Propyl Gallate Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global propyl gallate market attained a value of USD 337.44 Million in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 6.40%, to reach USD 627.50 Million by 2034.

The Asia-Pacific Presents Significant Growth Opportunities for the Propyl Gallate Industry

Region-wise, the Asia-Pacific region is a significant market for propyl gallate and is expected to experience substantial growth in the forecast period owing to the growing self-awareness, rising urban population, and personal health consciousness, in conjunction with an increasing consumption of processed and packaged food. Matured markets such as North America and Europe, are expected to be the favourable markets for propyl gallate due to the growing inclination towards the consumption of packaged and processed food products and cosmetics and personal care products.

However, the market growth in the regions might suffer in the forecast period as there is a rising demand for bio-based products in Europe and North America regions. Within Latin America and the Middle East and Africa, the market is predicted to witness a healthy growth owing to the substantial growth opportunities in these regions. The market within these regions is further aided the changing demographics resulting in the increased demand for packaged food and personal care products.

Propyl Gallate: Market Segmentation

Propyl gallate is an organic compound that belongs to the ester family. It is a white crystalline powder and is soluble in various organic compounds. It is mostly used as an antioxidant to prevent oxidation and stabilise animal feed, food, and food packaging products. The product is also used as an antioxidant in several cosmetics and personal care products like grooming products, toothpaste, and other personal care products.

Market Breakup by Function

• Antioxidant
• Anti-Quenching Agents
• Adhesives
• Lubricating Agents
• Additives
• Others

Market Breakup by End Use

• Pharmaceuticals
• Food and Beverage
• Animal Feed
• Cosmetics and Personal Care
• Oil and Gas
• Others

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Rising Demand from the Pharmaceutical Industry to Aid the Global Market Growth of Propyl Gallate

The market growth for propyl gallate is being driven by the accelerated growth of the food and beverage industry and the pharmaceutical industry. The market is further being aided by the rising population and changing lifestyles, which has resulted in the change in food preferences and eating habits. The adoption of busier lifestyles and changing demographics, along with the rising urban population, has provided an impetus to the consumption of packaged food products. Thereby enhancing the propyl gallate industry growth.

Key Industry Players in the Global Propyl Gallate Market

The report gives a detailed analysis of the following key players in the global propyl gallate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Impextraco NV
• Leshan Sanjiang Bio-tech Co., Ltd.
• Rexler
• Gallochem Co., Ltd.
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.