Product Code: ETC106543 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Butyric Acid market currently, in 2023, has witnessed an HHI of 2559, Which has decreased slightly as compared to the HHI of 3540 in 2017. The market is moving towards 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.
India Butyric Acid Market is anticipated to grow at a CAGR of 5.7% during the forecast period 2023-2029 owing to increasing demand in feed and food industries. The rise in health consciousness among consumers, coupled with rising income levels are expected to fuel the growth of butyric acid market globally over the forecast period.
Increasing Demand For Animal Feed Additives??? The growing number of poultry farms and fish processing industries are major factors driving the growth of butyric acid as an additive in animal feeds worldwide with India being no exception. It acts as a source of energy along with providing other nutrients that are essential for better health & performance output. Its digestive properties help improve digestion rate which further helps reduce feed wastage during storage & handling process. Furthermore , its cost effective nature adds to its popularity among farmers & related stakeholders taking part in this value chain making it one key driver behind this market???s steady rise over recent years.
High Cost Of Raw Materials ??? Despite established applications , high cost associated with raw materials involved limits their wider adoption across various end user segments within this field currently. As most grades available today contain synthetic constituents , these prices tend to be higher than those attained through natural sources like palm oil or coconut oil derivatives amongst others thus limiting mass scale usage considerably even though technological advances made allow them to find ways around certain restrictions posed due to traditional methods employed earlier on so far as quality control goes.
Some key players operating in India Butyrate Acid Market includes Maruti Speciality Chemicals Ltd., Sree Chitra Polymers Pvt. Ltd., Avantor Performance Materials LLC., Vinati Organics Limited etc
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 India Butyric Acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Butyric Acid Market Revenues & Volume, 2020 & 2027F |
3.3 India Butyric Acid Market - Industry Life Cycle |
3.4 India Butyric Acid Market - Porter's Five Forces |
3.5 India Butyric Acid Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 India Butyric Acid Market Revenues & Volume Share, By Derivatives, 2020 & 2027F |
3.7 India Butyric Acid Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Butyric Acid Market Trends |
6 India Butyric Acid Market, By Types |
6.1 India Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Butyric Acid Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 India Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2018 - 2027F |
6.1.4 India Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2018 - 2027F |
6.2 India Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 India Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2018 - 2027F |
6.2.3 India Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2018 - 2027F |
6.2.4 India Butyric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 India Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Butyric Acid Market Revenues & Volume, By Animal Feed, 2018 - 2027F |
6.3.3 India Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2018 - 2027F |
6.3.4 India Butyric Acid Market Revenues & Volume, By Food and Flavours, 2018 - 2027F |
6.3.5 India Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2018 - 2027F |
6.3.6 India Butyric Acid Market Revenues & Volume, By Perfumes, 2018 - 2027F |
6.3.7 India Butyric Acid Market Revenues & Volume, By Inks, 2018 - 2027F |
6.3.8 India Butyric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
6.3.9 India Butyric Acid Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Butyric Acid Market Import-Export Trade Statistics |
7.1 India Butyric Acid Market Export to Major Countries |
7.2 India Butyric Acid Market Imports from Major Countries |
8 India Butyric Acid Market Key Performance Indicators |
9 India Butyric Acid Market - Opportunity Assessment |
9.1 India Butyric Acid Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 India Butyric Acid Market Opportunity Assessment, By Derivatives, 2020 & 2027F |
9.3 India Butyric Acid Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Butyric Acid Market - Competitive Landscape |
10.1 India Butyric Acid Market Revenue Share, By Companies, 2020 |
10.2 India Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |