Image

Global Oxygen Scavenger Market – Industry Trends and Forecast to 2029

Chemical and Materials

Image

Global Oxygen Scavenger Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Oxygen Scavenger Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 2.20 USD Billion
Diagram Market Size (Forecast Year) USD 3.43 USD Billion
Diagram CAGR %

Major Markets Players

  • Robert Bosch GmbH
  • I.M.A. INDUSTRIA MACCHINE AUTOMATICHE
  • Körber AG
  • Coesia S.p.A
  • Syntegon Technology GmbH

Global Oxygen Scavenger Market, By Type (Metallic Oxygen Scavengers, Non-Metallic Oxygen Scavengers), Composition (Organic, Inorganic), Form (Sachets, Canisters, Bottle Caps & Labels, O.S. Films & PET Bottles, Liquid, Powder), End-Use Industry (Food & Beverage, Pharmaceutical, Power, Oil & Gas, Chemical, Pulp and Paper, Others) – Industry Trends and Forecast to 2029.

Oxygen Scavenger Market

Oxygen Scavenger Market Analysis and Size

The presence of oxygen can deteriorate food products either directly or indirectly, removing or reducing the oxygen content level of packaged food. Oxygen scavengers are used to keep products and equipment safe while also extending product shelf life.

Data Bridge Market Research analyses that oxygen scavenger market was valued at USD 2.2 billion in 2021 and is expected to reach the value of USD 3.43 billion by 2029, at a CAGR of 5.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Oxygen Scavenger Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Metallic Oxygen Scavengers,  Non-Metallic Oxygen Scavengers), Composition (Organic, Inorganic), Form (Sachets, Canisters, Bottle Caps & Labels, O.S. Films & PET Bottles, Liquid, Powder), End-Use Industry (Food & Beverage,  Pharmaceutical, Power, Oil & Gas, Chemical, Pulp and Paper, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Robert Bosch GmbH (Germany), I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy), Körber AG (Germany), Coesia S.p.A (Italy), Syntegon Technology GmbH (Germany), Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany), Romaco Group (Germany), Uhlmann Group (Germany), Maquinaria Industries Dara, SL (Spain), MULTIVAC (Germany), Accutek packaging Companies (U.S.), Vanguard Pharmaceutical Machinery, Inc. (U.S.), OPTIMA packaging group GmbH (Germany), ACG (India), Trustar Pharma Pack Equipment, Co. Ltd. (China), MG2 s.r.l. (Italy), Busch Machinery Inc, (U.S.), Inline Filling Systems (U.S.), Duke Technologies, LLC. (India), ARPAC LLC (U.S.), ACIC Pharmaceuticals Inc. (Canada), AST, Inc. (U.S.), Truking Technology Limited (China), NJM Packaging (U.S.)

Opportunities

  • Consumers are increasingly opting for more packaged food
  • Increase in nuclear families are driving up demand for packaged food

Market Definition

For enclosed packaging, oxygen scavengers or oxygen absorbers are recommended to help eliminate or reduce the amount of oxygen. They contribute to the preservation of food standards as well as the extension of shelf life. Several types of oxygen absorbers are designed to meet a wide range of applications. The parameters of an oxygen absorber vary depending on the intended use, the water activity of the object being maintained, and other factors. The oxygen absorber or scavenger is frequently encased in a permeable pouch or package, although it can also be a component of packaging films.

Global Oxygen Scavenger Market Dynamics

Drivers

  • Rising demand for high quality packaged goods from various industries

The oxygen scavenging process is widely used in the food and beverage industries during packaging to remove or reduce the oxygen level in packages, improving shelf-life and preventing contamination. Rising demand for high-quality packaged food and rising disposable income of emerging-market middle-classes are driving demand for packaged food. Furthermore, oxygen scavengers are used to improve boiler feed water quality, prevent corrosion of equipment caused by dissolved oxygen, and remove oxygen from pharmaceutical packing. Rising demand from end-use industries such as pharmaceuticals, oil and gas, and chemicals is a major factor driving the global oxygen scavengers market.

  • Technological advancements and product innovations

Major industry players constantly strive for technological advancements to manufacture quality products and increase efficiency. The growing use of oxygen scavengers in the food and beverage industries is expected to drive up demand. Furthermore, manufacturers must adhere to a plethora of standards and regulations established by authorities in various regions.

Opportunity

Due to the changing lifestyles, rising disposable incomes, and the overall convenience of packaged products, consumers are increasingly opting for more packaged food. Factors such as an increase in the working population, married couples with dual income, professionals working away from home, work-from-home initiatives, and an increase in nuclear families are driving up demand for packaged food, which is driving up demand for oxygen scavengers.

