Oxygen Scavenger Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global market for oxygen scavenger is projected to have a CAGR of around 4.6% during the forecast period. Oxygen scavenger aids in extending shelf life and product safety by preventing oxidation. They are added to food packaging to limit the level of oxygen to preserve the freshness, flavours, and stability of packaged products. The rising demand for fresh and quality packaged food is the major factor augmenting the growth of the market. The growing concern over the reduction of food wastage creates the demand for oxygen scavenger to store them for a longer period of time. According to the United States, Environmental Protection Agency wasted food costs the commercial food service industry roughly $100 billion annually. Furthermore, according to the GRACE Communications Foundation statistics, US restaurants generate an estimated 22 to 33 billion pounds of food waste each year, and approximately 4 to 10% of food purchased by restaurants is wasted before reaching the consumer.

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Due to the rising demand for quality foods, there are new product innovations in the market and more and more manufacturers are inclined towards the development of less toxic scavengers with an increasing range of applications. Moreover, the accidental ingestion of the sachet (a permeable used to pack oxygen scavengers) by consumers and potential spill/leak of the sachet contents into food is the major constrain associated oxygen scavenger. The safety concerns related to the handling of oxygen scavengers are also a restraining factor in the market growth. Besides, the new products innovations and rising demands from emerging economies can create lucrative opportunities in the global oxygen scavenger market.

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• Market Coverage


• Market number available for – 2025-2031


• Base year- 2025


• Forecast period- 2025-2031


• Segment Covered- By Source, By Product Type, By Applications


• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill


• , and others

Global Oxygen Scavenger Market Report Segment

By Type

• Metallic


• Non-Metallic

By End-User

• Food Packaging


• Pharmaceuticals


• Industrial/Metal


• Chemicals


• Others (Microbiology)

Global Oxygen Scavenger Market Report Segment by Region

North America

• United States


• copyright

Europe

• Germany


• United Kingdom


• France


• Spain


• Italy


• Rest of Europe

Asia-Pacific

• China


• Japan


• India


• Rest of Asia-Pacific

Rest of the World

The Report Covers

• Market value data analysis of 2020 and forecast to 2027.


• Annualized market revenues ($ million) for each market segment.


• Country-wise analysis of major geographical regions.


• Key companies operating in the global oxygen scavenger market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.


• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.


• Analysis of market-entry and market expansion strategies.


• Competitive strategies by identifying ‘who-stands-where’ in the market.

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