CHICAGO, November 4, 2021 / PRNewswire / – According to the report “Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverage, Pharmaceuticals & Healthcare), Source (Sugar Cane, Cereals, Fruit), Functionality (Preservative, Color / Flavoring Agent, Coatings ) and by region – Global forecast for 2026“, published by MarketsandMarkets â¢, the size of the global grain alcohol market is estimated at $ 12.2 billion in 2021 and should reach $ 14.9 billion by 2026, registering a CAGR of 4.1% over the forecast period. The increasing demand for grain alcohol in various industries such as food and beverage and health and personal care is driving the global grain alcohol market. The grain alcohol market is growing due to increased beer production and growing demand for craft beer. The use of ethanol in the beverage industry has led to the growth of the grain alcohol beverage market. Grain alcohol is also used as a preservative, food coloring or coating in finished products.
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Beverages segment, by application is expected to experience significant growth during the forecast period.
The beverages segment includes beer, wine, spirits, and other beverages such as ready-to-drink (RTD) beverages, premixes, cider, and perry. Beer is the most consumed alcoholic beverage in the world and the third most popular drink overall, after water and tea. Global beer consumption is primarily driven by growth in disposable income, improved beer quality, marketing and advertising activities, and a steadily growing beer drinking population. Wine is an alcoholic beverage obtained by fermenting grapes or other fruits. Spirits are alcoholic beverages produced by the distillation of ethanol obtained by fermentation of cereals, fruits or vegetables. The concentration of ethanol in spirits is increased above that of the original fermented blend by a method called distillation. With the rapid increase in demand for alcoholic beverages and increase in the production of alcoholic beverages, the beverage segment is expected to grow at the highest rate during the forecast period.
Polyols segment, by type, is expected to experience 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, especially apricots and prunes. Its uses include moisture retention in products, bulk sweetener, and an ingredient in sugar-free candies, chewing gum, and pharmaceuticals. Maltitol is a type of sugar alcohol, which is used as a table sugar replacement because it does not cause tooth decay, contains fewer calories, and has a lower effect on blood sugar. The multiple applications of polyols in the food industry are expected to drive growth in this segment.
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167 – Pages
The Asia Pacific The region is expected to experience the highest growth during the forecast period.
The Asia Pacific The region is characterized by dense population and urbanization, which has resulted in increased consumption of food and drink products. This in turn provided the opportunity for the grain alcohol market to consolidate its position in the food and beverage industry by introducing new and innovative alcohol products to meet the changing demands of manufacturers and end consumers.
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This report includes a study on marketing and development strategies, as well as product portfolios of leading companies. It consists of profiles of leading companies, SMA (United States), Cargill (United States), Merck Group (Germany), Roquette FrÃ¨res (France), MGP Ingredients (United States), Cristalco (France), Grain Processing Corporation (United States), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (United States).
Brewing Ingredients Market by source (malt extract, adjuvants / grains, hops, brewer’s yeast and beer additives), brewery size (macro brewery and craft brewery), form (dry and liquid) and region – Global forecast to 2026
Industrial alcohol market By Type (Ethyl Alcohol, Methyl Alcohol, Isopropyl Alcohol & Isobutyl Alcohol), Source (Sugar Cane & Bagasse, Maize, Grains, Molasses & Fuels), Application & Region – Global Forecast to 2025
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