Restraints

The lack of technical expertise for handling specific oxygen scavengers and the non-volatile nature of oxygen scavengers will act as a restraint on the oxygen scavenger market during the forecast period.

This oxygen scavenger market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the oxygen scavenger market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact Oxygen Scavenger Market

Oxygen scavengers are used in applications such as water treatment to remove the oxygen present, which can otherwise damage equipment, pipelines, and so on, as well as food or medicine packaging applications in industries such as food and beverage, power, oil and gas, pharmaceutical, pulp and paper, chemical, and so on. Globally, sectors such as food and beverage, textile, pulp and paper, and power have been impacted by the ongoing pandemic. During the lockdown period in 2020, the COVID-19 pandemic slowed the growth of the water sector. Supply chain disruptions, a shift in demand patterns, and other emergency measures had to be dealt with by the industry. Due to shutdowns or reduced activities, many significant water users reduced their requirements.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Oxygen Scavenger Market Scope

Oxygen scavenger market is segmented on the basis of type, composition, form and end-use industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type  

  • Metallic Oxygen Scavengers
  • Non-Metallic Oxygen Scavengers

Composition  

  • Organic
  • Inorganic

Form

  • Sachets
  • Canisters
  • Bottle Caps & Labels
  • O.S. Films & PET Bottles
  • Liquid
  • Powder

End user

  • Food & Beverage
  • Pharmaceutical
  • Power
  • Oil & Gas
  • Chemical
  • Pulp& Paper
  • Others

Oxygen Scavenger Market Regional Analysis/Insights

Oxygen scavenger market is analysed and market size insights and trends are provided by country, type, composition, form and end-use industry as referenced above.

The countries covered in the oxygen scavenger market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the oxygen scavenger market because of rising demand for quality packaged food and extensive research and development to expand advanced packaging techniques to restore the wholesomeness of food items. The Asia-Pacific region is expected to grow from 2022 to 2029, owing to shifting consumer preferences for healthy and safe food with minimal waste in light of sustainability concerns.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Oxygen Scavenger Market Share Analysis

Oxygen scavenger market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to oxygen scavenger market.

Some of the major players operating in oxygen scavenger market are:

  • Robert Bosch GmbH (Germany)
  • I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy)
  • Körber AG (Germany)
  • Coesia S.p.A (Italy)
  • Syntegon Technology GmbH (Germany)
  • Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany)
  • Romaco Group (Germany)
  • Uhlmann Group (Germany)
  • Maquinaria Industries Dara, SL (Spain)
  • MULTIVAC (Germany)
  • Accutek packaging Companies (U.S.)
  • Vanguard Pharmaceutical Machinery, Inc. (U.S.)
  • OPTIMA packaging group GmbH (Germany)
  • ACG (India)
  • Trustar Pharma Pack Equipment, Co. Ltd. (China)
  • MG2 s.r.l. (Italy)
  • Busch Machinery Inc, (U.S.)
  • Inline Filling Systems (U.S.)
  • Duke Technologies, LLC. (India)
  • ARPAC LLC (U.S.)
  • ACIC Pharmaceuticals Inc. (Canada)
  • AST, Inc. (U.S.)
  • Truking Technology Limited (China)
  • NJM Packaging (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The Oxygen Scavenger Market value is expected USD 3.43 billion by 2029.
The growth rate of the Oxygen Scavenger Market in forecast period of 2022-2029 is 5.70%.
The major players operating in the Oxygen Scavenger Market are Robert Bosch GmbH (Germany), I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy), Körber AG (Germany), Coesia S.p.A (Italy), Syntegon Technology GmbH (Germany), Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany), Romaco Group (Germany), Uhlmann Group (Germany), Maquinaria Industries Dara, SL (Spain), MULTIVAC (Germany), Accutek packaging Companies (U.S.), Vanguard Pharmaceutical Machinery, Inc. (U.S.), OPTIMA packaging group GmbH (Germany), ACG (India), Trustar Pharma Pack Equipment, Co. Ltd. (China), MG2 s.r.l. (Italy), Busch Machinery Inc, (U.S.), Inline Filling Systems (U.S.), Duke Technologies, LLC. (India), ARPAC LLC (U.S.), ACIC Pharmaceuticals Inc. (Canada), AST, Inc. (U.S.), Truking Technology Limited (China), NJM Packaging (U.S.).
Type (Metallic Oxygen Scavengers, Non-Metallic Oxygen Scavengers), Composition (Organic, Inorganic), Form (Sachets, Canisters, Bottle Caps & Labels, O.S. Films & PET Bottles, Liquid, Powder), End-Use Industry (Food & Beverage, Pharmaceutical, Power, Oil & Gas, Chemical, Pulp and Paper, Others) are covered in Oxygen Scavenger Market report.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials