The global halquinol market is anticipated to grow at a significant CAGR 7.7% during the forecast period (2022-2028). Halquinol is an antimicrobial compound. It belongs to the hydroxyl-quinolines group which is a combination of 5-Chloro-8-hydroxyquinoline, 5,7-Dichloro-8-hydroxyquinoline. 7-Chloro-8-hydroxyquinoline. Additionally, it exerts its antibacterial activity in the digestive tract when taken orally. The major factor driving the demand for the global halquinol market during the forecast period is the increasing adoption of halquinol over conventional antibiotics. across the globe.
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Moreover, it is used as a feed additive for poultry as well as a pig growth promotor and is used to treat nonspecific diarrhea in pigs. Additionally, it has a significant chlorinated derivative of 8 hydroxyquinolines and is used actively against protozoal organisms and Gram-positive & Gram-negative bacterial infections in animals. The growing application of halquinol as an additive in poultry or animal feed is expected to further drive the growth of the global halquinol market during the forecast period. However, the growth of the market is hampered due to the lack of awareness about the advantages of halquinol.
Apart from this, based on application, the market is sub-segmented into veterinary medicine, feed, and others. Feed is anticipated to hold a prominent share in the market owing to its application as a growth promoter. Halquinol is used as a growth promoter in animal feed. It increases the fat content of animals and improves their weight gain. Additionally, it also supports to reduce body fat deposition in animals such as poultry, swine, and cattle which increases the Conjugated linoleic acid (CLA) levels to increase milk production, muscle mass, bone strength and improved quality meat. Some major players in the market include Lonza Group, and Qualicaps LLC, among others.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Lonza Group, and Qualicaps LLC, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Halquinol Market Report by Segment
By Type
- 95% Content
- <95% Content
By Application
- Veterinary Medicine
- Feed
- Others
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Halquinol Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Lonza Group
- Qualicaps LLC
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