Grain Alcohol Market - Trends Forecast Till 2028

Grain Alcohol Market, by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/Flavoring Agent, Coatings) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-FB-GAM-401

Format:  

Number of Pages: 364

Domain: Food & Beverages

Grain Alcohol Market – Trends Forecast Till 2028

The global Grain Alcohol market size is projected to reach USD 15 billion by 2026 at a CAGR of 4.2% from USD 12.3 billion in 2021 during the forecast period 2021-2028.

Grain alcohol is basically a purified version of ethyl alcohol and is better known as rectified spirit or neutral grain spirit. It is a colourless, clear liquid, which is tasteless and also lack fragrance. It is made by the fermentation of the grains and thus is named so.

With the recent trend of alcohol use along with the worldwide increase in production of craft beer are some of the factors that have supported long-term expansion for Grain Alcohol Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With the nationwide lockdown across the globe has resulted into disrupted supply chains and the shortage of raw material have impacted the sector.

Grain Alcohol Market Analysis

Europe is expected to be the largest market during the forecast period. The European market has been one of the largest ever since and has continued to mark its dominance due to the high consumption level of alcohol and the high demand for low calorie food and weather conditions.

Grain Alcohol Market is segmented into type, application, source, functionality and geography.

On the basis of Type

  • Ethanol
  • Polyols

On the basis of Application

  • Beverages
  • Food
  • Pharmaceutical & health care

On the basis of Source

  • Sugarcane
  • Grains
  • Fruits
  • Other sources (corn and rice)

On the basis of Functionality

  • Preservative
  • Coloring/flavoring agent
  • Coatings
  • Other functionalities (solubility, antifreeze, flammability, and volatility)

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Grain Alcohol Market Primary Respondent

 

Key Players

  • ADM
  • Cargill
  • Merck Group
  • Roquette Frères
  • MGP Ingredients
  • Cristalco
  • Grain Processing Corporation
  • Wilmar Group
  • Manildra Grou
  • Glacial Grain Spirits

Recent Developments

  • In January 2021, MGP completed the acquisition of Luxco (US) and its affiliated companies which is a leading branded beverage alcohol company. MGP Ingredients expects to increase its scale and market position in the branded-spirits sector by this acquisition.
  • In February 2021, a large, high-quality, efficient distillery was set up by grain processing corporation in Muscatine for the production of alcohol.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Grain Alcohol market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 12.3 billion

Growth Rate

CAGR of 4.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

type, application, source, functionality and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

ADM, Cargill, Merck Group, Roquette Frères, MGP Ingredients, Cristalco, Grain Processing Corporation, Wilmar Group, Manildra Group, Glacial Grain Spirits

Available Customization

In addition to the market data for Grain Alcohol Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Choose License Type
Global: 50+ Countries

Note: Report data and information will be by Country.


Regional Report

Note: Report data and information will be by Country.


Country Specific Report

Bundle Reports

50% Discount on all additional reports  

Special Pricing

Avail customised purchase options to meet your specific research requirements.

Custom Tailored Services

Delvens. offers transformed research reports where syndicated reports are not sufficient to provide solutions to your business.

Subscription Model

Get latest and trending updates throughout the year on the reports you buy.