Global Ethoxyquin Market Size, Share, Trends & Growth Forecast Report – Segmented By Product Type (Ethxyquin-95 Oil, Ethxyquin-66 Powder, And Ethxyquin-33 Powder), Application (Pesticides, Pet Food Preservatives, Poultry Industry, Aquaculture Industry, Spice Colour Preservatives, And Industrial Application), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Industry Analysis From (2024 to 2032)

Updated On: June, 2024

ID: 6988

Pages: 175

Global Ethoxyquin Market Size (2024 to 2032)

The global ethoxyquin market was valued at USD 220.25 million in 2023 and is anticipated to reach USD 230.16 million in 2024 from USD 327.13 million by 2032, growing at a CAGR of 4.5% from 2024 to 2032.

Ethoxyquin is an animal feed that is used to prevent rancidity or lipid peroxidation in fats. It controls the generation of lipid oxidation compounds and reduces the effects of oxidized fats in animal diets. It is not used on human food items, but it can be carried ahead either by pet feed to farmed and poultry, which might be consumed by human beings.

Market Drivers

The population boom has led to an increase in the demand for dairy, meat, seafood, and poultry products across the globe and it is the primary driver for this market. Besides that, minimized feed wastage due to oxidation and high feed prices are the secondary factors driving the growth of this market. Stringent compliance with government policies and cumbersome bureaucratic procedures in this industry are the primary restraints of this market.

REPORT COVERAGE

REPORT METRIC	DETAILS
Market Size Available	2023 to 2032
Base Year	2023
Forecast Period	2024 to 2032
CAGR	4.5%
Segments Covered	By Type, Application and Region.
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regions Covered	North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled	Industrial Técnica Pecuaria, S.A. (ITPSA), Shanghai Fuda Fine Material Co., Ltd., Mitsui & Co., Ltd., Merck KGaA, Camlin Fine Sciences Ltd., Rensin Chemicals Limited, Jiangsu Zhongdan Group Co. Ltd., Impextraco N.V, Kemin Industries, Inc., Skystone Feed Co. Ltd and Others.

SEGMENTAL ANALYSIS

Global Ethoxyquin Market By Type

Ethoxyquin-95 Oil
Ethoxyquin-66
Powder
Ethoxyquin-33 Powder

Global Ethoxyquin Market By Application

Pesticides
Pet Food Preservatives
Poultry Industry
Aquaculture Industry
Spice Colour Preservatives
Industrial Application

REGIONAL ANALYSIS

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Presently, North America accounts for the largest market and Asia-Pacific has the highest CAGR.

KEY MARKET PLAYERS

Major companies in the Ethoxyquin are Industrial Técnica Pecuaria, S.A. (ITPSA), Shanghai Fuda Fine Material Co., Ltd., Mitsui & Co., Ltd., Merck KGaA, Camlin Fine Sciences Ltd., Rensin Chemicals Limited, Jiangsu Zhongdan Group Co. Ltd., Impextraco N.V, Kemin Industries, Inc., Skystone Feed Co. Ltd.