Share
Alcohol Ingredients Market: by product (Enzymes, Yeast, Colorants, and Flavors & Salts); by application (Beer, Spirits, and Wine) and Region - Global Analysis of Market Size, Share & Trends for 2019-2021 and Forecasts to 2030
Alcohol Ingredients Market to surpass USD 7.25 Billion by 2030 from USD 1.73 Billion in 2020 at a CAGR of 8.67 % in the coming years, i.e., 2021-30.
Ethanol, or ethyl alcohol, is another name for alcohol. All alcoholic beverages, such as wine, beer, and spirits such as whiskey, vodka, and others, contain alcohol. In the pharmaceutical sector, alcohol is also employed as a medication. When yeast ferments the carbohydrates in various foods, alcohol is produced. Grain, fruits, sugar, vegetables, yeast, bacteria, and other materials are needed to manufacture alcohol. Alcohol is made through a fermentation process in which bacteria or yeast reacts with the carbohydrates in food to produce ethanol and carbon dioxide as by-products. Alcohol ingredients are required for the fermentation to be completed. If any of the alcohol ingredients are missing, fermentation will be impossible.
The demand for alcoholic components is being driven by the rising consumption of alcoholic beverages among individuals around the world. Furthermore, rising global alcohol commerce is expected to have a substantial impact on the market for alcohol ingredients.
Global Alcohol Ingredients Market is segmented by application into Beer, Spirits, and Wine. The media and broadcasting industry is vast and diverse. Beer had a revenue share of more than two-fifth of the global market. Cereal grains, yeast, hops, and water are the main ingredients in beer manufacture. Beer's popularity has grown as people become more aware of its health benefits. Vitamins, natural antioxidants, proteins, low calories, and carbs are all present. These nutritional characteristics aid in the prevention of CVDs, kidney stones, high cholesterol levels, and muscle regeneration.
Global Alcohol Ingredients market is divided by product into Enzymes, Yeast, Colorants, and Flavors & Salts. The largest segment, flavors, and salts accounted for XX percent of the global market in 2021. The need for tastes and salts is being fueled by the growing popularity of flavored drinks such as flavored beer, whisky, and wine. In recent years, the increased usage of fruits as a taste has enlarged the portfolio of flavored drinks and attracted new customers. This segment is growing rapidly throughout Europe, particularly in France and the United Kingdom.
Rising consumption and worldwide demand
The demand for alcoholic components is being driven by the rising consumption of alcoholic beverages among individuals around the world. Furthermore, rising global alcohol commerce is expected to have a substantial impact on the market for alcohol ingredients.
Increase in a number of hotels, and taverns, etc.
The increasing number of hotels, taverns, and pubs has a significant impact on the market for alcohol ingredients. Individuals' food and beverage consumption patterns are shifting, which is likely to create untapped opportunities for industry participants. Socializing is becoming more popular as the world's young population grows. Due to the demand generated by youthful consumers, competitive pricing, and a variety of options, the number of pubs, bars, and brewers providing alcoholic beverages has expanded dramatically. As a result of these phenomena, the consumption of alcoholic beverages has increased, propelling the growth of the alcohol components market.
Anti-alcohol campaigns
Anti-alcohol measures are projected to continue to be major roadblocks for the sector. Government laws, such as making cheap alcohol less available, and anti-alcohol campaigns, are examples of these influences. These ads have raised consumer awareness of health issues in recent years. Furthermore, higher taxation and government regulation of the alcohol business are likely to reduce industrial output, limiting the market's development potential shortly. stifle the market's expansion for alcohol ingredients.
Brightcove (US)
Global Alcohol Ingredients Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. The Global Alcohol Ingredients market in Europe held the largest market share of XX% in the year 2020. Europe was the most prominent area, accounting for over 35% of the worldwide market share. The region's product demand is being driven by the rapid expansion of the alcohol industry. More than 50% of the world's wine is produced in Europe. With the presence of major producers of the sector, it is the world's largest exporter of alcohol. Germany, France, the United Kingdom, and Italy are Europe's most important marketplaces.
