USD 3.2 Billion Food Grade Alcohol Market Riding the 3.6% CAGR Wave from 2024 to

1. USD 3.2 Billion Food Grade Alcohol Market Riding the 3.6% CAGR Wave from 2024 to 2031 The Market for Food-Grade Alcohol achieved a substantial valuation of $3,264.02 million in 2022, anticipating a promising Compound Annual Growth Rate (CAGR) of 3.6% throughout the forecast period. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.sanglobalresearch.com/request- sample/3064

2. Heightened consumer preferences for natural and organic food and beverage items have generated a considerable upswing in the demand for food-grade alcohol. Especially when sourced from renewable and organic origins, it seamlessly aligns with the principles of clean labeling and sustainable food production. This growing inclination towards natural and organic products among consumers is a primary catalyst propelling the expansion of the food- grade alcohol market. Additionally, the market’s growth is further accelerated by the utilization of food-grade alcohol, particularly ethanol, for the extraction and enhancement of natural flavors, fragrances, and essential oils from botanical sources. The increasing desire for authentic and natural flavors in processed foods and beverages underscores the pivotal role of food-grade alcohol in various flavor extraction applications. Moreover, its involvement in baking and confectionery applications, where it regulates texture and moisture content in dough and batters, contributes to flavor enhancement and mold release in the production of chocolates, candies, and icing. Product Outlook: Ethanol Continues to Lead the Food Grade Alcohol Market Categorized into segments such as food & beverages, chemicals, pharmaceuticals, electronics, and others, the food-grade alcohol market is dominantly led by ethanol. As a primary ingredient in the production of alcoholic beverages, including beer, wine, spirits, and liqueurs, ethanol has experienced heightened demand, particularly with the growth of the alcoholic beverage industry, encompassing craft beer and spirits segments. The versatility of ethanol as a solvent for extracting natural flavors, fragrances,

3. and essential oils further solidifies its position as a crucial component in a variety of food and beverage products. Beyond its role in flavoring, ethanol acts as a natural preservative, extending the shelf life of specific food products like sauces, dressings, and marinades. Its ability to inhibit the growth of microorganisms and prevent spoilage adds substantial value to the industry. Regional Perspective: North America at the Helm In 2022, North America has emerged as the leading force in the food-grade alcohol market. The region boasts a well-established and continually growing beverage industry, encompassing alcoholic beverages, non-alcoholic beverages, and craft beverages. Food-grade alcohol, especially ethanol, plays a pivotal role in the production of alcoholic beverages, flavor extracts, and spirits, aligning with evolving consumer preferences and the expansion of craft beverage production. Moreover, North America serves as a hub for the flavor and fragrance industry, extensively relying on food-grade alcohol as a solvent and carrier for various flavorings and fragrances. The increasing demand for processed and convenient foods, coupled with the growth of the flavor and fragrance market, contributes significantly to the rising need for food-grade alcohol. The diverse food and beverage industry in North America, coupled with its emphasis on quality, innovation, and safety, positions it as a key driving force in the growth of the food-grade alcohol market. The region’s evolving consumer trends, coupled with the ongoing impact of the COVID-19 pandemic on hygiene and sanitation practices, have further accelerated the demand for food-grade alcohol across various applications.

4. Key Companies Profiled: Cargill, Incorporated, Archer Daniels Midland Company (ADM), Grain Processing Corporation, GreenField Global, MGP Ingredients, S A Internationl, Spectrum Chemical Manufacturing Corp., Manildra Group, ITW Reagents, S.R.L. and GLACIAL GRAIN SPIRITS Global Food Grade Alcohol Market, Report Segmentation Food Grade Alcohol Market, By Product Chlor-alkali Surfactants Solvents Phosphates Other Food Grade Alcohol Market, Regional Outlook North America U.S. Canada Mexico Europe Germany UK Spain Russia France Italy Asia Pacific China Japan India South Korea Australia CSA

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