Food-grade Alcohol Market report offers detailed analysis and a five-year forecast for the global Food-grade Alcohol industry. Food-grade Alcohol market report delivers the insights which will shape your strategic planning as you estimate geographic, product or service expansion within the Food-grade Alcohol industry.. The Food-grade Alcohol market accounted for $XX million in 2018, and is expected to reach $XX million by 2024, registering a CAGR of YY% from 2019 to 2024.
Food-grade Alcohol market size will grow from USD 10.47 Billion in 2017 to USD 13.49 Billion by 2023, at an estimated CAGR of 4.3%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The market is largely driven by the demand from the Asia-Pacific region. Increase in demand for food-grade alcohols from various industries such as food & beverages and health care & pharmaceuticals is driving the food-grade alcohol market globally. Increase in global trade of alcohol and increased demand for ethanol to increase the production of alcoholic beverages is also fueling growth of the food-grade alcohol market, especially for ethanol.
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List of key players profiled in the Food-grade Alcohol market research report:
Archer Daniels Midland Company , Cargill , Sigma-Aldrich , Roquette Frères , MGP Ingredients , Cristalco S.A.S , Grain Processing Corporation , Wilmar International Limited , Fonterra Co-Operative Group , Manildra Group, , , , , , , , , ,
Ethanol , Polyols, , ,
Sugarcane & Molasses , Grains , Fruits , Other Sources,
Food , Health Care & Pharmaceutical , Beverages , ,
Preservative , Coloring/Flavoring Agent , Coatings , Others,
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The global Food-grade Alcohol market is segmented based on product, end user, and region.
Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan, and, rest of Asia-Pacific) and EMEA (Brazil, South Africa, Saudi Arabia, UAE, rest of EMEA).
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Moreover, other factors that contribute toward the growth of the Food-grade Alcohol market include favorable government initiatives related to the use of Food-grade Alcohol. On the contrary, high growth potential in emerging economies is expected to create lucrative opportunities for the market during the forecast period.
Key Benefits for Stakeholders from Food-grade Alcohol Market Report:
This report entails a detailed quantitative analysis along with the current global Food-grade Alcohol market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment.
The Food-grade Alcohol market size and estimations are based on a comprehensive analysis of key developments in the industry.
A qualitative analysis based on innovative products facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Food-grade Alcohol industry.
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