Brazil Anti-fog Additives Market Size & Outlook, 2021-2030
Brazil anti-fog additives market, 2018-2030 (US$M)
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Brazil anti-fog additives market highlights
- The Brazil anti-fog additives market generated a revenue of USD 58.0 million in 2021 and is expected to reach USD 107.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.1% from 2022 to 2030.
- In terms of segment, glycerol esters was the largest revenue generating product in 2021.
- Polyglycerol Esters is the most lucrative product segment registering the fastest growth during the forecast period.
Anti-fog additives market data book summary
| Market revenue in 2021 | USD 58.0 million |
| Market revenue in 2030 | USD 107.2 million |
| Growth rate | 7.1% (CAGR from 2021 to 2030) |
| Largest segment | Glycerol esters |
| Fastest growing segment | Polyglycerol Esters |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glycerol Esters, Ethoxylated Sorbitan Esters, Polyglycerol Esters, Sorbitan Esters, Polyoxyethylene Esters |
| Key market players worldwide | Clariant AG, Akzo Nobel NV, Ashland Inc, Croda International PLC, Evonik Industries AG, Avient Corp, DuPont de Nemours Inc, Palsgaard, Lifeline Biotechnologies Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.2% of the global anti-fog additives market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil anti-fog additives market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 107.2 million by 2030.
Glycerol esters was the largest segment with a revenue share of 30.34% in 2021. Horizon Databook has segmented the Brazil anti-fog additives market based on glycerol esters, ethoxylated sorbitan esters, polyglycerol esters, sorbitan esters, polyoxyethylene esters covering the revenue growth of each sub-segment from 2018 to 2030.
Growing food & beverages output in Brazil in light of regulatory support and implementation of Economic Stabilization Program (The Real Plan) at domestic level has played a crucial role in augmenting market growth. However, the emergence of Brazil as a manufacturing hub of biopolymers and biofuels is expected to reduce the usage of sugar alcohols for the production of anti-fog additives over the next eight years.
Improving demand for baked goods in Brazil as a result of product innovation in terms of frozen bakery and desert items is expected to fuel the demand for anti-fog additives in packaging industry. In addition, high market visibility for red meat as protein source in Brazil is expected to force food processing companies are anticipated to invest in R&D of new convenience foods which is expected to promote the demand for anti-fog additives in packaging.
Consumer preference towards hygiene related frozen products coupled with the new trend of online grocery purchase in Brazil is expected to have a positive impact on the regional growth over the forecast period. In addition, frozen ready meals products are presumed to witness significant growth owing to their increased popularity on account of hygiene and timely preparation.
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Anti-Fog Additives Market Scope
Anti-Fog Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil anti-fog additives market size, by product, 2018-2030 (US$M)
Brazil Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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