Global Food Grade Triacetin Market

Global Food Grade Triacetin Market Key Players Competitive Survey Report 2024

Global Food Grade Triacetin Market

Global Food Grade Triacetin Market Key Players Competitive Survey Report 2024

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The global Food Grade Triacetin market size in 2023 is 326.7 million US dollars, and it is expected to be 473.1 million US dollars by 2030, with a compound annual growth rate of 5.43% expected in 2024-2030.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Food Grade Triacetin market include Eastman Chemical Company (U.S.), LANXESS (Germany, Daicel Corporation (Japan), Jiangsu Ruijia Food Ingredient Co., Ltd. (China), and MOSSELMAN (Belgium). The share of the top 3 players in the Food Grade Triacetin market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Food Grade Triacetin market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Plasticizer accounted for XX% of Food Grade Triacetin market in 2023. Solvent share of XX%.

Tobacco accounted for XX% of the Food Grade Triacetin market in 2023. Food and Beverages accounts for XX%.

Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

COVID-19 Impact:

Outbreak of COVID-19 pandemic due to lockdown restrictions imposed by governments around the world has affected the growth of the global Food Grade Triacetin market in 2020. The containment measures taken by the governments of various countries in response to control the outbreak of COVID-19 disrupted the entire supply chain by creating logistical interruptions, transportation restrictions, and product supply across borders.

The report analyzes the key trends in each segment of the global Food Grade Triacetin market along with global and country-level forecasts from 2024 to 2028. Our report segments the market based on types and applications, thereby providing a detailed analysis of the market to help gain an in-depth understanding of the market and enable market participants, stakeholders, investors, etc. to have a clearer understanding of the market and judgment.

Key benefits to stakeholders:

The report provides a comprehensive quantitative analysis of various segments, historical and current market trends, market forecasts, and dynamics of the Food Grade Triacetin market for 2019-2030.

The research report provides the latest information on the market drivers, challenges and opportunities of the global Food Grade Triacetin market.

The study profiles the leading as well as the fastest growing regional markets. It further enables stakeholders to identify key country-level markets within each region.

Porter's Five Forces Analysis helps stakeholders assess the impact of new entrants, competitors, supplier strength, buyer strength, and threat of substitution. It helps stakeholders analyze the level of competition in the Food Grade Triacetin industry and its attractiveness.

The competitive landscape enables stakeholders to understand their competitive environment and gain insight into the current position of the key players in the market.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Spain

Nordic

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Egypt

South Africa

UAE

Turkey

Saudi Arabia

Player list

Eastman Chemical Company (U.S.)

LANXESS (Germany

Daicel Corporation (Japan)

Jiangsu Ruijia Food Ingredient Co., Ltd. (China)

MOSSELMAN (Belgium)

KLK OLEO (Malaysia)

BASF SE (Germany)

