Ethoxyquin Market Industry Insights, Trends and Outlook By 2025

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Ethoxyquin Market- Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2018-2025

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REPORT DESCRIPTION
Ethoxyquin Market Overview
Ethoxyquin are quinoline-based antioxidants that
find wide application in various end-use
industries such as poultry, pet food, chemicals,
and pesticides. These preservatives are used to
lower the rate of oxidation of several food
products. For instance, fish oils and krill meals
are the basic raw material used to manufacture
omega 3 ingredients, which undergo rapid
oxidation when exposed to the environment. Thus,
anti-oxidizing agent or anti-oxidants are used to
preserve these raw materials, which in turn is
expected to boost the ethoxyquin market during
2017-2025, as it is a widely-used antioxidant for
industrial application. In terms of end-use
industry, the global ethoxyquin market is
segmented into pesticides, pet food, aquaculture,
poultry, chemicals and others. The market is
dominated by the aquaculture end-use industry
segment in 2016 and the trend is expected to
continue during the forecast period. According to
Coherent Market Insights, the market for
aquaculture is expected to expand at a CAGR of
4.23 during 2017-2025. Growing demand from
agricultural sector is boosting growth of the
ethoxyquin market. Ethoxyquin is widely used in
pesticides. Ethoxyquin is also used in various
spices as an antioxidant, as it lowers the rate
of color loss of natural carotenoid pigments.
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REPORT DESCRIPTION
This creates a highly conducive environment for
growth of the global ethoxyquin market. For
instance, according to the India Brand Equity
Foundation (IBEF)a Trust established by the
Department of Commerce, Ministry of Commerce and
Industry, Government of IndiaIndia is the
largest consumer, producer and exporter of
various spices and spice products and second
largest in the production of fruits worldwide. In
2016-2017, the Indian horticulture production is
estimated to produce 287.3 million tons. The
global ethoxyquin market size is estimated at US
172.5 million (revenue) in 2016 and is expected
to expand at a CAGR of 4.23 in terms of revenue
during 2017 2025. Ethoxyquin Market
Dynamics Ethoxyquin are highly effective
preservative used to slow down the oxidation of
vitamins A E, xanthophyll and carotene in pet
food products coupled with increasing the
self-life of the end product. Increasing trend of
pet ownership across the world, in turn fuels
demand for pet food. This is a major factor
projected to fuel growth of the ethoxyquin market
during the forecast period. Growing trade
activities and propelling demand for processed
food across the world is further expected to
create a conducive environment for growth of the
ethoxyquin market. Request Sample Copy of this
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REPORT DESCRIPTION
Regional Insights North America, followed by
Europe and Asia Pacific, respectively accounted
for major share in the global ethoxyquin market
in terms of revenue in 2016 and the trend is
projected to remain the same over the forecast
period. In 2016, North America held a market
share of 33.10 in terms of value, followed by
Europe (28.10) in ethoxyquin market. Increasing
demand for ethoxyquin from food industry across
North America is propelling the market growth,
due to growing public awareness for healthy diet
and supplements food. According to a study
conducted by Coherent Market Insights, the global
ethoxyquin 33 powder market is expected to
witness a CAGR of 4.22 during 20172025, which
in turn is expected to fuel growth of the global
ethoxyquin market. Product portfolio expansion
and geographical expansion are the key market
trends which are expected to shape the industry
in the near future. Major players in the global
ethoxyquin market include Camlin Fine Sciences
Ltd., Merck KGaA, Mitsui Co. Ltd., Shanghai
Fuda Fine Material Co. Ltd., Skystone Feed Co.
Ltd., Industrial Técnica Pecuaria S.A., Kemin
Industries Inc., Jiangsu Zhongdan Group Co. Ltd.,
Impextraco N.V., Rensin Chemicals Ltd. and among
others. To Get Discount on this
Reporthttps//www.coherentmarketinsights.com/insi
ght/request-discount/398
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