Increasing demand for fresh, healthy, and quality packaged food is likely to propel market growth. The oxygen absorption properties offered by scavengers help in retaining the quality of various consumable products. The Global Oxygen Scavengers Market size is expected to be worth USD 2.67 billion by 2025, according to a new report by Grand View Research, Inc. The demand for oxygen scavengers in food and beverage industry is witnessing a rise as they provide protection from various microorganisms, spoilage, color & nutrient loss, and rancidity of food. Food products, such as vegetables, fruits, dairy products, and processed foods, are perishable in nature and require protection from atmospheric oxygen. Other food products such as nuts, bakery items, and several beverages also require protection to extend their shelf life and reduce food wastage. Additionally, augmenting demand from chemical and pharmaceutical industries is anticipated to accelerate the market growth. R...