openPR Logo
Press release

Ethoxyquin Market: Rising Trend of Pet Adoption to Boost Industry Growth

01-04-2018 06:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Ethoxyquin Market: Rising Trend of Pet Adoption to Boost

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.

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.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19373

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.

Obtain Report Details @ https://www.transparencymarketresearch.com/ethoxyquin-market.html

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.

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.

Transparency Market Research
90 State Street, Suite 700,
Albany, NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ethoxyquin Market: Rising Trend of Pet Adoption to Boost Industry Growth here

News-ID: 883868 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Ethoxyquin

Ethoxyquin Market to Witness Impressive Growth by 2025
The global ethoxyquin market is competitive in nature. Most of the companies are relying on advancements in technology and innovation in order to expand their business and acquire more shares in the market. In the years to come, it is anticipated that players within the market will strive towards setting up their units in emerging economies, says Transparency Market Research (TMR) in its new report. Players are expected to achieve
Increasing Popularity of Ethoxyquin as Preservative To Amplify Global Ethoxyquin …
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
Global Ethoxyquin Market: Increasing Popularity of Ethoxyquin as Preservative to …
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
Ethoxyquin Market Key Developments with Forecast until 2025
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
Global Ethoxyquin Market - Increasing Popularity of Ethoxyquin as Preservative t …
The global market for ethoxyquin has been witnessing a significant upsurge in its size and valuation, thanks to the increased pet adoption across the world. Since ethoxyquin, as a preservative, is highly efficient in slowing down the oxidation of carotene, xanthophyll, and vitamin A and vitamin E in pet food products, to ensure long shelf-life, its demand is rising substantially with the augmenting need for pet food products, reflecting greatly
Ethoxyquin Market
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