Product Code: GVR-2-68038-879-4
Food Grade Alcohol Market Growth & Trends:
The global food grade alcohol market size is expected to reach USD 3.2 billion by 2030, as per the new report by Grand View Research, Inc. registering a CAGR of 4.3% over the forecast period. The demand is attributed to the increase in consumption of food & beverages by the consumers and the increase in application in personal care, food & beverage, and pharmaceutical industries.
Alcohol is an important ingredient for manufacturing extracts, flavors, yeast, and vinegar. The demand for ethanol has increased in the food industry to expand the shelf life of the product, driven by the changing habits and adoption of ready-to-eat food. The product plays an important role in the healthcare industry owing to its use in the preparation of medicines and sterilizing various medical equipment before use.
Changing consumer behavior and the quality of raw materials used in the production of the product have a significant impact on industry dynamics. Corn, barley, wheat, barley malt, and milo are the most common raw materials used in the manufacturing of the product. These are natural sources that are fermented and then distilled to produce beverages. Because raw resources are so reliant on nature, the industry must evaluate climate change and yield trends in order to efficiently forecast the supply of these products.
Personal care products signify a large category of products that are consumed on a day-to-day basis by a large population. The changing demographics coupled with rising awareness about new beauty trends due to the growth of social media has led to rising demand for these products. The product finds application in product categories such as cleaning formulations, anti-aging creams, anti-inflammatory, anti-wrinkle, anti-dandruff and moisturizing products. The product is used in the above products as a preservative and also to improve antimicrobial properties.
Food Grade Alcohol Market Report Highlights:
- Molasses & sugarcane segment accounted for more than 30.0% revenue share in 2021. The growth is attributed to the increase in its utilization in alcohol production.
- Coloring & Flavoring agent function dominated the market with 40% of the total market revenue in 2021 owing to its consumption as an additive in adding color and enhancing flavor in food extracts.
- Beverage application is anticipated to grow at the highest CAGR of 4.9% from 2022 to 2030 in terms of revenue. The growth is anticipated due to increase an increase in consumer spending on food & beverages which in turn is driving the demand for the product.
- Pharmaceutical segment was the second largest dominating market in 2021 accounting for 21% of the total market share. The growth is witnessed due to an increase in consumer spending on alcohol-based medicine to cure various diseases.
- Cultural changes, economic development, affordability, and availability of alcohol along with the effectiveness and level of its policies are key factors driving the alcohol demand.
- Cosmetics and toiletries that comprise hand sanitizer account for a higher share of industrial alcohol in the country, which are further estimated to trigger the market growth.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Research Assumptions
- 1.3 Research Methodology
- 1.4 Information procurement
- 1.5 Information analysis
- 1.6 Market formulation & data visualization
- 1.7 Data validation & publishing
- 1.8 List to Data Sources
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segment Outlook
- 2.3 Competitive Insights
Chapter 3 Market Variable Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Alcohols Market
- 3.1.2 Global food grade alcohol market
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Raw material Trends
- 3.3.1.1 Ethylene
- 3.3.1.2 sugars
- 3.3.2 Manufacturing/TEchnology TRends
- 3.3.3 Distribution Channel analysis
- 3.3.4 profit margin analysis
- 3.4 Price Trend Analysis
- 3.5 Regulatory Framework
- 3.5.1 Standards & Compliance
- 3.5.1.1 FDA
- 3.5.1.2 European Commission
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.1.1 Rising demand for alcoholic beverages
- 3.6.1.2 Rising consumption of personal care products
- 3.6.2 Market Restraint Analysis
- 3.6.2.1 Awareness about adverse effects of Excess alcohol consumption
- 3.6.2.2 Climate change
- 3.6.3 Industry Challenges
- 3.6.3.1 Availability of raw materials
- 3.7 Business Environment Analysis
- 3.7.1 PORTER'S ANALYSIS
- 3.7.1.1 Supplier Power
- 3.7.1.2 Buyer Power
- 3.7.1.3 Threat of Substitutes
- 3.7.1.4 Industry Rivalry
- 3.7.1.5 threat of new entrants
- 3.7.2 PESTEL Analysis
- 3.7.2.1 POLITICAL Landscape
- 3.7.2.2 Economic Landscape
- 3.7.2.3 Social Landscape
- 3.7.2.4 Technological Landscape
- 3.7.2.5 Environmental Landscape
- 3.7.2.6 LEGAL LANDSCAPE
Chapter 4 Food Grade Alcohol Type Outlook
- 4.1 Type Market Introduction
- 4.2 Food grade alcohol market estimates & forecast, by type
- 4.2.1 Ethanol
- 4.2.2 Polyols
