Food-grade Alcohol Market Size, Share, Growth, Trend & Forecast

Food-grade Alcohol Market

Global Food-grade Alcohol Market is projected to reach 2.92 Billion by 2024, growing at a CAGR of over 4% during 2019-2024. The major factors contributing in the growth of the market are increasing population, rising per capita income and growing demand for alcohol in pharmaceuticals in making of decongestants, vaccines, cough syrups, and antibiotics. Based on source, the market has been segmented into Sugarcane & Molasses, Fruits, Grains and Others. In 2018, the sugarcane & molasses segment dominated the market and is expected to maintain its dominance over the next five years as well due to increasing demand for food grade alcohol from sugarcane & molasses. In 2018, North America region dominated the market in terms of value due to growing population, increasing demand for food and growing technological advancements.

Years considered for this report:

Historical Year : 2014-2017

Base Year : 2018

Estimated : 2019

Forecast : 2020-2024

Objective of the Study:

  • To analyse and forecast the market size of Food-grade Alcohol, in terms of value & volume.
  • To classify and forecast Global Food-grade Alcohol based on type, source, application, functionality and regional distribution.
  • To identify drivers and challenges for Global Food-grade Alcohol.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Food-grade Alcohol.
  • To conduct the pricing analysis for Food-grade Alcohol.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Food-grade Alcohol.

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Some of the leading players in the Global Food-grade Alcohol market are Cargill, Archer Daniels Midland Company, Fonterra Co-Operative Group, Manildra Group, Cristalco S.A.S, Sigma-Aldrich, Roquette Frères, MGP Ingredients, Grain Processing Corporation, Wilmar International Limited   etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Food-grade Alcohol using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Food & beverage manufacturers
  • Pharmaceutical manufacturers
  • Food safety agencies
  • Importers and exporters of food-grade alcohol
  • Industry associations and experts
  • Dealers/Distributors
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

  1. Product Overview
  2. Research Methodology
  3. Executive Summary
  4. Voice of Customer

4.1.  Product Awareness

4.2.  Product Pricing

4.3.  Product Quality

4.4.  Factors Influencing the Purchase Decision

  1. Global Food-grade Alcohol Market Overview 
  2. Global Food-grade Alcohol Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Ethanol and Polyols)

6.2.2.     By Source (Sugarcane & Molasses, Fruits, Grains and Others)

6.2.3.     By Application (Food, Beverages and Health Care & Pharmaceutical)

6.2.4.     By Functionality (Coloring/Flavoring Agent, Coatings and Others)

6.2.5.     By Region

6.3.  Market Attractiveness Index

  1. Asia-Pacific Food-grade Alcohol Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Application

7.2.3.     By Functionality

7.2.4.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Food-grade Alcohol Market Outlook         Market Size & Forecast             By Value & Volume         Market Share & Forecast             By Type             By Application         Market Attractiveness Index

7.4.2.     India Food-grade Alcohol Market Outlook         Market Size & Forecast             By Value & Volume         Market Share & Forecast             By Type             By Application         Market Attractiveness Index

Mr. Ken Mathews

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