Global Oxygen Scavenger Market Forecasted to Grow $3.1 Billion by 2028: BCC Research
BOSTON, March 29, 2024 /PRNewswire/ -- Oxygen scavengers preserve food and beverage products in packaging, prevent corrosion in boilers, and help reduce the staggering $400 billion annual global food waste. Government initiatives for sustainable packaging are boosting demand, making the oxygen scavenger market ripe for strategic advancements and investments.
- The form segmentation categorizes oxygen scavengers into powder, resin, and liquid forms, each tailored to specific application needs.
- This report on the Global Oxygen Scavenger Market provides comprehensive insights and analysis, addressing the following key questions:
1. - The global oxygen scavenger market is projected to grow from $2.3 billion in 2022 to $3.1 billion in 2028 at a compound annual growth rate (CAGR) of 5.1% during the forecast period.
- These are the driving factors of the European oxygen scavenger market.