Chapter 5 Food Grade Alcohol Source Outlook
- 5.1 Source Market Introduction
- 5.2 Food grade alcohol market estimates & forecast, by source
- 5.2.1 Molasses & Sugarcane
- 5.2.2 Fruits
- 5.2.3 Grains
- 5.2.4 Other
Chapter 6 Food Grade Alcohol Function Outlook
- 6.1 Function Market Introduction
- 6.2 Food grade alcohol market estimates & forecast, by function
- 6.2.1 Coatings
- 6.2.2 Preservative
- 6.2.3 coloring & flavoring agent
- 6.2.4 Other
Chapter 7 Food Grade Alcohol Application Outlook
- 7.1 Application Market Introduction
- 7.2 Food grade alcohol market estimates & forecast, by application
- 7.2.1 Healthcare & Pharmaceutical
- 7.2.2 Food
- 7.2.3 Beverage
- 7.2.4 Personal Care
- 7.2.5 Other
Chapter 8 Food Grade Alcohol Regional Outlook
- 8.1 Regional Market Introduction
- 8.2 Food grade alcohol market estimates & forecast, by region
- 8.2.1 North America
- 8.2.1.1 North America food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.1.2 North America food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.1.3 North America food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.1.4 North America food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.1.5 U.S.
- 8.2.1.5.1 U.S. food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.1.5.2 U.S. food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.1.5.3 U.S. food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.1.5.4 U.S. food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.1.6 Canada
- 8.2.1.6.1 Canada food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.1.6.2 Canada food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.1.6.3 Canada food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.1.6.4 Canada food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.1.7 Mexico
- 8.2.1.7.1 Mexico food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.1.7.2 Mexico food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.1.7.3 Mexico food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.1.7.4 Mexico food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2 Europe
- 8.2.2.1 Europe food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.2 Europe food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.3 Europe food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.4 Europe food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2.5 Germany
- 8.2.2.5.1 Germany food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.5.2 Germany food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.5.3 Germany food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.5.4 Germany food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2.6 UK
- 8.2.2.6.1 UK food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.6.2 UK food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.6.3 UK food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.6.4 UK food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2.7 France
- 8.2.2.7.1 France food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.7.2 France food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.7.3 France food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.7.4 France food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2.8 Italy
- 8.2.2.8.1 Italy food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.8.2 Italy food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.8.3 Italy food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.8.4 Italy food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2.9 Spain
- 8.2.2.9.1 Spain food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.9.2 Spain food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.9.3 Spain food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.9.4 Spain food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.2.10 Hungary
- 8.2.2.10.1 Hungary food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.2.10.2 Hungary food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.2.10.3 Hungary food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.2.10.4 Hungary food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.3 Asia Pacific
- 8.2.3.1 Asia Pacific food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.3.2 Asia Pacific food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.3.3 Asia Pacific food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.3.4 Asia Pacific food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.3.5 China
- 8.2.3.5.1 China food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.3.5.2 China food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.3.5.3 China food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.3.5.4 China food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.3.6 India
- 8.2.3.6.1 India food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.3.6.2 India food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.3.6.3 India food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.3.6.4 India food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.3.7 Japan
