Oxygen scavengers are added to enclosed packaging that helps to remove or decrease the oxygen level in the package. These are used to help maintain product safety and extend shelf life. It also protects food products against oxygen degradation, thus increasing shelf life, customer acceptability, and food safety. The use of oxygen scavengers in packaging kills the need for preservatives, hence improving the quality of products offered to the consumer.
MARKET DYNAMICS
The oxygen scavengers market has witnessed a significant growth owing to factors such as growing popularity of oxygen scavengers due to their inherent distinct advantages. Moreover, the rising demand for active packaging techniques that protect the food from microorganisms and help in retaining the nutrient value provide a huge market opportunity for the key players operating in the oxygen scavengers market. However, the non-volatile nature of oxygen scavengers is projected to hamper the overall growth of the oxygen scavengers market.
MARKET SCOPE
The "Global Oxygen Scavengers Market Analysis to 2028"? is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the oxygen scavengers market with detailed market segmentation type, end user, and geography. The global oxygen scavengers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading oxygen scavengers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global oxygen scavengers market is segmented on the basis of type and end user. On the basis of type, the global oxygen scavengers market is divided into metallic and non-metallic. On the basis of end user, the global oxygen scavengers market is divided into food and beverage, pharmaceutical, power, oil and gas, chemical, pulp and paper, and other end-user industries.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global oxygen scavengers market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The oxygen scavengers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the oxygen scavengers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the oxygen scavengers market in these regions.
MARKET PLAYERS
The reports cover key developments in the oxygen scavengers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from oxygen scavengers market is anticipated to lucrative growth opportunities in the future with the rising demand for oxygen scavengers in the global market. Below mentioned is the list of few companies engaged in the oxygen scavengers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the oxygen scavengers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Accepta Ltd.
- Arkema Group
- Baker Hughes
- BASF SE
- Clariant International Ltd.
- Ecolab
- Innospec Inc
- MITSUBISHI GAS CHEMICAL COMPANY INC.
- Sealed Air Corporation
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