Butylated hydroxytoluene which is commonly known as BHT, is a synthetic organic compound that is chiefly used as an antioxidant in food, food packaging, petroleum products and rubber manufacturing. BHT acts as a preservative by helping to prevent the oxidation of fats and oils in food products, which causes rancidity and changes in texture, color, and taste. It helps extend the shelf life of foods by reacting with oxygen, free radicals, and other oxidants and halting autoxidation chain reaction. As consumer preference for packaged, processed, and long shelf-life food items increases globally, the demand for food preservatives like BHT is growing steadily.
Market Dynamics:
: The butylated hydroxytoluene market is driven by the rising demand for convenience food and packaged food products due to busy lifestyles and increasing population. It is widely used as a preservative in baked goods, fried foods, cereals, snack foods, candies and many other packaged products. Growing food processing industry around the world is fueling the consumption of BHT. However, health concerns relating to potential carcinogenicity of BHT is restricting its market growth. Some countries and states have imposed limitations on the use of BHT in food items. The market players are investing in research to develop safer alternatives to butylated hydroxytoluene. Meanwhile, opportunities lie in the emerging markets of Asia Pacific and Latin America where the growth of food processing industry is high.
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