Types list

Plasticizer

Solvent

Humectant

Application list

Tobacco

Food and Beverages

Pharmaceutical

Cosmetic

Chemical

Table of Content

1 Food Grade Triacetin Market Introduction and Overview

1.1 Food Grade Triacetin Definition

1.2 Research Purposes

1.3 Report Timeline

1.4 Economic Analysis of Global Regions

1.5 Inflation Analysis

1.6 The Impact of the Russian-Ukrainian War on the Market

1.7 Coronavirus Disease 2020 (COVID-19) Impact on Global

2 Global Food Grade Triacetin Historical Market Analysis by Type

2.1 Market Size Analysis by Types

2.2 Global Food Grade Triacetin Revenue and Market Share by Type

2.3 Global Food Grade Triacetin Sales and Market Share by Type

3 Global Food Grade Triacetin Historical Market Analysis by Application

3.1 Market Size Analysis by Application

3.2 Global Food Grade Triacetin Revenue Market Share by Application (2019-2024)

3.3 Global Food Grade Triacetin Sales Market Share by Application (2019-2024)

4 Global Market Growth Trends Analysis

4.1 Global Food Grade Triacetin Market Size (2019-2024)

4.2 Food Grade Triacetin Growth Trends Analysis by Regions

4.2.1 Food Grade Triacetin Market Size by Regions: 2019 VS 2024 VS 2030

4.2.2 Food Grade Triacetin Historic Revenue Market Size by Regions (2019-2024)

4.2.3 Food Grade Triacetin Historic Sales Market Size by Regions (2019-2024)

4.2.4 North America Food Grade Triacetin Market Size (2019-2024)

4.2.5 Europe Food Grade Triacetin Market Size (2019-2024)

4.2.6 Asia-Pacific Food Grade Triacetin Market Size (2019-2024)

4.2.7 Latin America Food Grade Triacetin Market Size (2019-2024)

4.2.8 Middle East & Africa Food Grade Triacetin Market Size (2019-2024)

5 North America

5.1 North America Food Grade Triacetin Revenue by Countries

5.1.1 North America Food Grade Triacetin Revenue by Countries (2019-2024)

5.1.2 North America Food Grade Triacetin Sales by Countries (2019-2024)

5.2 North America Food Grade Triacetin Sales by Types

5.3 North America Food Grade Triacetin Sales by Applications

5.4 United States

5.5 Canada

6 Asia Pacific

6.1 Asia Pacific Food Grade Triacetin Revenue by Countries

6.1.1 Asia Pacific Food Grade Triacetin Revenue by Countries (2019-2024)

6.1.2 Asia Pacific Food Grade Triacetin Sales by Countries (2019-2024)

6.2 Asia Pacific Food Grade Triacetin Sales by Types

6.3 Asia Pacific Food Grade Triacetin Sales by Applications

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

7 Europe

7.1 Europe Food Grade Triacetin Revenue by Countries

7.1.1 Europe Food Grade Triacetin Revenue by Countries (2019-2024)

7.1.2 Europe Food Grade Triacetin Sales by Countries (2019-2024)

7.2 Europe Food Grade Triacetin Sales by Types

7.3 Europe Food Grade Triacetin Sales by Applications

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Nordic

8 Latin America

8.1 Latin America Food Grade Triacetin Revenue by Countries

8.1.1 Latin America Food Grade Triacetin Revenue by Countries (2019-2024)

8.1.2 Latin America Food Grade Triacetin Sales by Countries (2019-2024)

8.2 Latin America Food Grade Triacetin Sales by Types

8.3 Latin America Food Grade Triacetin Sales by Applications

8.4 Brazil

8.5 Argentina

8.6 Mexico

9 Middle East & Africa

9.1 Middle East & Africa Food Grade Triacetin Revenue by Countries

9.1.1 Middle East & Africa Food Grade Triacetin Revenue by Countries (2019-2024)

9.1.2 Middle East & Africa Food Grade Triacetin Sales by Countries (2019-2024)

9.2 Middle East & Africa Food Grade Triacetin Sales by Types

9.3 Middle East & Africa Food Grade Triacetin Sales by Applications

9.4 Egypt

9.5 South Africa

9.6 UAE

9.7 Turkey

9.8 Saudi Arabia

10 Global Food Grade Triacetin Market Competition, by Players

10.1 Global Food Grade Triacetin Revenue and Market Share by Players

10.2 Market Concentration Rate

10.2.1 Top 3 Food Grade Triacetin Players Market Share in 2023

10.2.2 Top 6 Food Grade Triacetin Players Market Share in 2023

10.2.3 Market Competition Trend

10.3 Food Grade Triacetin Players Head Office, Business Provided

10.4 Food Grade Triacetin Mergers & Acquisitions

10.5 Food Grade Triacetin New Entrants and Expansion Plans

11 Players Profiles

11.1 Eastman Chemical Company (U.S.)

11.1.1 Eastman Chemical Company (U.S.) Company Profile

11.1.2 Food Grade Triacetin Product Overview

11.1.3 Eastman Chemical Company (U.S.) Food Grade Triacetin Market Performance (2019-2024)

11.1.4 Eastman Chemical Company (U.S.) Business Overview

11.1.5 Recent Developments and Plans

11.2 LANXESS (Germany

11.2.1 LANXESS (Germany Company Profile

11.2.2 Food Grade Triacetin Product Overview

11.2.3 LANXESS (Germany Food Grade Triacetin Market Performance (2019-2024)

11.2.4 LANXESS (Germany Business Overview

11.2.5 Recent Developments and Plans

