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Food Grade Alcohol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 145 Pages
  • August 2022
  • Region: Global
  • IMARC Group
  • ID: 5647874
UP TO OFF until Dec 31st 2022
The global food grade alcohol market reached a value of US$ 7.84 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 10.95 Billion by 2027, exhibiting a CAGR of 5.73% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Food grade alcohol is obtained by the fermentation of starch-containing plants, such as cereals, beets, or sugarcane, using yeast cells. It is widely employed in the food and beverage (F&B) industry to serve as a base for distilled spirits, such as vodka, gin and liqueurs, and a solvent for colorants and flavors in different food products. Besides this, it is used by bakers for decorating cakes through airbrushing.

Food Grade Alcohol Market Trends:

The increasing consumption of alcoholic beverages across the globe represents one of the key factors impelling the growth of the market. Moreover, food grade alcohol is used to extract cannabis oil from hemp or cannabis biomass as it is healthier and safer to handle than other hydrocarbon extraction methods. It is also considered ideal for small, medium, and large-scale hemp processors on account of its high evaporation rate and ease of separation from cannabis oil. Additionally, the rising development of therapies and other consumer products derived from cannabis and its components, including cannabidiol (CBD) is catalyzing the demand for food grade alcohol worldwide. Apart from this, it is extensively utilized in the pharmaceutical industry for decongestants, pills, vitamins, cough syrup preparations, and iodine solutions. This can be accredited to its coating, sweetening, emollient, bulking, anti-crystallizing, and stabilizing properties. Furthermore, there is a rise in the popularity of nutraceutical products on account of their antiviral, anti-inflammatory, and immunomodulatory properties. This, coupled with the burgeoning pharmaceutical industry, is creating a positive outlook for the market. Other factors, including the increasing western influence and rising popularity of craft beer among millennials, are anticipated to facilitate the growth of the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global food grade alcohol market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, source, function and application.

Breakup by Product:

  • Ethanol
  • Polyols

Breakup by Source:

  • Molasses and Sugarcane
  • Fruits
  • Grains
  • Others

Breakup by Function:

  • Coatings
  • Preservative
  • Coloring and Flavoring Agent
  • Others

Breakup by Application:

  • Healthcare and Pharmaceutical
  • Food
  • Beverages
  • Personal Care
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniels-Midland Company, Cargill Incorporated, Cristalco, Ethimex Ltd, Extractohol, Glacial Grain Spirits, Grain Processing Corporation (Kent Corporation), Manildra Group, MGP Ingredients Inc., Molindo Group, Pure Alcohol Solutions, Roquette Frères and Wilmar Sugar Pty Ltd. (Wilmar International Limited).

Key Questions Answered in This Report:

  • How has the global food grade alcohol market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global food grade alcohol market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global food grade alcohol market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Food Grade Alcohol Market

What is the estimated value of the Global Food Grade Alcohol Market?

The Global Food Grade Alcohol Market was estimated to be valued at $7.84 Billion in 2021.

What is the growth rate of the Global Food Grade Alcohol Market?

The growth rate of the Global Food Grade Alcohol Market is 5.7%, with an estimated value of $10.95 Billion by 2027.

What is the forecasted size of the Global Food Grade Alcohol Market?

The Global Food Grade Alcohol Market is estimated to be worth $10.95 Billion by 2027.

Who are the key companies in the Global Food Grade Alcohol Market?

Key companies in the Global Food Grade Alcohol Market include Archer, Daniels, Midland Company, Cargill Incorporated, Cristalco, Ethimex Ltd, Extractohol, Glacial Grain Spirits and Manildra Group.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food Grade Alcohol Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Ethanol
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyols
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Source
7.1 Molasses and Sugarcane
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fruits
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Grains
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Function
8.1 Coatings
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Preservative
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Coloring and Flavoring Agent
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Application
9.1 Healthcare and Pharmaceutical
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Food
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Beverages
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Personal Care
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Archer-Daniels-Midland Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cargill Incorporated
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 SWOT Analysis
15.3.3 Cristalco
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Ethimex Ltd
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Extractohol
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Glacial Grain Spirits
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Grain Processing Corporation (Kent Corporation)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Manildra Group
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 MGP Ingredients Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Molindo Group
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Pure Alcohol Solutions
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Roquette Frères
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 SWOT Analysis
15.3.13 Wilmar Sugar Pty Ltd. (Wilmar International Limited)
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Food Grade Alcohol Market: Major Drivers and Challenges
Figure 2: Global: Food Grade Alcohol Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Food Grade Alcohol Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Food Grade Alcohol Market: Breakup by Product (in %), 2021
Figure 5: Global: Food Grade Alcohol Market: Breakup by Source (in %), 2021
Figure 6: Global: Food Grade Alcohol Market: Breakup by Function (in %), 2021
Figure 7: Global: Food Grade Alcohol Market: Breakup by Application (in %), 2021
Figure 8: Global: Food Grade Alcohol Market: Breakup by Region (in %), 2021
Figure 9: Global: Food Grade Alcohol (Ethanol) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Food Grade Alcohol (Ethanol) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Food Grade Alcohol (Polyols) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Food Grade Alcohol (Polyols) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Food Grade Alcohol (Molasses and Sugarcane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Food Grade Alcohol (Molasses and Sugarcane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Food Grade Alcohol (Fruits) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Food Grade Alcohol (Fruits) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Food Grade Alcohol (Grains) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Food Grade Alcohol (Grains) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Food Grade Alcohol (Other Sources) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Food Grade Alcohol (Other Sources) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Food Grade Alcohol (Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Food Grade Alcohol (Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Food Grade Alcohol (Preservative) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Food Grade Alcohol (Preservative) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Food Grade Alcohol (Coloring and Flavoring Agent) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Food Grade Alcohol (Coloring and Flavoring Agent) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Food Grade Alcohol (Other Functions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Food Grade Alcohol (Other Functions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Food Grade Alcohol (Healthcare and Pharmaceutical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Food Grade Alcohol (Healthcare and Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Food Grade Alcohol (Food) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Food Grade Alcohol (Food) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Food Grade Alcohol (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Food Grade Alcohol (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Food Grade Alcohol (Personal Care) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Food Grade Alcohol (Personal Care) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Food Grade Alcohol (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Food Grade Alcohol (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: United States: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia-Pacific: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia-Pacific: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: China: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: China: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Japan: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Japan: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Food Grade Alcohol Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Food Grade Alcohol Market: Breakup by Country (in %), 2021
Figure 87: Middle East and Africa: Food Grade Alcohol Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Global: Food Grade Alcohol Industry: SWOT Analysis
Figure 89: Global: Food Grade Alcohol Industry: Value Chain Analysis
Figure 90: Global: Food Grade Alcohol Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Food Grade Alcohol Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Food Grade Alcohol Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Food Grade Alcohol Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 4: Global: Food Grade Alcohol Market Forecast: Breakup by Function (in Million US$), 2022-2027
Table 5: Global: Food Grade Alcohol Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Food Grade Alcohol Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Food Grade Alcohol Market: Competitive Structure
Table 8: Global: Food Grade Alcohol Market: Key Players

Companies Mentioned

  • Archer-Daniels-Midland Company
  • Cargill Incorporated
  • Cristalco
  • Ethimex Ltd
  • Extractohol
  • Glacial Grain Spirits
  • Grain Processing Corporation (Kent Corporation)
  • Manildra Group
  • MGP Ingredients Inc.
  • Molindo Group
  • Pure Alcohol Solutions
  • Roquette Frères
  • Wilmar Sugar Pty Ltd. (Wilmar International Limited).

Methodology

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