Global Ethoxyquin Market is Expected to Reach $233.60 million by 2023
Market Research Report on Global Ethoxyquin Market
RAIPUR, INDIA, January 24, 2018 /EINPresswire.com/ --Report Sellers has added a new market research report “Ethoxyquin - Global Market Outlook (2017-23)” to its offerings.
According to Report, the Global Ethoxyquin Market is expected to grow from $150.10 million in 2016 to reach $233.60 million by 2023 with a CAGR of 6.5%. The adoption of pets across the world is the emerging trend having significant impact for the growth of Ethoxyquin market as it is used as a preservative in pet products. Increase in the food trade around the world, growing requirement for pet food products, rising feed prices, need for preservatives in poultry and fish meals and rising demand from agricultural sector are some of the key factors propelling the market growth. However, strict government rules the usage of chemicals in pet food products is hindering the market growth.
By Application, the aquaculture segment holds the largest market share due to its wide applications of Ethoxyquin in this sector. Intensifying demand for fish and fishmeal products in developing economies and growing consumption of fish and shrimps among people are the factors contributing to the growth of this segment in the market.
Geographically, North America holds the largest market share due to the less regulation on the usage of antioxidants. Ethoxyquin is used in pet food preservatives and pesticides in this region while its consumption doesn’t exceed the specified level. Increasing usage of ethoxyquin-95 in the poultry and the aquaculture industries and demand from food industry the region is expected to dominate the market in upcoming years. In addition, Asia Pacific region is the fastest growing owing to rapid industrialization and increasing meat and protein consumption.
Some of the key players in the Ethoxyquin market are Mitsui & Co. Ltd, Novus International, Skystone Feed Co, Impextraco N.V, Shanghai Fuda Fine Material Co. Ltd, Jiangsu Zhongdan Group, DuPont Nutrition & Health, Nutreco N.V., Perstorp Group, Kemin Industries Inc, Archer Daniels Midland Company, Cargill Inc, Merck KGaA, Royal DSM, Industrial Tecnica Pecuaria S.A. and Rensin Chemicals.
Browse through the complete description and in-depth TOC on “Global Ethoxyquin Market”
https://www.reportsellers.com/market-research-report/Ethoxyquin---Global-Market-Outlook-2017-2023
What does the Report Offers
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
Report Scope
Global Ethoxyquin Market has been segmented by applications covered, products covered and regions covered
Applications covered:
Poultry Industry
Spice Color Preservatives
Aquaculture Industry
Pesticides
Industrial Application
Pet Food Preservatives
Chemicals
Other Applications
Products covered:
Ethxyquin-66 Powder
Ethxyquin-95 Oil
Ethxyquin-33 Powder
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Request sample here https://www.reportsellers.com/market-research-report/Ethoxyquin---Global-Market-Outlook-2017-2023
We have a large number of reports in Food & Beverage Industry which can be accessed in the following link: https://www.reportsellers.com/category/food-beverage-market-research-report
About Report Sellers
Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
Aditya Joshi
Report Sellers
+1-214-396-2385
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
