Product Code: ETC4734033 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The butyric acid market in Eritrea caters to applications in animal feed, pharmaceuticals, and the food industry due to its distinct flavoring and health properties.
The butyric acid market in Eritrea is driven by its applications in the food, agriculture, and chemical industries. Butyric acid is used as a flavoring agent in food, as well as in animal feed to promote growth and improve digestive health. As the demand for functional food ingredients and animal nutrition products increases in Eritrea, the demand for butyric acid is also rising. Additionally, butyric acid is used in the production of plasticizers and synthetic rubbers, which are in high demand as Eritrea`s industrial sectors expand. The growing focus on animal welfare and sustainable agriculture also supports the market for butyric acid.
Eritreas butyric acid market faces obstacles due to limited production capabilities and the high costs associated with imports. Butyric acid has applications in pharmaceuticals and animal feed, but local production is minimal, making the market dependent on expensive imports. This raises costs for industries that rely on butyric acid as a component in their products.
The butyric acid market in Eritrea is influenced by its applications in the food and beverage, animal feed, and chemical industries. As the government focuses on improving local food production, agricultural output, and industrial development, demand for butyric acid, particularly in the animal feed sector, may increase. Policies that support the agricultural and livestock sectors, such as subsidies, improved farming techniques, and the establishment of food processing industries, could lead to higher consumption of butyric acid in feed additives and preservation. However, the countrys limited chemical production capacity means that most of the butyric acid will likely be imported, which creates an opportunity for policy support in local chemical manufacturing development.
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 Eritrea Butyric Acid Market Overview |
3.1 Eritrea Country Macro Economic Indicators |
3.2 Eritrea Butyric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Eritrea Butyric Acid Market - Industry Life Cycle |
3.4 Eritrea Butyric Acid Market - Porter's Five Forces |
3.5 Eritrea Butyric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Eritrea Butyric Acid Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Eritrea Butyric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Eritrea Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Eritrea Butyric Acid Market Trends |
6 Eritrea Butyric Acid Market Segmentations |
6.1 Eritrea Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Eritrea Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2021-2031F |
6.1.3 Eritrea Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2021-2031F |
6.2 Eritrea Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Eritrea Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2021-2031F |
6.2.3 Eritrea Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2021-2031F |
6.2.4 Eritrea Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3 Eritrea Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Eritrea Butyric Acid Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.3 Eritrea Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.3.4 Eritrea Butyric Acid Market Revenues & Volume, By Food and Flavors, 2021-2031F |
6.3.5 Eritrea Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Eritrea Butyric Acid Market Revenues & Volume, By Perfumes, 2021-2031F |
6.3.7 Eritrea Butyric Acid Market Revenues & Volume, By Inks, 2021-2031F |
6.3.8 Eritrea Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Eritrea Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Eritrea Butyric Acid Market Import-Export Trade Statistics |
7.1 Eritrea Butyric Acid Market Export to Major Countries |
7.2 Eritrea Butyric Acid Market Imports from Major Countries |
8 Eritrea Butyric Acid Market Key Performance Indicators |
9 Eritrea Butyric Acid Market - Opportunity Assessment |
9.1 Eritrea Butyric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Eritrea Butyric Acid Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Eritrea Butyric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Eritrea Butyric Acid Market - Competitive Landscape |
10.1 Eritrea Butyric Acid Market Revenue Share, By Companies, 2024 |
10.2 Eritrea Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |