural Butyric Acid Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Demand from Flavour and Fragrance Industry

5.1.2        Growing Applications in Pharmaceuticals Industry

5.2         Market Restraints

5.2.1        Low Price and High Availability of Synthetic Butyric Acid

5.3         Market Opportunities

5.3.1        Use of Natural Butyric Acid as Precursor to Biofuels

5.4         Future Trends

5.4.1        Rising Demand for Specialty Chemicals

5.5         Impact Analysis

6.           Natural Butyric Acid Market – Middle East & Africa Analysis

6.1         Middle East & Africa Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

6.2         Middle East & Africa Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.           Middle East & Africa Natural Butyric Acid Market Analysis – By Application

7.1         Overview

7.2         Middle East & Africa Natural Butyric Acid Market, By Application (2021 and 2028)

7.3         Dietary Supplements

7.3.1        Overview

7.3.2        Dietary Supplements: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.3.3        Dietary Supplements: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.4         Animal Feed

7.4.1        Overview

7.4.2        Animal Feed: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.4.3        Animal Feed: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.5         Flavors & Fragrances

7.5.1        Overview

7.5.2        Flavors & Fragrances: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.5.3        Flavors & Fragrances: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.6         Chemical Intermediate

7.6.1        Overview

7.6.2        Chemical Intermediate: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.6.3        Chemical Intermediate: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.7         Pharmaceutical

7.7.1        Overview

7.7.2        Pharmaceutical: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.7.3        Pharmaceutical: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7.8         Others

7.8.1        Overview

7.8.2        Others: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)

7.8.3        Others: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.           Middle East & Africa Natural Butyric Acid Market – Country Analysis

8.1         Overview

8.1.1        Middle East and Africa: Natural Butyric Acid Market, by Key Country

8.1.1.1          South Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.1.1.2          South Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.1.1.2.1          South Africa: Natural Butyric Acid Market, by Application

8.1.1.2.2          South Africa: Natural Butyric Acid Market, by Application

8.1.1.3          Saudi Arabia: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.1.1.4          Saudi Arabia: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.1.1.4.1          Saudi Arabia: Natural Butyric Acid Market, by Application

8.1.1.4.2          Saudi Arabia: Natural Butyric Acid Market, by Application

8.1.1.5          UAE: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.1.1.6          UAE: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.1.1.6.1          UAE: Natural Butyric Acid Market, by Application

8.1.1.6.2          UAE: Natural Butyric Acid Market, by Application

8.1.1.7          Rest of Middle East & Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8.1.1.8          Rest of Middle East & Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.1.1.8.1          Rest of Middle East & Africa: Natural Butyric Acid Market, by Application

8.1.1.8.2          Rest of Middle East & Africa: Natural Butyric Acid Market, by Application

9.           Industry Landscape

9.1         Overview

9.2         Market Initiative

9.3         Merger and Acquisition

10.        Company Profiles

10.1      Merck KGaA

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2      Biosynth AG

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3      Ernesto Ventos SA

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4      Phoenix Aromas & Essential Oils LLC

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5      Berje Inc

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6      Eastman Chemical Co

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products and Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.6.6     Key Developments

11.        Appendix

11.1      About The Insight Partners

11.2      Glossary of Terms

LIST OF TABLES

Table 1.             Middle East & Africa Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Middle East & Africa Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Table 3.             South Africa Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 4.             South Africa Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5.             Saudi Arabia Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 6.             Saudi Arabia Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 7.             UAE Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 8.             UAE Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9.             Rest of Middle East & Africa Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)

Table 10.          Rest of Middle East & Africa Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.          Glossary of Terms

LIST OF FIGURES

Figure 1.           Middle East & Africa Natural Butyric Acid Market Segmentation

Figure 2.           Middle East & Africa Natural Butyric Acid Market Segmentation – By Country

Figure 3.           Middle East & Africa Natural Butyric Acid Market Overview

Figure 4.           Middle East & Africa Natural Butyric Acid Market, By Application

Figure 5.           Middle East & Africa Natural Butyric Acid Market, by Country

Figure 6.           Porter’s Five Forces Analysis

Figure 7.           Middle East & Africa Natural Butyric Acid Market, Ecosystem

Figure 8.           Expert Opinions

Figure 9.           Middle East & Africa Natural Butyric Acid Market Impact Analysis of Drivers and Restraints

Figure 10.        Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Middle East & Africa Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 12.        Middle East & Africa Natural Butyric Acid Market Revenue Share, By Application (2021 and 2028)

Figure 13.        Dietary Supplements: Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        Dietary Supplements: Middle East & Africa Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 15.        Animal Feed: Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16.        Animal Feed: Middle East & Africa Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 17.        Flavors & Fragrances: Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        Flavors & Fragrances: Middle East & Africa Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 19.        Chemical Intermediate: Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20.        Chemical Intermediate: Middle East & Africa Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 21.        Pharmaceutical: Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22.        Pharmaceutical: Middle East & Africa Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 23.        Others: Middle East & Africa Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24.        Others: Middle East & Africa Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)

Figure 25.        Middle East & Africa: Natural Butyric Acid Market, by Key Country – Revenue (2021) (US$ ‘Million)

Figure 26.        Middle East and Africa: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)

Figure 27.        South Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 28.        South Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Saudi Arabia: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 30.        Saudi Arabia: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        UAE: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 32.        UAE: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Rest of Middle East & Africa: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

Figure 34.          Rest of Middle East & Africa: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)

  1. Berje Inc
  2. Biosynth AG    
  3. Eastman Chemical Co
  4. Ernesto Ventos SA
  5. Merck KGaA
  6. Phoenix Aromas & Essential Oils LLC 
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa natural butyric acid market.
  • Highlights key business priorities to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa natural butyric acid market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the natural butyric acid market, as well as those hindering it  
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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