The global food-grade alcohol market is valued at US$ 13.8 billion in 2023 and is expected to reach US$ 20.8 billion by the end of 2033, expanding at a CAGR of 4.1% during the forecast period (2023 to 2033).
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Food-grade Alcohol market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Food-grade Alcohol market.
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Key findings of the Food-grade Alcohol market study:
- Regional breakdown of the Food-grade Alcohol market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Food-grade Alcohol vendors in detail.
- Region-wise and country-wise fragmentation of the Food-grade Alcohol market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Food-grade Alcohol market.
Key Companies Profiled
- Archer Daniels Midland Company
- Cargill, Inc.
- Fonterra Co-operative Group Ltd.
- Grain Processing Corporation
- Manildra Group
- Wilmar International Ltd.
- MilliporeSigma
- MGP Ingredients, Inc.
Competitive Landscape
Major providers of food-grade alcohol, across the globe, are spending a handsome amount on developing and strengthening their supply chain management system. They are strategizing on enhancing the quality of products and enabling faster delivery to consumers. While ensuring product quality, they adhere to set guidelines for quality control and environmental impact.
Segmentation of Food-grade Alcohol Industry Research
- By Product :
- Ethanol
- Sorbitol
- Xylitol
- Others
- By Source :
- Sugarcanes & Molasses
- Fruits
- Grains
- Others
- By Application :
- Food & Beverages
- Personal Care
- Pharmaceuticals
- Nutraceuticals
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Queries addressed in the Food-grade Alcohol market report:
- Why are the Food-grade Alcohol market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Food-grade Alcohol market?
- Which regions are displaying the fastest growth in the Food-grade Alcohol market?
- What are the underlying micro- macroeconomic factors affecting the global Food-grade Alcohol market?
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