PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719985
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719985
The global oxygen scavengers market size is expected to reach USD 6,625.54 million by 2034, according to a new study by Polaris Market Research. The report "Oxygen Scavengers Market Size, Share, Trends, Industry Analysis Report: By Type (Inorganic and Organic), Form, End Use, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
An oxygen scavenger is a substance used in packaging to absorb and remove oxygen, thereby preserving the freshness, flavor, and quality of products by preventing oxidation and spoilage.
The oxygen scavengers market expansion is driven by expanding applications in the pharmaceutical and healthcare industries. Oxygen can degrade the quality and effectiveness of medications, especially in sensitive products like vitamins, antibiotics, and other perishable drugs. Oxygen scavengers are being increasingly used in pharmaceutical packaging to ensure that drugs remain effective and safe for consumption over extended periods. This growing application of oxygen scavengers in the healthcare sector, driven by the need for longer shelf life and product stability, is contributing to market growth.
The growing shift toward sustainability is fueling the oxygen scavengers market development. Consumers and manufacturers are prioritizing environmentally friendly packaging solutions. Oxygen scavengers are increasingly being integrated into biodegradable and recyclable packaging materials, aligning with the shift toward reducing plastic waste and minimizing environmental impact. Companies are striving to meet sustainability goals and respond to environmental concerns, which is driving the demand for oxygen scavenger technologies that support eco-friendly practices.
Based on end use, the food & beverage segment dominated the oxygen scavengers market in 2024 due to its wide use in food packaging to extend shelf life and preserve product quality.
By type, the organic segment is expected to witness the fastest growth from 2025 to 2034 as organic oxygen scavengers are increasingly preferred due to their eco-friendly and sustainable properties.
North America dominated the global market in 2024 due to the presence of a large number of packaged food manufacturers in the region.
The Asia Pacific oxygen scavengers market is expected to record a significant share during the forecast period due to increasing demand for packaged food and beverages, particularly in emerging economies.
A few of the global key market players are Accepta Ltd.; Angus Chemical Company; Arkema; Baker Hughes; BASF SE; Clariant Inc.; Desiccare, Inc.; Eastman Chemical Company; Ecolab Inc.; Henkel AG & Co. KGaA; Innospec Inc.; Kemira; Multisorb Technologies Inc.; Plastichem (PTY) LTD; PolyOne Corporation; Sealed Air Corporation; Solenis, Solvay America Inc.; SUEZ Water Technologies & Solutions; and Tetra Technologies, Inc.
Polaris market research has segmented the oxygen scavengers market report on the basis of type, form, end use, and region: