Product Code: ETC106579 | Publication Date: Jun 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Georgia Butyric Acid market currently, in 2023, has witnessed an HHI of 6862, Which has increased slightly as compared to the HHI of 5444 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Similarly, butyric acid finds widespread usage in animal feed additives, flavorings, and pharmaceuticals. The burgeoning agricultural sector and the increasing awareness regarding animal nutrition drive the demand for butyric acid in Georgia.
Similarly, the butyric acid market in Georgia is witnessing growth owing to its utilization in various industries such as food and beverage, pharmaceuticals, and animal feed. Butyric acid is widely used as a flavoring agent, preservative, and feed additive, driving its demand in Georgia.
The Georgia butyric acid market faces obstacles related to the odor associated with the compound, which impacts its acceptance in various applications. Moreover, fluctuations in raw material costs and the need for stringent quality control measures pose significant challenges for manufacturers.
Georgia has emerged as a significant player in the production and distribution of these chemicals, which find applications in industries such as pharmaceuticals, food and beverage, and agriculture. Government policies have focused on fostering a conducive business environment for chemical manufacturers, including incentives for research and development, infrastructure development, and trade facilitation, thereby supporting the growth of the butyraldehyde and butyric acid markets in Georgia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Georgia Butyric Acid Market Overview |
3.1 Georgia Country Macro Economic Indicators |
3.2 Georgia Butyric Acid Market Revenues & Volume, 2020 & 2030F |
3.3 Georgia Butyric Acid Market - Industry Life Cycle |
3.4 Georgia Butyric Acid Market - Porter's Five Forces |
3.5 Georgia Butyric Acid Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Georgia Butyric Acid Market Revenues & Volume Share, By Derivatives, 2020 & 2030F |
3.7 Georgia Butyric Acid Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 Georgia Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Georgia Butyric Acid Market Trends |
6 Georgia Butyric Acid Market, By Types |
6.1 Georgia Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Georgia Butyric Acid Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Georgia Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2018 - 2027F |
6.1.4 Georgia Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2018 - 2027F |
6.2 Georgia Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Georgia Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2018 - 2027F |
6.2.3 Georgia Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2018 - 2027F |
6.2.4 Georgia Butyric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 Georgia Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Georgia Butyric Acid Market Revenues & Volume, By Animal Feed, 2018 - 2027F |
6.3.3 Georgia Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2018 - 2027F |
6.3.4 Georgia Butyric Acid Market Revenues & Volume, By Food and Flavours, 2018 - 2027F |
6.3.5 Georgia Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2018 - 2027F |
6.3.6 Georgia Butyric Acid Market Revenues & Volume, By Perfumes, 2018 - 2027F |
6.3.7 Georgia Butyric Acid Market Revenues & Volume, By Inks, 2018 - 2027F |
6.3.8 Georgia Butyric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
6.3.9 Georgia Butyric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
7 Georgia Butyric Acid Market Import-Export Trade Statistics |
7.1 Georgia Butyric Acid Market Export to Major Countries |
7.2 Georgia Butyric Acid Market Imports from Major Countries |
8 Georgia Butyric Acid Market Key Performance Indicators |
9 Georgia Butyric Acid Market - Opportunity Assessment |
9.1 Georgia Butyric Acid Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Georgia Butyric Acid Market Opportunity Assessment, By Derivatives, 2020 & 2030F |
9.3 Georgia Butyric Acid Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Georgia Butyric Acid Market - Competitive Landscape |
10.1 Georgia Butyric Acid Market Revenue Share, By Companies, 2020 |
10.2 Georgia Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |