Butylated Hydroxytoluene Market Analysis

Grade (Technical, Food)

The food grade segment is estimated to hold 65% share of the butylated hydroxytoluene market in the year 2037. As BHT is widely used in food products to prevent oxidation and extend shelf life, the Food Grade segment plays a crucial role in ensuring the quality and safety of various food items. According to a report, the global sales of packaged/processed foods and ready-to-eat meals reached USD 3.2 trillion in 2019, and this trend is expected to continue growing. BHT has been approved as a food additive by regulatory authorities worldwide, including the U.S. Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA). This regulatory approval ensures the safe use of BHT as a food preservative. The Food and Agriculture Organization (FAO) estimates that approximately one-third of the world's food production is lost or wasted each year. Food preservatives like BHT can help reduce food spoilage and waste, contributing to sustainability efforts.

End User (Food, Cosmetics, Pharmaceutical)

Butylated hydroxytoluene market from the pharmaceuticals segment is expected to garner a significant share in the year 2037. The Pharmaceuticals segment of Butylated Hydroxytoluene (BHT) is driven by several factors related to its use as an antioxidant and stabilizer in pharmaceutical products. BHT helps prevent drug degradation and maintain the quality and efficacy of pharmaceutical formulations. A study published in the International Journal of Pharmacy and Pharmaceutical Sciences demonstrated that BHT effectively increased the shelf life and stability of a drug formulation containing a sensitive active ingredient. According to the World Health Organization (WHO), over 50% of medicines are inappropriately stored, which can lead to decreased shelf life and efficacy. BHT's use in pharmaceutical formulations can help address this issue by maintaining drug stability.

Our in-depth analysis of the global BHT market includes the following segments: