The Market Reports

Synopsis
The global market for Food Grade Recycled PET was estimated to be worth US$ 2497 million in 2024 and is forecast to a readjusted size of US$ 3807 million by 2031 with a CAGR of 6.3% during the forecast period 2025-2031.
Food Grade Recycled PET (rPET) refers to recycled polyethylene terephthalate that is approved for direct contact with food and beverage products. PET is a commonly used plastic in food and beverage packaging due to its lightweight, transparency, and recyclability. rPET is produced by collecting and processing post-consumer PET bottles and containers, then transforming them into food-safe resin suitable for packaging applications. To be considered food grade, the rPET undergoes a rigorous cleaning and purification process to remove any contaminants and ensure it meets the required safety and quality standards for food contact. The use of rPET in food packaging helps to reduce the environmental impact of plastic waste and promote a more sustainable packaging solution.
The market for Food Grade Recycled PET has been growing steadily in response to the increasing demand for sustainable and environmentally friendly packaging solutions in the food and beverage industry. Several factors have contributed to the expansion of the rPET market: Environmental Concerns: The growing awareness of plastic pollution and its impact on the environment has led to increased consumer and industry demand for more sustainable packaging options. rPET offers a way to reduce plastic waste and decrease the use of virgin plastics. Regulatory Support: Many countries and regions have implemented regulations and policies to encourage the use of recycled materials, including rPET, in food packaging. These regulations aim to promote a circular economy and minimize the environmental footprint of the packaging industry. Corporate Sustainability Initiatives: Many food and beverage companies have set sustainability goals and commitments to incorporate more recycled content in their packaging. The use of rPET aligns with these initiatives, enhancing brand reputation and meeting consumer expectations. Advancements in Recycling Technology: Technological advancements in recycling processes have improved the quality and safety of rPET, making it more suitable for food contact applications. Consumer Preference for Eco-Friendly Packaging: Consumers are increasingly seeking products packaged in environmentally friendly materials. Food and beverage companies are responding by adopting rPET packaging to meet consumer demands. Increased Recycling Infrastructure: The expansion of recycling infrastructure and collection systems for PET bottles has facilitated the availability of post-consumer PET for recycling, supporting the growth of the rPET market. Cost Competitiveness: As the rPET recycling process becomes more efficient, the cost competitiveness of rPET compared to virgin PET has improved, making it an attractive option for packaging manufacturers. The rPET market is expected to continue growing as more companies and consumers prioritize sustainability and seek eco-friendly packaging solutions. However, challenges such as the availability and quality of post-consumer PET for recycling and the need for continuous improvement in recycling technologies remain important considerations for the long-term growth of the rPET market.
This report aims to provide a comprehensive presentation of the global market for Food Grade Recycled PET, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Food Grade Recycled PET by region & country, by Type, and by Application.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Food Grade Recycled PET cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Food Grade Recycled PET market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Recycled PET.
Market Segmentation
By Company
Alpek (DAK Americas)
Alpla
Global Pet
Valgroup
Indorama Ventures
Unifi Manufacturing
Global Holdings and Development
GreenMind
Tepx
Placon Corporation
KW Plastics
Veolia
Kingfa
Guangxi Wuzhou Guolong Recyclabe Resources Development
LOTTE Chemical
Greentech
Viridor
Biffa
Segment by Type
Pellets
Flakes
Other
Segment by Application
Food Packaging
Beverage
Consumer Goods
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Food Grade Recycled PET manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Food Grade Recycled PET in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Food Grade Recycled PET in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index