India Butyric Acid Market By Type (Synthetic, Non-Synthetic), By End Use (Animal Feed, Chemical Intermediates, Pharmaceuticals, Food & Beverage, Others), By Distribution Channel (Direct Sales, Direct Import, Distributors/Suppliers/Traders), By Region, Competition, Forecast and Opportunities, 2019-2029
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndia Butyric Acid Market By Type (Synthetic, Non-Synthetic), By End Use (Animal Feed, Chemical Intermediates, Pharmaceuticals, Food & Beverage, Others), By Distribution Channel (Direct Sales, Direct Import, Distributors/Suppliers/Traders), By Region, Competition, Forecast and Opportunities, 2019-2029
| Forecast Period | 2025-2029 |
| Market Size (2023) | USD 91.25 million |
| CAGR (2024-2029) | 4.11% |
| Fastest Growing Segment | Synthetic |
| Largest Market | West India |
Market Overview
Key Market Drivers
Increasing Demand from the Animal Feed Sector
Growing Demand for Packaged Food
Growing Demand of Butyric Acid in Pharmaceutical Industry
Key Market Challenges
Odour Arising from Acids can Impede the Market Growth
Irritation to the Skin and Eyes Restricts the Market Growth
Key Market Trends
Anti-inflammatory Properties Creates Expansion in the Market
Segmental Insights
Type Insights
Application Insights
Regional Insights
Recent Developments
- In July 2020, Evonik, a leading global specialty chemicals company, andPerstorp, a renowned Swedish manufacturer, announced the expansion of sales anddistribution of ProPhorce SR 130 to the Indian subcontinent, covering countriessuch as India, Nepal, Sri Lanka, Bangladesh, and Pakistan. ProPhorce SR 130, ahigh-quality butyric acid product, offers a safe, easy-to-handle, andcost-efficient solution for in-feed application in livestock management. Withits proven effectiveness and superior performance, this innovative product is setto revolutionize the industry by promoting optimal health and productivity inlivestock.
Key Market Players
- Ennore India Chemicals
- Otto Chemie Pvt. Ltd.
- Vizag Chemicals International
- QUALIKEMS Fine Chem Pvt. Ltd.
- Peekay Agencies Pvt. Ltd.
| By Type | By End Use | By Distribution Channel | By Region |
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