Reports
Global Food Grade Alcohol Market: By Type: Ethanol, Sorbitol, Xylitol, Others; By Source: Sugarcane, Sugar Beet and Molasses, Grains, Others; By Application: Food, Beverages, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Food Grade Alcohol Market Outlook
The global food grade alcohol market attained a value of about USD 7.35 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.4% to reach approximately USD 10.1 billion by 2026.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 (2018-2022)
8.3 Global Food Grade Alcohol Market Forecast (2023-2028)
8.4 Global Food Grade Alcohol Market by Type
8.4.1 Ethanol
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Sorbitol
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Xylitol
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Food Grade Alcohol Market by Source
8.5.1 Sugarcane
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Sugar Beet and Molasses
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Grains
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Food Grade Alcohol Market by Application
8.6.1 Food
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Beverages
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Pharmaceutical and Nutraceutical
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.7 Global Food Grade Alcohol Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Food Grade Alcohol Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Food Grade Alcohol Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Food Grade Alcohol Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Food Grade Alcohol Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Food Grade Alcohol Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 2028
2. Global Food Grade Alcohol Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Food Grade Alcohol Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Food Grade Alcohol Historical Market: Breakup by Source (USD Million), 2018-2022
5. Global Food Grade Alcohol Market Forecast: Breakup by Source (USD Million), 2023-2028
6. Global Food Grade Alcohol Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Food Grade Alcohol Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Food Grade Alcohol Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Food Grade Alcohol Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Food Grade Alcohol Market Structure
Key Questions Answered in the Report
In 2020, the global food grade alcohol market attained a value of nearly USD 7.35 billion.
The market is projected to grow at a CAGR of 5.4% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 10.1 billion by 2026.
Some of the major drivers for industry growth include inflating per capita income, rapid urbanisation, and extensive use in the pharmaceutical and nutraceutical industry, which are boosting the market growth.
The rising use of the product in the dietary supplements, functional food and beverages, and sanitisation products, is expected to positively influence the market over the forecast period.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of food grade alcohol in the industry 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 application segments of the product are food, beverages, and pharmaceutical and nutraceutical.
The major players in the industry 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 7.35 billion in 2020, 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 2023-2028, growing at a CAGR of 5.4%. The market is projected to reach nearly USD 10.1 billion by 2026.
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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