Market Challenges And Opportunities

Ethoxyquin Market Dynamics

Ethoxyquin are highly effective preservative used to slow down the oxidation of vitamins A & E, xanthophyll and carotene in pet food products coupled with increasing the self-life of the end product. Increasing trend of pet ownership across the world, in turn fuels demand for pet food. This is a major factor projected to fuel growth of the ethoxyquin market during the forecast period. Growing trade activities and propelling demand for processed food across the world is further expected to create a conducive environment for growth of the ethoxyquin market. However, stringent government regulations for the use of ethoxyquin is expected to be the key challenges for the market growth. For instance, the European Food Safety Authority (EFSA) --- permits the use of 150mg/kg in feed.