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Global Food Grade Polyvinyl Acetate Market: By Type: Granular, Flakes; By Application: Gum Candy, Fresh Fruit, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; Competitive Landscape; Industry Events and Developments
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 2023-2028.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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 |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Food Grade Polyvinyl Acetate Market Analysis
8.1 Key Industry Highlights
8.2 Global Food Grade Polyvinyl Acetate Historical Market (2018-2022)
8.3 Global Food Grade Polyvinyl Acetate Market Forecast (2023-2028)
8.4 Global Food Grade Polyvinyl Acetate Market by Type
8.4.1 Granular
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Flakes
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Food Grade Polyvinyl Acetate Market by Application
8.5.1 Gum Candy
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Fresh Fruit
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Food Grade Polyvinyl Acetate Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Food Grade Polyvinyl Acetate Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Food Grade Polyvinyl Acetate Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Food Grade Polyvinyl Acetate Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Food Grade Polyvinyl Acetate Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Food Grade Polyvinyl Acetate Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Wacker
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Brenntag Specialties
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Vinavil
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Jiangsu Yinyang Gumbase Materials
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Celanese
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Foreverest Resources Ltd.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Nacalai
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Food Grade Polyvinyl Acetate Market: Key Industry Highlights, 2018 and 2028
2. Global Food Grade Polyvinyl Acetate Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Food Grade Polyvinyl Acetate Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Food Grade Polyvinyl Acetate Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Food Grade Polyvinyl Acetate Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Food Grade Polyvinyl Acetate Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Food Grade Polyvinyl Acetate Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Food Grade Polyvinyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Food Grade Polyvinyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Food Grade Polyvinyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Food Grade Polyvinyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Food Grade Polyvinyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Food Grade Polyvinyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Food Grade Polyvinyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Food Grade Polyvinyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Food Grade Polyvinyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Food Grade Polyvinyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Food Grade Polyvinyl Acetate Market Structure
Key Questions Answered in the Report
The global food grade polyvinyl acetate market is projected to grow at a CAGR of 5.10% between 2023 and 2028.
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.
Analyst Review
The global food grade polyvinyl acetate market is driven by the increasing demand for food grade polyvinyl acetate in various applications. Aided by the the growing demand for high-quality, ready-to-eat foods with extended shelf lives, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of growing at a CAGR of 5.10%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the food grade polyvinyl acetate industry is categorised into granular and flakes. On the basis of application, the market is divided into gum candy and fresh fruit, among others. The major regional markets for food grade polyvinyl acetate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Wacker, Brenntag Specialties, Vinavil, Jiangsu Yinyang Gumbase Materials, Celanese, Foreverest Resources Ltd., and Nacalai, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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