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Ethoxyquin Market - Global Industry Analysis, Size, Share, Growth 2024 | Research Report

Ethoxyquin Market - Global Industry Analysis, Size, Share,

Led by Rensin Chemicals, Jiangsu Zhongdan Group, Impextraco, Kemin Industries, and Skystone Feed Co., the global market for ethoxyquin displays a competitive landscape, states a research report by Transparency Market Research (TMR). These companies mostly rely on innovation and advancements to expand their businesses. Over the coming years, a shift in partcipants’ focus towards setting up subsidiary units in developing countries and involving actively in mergers and acquisitions can be observed, states the market report.

This 196 page report gives readers a comprehensive overview of the Ethoxyquin Market. Browse through to unlock the hidden opportunities in this market @

http://www.transparencymarketresearch.com/ethoxyquin-market.html

According to the research study, the opportunity in the worldwide market for ethoxyquin is anticipated to progress at a CAGR of 4.50% during the period from 2017 to 2025, rising from US$172.2 mn in 2016 to US$255.0 mn by the end of the forecast period. Ethoxyquin-95 oil is reporting a much higher demand than the other two on the grounds of the increasing need for fishmeal across the world, boosted by the rising consumption of fish and shrimps among people. Analysts expect this trend to remain so over the forthcoming years.

Aquaculture Industry to Continue Reporting High Demand for Ethoxyquin

As per the research report, the poultry industry, pesticides, pet food preservatives, spice color preservatives, industrial applications, and the aquaculture sector are the main application areas of ethoxyquin. Among these, the aquaculture industry has been registering a significantly higher demand for ethoxyquin and, thanks to the augmenting demand for fish and fishmeal products in developing economies, the segment is expected to continue doing so throughout the period of the forecast.

The report further presents a regional analysis of the worldwide market for ethoxyquin. According to it, Asia Pacific, the Middle East and Africa, North America, Latin America, and Europe are the prime regional markets for ethoxyquin across the world. In 2016, North America emerged as the leading regional market with a share of nearly 30% in the overall market. This regional market is likely to remain dominant over the forthcoming years, thanks to the growing consumption of ethoxyquin-95, specifically in the poultry and the aquaculture industries, notes the research study.

Rising Trend of Pet Adoption to Boost Market’s Growth

“The significant rise in the trend of pet adoption, worldwide, is having the most prominent impact on the global market for ethoxyquin,” says an analyst at TMR. Ethoxyquin is a highly effective preservative, which helps in slowing down the oxidation of xanthophyll, carotene, and vitamin A and vitamin E in pet food products, ensuring their long shelf-life. Owing to this factor, the demand for ethoxyquin is increasing remarkably with the rising requirement for pet food products, leading to a substantial rise in the global market.

Get accurate market forecast and analysis on the Ethoxyquin Market. Request a sample to stay abreast on the key trends impacting this market @

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The growing need for effective preservation of poultry and fish meals is also reflecting greatly on the demand for ethoxyquin and is expected to continue doing so over the next few years. Another factor, which is likely to boost this market is the phenomenal rise in the food trade across the world. However, the increasing knowledge of toxicity of ethoxyquin and the enforcement of strict regulations regarding the usage of chemicals in pet food may limit the growth of this market in the near future, states the research report.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Ethoxyquin is a highly efficient food preservative used in pet foods in several countries worldwide. It is also used as pesticides to control post-harvest bacterial growth. Ethoxyquin is used to control the generation of lipid oxidation compounds and minimize the oxidation of fats in animal diets. The demand for livestock feed is increasing rapidly as there is a rise in demand for dairy and poultry products worldwide. Ethoxyquin is popularly