Middle East and Africa butyric acid market is projected to register a 5.8% of CAGR in the forecast period 2020 to 2027. The new market report contains data for historic yeas 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Middle East and Africa Butyric Acid Market, By Type (Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings and Others), Country (Egypt, Israel, United Arab Emirates, Saudi Arabia, South Africa and Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Middle East and Africa butyric acid market:
• Rising meat consumption among the developing countries
• Increasing demand for processed foods
Market Players:
The key market players for Middle East and Africa butyric acid market are listed below:
• Eastman Chemical Company
• Celanese Corporation
• Kemin Industries, Inc.
• Merck KGaA
• Tokyo Chemical Industry Co., Ltd.