- 8.2.3.7.1 Japan food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.3.7.2 Japan food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.3.7.3 Japan food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.3.7.4 Japan food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.3.8 South Korea
- 8.2.3.8.1 South Korea food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.3.8.2 South Korea food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.3.8.3 South Korea food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.3.8.4 South Korea food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.3.9 Indonesia
- 8.2.3.9.1 Indonesia food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.3.9.2 Indonesia food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.3.9.3 Indonesia food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.3.9.4 Indonesia food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.4 Central & South America
- 8.2.4.1 Central & South America food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.4.2 Central & South America food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.4.3 Central & South America food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.4.4 Central & South America food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.4.5 Brazil
- 8.2.4.5.1 Brazil food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.4.5.2 Brazil food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.4.5.3 Brazil food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.4.5.4 Brazil food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.4.6 Argentina
- 8.2.4.6.1 Argentina food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.4.6.2 Argentina food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.4.6.3 Argentina food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.4.6.4 Argentina food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.5 Middle East & Africa
- 8.2.5.1 Middle East & Africa food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.5.2 Middle East & Africa food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.5.3 Middle East & Africa food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.5.4 Middle East & Africa food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.5.5 Saudi Arabia
- 8.2.5.5.1 Saudi Arabia food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.5.5.2 Saudi Arabia food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.5.5.3 Saudi Arabia food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.5.5.4 Saudi Arabia food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
- 8.2.5.6 United Arab Emirates
- 8.2.5.6.1 United Arab Emirates food grade alcohol market estimates & forecasts, by type, 2018 - 2030
- 8.2.5.6.2 United Arab Emirates food grade alcohol market estimates & forecasts, by source, 2018 - 2030
- 8.2.5.6.3 United Arab Emirates food grade alcohol market estimates & forecasts, by Function, 2018 - 2030
- 8.2.5.6.4 United Arab Emirates food grade alcohol market estimates & forecasts, by Application, 2018 - 2030
Chapter 9 Competitive Landscape
- 9.1 Key Global Players & Recent Developments & Their Impact on the Industry
- 9.2 Market Entry Strategies
- 9.3 Vendor Landscape
- 9.3.1 Food Grade Alcohol MaJor Manufacturers
- 9.3.2 Food Grade Alcohol MaJor End-Users
- 9.3.3 Top 25 Craft Brewing Companies in U.S.
- 9.3.4 global Food Grade Alcohol MaJor Manufacturers
- 9.4 Company Ranking Analysis
- 9.5 Competitive Dashboard Analysis
- 9.5.1 Market Categorization
Chapter 10 Company Profiles
- 10.1 MGP
- 10.1.1 Company Overview
- 10.1.2 Product Benchmarking
- 10.1.3 Strategic Initiatives
- 10.2 Cargill, Incorporated
- 10.2.1 Company Overview
- 10.2.2 Financial Performance
- 10.2.3 Product Benchmarking
- 10.3 ADM
- 10.3.1 Company Overview
- 10.3.2 Financial Performance
- 10.3.3 Product Benchmarking
- 10.4 Cristalco
- 10.4.1 Company Overview
- 10.4.2 Product Benchmarking
- 10.5 Grain Processing Corporation
- 10.5.1 Company Overview
- 10.5.2 Product Benchmarking
- 10.6 Manildra Group
- 10.6.1 Company Overview
- 10.6.2 Product Benchmarking
- 10.7 Wilmar International Ltd.
- 10.7.1 Company Overview
- 10.7.2 Financial Performance
- 10.7.3 Product Benchmarking
- 10.8 Roquette Freres
- 10.8.1 Company Overview
- 10.8.2 Product Benchmarking
- 10.9 Extractohol
- 10.9.1 Company Overview
- 10.9.2 Product Benchmarking
- 10.10 Greenfield Global Inc.
- 10.10.1 Company Overview
- 10.10.2 Product Benchmarking
- 10.11 Pure Alcohol Solutions
- 10.11.1 Company Overview
- 10.11.2 Product Benchmarking
- 10.12 Ethanolsa Pty Ltd
- 10.12.1 Company Overview
- 10.12.2 Product Benchmarking
- 10.13 ILLOVO SUGAR AFRICA (PTY) LTD
- 10.13.1 Company Overview
- 10.13.2 Product Benchmarking
- 10.14 Bartow Ethanol of Florida, L.C
- 10.14.1 Company Overview
- 10.14.2 Product Benchmarking
- 10.15 GODAVARI BIOREFINERIES LTD.
- 10.15.1 Company Overview
- 10.15.2 Financial Performance
- 10.15.3 Product Benchmarking