The global demand for Food Grade Alcohol Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Food grade alcohol or food-grade ethanol is safe for consumption as it is highly pure without any additives. It is produced by fermenting plants, and grains including wheat, barley, and corn. It offers a wide range of applications in food & beverages, healthcare, and pharmaceutical industry. Alcoholic drinks such as beer, whiskey, and brandy contain food-grade alcohol.In the food and beverages industry food-grade, alcohol is applied in the production of candy glazes, food dyes, vinegar, flavors & extracts, and a variety of food sprays.
The global market of the food-grade alcohol is driven by growing applications of the product in food & beverages, healthcare, pharmaceutical, and personal care sector. Moreover, increasing consumption of beer and other alcohol-based beverages and is further boosting the market.Due to the COVID-19 pandemic, the global food-grade alcohol market may experience slump due to decreased production and lowered demand. However, many manufacturers are producing hand sanitizers using food grade alcohol as the demand for hand sanitizers is huge. This factor may support the global market during the pandemic.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of food grade alcohol.
The entire food grade alcohol market has been sub-categorized into alcohol type, alcohol source, alcohol function and alcohol application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Alcohol Type
By Alcohol Source
By Alcohol Function
- Molasses & Sugarcane
By Alcohol Application
- Coloring & Flavoring Agent
- Healthcare & Pharmaceutical
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for food grade alcohol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Food Grade Alcohol Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the food grade alcohol market include MGP, Cargill, Incorporated, ADM, Cristalco, Grain Processing Corporation, Manildra Group, Wilmar International Ltd., Roquette Frères, Extractohol, Greenfield Global Inc., Pure Alcohol Solutions, Ethanolsa Pty Ltd., ILLOVO SUGAR AFRICA (PTY) LTD., Bartow Ethanol of Florida, L.C., Godavari Biorefineries Ltd.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.