Global Food-Grade Alcohol Market Growth 2023-2029

Global Food-Grade Alcohol Market Growth 2023-2029

Food-grade Alcohol also known as fermented distilled liquor, mainly using potato, Cereals, sugar as raw material after cooking, saccharification, fermentation and processing for food industry using aqueous alcohol, its flavor is divided into four parts: color, flavor and taste, and also refers to the content of distilled liquor in the aldehyde, acid, ester, alcohol and the four main impurities, different tastes and gas will make different flavor liquor.

LPI (LP Information)' newest research report, the “Food-Grade Alcohol Industry Forecast” looks at past sales and reviews total world Food-Grade Alcohol sales in 2022, providing a comprehensive analysis by region and market sector of projected Food-Grade Alcohol sales for 2023 through 2029. With Food-Grade Alcohol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food-Grade Alcohol industry.

This Insight Report provides a comprehensive analysis of the global Food-Grade Alcohol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food-Grade Alcohol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food-Grade Alcohol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food-Grade Alcohol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food-Grade Alcohol.

The global Food-Grade Alcohol market size is projected to grow from US$ 10550 million in 2022 to US$ 12800 million in 2029; it is expected to grow at a CAGR of 12800 from 2023 to 2029.

Archer Daniels Midland Company, Cargill, MGP Ingredients, Huating Biotechnology, Roquette Freres S.A., Fonterra Co-operative Group, Cristalco SAS, Grain Processing Corporation and Manildra Group are the key players of Food-Grade Alcohol with about 20% market shaers.

Food-grade Alcohol was mainly produced in China, which it takes 55%. Followed by North America, it takes 16% .

Currently, Food-grade Alcohol has many applications and its demand is increasing enormously with the growing industries related to its applications. And the Food & Beverages occupy the largest share, which was 51%.

This report presents a comprehensive overview, market shares, and growth opportunities of Food-Grade Alcohol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Ethanol

Polyols

Segmentation by application

Food & Beverages

Healthcare & Pharmaceuticals

Chemical Industry

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Archer Daniels Midland Company

Cargill

MGP Ingredients

Huating Biotechnology

Roquette Freres S.A.

Fonterra Co-operative Group

Cristalco SAS

Grain Processing Corporation

Manildra Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food-Grade Alcohol market?

What factors are driving Food-Grade Alcohol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food-Grade Alcohol market opportunities vary by end market size?

How does Food-Grade Alcohol break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.