Food Grade Alcohols Market By Type (Ethanol, Sorbitol, Xylitol, Other), By Source (Sugarcane, Sugar Beet & Molasses, Grains, Others), By Application (Food, Beverages, Pharmaceutical & Nutraceutical), By Nature (Organic, Conventional) Global Analysis to 2024
Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Automotive And Transportation | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFood Grade Alcohols Market By Type (Ethanol, Sorbitol, Xylitol, Other), By Source (Sugarcane, Sugar Beet & Molasses, Grains, Others), By Application (Food, Beverages, Pharmaceutical & Nutraceutical), By Nature (Organic, Conventional) Global Analysis to 2024
Food Grade Alcohols Market Size And Forecast
According to the new report titled " Food Grade Alcohols Market By Type (Ethanol, Sorbitol, Xylitol, Other), By Source (Sugarcane, Sugar Beet & Molasses, Grains, Others), By Application (Food, Beverages, Pharmaceutical & Nutraceutical), By Nature (Organic, Conventional), By Functions (Aromas, Preservatives, Solvents, Disinfectant and Others), Global Analysis to 2023".
The valuation of the Food Grade Alcohols market was $7.20 Billion in 2023 and is projected to reach $12.02 Billion by 2032, at a CAGR of 5.83% from 2021 to 2032.
Global Food Grade Alcohols Market Definition
Alcohol, also known as Ethanol, is a versatile product that can be utilized in a variety of applications, including food, medications, and industrial solvents. Food-grade alcohol, often known as fermented distilled liquor, is pure ethyl alcohol suitable for human consumption (lack of additives). Food-grade alcohol is also known as food-grade ethanol, non-denatured alcohol, grain alcohol, 190 proof grain, food-grade EtOH, and Anhydrous Ethanol in the industry. Food-grade alcohol is ethanol that is derived from natural food ingredients such as sugarcane, corn, cereals, and fruits.
It is a potent natural human-safe solvent that can be used in a variety of food-safe applications that may come into contact with people. Food-grade alcohol is a colorless and odorless liquid that is volatile and combustible and is generally used as a pharmaceutical or a beverage – particularly in the manufacture of alcohols. Ethanol is also employed in the production of beverages. Food-grade ethanol can be either pure ethanol or water-based. As a result, food-grade ethanol is particularly beneficial in the kitchen, laboratory, and workshop. Food grade alcohol is widely utilized in the food and beverage sector as a component in commodities such as flavorings, extracts, colors, and others.
Imagine your favorite glass of wine or a refreshing cocktail. The smooth, flavorful experience you cherish might not be possible without food-grade alcohols. These alcohols are safe for us to consume and play a vital role in making yummy food and drinks. Think of them as the secret ingredient that adds a spark to our culinary creations. As more people around the world enjoy food and drinks, companies are turning to food-grade alcohols to meet the increasing demand. These alcohols are used in everything from alcoholic beverages to flavorings and even preservatives. Plus, folks these days are all about natural and healthy living. They prefer products made with natural ingredients like food-grade alcohols. So, companies are racing to make foods and drinks with these ingredients to meet our cravings. And let's not forget about the convenience of processed foods. They're becoming more and more popular, and guess what? They often rely on food-grade alcohols too. So, as the world's appetite for tasty and healthy food and drinks grows, the demand for food-grade alcohols is set to keep rising. It's like a delicious party that just keeps going on!
Online held the largest share in the Food Grade Alcohols market
Sugarcane is a superstar in the world of food-grade alcohols. It's like the main ingredient in the yummy drinks and flavors we enjoy. But sugarcane isn't just for making alcohol. It's also used to make sugar and even power our homes. So, how much sugarcane we need for alcohol depends on how much we're using it for other things. Governments can make rules about how much sugarcane alcohol should be used in things like gasoline, and people like to choose biofuels over other options. These choices affect how much sugarcane we grow for alcohol. Sugarcane alcohol shows up in all sorts of our favorite drinks and foods. It's like a magical helper that makes them taste better and last longer. So, when we want to make these yummy things, we need a lot of sugarcane. But we also need it for other things, so it's like a balancing act to decide how much we can use for alcohol. And here's the cherry on toppeople are more interested in being eco-friendly these days. They like things made from plants or that don't hurt the environment. So, that makes people want sugarcane alcohol even more, which affects how much sugarcane we'll need.
North America headed the Food Grade Alcohols market in 2024
So, what's the buzz about food-grade alcohol in North America? It's all about the tasty stuff and the things that go with it. This special type of alcohol, especially ethanol, is like a secret ingredient in many of our favorite treats and drinks. It's what gives our alcoholic beverages their kick, adds flavor to our desserts, and helps keep our snacks fresh. And it's not just about fun and games. Food-grade alcohol also plays a role in keeping us healthy. It's used in medicines and beauty products to help them do their magic. Now, let's talk about what drives the demand for this magical alcohol. First off, when people are thirsty for drinks like beer, wine, or cocktails, they're also indirectly fueling the demand for food-grade alcohol. Second, the need for meds and personal care products also boosts the market. After all, who doesn't love a good-smelling lotion or a trusty hand sanitizer? Third, governments have a say in how food-grade alcohol is made, sold, and even labeled. Following these rules keeps our alcohol safe and honest. Finally, people are getting more into natural and organic stuff, and that includes their food-grade alcohol. They want to know it's coming from good sources. And of course, our wallets play a part. When things are going well economically, people are more likely to splurge on a nice bottle of wine or a special skincare cream.
