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Alcohol Ingredient Market Growth Projections, Industry Trends and Business Forecast by 2025

Author : Rahul Sankrityayan | Published Date : 2019-10-16 

Global Market Insights, Inc. has launched a report on Alcohol Ingredient Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Global Alcohol Ingredient Market size is set to experience steady growth in the forecast timeframe owing to multiple application of alcohol as fuel additives, solvents, hard beverages, feedstock and precursor to chemicals including plasticizers and detergents. Growing demand from pharmaceutical, chemical, cosmetic and beverages industry is likely to drive the market.

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Isopropanol, methanol and ethanol can be produced by fermentation of high starch ingredients including fruits and grains. Sugarcanes, corns and beets are preferred for producing ethanol.  

Hard liquor beverages including beers and wines is produced by fermentation of fruit juice would stimulate alcohol ingredient market size. Yeast are single celled microorganisms which in absence of oxygen reacts with sugar or glucose content to produce ethanol and release carbon dioxide. Ethanol produced from fermentation reaction finds application as a bio fuel, paints, inks, cosmetics and chemical intermediates for polymers. Global ethanol market size is projected to reach USD 120 billion by 2026 which may propel the market.

Enzymes find application in process of distillation in production of distilled beverages which would influence alcohol ingredient market. These products are also used for exposing fermentable sugar before the process of fermentation. Low storage cost along with its usage in producing fuel alcohol from starch of surplus agricultural activity is projected to boost market growth.

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Hops flower is extensively used in manufacturing of beer as a flavoring, bittering and stabilizing agent. These products impart citrus, flowery and fruity aromas owing to different varieties grown for beer production. Addition of hops provides dryness and acidity and acts as natural filter at end of cooking. Antibacterial properties of hops act as a liquid preservative and helps in contributing to foam retention. Global beer market size is likely to surpass USD 720 billion by 2022. These factors would positively influence alcohol ingredient market size.

Malted grains, a key component influencing the market find application in production of beer and whiskeys. Malt is germinated cereal grain whose germination process have been controlled by soaking in water and drying with hot air respectively. These product helps to develop enzymes to modify the grain starches into sugar molecules to be used by the yeast for fermentation, thus propelling product demand. Malt is used to impart sweeter notes in normal & craft beer. Malt grains including barley, rice, oats, wheat, corn and rye are extensively used beverages to impart softer notes. Global craft beer market size is projected to surpass USD 90 billion by 2025, thereby driving alcohol ingredient market share.

Alcohol Ingredient Market, By End-Use, 2014-2025 (Tons) (USD Million)

  • Alcoholic Beverage
    • Beer
    • Whiskey
    • Wine
    • Others
  • Pharmaceuticals
  • Others

Chemicals including potassium sorbate, potassium metabisulfite, calcium carbonate and sulfur dioxide is added during production of wine could stimulate the market in the projected timeframe. Potassium sulfate and potassium metabisulfite are added to protect yeast from bacteria inhibiting enzymatic browning. Calcium carbide is added for reducing acidity of the final product along with accelerating grapes ripening process. These factors are likely to foster alcohol ingredient market size by 2025.

North America led by Mexico, Canada and the U.S. alcohol ingredient market share is projected to grow significantly in the forecasted timeframe. Growing consumption of craft breweries in the U.S. with more than 3000 breweries opened in 2018 will propel regional demand by 2025.

Global alcohol ingredient market is competitive and fragmented owing to large number of local players. Key players operating include The Archer Daniels Midland Company, Treatt Plc, DDW, Chr. Hansen A/S; Döhler, Biospringer, The Color House, Angel Yeast Co., Ltd., Kerry Inc., Ashland Global Specialty Chemicals, Inc. and Sensient Technologies. Key strategies include product innovation in the market. The Coca Cola introduced Alcopop line of alcoholic beverages in Japan.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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