The global Oxygen Scavenger Masterbatch market size is projected to reach USD 0.1 billion by 2029
Published Date: Thursday,22 Feb,2024
Oxygen absorbent masterbatch preserves food by significantly reducing the oxygen content in packaging.Oxygen scavenger masterbatch, also known as oxygen absorbent masterbatch or additive, is used in active packaging applications to absorb oxygen from the food packaging environment and extend the shelf life of the item.Helps maintain the freshness, taste, and color of a range of packaged foods, including processed meats, pet snacks, packaged coffee powders, dried meats, and ready-to-eat foods.
According to the new market research report “Global Oxygen Scavenger Masterbatch Market Report 2023-2029”, published by GlobalInfoResearch, the global Oxygen Scavenger Masterbatch market size is projected to reach USD 0.1 billion by 2029, at a CAGR of 3.3% during the forecast period.
- Global Oxygen Scavenger Masterbatch MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Oxygen Scavenger Masterbatch Market 2023 by Manufacturers, Regions, Type and Oxygen Scavenger Masterbatch, Forecast to 2029”.
- Global Oxygen Scavenger Masterbatch Top5Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Oxygen Scavenger Masterbatch Market 2023 by Manufacturers, Regions, Type and Oxygen Scavenger Masterbatch, Forecast to 2029”.
The global key manufacturers of Oxygen Scavenger Masterbatch include Polyone, Albis Plastic, etc. In 2021, the global top three players had a share approximately 84.0% in terms of revenue.
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