Global Oxygen Scavenger Masterbatch Market to hit $23.2 Bn by 2025

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Global Global Oxygen Scavenger Masterbatch Market
to hit 23.2 Bn by 2025 Global Market Insights
Inc.
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Industry Overview

• Oxygen Scavenger Masterbatch Market driven by
  Increasing consumption pattern of meat and dairy
  products demand in the world to surpass USD 25
  million by 2025 and will witness 7.5 CAGR during
  the forecast timespan.
• Increasing demand for meat dairy products
  around the globe will propel oxygen scavenger
  masterbatch demand by 2025. Presence of oxygen in
  the perishable food products have been found to
  negatively affecting the packaged food shelf
  life. These trends are driving specialty
  masterbatch demand in food packaging sector.
  Oxygen absorber masterbatch significantly reduces
  oxygen content within the packaging products and
  helps in extending life of packaged food. Growing
  meat dairy products consumption will drive the
  demand for smart and intelligent packaging, which
  will further increase oxygen absorber masterbatch
  market demand by 2025.
• Another important growth driving factor is
  increasing technological innovation in food and
  beverages packaging sector across the world. Some
  of the key trends includes incorporating active
  and intelligent packaging in packaged food and
  beverages. Oxygen absorber additives are utilized
  in active and intelligent packaging applications
  to remove oxygen present within packaging and to
  enhance shelf life quality of food items.

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• Organic oxygen absorber additives will be growing
  at approximately rate of 8 by 2025. Growing
  research development activities in order to
  optimize performance of organic products will
  create segment?s growth by 2025. Inorganic oxygen
  scavenger masterbatch will have the significant
  share throughout the study period due to its wide
  acceptability in the commercial applications.
• On the basis of application, the market is
  segregated into flexible and rigid packaging.
  Flexible packaging segment will account for an
  approximate share of 75 throughout the study
  period. These packaging offers great convenience
  and weight reduction benefits to the end-users,
  which also signifies its wide acceptance in the
  industry.
• Meat, poultry fish segment will account for an
  approximate share of 35 by 2025. Growing
  concerns over lipid oxidation and bacterial
  growth in these food products will drive oxygen
  absorbers additive demand by 2025. Snacks
  confectionaries will also be a key end-user
  segment and will hold approximately one-fifth
  share of OSMB market by 2025. Rising concerns
  over deterioration of snacks confectionaries
  due to presence of oxygen, along with increasing
  demand for baked and savory snacks will drive
  industry growth by 2025.

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U.S. Oxygen Scavenger Masterbatch Market for Food
Packaging Size, By Application 2014 2025 (USD
Million)

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Industry Coverage

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• Asia Pacific oxygen scavenger masterbatch market
  for food packaging will grow at an approximately
  6 rate by 2025. Rising demand for the packaged
  food items in emerging countries will boost
  oxygen absorber masterbatch demand in Asia
  Pacific.
• Oxygen scavenger masterbatch market for food
  packaging industry share is extremely
  competitive, with numerous players. The main
  players include, Albis Plastic, Tosaf, Clariant
  NanoBioMatters, Gabriel Chemie, and Henkel.

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