Market Overview:
The global edible alcohol market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for alcoholic drinks, cosmetics, pharmaceuticals, and others applications. In terms of type, the ≥95% segment is expected to dominate the market during the forecast period owing to its high purity and superior quality. Regionally, North America is projected to lead the global edible alcohol market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Edible alcohol is an alcoholic beverage that can be consumed without causing intoxication. It is used as a food additive to provide flavor and to help with the preservation of food.
≥95%:
The global market for edible alcohol is expected to grow at a significant rate over the forecast period. The growth of this market can be attributed to increasing demand from various end-use industries such as food & beverages, pharmaceuticals, and cosmetics. Increasing health awareness among consumers has led them to prefer low-calorie or sugar alcohol based products over conventional counterparts which are likely to propel the growth of this industry in near future.
≥99%:
99% is a type of alcohol that has more than the required amount of ethanol (alcohol content) for food and beverage applications. It also does not contain any added sugar or calories. The product can be used as an ingredient in various beverages, such as soft drinks, beer, and wine.
The global edible alcohol market size was valued at USD 2 billion in 2015.
Application Insights:
The alcoholic drinks segment dominated the global edible alcohol market in 2017, accounting for a share of over 60.0% by revenue. The segment is expected to witness significant growth on account of increasing demand for various alcoholic beverages such as wine, beer and spirits from various countries including the U.S., China, India and Brazil among others.
Alcoholic drinks are widely consumed across all regions due to rising disposable income levels coupled with changing lifestyles of consumers who prefer convenience products over other luxury items such as food and clothing; this trend is expected to continue through the forecast period driving industry growth globally over the next eight years or so.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of alcohol and its derivatives. The region is expected to maintain its dominance over the forecast period due to increasing demand for flavored alcoholic beverages, such as cosmopolitans and margaritas. Europe is also projected to be a lucrative market during the same period owing to rising demand for cosmetic products infused with edibles alcohols.
Asia Pacific is anticipated to witness significant growth over the forecast years on account of rapid urbanization, growing population, and improving economic conditions in emerging countries like India & China & South Korea etcetera. These countries have a large number of breweries that produce alcoholic beverages using various types of ingredients including fruits, grains, seeds, roots etcetera; these factors are expected fuel regional product demand during the estimated time span.
Growth Factors:
- Increasing demand for premium and artisanal alcoholic beverages
- Rising disposable income of consumers in developing countries
- Growing popularity of cocktails and mixed drinks
- Proliferation of microbreweries and craft distilleries
- Shift towards healthier lifestyles
Scope Of The Report
Report Attributes
Report Details
Report Title
Edible Alcohol Market Research Report
By Type
≥95%, ≥99%
By Application
Alcoholic Drinks, Cosmetics, Phamaceuticals, Others
By Companies
ADM, Cargill, Greenfield, Euro-Alkohol, MGP Ingredients, Cristal Union, Wilmar BioEthanol, GPC, Manildra, Tereos, CropEnergies, ALCOGROUP, BruggemannAlcohol Heilbronn, Bangkok Alcohol Industrial, Warner Graham, SDIC JILIN, Taicang Xintal Alcohol, China New Borun, Weifang Ensign Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Edible Alcohol Market Report Segments:
The global Edible Alcohol market is segmented on the basis of:
Types
≥95%, ≥99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Alcoholic Drinks, Cosmetics, Phamaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Cargill
- Greenfield
- Euro-Alkohol
- MGP Ingredients
- Cristal Union
- Wilmar BioEthanol
- GPC
- Manildra
- Tereos
- CropEnergies
- ALCOGROUP
- BruggemannAlcohol Heilbronn
- Bangkok Alcohol Industrial
- Warner Graham
- SDIC JILIN
- Taicang Xintal Alcohol
- China New Borun
- Weifang Ensign Industry
Highlights of The Edible Alcohol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≥95%
- ≥99%
- By Application:
- Alcoholic Drinks
- Cosmetics
- Phamaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edible Alcohol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edible alcohol is any type of alcoholic beverage that can be consumed by humans. It can be made from various types of fruits, vegetables, grains and other ingredients.
