Market Analysis: Global Food Grade Alcohol Market report contains market data that can be relatively essential when it comes to dominate in the Food & Beverage industry or make a mark in the market as a new emergent. This wide-ranging market research report acts as a backbone for the success of business in any sector. Further, it presents the company profile, product specifications, production value, contact information of manufacturer, and market shares for company. For reaching towards the success at local, regional as well as international level, this high quality global food grade alcohol market research report is a definitive solution.
Global food grade alcohol market is expected to rise from its initial estimated value of USD 11.02 billion in 2018 to an estimated value of USD 15.64 billion by 2026, registering a CAGR of 4.47% in the forecast period of 2019-2026.
Global Food Grade Alcohol Market is segmented By Type (Ethanol, Polyols), Source ,Application ,Functionality ,Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Key Market Competitors: Archer Daniels Midland Company; Roquette Frères; MGP; Fonterra Co-operative Group; GREENFIELD GLOBAL INC.; Jiangsu Hua Ting Biological Technology Co., Ltd.; Cristalco; Lab Alley; The Andersons, Inc.; Wilmar International Ltd; Grain Processing Corporation; Cargill, Incorporated; Manildra Group; Merck KGaA; Puhoi Organic Distillery; Extractohol; Spectrum Chemical Manufacturing Corp. and The Northern Maine Distilling Company.
Market Definition: Food-grade alcohol, also known as ethyl alcohol can be defined as a special kind of alcohol that is used as a source material or raw material in various applications such as food, beverages, pharmaceutical, personal care for the manufacturing of industry-associated products. This alcohol is generally sourced from natural food ingredients and provides different levels of functioning according to its variety of applications.
Competitive Analysis: Global food grade alcohol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food grade alcohol market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Several important Key questions answer covered in this Food Grade Alcohol Market research report:
What is status of Food Grade Alcohol Market? -This Overview Includes Analysis of Scope, Prospect, Growth trend, Sales by regions, manufacturers, types and applications.
What trends, challenges and barriers are influencing its growth?
What is Food Grade Alcohol Market forecasts (2019-2026)? – Considering Sales, Revenue, Growth rate, Price and Trends for Regions, Types and Applications?
Who Are Food Grade Alcohol Market Key Manufacturers?
What will be the market size and the growth rate in 2026? -What are the key factors driving the Food Grade Alcohol Market?
What are the key outcomes of the distinct analysis of the world I Food Grade Alcohol Market -Analysis done by considering prime elements?
Key Developments in the Market:
- In January 2019, The Andersons, Inc. announced that they had completed the acquisition of Lansing Trade Group, LLC for approximately USD 324 million. They have acquired the remaining equity shares as they had already owned a 32.5% share in Lansing. This acquisition will help them in expanding their share in the agricultural business and increase their profitability ratio across an enhanced application area.
- In December 2018, Lab Alley announced the launch of food grade pure absolute ethanol products line for the growing demand of the products in the market. The new series added to their existing ethanol solvent category will help in the creation of new growth opportunities and expand their customer base as these products are readily available in different proofs and packaging sizes.
- Increased consumption of alcohol products and a significant rise in alcohol trading globally are factors driving the growth of the market
- Rise in the levels of alcohol consuming population along with a rise in the levels of disposable income of individuals; this factor is expected to positively affect the growth of the market
- Presence of strict regulations and compliances regarding the presence of alcohol and its quality in food products & food ingredients is expected to restrain the growth of the market
- Increasing concerns and awareness regarding the usage and effects of prolonged usage/consumption of alcohol; this factor is expected to restrain the growth of the market
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
Table of Contents
Market Size-by Manufacturers
Market Size-by Type
Market Size-by Application
Upstream, Industry Chain and Downstream Customers Analysis
Opportunities & Challenges, Threat and Affecting Factors
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