Ethoxyquin Market expectation surges with changing trends and higher demand by industry analysis through 2025
Ethoxyquin is a highly effective food preservative
that is used in pet foods in many countries around the world. It is also used
as a pesticide to control bacterial growth after harvest. Ethoxyquin is used to
regulate the production of lipid oxidation compounds and to reduce fat
oxidation in animal diets. Demand for livestock feed is rapidly increasing as
demand for dairy and poultry products rises globally.
North
America, Europe, Asia-Pacific, the Middle East, and Africa, and Latin America
are the five major geographical segments of the ethoxyquin
market. North America has the largest market share and contributes the
most revenue to the ethoxyquin market. The global ethoxyquin market has seen a
significant increase in size and valuation. The increasing need for efficient
preservation for demand for poultry and fish meals is also influencing the,
thereby increasing the demand for ethoxyquin globally. Ethoxyquin is also
well-established in Europe and the Asia Pacific. While the Asia Pacific is expected to
increase its overall share in the near future due to the increased use of
ethoxyquin-66 powder, the market in Europe is expected to decline due to
government regulations regarding the use of ethoxyquin.
Ethoxyquin-95
oil is in much higher demand than the other two due to the increasing demand
for fishmeal around the world, which is fueled by people's increased
consumption of fish and shrimp. This trend is expected to continue in the
coming years, according to analysts. The rising demand for effective poultry
and fish meal preservation is also having a significant impact on ethoxyquin
demand, which is expected to remain stable in the coming years. Another factor
that is likely to boost this market is the phenomenal rise in the global food
trade. Ethoxyquin is also well-established in Europe and the Asia Pacific.
While the Asia Pacific is likely to report a rise in its overall share in the near
future, thanks to the increasing usage of ethoxyquin-66 powder, the market in
Europe will be experiencing a decline in its share due to the government
regulations regarding the usage of ethoxyquin. Ethoxyquin is widely used in the
poultry industry, pesticides, pet food preservatives, spice color
preservatives, industrial applications, and aquaculture. However, the toxicity
of ethoxyquin, the application of strict regulations, and the difficulties in
implementing antioxidants may stifle market growth in the coming years.
Comments
Post a Comment