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Propyl Gallate Market Share

Report ID: GMI6883
Published Date: Oct 2023
Report Format: PDF

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Propyl Gallate Market Share

Some of the major market players operating in the propyl gallate market are :
Wufeng Chicheng Biotech Co., Ltd
REXLER
Thermo Fisher Scientific Inc.
Tokyo Chemical Industry Co., Ltd. (TCI)
Leshan Sanjiang Bio-Tech Co., Ltd
MP Biomedicals,
Haihang Industry Co., Ltd.
Veeprho Group
Kemin Industries, Inc.
Ambeed, Inc.
Minakem SAS
Spectrum Chemical Mfg. Corp.
Loba Chemie Pvt. Ltd.
Biosynth Carbosynth, S
igma-Aldrich

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for propyl gallate was USD 304 million in 2022 and is estimated to reach USD 580.8 million by the end of 2032 due to rising utilization of several ingredients to enhance product shelf life and maintain food quality

The food application segment in the propyl gallate market reached USD 162.6 million in 2022 driven by the growing need for antioxidant properties

The food grade segment held around 53% share of the propyl gallate market in 2022 and is expected to grow at lucrative pace by 2032 owing to widespread usage as food preservative and antioxidant

U.S. market size for propyl gallate reached USD 63.9 million in revenue in 2022 and is anticipated to expand at significant pace from 2023-2032 driven by the rapidly expanding food and pharmaceutical industries in the region