Ethoxyquin Market Scope
Ethoxyquin is a quinoline-based antioxidant used as a food preservative in certain countries and originally to control scald on pears after harvest. It is primarily used as a preservative in pet foods and some human foods to protect fats and fat-soluble vitamins from oxidative degradation. Ethoxyquin effectively helps to reduce the risk of combustion in products such as krill or fish that are not kept frozen.
The Ethoxyquin market study is segmented, by Application (Animal Feed, Farmed Fish, Poultry and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Ethoxyquin market throughout the predicted period.
Archer Daniels Midland Company (United States), DuPont Nutrition & Health (United States), Royal DSM (Netherlands), Nutreco NV (Netherlnds), Adisseo (France), Kemin Industries (United States), Perstorp Group (Sweden), Novus International (United States), Alltech (United States) and Sigma-Aldrich (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Ethoxyquin market by Type, Application and Region.
On the basis of geography, the market of Ethoxyquin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In United States, Ethoxyquin is approved for use as an animal feed additive and is limited as a food additive only in the spices chili powder, paprika, and ground chili. However, in Norway and France, it was allowed in fishing industry and food pellets fed to farmed salmon until 2019, now to sell feed containing Ehtoxyquin is illegal. In Australia and European Union, it is not permitted for use as food additive.
- Increasing Investment in Product Innovation and Research by the Key Manufacturers
- Increased Demand of Chemical Preservatives to Extend the Shelf Life of the Pet Food
- High Consumption of Ethoxyquin to Reduce Risk of Combustion in Such Products That are not Kept Frozen
- Increased Demand of Meat, Poultry, and Sea Food Across the Globe
- Stringent Regulations of Government and Ban for the Use of Ethoxyquin in Food Products
- Some Harmful Effects in Animals and People May Create Challenges
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Ethoxyquin Manufacturers, Suppliers and Distributors of Ethoxyquin, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others