Food Grade Alcohol Market Expands with Rising Demand in Beverages, Flavors, and Industrial Food Applications Worldwide

The Global Food Grade Alcohol Market reached USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 6.1% during the forecast period (2024-2031).

The Food Grade Alcohol Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Food Grade Alcohol market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Food grade alcohol, also known as ethyl alcohol or ethanol, is a high-purity alcohol approved for consumption or use in food products. It's widely used in flavor extracts, beverages, and food processing.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as

Roquette Frères, ADM, Fonterra Co-operative Group, MGP, Jiangsu Huating Biotechnology Limited Company, GREENFIELD GLOBAL INC., Wilmar International Ltd, Cargill, Inc., The Andersons, Inc., , Manildra Group, Grain Processing Corporation.

Key Developments:

❁ In October 2022, CIE, a U.S.-based producer of grain-based specialty alcohols, acquired the assets of Elkhorn Valley Ethanol from Louis Dreyfus Company, a Dutch agricultural commodities firm, for an undisclosed amount. This acquisition strengthens CIE's portfolio, enhances its market presence, and expands its customer base. Elkhorn Valley Ethanol continues to produce ethanol domestically within the United States.

❁ In April 2022, Jubilant Ingrevia Ltd. announced the launch of a new green ethanol-based food-grade acetic acid plant near its existing facility in Gajraula, Uttar Pradesh. The new plant is designed to meet stringent product certification standards, including FSSAI and ISO 22000, to cater to the growing global demand in the food preservative segment.

Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Food Grade Alcohol market has been segmented

By Type: Ethanol, Polyols

By Source: Sugarcane and Molasses, Grains, Fruits, Others

By Application: Food and Beverages, Healthcare and Pharmaceuticals, Personal Care, Others

By Functionality: Coatings, Preservatives, Coloring and Flavoring Agent, Others

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Research Process

Both primary and secondary data sources have been used in the global Food Grade Alcohol Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Food Grade Alcohol Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Food Grade Alcohol market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Food Grade Alcohol Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Food Grade Alcohol market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Food Grade Alcohol Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Food Grade Alcohol market?

➠ Who are the global key manufacturers of the Food Grade Alcohol Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Food Grade Alcohol market opportunities and threats faced by the vendors in the global Food Grade Alcohol Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Food Grade Alcohol market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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