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South America 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)

March 2023 | 95 pages | ID: S118FF46D299EN
The Insight Partners

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The South America natural butyric acid market is expected to grow from US$ 19.77 million in 2022 to US$ 27.89 million by 2028. It is estimated to grow at a CAGR of 5.9% from 2022 to 2028.

Use of Natural Butyric Acid as Precursor to Biofuels is Fuelling South America 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 South America natural butyric acid market growth.

South America Natural Butyric Acid Market Overview

The natural butyric acid market in South America is segmented into Brazil, Argentina, and the Rest of South America. The market growth is attributed to the mass production and consumption of animal feed in the region. As per a report of Alltech Global, in 2020, over 100 million metric tons of animal feed were produced in South America. South America is one of the largest exporters of meat products globally; further, the rising demand for high-quality meat across the world is encouraging livestock farmers in the region to use animal feed to produce more nutritious products. Natural butyric acid is used in animal feeds to increase antioxidant levels for accelerating natural healing among broilers and swine. Further, Brazil and Argentina are a few of the largest livestock-farming countries in the region. As per the Brazilian Agricultural Research Corporation data, in 2020, Brazil had one of the largest bovine herds in the world, representing 14.3% of the global herds with 217 million heads. Moreover, the country exported 7.4 million metric tons or 13.4% of the world's total meat, including beef, pork, and poultry.

South America Natural Butyric Acid Market Revenue and Forecast to 2028 (US$ Million)

South America Natural Butyric Acid Market Segmentation

The South America natural butyric acid market is bifurcated into application and country.

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

Based on country, the South America natural butyric acid market has been categorized into Brazil, Argentina, and the Rest of South America. Our regional analysis states that Brazil dominated the South America natural butyric acid market in 2022.

Berje Inc, Biosynth AG, Eastman Chemical Co, Elan Chemical Co, Ernesto Ventos SA, Merck KGaA, and Phoenix Aromas & Essential Oils LLC are the leading companies operating in the South America natural butyric acid market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South America Natural Butyric Acid Market, by Application
1.3.2 South America Natural Butyric Acid Market, by Country

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Scope of the Study
3.1.1 Natural Butyric Acid Market, by Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. SOUTH AMERICA NATURAL BUTYRIC ACID MARKET LANDSCAPE

4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors or Suppliers
4.3.5 Application
4.4 Expert Opinions

5. SOUTH AMERICA NATURAL BUTYRIC ACID MARKET – KEY MARKET DYNAMICS

5.1 Market Drivers
5.1.1 Increasing Demand from Flavour and Fragrance Industry
5.1.2 Growing Applications in Pharmaceuticals Industry
5.2 Market Restraints
5.2.1 Low Price and High Availability of Synthetic Butyric Acid
5.3 Market Opportunities
5.3.1 Use of Natural Butyric Acid as Precursor to Biofuels
5.4 Future Trends
5.4.1 Rising Demand for Specialty Chemicals
5.5 Impact Analysis

6. NATURAL BUTYRIC ACID MARKET – SOUTH AMERICA ANALYSIS

6.1 South America Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
6.2 South America Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

7. SOUTH AMERICA NATURAL BUTYRIC ACID MARKET ANALYSIS – BY APPLICATION

7.1 Overview
7.2 South America Natural Butyric Acid Market, By Application (2021 and 2028)
7.3 Dietary Supplements
7.3.1 Overview
7.3.2 Dietary Supplements: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Dietary Supplements: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
7.4 Animal Feed
7.4.1 Overview
7.4.2 Animal Feed: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Animal Feed: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
7.5 Flavors & Fragrances
7.5.1 Overview
7.5.2 Flavors & Fragrances: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)
7.5.3 Flavors & Fragrances: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
7.6 Chemical Intermediate
7.6.1 Overview
7.6.2 Chemical Intermediate: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)
7.6.3 Chemical Intermediate: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
7.7 Pharmaceutical
7.7.1 Overview
7.7.2 Pharmaceutical: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)
7.7.3 Pharmaceutical: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
7.8 Others
7.8.1 Overview
7.8.2 Others: Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Mn)
7.8.3 Others: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)

8. SOUTH AMERICA NATURAL BUTYRIC ACID MARKET – COUNTRY ANALYSIS

8.1 Overview
8.1.1 South America: Natural Butyric Acid Market, by Key Country
8.1.1.1 Brazil: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
8.1.1.2 Brazil: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 Brazil: Natural Butyric Acid Market, by Application
8.1.1.2.2 Brazil: Natural Butyric Acid Market, by Application
8.1.1.3 Argentina: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
8.1.1.4 Argentina: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 Argentina: Natural Butyric Acid Market, by Application
8.1.1.4.2 Argentina: Natural Butyric Acid Market, by Application
8.1.1.5 Rest of South America: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
8.1.1.6 Rest of South America: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of South America: Natural Butyric Acid Market, by Application
8.1.1.6.2 Rest of South America: Natural Butyric Acid Market, by Application

9. INDUSTRY LANDSCAPE

9.1 Overview
9.2 Market Initiative
9.3 Merger and Acquisition

10. COMPANY PROFILES

10.1 Merck KGaA
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Biosynth AG
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Elan Chemical Co
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Ernesto Ventos SA
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Phoenix Aromas & Essential Oils LLC
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Berje Inc
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Eastman Chemical Co
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments

11. APPENDIX

11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES

Table 1. South America Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South America Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
Table 3. Brazil Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 4. Brazil Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Argentina Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 6. Argentina Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Rest of South America Natural Butyric Acid Market, by Application – Volume and Forecast to 2028 (Tons)
Table 8. Rest of South America Natural Butyric Acid Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 9. Glossary of Terms
LIST OF FIGURES

Figure 1. South America Natural Butyric Acid Market Segmentation
Figure 2. South America Natural Butyric Acid Market Segmentation – By Country
Figure 3. South America Natural Butyric Acid Market Overview
Figure 4. South America Natural Butyric Acid Market, By Application
Figure 5. South America Natural Butyric Acid Market, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. South America Natural Butyric Acid Market, Ecosystem
Figure 8. Expert Opinions
Figure 9. South America Natural Butyric Acid Market Impact Analysis of Drivers and Restraints
Figure 10. South America Natural Butyric Acid Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. South America Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
Figure 12. South America Natural Butyric Acid Market Revenue Share, By Application (2021 and 2028)
Figure 13. Dietary Supplements: South America Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Dietary Supplements: South America Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 15. Animal Feed: South America Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Animal Feed: South America Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 17. Flavors & Fragrances: South America Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Flavors & Fragrances: South America Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 19. Chemical Intermediate: South America Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Chemical Intermediate: South America Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 21. Pharmaceutical: South America Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Pharmaceutical: South America Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 23. Others: South America Natural Butyric Acid Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Others: South America Natural Butyric Acid Market –Volume and Forecast To 2028 (Tons)
Figure 25. South America: Natural Butyric Acid Market, by Key Country – Revenue (2021) (US$ ‘Million)
Figure 26. South America: Natural Butyric Acid Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Brazil: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
Figure 28. Brazil: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Argentina: Natural Butyric Acid Market –Volume and Forecast to 2028 (Tons)
Figure 30. Argentina: Natural Butyric Acid Market –Revenue and Forecast to 2028 (US$ Million)


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