Ethoxyquin Market: Global Market Estimation, Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Ethoxyquin Market: By Product Type (Ethoxyquin-33 Powder, Ethoxyquin-66 Powder, and Ethoxyquin-95 Oil), By End User (Pet Feed Industries, Agriculture Industries, Aquaculture Feed Industries, Animal Feed Industries, and Others), and Geography

 

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Report

Description

The global ethoxyquin market was size valued USD 198.02 million in 2020 and expected to reach USD 312.08 million by 2027, at a CAGR of 3.8% during the forecast period 2021-2027. Ethoxyquin is an anti-oxidant widely used as a preservative to prevent the rancidification of fats to ensure longer shelf-life. In certain countries ethoxyquin is used as pesticide to control the pears scald after harvesting. Moreover, ethoxyquin also used to prevent the color loss due to the oxidation of natural carotenoid pigments and slowdown the oxidation of vitamin A, vitamin E, and xanthophyll in animal feed products.

Ethoxyquin Market

MARKET SUMMARY
-
3.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 3.8%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Ethoxyquin Market

  • The report on global ethoxyquin market gives historical, current and future market sizes (US$ Bn) based on product type, end user and region.
  • ethoxyquin market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Archer Daniels Midland Company
  • DuPont Nutrition & Health
  • Cargill, Incorporated
  • Nutreco N.V.
  • Royal DSM
Ethoxyquin Market

Drivers And Restraints

Increase in the demand for high quality animal feed products, rise in number of aquaculture and poultry farming, increase in awareness about the use of anti-oxidants for reducing the feed cost, and diversification of business by the market players are anticipated to fuel the global ethoxyquin market. However, stringent regulations for ethoxyquin usage, suspension of ethoxyquin in certain EU countries due to toxicity of ethoxyquin, and availability of alternative products such as BHT and BHA may restrain the growth of global ethoxyquin market over the forecast period.


North-America got significant share

Ethoxyquin Market

Geographically, global ethoxyquin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America ethoxyquin market is growing due to regulatory approvals for the use of ethoxyquin in animal feed, rise in consumption of ethoxyquin-95 in aquaculture feed industries, and high awareness about the anti-oxidants usage in animal feed are expected to propel the market over the forecast period. However, there is a small decline is observed in the Europe ethoxyquin market due to the stringent government regulations and ban on ethoxyquin usage in animal feed in certain EU countries by EFSA are effecting the market growth negatively. Asia Pacific ethoxyquin markethas a lucrative growth, which is attributed to increase in the number of livestock industries, growth in adoption of feed premixes and other packaged feed products, and rise in meat consumption in India and China to boost the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Notable Market Developments

  • In April 2017, FDA’s Center for Veterinary Medicine (CVM) reminded the industries about the safe use requirements and labelling of ethoxyquin used in animal feed

Key

Key Features of the Report

Ethoxyquin Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Archer Daniels Midland Company (U.S.)
  • DuPont Nutrition & Health (Denmark.)
  • Cargill, Incorporated (U.S.)
  • Nutreco N.V. (Netherlands)
  • Royal DSM (U.S.)
  • Alltech, Inc. (U.S.)
  • Novus International (U.S.)
  • Kemin Industries, Inc. (U.S.)
  • Jiangsu Zhongdan Group Co. Ltd. (China)

Description

The global ethoxyquin market was size valued USD 198.02 million in 2020 and expected to reach USD 312.08 million by 2027, at a CAGR of 3.8% during the forecast period 2021-2027. Ethoxyquin is an anti-oxidant widely used as a preservative to prevent the rancidification of fats to ensure longer shelf-life. In certain countries ethoxyquin is used as pesticide to control the pears scald after harvesting. Moreover, ethoxyquin also used to prevent the color loss due to the oxidation of natural carotenoid pigments and slowdown the oxidation of vitamin A, vitamin E, and xanthophyll in animal feed products.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX