Press release
Food Grade Butyric Acid Market Size Growth Rate by Application 2021 Analysis, Share, Manufacturers, Growth Factor and Forecast to 2027 - Eastman Chemical Company, Perstorp Group, Beijing Huamaoyuan Fragrance Flavor Co., ltd.
The Food Grade Butyric Acid Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Food Grade Butyric Acid Market Size is Projected to Reach at a CAGR of 15% during 2021-2027.
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Top Leading Companies:
Eastman Chemical Company, Perstorp Group, Beijing Huamaoyuan Fragrance Flavor Co., ltd., Inc., Innova Global (India), SiscoResearchLaboratoriesPvt. Ltd., Yufeng International Co.,Ltd, OXEA GmbH, Blue Marble Biomaterials
Recent Development:
Oxea GmbH, part of the Oman Oil Company & Orpic Group, joined eight other companies in a process to create a new, integrated energy company that will trade under the brand name OQ. OQ launched an integration program to form one company from nine core assets: Orpic, Oman Oil Company, Oman Oil Company Exploration and Production, Oman Gas Company, Duqm Refinery, Salalah Methanol Company, Oman Trading International, Oxea, and Salalah Liquified Petroleum Gas. OQ aims to become a global leading energy company, capturing and capitalizing on greater participation in the global hydrocarbon value chain.
Yunfeng Financial International Holdings Ltd. agreed to acquire the entire issued share capital of YUVAN Ltd., a holding company whose sole significant asset is a 9.8% stake in YF Life Insurance International Ltd. YF Life International is the former MassMutual Asia, which Yunfeng Financial Group Ltd. acquired in 2018. At the time, it purchased 60% of the company, with 40% held by seven other shareholders, including Meyu International-owned YUVAN. The consideration for YUVAN is HK$1.56 billion, payable in cash at completion. The consideration will be funded by a shareholder loan from Key Imagination Ltd., an indirect shareholder of Yunfeng Financial Group.
Food Grade Butyric Acid Market Segmentation by Type:
Synthetic Butyric Acid
Renewable Butyric Acid
Food Grade Butyric Acid Market Segmentation by Application:
Dairy products
Animals Feed
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The Asia Pacific Dominates the Market:
The Asia Pacific is estimated to hold one-third of the total market for Food Grade Butyric Acid, as demand for dairy products such as milk, cheese, butter, etc. is growing in the countries such as India, China. This region is also a major contributor to the global dairy product production which significantly propels the food-grade butyric acid demand. The growing population and demand for food create numerous opportunities for the Food Grade Butyric Acid market in the region. Followed by Asia Pacific North America have the major contribution to global dairy product consumption, as the U.S. is one of the major consumers of milk and cheese due to which Food Grade Butyric Acid demand is rapidly growing in North America region. Asia-Pacific region is expected to dominate the global market, owing to the highly developed healthcare sector in China, coupled with the continuous investments done in the region to advance the food processing and chemical sector through the years.
Regional Food Grade Butyric Acid Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Food Grade Butyric Acid Market Report:
Detailed overview of Food Grade Butyric Acid Market
Changing the Food Grade Butyric Acid market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Food Grade Butyric Acid market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Food Grade Butyric Acid Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Food Grade Butyric Acid Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Food Grade Butyric Acid industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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