The oxygen scavenger market or oxygen absorbers industry is expected to grow 4% in value from $1.92 billion in 2019 to $27.8 billion in 2027. The industry is expected to accelerate as demand from customers around the world for fresh and premium packaged foods increases. Growing over the years to come. Growing issues around food waste and health around the world are expected to emerge as key drivers. The oxygen scavenger market has seen tremendous growth due to its ability to consume oxygen to prevent spoilage of food and other consumables. Consumers today are looking for ready-to-eat foods that can be stored longer.
A full report of Oxygen Scavengers Market available at https://www.orionmarketreports.com/oxygen-scavenger-market/11123/
Oxygen Scavengers Market Segmentations
By Type
• Metallic Oxygen Scavengers
• Non-metallic Oxygen Scavengers
By End-user Industry
• Food and Beverage
• Pharmaceutical
• Power
• Oil and Gas
• Chemical
• Pulp and Paper
• Others
Major Players
• BASF SE
• MITSUBISHI GAS CHEMICAL COMPANY INC.
• Ecolab
• Clariant
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
