Grain Alcohol Market Growth by Emerging Trends, Analysis, & Forecast

The global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The global grain alcohol market is witnessing a growth trend due to factors, such as developing economies, increased production of grain alcohol, and growth in consumption of alcoholic beverages. Grain alcohol has various applications in the food, beverage, and pharmaceutical industries.

 

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Key players are investing in various R&D initiatives globally, which has led to the development of different and innovative grain alcohol products. The key players in this market include ADM (US), Cargill (US), Merck Group (Germany), Roquette Frères (France), MGP Ingredients (US), Cristalco (France), Grain Processing Corporation (US), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (US).

 

MGP Ingredients is a leading producer and supplier of premium distilled spirits and specialty wheat proteins & starches. The company operates through two segments: food ingredients and distillery products, of which distillery products is the major segment of the company. Under this segment, the company processes corn and other grains to manufacture grain alcohol and distillery co-products such as distillers feed, fuel grade alcohol, and corn oil.

 

ADM (Archer Daniels Midland Company) is one of the world’s largest processors and suppliers of starch and derivatives, which are used for applications such as food, feed, paper, pharmaceuticals, bioethanol, and other industrial applications. It has more than 800 manufacturing facilities across the globe and offers products in more than 200 countries, where cereal grains and oilseeds are processed into products that are used in the food, beverage, nutraceutical, industrial, and feed markets. ADM operates in four business units - Ag services and oilseeds, carbohydrate solutions, nutrition, and other business. Grain alcohol is offered under the carbohydrate solutions segment.

 

Alcohol can be produced by fermenting a sugar-containing mash of fruits such as grapes, berries, and apples. Grapes are the most commonly used raw materials for alcohol fermentation to produce alcoholic beverages such as wine and brandy. Apples and citrus fruits, when added with sufficient fermentable sugars, are crushed and fermented. Their use in production of premium quality alcoholic beverages such as wines, is estimated to increase their usage in the market.

 

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The rising consumption of and demand for alcohol has resulted in the use of grain alcohol for beverage applications. In North America, the US is one of the dominant grain alcohol markets. Beer, spirits, and wine are largely consumed alcoholic beverages in this country. The country has no specific law that forbids consumption of alcohol in public but enforces strict laws on age limit for its consumption and purchase. According to the Organisation for Economic Co-operation and Development (OECD), Canada has milder levels of taxation of alcohol at the federal level, but minimum prices and markups are enforced in several provinces, which contribute to raising prices. These trends account for the strong share of the region in global market.

Grain Alcohol Market Will Hit Big Revenues In Future

 The report "Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/flavoring agent, Coatings), and by Region - Global Forecast to 2026" is estimated at USD 12.2 billion in 2021; it is projected to grow at a CAGR of 4.1% to reach USD 14.9 billion by 2026. The increase in demand for grain alcohol in various industries such as food & beverages and health & personal care is driving the grain alcohol market globally. The grain alcohol market is gaining momentum due to the increase in beer production and increasing demand for craft beer. The use of ethanol in the beverage industry has resulted in the growth in the market of grain alcohol for beverage applications. Grain alcohols are used as preservatives, food color, or coatings in the end products. The market for grain alcohol is largely associated with the sale of beverage products. Increasing sales of a variety of beverage and health & personal care products in matured markets of developed economies in the last five years are responsible for the increased growth of the grain alcohol industry.

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Ethanol sub-segment in by type segment is estimated to account for the largest share in the grain alcohol market.

 

Ethanol is widely used in the food industry as a flavoring and coloring agent and in candy glazing. The antimicrobial property of ethanol helps it to be used in pharmaceuticals for medicinal applications. It is very commonly found in cough syrups. Ethanol is an excellent solvent; due to its solubility, ethanol finds its usage in manufacturing antibiotics, tablets & pills, vitamins, and in a variety of medicines.

 

In by source segment, the fruits sub-segment is projected to account for the fastest market growth in the grain alcohol market.

 

Alcohol can be produced by fermenting a sugar-containing mash of fruits such as grapes, berries, and apples. Grapes are the most commonly used raw materials for alcohol fermentation to produce alcoholic beverages such as wine and brandy. Apples and citrus fruits, when added with sufficient fermentable sugars, are crushed and fermented. Their use in production of premium quality alcoholic beverages such as wines, is estimated to increase their usage in the market.

