Market Overview:
The global food grade ethyl alcohol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food grade ethyl alcohol from the food and beverage industry, as well as the health care and pharmaceuticals industry. In terms of type, the sugarcane & molasses segment is expected to dominate the market during the forecast period, followed by grains and fruits segments. North America is expected to be one of the leading markets for food grade ethyl alcohol in terms of revenue during 2018-2030.
Product Definition:
Food grade ethyl alcohol is an ethanol that has been purified to meet food-grade specifications. It is used as a solvent and preservative in foods, as well as in the production of alcoholic beverages.
Sugarcane & Molasses:
Molasses is a by-product obtained during the sugar refining process. It is a viscous black liquid consisting of over 60% sugar along with some minerals and impurities. Molasses can be used as an excellent sweetener in food & beverages, personal care products, pharmaceuticals and cosmetics industries owing to its high sweetness factor (Sugar equivalent).
Grains:
Grain is a unit used for measuring alcohol volume. It is derived from various raw materials such as wheat, rye, and barley. The most commonly used grains in alcohol production are wheat and barley owing to their low cost and high yield.
The global ethyl alcohol market size was valued at USD 45 billion in 2016 which shows the growth potential of this industry over the forecast period.
Application Insights:
Beverage was the dominant application segment and accounted for over 50% of global food grade ethyl alcohol market in 2017. Ethyl alcohol is used as a processing aid in beverages such as wine, beer, spirits and other non-alcoholic beverages. It is also used to extract flavors and aromas from various fruits including apples, pears, peaches etc. during the fermentation process of alcoholic drinks like wine or beer. The flavor extracted depends on type of fruit being processed; different types of flavors have different characteristics (i.e., intensity).
Food grade ethyl alcohol finds extensive usage in several applications including confectionery products such as chocolates & chocolate bars; bakery products such as cakes & pastries along with their associated packaging materials; dairy products like cheese, yogurt etc.; meat by-products like stock powder; fish by-products like stock oil etc.; along with several others that are not directly related to food production e.g.
Regional Analysis:
Asia Pacific was the largest regional segment accounting for a revenue share of over 72.0% in 2017. The region is expected to continue its dominance over the forecast period as well owing to high demand from key end-use industries including food and beverage, pharmaceuticals, and cosmetics. Increasing population coupled with rising living standards have spurred product demand in this region which is further anticipated to drive industry growth over the coming years.
China emerged as a major producer and consumer of ethyl alcohol globally due to easy raw material availability along with supportive government policies encouraging domestic production under China Ethanol Industrial Park (CEIP) program initiated by the government of China in 2007. CEIP aims at promoting industrialization through establishment of large-scale facilities that manufacture ethanol from agricultural raw materials such as grains, sugarcane juice, etc.
Growth Factors:
- Increasing demand for food grade ethyl alcohol from the beverage industry as a flavor enhancer and preservative.
- Rising demand for food grade ethyl alcohol in the pharmaceutical and personal care industries as a solvent, disinfectant, and antiseptic.
- Growing popularity of alcoholic beverages such as craft beer and distilled spirits that require food grade ethyl alcohol for production.
- Technological advancements in the production of food grade ethanol that has resulted in lower production costs and increased supply.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Ethyl Alcohol Market Research Report
By Type
Sugarcane & Molasses, Grains, Fruits, Others
By Application
Food, Beverage, Health care & Pharmaceuticals
By Companies
Archer Daniels Midland, Cargill, MGP Ingredients, Jiangsu Huating Biotechnology, RoquetteFreres, Fonterra Co-operative, Cristalco, Grain Processing, Wilmar International, Manildra, Archer Daniels Midland
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Ethyl Alcohol Market Report Segments:
The global Food Grade Ethyl Alcohol market is segmented on the basis of:
Types
Sugarcane & Molasses, Grains, Fruits, Others
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
Food, Beverage, Health care & Pharmaceuticals
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:
- Archer Daniels Midland
- Cargill
- MGP Ingredients
- Jiangsu Huating Biotechnology
- RoquetteFreres
- Fonterra Co-operative
- Cristalco
- Grain Processing
- Wilmar International
- Manildra
- Archer Daniels Midland
Highlights of The Food Grade Ethyl 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:
- Sugarcane & Molasses
- Grains
- Fruits
- Others
- By Application:
- Food
- Beverage
- Health care & Pharmaceuticals
- 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 Food Grade Ethyl 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?
Food grade ethyl alcohol is a type of ethanol that has been specifically designed for human consumption. It is made from natural sources and has a low toxicity profile, making it safe to drink.
Some of the key players operating in the food grade ethyl alcohol market are Archer Daniels Midland, Cargill, MGP Ingredients, Jiangsu Huating Biotechnology, RoquetteFreres, Fonterra Co-operative, Cristalco, Grain Processing, Wilmar International, Manildra, Archer Daniels Midland.
The food grade ethyl alcohol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Grade Ethyl 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 Food Grade Ethyl Alcohol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Grade Ethyl 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 Food Grade Ethyl 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 Food Grade Ethyl Alcohol Market Size & Forecast, 2020-2028
4.5.1 Food Grade Ethyl Alcohol Market Size and Y-o-Y Growth
4.5.2 Food Grade Ethyl Alcohol Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Sugarcane & Molasses
5.2.2 Grains
5.2.3 Fruits
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverage
6.2.3 Health care & Pharmaceuticals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Grade Ethyl 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 Food Grade Ethyl 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Sugarcane & Molasses
9.6.2 Grains
9.6.3 Fruits
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverage
9.10.3 Health care & Pharmaceuticals
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Sugarcane & Molasses
10.6.2 Grains
10.6.3 Fruits
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverage
10.10.3 Health care & Pharmaceuticals
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Sugarcane & Molasses
11.6.2 Grains
11.6.3 Fruits
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverage
11.10.3 Health care & Pharmaceuticals
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Sugarcane & Molasses
12.6.2 Grains
12.6.3 Fruits
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverage
12.10.3 Health care & Pharmaceuticals
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Sugarcane & Molasses
13.6.2 Grains
13.6.3 Fruits
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverage
13.10.3 Health care & Pharmaceuticals
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 Food Grade Ethyl Alcohol Market: Competitive Dashboard
14.2 Global Food Grade Ethyl Alcohol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Daniels Midland
14.3.2 Cargill
14.3.3 MGP Ingredients
14.3.4 Jiangsu Huating Biotechnology
14.3.5 RoquetteFreres
14.3.6 Fonterra Co-operative
14.3.7 Cristalco
14.3.8 Grain Processing
14.3.9 Wilmar International
14.3.10 Manildra
14.3.11 Archer Daniels Midland
