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The Global Food-grade Alcohol Markets is Segmented by Type (Ethanol and Sugar Polyols), Application (Food, Beverages, and Dietary Supplements), and Geography
Fastest Growing Market:
The global food-grade alcohol market is projected to register a CAGR of 5.7% during the forecast period.
The food-grade alcohol market is segmented by type, into ethanol and polyols. By application, the market is segmented into food, beverages, and dietary supplements.
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Ethanol holds a larger market share, as it is largely used in the production of alcoholic beverages. Due to its volatility, it is used as a major ingredient base to manufacture a wide range of alcoholic beverages. Ethanol is also popularly used as a preservative in the food industry, to increase the shelf life of the end products, and in manufacturing preservatives, colorings, or flavoring agents, and for coating food products, thereby, boosting the demand for food-grade alcohol in the global market. Moreover, the consumers' demand for food products made from natural ingredients also led the manufacturers to use ethanol as a natural flavoring agent.
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North America is home to 2,500+ distilleries and breweries, where food-grade alcohol is utilized for various industrial purposes. The confectionery industries in the United States make use of food-grade alcohol in candy coatings. Moreover, food-grade alcohol also serves the purpose of preservatives, when added in the right proportion. Industrial food-grade alcohol also plays a substantial role in the manufacture of flavors and extracts, food dyes, yeast, and various sprays. The polyols have a widely established usage in non-cariogenic confectionery and oral care. Roquette, a United States-based company, is recognized as the global leader in polyols.
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The global food-grade alcohol market is fragmented, with numerous global and regional players operating within the market. The key players in the global food-grade alcohol market include Archer Daniel Midland Company, Cargill Inc., MGP Ingredients, and Roquette Freres SA.
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.2 By Application
5.2.3 Dietary Supplements
5.3.1 North America
18.104.22.168 United States
22.214.171.124 Rest of North America
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 Rest of Asia-Pacific
5.3.4 South America
220.127.116.11 Rest of South America
5.3.5 Middle East & Africa
18.104.22.168 South Africa
22.214.171.124 Saudi Arabia
126.96.36.199 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Archer Daniels Midland Company
6.4.2 Cargill, Incorporated
6.4.4 Roquette Freres
6.4.5 Manildra Group
6.4.6 Wilmar International Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability