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Historical Year
Forecast Year
The global propyl gallate market is expected to grow at a CAGR of 5.6% in the forecast period of 2024-2032.
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Region-wise, the Asia Pacific region is a significant market for propyl gallate and is expected to experience substantial growth in the forecast period owing to the growing self-awareness, rising urban population, and personal health consciousness, in conjunction with an increasing consumption of processed and packaged food. Matured markets such as North America and Europe, are expected to be the favourable markets for propyl gallate due to the growing inclination towards the consumption of packaged and processed food products and cosmetics and personal care products. However, the market growth in the regions might suffer in the forecast period as there is a rising demand for bio-based products in Europe and North America regions. Within Latin America and the Middle East and Africa, the market is predicted to witness a healthy growth owing to the substantial growth opportunities in these regions. The market within these regions is further aided the changing demographics resulting in the increased demand for packaged food and personal care products.
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Propyl gallate is an organic compound that belongs to the ester family. It is a white crystalline powder and is soluble in various organic compounds. It is mostly used as an antioxidant to prevent oxidation and stabilise animal feed, food, and food packaging products. The product is also used as an antioxidant in several cosmetics and personal care products like grooming products, toothpaste, and other personal care products.
On the basis of function, the market is divided into:
Based on end use, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market growth for propyl gallate is being driven by the accelerated growth of the food and beverage industry and the pharmaceutical industry. The market is further being aided by the rising population and changing lifestyles, which has resulted in the change in food preferences and eating habits. The adoption of busier lifestyles and changing demographics, along with the rising urban population, has provided an impetus to the consumption of packaged food products. Thereby enhancing the propyl gallate industry growth.
The report gives a detailed analysis of the following key players in the global propyl gallate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Function |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global propyl gallate market is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, the growing urban population, rising food and beverage and the pharmaceutical industries, changing lifestyles, and changing food preferences and eating habits, are expected to aid the market growth.
The key market trends guiding the growth of the market include the rising consumption of processed and packaged food and growing demand from the personal care industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading functions of propyl gallate in the market are antioxidant, anti-quenching agents, adhesives, lubricating agents, and additives, among others.
The major end use sectors in the industry are pharmaceuticals, food and beverage, animal feed, cosmetics and personal care, and oil and gas, among others.
The major players in the industry are Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, and Gallochem Co., Ltd., among others.
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+61 448 06 17 27
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+91-858-608-1494
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United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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