Ethoxyquin is an animal feed to prevent lipid peroxidation or rancidity in fats. It is used to control the generation of lipid oxidation compounds and lessen the effects of oxidized fats in animal diets. It cannot be used in human food items, but it can be carried ahead either by pet feed to farmed and poultry, which may be consumed by human beings. However, the rapid growth of human population has increased the demand for dairy, meat, sea food, and poultry products across the globe is rising need for feeds for these livestock.
Rise in prices of feed and minimized feed wastages due to oxidation drive the market growth. In addition, increase in awareness for benefits of antioxidants on animal health fuels the market. However, strict government policies are projected to restrain the growth of the market. Moreover, growth inhibitors in pig diets are expected to open new opportunities in the market.
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The ethoxyquin market is segmented based on the product type, application, and geography. Based on the product type, it is divided into ethxyquin-95 oil, ethxyquin-66 powder, and ethxyquin-33 powder. Based on the application, it is classified into pesticides, pet food preservatives, poultry industry, aquaculture industry, spice color preservatives, and industrial application. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in this study include the following:
- Archer Daniels Midland Company
- Cargill, Incorporated
- DuPont Nutrition & Health
- Royal DSM
- Nutreco N.V.
- Kemin Industries, Inc.
- Perstorp Group
- Novus International
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global ethoxyquin market to elucidate the prevailing opportunities and potential investment pockets.
- It offers qualitative trends and quantitative analysis from 2017 to 2023 to assist stakeholders to understand the market scenario.
- In-depth analysis of the key segments demonstrates the use of ethoxyquin.
- Competitive intelligence of the industry highlights the business practices followed by the key players across geographies.
- The key players in the market are profiled along with their strategies and developments to understand the competitive outlook of the industry.
Ethoxyquin Market Key Segments
By Product Type
- Ethxyquin-95 Oil
- Ethxyquin-66 Powder
- Ethxyquin-33 Powder)
- Pet Food Preservatives
- Poultry Industry
- Aquaculture Industry
- Spice Color Preservatives
- Industrial Application
- North America
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