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Some of the major industry players operating in the Ethoxyquin market are:
Phibro Animal Health Corporation among others.
Animal feed industry segment held a dominant market share in 2022 and is anticipated to grow at 4.7% CAGR through 2032 as the product is added to pet food to protect essential nutrients and prevent the degradation of fats and oils, maintaining the nutritional value of the food.
Global market value for ethoxyquin was around USD 219.2 million in 2022 and is estimated to reach USD 339.3 million by the end of 2032.
Novus International, Inc., Merck Animal Health, BASF SE, Nutreco N.V., Perstorp Group, Kemin Industries, Inc., Cargill, Incorporated, Adisseo Group, Alltech, Inc., Evonik Industries AG, DSM Nutritional Products, Zhejiang Medicine Co., Ltd., Vetagro SpA, Impextraco NV, Phibro Animal Health Corporation among others.
U.S. market size was USD 44.5 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, backed by the thriving livestock sector that extensively uses ethoxyquin for animal feed.