Press release
Food-grade Alcohol Market Coronavirus Impact - Key Takeaways are Cargill, Incorporated, Roquette Freres S.A, Wilmar International Limited and more
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.
Gain More Insights into the Food-grade Alcohol Market Research Report
https://www.fortunebusinessinsights.com/industry-reports/food-grade-alcohol-market-101622
Objectives of the Report
A comprehensive overview of the market
List of factors boosting, repelling, stimulating, and providing opportunities to the market
Detailed market segmentation and names of leading segments
List of key industry developments, and interesting insights to the market
Competitive landscape and list of significant players operating in the food-grade alcohol market and key strategies adopted by them
Other food-grade alcohol market trends
Use of Food-grade Alcohol for Body Care Products to Aid in Expansion of Market
The rise in global trade relations between nations for alcohol is an important factor promoting the food-grade alcohol market growth. Additionally, the rise in popularity and increasing production of beer worldwide is also expected to help increase the overall food-grade alcohol market size in the forecast period. Besides this, there is an increasing demand for food-grade alcohol from applications in the food and beverage sector such as bakery and confectionery, food flavoring. This will help increase the overall food-grade alcohol market size in the forecast period. This, coupled with the use of food-grade alcohol in body care products such as deodorant, perfume, shampoo, and soaps, sanitizers, hand wash, and others, will help attract high food-grade alcohol market revenue in the forecast period.
On the flip side, increasing awareness about the harmful effects of alcohol consumption may hamper the overall food-grade alcohol market growth. This, coupled with the fluctuating raw material prices, may pose a challenge to the market in the long run. Furthermore, stringent regulations imposed on the use of alcohol in various health and personal care, as well as food and beverage products, may negatively impact the overall food-grade alcohol market.
Nevertheless, emerging nations such as Latin America, Asia Pacific, and the Middle East and Africa are prognosticated to create lucrative food-grade alcohol market growth opportunities in the forecast duration. Apart from this, analysts at Fortune Business Insights™ predict the contribution of co-products for ethanol production in the feed industry to help augment the growth of the market in the long run.
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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/food-grade-alcohol-market-101622
Rise in Per Capita Income of People will help Asia Pacific Attract Significant Revenue to the Regional Market
Geographically, Europe is holding the dominant food-grade alcohol market share in the market. This is attributable to the higher rate of utilization of alcohol from end-use industries such as cosmetics and personal care, pharmaceutical, food, and others in and around the region. Moreover, the presence of a well-established food and beverage industry, coupled with the high incorporation of food-grade alcohol for preparing food flavors, preparing vinegar, and others in the region, is also aiding to the expansion of the regional market.
On the other side, Asia Pacific market share is anticipated to witness a significant rise in the forecast period on account of rapid urbanization across major economies such as China, India, and others. In addition, the rise in per capita income of people in the developing nations of the region is also expected to add a boost to the overall food-grade alcohol market growth in the coming years.
Merger and Acquisition Strategies to Help Companies Compete for top Market Position
Companies operating in the food-grade alcohol market are entering into strategic collaborations, contracts, partnerships, and mergers and acquisitions for maintaining their position in the overall market. Such strategies are likely to help companies earn high food-grade alcohol market revenue on one hand and enjoy a significant position in the market competition.
Key industry developments of the food-grade alcohol market include:
May 2017 Arkansas-based BioBased Technologies, Rogers, and Agrol were acquired by Cargill Incorporated for their vegetable-based polyol product line.
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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