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Alcohol Ingredients Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

  • ID: 5353568
  • Report
  • May 2021
  • Region: Global
  • 109 pages
  • Acute Market Reports

FEATURED COMPANIES

  • AngelYeast Co. Ltd.
  • Cargill
  • Chr Hansen A/S
  • DDW
  • Dohler Group SE
  • Kerry Group plc
The global Alcohol ingredients market is projected to grow at a CAGR of 9.8 %. Alcohol is formed when yeast ferments or breaks down the sugar without oxygen in different food. Alcohol is a toxic & psychoactive substance with dependence producing properties. In many of today’s societies, alcoholic beverages are a routine part of the social landscape for many in the population. As change in life style, earnings, habits play a vital role in the consumption of alcohol. The consumption habits tend to be harmful if practices on a daily basis.


Increasing Awareness to Limit Alcohol Consumption

Alcohol consumption contributes to 3 million deaths each year globally as well as to the disabilities and poor health of millions of people. Overall, harmful use of alcohol is responsible for 5.1% of the global burden of disease. Harmful use of alcohol is accountable for 7.1% and 2.2% of the global burden of disease for males & females respectively. Alcohol is the leading risk factor for premature mortality and disability among those aged 15 to 49 years, accounting for 10 percent of all deaths in this age group. There is a causal relationship between harmful use of alcohol & mental disorders, behavioral disorders, other non-communicable conditions as well as injuries. Beyond health consequences, the harmful use of alcohol brings significant social and economic losses to individuals and society at large. WHO has identified that the most cost-effective actions to reduce the harmful use of alcohol include increasing taxes on alcoholic beverages, enforcing restrictions on exposure to alcohol advertising, and restrictions on the physical availability of retailed alcohol. All these factors together have cause high level of awareness about risks associated due to alcohol consumption among the consumers. This is expected to have significant impact on the alcohol ingredients market.

Alcohol market generates huge revenue

Few Alcohol consumers tend to be strongly addictive in result suffer from burden of loans, and losses. Approximately market size of alcohol market in 2020 reached about $1,580 billion and it is expected to grow at $ 1,630 billion in 2021. Consumers tend to incline towards crafted beers in the European countries this has resulted in numerous brewery houses. Additionally the point of sales of alcohol such as pubs, bars with variety of fancy themes are known to be best environment for socializing, this in turn drive sales of alcohol. The alcohol consumption is more in the age group of 18-40 as they tend to change lifestyle and are financially independent. Although alcohol market has taxes employed by the government there is growth in sales of alcohol globally.

Craft beer seems to be a trend

Around 8,884 breweries are registered in the U.S. accounting to revenue of about $ 22 billion in 2020. Craft breweries have tend to grow as they are continuously innovating in terms of providing quality and also offer wide range of taste. Also, the environment provided by these breweries attracts the consumers for socializing. Breweries in Europe & Asia Pacific have increased significantly as the increasing consumers’ interest is driving the market. The strategy in breweries has always focused on offering wide range of taste and flavors, marketing strategies and updating themes.

Covid-19 Limits the Access to Alcohol

The Covid-19 situation has brought a revolutionary change in the liquor industry and has affected the spontaneous growth of this industry. The sales have been declined by 20% - 30% during the pandemic. Various other strategies are being adopted to generate sales such as online platforms, generating supply chain techniques. Though the government levies high taxes on the alcohol industry the alcohol is termed as essentials in various regions. This industry will require more time to function normally due to the restrictions and dangers this industry is subject to in these pandemic times. Especially the recovering covid 19 patients are constantly discouraged to consume alcohol.

Key Players

The key players in this industry include Kerry Group plc, Cargill, Archer Daniels Midland Company, Dohler Group SE, KoninklijkeDsmN.V, TreattPlc; Biospringer, AngelYeast Co., Ltd., Chr Hansen A/S, DDW, The Color House; Sensient Technologies & Ashland Global Specialty Chemicals, Inc. The key focus of market players is to include improvement in terms of sustainability benefits & innovation in enzymes & ingredients to help brewery save thousands of tonnes of CO2 equivalent per annum.

Historical & Forecast Period

This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment are calculated for the forecast period from 2021 to 2029.

