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  • Published In : Apr 2024
  • Code : CMI6846
  • Pages : 132
  • Formats :
      Excel and PDF
  • Industry : Bulk Chemicals
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The food grade alcohol market is estimated to be valued at USD 1.76 Bn in 2024, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. The global food grade alcohol market has been growing steadily over the past few years. Food grade alcohol refers to ethanol or ethyl alcohol that is produced and processed in accordance with good manufacturing practices. It is used as an ingredient in food products, cosmetics, and pharmaceuticals where it acts as a solvent, antimicrobial agent, and preservative. Growing health consciousness among consumers and increasing demand for processed and packaged food & beverages have been driving the use of food grade alcohols. Moreover, alcohol’s ability to extract flavors and maintain the quality and freshness of food is also fueling its demand from the food industry. However, strict regulations regarding the production and use of food grade alcohol poses a challenge to market players.

 Market Dynamics:

The key factors driving the food grade alcohol market include the growing demand for processed and packaged food & beverages, rising health consciousness leading to higher consumption of packaged food products, and widespread use of alcohol as a solvent, antimicrobial agent, and preservative in foods. Food grade alcohol helps enhance the shelf life of products and extracts natural flavors from many agricultural commodities like fruits, nuts, and spices. It also acts as a cleaning agent in the food processing industry. However, stringent regulations regarding the production, transport, storage, and use of food grade alcohol are expected to restrain the growth of this market. Moreover, availability of substitute ingredients and higher production costs pose challenges. Opportunities for market participants lie in developing countries with growing food processing industries. Investments in R&D to develop newer grades of alcohol for specialized applications also present an opportunity in the long run.

 Key Features of the Study:

  • This report provides an in-depth analysis of the global food grade alcohol market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global food grade alcohol market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include MGP, Cargill Incorporated, ADM, Cristalco, Grain Processing Corporation, Wilmar International Ltd., Extractohol, Pure Alcohol Solutions, Nedstar, Sasma B.V., Roquette Frères , Essentica, AVANSCHEM, Fairly Traded Organics, and Ethimex Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global food grade alcohol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food grade alcohol market.

Detailed Segmentation-

  • Product Type:
    • Ethanol
    • Polyols
    • Others
  • Source:
    • Molasses & Sugarcane
    • Fruits
    • Others (Grains, etc.)
  • Application:
    • Healthcare & Pharmaceutical
    • Food & Beverages
    • Personal Care
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • MGP
    • Cargill Incorporated
    • ADM
    • Cristalco
    • Grain Processing Corporation
    • Wilmar International Ltd.
    • Extractohol
    • Pure Alcohol Solutions
    • Nedstar
    • Sasma B.V.
    • Roquette Frères
    • Essentica
    • AVANSCHEM
    • Fairly Traded Organics
    • Ethimex Ltd

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Source
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
    • PEST Analysis
    • PORTER’s Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Key Developments
    • Industry Trend
  4. Global Food Grade Alcohol Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting Global Food Grade Alcohol Market
    • Impact Analysis
  5. Global Food Grade Alcohol Market, By Product Type, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Ethanol
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Polyols
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Food Grade Alcohol Market, By Source, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Molasses & Sugarcane
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Fruits
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others (Grains, etc.)
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  7. Global Food Grade Alcohol Market, By Application, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Healthcare & Pharmaceutical
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Food & Beverages
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Personal Care
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  8. Global Food Grade Alcohol Market, By Region, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019-2031
    • North America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Source, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • U.S.
        • Canada
    • Latin America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Source, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Source, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Source, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Source, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • MGP
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Cargill Incorporated
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • ADM
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Cristalco
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Grain Processing Corporation
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Wilmar International Ltd.
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Extractohol
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Pure Alcohol Solutions
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Nedstar
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Sasma B.V.
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Roquette Frères
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Essentica
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • AVANSCHEM
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Fairly Traded Organics
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
      • Ethimex Ltd
        • Company Overview
        • Product Type Portfolio
        • Recent Developments/Updates
  10. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  11. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Global Food Grade Alcohol Market” – Global forecast to 2031

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