Global Dodecyl Gallate Market Introduction
Dodecyl gallate is an ester of gallic acid and is also known as lauryl gallate. Dodecyl gallate is majorly consumed in food industry, pharmaceutical and personal care industry. Dodecyl gallate is used in food processing to prevent it from deterioration by oxidization. Its various applications in food industry includes use as an antioxidant and preservative. In food additives, dodecyl gallate is used under the E number E312 as preservative and antioxidant. Dodecyl gallate is extensively used in processed food such as oils, margarine, soups and fats. In pharmaceutical and cosmetics applications it is majorly used in emulsions, creams, and waxes. Dodecyl gallate is sold in the market in various forms including white crystalline powder form as well as creamy white emulsion form. Increasing demand for antioxidants and preservatives from food industry has been observed owing to increasing consumption of packaged food in developed and emerging countries.
Market Dynamics of Dodecyl Gallate Market
Increasing processed food demand from developed and emerging regions
Large population and their changing lifestyles along with the increasing per capita food consumption in the emerging economies is expected to boost the demand for processed food during the coming years. Dodecyl gallate finds application as preservative and antioxidant in food industry. Growing use of antioxidants and preservatives in production f processed foods, driven by the need for longer shelf lives, is driving the demand for Dodecyl Gallate across the globe.
Changing regulations for food and cosmetic additives
Food safety regulations for quality control of processed foods are also expected to push demand dodecyl gallate all over the world. Food, pharmaceuticals, and cosmetic industry are most stringently regulated industries in the world. Continuous research and developments in these fields is changing the regulations in the industry frequently. Changing regulations in the food and pharmaceutical industry may impact dodecyl gallate market growth.
Dodecyl gallate market trends: Innovations to find more application in various industry
Key manufacturers are focusing on investing more and more in research and development to find new applications of dodecyl gallate in food pharmaceutical and personal care industry. This endeavor by the leading players in the market is expected to boost the demand for dodecyl gallate in coming years.
Global Dodecyl gallate Market Segmentation
On the basis of Product Form, the global Dodecyl gallate market can be segmented as:
On the basis of End Use Industry, the global Dodecyl gallate market can be segmented as:
Dodecyl gallate Market: Regional Outlook
Asia Pacific includes world’s most populous countries such as China, and India. Increasing population in Asian countries along with improving economy is pushing the demand for processed food consumption in the region. Changing lifestyle and increasing demand for quick service food products is also driving the demand for preservatives in this market, helping growth of products such as Dodecyl Gallate. Factors such as growing processed food consumption, increasing discretionary incomes, need for high quality food products with longer packaged life is expected to boost the demand for dodecyl gallate in the region during the forecast period. Asia pacific is the leading region in dodecyl gallate market followed by North America. Europe follows North America in terms of demand for dodecyl gallate. Stringent regulations on food and cosmetic additives in Europe are responsible for the small share of Europe compared to Asia Pacific dodecyl gallate market. Latin America and Middle East are small markets for dodecyl gallate, however more opportunities can be seen in Middle East & Africa region, for growth of dodecyl gallate demand.
Global Dodecyl gallate Market Participants
Some of the market participants identified across the value chain of global Dodecyl gallate market are:
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