South America Butyric Acid Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Source (Renewable Butyric Acid and Synthetic Butyric Acid) and Application (Printing Inks, Animal Feed, Food Flavors and Food Fragrances, Chemical Intermediates, Pharmaceutical, and Others)        

Code: TIPRE00029152 | Pages: 100 | Industry: Chemicals and Materials | Date: May 2022
Covid

The butyric acid market in SAM is expected to grow from US$ 16.32 million in 2021 to US$ 42.73 million by 2028. It is estimated to grow at a CAGR of 14.7% from 2021 to 2028.

 

The growth of the South America butyric acid market is attributed to the mass production and consumption of animal feed in the region. As per a report by Alltech Global, in 2020, over 100 million metric tons of animal feed were produced in SAM. SAM is one of the largest exporters of meat products globally. The rising demand for high-quality meat worldwide is encouraging livestock farmers in the region to use animal feed to produce more nutritious products.

 

Butyric acid is used in animal feeds to increase antioxidant levels to accelerate natural healing among broilers and swine. The region houses the largest livestock farming countries, such as Brazil and Argentina. As per the Brazilian Agricultural Research Corporation data, in 2020, Brazil had one of the largest bovine herds in the world, representing 14.3% of the global herds with 217 million heads. Moreover, the country exported 7.4 million tons or 13.4% of the world's total meat, including beef, pork, and poultry. Thus, an emphasis on the mass production of animal feed is fueling the demand for butyric acid in the region.

 

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM butyric acid market at a healthy CAGR during the forecast period.

 

SAM Butyric Acid Market Revenue and Forecast to 2028 (US$ Million)

SAM Butyric Acid Market Revenue and Forecast to 2028 (US$ Million)

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SAM Butyric Acid Market Segmentation  

 

SAM butyric acid market is analyzed on three fronts: Source, application, and country. Based on source, the market has been segmented into renewable butyric acid and synthetic butyric acid. The renewable butyric acid segment held the largest market share in 2020.

 

Based on application, the market is segmented into printing inks, animal feed, food flavors and fragrances, chemical intermediates, pharmaceuticals, and others. The animal feed segment held the largest market share in 2020.

 

Based on country, the SAM butyric acid market is segmented into Brazil, Argentina, and the Rest of SAM.

 

Alfa Aesar; Eastman Chemical Company; Hefei TNJ Chemical Industry Co., Ltd.; Kunshan Odwell Co., Ltd.; MERCK KGaA; OQ Chemicals GmbH; Perstorp Holding AB; Tokyo Chemical Industry Co., Ltd.; and Yufeng International Co., Ltd. are the leading companies in the SAM butyric acid market.   

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        SAM Butyric Acid Market, by Source

1.3.2        SAM Butyric Acid Market, by Application

1.3.3        SAM Butyric Acid Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

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.           SAM Butyric Acid Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           SAM Butyric Acid Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Demand from Animal Feed Sector

