Press release
What's Driving Growth in the Global Food Grade Alcohol Market?
Food Grade Alcohol Market
Food Grade Alcohol Market size was valued at USD 3.4 billion in 2023 and is poised to grow from USD 3.53 billion in 2024 to USD 4.8 billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).
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The ability of food grade alcohols to inhibit the growth of microorganisms can significantly increase the shelf life of food products, reducing the need for other synthetic preservatives. The use of natural preservatives, such as food grade alcohols, is becoming increasingly important due to consumer demand for healthier and more natural ingredients. Furthermore, food grade alcohols are also effective in preventing spoilage and degradation of food products caused by oxidation. They act as an antioxidant, preventing the breakdown of fats and oils in food, thereby maintaining the quality and freshness of the product for longer periods.
Market Segmentation:
Global Food Grade Alcohol Market is segmented by Type, Source, Function, Application and region.
Based on Type, the market is segmented into Ethanol and Polyols.
Based on Source, the market is segmented into Molasses & Sugarcane, Fruits, Grains and Others.
Based on Function, the market is segmented into Coatings, Preservatives, Coloring & Flavoring Agent and Others.
Based on Application, the market is segmented into Healthcare & Pharmaceutical, Food, Beverages, Personal Care and Others.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Food Grade Alcohol Market Key Players:
Archer Daniels Midland Company (United States)
Roquette Freres (France)
Cargill, Incorporated (United States)
MGP Ingredients (United States)
Sigma Aldrich (United States)
Wilmar International Limited (Singapore)
Fonterra Co-operative Group (New Zealand)
Manildra Group (Australia)
GrainCorp (Australia)
Cristalco SAS (France)
Jiangsu Huating Biotechnology Co. Ltd. (China)
Greenfield Global Inc. (Canada)
The Andersons Inc. (United States)
Grain Processing Corporation (United States)
Biofuel Systems Group Ltd. (United Kingdom)
Miteni SpA (Italy)
Jilin Province Hongjiu Bioengineering Co. Ltd. (China)
Pure Alcohol Solutions Inc. (United States)
Extractohol (United States)
Groupe Alimentaire Miron (Canada)
Essential regions of the Food Grade Alcohol market are:
• Food Grade Alcohol North America Market includes (Canada, Mexico, USA)
• Food Grade Alcohol Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Food Grade Alcohol Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Food Grade Alcohol South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Food Grade Alcohol industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Food Grade Alcohol Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Food Grade Alcohol Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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