Oxygen Scavenger Market Global Outlook Analysis by Composition, Form and End-user Over 2019-2025
Oct 1, 2019
Oxygen Scavenger Market from food & beverage end-use sector is anticipated to grow over 4.5 % CAGR by 2025
Selbyville, United States - October 1, 2019 /MarketersMedia/ —
Driven by the increasing demand from food and beverage packaging, oxygen scavenger market has registered incremental growth in recent years. Many food products are very sensitive to oxygen and may lead to detrimental effects like change in color of food, change in taste, loss of nutrition, and microbial spoilage. Addition of oxygen scavenger increases the lifespan of the food products as well as ensures safety to a large extent.
Owing to the hectic lifestyles and increasing disposable income levels among middle-aged group, many people are favoring packaged foods instead of conventional cooked meals as they are convenient and affordable. Rising demand for packaged food and the overall expansion of F&B sector will become significant drivers expanding oxygen scavenger market outlook.
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The oxygen scavenger market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD million from 2014 to 2025, for the following segments:
By Composition
• Organic
• Inorganic
By Form
• Sachets, canisters, bottle caps & labels
• OS films & PET bottles
• Liquid form
• Powder form
By End-user
• Food & beverage
• Pharmaceutical
• Oil & gas
• Power generation
• Others
Oxygen scavengers are widely used in pharmaceutical packaging for increasing the product shelf life and maintaining the efficacy of the pharma products. Nowadays, with vital medicines being transported for long distances, the need to keep them fresh and unspoiled is very necessary. OS films and materials help prevent the growth of micro-organisms and increase longevity of drugs.
Packaging integrity has played a vital role in production and distribution of pharmaceuticals. While delivering packaged medications, suppliers should take care that they need to be protected from any damage and environmental factors such as moisture, heat, and oxygen levels.
Healthcare companies and manufacturers are consistently working to expand the R&D activities in drug discovery, bolstered by massive financial investments, which will boost pharmaceutical packaging sector in the coming years and, in turn, propel oxygen scavenger market outlook.
Asia Pacific is estimated to be a key contributor towards the oxygen scavenger industry share owing to the high proportion of convenience eating among consumers and massive investments on packaged food products. In addition, high disposable income of consumers, as well as awareness of nutritional and functional food, will drive the growth of packaged food industry.
Browse key industry insights spread across 180 pages with 231 market data tables & 27 figures & charts from the report, “Oxygen Scavenger Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/oxygen-scavengers-market
Reports suggest that oxygen scavenger market from food & beverage end-use sector is anticipated to grow over 4.5 % CAGR by 2025. Growing population, high GDP, and presence of several manufacturers will open up large scale opportunities in this region to accelerate food and beverage production activities.
With the increased use of oxygen scavenger in various segments, it has been observed that inorganic segment will hold a significant market share owing to several key advantages of the products compared to other alternatives. These materials are widely used in boiler feed water treatment processes to ensure effectiveness and extend the life of the equipment.
Oxygen scavenger market is expected to surpass USD 3 Billion by 2025.Strategic mergers and acquisitions to expand production capacities along with favorable marketing trends associated with pharmaceutical and F&B packaging industry will accelerate oxygen scavenger market.
Major Key Points from Table of Content:
Chapter 5. Oxygen Scavenger Market, By Form
5.1. Global oxygen scavenger industry form insights
5.2. Sachets, canisters, bottle caps & labels
5.2.1. Market estimates and forecast, 2014 – 2025
5.2.2. Market estimates and forecast, by region, 2014 – 2025
5.3. OS films & PET bottles
5.3.1. Market estimates and forecast, 2014 – 2025
5.3.2. Market estimates and forecast, by region, 2014 – 2025
5.4. Liquid form
5.4.1. Market estimates and forecast, 2014 – 2025
5.4.2. Market estimates and forecast, by region, 2014 – 2025
5.5. Powder form
5.5.1. Market estimates and forecast, 2014 – 2025
5.5.2. Market estimates and forecast, by region, 2014 – 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/oxygen-scavengers-market
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Website: https://www.gminsights.com/pressrelease/oxygen-scavenger-market
Source: MarketersMedia
Release ID: 88924429
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