"Market Intelligence that Adds Flavour to Your Success"

Alcohol Ingredients Market Size, Share & Industry Analysis, By Ingredient Type (Yeast, Enzymes, Flavours & Salts, Colorants), By Beverage Type (Beer, Wine, Spirits, Whisky, Brandy) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104158 | Status : Ongoing

 

KEY MARKET INSIGHTS

Alcohol is majorly produced by the fermentation process using ingredients such as yeast, grains, and fruits. Various alcoholic beverages such as beer, wine, whiskey, vodka, and others are produced using these ingredients. The alcohol ingredients market is witnessing an upsurge owing to the consumer’s growing inclination towards innovative and flavourful beverages such as cocktails, beer and others. Moreover, the manufacturers are incorporating various exotic flavours in the alcoholic beverages to improve its taste and draw the consumers’ attention; thereby fuelling the alcohol ingredients industry growth.


The emergence of pubs, bars and, nightclubs are one of the major factors to promote consumption of alcohol worldwide. Additionally, the growth in alcohol ingredients market is also attributed to the increasing number of small scale breweries, pubs, and restaurants serving alcoholic beverages. Along with this, the willingness of the consumers to try new alcoholic beverages has led to rise in consumption of craft beer and other flavoured spirits, which has compelled the alcohol ingredients manufacturers to work upon the product premiumization.

The significant increase in the consumption of alcoholic beverages across the globe is a major factor driving the alcohol ingredients market. According to researchers from Centre for Addiction and Mental Health, Canada, the total alcohol consumption globally has increased from 21 billion litres in 1990 to 35.7 billion litres in 2017, with 70% increase in the consumption. The emerging economies Vietnam, China and India have majorly contributed for the increased alcohol consumption.

The changing consumer preferences towards consuming alcoholic beverages due to their several negative health impacts such as cardiovascular ailments and liver cirrhosis is impeding the alcohol ingredients market growth. Further, the consumers are seeking low or zero alcohol beverages that are a healthier alternative to alcoholic beverages has also hampered the alcohol ingredients industry growth.

Up Arrow

Key Market Driver -

Increasing Consumption of Alcoholic Beverages

Down Arrow

Key Market Restraint -

Negative Health Effects Associated with Alcohol Consumption


Key Players Covered:



  • Treatt Plc.

  • Ashland Global Specialty Chemicals Inc.

  • Sensient Technologies

  • AngelYeast Co. Ltd.

  • Chr. Hansen A/S

  • Biospringer. DDW

  • The Color House

  • The Archer Daniels Midland Company,

  • Döhler GmbH

  • Synergy Flavours


The yeast segment is expected to hold the major share in the alcohol ingredients market at it is the main ingredient that carries out the whole fermentation process for alcohol production. Further, yeast is also widely incorporated as it aids in keeping the digestive system healthy and balanced, which in turn has driven its market growth. The flavours and salts segment is expected to hold a major share in the alcohol ingredients market due to the increasing consumer demand for flavoured alcoholic beverages. The flavours infused in the beverages increases its taste and mouth feel which has led consumers to try new variants; thereby, increasing its product sales.

Beer segment is holding the major share owing to the health benefits associated with beer consumption as it contains the ingredients such as barley and hops that are rich in many beneficial nutrients. Along with this, these ingredients impart antioxidant and bone strengthening properties in beer which has also led to its increased consumption.

Regional Analysis:


Asia Pacific is the fastest-growing market for alcohol ingredients due to the rise in per capita alcohol consumption and purchasing power of the consumers. Countries such as India, China, Japan, Malaysia, Taiwan, South Korea, and Indonesia are the potential markets that have contributed to the increased consumption in the region. South Korea is the major alcohol consuming country in the region in 2017, according to the World Health Organization (WHO). This has led many prominent manufacturers to setup their production base in the region for their geographical expansion and is expected to propel the alcohol ingredients market growth over the coming years.

Europe is expected to witness significant growth in the upcoming years due to the increase in consumption of alcohol in countries such as Russia, Germany, France, and the U.K. The region is also the major producer of alcoholic beverages - Italy, France and Spain are the major producers of wine across the globe. The favourable climate, soil quality, and terrain influences the easy ingredient availability for alcohol production, thus boosting the alcohol ingredients market growth in the region.

To gain extensive insights into the market, Request for Customization


Alcohol Ingredients Market Segmentation Analysis






















 ATTRIBUTE

  DETAILS

By Ingredient Type



  • Yeast

  • Enzymes

  • Flavours & Salts

  • Colorants



By Beverage Type



  • Beer

  • Wine

  • Spirits

  • Whisky

  • Brandy



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In February 2020, Novozymes A/S launched next yeast technology, Innova Fit in North America. The product is a non-GMO yeast that eliminates the production constraints of alcohol by the other variants. This new launch by the company broadens its product portfolio and offers better opportunities for efficient alcohol production.

  • In July 2019, Diageo plc, under its brand name Smirnoff launched a new spirit drink called Smirnoff Infusions which has comparatively low ABV percentage i.e. 23% than the usual 37.5% ABV. The product was launched by the company owing to the rising popularity of great-tasting drinks among the consumers.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Food & Beverages Clients
Fresenius
Samyang
Daesang
Health Canada
Bunge
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X