Ethoxyquin Market size and growth: Ethoxyquin size was around USD 49.4 million in 2018. It is expected to grow at a CAGR of 4.8% to reach USD 62.45 million by 2023.
Ethoxyquin Market Overview:
It captures 26% of the global market. Ethoxyquin is an animal feed which 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.
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Ethoxyquin Market Drivers and Restraints:
Population boom has led to an increase in the demand for dairy, meat, sea food, and poultry products across the globe and it is the primary driver for this market. Besides that, minimized feed wastages due to oxidation and high prices of feed are the secondary factors driving the growth of this market. Stringent compliance on government policies and cumbersome bureaucratic procedures in this industry are the primary restraint of this market.
Report segmented as
By Product Type:
• Ethxyquin-95 Oil
• Ethxyquin-66 Powder
• Ethxyquin-33 Powder
By Application:
• Pesticides
• Pet Food Preservatives
• Poultry Industry
• Aquaculture Industry
• Spice Colour Preservatives
• Industrial Application

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Geographical Analysis:
By geography, the Europe Ethoxyquin has been categorized into UK, Spain, Germany, France and others. It is second largest in terms of market share. UK is the leading player in the region. Stringent regulations and bans on various products is confining growth in this region.
Important 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.
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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