5.2         Market Restraints

5.2.1        Fluctuating Prices of Raw Materials and Health Hazards Related to Handling

5.3         Market Opportunities

5.3.1        Butyric Acid Used in Biofuels

5.4         Future Trends

5.4.1        Rising Demand for Specialty Chemicals

5.5         Impact Analysis

6.           Butyric Acid Market – SAM Analysis

6.1         SAM Butyric Acid Market Overview

6.2         SAM Butyric Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

7.           SAM Butyric Acid Market Analysis – by Source

7.1         Overview

7.2         SAM Butyric Acid Market, by Source (2020 and 2028)

7.3         Renewable Butyric Acid

7.3.1        Overview

7.3.2        Renewable Butyric Acid: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

7.4         Synthetic Butyric Acid

7.4.1        Overview

7.4.2        Synthetic Butyric Acid: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

8.           SAM Butyric Acid Market Analysis – by Application

8.1         Overview

8.2         SAM Butyric Acid Market, by Application (2020 and 2028)

8.3         Printing Inks

8.3.1        Overview

8.3.2        Printing Inks: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

8.4         Animal Feed

8.4.1        Overview

8.4.2        Animal Feed: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

8.5         Food Flavors and Food Fragrance

8.5.1        Overview

8.5.2        Food Flavors and Food Fragrance: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

8.6         Chemical Intermediates

8.6.1        Overview

8.6.2        Chemical Intermediates: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

8.7         Pharmaceutical

8.7.1        Overview

8.7.2        Pharmaceutical: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

8.8         Others

8.8.1        Overview

8.8.2        Others: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

9.           SAM Butyric Acid Market – Country Analysis

9.1         Overview

9.1.1        SAM: Butyric Acid Market, by Key Country

9.1.1.1          Brazil: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

9.1.1.1.1          Brazil: Butyric Acid Market, By Source

9.1.1.1.2          Brazil: Butyric Acid Market, by Application

9.1.1.2          Argentina: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

9.1.1.2.1          Argentina: Butyric Acid Market, By Source

9.1.1.2.2          Argentina: Butyric Acid Market, by Application

9.1.1.3          Rest of SAM: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

9.1.1.3.1          Rest of SAM: Butyric Acid Market, By Source

9.1.1.3.2          Rest of SAM: Butyric Acid Market, by Application

10.        Company Profiles

10.1      Eastman Chemical Company

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      OQ Chemicals GmbH

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      Perstorp Holding AB

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      Alfa Aesar

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      MERCK KGaA

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      KGaA

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

10.7      Hefei TNJ Chemical Industry Co.,Ltd.

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.7.6     Key Developments

10.8      KUNSHAN ODOWELL CO., LTD

10.8.1     Key Facts

10.8.2     Business Description

10.8.3     Products and Services

10.8.4     Financial Overview

10.8.5     SWOT Analysis

10.8.6     Key Developments

10.9      Yufeng International Co.,Ltd

10.9.1     Key Facts

10.9.2     Business Description

10.9.3     Products and Services

10.9.4     Financial Overview

10.9.5     SWOT Analysis

10.9.6     Key Developments

11.        Appendix

11.1      About The Insight Partners

11.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             SAM Butyric Acid Market –Revenue and Forecast to 2028 (US$ Thousand)

Table 2.             Brazil Butyric Acid Market, By Source – Revenue and Forecast to 2028 (USD Thousand)

Table 3.             Brazil Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 4.             Argentina Butyric Acid Market, By Source – Revenue and Forecast to 2028 (USD Thousand)

Table 5.             Argentina Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 6.             Rest of SAM Butyric Acid Market, By Source – Revenue and Forecast to 2028 (USD Thousand)

Table 7.             Rest of SAM Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Thousand)

Table 8.             Glossary of Terms, SAM Butyric Acid Market

 


LIST OF FIGURES

Figure 1.           SAM Butyric Acid Market Segmentation

Figure 2.           SAM Butyric Acid Market Segmentation – By Country

Figure 3.           SAM Butyric Acid Market Overview

Figure 4.           SAM Butyric Acid Market, By Source

Figure 5.           SAM Butyric Acid Market, by Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Ecosystem: SAM Butyric Acid Market

Figure 8.           Expert Opinion

Figure 9.           SAM Butyric Acid Market Impact Analysis of Drivers and Restraints

Figure 10.        SAM Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 11.        South and Central America: Butyric Acid Market Revenue Share, By Source (2020 and 2028)

Figure 12.        SAM Renewable Butyric Acid: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 13.        SAM Synthetic Butyric Acids: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 14.        SAM Butyric Acid Market Revenue Share, by Application (2020 and 2028)

Figure 15.        SAM Printing Inks: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 16.        SAM Animal Feed: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 17.        SAM Food Flavors and Food Fragrance: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 18.        SAM Chemical Intermediates: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 19.        SAM Pharmaceutical: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 20.        SAM Others: Butyric Acids Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 21.        SAM: Butyric Acid Market, by Key Country – Revenue (2020) (US$ Thousand)

Figure 22.        SAM: Butyric Acid Market Revenue Share, by Key Country (2020 and 2028)

Figure 23.        Brazil: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 24.        Argentina: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

Figure 25.        Rest of SAM: Butyric Acid Market – Revenue and Forecast to 2028 (US$ Thousand)

  1. Alfa Aesar
  2. Eastman Chemical Company
  3. Hefei TNJ Chemical Industry Co., Ltd.
  4. Kunshan Odwell Co., Ltd.
  5. MERCK KGaA
  6. OQ Chemicals GmbH
  7. Perstorp Holding AB
  8. Tokyo Chemical Industry Co., Ltd.
  9. Yufeng International Co., Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM butyric acid market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM 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 SAM market trends and outlook coupled with the factors driving the 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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