Ethoxyquin Market to exhibit 3.5% CAGR between 2020 and 2030
Future Market Insights (FMI) forecasts the ethoxyquin market to exhibit 3.5% CAGR between 2020 and 2030. Despite an overall positive outlook, FMI fears stunted growth amid ban imposed on ethoxyquin use in the EU. Nonetheless, growth is expected to remain steady in North America, backed by FDA approval on ethoxyquin (EQ) use in specified limit. FMI offers an executive-level blueprint of the global ethoxyquin market in its latest report. It covers the factors market players could capitalize on to enjoy sustainable growth through the course of the forecast period. According to FMI, the market’s valuation stood at US$ 230 Mn in 2019. The continued application of ethoxyquin in animal and fish feed stands as the chief market driver. As a preservative, it has proven high level of efficacy in preventing lipid peroxidation. Ethoxyquin is not intended for human consumption, however, it might be carried ahead by poultry or farmed fish. To Get Sample Copy of Report visit @ ...