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Global Food Grade Alcohol Market Analysis, Trends, Growth: By Type: Ethanol, Sorbitol, Xylitol, Others; By Source: Sugarcane, Sugar Beet and Molasses, Grains, Others; By Application: Food, Beverages, Pharmaceutical and Nutraceutical; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Food Grade Alcohol Market Size
The global food grade alcohol market value was around USD 8.61 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.4% to reach approximately USD 13.85 billion by 2032.
Food Grade Alcohol Market Report Snapshots
Food Grade Alcohol Market Size
Food Grade Alcohol Market Growth
Food Grade Alcohol Market Share
Food Grade Alcohol Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Food Grade Alcohol Market Analysis
8.1 Key Industry Highlights
8.2 Global Food Grade Alcohol Historical Market (2018-2023)
8.3 Global Food Grade Alcohol Market Forecast (2024-2032)
8.4 Global Food Grade Alcohol Market by Type
8.4.1 Ethanol
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Sorbitol
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Xylitol
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Food Grade Alcohol Market by Source
8.5.1 Sugarcane
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Sugar Beet and Molasses
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Grains
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Food Grade Alcohol Market by Application
8.6.1 Food
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Beverages
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Pharmaceutical and Nutraceutical
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Food Grade Alcohol Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Food Grade Alcohol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Food Grade Alcohol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Food Grade Alcohol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Food Grade Alcohol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Food Grade Alcohol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cargill Incorporated
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Spectrum Chemical Manufacturing Corp.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Manildra Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Wilmar International Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Grain Processing Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Archer Daniels Midland Company (ADM)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Greenfield Global Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 MGP Ingredients, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Cristalco
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Food Grade Alcohol Market: Key Industry Highlights, 2018 and 2032
2. Global Food Grade Alcohol Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Food Grade Alcohol Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Food Grade Alcohol Historical Market: Breakup by Source (USD Million), 2018-2023
5. Global Food Grade Alcohol Market Forecast: Breakup by Source (USD Million), 2024-2032
6. Global Food Grade Alcohol Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Food Grade Alcohol Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Food Grade Alcohol Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Food Grade Alcohol Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Food Grade Alcohol Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Food Grade Alcohol Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Food Grade Alcohol Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 8.61 billion.
The market for food grade alcohol is expected to grow at a CAGR of 5.4% between 2024 and 2032.
The market for food grade alcohol is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 13.85 billion by 2032.
The major drivers of the market include rising per capita income, rapid urbanisation, and the extensive use of food grade alcohol in the pharmaceutical and nutraceutical markets.
Key trends aiding the market expansion include the technological advancements leading to improved product quality and operational efficiency, strong distribution networks, and the growing adoption of sustainable practices.
North America, Europe, Asia Pacific, Latin America, and Middle East and Africa are the significant regional markets for food grade alcohol.
The leading types of food grade alcohol in the market are ethanol, sorbitol, and xylitol, among others.
The significant sources in the market are sugarcane, sugar beet and molasses, and grains, among others.
The various applications of the food grade alcohol are food, beverages, and pharmaceutical and nutraceutical.
Key players in the market are Cargill Incorporated, Spectrum Chemical Manufacturing Corp., Manildra Group, Wilmar International Limited, Grain Processing Corporation, Archer Daniels Midland Company (ADM), Greenfield Global Inc., MGP Ingredients, Inc., Cristalco and among others
The growth of the food and beverages industry supports the demand for food grade alcohol, which is used to make various food items and in several other industries, including pharmaceuticals.
Regulatory challenges, high production costs, and dependence on raw materials are the key challenges faced by the food grade alcohol industry.
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