Butylated hydroxytoluene market trends are slated to witness considerable transformation over the forecast period due to the rising demand of food and personal care products. Butylated hydroxytoluene (BHT) is widely applicable in the production of processed food. Consumer inclination towards packaged meals is growing due to a busier work schedule and ready availability of the products in supermarkets and convenient stores, since these do not require further preparation to consumed, considerably favoring the BHT industry outlook.
Butylated hydroxytoluene is one of the extensively used synthetic antioxidants for preserving food products and prevent changes in food texture, color and flavor as well as to increase the shelf life of the product. BHT is essentially utilized in the manufacturing of processed foods, fast foods, desserts, and beverages which, will increase the demand for the ingredient extensively in the coming years. The rapid urbanization, surge in disposable incomes and subsequent rise in purchasing power of consumers will significantly contribute towards the expansion of butylated hydroxytoluene market size.
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In addition to food, BHT is also extensively used in the cosmetic and skincare segments, which is likely to expand the scope of butylated hydroxytoluene market substantially. Owing to changing climatic conditions and global warming, the demand of skin care products has changed dramatically over the years. BHT acts as an antioxidant and preservative that neutralizes free oxygen radicals, stabilizes colorants and significantly increases shelf lives. Rising demand for skincare products is anticipated to notably drive adoption of BHT in the cosmetics sector.
The antioxidant properties of BHT are widely utilized in the manufacturing of animal feed products. It also aids in preventing the rancidity of fats contained in the feedstocks, which ensures the maintenance of the nutritional value of the feed. Reportedly, the U.S. butylated hydroxytoluene market is expected to surpass USD 85 million in annual revenues over the projected timeframe.
Growing number of animal feed manufacturing mills in the region will fortify the ingredient demand, as the growing population in U.S. will immensely strengthen the consumption of animal-based food products.
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