 

Beverage sub-segment by application is projected to account for the largest market share of the grain alcohol market over the forecast period.

 

Alcoholic beverages are estimated to account for the largest market share in the global grain alcohol market, as globall populations in developed and developing economies show a rising trend for consumption of alcoholic beverages. The manufacturers are also investing into development of newer customized lproduc ts for attracting consumer interest and sales for their products. These are estimated to account for the strong growth of the segment.

 

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North America is estimated to dominate the global grain alcohol market over the forecast period.

 

The rising consumption of and demand for alcohol has resulted in the use of grain alcohol for beverage applications. In North America, the US is one of the dominant grain alcohol markets. Beer, spirits, and wine are largely consumed alcoholic beverages in this country. The country has no specific law that forbids consumption of alcohol in public but enforces strict laws on age limit for its consumption and purchase. According to the Organisation for Economic Co-operation and Development (OECD), Canada has milder levels of taxation of alcohol at the federal level, but minimum prices and markups are enforced in several provinces, which contribute to raising prices. These trends account for the strong share of the region in global market.

 

The key players in this market include ADM (US, Cargill (US), Wilmar Group (Singapore), Merck Group (Germany), and Roquette Frères (France). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Grain Alcohol Market Will Hit Big Revenues In Future

The report "Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/flavoring agent, Coatings), and by Region - Global Forecast to 2026", published by MarketsandMarkets™. According to MarketsandMarkets, the global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The increase in demand for grain alcohol in various industries such as food & beverages and health & personal care is driving the grain alcohol market globally. The grain alcohol market is gaining momentum due to increase in the production of beer and increasing demand for craft beer. The use of ethanol in the beverage industry has resulted in the growth in the market of grain alcohol for beverage applications. Grain alcohol is also used as preservatives, food color, or coatings in the end products.

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The beverages segment, by application, is projected to witness significant growth during the forecast period.

The beverages segment includes beer, wine, spirits, and other beverages such as ready-to-drink (RTDs), premixes, cider, and perry. Beer is the world's most widely consumed alcoholic beverage, and the third-most popular drink overall, after water and tea. Global beer consumption is mainly driven by growing disposable income, improvements in the quality of beer, marketing & advertising activities, and a steadily growing beer-consuming population base. Wine is an alcoholic beverage made by fermenting grapes or other fruits. Spirits are alcoholic beverages produced by distillation of ethanol obtained by the fermentation of grains, fruits, or vegetables. The ethanol concentration in spirits is increased above that of the original fermented mixture by a method called distillation. With the rapidly rising demand for alcoholic beverages and the increased production of the same, the beverages segment is likely to grow at the highest rate during the forecasted period.

The polyols segment, by type, is projected to witness higher growth during the forecast period.

The various polyols considered for the study include sorbitol, maltitol, xylitol, mannitol, and erythritol, among others. Sorbitol is a low-calorie sugar known as a polyol or sugar alcohol. Naturally, it is found in foods including apricots and prunes. Its uses include retention of moisture in products, bulk sweetener, and an ingredient in sugar-free sweets, chewing gums, and pharmaceuticals. Maltitol is a type of sugar alcohol, which is used as a replacing agent to table sugar as it does not cause tooth decay, has fewer calories, and has a lesser effect on blood glucose. The manifold applications of polyols in the food & beverage industry is projected to drive the growth of this segment.

The Asia Pacific region is projected to witness the highest growth during the forecast period.

The Asia Pacific region is characterized by dense population and urbanization, which has resulted in a rise in the consumption of food & beverage products. This has in turn, given an opportunity to the grain alcohol market to secure its position in the food & beverage industry by introducing new innovative alcohol products to cater to the changing demands of the manufacturers and end consumers.

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Key Players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, ADM (US), Cargill (US), Merck Group (Germany), Roquette Frères (France), MGP Ingredients (US), Cristalco (France), Grain Processing Corporation (US), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (US).

Grain Alcohol Market to Record Steady Growth by 2026

The report "Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/flavoring agent, Coatings), and by Region - Global Forecast to 2026" is estimated at USD 12.2 billion in 2021; it is projected to grow at a CAGR of 4.1% to reach USD 14.9 billion by 2026.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8581594

The increase in demand for grain alcohol in various industries such as food & beverages and health & personal care is driving the grain alcohol market globally. The grain alcohol market is gaining momentum due to the increase in beer production and increasing demand for craft beer. The use of ethanol in the beverage industry has resulted in the growth in the market of grain alcohol for beverage applications. Grain alcohols are used as preservatives, food color, or coatings in the end products. The market for grain alcohol is largely associated with the sale of beverage products. Increasing sales of a variety of beverage and health & personal care products in matured markets of developed economies in the last five years are responsible for the increased growth of the grain alcohol industry.

Ethanol sub-segment in by type segment is estimated to account for the largest share in the grain alcohol market.

Ethanol is widely used in the food industry as a flavoring and coloring agent and in candy glazing. The antimicrobial property of ethanol helps it to be used in pharmaceuticals for medicinal applications. It is very commonly found in cough syrups. Ethanol is an excellent solvent; due to its solubility, ethanol finds its usage in manufacturing antibiotics, tablets & pills, vitamins, and in a variety of medicines.

In by source segment, the fruits sub-segment is projected to account for the fastest market growth in the grain alcohol market.

Alcohol can be produced by fermenting a sugar-containing mash of fruits such as grapes, berries, and apples. Grapes are the most commonly used raw materials for alcohol fermentation to produce alcoholic beverages such as wine and brandy. Apples and citrus fruits, when added with sufficient fermentable sugars, are crushed and fermented. Their use in production of premium quality alcoholic beverages such as wines, is estimated to increase their usage in the market.

Beverage sub-segment by application is projected to account for the largest market share of the grain alcohol market over the forecast period.

Alcoholic beverages are estimated to account for the largest market share in the global grain alcohol market, as globall populations in developed and developing economies show a rising trend for consumption of alcoholic beverages. The manufacturers are also investing into development of newer customized lproduc ts for attracting consumer interest and sales for their products. These are estimated to account for the strong growth of the segment.

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North America is estimated to dominate the global grain alcohol market over the forecast period.

The rising consumption of and demand for alcohol has resulted in the use of grain alcohol for beverage applications. In North America, the US is one of the dominant grain alcohol markets. Beer, spirits, and wine are largely consumed alcoholic beverages in this country. The country has no specific law that forbids the consumption of alcohol in public but enforces strict laws on age limit for its consumption and purchase. According to the Organisation for Economic Co-operation and Development (OECD), Canada has milder levels of taxation of alcohol at the federal level, but minimum prices and markups are enforced in several provinces, which contribute to raising prices. These trends account for the strong share of the region in global market.

Key Market Players:

The key players in this market include ADM (US, Cargill (US), Wilmar Group (Singapore), Merck Group (Germany), and Roquette Frères (France). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Sustainable Growth Opportunities in the Grain Alcohol Market

The report "Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/flavoring agent, Coatings), and by Region - Global Forecast to 2026", According to MarketsandMarkets, the global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The increase in demand for grain alcohol in various industries such as food & beverages and health & personal care is driving the grain alcohol market globally. The grain alcohol market is gaining momentum due to increase in the production of beer and increasing demand of craft beer. The use of ethanol in the beverage industry has resulted in the growth in the market of grain alcohol for beverage applications. Grain alcohol is also used as preservatives, food color, or coatings in the end products.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8581594

The beverages segment, by application, is projected to witness significant growth during the forecast period.

The beverages segment includes beer, wine, spirits, and other beverages such as ready-to-drink (RTDs), premixes, cider, and perry. Beer is the worlds most widely consumed alcoholic beverage, and the third-most popular drink overall, after water and tea. Global beer consumption is mainly driven by growing disposable income, improvements in the quality of beer, marketing & advertising activities, and a steadily growing beer-consuming population base. Wine is an alcoholic beverage made by fermenting grapes or other fruits. Spirits are alcoholic beverages produced by distillation of ethanol obtained by the fermentation of grains, fruits, or vegetables. The ethanol concentration in spirits is increased above that of the original fermented mixture by a method called distillation. With the rapidly rising demand for alcoholic beverages and the increased production of the same, the beverages segment is likely to grow at the highest rate during the forecasted period.

