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Food Grade Alcohol Market

Global Food Grade Alcohol Market Analysis, Trends, Growth: By Type: Ethanol, Sorbitol, Xylitol, Others; By Source: Sugarcane, Sugar Beet and Molasses, Grains, Others; By Application: Food, Beverages, Pharmaceutical and Nutraceutical; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Food Grade Alcohol Market Outlook

The global food grade alcohol market attained a value of about USD 8.61 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.4% to reach approximately USD 13.85 billion by 2032.          

 

Global Food Grade Alcohol Market

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Increasing Consumption of Alcohol Beverages to Bolster the Market Growth for Food Grade Alcohol

Regionally, Europe has the highest consumption, followed by North America, owing to the popularity of food grade alcohol-based products in the food and beverage sector. Among the numerous processed food producers in these regions, food grade alcohol is in high demand due to the diverse range of flavours and several uses owing to its coating, sweetening, emollient, bulking, anti-crystallising, and stabilising properties. Among the various applications, the beverage segment is estimated to continue dominating the market over the forecast period with countless alcohol beverage products, such as beer, wine, whiskey, and other liquors, gaining popularity all over the world. The food industry primarily utilises alcohol in select products as an additive, preservative, or added flavour. Meanwhile, the pharmaceutical and nutraceutical segment is expected to witness robust growth in the coming years. Based on the type, ethanol maintains its highest market position due to its use in several industry verticals.

 

Food Grade Alcohol: Market Segmentation

Food grade alcohol, also known as non-denatured alcohol, is a type of alcohol essentially used as an ingredient in various products across industries. It is safe for human consumption because of its purity attributing to the lack of additives, and is especially useful in the kitchen, the laboratory, and the workbench.

 

Global Food Grade Alcohol Market by Segment

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The major types of food grade alcohol are:

  • Ethanol
  • Sorbitol
  • Xylitol
  • Others

Based on source, the industry is segmented into:

  • Sugarcane
  • Sugar Beet and Molasses
  • Grains
  • Others

The market can be broadly categorised on the basis of its application segments into:

  • Food
  • Beverages
  • Pharmaceutical and Nutraceutical

The EMR report looks into the regional markets of food grade alcohol like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Food Grade Alcohol Market by Region

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Growing Urbanisation and Changing Food Habits Among the Driving Forces for Food Grade Alcohol Industry

The primary driving force aiding the market growth for food grade alcohol is the rise in consumer income and expenditure, and expanding urbanisation, leading to the growth in the processed food industry. This surge in demand for food ingredients generates growth opportunities for food grade alcohol market. Additionally, consumption of alcoholic beverages, as a part of social meet and greet events has boosted the market growth. Various alcohol-based ingredients, such as polyols, find extensive use in the pharmaceutical and nutraceutical industry, in the form of dietary supplements, functional food and beverages, and sanitisation products, among others.

Meanwhile, fluctuating prices of raw materials and stringent regulations are expected to obstruct the growth in the food grade alcohol industry. However, due to new product development and the shift of associated products from the luxury segment to the essentials segment, these hurdles are anticipated to be negligible in the forthcoming years.

 

Key Industry Players in the Global Food Grade Alcohol Market

The report presents a detailed analysis of the following key players in the global food grade alcohol market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Cargill Incorporated
  • Spectrum Chemical Manufacturing Corp.
  • Manildra Group
  • Wilmar International Limited
  • Grain Processing Corporation
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Source
  • Application
  • Region
Breakup by Type
  • Ethanol
  • Sorbitol
  • Xylitol
  • Others
Breakup by Source
  • Sugarcane
  • Sugar Beet and Molasses
  • Grains
  • Others
Breakup by Application
  • Food
  • Beverages
  • Pharmaceutical and Nutraceutical
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill Incorporated
  • Spectrum Chemical Manufacturing Corp.
  • Manildra Group
  • Wilmar International Limited
  • Grain Processing Corporation
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Food Grade Alcohol Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Food Grade Alcohol Historical Market (2018-2023) 
    8.3    Global Food Grade Alcohol Market Forecast (2024-2032)
    8.4    Global Food Grade Alcohol Market by Type
        8.4.1    Ethanol
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Sorbitol
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Xylitol
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Food Grade Alcohol Market by Source
        8.5.1    Sugarcane
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Sugar Beet and Molasses
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Grains
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Food Grade Alcohol Market by Application
        8.6.1    Food
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Beverages
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Pharmaceutical and Nutraceutical
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Food Grade Alcohol Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Food Grade Alcohol Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Food Grade Alcohol Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Food Grade Alcohol Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Food Grade Alcohol Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Food Grade Alcohol Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Cargill Incorporated
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Spectrum Chemical Manufacturing Corp.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Manildra Group
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Wilmar International Limited
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Grain Processing Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Food Grade Alcohol Market: Key Industry Highlights, 2018 and 2032
2.    Global Food Grade Alcohol Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Food Grade Alcohol Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Food Grade Alcohol Historical Market: Breakup by Source (USD Million), 2018-2023
5.    Global Food Grade Alcohol Market Forecast: Breakup by Source (USD Million), 2024-2032
6.    Global Food Grade Alcohol Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Food Grade Alcohol Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Food Grade Alcohol Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Food Grade Alcohol Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Food Grade Alcohol Market Structure

Key Questions Answered in the Report

In 2023, the global food grade alcohol market attained a value of nearly USD 8.61 billion.

The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 13.85 billion by 2032.          

The major drivers of the market include rising per capita income, rapid urbanisation, and the extensive use of food grade alcohol in the pharmaceutical and nutraceutical markets.

The rising use of food grade alcohol in dietary supplements, functional food and beverages, and sanitisation products, and the growing demand for organic food grade alcohol are the key trends of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of food grade alcohol in the market are ethanol, sorbitol, and xylitol, among others.

The significant sources in the market are sugarcane, sugar beet and molasses, and grains, among others.

The various applications of the food grade alcohol are food, beverages, and pharmaceutical and nutraceutical.

The key players in the global food grade alcohol market are Cargill Incorporated, Spectrum Chemical Manufacturing Corp., Manildra Group, Wilmar International Limited, and Grain Processing Corporation, among others.

Analyst Review

The global food grade alcohol market attained a value of about USD 8.61 billion in 2023, driven by the extensive use of the product in the pharmaceutical and nutraceutical industry. Aided by the new product development and the shift of associated products from the luxury segment to the essentials segment, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.4%. The market is projected to reach nearly USD 13.85 billion by 2032.          

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the food grade alcohol industry can be segmented into ethanol, sorbitol, and xylitol, among others. On the basis of sources, the industry is divided into sugarcane, sugar beet and molasses, and grains, among others. By application, the industry is categorised into food, beverages, and pharmaceutical and nutraceutical. The major regional markets for food grade alcohol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill Incorporated, Spectrum Chemical Manufacturing Corp., Manildra Group, Wilmar International Limited, and Grain Processing Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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