The top wine-consuming countries are France, Italy, Spain, Romania, and Portugal. Similarly, beer consumption is highest in Germany, the United Kingdom, and Ireland, whereas vodka consumption is highest in Russia, Poland, Ukraine, and Norway. Lager has the biggest market share among the numerous types of beer.
| Report Attribute | Details |
| Market size value in 2021 | USD 1.73 Billion |
| Revenue forecast in 2030 | USD 7.25 Billion |
| Growth Rate | CAGR of 8.67 % from 2021 to 2030 |
| Base year for estimation | 2020 |
| Quantitative units | Revenue in USD million and CAGR from 2021 to 2030 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | End-user, Phase, and Region |
| Regional scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) |
| Key companies profiled | Treatt Plc; Biospringer, AngelYeast Co., Ltd.; Chr. Hansen A/S; DDW; The Color House; Sensient Technologies; The Archer Daniels Midland Company; Döhler; Kerry, Inc.; and Ashland Global Specialty Chemicals, Inc., Other Prominent Players. |
The Alcohol Ingredients market size was estimated at USD 1.73 billion in 2020 and is expected to reach 7.25 billion by 2030.
Key players: Treatt Plc; Biospringer, AngelYeast Co., Ltd.; Chr. Hansen A/S; DDW; The Color House; Sensient Technologies; The Archer Daniels Midland Company; Döhler; Kerry, Inc.; and Ashland Global Specialty Chemicals, Inc., Other Prominent Players.
Beer segment and Flavors segment are anticipated to hold the largest Alcohol Ingredients market.
Drivers: Rising consumption and worldwide demand and Increase in number of hotels, and taverns, etc.
Ethanol, or ethyl alcohol, is another name for alcohol. All alcoholic beverages, such as wine, beer, and spirits such as whiskey, vodka, and others, contain alcohol. In the pharmaceutical sector, alcohol is also employed as a medication. When yeast ferments the carbohydrates in various foods, alcohol is produced. Grain, fruits, sugar, vegetables, yeast, bacteria, and other materials are needed to manufacture alcohol.
Select License Type
Select License Type
FATPOS CLIENT Appriciation DURING THE PROJECT
Working with Fatpos Global, allowed us to take advantage of their knowledge and easy approach, allowing us to collect important data utilizing a variety of techniques. The results were clearly presented and explained, and FG responded to our questions with speed and expertise.
|
Swiss-based global building materials manufacturer |
The analyses and presentations Fatpos Global have produced for us have been of a very high caliber and have allowed us to proactively improve our customer relationship management. They have also done so while maintaining complete anonymity. Without any doubt, we suggest Fatpos Global to you.
|
|
Tech-powered construction company |
We appreciate the team’s punctuality, flexibility in terms of report modification, post report purchase support and pleasant reaction all around. Overall, my experience with this company was nothing but positive, and I couldn't be more grateful for their excellent service. Thank you for all that you do!
|
|
American global management consulting firm |
We are able to concentrate on the topics and implications that are most important to our clients thanks to the adaptability and responsiveness of the team at Fatpos Global. We would highly recommend this company to anyone in need of their services, and I will certainly be using them again in the future.
|
|
Headquartered in Zug, Switzerland, leading supplier of medical and surgical instrument |
To better study our client demographics, develop the ideal product-price architecture, and enhance our target marketing initiatives, we hired Fatpos Global. Every component of the project was completed, and we are very happy with the useful insights and actionable results.
|
|
Kosovan company, A leading organic fertilizers producer |
Thank you for your team's generous assistance, The final report was delivered to me, and I find it to be really helpful. Also, you may be sure that I will get in touch with you if I ever require fresh materials for market research. Gratitude once more.
|
|
German specialty chemicals company based in Cologne, Germany |
