Product Code: ETC4734039 | 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 |
Gambia Butyric Acid market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 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.
The butyric acid market in Gambia is likely to experience growth due to its use in food additives, animal feed, and manufacturing. Butyric acid is used in the production of flavors, fragrances, and as a preservative in food products. With the increasing focus on improving the agricultural and food processing sectors in Gambia, demand for butyric acid is rising, especially for animal feed production. The growing population and expanding food industry are key factors that will drive the market`s expansion in the coming years.
The Gambia butyric acid market is being driven by the increasing use of butyric acid in the food, feed, and pharmaceutical industries. Butyric acid is gaining popularity as a food additive and preservative due to its ability to enhance flavor and improve shelf life. In the agriculture sector, it is also used in animal feed to promote gut health and improve digestion. The growing focus on animal health and welfare, alongside the expanding food and beverage sector in Gambia, is contributing to the markets growth. Additionally, butyric acids use in pharmaceuticals and personal care products is also driving demand.
The Butyric Acid Market in Gambia faces several barriers, including a lack of local production capabilities and reliance on international suppliers, which increases import costs. Butyric acid, used in food flavoring and animal feed, has limited applications in Gambia`s current market, which further restricts demand. Furthermore, the lack of proper infrastructure for storage and transportation of chemicals like butyric acid adds complexity to its distribution within the country.
With an emphasis on agricultural development and livestock health, the Gambian government supports markets like butyric acid, which is used in animal feed and other applications. Subsidies for feed additives and agricultural inputs, along with policies to improve livestock farming, indirectly drive the demand for butyric acid. Additionally, import regulations ensure quality and safety in the agricultural supply chain.
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 Gambia Butyric Acid Market Overview |
3.1 Gambia Country Macro Economic Indicators |
3.2 Gambia Butyric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Gambia Butyric Acid Market - Industry Life Cycle |
3.4 Gambia Butyric Acid Market - Porter's Five Forces |
3.5 Gambia Butyric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Gambia Butyric Acid Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Gambia Butyric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gambia Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gambia Butyric Acid Market Trends |
6 Gambia Butyric Acid Market Segmentations |
6.1 Gambia Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Gambia Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2021-2031F |
6.1.3 Gambia Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2021-2031F |
6.2 Gambia Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Gambia Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2021-2031F |
6.2.3 Gambia Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2021-2031F |
6.2.4 Gambia Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3 Gambia Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Gambia Butyric Acid Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.3 Gambia Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.3.4 Gambia Butyric Acid Market Revenues & Volume, By Food and Flavors, 2021-2031F |
6.3.5 Gambia Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Gambia Butyric Acid Market Revenues & Volume, By Perfumes, 2021-2031F |
6.3.7 Gambia Butyric Acid Market Revenues & Volume, By Inks, 2021-2031F |
6.3.8 Gambia Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Gambia Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Gambia Butyric Acid Market Import-Export Trade Statistics |
7.1 Gambia Butyric Acid Market Export to Major Countries |
7.2 Gambia Butyric Acid Market Imports from Major Countries |
8 Gambia Butyric Acid Market Key Performance Indicators |
9 Gambia Butyric Acid Market - Opportunity Assessment |
9.1 Gambia Butyric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Gambia Butyric Acid Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Gambia Butyric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gambia Butyric Acid Market - Competitive Landscape |
10.1 Gambia Butyric Acid Market Revenue Share, By Companies, 2024 |
10.2 Gambia Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |