Food grade alcohol is considered safe for human consumption, owing to its purity (lack of additives). Purity level, concentration, and grade of the alcohol depend on its end use. It is derived from various sources, including sugarcane, sugar beet, molasses, grains, fruits, and others. The global food grade alcohol market was valued at USD 6,975.2 million in 2019, and is projected to reach USD 8,847.8 million by 2027, registering a CAGR of 5.4% from 2021 to 2027. Food grade alcohol is broadly used in the food & beverage industry as an ingredient in products such as flavorings, extracts, dyes, and others. Rise in consumer spending and growth in urbanization have led to an increase in the consumption of processed & comfort food. This trend has created an The upsurge for food ingredients, which inversely generated the demand for food grade alcohol.
Production and consumption of alcoholic beverages globally are continuously expanding. The trend of consuming alcoholic beverages, such as beer, wine, whiskey, among others, in social gatherings has propelled the market growth. This has been a crucial factor that drives the market for ethanol. Furthermore, consumer inclination toward a healthier lifestyle has created focus on low-calorie food products and sugar alternatives such as polyols. In addition, the application of polyols (sugar alcohols) in the pharmaceutical industry has risen exponentially. Rise in consumption of nutraceutical among consumers in the form of functional foods, dietary supplements, and functional beverages boosts the growth of the food grade alcohol market. This is attributed to the fact that polyols is used in numerous pharmaceutical and nutraceutical products, owing to their coating, sweetening, emollient, bulking, anti-crystallizing, and stabilizing properties. However, fluctuations in raw material prices of sugarcane, corn, wheat, and others are expected to hinder the food grade alcohol market growth.
According to the global food grade alcohol market report, the market is segmented on the basis of type, source, application, and region. Based on type, the market is categorized into ethanol, sorbitol, xylitol, and others. By source, the market is classified into sugarcane, sugar beet & molasses, grains, and others. Depending on application, the market is distributed into food, beverages, and pharmaceutical & nutraceutical. Region wise, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).
The key players operating in the food grade alcohol market include Cargill Incorporated, Spectrum Chemical Manufacturing Corp., MGP Ingredients, Inc., Archer Daniels Midland Company, Roquette Freres SA, Manildra Group, Wilmar International Limited, Molindo Group, Grain Processing Corporation, Cristalco S.A.S., and Ingredion.
Key Benefits for Stakeholders
Key Market Segments
By Type
By Source
By Application
By Region
Production and consumption of alcoholic beverages globally are continuously expanding. The trend of consuming alcoholic beverages, such as beer, wine, whiskey, among others, in social gatherings has propelled the market growth. This has been a crucial factor that drives the market for ethanol. Furthermore, consumer inclination toward a healthier lifestyle has created focus on low-calorie food products and sugar alternatives such as polyols. In addition, the application of polyols (sugar alcohols) in the pharmaceutical industry has risen exponentially. Rise in consumption of nutraceutical among consumers in the form of functional foods, dietary supplements, and functional beverages boosts the growth of the food grade alcohol market. This is attributed to the fact that polyols is used in numerous pharmaceutical and nutraceutical products, owing to their coating, sweetening, emollient, bulking, anti-crystallizing, and stabilizing properties. However, fluctuations in raw material prices of sugarcane, corn, wheat, and others are expected to hinder the food grade alcohol market growth.
According to the global food grade alcohol market report, the market is segmented on the basis of type, source, application, and region. Based on type, the market is categorized into ethanol, sorbitol, xylitol, and others. By source, the market is classified into sugarcane, sugar beet & molasses, grains, and others. Depending on application, the market is distributed into food, beverages, and pharmaceutical & nutraceutical. Region wise, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).
The key players operating in the food grade alcohol market include Cargill Incorporated, Spectrum Chemical Manufacturing Corp., MGP Ingredients, Inc., Archer Daniels Midland Company, Roquette Freres SA, Manildra Group, Wilmar International Limited, Molindo Group, Grain Processing Corporation, Cristalco S.A.S., and Ingredion.
Key Benefits for Stakeholders
- The report provides a quantitative analysis of the current food grade alcohol market trends, estimations, and dynamics of the market size from 2021 to 2027 to identify the prevailing opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis, market size, segmentation assist in determining the prevailing food grade alcohol market opportunities.
- The major countries in each region are mapped according to their revenue contribution to the market.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the food grade alcohol industry.
Key Market Segments
By Type
- Ethanol
- Sorbitol
- Xylitol
- Others
By Source
- Sugarcane, Sugar Beet & Molasses
- Grains
- Others (Fruits and vegetables)
By Application
- Food
- Beverages
- Pharmaceutical & Nutraceutical
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Food Grade Alcohol Market by Type
Chapter 5: Food Grade Alcohol Market by Source
Chapter 6: Food Grade Alcohol Market by Application
Chapter 7: Food Grade Alcohol Market by Region
Chapter 8: Company Profiles
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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