Research Methodology

Market revenues and CAGR were derived from primary and secondary research. Both quantitative and qualitative trends were considered for extrapolation of market revenues. The derived market estimates were further validated from top down, bottom strategies and primary research. The scope of the market is limited to the following segments of product categories and region.

Key questions answered in this report
  • What are the key market segments in current scenario and in the future by product categories?
  • What are the key market segments in current scenario and in the future by regions?
  • What is the key impact of Covid-19 over market revenues and market determinants in the Alcohol ingredient market?
  • What are the primary and secondary macro and micro factors influencing the market growth currently and during the forecast period?
  • What are the primary and secondary macro and micro factors deterring the market growth currently and during the forecast period?
  • How to overcome the current market challenges and leverage the opportunities in each of the market segment?
  • Who are the key players in the Alcohol ingredient market and what are their key product categories and strategies?
  • What are the key strategies – mergers/acquisitions/R&D/strategic partnerships etc that companies are deploying to enhance market revenues and growth?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AngelYeast Co. Ltd.
  • Cargill
  • Chr Hansen A/S
  • DDW
  • Dohler Group SE
  • Kerry Group plc
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 Key Offerings
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Alcohol Ingredients Market
2.2 Global Alcohol Ingredients Market, By Product, 2020 (US$ Mn)
2.3 Global Alcohol Ingredients Market, By Application, 2020 (US$ Mn)
2.4 Global Alcohol Ingredients Market, By Geography, 2020 (US$ Mn)
2.5 Impact of Covid 19

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Alcohol Ingredients Market Value, 2019 - 2029, (US$ Mn)
3.2 Key Trends Analysis
3.2.1 Challenges faced by consumer for over consumption of alcohol
3.2.2 Alcohol market generates huge revenue
3.2.3 Craft beer seems to be a trend
3.2.4 Covid-19 restricted the access to alcohol
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 EvolvingAlcohol Trend and Rise in Discretionary Income
3.3.1.2 Superiors Advantages of Using Alcohol Ingredients
3.3.1.3 Increasing use of Customized material as a Promotional Tool
3.3.2 Market Challenges
3.3.2.1 Limitations of Technique over other Methods
3.3.3 Impact Analysis of Drivers and Restraints
3.4 See-Saw Analysis
3.5 Attractive Investment Proposition
3.6 Competitive Landscape
3.6.1 Market Positioning of Key Alcohol Ingredients Vendors
3.6.2 Strategies Adopted by Alcohol Ingredients Vendors

Chapter 4 Alcohol Ingredients Market, By Product
4.1 Overview
4.2 Enzymes Alcohol Ingredients market Value, 2019 - 2029, (US$ Mn)
4.3 Yeast Alcohol Ingredients market, 2019 - 2029, (US$ Mn)
4.4. Flavors & Salts Alcohol Ingredients market, 2019 - 2029, (US$ Mn)
4.5 Colorants Alcohol Ingredients market, 2019 - 2029, (US$ Mn)

Chapter 5 Alcohol Ingredients Market, By Application
5.1 Overview
5.2 Beer, 2019 - 2029, (US$ Mn)
5.3 Wine, 2019 - 2029, (US$ Mn)
5.4. Spirits, 2019 - 2029, (US$ Mn)
5.5 Whisky & Scotch, 2019 - 2029, (US$ Mn)
5.6. Brandy, 2019 - 2029, (US$ Mn)

Chapter 6 North America Alcohol Ingredients market Analysis
6.1 Overview
6.1.1 North America Alcohol Ingredients Market Value and Growth, 2019 - 2029, (US$ Mn) (Y-o-Y %)
6.1.2 North America Alcohol Ingredients Market, by Product, 2019 - 2029 (US$ Mn)
6.1.3 North America Alcohol Ingredients Market, by Application, 2019 - 2029 (US$ Mn)
6.1.4 North America Alcohol Ingredients Market Analysis, By Region/Country, 2019 - 2029(US$ Mn)
6.1.4.1. U.S. Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)
6.1.4.2. Rest of North America Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)

