The global food grade polyvinyl acetate market is expected to grow at a CAGR of 5.10% in the forecast period of 2025-2034.
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.
By type, the market is divided into:
Granular
Flakes
The major applications of market include:
Gum Candy
Fresh Fruit
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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 report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Table of Contents
1 Executive Summary
1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends 2.2 Key Verticals 2.3 Key Regions 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk 4.2 Business Climate
5 Global Food Grade Polyvinyl Acetate Market Analysis
5.1 Key Industry Highlights 5.2 Global Food Grade Polyvinyl Acetate Historical Market (2018-2024) 5.3 Global Food Grade Polyvinyl Acetate Market Forecast (2025-2034) 5.4 Global Food Grade Polyvinyl Acetate Market by Type 5.4.1 Granular 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Flakes 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.5 Global Food Grade Polyvinyl Acetate Market by Application 5.5.1 Gum Candy 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Fresh Fruit 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.5.3 Others 5.6 Global Food Grade Polyvinyl Acetate Market by Region 5.6.1 North America 5.6.1.1 Historical Trend (2018-2024) 5.6.1.2 Forecast Trend (2025-2034) 5.6.2 Europe 5.6.2.1 Historical Trend (2018-2024) 5.6.2.2 Forecast Trend (2025-2034) 5.6.3 Asia Pacific 5.6.3.1 Historical Trend (2018-2024) 5.6.3.2 Forecast Trend (2025-2034) 5.6.4 Latin America 5.6.4.1 Historical Trend (2018-2024) 5.6.4.2 Forecast Trend (2025-2034) 5.6.5 Middle East and Africa 5.6.5.1 Historical Trend (2018-2024) 5.6.5.2 Forecast Trend (2025-2034)
6 North America Food Grade Polyvinyl Acetate Market Analysis
6.1 United States of America 6.1.1 Historical Trend (2018-2024) 6.1.2 Forecast Trend (2025-2034) 6.2 Canada 6.2.1 Historical Trend (2018-2024) 6.2.2 Forecast Trend (2025-2034)
7 Europe Food Grade Polyvinyl Acetate Market Analysis
10 Middle East and Africa Food Grade Polyvinyl Acetate Market Analysis
10.1 Saudi Arabia 10.1.1 Historical Trend (2018-2024) 10.1.2 Forecast Trend (2025-2034) 10.2 United Arab Emirates 10.2.1 Historical Trend (2018-2024) 10.2.2 Forecast Trend (2025-2034) 10.3 Nigeria 10.3.1 Historical Trend (2018-2024) 10.3.2 Forecast Trend (2025-2034) 10.4 South Africa 10.4.1 Historical Trend (2018-2024) 10.4.2 Forecast Trend (2025-2034) 10.5 Others
11 Market Dynamics
11.1 SWOT Analysis 11.1.1 Strengths 11.1.2 Weaknesses 11.1.3 Opportunities 11.1.4 Threats 11.2 Porter’s Five Forces Analysis 11.2.1 Supplier’s Power 11.2.2 Buyer’s Power 11.2.3 Threat of New Entrants 11.2.4 Degree of Rivalry 11.2.5 Threat of Substitutes 11.3 Key Indicators for Demand 11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Supplier Selection 13.2 Key Global Players 13.3 Key Regional Players 13.4 Key Player Strategies 13.5 Company Profiles 13.5.1 Wacker 13.5.1.1 Company Overview 13.5.1.2 Product Portfolio 13.5.1.3 Demographic Reach and Achievements 13.5.1.4 Certifications 13.5.2 Brenntag Specialties 13.5.2.1 Company Overview 13.5.2.2 Product Portfolio 13.5.2.3 Demographic Reach and Achievements 13.5.2.4 Certifications 13.5.3 Vinavil 13.5.3.1 Company Overview 13.5.3.2 Product Portfolio 13.5.3.3 Demographic Reach and Achievements 13.5.3.4 Certifications 13.5.4 Jiangsu Yinyang Gumbase Materials 13.5.4.1 Company Overview 13.5.4.2 Product Portfolio 13.5.4.3 Demographic Reach and Achievements 13.5.4.4 Certifications 13.5.5 Celanese 13.5.5.1 Company Overview 13.5.5.2 Product Portfolio 13.5.5.3 Demographic Reach and Achievements 13.5.5.4 Certifications 13.5.6 Foreverest Resources Ltd. 13.5.6.1 Company Overview 13.5.6.2 Product Portfolio 13.5.6.3 Demographic Reach and Achievements 13.5.6.4 Certifications 13.5.7 Nacalai 13.5.7.1 Company Overview 13.5.7.2 Product Portfolio 13.5.7.3 Demographic Reach and Achievements 13.5.7.4 Certifications 13.5.8 Others
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