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![Brominated Vegetable Oil (BVO) Market to reach USD 5.22 billion by 2031, with a CAGR of 6.10%, Segments, key facts, size](https://s3.us-west-2.amazonaws.com/timessquarereporter.com/upload/media/posts/2024-06/10/brominated-vegetable-oil-bvo-market-to-reach-usd-5-22-billion-by-2031-with-a-cagr-of-6-10-segments-key-facts-size_1718008067-b.jpg)
This Brominated Vegetable Oil (BVO) market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Brominated Vegetable Oil (BVO) report simplifies managing marketing of goods and services effectively.
The global brominated vegetable oil BVO market size was valued at USD 3.25 billion in 2023 and is projected to reach USD 5.22 billion by 2031, with a CAGR of 6.10% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Overview:
Brominated Vegetable Oil (BVO) is a food additive that is used as an emulsifier in citrus-flavored soft drinks and sports drinks. It is derived from vegetable oil and contains bromine, which is added to the oil to make it more soluble in water. BVO aids in evenly distributing flavoring agents throughout the beverage, preventing them from separating. In addition to its emulsifying properties, BVO also acts as a stabilizer, helping to maintain the flavor and color of the beverage over time.
Some of the major market players operating in the market are:
- Synutra International (China)
- Kraft Foods Group, Inc. (U.S.)
- Kerry Ingredients & Flavours (Ireland)
- Abitec Corporation (U.S.)
- Watson Inc. (U.S.)
- Advanced Food Systems Inc. (U.S.)
- Aarhuskarlshamn AB (Sweden)
- Firmenich SA (Switzerland)
- BASF Company (Germany)
Global Brominated Vegetable Oil (BVO) Market Scope
The market is segmented on the basis of source and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Soy
- Corn
Application
- Beverages
- Bakery Products
- Pesticides
- Flame Retardant
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Brominated Vegetable Oil (BVO) Market Landscape
Part 04: Global Brominated Vegetable Oil (BVO) Market Sizing
Part 05: Global Brominated Vegetable Oil (BVO) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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