Chapter 7 Europe Alcohol Ingredients market Analysis
7.1 Overview
7.1.1 Europe Alcohol Ingredients Market Value and Growth, 2019 - 2029, (US$ Mn) (Y-o-Y %)
7.1.2 Europe Alcohol Ingredients Market, by Product, 2019 - 2029(US$ Mn)
7.1.3 Europe Alcohol Ingredients Market, by Application, 2019 - 2029(US$ Mn)
7.1.4 Europe Alcohol Ingredients Market Analysis, By Region/Country, 2019 - 2029(US$ Mn)
7.1.4.1 U.K. Alcohol Ingredients Market Analysis, 2019 - 2029 (US$ Mn)
7.1.4.2 Germany Alcohol Ingredients Market Analysis, 2019 - 2029 (US$ Mn)
7.1.4.3 France Alcohol Ingredients Market Analysis 2019 - 2029(US$ Mn)
7.1.4.4 Rest of Europe Alcohol Ingredients Market Analysis, 2019 - 2029 (US$ Mn)

Chapter 8 Asia Pacific Alcohol Ingredients market Analysis
8.1 Overview
8.1.1 Asia Pacific Alcohol Ingredients Market Value and Growth, 2019 - 2029, (US$ Mn) (Y-o-Y %)
8.1.2 Asia Pacific Alcohol Ingredients Market, by Product, 2019 - 2029(US$ Mn)
8.1.3 Asia Pacific Alcohol Ingredients Market, by Application, 2019 - 2029(US$ Mn)
8.1.4 Asia Pacific Alcohol Ingredients Market Analysis, By Region/Country, 2019 - 2029(US$ Mn)
8.1.4.1 Japan Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)
8.1.4.2 China Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)
8.1.4.3 India Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)
8.1.4.4 Southeast Asia Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)
8.1.4.5 Rest of Asia Pacific Alcohol Ingredients Market Analysis, 2019 - 2029(US$ Mn)

Chapter 9 Rest of the World Alcohol Ingredients Market Market Analysis
9.1 Overview
9.1.1 Rest of the World Alcohol Ingredients Market Value and Growth, 2019 - 2029, (US$ Mn) (Y-o-Y %)
9.1.2 Rest of the World Alcohol Ingredients Market, by Product, 2019 - 2029(US$ Mn)
9.1.3 Rest of the World Alcohol Ingredients Market, by Application, 2019 - 2029(US$ Mn)
9.1.4 Rest of the World Alcohol Ingredients Market Analysis, By Region/Country, 2019 - 2029(US$ Mn)
9.1.4.1 Middle East & Africa (MEA) Alcohol Ingredients Market Analysis, By Type 2019 - 2029(US$ Mn)
9.1.4.2 Latin America Alcohol Ingredients Market Analysis, By Type 2019 - 2029(US$ Mn)

Chapter 10 Company profiles
10.1 Kerry Group plc
10.1.1 Kerry Group plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.2 Cargill
10.2.1 Cargill.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.3 Koninklijke Dsm N.V
10.3.1 Koninklijke Dsm N.V.:Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.4 Archer Daniels Midland Company
10.4.1 Archer Daniels Midland Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.5 Dohler Group SE
10.5.1 Dohler Group SE.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.6 TreattPlc
10.6.1 Treatt Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.7Biospringer
10.7.1 Biospringer.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.8 AngelYeast Co., Ltd
10.8.1 AngelYeast Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.9Chr Hansen A/S
10.9.1 Chr Hansen A/S.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.10 The Color House
10.10.1The Color House.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.11 Sensient Technologies
10.11.1 Sensient Technologies.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.12Ashland Global Specialty Chemicals, Inc.
10.12.1Ashland Global Specialty Chemicals, Inc..: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.13DDW
10.13.1DDW.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Note: Product cover images may vary from those shown
  • Kerry Group plc
  • Cargill
  • Archer Daniels Midland Company
  • Dohler Group SE
  • KoninklijkeDsmN.V
  • TreattPlc; Biospringer
  • AngelYeast Co. Ltd.
  • Chr Hansen A/S
  • DDW
  • The Color House
  • Sensient Technologies
  • Ashland Global Specialty Chemicals Inc.
Note: Product cover images may vary from those shown
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