Oxygen Scavengers Industry Valued At USD 6,625.54 Million By 2034 | Growth Rate 7.3%

The global oxygen scavengers market size was valued at USD 3,281.5 million in 2024. It is projected to reach USD 6,625.54 million by 2034, growing at a CAGR of 7.3% from 2025 to 2034.

Market Overview
Oxygen scavengers are substances that reduce the concentration of oxygen by reacting with it, preventing various oxidative reactions that could degrade the quality of food. Ferrous oxide stands out to be the most commonly utilized oxygen scavenger. These scavengers are an effective packaging technique that absorb the dissolved oxygen or the oxygen in the gap, leading to prolonged shelf life and the maintenance of the original food quality.
The oxygen scavenging system comprises three elements, namely an oxidizable polymer that captures oxygen molecules, a photoinitiator, and a catalyst. Subsequent to the sealing of the packages, it is passed through ultraviolet light, at which point the photoinitiator offers energy to start the reaction, and the catalyst accelerates the scavenging. This system is highly efficient as no fluid is required to be administered.

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Competitive Landscape
The competitive landscape of the market provides detailed insights into key players, including company financials, overviews, market potential, and revenue generation. Some of the prominent players operating in the oxygen scavengers market include:

• 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

Oxygen Scavengers Market Report Highlights
• 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.

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Market Dynamics
Growing Inclination Towards Packaged Food
A growing number of people are selecting packaged foods and ready-to-eat meals, propelling the demand for preservation procedures. For instance, as per the US Department of Agriculture, in 2021, the food and beverage manufacturing industry in the US employed 1.7 million people, underscoring the notable growth of the packaged food and beverage industry. Further, the surging approval of beverages, snacks and frozen food that are excessively vulnerable to degradation is driving the oxygen scavengers market demand.
Innovations in Packaging Designs
Innovations in materials and packaging designs has made oxygen scavengers more efficienct and economical. Packaging solutions now normally imbibe oxygen scavenging attributes, providing improved performance and sustainability. For instance, Mitsubishi Chemical Corporation's AGELESS OMAC combines scavenging attributes instantly into the packaging composition.

Market Segmentation
Based on type, the rapid growth of the organic segment from 2025 to 2034 is due to the growing consumer demand for green and sustainable packaging solutions. Strict ecological directives and a move towards eco-friendly and harmless materials are pushing the industry forward.
Based on end use, the food & beverage segment dominated the market in 2024. Exposure to oxygen can cause deterioration, which impacts the flavor, texture, and health benefits of food and beverages. Oxygen scavengers are extensively used in food packaging to extend shelf life and maintain product quality.
By Type Outlook (Revenue - USD Million, 2020-2034)
 Inorganic
 Organic

By Form Outlook (Revenue - USD Million, 2020-2034)
 Sachets/Canisters/Bottle Caps & Labels
 OS Films & PET Bottles
 Liquid
 Powder

By End Use Outlook (Revenue - USD Million, 2020-2034)
 Food & Beverage
 Pharmaceutical
 Power
 Oil & Gas
 Chemical
 Pulp & Paper
 Others

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Geographical Analysis
 North America (U.S., Canada)
 Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
 Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
 Latin America (Brazil, Mexico, Argentina)
 Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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