Press release
South Africa Extra Neutral Alcohol market size is estimated to register a notable growth up to 2023
South Africa Extra Neutral Alcohol Market
The growth of the extra neutral alcohol market is expected to be driven by increase in consumption of alcoholic beverages during the forecast period. Improved standard of living of consumers and increase in their disposable incomes are expected to boost the demand for premium alcohols, which in turn is anticipated to fuel the growth of the extra neutral alcohol market in future. Implementation of stringent regulations on alcohol use, owing to rise in alcohol abuse in South Africa is anticipated to hamper the growth of the extra neutral alcohol industry in this region. However, the development of first- or second-generation biofuels from ethanol is projected to create new opportunities for the market players.
Download Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/4629
Extra neutral alcohol (ENA), also known as absolute alcohol, is a food grade alcohol, which is colorless and has a neutral smell and taste. It is largely produced using grain and molasses as the raw materials. ENA plants are usually based on the principles of multi-pressure-cascading techniques, and the process control is done by digital distributed control system. Extra neutral alcohol is used in the production of potable alcohols. In addition, it finds a wide range of applications in cosmetics and pharmaceuticals industries. In the pharmaceutical industry, extra neutral alcohol is a prime carrier for a whole spectrum of medicines, and is therefore used for processing a wide range of drugs. In the flavors and fragrance industry, dilute ethanol is used to produce distilled vinegar, flavor extracts, and concentrates for soft drinks and food products.
Key findings of the South Africa Extra Neutral Alcohol Market:
1. In terms of value, the Southern Africa Development Community (SADC) region is expected to grow at a CAGR of 7.3% during the forecast period.
2. COMESA is expected to dominate the market, registering highest CAGR of 6.3% in terms of value.
3. Malawi is projected to show exponential growth in demand throughout 2023, growing at a CAGR of 8.7%, in terms of value.
The growth of the extra neutral alcohol market is expected to be driven by increase in consumption of alcoholic beverages during the forecast period. Improved standard of living of consumers and increase in their disposable incomes are expected to boost the demand for premium alcohols, which in turn is anticipated to fuel the growth of the extra neutral alcohol market in future. Implementation of stringent regulations on alcohol use, owing to rise in alcohol abuse in South Africa is anticipated to hamper the growth of the extra neutral alcohol industry in this region. However, the development of first- or second-generation biofuels from ethanol is projected to create new opportunities for the market players.
The key players operating in the extra neutral alcohol market include Illovo Sugar (Pty) Ltd., NCP Alcohols (Pty) Ltd., USA Distillers, Agro Chemical and Food Company Limited (ACFC), Sasol Solvents, Mumias Sugar Company, Tag Solvent Products (Pty) Ltd., Swift Chemicals (Pty) Ltd., Enterprise Ethanol, and Greenpoint Alcohols (Pty) Ltd. These players have adopted the strategy of having multiple manufacturing units across various countries, thus, leading to easy distribution of extra neutral alcohol.
Get Full Summary of This Report @ https://www.alliedmarketresearch.com/south-africa-extra-neutral-alcohol-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
About us
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release South Africa Extra Neutral Alcohol market size is estimated to register a notable growth up to 2023 here
News-ID: 2302592 • Views: …
More Releases from Allied Market Research
Power Tools Market Witness Excellent Growth by 2027 | Tremendous Business Opport …
The market growth is driven by the increasing adoption of power tools for both professional and personal use. Major applications include the industrial and do-it-yourself (DIY) sectors, with the industrial sector holding the largest share due to the extensive use of power tools for process automation in the construction and automotive industries. During the forecast period, the industrial segment is expected to account for approximately 60% of the global power…
Fire Sprinkler Market 2027: Industry Growth, Top Key Players Registering a CAGR …
Market Overview:
The rapid pace of urbanization and industrialization has significantly fueled construction activities in both developed and developing countries. Nations like the U.S., Canada, the UK, Russia, India, China, and Brazil have experienced a noticeable increase in both residential and nonresidential construction projects. An illustrative example is Canada's economy, as reported by Statistics Canada, the national statistical agency.
In August 2020, the agency released a report highlighting the strong growth…
Smart Beacon Market Growth Drivers and Future Outlook Forecast, 2021-2030
Allied Market Research published an exclusive report, titled, "Smart Beacon Market Size, Share, Competitive Landscape and Trend Analysis Report by Standard Type, Connectivity, Offering and End Use : Global Opportunity Analysis and Industry Forecast, 2021-2030".
The global smart beacon market size is expected to reach $103.94 billion by 2030 from $3.28 billion in 2020, growing at a CAGR of 37.70% from 2021 to 2030.
Download Research Report Sample & TOC : …
Consumer Active Optical Cable Market Research Report: Global Industry Analysis a …
Allied Market Research published an exclusive report, titled, "Consumer Active Optical Cable Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology and Connector Type : Global Opportunity Analysis and Industry Forecast, 2021-2030".
The global consumer active optical cable market size was valued at $141.5 million in 2020, and is projected to reach $958.5 million by 2030, registering a CAGR of 22.1% during 2021 to 2030.
Download Research Report Sample &…
More Releases for South
Global Pajamas Market Report - Japan, Europe, South Korea, Asia and America ( No …
Recently we published the latest report on the Pajamas market. The report on the Pajamas market provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 15 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The Pajamas market analysis includes product segment and geographic landscape.
The…
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of…
South Korea Agriculture Market | South Korea Agriculture Industry | Covid-19 Imp …
Agriculture in South Korea may be a sector of the economy of South Korea. The natural resources needed for agriculture in South Korea aren’t torrential. Two thirds of the country are mountains and hills. Productive land solely accounts for 22 percent of the country's land. The foremost vital crop in South Korea is rice, secretarial regarding 90 percent of the country's total grain production and over 40 percent of farm…
South Africa AdBlue Oil Market 2024: BASF SE (Germany), Engen Petroleum Ltd (Sou …
Market Snapshot
The market for AdBlue oil in South Africa is expected to witness a CAGR of 4.83% during the assessment period assessment period (2017-2024). Adbule continues to be a popular fluid mix for diesel and gasoline fuel-based vehicles. The mix facilitates a selective catalytic reduction (SCR) technology along with other chemical reaction with the exhaust gases, effectively reducing the emmision of nitrogen oxides.
Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6223
This in turn…
2018 Stem Cell Therapy Market by Top Key Players - Anterogen (South Korea), MEDI …
Adroit Market Research has announced the addition of the “Global Stem Cell Therapy Market Size Status and Forecast 2025”, The report classifies the global Stem Cell Therapy in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Stem Cell Therapy Speaker market, analyzes and researches the Stem Cell Therapy Speaker development status and forecast in North…
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent…
