Ethoxyquin Market trends research and projections for 2019-2025 Ethoxyquin Market

Ethoxyquin Market share research by applications
and regions for 2019-2025: Global Market Insights
Inc.
According to new Global Market Insights, Inc, chemical research report Ethoxyquin
Market size is likely to see lucrative gains in the projected period due to rising
consumption in pet food, preservatives, effective pesticides, international trade and
agricultural output. It is an antioxidant widely used in pet feed to protect it against lipid
peroxidation. Increasing feed prices, minimized feed wastage and awareness
regarding feed antioxidant’s role to bring feed cost down should drive market growth.
Ethoxyquin market size may grow owing to rising adoption of pets, food trade across
the globe, fish meals, need for preservatives in poultry, growing feed prices and
significant demand in agricultural sector. Global aquaculture market size is likely to
surpass USD 225 billion in the forecasted period on account of its increased demand
in fish meal products in India, China, Indonesia, and high consumption of shrimps &
fish which should increase market share.
Ethoxyquin is an antioxidant used in food preservatives to control scald on pears after
harvest. The product is extensively used as an insecticide, fungicide, anti-degradation
agents, plant growth regulators and herbicides which make market flexible and
profitable. Global market demand is also experiencing considerable rise due to
increased need of efficient preservation of poultry & fish meals. Significant rise in the
food trade is likely to boost ethoxyquin market growth in the forecasted timeframe.
Ethoxyquin market is segmented into pet food preservative, pesticides, and spice color
preservatives. Increased pesticide usage in agriculture sector to minimize crop
production losses and significant nutritional potentials of the product should boost
market growth. Global pesticides market size is likely to surpass USD 310 billion by
2025 on account of high yield per acre. Various government initiatives for weed
management to protect crops would further boost product market.
Ethoxyquin finds many applications in poultry, aquaculture and spice color
preservatives. Global poultry market share is likely to surpass USD 5.0 billion in the
forecasted period owing to lack of any religious implications and increased animal
protein demand that are associated with beef and pork. Prevalence of poultry diseases
have an adverse impact on its market growth represents growing need for addition of
preservatives in poultry feed consequently fueling ethoxyquin market demand.
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