Nigeria Butyric Acid Market (2025-2031) Outlook | Forecast, Revenue, Share, Growth, Companies, Industry, Analysis, Trends, Size & Value
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 Flavours, Pharmaceuticals, Perfumes, Inks, Paints & Coatings, Others) And Competitive Landscape
| Product Code: ETC106568 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nigeria Butyric Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Nigeria`s butyric acid import market saw a shift towards higher concentration in 2024, with top exporters being China, UAE, Belgium, Germany, and Israel. Despite a negative CAGR of -12.38% from 2020 to 2024, there was a slight growth uptick of 3.24% in 2024 compared to the previous year. The increasing dominance of key exporting countries indicates a potential for market stability and strategic partnerships in the butyric acid sector in Nigeria.
Nigeria Butyric Acid Market Overview
The butyric acid market in Nigeria supports the food, pharmaceutical, and chemical industries. Butyric acid is essential for producing various esters and additives.
Drivers of the market
The Nigeria butyric acid market is driven by its applications in food additives, animal feed, and pharmaceuticals, as well as its increasing use as a precursor in the production of esters and plastics.
Challenges of the market
Challenges in the Nigeria Butyric Acid Market include limited adoption due to its unpleasant odor and high production costs. Moreover, concerns over regulatory approvals and environmental impacts impact market growth.
Government Policy of the market
Regulations focus on product quality, purity standards, and safety in the butyric acid market, impacting its use in various industries such as food, pharmaceuticals, and chemicals.
Key Highlights of the Report:
- Nigeria Butyric Acid Market Outlook
- Market Size of Nigeria Butyric Acid Market, 2024
- Forecast of Nigeria Butyric Acid Market, 2031
- Historical Data and Forecast of Nigeria Butyric Acid Revenues & Volume for the Period 2021-2031
- Nigeria Butyric Acid Market Trend Evolution
- Nigeria Butyric Acid Market Drivers and Challenges
- Nigeria Butyric Acid Price Trends
- Nigeria Butyric Acid Porter's Five Forces
- Nigeria Butyric Acid Industry Life Cycle
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Natural Butyric Acid for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Synthetic Butyric Acid for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Derivatives for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Sodium Butyrate for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Calcium Butyrate for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Animal Feed for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Chemical Intermediate for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Food and Flavours for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Perfumes for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Inks for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
- Historical Data and Forecast of Nigeria Butyric Acid Market Revenues & Volume By Others for the Period 2021-2031
- Nigeria Butyric Acid Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Derivatives
- Market Opportunity Assessment By Application
- Nigeria Butyric Acid Top Companies Market Share
- Nigeria Butyric Acid Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Butyric Acid Company Profiles
- Nigeria Butyric Acid Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria 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 Nigeria 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 Nigeria Butyric Acid Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Butyric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Butyric Acid Market - Industry Life Cycle |
3.4 Nigeria Butyric Acid Market - Porter's Five Forces |
3.5 Nigeria Butyric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Butyric Acid Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Nigeria Butyric Acid Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Nigeria Butyric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Butyric Acid Market Trends |
6 Nigeria Butyric Acid Market, By Types |
6.1 Nigeria Butyric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Butyric Acid Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Nigeria Butyric Acid Market Revenues & Volume, By Natural Butyric Acid, 2021-2031F |
6.1.4 Nigeria Butyric Acid Market Revenues & Volume, By Synthetic Butyric Acid, 2021-2031F |
6.2 Nigeria Butyric Acid Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Butyric Acid Market Revenues & Volume, By Sodium Butyrate, 2021-2031F |
6.2.3 Nigeria Butyric Acid Market Revenues & Volume, By Calcium Butyrate, 2021-2031F |
6.2.4 Nigeria Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3 Nigeria Butyric Acid Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Butyric Acid Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.3 Nigeria Butyric Acid Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.3.4 Nigeria Butyric Acid Market Revenues & Volume, By Food and Flavours, 2021-2031F |
6.3.5 Nigeria Butyric Acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Nigeria Butyric Acid Market Revenues & Volume, By Perfumes, 2021-2031F |
6.3.7 Nigeria Butyric Acid Market Revenues & Volume, By Inks, 2021-2031F |
6.3.8 Nigeria Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Nigeria Butyric Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Nigeria Butyric Acid Market Import-Export Trade Statistics |
7.1 Nigeria Butyric Acid Market Export to Major Countries |
7.2 Nigeria Butyric Acid Market Imports from Major Countries |
8 Nigeria Butyric Acid Market Key Performance Indicators |
9 Nigeria Butyric Acid Market - Opportunity Assessment |
9.1 Nigeria Butyric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Butyric Acid Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Nigeria Butyric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Butyric Acid Market - Competitive Landscape |
10.1 Nigeria Butyric Acid Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Butyric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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