Dodecyl Gallate Market Report Forecast 2022-2028

rushi

posted on 2 years ago — updated on 1 second ago

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Due to the COVID-19 pandemic, the global Dodecyl Gallate market size is estimated to be worth US$ 54.73 million in 2022 and is forecast to a readjusted size of US$ 76.43 million by 2028 with a CAGR of 5.72% during the forecast period 2022 -2028.

Dodecyl Gallate Market

Dodecyl gallate is an ester of gallic acid and dodecanol. It is a white powder that is insoluble in water. Dodecyl gallate is used as an antioxidant and preservative in food and cosmetics. It is also used as an antifungal agent.

Report Sample includes:

-Table of Contents

- List of Tables & Figures

- Charts

- Research Methodology

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Fully considering the economic change by this health crisis, Purity above 98% accounting for 87.59% of the Dodecyl Gallate global market in 2021, is projected to value US$ 67.10 million by 2028, growing at a revised 5.77% CAGR from 2022 to 2028. While Food segment is altered to an 6.44% CAGR throughout this forecast period.

The major drivers for the growth of the DG market are the growing demand for processed food and the increasing use of DG in cosmetics. The processed food industry is growing due to the changing lifestyle of consumers, who are now opting for ready-to-eat and convenience foods. The cosmetics industry is also growing due to the increasing awareness of personal grooming among consumers.

The main advantage of dodecyl gallate is that it is an effective preservative. It helps to extend the shelf life of food products by preventing the growth of bacteria and other microorganisms. Additionally, dodecyl gallate can help to prevent the oxidation of fats and oils. This can improve the taste and quality of food products.

However, there are some disadvantages to using dodecyl gallate as well. Some research has shown that it may be toxic to human cells in vitro. Additionally, it can migrate from food packaging into the food itself. This can result in increased levels of dodecyl gallate in the diet.

Segment Analysis:

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company

The global major manufacturers of Dodecyl Gallate include Polynt SpA, Nanjing Longyuan Natural Polyphenol Synthesis Factory, Jiurui Biology, Tokyo Chemical Industry, Muby Chemicals, Anmol Chemicals Group, and etc. In terms of revenue, the global three largest players hold a 5.56% market share of Dodecyl Gallate in 2021.

Anmol Chemicals Group
Polynt SpAs
Muby Chemicals
Nanjing Longyuan Natural Polyphenol Synthesis Factory
Tokyo Chemical Industry
Jiurui Biology

Segment by Type

Purity above 98%
Others

Segment by Application

Food
Pharmaceutical
Personal Care
Others

Production by Region

North America Dodecyl Gallate market size was US$ 11.82 million in 2021, while Europe was US$ 9.24 million. The proportion of the North America was 21.54% in 2021, while Europe's percentage was 17.29%, and it is predicted that Europe market share will reach 17.44% in 2028, trailing a CAGR of 5.80% through the analysis period.