North America EVOH Resins Market for Food Application Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (Films, Trays, Bottles, Bag-in-Box, and Others) and End-Use (Bakery and Confectionery; Beverages; Sauces and Dressings; Meat, Poultry, and Seafood; RTE Foods and Meals; and Others)
The EVOH resins market for food application in North America is expected to grow from US$ 242.87 million in 2022 to US$ 307.80 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2022 to 2028.
The rising application of EVOH resins in the food packaging sector is the major factor driving the North America EVOH resins market for food application. EVOH resins are specially used as a barrier in packaging, such as films, trays, and bottles, via a co-extrusion process to protect meals from oxygen, which can create moisture in packed food. Increasing population and rising per capita disposable income of consumers are propelling the demand for packed food. Changing lifestyles of consumers and increasing consumption of bread, sausages, and other snacks are driving the demand for EVOH resins in the food packaging sector. Growing demand for packaging offering high barrier properties and surging need to increase shelf life and consumer safety are among the factors boosting the need for EVOH resins in the sector.
The rising awareness regarding the safety and hygiene of consumables and clean room packaging is increasing the EVOH application in the food packaging industry. Manufacturers are taking additional precautions to preserve the quality and shelf life of foods using technology-based packaging. Interactive food packaging is gaining popularity among health-conscious consumers. EVOH packaging offers value-added solutions. Also, it is a cost-effective packaging solution that helps maintain the quality of food products in the supply chain in all environmental conditions. EVOH packaging also helps include antimicrobials, antioxidants, and moisture absorbers in packaging, which delays the ripening of food products and prolongs shelf life by reducing microbial growth. Further, with the increasing awareness about pollution and global warming, consumers prefer to use eco-friendly food packaging, which is propelling the demand for EVOH resins in the food packaging sector.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America EVOH resins market for food application. The North America EVOH resins market for food application is expected to grow at a good CAGR during the forecast period.
North America EVOH Resins Market for Food Application Revenue and Forecast to 2028 (US$ Million)
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North America EVOH Resins Market for Food Application Segmentation
The North America EVOH resins market for food application is segmented into application, end use, and country.
Based on application, the North America EVOH resins market for food application is segmented into films, trays, bottles, bag-in-box, and others. The films segment held the largest market share in 2022.
Based on end use, the North America EVOH resins market for food application is segmented into bakery and confectionery; beverages; sauces and dressings; meat, poultry, and seafood; RTE foods and meals; and others. The meat, poultry, and seafood segment held the largest market share in 2022.
Based on country, the North America EVOH resins market for food application is segmented into the US, Canada, and Mexico. The US held the largest market share in 2022.
Arkema, Chang Chun Group, Coveris, Kureha Europe B.V., Mitsubishi Chemical Europe GmbH, and Solvay S.A. are among the leading companies in the North America EVOH resins market for food application.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America EVOH Resins Market for Food Application, by Application
1.3.2 North America EVOH Resins Market for Food Application, by End Use
1.3.3 North America EVOH Resins Market for Food Application, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America EVOH Resins Market for Food Application Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America EVOH Resins Market for Food Application – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Application in Food Packaging Sector
5.1.2 Rules and Regulations Regarding Use of Sustainable Eco-Friendly Packaging
5.2 Market Restraints
5.2.1 Presence of Low-Cost Substitutes
5.3 Market Opportunities
5.3.1 Consumer Preference for Online Sales Channels to Purchase EVOH Films
5.4 Future Trends
5.4.1 Increasing Focus of Market Players on Product Innovation and Consumer Convenience
5.5 Impact Analysis
6. EVOH Resins Market for Food Application – North America Market Analysis
6.1 North America EVOH Resins Market for Food Application Overview
6.2 North America EVOH Resins Market for Food Application –Revenue and Forecast to 2028 (US$ Thousand)
6.3 North America EVOH Resins Market for Food Application –Volume and Forecast to 2028 (Tons)
7. North America EVOH Resins Market for Food Application Analysis – By Application
7.1 Overview
7.2 North America EVOH Resins Market for Food Application, By Application (2021 and 2028)
7.3 Films
7.3.1 Overview
7.3.2 Films: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.3.3 Films: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
7.4 Tray
7.4.1 Overview
7.4.2 Tray: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.4.3 Tray: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
7.5 Bottles
7.5.1 Overview
7.5.2 Bottles: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.5.3 Bottles: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
7.6 Bag-in-box and Others
7.6.1 Overview
7.6.2 Bag-in-box and Others: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
7.6.3 Bag-in-box and Others: EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
8. North America EVOH Resins Market for Food Application Analysis – End Use
8.1 Overview
8.2 North America EVOH Resins Market for Food Application, By End Use (2021 and 2028)
8.3 Bakery and Confectionery
8.3.1 Overview
8.3.2 Bakery and Confectionery: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.4 Beverages
8.4.1 Overview
8.4.2 Beverages: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.5 Sauces and Dressings
8.5.1 Overview
8.5.2 Sauces and Dressings: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.6 Meat Poultry and Seafood
8.6.1 Overview
8.6.2 Meat Poultry and Seafood: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.7 RTE Foods and Meals
8.7.1 Overview
8.7.2 RTE Foods and Meals: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
8.8 Others
8.8.1 Overview
8.8.2 Others: EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
9. North America EVOH Resins Market for Food Application –Country Analysis
9.1 Overview
9.1.1 North America: EVOH Resins Market for Food Application, by Key Country
