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Brominated Vegetable Oil Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Brominated Vegetable Oil Market SizeAccording to QYResearch's new survey, global Brominated Vegetable Oil market is projected to reach US$ 463.6 million in 2029, increasing from US$ 306 million in 2022, with the CAGR of 6.1% during the period of 2023 to 2029.
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Brominated Vegetable Oil Market
Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Brominated Vegetable Oil market research.
Several types of natural and synthetic food additives are available in the market. They are mainly used to preserve medicines, packaged and fresh foods, and other consumer products. Brominated vegetable oil (BVO) is also used as an additive in several products such as beverages, bakery products and others. The Food and Drug Administration (FDA) formerly considered brominated vegetable oil (BVO) as "generally recognized as safe". This decision was reversed after sometime by the agency. Nowadays, under certain situations and on a temporary basis pending more research, the FDA allows brominated vegetable oil to be used as a food additive.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Brominated Vegetable Oil market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
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Segment by Type
• Soy
• Corn
Segment by Application
• Beverages
• Bakery Products
• Others
By Company
Penta Manufacturing Company, Parchem Fine & Specialty Chemicals, Spectrum, Chemical Manufacturing Corp, Wilmar International Limited, Conagra Brands Inc., The Manischewitz Company, Woolworths Group Limited
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