The latest report pertaining to ‘Food Grade Alcohol Market’ provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.
Global Food Grade Alcohol market is valued at USD 2287.2 Million in 2018 and expected to reach USD 2993.6 Million by 2025 with the CAGR of 3.92% over the forecast period. Increasing demand for food grade alcohol in various food & beverage and health & personal care industries is one of the major factors driving the growth of Global Food Grade Alcohol Market.
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Key Players for Global Food Grade Alcohol Market Report–
Global Food Grade Alcohol market Report covers prominent players are like Cristalco, Grain Processing, Malindra, Wilmar International, Roquette Freres S.A., Active Char Products Pvt Ltd, MGP Ingredients, Cargill Incorporated, Archer Daniels Midland Company, Jiangsu Huating Biotechnology and others.
Food grade alcohol means ethyl alcohol that is safe for human consumption because of its purity. Food grade alcohol is useful for so many applications. Most notable applications include hemp and cannabis extraction, botanical tinctures and topical, flavor extracts (vanilla, citrus, root, botanical), mushroom tinctures, chaga dicoctions and others. Alcohol for industrial use was first major product. In addition to providing a stable basis of supply, MGP's food-grade industrial alcohol capabilities offer customers definite advantages.
Based on application, food grade alcohol is used as a coloring and flavoring agent in the food and pharmaceutical industries. The proven benefits of polyols have resulted in the increase in the usage of food grade alcohol as an ingredient in the healthcare and pharmaceutical industries. Additionally, increasing application in sterilizing and cleaning of equipment in pharmaceutical industry and in products such as hand wash and sanitizers is anticipated to propel the growth of this market.
Global Food Grade Alcohol Market report is segmented on the basis of product type, application, material and regional & country level. Based upon product type, food grade alcohol market is classified into ethanol and polyols. Based upon application, food grade alcohol market is classified into food, beverages, healthcare and pharmaceuticals. Based upon material, the market is classified into sugarcane & molasses, grains, fruits and others.
The regions covered in this Global food grade alcohol market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Food Grade Alcohol is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Food Grade Alcohol Market Segmentation:–
- Sugarcane & Molasses
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Table of Content
1 Study Coverage
1.1 Food Grade Alcohol Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Food Grade Alcohol Market Size
2.1.1 Global Food Grade Alcohol Revenue 2014-2025
2.1.2 Global Food Grade Alcohol Production 2014-2025
2.2 Food Grade Alcohol Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Food Grade Alcohol Manufacturers
126.96.36.199 Food Grade Alcohol Manufacturing Base Distribution, Headquarters
188.8.131.52 Manufacturers Food Grade Alcohol Product Offered
184.108.40.206 Date of Manufacturers Enter into Food Grade Alcohol Market
2.4 Key Trends for Food Grade Alcohol Markets & Products
3 Market Size by Manufacturers
3.1 Food Grade Alcohol Production by Manufacturers
3.1.1 Food Grade Alcohol Production by Manufacturers
3.1.2 Food Grade Alcohol Production Market Share by Manufacturers
3.2 Food Grade Alcohol Revenue by Manufacturers
3.2.1 Food Grade Alcohol Revenue by Manufacturers (2014-2019)
3.2.2 Food Grade Alcohol Revenue Share by Manufacturers (2014-2019)
3.3 Food Grade Alcohol Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
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