9.1.1.1 US: EVOH Resins Market for Food Application –Volume and Forecast to 2028 (Tons)
9.1.1.2 US: EVOH Resins Market for Food Application –Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.1 US: EVOH Resins Market for Food Application, by Application
9.1.1.2.2 US: EVOH Resins Market for Food Application, by Application
9.1.1.2.3 US: EVOH Resins Market for Food Application, by End Use
9.1.1.3 Canada: EVOH Resins Market for Food Application–Volume and Forecast to 2028 (Tons)
9.1.1.4 Canada: EVOH Resins Market for Food Application–Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.4.1 Canada: EVOH Resins Market for Food Application, by Application
9.1.1.4.2 Canada: EVOH Resins Market for Food Application, by Application
9.1.1.4.3 Canada: EVOH Resins Market for Food Application, by End Use
9.1.1.5 Mexico: EVOH Resins Market for Food Application–Volume and Forecast to 2028 (Tons)
9.1.1.6 Mexico: EVOH Resins Market for Food Application–Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.6.1 Mexico: EVOH Resins Market for Food Application, by Application
9.1.1.6.2 Mexico: EVOH Resins Market for Food Application, by Application
9.1.1.6.3 Mexico: EVOH Resins Market for Food Application, by End Use
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. COMPANY PROFILES
11.1 Chang Chun Group.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Coveris
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Mitsubishi Chemical Europe GmbH
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Gantrade Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 KUREHA CORPORATION
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Arkema
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Solvay S.A.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America EVOH Resins Market for Food Application –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. North America EVOH Resins Market for Food Application –Volume and Forecast to 2028 (Tons)
Table 3. North America EVOH Resins Market for Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 4. North America EVOH Resins Market for Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 5. US EVOH Resins Market for Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 6. US EVOH Resins Market for Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 7. US EVOH Resins Market for Food Application, by End Use – Revenue and Forecast to 2028 (USD Thousand)
Table 8. Canada: EVOH Resins Market for Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 9. Canada: EVOH Resins Market for Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 10. Canada EVOH Resins Market for Food Application, by End Use – Revenue and Forecast to 2028 (USD Thousand)
Table 11. Mexico EVOH Resins Market for Food Application, by Application – Volume and Forecast to 2028 (Tons)
Table 12. Mexico EVOH Resins Market for Food Application, by Application – Revenue and Forecast to 2028 (USD Thousand)
Table 13. Mexico EVOH Resins Market for Food Application, by End Use – Revenue and Forecast to 2028 (USD Thousand)
Table 14. Glossary of Terms, North America EVOH Resins Market for Food Application
LIST OF FIGURES
Figure 1. North America EVOH Resins Market for Food Application Segmentation
Figure 2. North America EVOH Resins Market for Food Application Segmentation – By Country
Figure 3. North America EVOH Resins Market for Food Application Overview
Figure 4. North America EVOH Resins Market for Food Application, By Application
Figure 5. North America EVOH Resins Market for Food Application, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: North America EVOH Resins Market for Food Application
Figure 8. Expert Opinion
Figure 9. North America EVOH Resins Market for Food Application: Impact Analysis of Drivers and Restraints
Figure 10. North America EVOH Resins Market for Food Application – Revenue and Forecast to 2028 (US$ Thousand)
Figure 11. North America EVOH Resins Market for Food Application – Volume and Forecast to 2028 (Tons)
Figure 12. North America EVOH Resins Market for Food Application Revenue Share, By Application (2021 and 2028)
Figure 13. North America Films: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. North America Films: EVOH Resins Market for Food Application – Volume and Forecast To 2028 (Tons)
Figure 15. North America Tray: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. North America Tray: EVOH Resins Market for Food Application – Volume and Forecast To 2028 (Tons)
Figure 17. North America Bottles: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. North America Bottles: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (Tons)
Figure 19. North America Bag-in-box and Others: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. North America Bag-in-box and Others: EVOH Resins Market for Food Application – Volume and Forecast To 2028 (Tons)
Figure 21. North America EVOH Resins Market for Food Application Revenue Share, By End Use (2021 and 2028)
Figure 22. North America Bakery and Confectionery: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. North America Beverages: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 24. North America Sauces and Dressings: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. North America Meat Poultry and Seafood: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 26. North America RTE Foods and Meals: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 27. North America Others: EVOH Resins Market for Food Application – Revenue and Forecast To 2028 (US$ Thousand)
Figure 28. North America: EVOH Resins Market for Food Application, By Key Country – Revenue (2021) (US$ Thousand)
Figure 29. North America: EVOH Resins Market for Food Application Revenue Share, by Key Country (2021 and 2028)
Figure 30. US: EVOH Resins Market for Food Application –Volume and Forecast to 2028 (Tons)
Figure 31. US: EVOH Resins Market for Food Application –Revenue and Forecast to 2028 (US$ Thousand)
Figure 32. Canada: EVOH Resins Market for Food Application–Volume and Forecast to 2028 (Tons)
Figure 33. Canada: EVOH Resins Market for Food Application–Revenue and Forecast to 2028 (US$ Thousand)
Figure 34. Mexico: EVOH Resins Market for Food Application–Volume and Forecast to 2028 (Tons)
Figure 35. Mexico: EVOH Resins Market for Food Application–Revenue and Forecast to 2028 (US$ Thousand)
- Arkema
- Chang Chun Group
- Coveris
- Kureha Europe B.V.
- Mitsubishi Chemical Europe
- GmbH
- Solvay S.A.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America EVOH resins market for food application market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America EVOH resins market for food application market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the EVOH resins market for food application market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution