December 1, 2022

The increasing consumption of packaged foods is expected bolster the healthy growth of the market, states Fortune Business Insights, in a report, “Oxygen Scavenger Masterbatch Market Size, Share & Industry Analysis, By Product (Organic, Inorganic), By Application (Flexible Packaging, Rigid Packaging, Others) and Regional Forecast, 2022-2029.” The increasing demand for ready-to-eat products can have an excellent impact on the market.

Report Aim & Scope:

  • An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
  • The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
  • Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
  • The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
  • The various parameters accelerating the growth of the market are incorporated in the research report.
  • The report analyzes growth rate, market size and valuation of the market during the forecast period.

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The Oxygen Scavenger Masterbatch MarketContains:

  • Up-to-the-minute industry trends
  • Significant policies executed by players
  • Grand regional Study
  • Main Segments in the market
  • Key trends and drivers

Market Driver:

Introduction of Cesa ProTect by Clariant to Spur Opportunities

The launch of innovative packaging by prominent companies can create lucrative opportunities for the market during the forecast period. For instance, in October 2019, Clariant, a Swiss multinational specialty chemicals company, introduced a new oxygen scavenger under the brand name ‘Cesa ProTect’ for Polyster packaging. This new masterbatch is developed as a target to form Monolayer Polyethylene Terephthalate packaging. Oxygen scavengers masterbatch are used in synthesizing the packaging solutions to absorb oxygen from the surrounding and maintain the freshness, taste, and color of the food. Thus, the growing demand for packaged food due to people’s evolving lifestyle can bolster the growth of the market. Besides, the heavy demand for containers and jars to store food products and extend the products’ shelf life is expected to fuel the need for such containers. Nevertheless, the raw materials’ fluctuating prices are expected to retard the growth of the market in the forthcoming years.

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Scope of the Report:
An in-depth analysis of statistics on current and emerging trends provides clarity regarding Oxygen Scavenger Masterbatch Market dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the Oxygen Scavenger Masterbatch Market research data of various companies, benefits, gross margin, global Oxygen Scavenger Masterbatch Market strategic decisions, and more through tables, graphs, and figures. infographics.

Regional Analysis:

Shifting Lifestyle of Consumers to Strengthen Market in North America

North America is expected to hold the largest share globally during the forecast period due to the increasing demand for packaged food products. The sedentary lifestyle of consumers expected to aid the expansion of the market in the region. Asia Pacific is expected to experience rapid growth due to the increasing demand from the food packaging industries, dairy, and others. The rising employment opportunities for women is expected to boost the adoption of packaged meat, poultry fish, and fruits and vegetables, which, in turn, can foster the growth of the market. Europe is expected to exhibit a considerable growth rate owing to the growing consumption of packaged meat and dairy products.

The Report Lists the Key Players in the Global Oxygen Scavenger Masterbatch Market:

  • NanoBioMatters
  • Clariant
  • Polyone
  • Mitsubishi Gas Chemical Company, Inc
  • Mondi Plc
  • Berry Global
  • Tosaf Inc
  • Sealed Air Corporation

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