Grain Alcohol Market

Grain Alcohol Market by Type (Ethanol, Polyols), by Application (Food, Beverages, Pharmaceutical & Healthcare), by Source (Sugarcane, Grains, Fruits, Others), , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

Frequently Asked Questions

  • What is the global demand for Grain Alcohol in terms of revenue?

    The global Grain Alcohol valued at 11.23 Billion in 2020 and is expected to reach 16.12 Billion in 2028 growing at a CAGR of 4.62%%

  • Which are the prominent players in the market?

    The prominent players in the market are ADM, Cargill, Merck Group, Roquette Frères, MGP Ingredients, Cristalco, Grain Processing Corporation, Wilmar Group, Manildra Group, Glacial Grain Spirits.

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 4.62%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Grain Alcohol include

    • The increasing global beer production and popularity of craft beer along with rising global trade in alcohol is anticipated to fuel the growth of the grain alcohol market during the forecast period. This is due to the rapid urbanization and increase in population density across the globe. The rise in demand for pharmaceuticals and disinfectants is also expected to support the growth of the grain alcohol market in the years to come.
    • Additionally, the rising demand from emerging markets such as Asia Pacific, South America, Middle East and Africa and contribution of co-products of ethanol production in the feed industry is also expected to support the growth of market in the near future. The rising demand from the food processing industry is also expected to propel the grain alcohol market growth.

  • Which region accounted for the largest share in the market?

    Europe was the leading regional segment of the Grain Alcohol in 2020.

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