Ethoxyquin is basically a quinoline-based antioxidant that is used as a food preservative by the food processing companies in certain countries and primarily to control scald on pears after the harvest. It is also used as a preservative by the manufacturers of some pet foods to slow the development of the rancidity of fats. Ethoxyquin is further used in some spices to prevent color loss due to oxidation of the natural carotenoid pigments. It can be carried ahead in pet feed to farmed fish and also in poultry farming, which makes human consumption possible.
MARKET DYNAMICS
The ethoxyquin market has witnessed a significant growth owing to factors such as wider application in into pesticides, pet food preservatives, poultry industry, aquaculture industry, spice color preservatives, and other industrial application. This market is expected to witness high demand over the forcasted period on account of rising consumption of pet food preservatives, increasing trade of food items among distant countries, growing need for effective pesticides, and rising global agricultural output. However, government regulations and processing costs may impact on the growth of the ethoxyquin market. Nevertheless, with the steady growth in the food & feed processing industry and aquaculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Ethoxyquin Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethoxyquin market with detailed market segmentation by application, product type, and geography. The global ethoxyquin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethoxyquin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethoxyquin market is segmented on the basis of application, and product type. The ethoxyquin market on the basis of the application is classified into pesticides, pet food preservatives, poultry industry, aquaculture industry, spice color preservatives, and other industrial application. On the basis of product type, global ethoxyquin market is bifurcated into Ethxyquin-95 Oil, Ethxyquin-66 Powder, and Ethxyquin-33 Powder.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethoxyquin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ethoxyquin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ethoxyquin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ethoxyquin market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global ethoxyquin market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ethoxyquin market are anticipated to lucrative growth opportunities in the future with the rising demand for ethoxyquin in the global market. Below mentioned is the list of few companies engaged in the ethoxyquin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ethoxyquin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Adisseo
- Alltech
- Archer Daniels Midland Company
- Cargill, Incorporated
- DuPont Nutrition & Health
- Kemin Industries, Inc.
- Novus International
- Nutreco N.V.
- Perstorp Group
- Royal DSM
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.