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Global Propyl Gallate Market Expected to Grow at a CAGR of 5.6% During 2021-2026, Driven by the Rising Demand for Packaged Products

Propyl Gallate Market

Global Propyl Gallate Market Share, Size, Trends, Forecast: By Function: Antioxidant, Anti-Quenching Agents, Adhesives, Lubricating Agents, Additives, Others; By End Use: Pharmaceuticals, Food and Beverage, Animal Feed, Cosmetics and Personal Care, Oil and Gas, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Propyl Gallate Market Outlook

The global propyl gallate market is expected to grow at a CAGR of 5.6% in the forecast period of 2024-2032.

 

Propyl Gallate Market

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The Asia Pacific Presents Significant Growth Opportunities for the Propyl Gallate Industry

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.

 

Propyl Gallate Market by Function

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Propyl Gallate: Market Segmentation

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:

  • Antioxidant
  • Anti-Quenching Agents
  • Adhesives
  • Lubricating Agents
  • Additives
  • Others

Based on end use, the industry can be segmented into:

  • Pharmaceuticals
  • Food and Beverage
  • Animal Feed
  • Cosmetics and Personal Care
  • Oil and Gas        
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Propyl Gallate Market by Region

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Rising Demand from the Pharmaceutical Industry to Aid the Global Market Growth of Propyl Gallate

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.

 

Key Industry Players in the Global Propyl Gallate Market

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:

  • Impextraco NV
  • Leshan Sanjiang Bio-tech Co., Ltd.
  • Rexler
  • Gallochem Co., Ltd.
  • Others

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- Function, End Use, Region
Breakup by Function Antioxidant, Anti-Quenching Agents, Adhesives, Lubricating Agents, Additives, Others
Breakup by End Use Pharmaceuticals, Food and Beverage, Animal Feed, Cosmetics and Personal Care, Oil and Gas, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, Gallochem Co., Ltd., Others
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Propyl Gallate Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Propyl Gallate Historical Market (2018-2023) 
    8.3    Global Propyl Gallate Market Forecast (2024-2032)
    8.4    Global Propyl Gallate Market by Function
        8.4.1    Antioxidant
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Anti-Quenching Agents
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Adhesives
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Lubricating Agents
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Additives        
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Propyl Gallate Market by End Use
        8.5.1    Pharmaceuticals
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Food and Beverage
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Animal Feed
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Cosmetics and Personal Care
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Oil and Gas        
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others 
    8.6    Global Propyl Gallate Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Propyl Gallate Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Propyl Gallate Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Propyl Gallate Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Propyl Gallate Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Propyl Gallate Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Impextraco NV
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Leshan Sanjiang Bio-tech Co., Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Rexler
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Gallochem Co., Ltd.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Propyl Gallate Market: Key Industry Highlights, 2018 and 2032
2.    Global Propyl Gallate Historical Market: Breakup by Function (USD Billion), 2018-2023
3.    Global Propyl Gallate Market Forecast: Breakup by Function (USD Billion), 2024-2032
4.    Global Propyl Gallate Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Propyl Gallate Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Propyl Gallate Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Propyl Gallate Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Propyl Gallate Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Propyl Gallate Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2028
19.    Europe Historical Price Trends and Forecast 2018-2028
20.    Asia Pacific Historical Price Trends and Forecast 2018-2028
21.    Latin America Historical Price Trends and Forecast 2018-2028
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
23.    Global Propyl Gallate Market Structure

Key Questions Answered in the Report

What is the growth rate of the global propyl gallate market?

The global propyl gallate market is projected to grow at a CAGR of 5.6% between 2024 and 2032.

What are the major industry drivers?

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.

What are the key industry trends of the global propyl gallate market?

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.

What are the major regional markets of propyl gallate, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading functions of propyl gallate in the market?

The leading functions of propyl gallate in the market are antioxidant, anti-quenching agents, adhesives, lubricating agents, and additives, among others.

What are the major end use sectors in the industry?

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.

Who are the key industry players, according to the report?

The major players in the industry are Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, and Gallochem Co., Ltd., among others.

Analyst Review

The global propyl gallate market is being driven by the rising demand from the food industry. Aided by the growing pharmaceutical industry, the market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 5.6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on function, the market is segmented into antioxidant, anti-quenching agents, adhesives, lubricating agents, and additives, among others. By end use, the industry is divided into pharmaceuticals, food and beverage, animal feed, cosmetics and personal care, and oil and gas, among others. The major regional markets for propyl gallate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Impextraco NV, Leshan Sanjiang Bio-tech Co., Ltd., Rexler, and Gallochem Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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