"Market Intelligence that Adds Flavour to Your Success"

Food-grade Alcohol Market Size, Share & Industry Analysis, By Product (Ethanol, Polyols), By Source (Grains, Sugarcane, Fruits, Others), By Application (Food & Beverage, Pharmaceuticals, Personal Care & Cosmetics)and Regional Forecast, 2024-2032

Region : | Report ID: FBI101622 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global food-grade alcohol market is projected to witness a steep rise during the forecast years, due to escalating demand for alcoholic beverages, coupled with rising consumer expenditure on food & beverage products across developed as well as developing economies. Increasing utilization of food-grade alcohol (as a preservative and solvent) in pharmaceutical or drug formulation is further projected to propel the growth of the global food-grade alcohol market.


Key companies operating in the global food-grade alcohol market are focusing on expanding their production capabilities and strengthening their product portfolio to maintain their prominence in the global market. Archer Daniels Midland Company (U.S.), Cargill Incorporated (U.S.), and Wilmar International Limited (Singapore) are some of the key companies performing in the global food-grade alcohol market.

The process of production of food-grade alcohol is different from that of fuel-grade alcohol. Ethanol, which composes a major fraction of the food-grade alcohol is generally produced by the process of wet milling. To develop food-grade alcohol, with high value, additional purification is required to remove even the finest of impurities from the ethanol. Distillation, adsorption, and ozonation are some of the commonly used purification methods used for food-grade alcohol.

Up Arrow

Key Market Driver -

Key Market Driver – High demand from end-use industries is projected to drive the market growth.

Down Arrow

Key Market Restraint -

Key Market Restraint – Adverse health effects due to over-consumption of food-grade alcohol is projected to restrain the market growth.


The food-grade alcohol market is expected to expand significantly during the forecast years, due to a rise in the sale of alcoholic beverages, coupled with improving the trade of alcohol across developing economies attributed to favorable trade regulations. Rising sophistication in food & beverage industry is leading to increasing usage of efficient preservatives, flavorings and other ingredients that can contribute in enhancing the taste of the product along with improving its shelf-life, which in turn is expected to fuel the growth of food-grade alcohol market in the foreseeable years. However, Negative health impacts of consuming alcoholic beverages in excessive amounts, coupled with demographic and legal aspects associated with the consumption of alcohol is expected to hinder the market growth during the forecast years.

Key Players Covered:


Some of the major companies that are present in the global food-grade alcohol market are Cargill, Incorporated, Roquette Freres S.A., Wilmar International Limited, Archer Daniels Midland Company, MGP Ingredients, Manildra Group, Grain Processing Corporation, Sigma-Aldrich, Cristalco SAS, and Fonterra Co-operative.

On the basis of product, the global food-grade alcohol market has been segmented into ethanol and polyols. The ethanol segment is projected to hold the major market share in the global food-grade alcohol market owing to its wider applications in the production of various alcoholic beverages. High utilization of ethanol as food preservatives, coloring agent, and flavoring agent in production of various food products is further expected to boost the growth of the segment in the forthcoming years.

On the basis of application, the global food-grade alcohol market has been segmented into food & beverage, pharmaceuticals, and personal care & cosmetics. The application of food-grade alcohol is expected to be the highest in food & beverage industry, owing to high demand for the product among food flavor, colorant and preservative manufacturers across developed and developing regions. The demand for food-grade alcohol across personal care & cosmetics industry is expected to rise considerably during the forecast years, due to increasing utilization of the product in the production of perfumes, mouthwashes, deodorants, face & body lotions, and others.

Regional Analysis:


Europe holds the major market share in the global food-grade alcohol market and is expected to retain its dominance during the forecast years, owing to higher consumption of alcohol by end-use industries, such as food, pharmaceutical, and cosmetics & personal care industry across European countries. Well-established food & beverage industry of the region and high incorporation of food-grade alcohol in preparation of various types of food flavors, vinegar preparation, and others is expected to propel the market growth of the region.

To gain extensive insights into the market, Request for Customization


Asia Pacific is projected to exhibit significant growth during the forecast years, due to rapid urbanization across major Asian economies, such as India, China, and others. The increasing population of Asia Pacific, which is leading to the growth of food & beverage industry of the region, coupled with rising per capita income of consumers are further expected to aid the growth of food-grade alcohol market of APAC during the forecast years.

Segmentation


























 ATTRIBUTE

 DETAILS

By Product



  • Ethanol

  • Polyols



By Source



  • Grains

  • Sugarcane

  • Fruits

  • Others



By Application



  • Food & Beverage

  • Pharmaceuticals

  • Personal Care & Cosmetics



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (France, Germany, 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 and Rest of ME&A)



Key Industry Developments



  • In May 2017, Cargill Incorporated acquired Rogers, Arkansas-based BioBased Technologies and Agrol, their vegetable-based polyol product line.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Food & Beverages Clients

Mckinsey
Fuji film
Samyang
Daesang
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