Propyl Gallate Market Overview
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Propyl Gallate Market Scope
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Global Propyl Gallate Market Dynamics:
A report published in the US National Library of Medicine states that Propyl Gallate holds medicinal properties that result in death for cancer cells. Propyl Gallate is used for manufacturing medicines on digestion and excretion-related issues. This discovery has opened doors for a wide level of consumption of Propyl Gallate by the Pharmaceuticals Industry. An increase in the number of people suffering from cancer is the major driving factor for the increased use of Propyl Gallate.
Propyl Gallate Market Segmentation
By Grade More than 25% of the propyl gallate produced is reportedly of a food-grade. The organized food and beverage industry has seen a 2.1% growth in demand for propyl gallate as a result of rising demand for baked goods and edible oils. The demand for medicinal-grade propyl gallate has increased by 3% as a result of a rise in the popularity of medications for digestive problems. In the US and Europe, there has been a 2.3% increase in demand for feed grade propyl gallate.
by the end user It has been noted that the food and beverage industry consumes more than 20% of all produced propyl gallate. Propyl Gallate usage has expanded across a variety of sectors, including the cosmetic, pharmaceutical, and animal husbandry industries.
Propyl Gallate Market Key Players
• Merck & Co. Inc.
• Thermo Fisher Scientific
• Impextraco NV
• Kemin Industries Inc.
• Minakem
• Haihang Industry Co. Ltd.
• VEEPRHO Pharmaceuticals S.R.O.
• Microherb
• Leshan Sanjiang Bio-Tech Co. Ltd.
• Gallochem Co. Ltd.
• Hunan Linong Technology Co. Ltd.
• Tianxin Medical & Chemical
• Chicheng Biotech
• BAF Chemical Co. Ltd.
• Xiangxi Gaoyuan Bio-Technology Co. Ltd.
Regional Analysis
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