Food-grade Alcohol Market 2021 Is Booming Across the Globe by Share, Size, Growth, Segments and Forecast to 2025

Latest released, the research study on Global Food-grade Alcohol Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. Food-grade Alcohol Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Food-grade Alcohol. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: Archer Daniel Midland Company, Cargill Inc., MGP Ingredients, and Roquette Freres SA.

The global food-grade alcohol market is projected to register a CAGR of 5.7% during the forecast period.

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Covid-19 Impact and Recovery Analysis:

The global Food-grade Alcohol market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Key Market Trends

Ethanol Dominates the Market Share

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.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

North America is the Largest Market

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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-Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

-Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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