Key Players
The “Global Food Grade Alcohols Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Cargill, Archer Daniels Midland Company, Roquette Freres, Sigma Aldrich, Cristalco SAS, MGP Ingredients, Wilmar International Limited, Manildra Group, Fonterra Co-Operative Group, and Grain Processing Corporation. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key market players operating in the market that are profiled in the report are -
- Archer Daniels Midland Company
- Cargill Inc.
- Fairly Traded Organics
- Ethimex Ltd.
- Organic Alcohol Company
- GLACIAL GRAIN SPIRITS
- CHIPPEWA VALLEY ETHANOL COMPANY
- Essentica
- MGP Ingredients
- Altia Industrial
- Highwater Ethanol LLC
- Roquette Freres etc.
Food Grade Alcohols Market, By Type
- Ethanol
- Polyols
Food Grade Alcohols Market, By Source
- Sugarcane and Molasses
- Grains
- Fruits
- Others
Food Grade Alcohols Market, By Functionality
- Coloring Agent
- Flavoring Agent
- Others
Food Grade Alcohols Market, By Application
- Beverages
- Beer
- Spirits
- Wine
- Others
- Food
- Pharmaceutical and Healthcare
Food Grade Alcohols Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, the Global Food Grade Alcohols Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The European region dominated the food & beverage industry due to the adaptation of innovative and new product development strategies to meet the demand and competition in this region. The Asia Pacific region is experiencing the highest growth rate due to industrial development policies adopted by the government. Also, the increased government investments in urbanization and the improved standard of living of consumers have led to an increase in the consumption of food & beverage products.
Reasons to Purchase this Report
Hello! I'm here to give you a comprehensive analysis of the market. We'll look at it from different angles, taking into account both financial and social factors. I'll also break down the market into specific segments and sub-segments, showing you how much each is worth. I'll show you which regions and segments are growing the fastest and will be leading the market. We'll also dive into each region's consumption patterns and the factors that are shaping the market there. To get a better understanding of the competition, I'll rank the top players and give you the scoop on their new products, partnerships, expansions, and acquisitions over the past five years. For each major player, I'll provide a detailed profile with information about their company, insights, product comparisons, and a SWOT analysis. I'll also give you the latest and future market outlook, highlighting growth drivers, opportunities, challenges, and obstacles in both emerging and developed regions. Using Porter's Five Forces Analysis, we'll analyze the market from different perspectives. We'll also map out the value chain to provide a comprehensive understanding. To help you make the best decisions, I'll provide insights into market dynamics and identify potential growth areas in the coming years. And to top it off, you'll get six months of post-sales support from an analyst, so you can always get answers to your questions.
Table of Content
INTRODUCTION OF GLOBAL FOOD GRADE ALCOHOLS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL FOOD GRADE ALCOHOLS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL FOOD GRADE ALCOHOLS MARKET, BY TYPE
5.1 Overview
5.2 Ethanol
5.3 Polyols
6 GLOBAL FOOD GRADE ALCOHOLS MARKET, BY SOURCE
6.1 Overview
6.2 Sugarcane and Molasses
6.3 Grains
6.4 Fruits
6.5 Others
7 GLOBAL FOOD GRADE ALCOHOLS MARKET, BY FUNCTIONALITY
7.1 Overview
7.2 Coloring Agent
7.3 Flavoring Agent
7.4 Others
8 GLOBAL FOOD GRADE ALCOHOLS MARKET, BY APPLICATION
8.1 Overview
8.2 Beverages
8.2.1 Beer
8.2.2 Spirits
8.2.3 Wine
8.2.4 Others
8.3 Food
8.4 Pharmaceutical and Healthcare
9 GLOBAL FOOD GRADE ALCOHOLS MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East and Africa
10 GLOBAL FOOD GRADE ALCOHOLS MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Ranking
10.3 Key Development Strategies
11 COMPANY PROFILES
11.1 Cargill
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Archer Daniels Midland Company
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Roquette Freres
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Sigma Aldrich
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Cristalco SAS
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 MGP Ingredients
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Wilmar International Limited
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Manildra Group
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Fonterra Co-Operative Group Grain Processing Corporation
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Grain Processing Corporation
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
12 Appendix
12.1 Related Research
- Archer Daniels Midland Company
- Cargill Inc.
- Fairly Traded Organics
- Ethimex Ltd.
- Organic Alcohol Company
- GLACIAL GRAIN SPIRITS
- CHIPPEWA VALLEY ETHANOL COMPANY
- Essentica
- MGP Ingredients
- Altia Industrial
- Highwater Ethanol LLC
- Roquette Freres etc.
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