Latvia Butyric Acid Market (2025-2031) | Forecast, Industry, Growth, Outlook, Value, Trends, Share, Size, Segmentation, Companies, Revenue & Analysis
Market Forecast By Type (Natural Butyric Acid, Synthetic Butyric Acid), By Derivatives (Sodium Butyrate, Calcium Butyrate, Others), By Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints & Coatings, Others) And Competitive Landscape
| Product Code: ETC4734056 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia Butyric Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s butyric acid import market experienced a significant shift in 2024, with top suppliers being Poland, Spain, Lithuania, Germany, and Denmark. The market concentration, as measured by the HHI, increased from high to very high in just one year, indicating a more consolidated market landscape. Despite a negative growth rate in 2024, the compound annual growth rate from 2020 to 2024 stands at a healthy 5.76%, suggesting long-term market stability. This trend highlights the importance of monitoring market dynamics and supplier relationships for businesses operating in the Latvian butyric acid import sector.
Butyric Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, the Butyric Acid market in Latvia is anticipated to reach a growth rate of 8.19%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.
Key Highlights of the Report:
- Latvia Butyric Acid Market Outlook
- Market Size of Latvia Butyric Acid Market, 2024
- Forecast of Latvia Butyric Acid Market, 2031
- Historical Data and Forecast of Latvia Butyric Acid Revenues & Volume for the Period 2021-2031
- Latvia Butyric Acid Market Trend Evolution
- Latvia Butyric Acid Market Drivers and Challenges
- Latvia Butyric Acid Price Trends
- Latvia Butyric Acid Porter`s Five Forces
- Latvia Butyric Acid Industry Life Cycle
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Natural Butyric Acid for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Synthetic Butyric Acid for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Derivatives for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Sodium Butyrate for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Calcium Butyrate for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Animal Feed for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Chemical Intermediate for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Food and Flavors for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Perfumes for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Inks for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
- Historical Data and Forecast of Latvia Butyric Acid Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Butyric Acid Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Derivatives
- Market Opportunity Assessment By Application
- Latvia Butyric Acid Top Companies Market Share
- Latvia Butyric Acid Competitive Benchmarking By Technical and Operational Parameters
- Latvia Butyric Acid Company Profiles
- Latvia Butyric Acid Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Butyric Acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Butyric Acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Latvia Butyric Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Butyric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Butyric Acid Market - Industry Life Cycle |
3.4 Latvia Butyric Acid Market - Porter's Five Forces |
3.5 Latvia Butyric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Butyric Acid Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Latvia Butyric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic products in various industries |
4.2.2 Rising awareness about the benefits of butyric acid in animal feed and pharmaceutical applications |
4.2.3 Growing trend towards sustainable and eco-friendly ingredients in the chemical industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in butyric acid production |
4.3.2 Stringent government regulations related to the use and production of butyric acid |
4.3.3 Limited availability of skilled labor in the butyric acid manufacturing sector |
5 Latvia Butyric Acid Market Trends |
6 Latvia Butyric Acid Market Segmentations |
6.1 Latvia Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2021-2031F |
6.1.3 Latvia Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2021-2031F |
6.2 Latvia Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Latvia Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2021-2031F |
6.2.3 Latvia Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2021-2031F |
6.2.4 Latvia Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Butyric Acid Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.3 Latvia Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.3.4 Latvia Butyric Acid Market Revenues & Volume, By Food and Flavors, 2021-2031F |
6.3.5 Latvia Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Latvia Butyric Acid Market Revenues & Volume, By Perfumes, 2021-2031F |
6.3.7 Latvia Butyric Acid Market Revenues & Volume, By Inks, 2021-2031F |
6.3.8 Latvia Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Latvia Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Butyric Acid Market Import-Export Trade Statistics |
7.1 Latvia Butyric Acid Market Export to Major Countries |
7.2 Latvia Butyric Acid Market Imports from Major Countries |
8 Latvia Butyric Acid Market Key Performance Indicators |
8.1 Research and development investment in new butyric acid applications |
8.2 Percentage of market share held by sustainable butyric acid products |
8.3 Number of new product launches containing butyric acid |
8.4 Adoption rate of butyric acid in key industries |
8.5 Environmental impact metrics related to the production and use of butyric acid |
9 Latvia Butyric Acid Market - Opportunity Assessment |
9.1 Latvia Butyric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Butyric Acid Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Latvia Butyric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Butyric Acid Market - Competitive Landscape |
10.1 Latvia Butyric Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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