Market Overview

The global oxygen scavengers market was valued at USD 2.45 Billion in 2024 and is projected to reach USD 3.33 Billion by 2033, growing at a CAGR of 3.48% during the forecast period 2025-2033. Driven by the expanding food and beverage industry and extensive applications in pharmaceuticals and healthcare, the market is further supported by innovations such as bio-based oxygen scavengers.

Study Assumption Years

• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Years: 2025-2033

Oxygen Scavengers Market Key Takeaways

• Current Market Size: USD 2.45 Billion (2024)
• CAGR: 3.48%
• Forecast Period: 2025-2033
• Oxygen scavengers are substances that reduce oxygen levels, made from metallic and non-metallic raw materials like iron, zinc, copper, and polymers.
• Applications span food preservation, water treatment, pharmaceutical packaging, pipelines, and medical equipment.
• The food and beverage sector holds the largest market share due to extensive use in packaging to extend shelf life and reduce spoilage.
• North America dominates the market, boosted by demand for convenience foods, packaging industry growth, and technological advances.

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Market Growth Factors

The food and beverage industry is the main factor driving the market growth of oxygen scavengers. These substances are commonly used in the packaging of fresh fruits, meat, poultry, snacks, sauces, bakery products, beer, wines, and beverages to enhance their shelf life by minimizing the oxidation of oils and fats, thus reducing waste, preserving taste, and stopping spoilage and discoloration. The rising demand for convenience foods such as ready-to-eat meals and on-the-go products, which is a result of changing lifestyles and busy schedules, also plays a part in the market growth.

Another application that helps to oxygen scavengers market growth is pharmaceutical and healthcare because these agents help to keep the quality and effectiveness of drugs, tablets, capsules, vaccines, biological samples, diagnostic kits, and medical devices. The unveiling and production of bio-based oxygen scavengers which are economical, non-toxic, friendly to the environment and made from natural biodegradable materials like chitosan, cellulose and lignin, has turned the market to a positive side.

Nanotechnology development and integration are some of the technological advancements that have led to the greater efficiency, compatibility, and targeted delivery of oxygen scavenger. Besides, their application in the oil and gas sector for the prevention of corrosion in pipelines, storage tanks, and refining equipment has helped the growth of this product. Similarly, the expansion of the packaging industry, increasing investment in research and development, and use in water treatment are all expected to not only support but also to further drive the market growth.

Market Segmentation

Type:

• Metallic: This segment includes oxygen scavengers made from metals such as iron, zinc, and copper, widely used due to their effectiveness in oxygen removal.
• Non-Metallic: Oxygen scavengers in this category utilize compounds like sodium sulfite, ascorbic acid, activated carbon, hydrazine, and polymers for various applications.

End Use:

• Food and Beverage: The largest end use segment, oxygen scavengers here are employed to extend shelf life and preserve quality in diverse food products and beverages.
• Pharmaceuticals: Used to maintain drug potency and stability in tablets, capsules, vaccines, and medical devices.
• Chemicals: Oxygen scavengers protect chemical products and equipment from corrosive damage.
• Oil and Gas: Utilized primarily to prevent corrosion in pipelines, storage tanks, and refining equipment.
• Others: Includes applications across electronics, power generation, textile, and other industries.

Regional Insights

North America leads the oxygen scavengers market due to advanced packaging technologies, a high demand for processed and packaged foods, and stringent regulatory standards. The region's robust food and beverage and pharmaceutical industries, combined with consumer emphasis on safety and quality, support widespread adoption and market dominance.

Key Players

• Accepta Ltd
• Arkema Group
• Baker Hughes Company
• BASF SE
• Chemfax Products Ltd.
• Clariant AG
• Eastman Chemical Company
• Ecolab Inc.
• Esseco Ltd
• Mitsubishi Gas Chemical Company Inc.
• Solvay
• Suez SA (Veolia Environnement S.A)
• Thermax Ltd.

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