Product Code: ETC106553 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Myanmar Butyric Acid Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at -0.47% in 2025, climbs to a high of 0.85% in 2028, and moderates to 0.53% by 2029.
The Butyric Acid market in Myanmar is projected to grow at a stable growth rate of 0.58% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The butyric acid market in Myanmar is gaining traction, particularly in the animal feed and food flavoring sectors. Butyric acid`s use as a growth promoter in livestock farming and as a flavoring agent in food products is driving demand. Market growth is supported by increasing agricultural activities and a shift towards enhancing livestock productivity.
The butyric acid market in Myanmar is primarily driven by its applications in the food and beverage, animal feed, and pharmaceutical industries. The increasing demand for processed foods and beverages, along with the rising awareness of animal nutrition, boosts the market. Butyric acid`s role in enhancing gut health and improving feed efficiency in livestock supports its demand in the animal feed industry. Additionally, the expanding pharmaceutical sector, driven by increasing healthcare needs and investments, further propels the butyric acid market.
The market for butyric acid in Myanmar is hindered by several key challenges, including low industrial utilization and limited local production. Butyric acid, which has applications in animal feed, pharmaceuticals, and perfumes, sees restricted demand due to the underdeveloped nature of these industries in Myanmar. Additionally, the absence of local manufacturing facilities means that butyric acid must be imported, leading to higher costs and dependence on international suppliers. The lack of regulatory support and incentives for industrial growth further limits the market`s potential.
The Myanmar government supports the development of the agricultural and food processing industries, which has a direct impact on the butyric acid market. Policies are being implemented to improve agricultural productivity and food quality, thereby increasing the demand for preservatives and flavoring agents like butyric acid. The government encourages the adoption of sustainable and eco-friendly production practices. Investment incentives and subsidies are provided to companies involved in the production and use of butyric acid, fostering growth in this 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 Myanmar Butyric Acid Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Butyric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Butyric Acid Market - Industry Life Cycle |
3.4 Myanmar Butyric Acid Market - Porter's Five Forces |
3.5 Myanmar Butyric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Myanmar Butyric Acid Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Myanmar Butyric Acid Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Myanmar Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Butyric Acid Market Trends |
6 Myanmar Butyric Acid Market, By Types |
6.1 Myanmar Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Butyric Acid Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Myanmar Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2018 - 2031F |
6.1.4 Myanmar Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2018 - 2031F |
6.2 Myanmar Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2018 - 2031F |
6.2.3 Myanmar Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2018 - 2031F |
6.2.4 Myanmar Butyric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Myanmar Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Butyric Acid Market Revenues & Volume, By Animal Feed, 2018 - 2031F |
6.3.3 Myanmar Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2018 - 2031F |
6.3.4 Myanmar Butyric Acid Market Revenues & Volume, By Food and Flavours, 2018 - 2031F |
6.3.5 Myanmar Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.6 Myanmar Butyric Acid Market Revenues & Volume, By Perfumes, 2018 - 2031F |
6.3.7 Myanmar Butyric Acid Market Revenues & Volume, By Inks, 2018 - 2031F |
6.3.8 Myanmar Butyric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.3.9 Myanmar Butyric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
7 Myanmar Butyric Acid Market Import-Export Trade Statistics |
7.1 Myanmar Butyric Acid Market Export to Major Countries |
7.2 Myanmar Butyric Acid Market Imports from Major Countries |
8 Myanmar Butyric Acid Market Key Performance Indicators |
9 Myanmar Butyric Acid Market - Opportunity Assessment |
9.1 Myanmar Butyric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Myanmar Butyric Acid Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Myanmar Butyric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar Butyric Acid Market - Competitive Landscape |
10.1 Myanmar Butyric Acid Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |