Food-Grade Alcohol Market
Food-Grade Alcohol Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Food-Grade Alcohol Market Size and Growth
The food-grade alcohol market is experiencing robust growth, driven by increasing demand in food and beverage applications. Market size is projected to reach approximately $40 billion by 2025, reflecting a CAGR of 3.5%. Factors include rising consumer interest in natural ingredients and the expanding craft beverage sector, influencing market dynamics.
Companies Covered
(Covid 19 Impact Covered)
◍ Archer Daniels Midland Company
◍ Cargill
◍ MGP Ingredients
◍ Huating Biotechnology
◍ Roquette Freres S.A.
◍ Fonterra Co-operative Group
◍ Cristalco SAS
◍ Grain Processing Corporation
◍ Manildra Group
The Food-Grade Alcohol Market features key players like Archer Daniels Midland, Cargill, and MGP Ingredients, who supply alcohol for food and beverage applications. These companies enhance product offerings and innovation, driving market growth. Notable sales:
- Archer Daniels Midland: $20 billion
- Cargill: $134 billion
- MGP Ingredients: $165 million.
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Market Segmentation
By Application
Food & Beverages
Healthcare & Pharmaceuticals
Chemical Industry
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By Product
Market Growth
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$ X Billion USD
