| Product Code: ETC7487201 | 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 |
In 2024, Hong Kong continued to witness a strong demand for propionic acid for animal feed, with top exporters such as Canada, Taiwan, China, Singapore, and the UK dominating the market. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, while the impressive Compound Annual Growth Rate (CAGR) of 6.67% from 2020-24 highlights sustained growth. Despite a slight dip in the growth rate from 2023-24 at 0.77%, the overall outlook for propionic acid imports for animal feed in Hong Kong remains positive.

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 Hong Kong Propionic Acid for Animal Feed Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Propionic Acid for Animal Feed Market - Industry Life Cycle |
3.4 Hong Kong Propionic Acid for Animal Feed Market - Porter's Five Forces |
3.5 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Hong Kong Propionic Acid for Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality animal feed products in Hong Kong |
4.2.2 Growing awareness about the benefits of propionic acid for animal health and nutrition |
4.2.3 Rising livestock production and consumption in the region |
4.3 Market Restraints |
4.3.1 Stringent regulations related to the usage of additives in animal feed |
4.3.2 Fluctuating prices of raw materials for propionic acid production |
4.3.3 Competition from alternative additives in the animal feed market |
5 Hong Kong Propionic Acid for Animal Feed Market Trends |
6 Hong Kong Propionic Acid for Animal Feed Market, By Types |
6.1 Hong Kong Propionic Acid for Animal Feed Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Biotech/Analytical (High Purity), 2021- 2031F |
6.1.4 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Technical (Low Purity), 2021- 2031F |
6.2 Hong Kong Propionic Acid for Animal Feed Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Oxo Process, 2021- 2031F |
6.2.3 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Reppe Process, 2021- 2031F |
6.2.4 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By By-Product Process, 2021- 2031F |
6.3 Hong Kong Propionic Acid for Animal Feed Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Chemical, 2021- 2031F |
6.3.3 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.6 Hong Kong Propionic Acid for Animal Feed Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
7 Hong Kong Propionic Acid for Animal Feed Market Import-Export Trade Statistics |
7.1 Hong Kong Propionic Acid for Animal Feed Market Export to Major Countries |
7.2 Hong Kong Propionic Acid for Animal Feed Market Imports from Major Countries |
8 Hong Kong Propionic Acid for Animal Feed Market Key Performance Indicators |
8.1 Average price of propionic acid in Hong Kong |
8.2 Number of livestock farms adopting propionic acid in their feed formulations |
8.3 Growth rate of the animal feed industry in Hong Kong |
9 Hong Kong Propionic Acid for Animal Feed Market - Opportunity Assessment |
9.1 Hong Kong Propionic Acid for Animal Feed Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Hong Kong Propionic Acid for Animal Feed Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Hong Kong Propionic Acid for Animal Feed Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Hong Kong Propionic Acid for Animal Feed Market - Competitive Landscape |
10.1 Hong Kong Propionic Acid for Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Propionic Acid for Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |