Latin America Ethoxyquin Market

Latin America Ethoxyquin Market Size (2024 to 2029):

Latin America's ethoxyquin market size is expected to reach USD 44.68 million in 2024 and reach USD 78.74 million by 2029, growing at a CAGR of 12% from 2024 to 2029.  

Ethoxyquin is an animal feed that 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.

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.

This research report on the Latin American ethoxyquin market is segmented and sub-segmented into the following categories::

Latin America Ethoxyquin Market - By Type:

• Ethoxyquin-95 Oil
• Ethoxyquin-66 Powder
• Ethoxyquin-33 Powder

Latin America Ethoxyquin Market - By Application:

• Pesticides
• Pet Food Preservatives
• Poultry Industry
• Aquaculture Industry
• Spice Colour Preservatives
• Industrial Application

The market is led by the aquaculture end-use industry category in 2016 and the trend is likely to continue during the aforementioned forecast period.

Latin America Ethoxyquin Market – By Country:

• Brazil
• Argentina
• Chile
• Mexico
• South America
• Rest of Latin America

It is second to last in terms of market share. Brazil is the leading player in the region.

KEY 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.