The oxygen scavenger market is predicted to reach $ 4.29 billion by 2028, with a compound annual growth rate of 7.9% from 2023-2028

During the anticipated timeframe, it is estimated that the demand for high-quality packaged meals will lead to an increase in oxygen scavengers. Consumer demand for more innovative packaging and growing consumer awareness of reducing food waste are expected to contribute to market growth over the forecasted period. Oxygen sensors are crucial for the preservation of food. Foods are frequently oxygen-sensitive. Many food products are deteriorating because of oxygen, either directly or indirectly. Oxidation processes or the presence of aerobic spoilage microorganisms are the two main causes of food decomposition. Therefore, oxygen is frequently eliminated in order to preserve these products. The presence of oxygen in food packaging is primarily caused by defects in the packaging process, such as the presence of a gas mixture including oxygen residue. Before products are sealed, oxygen is frequently removed via vacuum packaging. However, oxygen sensors cannot be used to eliminate oxygen that enters containers from the outside environment through the packaging material.

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In containers, oxygen scavengers are typically used to assist reduce or remove the amount of oxygen present. By making sure the product is safe and extending its shelf life, they aid in maintaining product quality. Applications for oxygen scavengers include those in the food and beverage industry, pharmaceuticals, energy, oil and gas, chemicals, and so on. This lessens the accelerated corrosion brought on by oxygen in a situation with high heat. Initially, the major substances used to shield boilers from oxygen were sulphite and hydrazine. However, hydrazine has been classified in many nations as potentially cancerous. As a result, manufacturers are now using oxygen scavengers in place of hydrazine.

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Market Drivers and Restraints:

Over the calculated time, it is predicted that new breakthroughs and technology will hasten the rise in demand for oxygen scavengers. Products with anti-oxygen technology extend product life and enhance product security. By lowering the oxygen level, they raise the boiler feedwater's quality. It is anticipated that growth in the sector will be driven by the food packaging sector. Additionally, they are working to increase product longevity and equipment quality. In order to remove or minimize the amount of oxygen in the packaging, which extends the shelf life of the goods and avoids contamination, the oxygen removal procedure is frequently used in the food and beverage business during packing. Rising disposable incomes of the middle class in emerging nations and the growing need for high-quality packaged food are driving this demand. Oxygen scavengers are also used to improve boiler feed water quality, stop dissolved oxygen from corroding equipment, and remove oxygen from medicinal containers. One of the main drivers of the global oxygen scavenger industry's growth is the increasing demand from end-use sectors like the chemical, oil, and gas, and pharmaceutical industries.

One major obstacle preventing the widespread use of oxygen scavengers is the relative cost of effective oxygen scavengers like hydrazine compared to other sulfur scavengers. The usage of oxygen scavengers is not often associated with any health hazards. The health of people may be endangered by increased exposure to or ingestion of raw materials like hydrazine, carbon, or iron oxide. Additionally, it can result in human pulmonary edema, pneumoconiosis, respiratory issues, high blood pressure, and irritation of the eyes, throat, and nose. As a result, care and attention should be used with regard to the product's package and usage instructions.

The report is segmented as follows:

The Oxygen Scavengers market is segmented by Type; the Market is segmented by End-use:
By Type (Metallic, and Non-Metallic)
By End-use (Food & Beverage, Pharmaceutical, Power, Oil & Gas, Chemical, Pulp & Paper)
Regional Segmentation:

North America
Europe
Asia Pacific
Latin America
Middle east and Africa
Impact of COVID-19 pandemic on the market:

Oxygen scavengers are used in processes like water treatment to remove oxygen that might otherwise harm machinery, pipelines, etc., as well as in the packaging of food or medicines in sectors like food and beverage, power, oil and gas, pharmaceutical, pulp and paper, chemical, etc. The ongoing epidemic has had an effect on industries around the world, including food and beverage, textile, pulp and paper, and power. The COVID-19 pandemic hindered the expansion of the water sector during the lockdown period in 2020. The industry had to deal with emergency measures, changes in demand patterns, and supply chain interruptions. Many big water users lowered their needs as a result of shutdowns or reduced activities.

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