| Product Code: ETC6167771 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for propionic acid for the animal feed market saw significant growth from 2023 to 2024, with a growth rate of 130.0%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 84.15%. This substantial increase in imports can be attributed to a notable demand shift towards enhancing animal nutrition in the agricultural sector.
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 Armenia Propionic Acid for Animal Feed Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Propionic Acid for Animal Feed Market - Industry Life Cycle |
3.4 Armenia Propionic Acid for Animal Feed Market - Porter's Five Forces |
3.5 Armenia Propionic Acid for Animal Feed Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Armenia Propionic Acid for Animal Feed Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Armenia Propionic Acid for Animal Feed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Armenia Propionic Acid for Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for animal feed additives to improve livestock health and productivity |
4.2.2 Growing awareness about the benefits of propionic acid in animal feed for preventing mold and bacterial growth |
4.2.3 Rise in meat consumption leading to higher demand for livestock production |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propionic acid production |
4.3.2 Stringent regulations and quality standards in the animal feed industry |
4.3.3 Competition from alternative preservatives and feed additives |
5 Armenia Propionic Acid for Animal Feed Market Trends |
6 Armenia Propionic Acid for Animal Feed Market, By Types |
6.1 Armenia Propionic Acid for Animal Feed Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Biotech/Analytical (High Purity), 2021- 2031F |
6.1.4 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Technical (Low Purity), 2021- 2031F |
6.2 Armenia Propionic Acid for Animal Feed Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Oxo Process, 2021- 2031F |
6.2.3 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Reppe Process, 2021- 2031F |
6.2.4 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By By-Product Process, 2021- 2031F |
6.3 Armenia Propionic Acid for Animal Feed Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Chemical, 2021- 2031F |
6.3.3 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.6 Armenia Propionic Acid for Animal Feed Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
7 Armenia Propionic Acid for Animal Feed Market Import-Export Trade Statistics |
7.1 Armenia Propionic Acid for Animal Feed Market Export to Major Countries |
7.2 Armenia Propionic Acid for Animal Feed Market Imports from Major Countries |
8 Armenia Propionic Acid for Animal Feed Market Key Performance Indicators |
8.1 Percentage increase in the adoption of propionic acid in animal feed formulations |
8.2 Number of research studies highlighting the efficacy of propionic acid in animal feed |
8.3 Growth in the number of livestock farms using propionic acid as a feed additive |
9 Armenia Propionic Acid for Animal Feed Market - Opportunity Assessment |
9.1 Armenia Propionic Acid for Animal Feed Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Armenia Propionic Acid for Animal Feed Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Armenia Propionic Acid for Animal Feed Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Armenia Propionic Acid for Animal Feed Market - Competitive Landscape |
10.1 Armenia Propionic Acid for Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Armenia Propionic Acid for Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |