Middle East & Africa Natural Butyric Acid Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Dietary Supplement, Animal Feed, Flavor and Fragrances, Chemical Intermediates, Pharmaceuticals, and Others)

Middle East & Africa Natural Butyric Acid Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Dietary Supplement, Animal Feed, Flavor and Fragrances, Chemical Intermediates, Pharmaceuticals, and Others)

The Middle East & Africa natural butyric acid market is expected to grow from US$ 9.84 million in 2022 to US$ 12.91 million by 2028. It is estimated to grow at a CAGR of 4.6% from 2022 to 2028.

Use of Natural Butyric Acid as Precursor to Biofuels is Fuelling Middle East & Africa Natural Butyric Acid Market

There is an increasing interest in using natural butyric acid as a precursor in biofuel production. The growing population and the increasing demand for fossil fuels have led to an overwhelming surge in demand for liquid fuel, which has triggered greenhouse gas emission levels. As a result, research has been directed toward alternative fuel sources in recent years due to increasing petroleum prices and a growing need for clean energy sources. Biofuels have emerged as a sustainable alternative to conventional fuels that reduce greenhouse gas emissions with a secured supply. Further, natural butyric acid has been studied as a renewable green platform chemical that can provide an alternative solution to fossil fuels to reduce environmental concerns. The production of fuels from biomass is important to diminish petroleum dependency and contribute to the build-up of a sustainable bioeconomy. Such developments would offer significant opportunities for the Middle East & Africa natural butyric acid market growth.

Middle East & Africa Natural Butyric Acid Market Overview

The Middle East & Africa natural butyric acid market is segmented into South Africa, Saudi Arabia, and the UAE. Natural butyric acid is commonly used for animal feed. The Middle East & Africa's growing livestock industry is expected to provide growth opportunities to the natural butyric acid market. Moreover, the increasing use of natural butyric acid in the pharmaceutical industry is propelling the growth of the natural butyric acid market in the Middle East & Africa. Moreover, the growing consumption of flavored food and beverages is supporting the growth of the natural butyric acid market in the Middle East & Africa. Further, the rising population, increasing per capita income, and growing health consciousness among consumers in the MEA are the major factors boosting the consumption of green and sustainable products. Natural butyric acid is a widely used flavoring agent in food and beverages, as it has a fruity and cheesy flavor. Thus, the growing food & beverages industry is anticipated to propel the Middle East & Africa natural butyric acid market growth in the region during the forecast period.

Middle East & Africa Natural Butyric Acid Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Natural Butyric Acid Market Segmentation

The Middle East & Africa natural butyric acid market is bifurcated into application and country.

Based on application, the Middle East & Africa natural butyric acid market is segmented into dietary supplement, animal feed, flavor and fragrances, chemical intermediates, pharmaceuticals, and others. The dietary supplement segment held the largest Middle East & Africa natural butyric acid market share in 2022.

Based on country, the Middle East & Africa natural butyric acid market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa dominated the Middle East & Africa natural butyric acid market in 2022.

Berje Inc, Biosynth AG, Eastman Chemical Co, Ernesto Ventos SA, Merck KGaA, and Phoenix Aromas & Essential Oils LLC are the leading companies operating in the Middle East & Africa natural butyric acid market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa natural butyric acid market.
Highlights key business priorities to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa natural butyric acid market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the natural butyric acid market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution