Press release
Food Grade Alcohol Market Growth Accelerates with Rising Use in Craft Spirits Vinegar Solutions and Aromatic Extracts Worldwide
Food Grade Alcohol Market
According to the latest research by InsightAce Analytic, the global food grade alcohol market is valued at 6.08 Billion in 2024, and it is expected to reach 10.99 Billion by the year 2034with a CAGR of 6.2% during a forecast period of 2025-2034.
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Ethanol, widely recognized as alcohol, is utilized across multiple industries, including industrial solvents, pharmaceuticals, and food production. Among these, the food and beverage industry represents the largest consumer segment, primarily in the form of food-grade alcohol. This high-purity ethanol is extensively used in the formulation of flavorings, extracts, colorants, and other consumable products. The rising trend of urbanization and increased consumer spending on processed and ready-to-eat foods have significantly contributed to the growing demand for food-grade alcohol as a functional ingredient in food manufacturing.
The food-grade alcohol market is projected to experience steady growth over the forecast period, driven by factors such as the rising popularity of craft beer, growth in global beer production, and the expansion of international trade involving high-purity ethanol. Additionally, emerging markets and the increasing utilization of ethanol co-products in the animal feed sector present further growth opportunities. However, several challenges may constrain market development, including heightened awareness of the health risks linked to alcohol consumption, volatile raw material prices, and stringent regulatory requirements concerning the use of ethanol in food, beverages, healthcare, and personal care applications.
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Europe is anticipated to play a significant role in the growth of the food-grade alcohol market over the forecast period. This growth is primarily attributed to the increasing use of food-grade alcohol within the region's food and beverage industry, aimed at meeting the demands of a large and diverse consumer base. In addition, leading companies in the sector are actively investing in product innovation and implementing strategic initiatives, which are expected to further support the market's development in the region.
Likewise, the North American food-grade alcohol market is projected to witness considerable expansion. This growth is driven by rising demand from both consumers and manufacturers, who increasingly value the versatility of food-grade alcohol in enhancing flavor profiles across a broad range of culinary applications. Furthermore, the region's robust network of over 2,500 breweries and distilleries, where food-grade alcohol is widely utilized in various end-use segments, is expected to contribute significantly to market advancement in the coming years.
Major market players operating in the food grade alcohol market include GLACIAL GRAIN SPIRITS, CHIPPEWA VALLEY ETHANOL COMPANY, Essential, MGP Ingredients, Cargill, Inc., Fairly Traded Organics, Ethimex Ltd., Organic Alcohol Company, Altia Industrial, Highwater Ethanol, LLC, Roquette Frères, Grain Processing Corporation, Fonterra Co-Operative Group, Manildra Group and Other Prominent Player.
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Market Segments
Global Food Grade Alcohol Market, by Nature, 2022-2030 (Value US$ Mn)
• Organic
• Conventional
Global Food Grade Alcohol Market, by Application, 2022-2030 (Value US$ Mn)
• Spirits
• Vinegar
• Extracts
• Cosmetics & Fragrances
Global Food Grade Alcohol Market, by Functions, 2022-2030 (Value US$ Mn)
• Aromas
• Preservatives
• Solvents
• Disinfectants
• Others
Global Food Grade Alcohol Market, by Sources, 2022-2030 (Value US$ Mn)
• Sugarcane
• Wheat
• Rye
• Barley
• Corn
• Others
Global Food Grade Alcohol Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Food Grade Alcohol Market, by Country, 2022-2030 (Value US$ Mn)
• The U.S.
• Canada
Europe Food Grade Alcohol Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Food Grade Alcohol Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Food Grade Alcohol Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Food Grade Alcohol Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global food grade alcohol market
 To receive an industry overview and future trends of the food grade alcohol market
 To analyze the food alcohol market drivers and challenges
 To get information on the food grade alcohol market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the food grade alcohol market industry
Read Overview Report- https://www.insightaceanalytic.com/report/global-food-grade-alcohol-market/1274
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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