11.3 Daicel Corporation (Japan)

11.3.1 Daicel Corporation (Japan) Company Profile

11.3.2 Food Grade Triacetin Product Overview

11.3.3 Daicel Corporation (Japan) Food Grade Triacetin Market Performance (2019-2024)

11.3.4 Daicel Corporation (Japan) Business Overview

11.3.5 Recent Developments and Plans

11.4 Jiangsu Ruijia Food Ingredient Co., Ltd. (China)

11.4.1 Jiangsu Ruijia Food Ingredient Co., Ltd. (China) Company Profile

11.4.2 Food Grade Triacetin Product Overview

11.4.3 Jiangsu Ruijia Food Ingredient Co., Ltd. (China) Food Grade Triacetin Market Performance (2019-2024)

11.4.4 Jiangsu Ruijia Food Ingredient Co., Ltd. (China) Business Overview

11.4.5 Recent Developments and Plans

11.5 MOSSELMAN (Belgium)

11.5.1 MOSSELMAN (Belgium) Company Profile

11.5.2 Food Grade Triacetin Product Overview

11.5.3 MOSSELMAN (Belgium) Food Grade Triacetin Market Performance (2019-2024)

11.5.4 MOSSELMAN (Belgium) Business Overview

11.5.5 Recent Developments and Plans

11.6 KLK OLEO (Malaysia)

11.6.1 KLK OLEO (Malaysia) Company Profile

11.6.2 Food Grade Triacetin Product Overview

11.6.3 KLK OLEO (Malaysia) Food Grade Triacetin Market Performance (2019-2024)

11.6.4 KLK OLEO (Malaysia) Business Overview

11.6.5 Recent Developments and Plans

11.7 BASF SE (Germany)

11.7.1 BASF SE (Germany) Company Profile

11.7.2 Food Grade Triacetin Product Overview

11.7.3 BASF SE (Germany) Food Grade Triacetin Market Performance (2019-2024)

11.7.4 BASF SE (Germany) Business Overview

11.7.5 Recent Developments and Plans

12 Global Food Grade Triacetin Forecast Market Analysis by Type

12.1 Global Food Grade Triacetin Revenue Market Forecast by Type (2024-2030)

12.2 Global Food Grade Triacetin Sales Market Forecast by Type (2024-2030)

13 Global Food Grade Triacetin Forecast Market Analysis by Application

13.1 Food Grade Triacetin Revenue Market Forecast by Application (2024-2030)

13.2 Food Grade Triacetin Sales Market Forecast by Application (2024-2030)

14 Global Market Growth Forecast Analysis

14.1 Global Food Grade Triacetin Forecast Market Size (2024-2030)

14.2 Food Grade Triacetin Growth Trends Forecast Analysis by Regions

14.2.1 Food Grade Triacetin Revenue Forecast Market Size by Regions (2024-2030)

14.2.2 Food Grade Triacetin Sales Forecast Market Size by Regions (2024-2030)

14.2.3 North America Food Grade Triacetin Forecast Market Size (2024-2030)

14.2.4 Europe Food Grade Triacetin Forecast Market Size (2024-2030)

14.2.5 Asia-Pacific Food Grade Triacetin Forecast Market Size (2024-2030)

14.2.6 Latin America Food Grade Triacetin Forecast Market Size (2024-2030)

14.2.7 Middle East & Africa Food Grade Triacetin Forecast Market Size (2024-2030)

15 Food Grade Triacetin Manufacturing Cost Analysis

15.1 Food Grade Triacetin Key Raw Materials Analysis

15.1.1 Key Raw Materials

15.1.2 Price Trend of Key Raw Materials

15.1.3 Key Suppliers of Raw Materials

15.2 Proportion of Manufacturing Cost Structure

15.2.1 Raw Materials

15.2.2 Labor Cost

15.2.3 Manufacturing Expenses

15.3 Manufacturing Process Analysis of Food Grade Triacetin

15.4 Food Grade Triacetin Industrial Chain Analysis

16 Market Channel, Distributors, Traders and Dealers

16.1 Market Channel Status

16.1.1 Direct Marketing

16.1.2 Indirect Marketing

16.2 Food Grade Triacetin Typical Distributors

16.3 Food Grade Triacetin Typical Customers

17 Food Grade Triacetin Industry Dynamic Analysis

17.1 Food Grade Triacetin Market Trends Analysis

17.2 Food Grade Triacetin Market Drivers Analysis

17.3 Food Grade Triacetin Market Challenges Analysis

17.4 Food Grade Triacetin Market Restraints Analysis

18 Research Findings and Conclusion

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global Food Grade Triacetin Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
How are players chosen for the research coverage of the Global Food Grade Triacetin Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
What are the major applications for Global Food Grade Triacetin?
Global Food Grade Triacetin has a wide range of applications, including and others.
How big is the Global Food Grade Triacetin Market by 2030?
It is expected that the Global Food Grade Triacetin Market will reach USD XX million by 2030.
What is Global Food Grade Triacetin Market Concentration Rate?
In addition to the Global Food Grade Triacetin Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Global Food Grade Triacetin Market.
How is the competitive landscape for the Global Food Grade Triacetin Market defined?
Companies in the Global Food Grade Triacetin Industry are thoroughly researched and profiled in order to determine why certain trends will have a significant impact and how they will be factored into the Global Food Grade Triacetin Market's trajectory and future outlook.