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Global Food-grade Alcohol Market - Growth, Trends, and Forecast (2020 - 2025)

  • ID: 5011990
  • Report
  • June 2020
  • Region: Global
  • 90 pages
  • Mordor Intelligence

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FEATURED COMPANIES

  • Cargill, Incorporated
  • Cristalco
  • Manildra Group
  • MGP
  • Roquette Freres
  • Wilmar International Ltd
  • MORE
The global food-grade alcohol market is projected to register a CAGR of 5.7% during the forecast period.
  • Ethanol drives the market, as it holds a significant share in the market studied. It has extensive applications in various food categories, such as in the manufacture of flavors and extracts, food dyes, candy glazes, yeast, various sprays, and animal-feed supplements.
  • The rising interest for craft beer and other alcoholic beverages, among the individuals, is the major driving force for the market. In addition, the export markets are growing in the developing countries, due to better trade regulations, demographic patterns, and economic growth.
Key Market Trends

Ethanol Dominates the Market Share

Ethanol holds a larger market share, as it is largely used in the production of alcoholic beverages. Due to its volatility, it is used as a major ingredient base to manufacture a wide range of alcoholic beverages. Ethanol is also popularly used as a preservative in the food industry, to increase the shelf life of the end products, and in manufacturing preservatives, colorings, or flavoring agents, and for coating food products, thereby, boosting the demand for food-grade alcohol in the global market. Moreover, the consumers' demand for food products made from natural ingredients also led the manufacturers to use ethanol as a natural flavoring agent.

North America is the Largest Market

North America is home to 2,500+ distilleries and breweries, where food-grade alcohol is utilized for various industrial purposes. The confectionery industries in the United States make use of food-grade alcohol in candy coatings. Moreover, food-grade alcohol also serves the purpose of preservatives, when added in the right proportion. Industrial food-grade alcohol also plays a substantial role in the manufacture of flavors and extracts, food dyes, yeast, and various sprays. The polyols have a widely established usage in non-cariogenic confectionery and oral care. Roquette, a United States-based company, is recognized as the global leader in polyols.

Competitive Landscape

The global food-grade alcohol market is fragmented, with numerous global and regional players operating within the market. The key players in the global food-grade alcohol market include Archer Daniel Midland Company, Cargill Inc., MGP Ingredients, and Roquette Freres SA.

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FEATURED COMPANIES

  • Cargill, Incorporated
  • Cristalco
  • Manildra Group
  • MGP
  • Roquette Freres
  • Wilmar International Ltd
  • MORE
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY
3.1 Market Overview

4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Ethanol
5.1.2 Polyols
5.2 By Application
5.2.1 Food
5.2.2 Beverages
5.2.3 Dietary Supplements
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Spain
5.3.2.2 United Kingdom
5.3.2.3 Germany
5.3.2.4 France
5.3.2.5 Italy
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Archer Daniels Midland Company
6.4.2 Cargill, Incorporated
6.4.3 MGP
6.4.4 Roquette Freres
6.4.5 Manildra Group
6.4.6 Wilmar International Ltd
6.4.7 Cristalco

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

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  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • MGP
  • Roquette Freres
  • Manildra Group
  • Wilmar International Ltd
  • Cristalco
Note: Product cover images may vary from those shown

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