ETHOXYQUIN MARKET ANALYSIS
Regional Insights
North America, followed by Europe and Asia Pacific, respectively accounted for major share in the global ethoxyquin market in terms of revenue in 2016 and the trend is projected to remain the same over the forecast period. In 2016, North America held a market share of 33.10% in terms of value, followed by Europe (28.10%) in ethoxyquin market. Increasing demand for ethoxyquin from food industry across North America is propelling the market growth, due to growing public awareness for healthy diet and supplements food. According to a study conducted by Coherent Market Insights, the global ethoxyquin 33 powder market is expected to witness a CAGR of 4.22% during 2017–2025, which in turn is expected to fuel growth of the global ethoxyquin market.
Figure 1. Global Ethoxyquin Market Share by End Use Industry in 2016
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