Vietnam, South Africa, and Mexico: The New Frontiers for Ethoxyquin Market Players


Posted January 25, 2025 by Datastring

Vietnam, South Africa, and Mexico are the fastest growing demand hubs within the $235.0 million Ethoxyquin market and expected to grow with a CAGR range of 3.2% and 4.2% for the period of 2025 to 2030.

 
Vietnam, South Africa, and Mexico are the fastest growing demand hubs within the $235.0 million Ethoxyquin market and expected to grow with a CAGR range of 3.2% and 4.2% for the period of 2025 to 2030. Poultry industry and aquaculture are major application areas for Ethoxyquin and market competition is fierce in these applications. Leading companies in the aquaculture industry such as Nutreco utilize Ethoxyquin as a preservative in fish feed to safeguard fishmeal and fish oil from oxidation induced rancidityโ€”the culprit behind quality degradation and maintain the health of fish while also decreasing feed spoilage and enhancing overall production output durability against high temperatures is particularly valuable, in aquaculture settings where feeds are frequently subjected to elevated heat levels during processing.

Leading players in such as Shandong Shouguang Kunli Import and Export, Merck KGaA, TCI Chemicals, Dow Chemicals, Shanghai Fuxin, Rensin Chemicals Industry, Jiangsu Zhongdan, Chemwill Asia Co. Ltd, Finoric LLC, Haihang Industry Co. Ltd, Impextraco and Mitsui Chemicals are pushing the boundaries of innovation and forging strategic partnerships to capture larger market share.

Check detailed insights here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ž๐ญ๐ก๐จ๐ฑ๐ฒ๐ช๐ฎ๐ข๐ง-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

The worldwide food sector is experiencing a shift towards organic products to encourage healthier living and decrease the reliance on artificial antioxidants such as Ethoxyquin which is resulting in a decrease in market size for this product category. This change is driven by a growing consumer consciousness about food safety and an increasing emphasis on healthcare measures. The increasing interest in feed supplements within the animal feed industry is predicted to cause a decline in the demand, for Ethoxyquin.

๐†๐ฅ๐จ๐›๐š๐ฅ & ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

As per research study, Ethoxyquin is expected to rise to $385.4 million by 2035 from $235.0 million of 2024 with a CAGR of 4.6%. In North America's Ethoxyquin market is experiencing growth as it is widely utilized in agriculture and poultry industries due to the increasing concern for food safety and preservation practices. The competitive landscape in the region is further enhanced by the participation of key industry players. Regulatory agencies taking steps to reduce chemical residues in food present growth potential, for manufacturers offering natural alternatives to Ethoxyquin.

๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐๐จ๐ฐ๐ง๐ฅ๐จ๐š๐๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž/๐ž๐ญ๐ก๐จ๐ฑ๐ฒ๐ช๐ฎ๐ข๐ง-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

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Last Updated January 25, 2025