The polyols segment, by type, is projected to witness higher growth during the forecast period.

The various polyols considered for the study include sorbitol, maltitol, xylitol, mannitol, and eythritol, among others. Sorbitol is a low-calorie sugar known as a polyol or sugar alcohol. Naturally, it is found in foods including apricots and prunes. Its uses include retention of moisture in products, bulk sweetener, and an ingredient in sugar-free sweets, chewing gums, and pharmaceuticals. Maltitol is a type of sugar alcohol, which is used as a replacing agent to table sugar as it does not cause tooth decay, has fewer calories, and has lesser effect on blood glucose. The manifold applications of polyols in the food & beverage industry is projected to drive the growth of this segment.

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The Asia Pacific region is projected to witness the highest growth during the forecast period.

The Asia Pacific region is characterized by dense population and urbanization, which has resulted in a rise in consumption of food & beverage products. This has in turn, given an opportunity to the grain alcohol market to secure its position in the food & beverage industry by introducing new innovative alcohol products to cater to the changing demands of the manufacturers and end consumers.

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, ADM (US), Cargill (US), Merck Group (Germany), Roquette Frères (France), MGP Ingredients (US), Cristalco (France), Grain Processing Corporation (US), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (US).

Grain Alcohol Market to Record Steady Growth by 2026

The report "Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/flavoring agent, Coatings), and by Region - Global Forecast to 2026", published by MarketsandMarkets™. According to MarketsandMarkets, the global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The increase in demand for grain alcohol in various industries such as food & beverages and health & personal care is driving the grain alcohol market globally. The grain alcohol market is gaining momentum due to increase in the production of beer and increasing demand for craft beer. The use of ethanol in the beverage industry has resulted in the growth in the market of grain alcohol for beverage applications. Grain alcohol is also used as preservatives, food color, or coatings in the end products.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8581594

The beverages segment, by application, is projected to witness significant growth during the forecast period.

The beverages segment includes beer, wine, spirits, and other beverages such as ready-to-drink (RTDs), premixes, cider, and perry. Beer is the world's most widely consumed alcoholic beverage, and the third-most popular drink overall, after water and tea. Global beer consumption is mainly driven by growing disposable income, improvements in the quality of beer, marketing & advertising activities, and a steadily growing beer-consuming population base. Wine is an alcoholic beverage made by fermenting grapes or other fruits. Spirits are alcoholic beverages produced by distillation of ethanol obtained by the fermentation of grains, fruits, or vegetables. The ethanol concentration in spirits is increased above that of the original fermented mixture by a method called distillation. With the rapidly rising demand for alcoholic beverages and the increased production of the same, the beverages segment is likely to grow at the highest rate during the forecasted period.

The polyols segment, by type, is projected to witness higher growth during the forecast period.

The various polyols considered for the study include sorbitol, maltitol, xylitol, mannitol, and erythritol, among others. Sorbitol is a low-calorie sugar known as a polyol or sugar alcohol. Naturally, it is found in foods including apricots and prunes. Its uses include retention of moisture in products, bulk sweetener, and an ingredient in sugar-free sweets, chewing gums, and pharmaceuticals. Maltitol is a type of sugar alcohol, which is used as a replacing agent to table sugar as it does not cause tooth decay, has fewer calories, and has a lesser effect on blood glucose. The manifold applications of polyols in the food & beverage industry is projected to drive the growth of this segment.

The Asia Pacific region is projected to witness the highest growth during the forecast period.

The Asia Pacific region is characterized by dense population and urbanization, which has resulted in a rise in consumption of food & beverage products. This has in turn, given an opportunity to the grain alcohol market to secure its position in the food & beverage industry by introducing new innovative alcohol products to cater to the changing demands of the manufacturers and end consumers.

Request for Customization:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=8581594

Key Players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, ADM (US), Cargill (US), Merck Group (Germany), Roquette Frères (France), MGP Ingredients (US), Cristalco (France), Grain Processing Corporation (US), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (US).