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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Food Grade Polyvinyl Acetate Market Outlook

The global food grade polyvinyl acetate market is expected to grow at a CAGR of 5.10% in the forecast period of 2024-2032.

Global Food Grade Polyvinyl Acetate Market

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North America to be a Significant Regional Market for Food Grade Polyvinyl Acetate

North America is one of the significant regions of the food grade polyvinyl acetate industry due to the robust growth of the food and beverages industry. As food and beverage manufacturers as well as retailers are incorporating food-grade polyvinyl acetate solutions into their product portfolios to extend the shelf life of the edibles, the market is growing rapidly. Meanwhile, the Asia Pacific region is witnessing robust growth due to the rising use of polyvinyl acetate in food-grade materials by manufacturers. The growing use of food grade polyvinyl acetate as an alternative for synthetic plastic for food applications is driving the market growth. The rising awareness regarding the harmful effects of contamination is increasing the demand for food grade polyvinyl acetate, hence significantly contributing to the growth of the overall market.

Food Grade Polyvinyl Acetate: Market Segmentation

Food grade polyvinyl acetate is a synthetic polymer that is biocompatible, bioadhesive, and non-toxic. It is typically utilised as a raw material in manufacturing chewing gums. It coats citrus fruits, sweets, chocolate, and apples in a glossy finish and is used to layer fruits. The new apples or citrus fruits with PVA coatings appear fresh and delicious, due to which they are extensively used to enhance the freshness and shelf stability of food products.

Global Food Grade Polyvinyl Acetate Market By Segment

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By type, the market is divided into:

  • Granular
  • Flakes

The major applications of food grade polyvinyl acetate in the market include:

  • Gum Candy
  • Fresh Fruit
  • Others

The EMR report looks into the regional markets of food grade polyvinyl acetate like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Food Grade Polyvinyl Acetate Market By Region

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Increasing Demand for Food Grade Polyvinyl Acetate in Various Applications Boosting the Market Growth

The growth of the global market can be attributed to the increasing demand for food grade polyvinyl acetate in various applications such as in the coating of gum candy and fresh fruit. In addition, the growing demand for high-quality and ready-to-eat foods with extended shelf lives are leading to the development of new manufacturing technologies that efficiently preserve the freshness, appearance, and flavour profile of products. This, in turn, is surging the demand for food grade polyvinyl acetate in the food and beverage industry, which is anticipated to provide further impetus to the growth of the market in the forecast period.

Key Industry Players in the Global Food Grade Polyvinyl Acetate Market

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

  • Wacker
  • Brenntag Specialties
  • Vinavil
  • Jiangsu Yinyang Gumbase Materials
  • Celanese
  • Foreverest Resources Ltd.
  • Nacalai
  • Others

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

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Granular
  • Flakes
Breakup by Application
  • Gum Candy
  • Fresh Fruit
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Wacker
  • Brenntag Specialties
  • Vinavil
  • Jiangsu Yinyang Gumbase Materials
  • Celanese
  • Foreverest Resources Ltd.
  • Nacalai
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global food grade polyvinyl acetate market is projected to grow at a CAGR of 5.10% between 2024 and 2032.

The industry is being fuelled by the increasing awareness regarding health and safety issues related to plastic materials used in food packaging, the robust growth of the food and beverages industry, and the introduction of stringent regulations regarding the use of plastics in the food and beverages industry.

The increasing demand for food grade polyvinyl acetate in various applications, and the growing demand for natural food and beverages with extended shelf life are predicted to propel the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of food grade polyvinyl are granular and flakes.

The significant applications of food grade polyvinyl acetate in the market include gum candy and fresh fruit, among others.

The major players in the industry are Wacker, Brenntag Specialties, Vinavil, Jiangsu Yinyang Gumbase Materials, Celanese, Foreverest Resources Ltd., and Nacalai, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124