Some of the key players operating in the edible alcohol market are ADM, Cargill, Greenfield, Euro-Alkohol, MGP Ingredients, Cristal Union, Wilmar BioEthanol, GPC, Manildra, Tereos, CropEnergies, ALCOGROUP, BruggemannAlcohol Heilbronn, Bangkok Alcohol Industrial, Warner Graham, SDIC JILIN, Taicang Xintal Alcohol, China New Borun, Weifang Ensign Industry.
The edible alcohol market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edible Alcohol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Edible Alcohol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Edible Alcohol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Edible Alcohol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Edible Alcohol Market Size & Forecast, 2018-2028
4.5.1 Edible Alcohol Market Size and Y-o-Y Growth
4.5.2 Edible Alcohol Market Absolute $ Opportunity
Chapter 5 Global Edible Alcohol Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Edible Alcohol Market Size Forecast by Type
5.2.1 ≥95%
5.2.2 ≥99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Edible Alcohol Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Edible Alcohol Market Size Forecast by Applications
6.2.1 Alcoholic Drinks
6.2.2 Cosmetics
6.2.3 Phamaceuticals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Edible Alcohol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Edible Alcohol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Edible Alcohol Analysis and Forecast
9.1 Introduction
9.2 North America Edible Alcohol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Edible Alcohol Market Size Forecast by Type
9.6.1 ≥95%
9.6.2 ≥99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Edible Alcohol Market Size Forecast by Applications
9.10.1 Alcoholic Drinks
9.10.2 Cosmetics
9.10.3 Phamaceuticals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Edible Alcohol Analysis and Forecast
10.1 Introduction
10.2 Europe Edible Alcohol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Edible Alcohol Market Size Forecast by Type
10.6.1 ≥95%
10.6.2 ≥99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Edible Alcohol Market Size Forecast by Applications
10.10.1 Alcoholic Drinks
10.10.2 Cosmetics
10.10.3 Phamaceuticals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Edible Alcohol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Edible Alcohol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Edible Alcohol Market Size Forecast by Type
11.6.1 ≥95%
11.6.2 ≥99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Edible Alcohol Market Size Forecast by Applications
11.10.1 Alcoholic Drinks
11.10.2 Cosmetics
11.10.3 Phamaceuticals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Edible Alcohol Analysis and Forecast
12.1 Introduction
12.2 Latin America Edible Alcohol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Edible Alcohol Market Size Forecast by Type
12.6.1 ≥95%
12.6.2 ≥99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Edible Alcohol Market Size Forecast by Applications
12.10.1 Alcoholic Drinks
12.10.2 Cosmetics
12.10.3 Phamaceuticals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Edible Alcohol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Edible Alcohol Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Edible Alcohol Market Size Forecast by Type
13.6.1 ≥95%
13.6.2 ≥99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Edible Alcohol Market Size Forecast by Applications
13.10.1 Alcoholic Drinks
13.10.2 Cosmetics
13.10.3 Phamaceuticals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Edible Alcohol Market: Competitive Dashboard
14.2 Global Edible Alcohol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADM
14.3.2 Cargill
14.3.3 Greenfield
14.3.4 Euro-Alkohol
14.3.5 MGP Ingredients
14.3.6 Cristal Union
14.3.7 Wilmar BioEthanol
14.3.8 GPC
14.3.9 Manildra
14.3.10 Tereos
14.3.11 CropEnergies
14.3.12 ALCOGROUP
14.3.13 BruggemannAlcohol Heilbronn
14.3.14 Bangkok Alcohol Industrial
14.3.15 Warner Graham
14.3.16 SDIC JILIN
14.3.17 Taicang Xintal Alcohol
14.3.18 China New Borun
14.3.19 Weifang Ensign Industry
