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Grain Alcohol Market: Global Industry Analysis and Forecast (2024-2030) by Type, Application, and Region
Grain Alcohol Market size was valued at US$ 13.61 Bn in 2023. The Global Grain Alcohol Market is estimated to grow at a CAGR of 4.4% over the forecast period.
Format : PDF | Report ID : SMR_398
Grain Alcohol Market Definition:
Grain alcohol is a neutral spirit created from fermented grains. The refined version of ethyl alcohol, commonly known as ethanol, neutral grain spirit, or rectified spirit, is known as ethanol. Corn, rye, wheat, grapes, grains, sugarcane, tubers, and beets can all be used as raw material in the grain alcohol market, which is a neutral spirit. Everclear, Alcohol-95, and Golden Grain are among the brand names available. In countries like Mexico and Canada, it's made from a fermented blend of corn, sugar, yeast, and water.
Other grains, such as wheat and rye, can be used instead of corn. It is generated by fermenting carbohydrates in the grain with yeast. The ethanol is then distilled several times to make the product. This also refers to pure, high-proof alcohol. It's a clear liquid with no added flavours or odours. Distillation allows this pure alcohol to be made from fermented grains.
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Grain Alcohol Market Dynamics:
Craft Beer's Popularity and Production are growing across the globe:
The increase in the number of breweries in recent years has been a major driver of grain alcohol market growth. Beer consumption has risen at an exponential rate in recent years. Major market participants and local producers are sourcing grain alcohol from barley to meet the needs of beer. Furthermore, the rising popularity of craft beer and locally produced beer among young people is expected to boost global demand for alcoholic beverages.
Changing lifestyles, growing urbanisation, rising alcoholic beverage consumption rates, high disposable incomes, and the popularity of beer among millennials are a few other major reasons driving the grain alcohol market. Over the next five years, the growing popularity of craft beer and local beer is projected to raise demand for domestic malt which is witnessing the growth of the market.
Alcohol consumption's negative effects are becoming more widely known:
Grain alcohol is regarded as particularly harmful due to its high alcohol level. Intoxication decreased cognitive and motor abilities and lowered inhibitions can all occur quickly if you consume more than a little amount. Various countries ministries of health, including Australia, Brazil, the United States, and India, have launched measures to combat the detrimental consequences of alcohol consumption. Since the alcohol marketplace is so valued delicate, even a small price upsurge by the government or other adaptable establishments can have a substantial influence on ingesting levels. These major factor is restraining the grain alcohol market growth.
Emerging markets include South America, Asia Pacific, the Middle East, and Africa which is creating a huge opportunity for the market:
Because of changing lifestyles and rising middle-class population and disposable budgets, grain alcohol applications have developed dramatically in the emerging markets of South America, Asia Pacific, the Middle East, and Africa. These underserved markets have a vast supply of low-cost labour, cutting-edge technology, and relatively lenient restrictions regarding the use of food-grade alcohol. In Africa, Asia, and Latin America, sugarcane, corn, grains, and other fruits and vegetables are plentiful natural sources as raw material in the grain alcohol market.
Price fluctuations in the alcohol market are a big stumbling block for the industry:
Corn prices in the United States averaged $2.23 per stack for 20 years beginning with the 1985/86 marketing year, ranging from $1.50 to $3.24, with a very minor negative trend per load. Only once during this period did annual weighted average cash corn prices in the United States exceed $2.71 per bushel. The price of food-grade alcohol is determined by fluctuations in the supply of raw materials and the quality of the product. One of the key problems for the food-grade alcohols market has been the rise in raw material prices. Ingredient prices have been fluctuating in recent years, and this tendency is projected to continue in the next years which give a huge challenge for the grain alcohol market.
Grain Alcohol Market Segment Analysis:
By Application, the market is segmented as Beverages, Foods, Pharmaceuticals & Health Care and Others. Beverages Segment dominated the grain alcohol market with a 47% share in 2023. Beer, wine, spirits, and other beverages such as ready-to-drink (RTD), premixes, cider, and perry are included in the beverages section. Beer is the most popular alcoholic beverage in the world, as well as the third most popular drink overall, behind water and tea. Rising disposable income, advances in beer quality, marketing and advertising activities, and a continually growing beer-consuming population base are all driving global beer consumption. Wine is an alcoholic beverage created from grapes or other fruits that have been fermented.
However, The Pharmaceuticals & Health Care segment is expected to grow at a CAGR of 6.3% through the forecast period. Ethanol is utilised as a preservative in many liquid formulations in the pharmaceutical sector. Ethanol is used as a solvent in medicines made from plant alkaloids. The majority of liquid formulations are prescribed for youngsters due to their ease of use which is driving the growth of the grain alcohol market.
By Type, the market is segmented as Ethanol and Polyols. The Polyols segment dominated the market with a 76% share in 2023. Sorbitol, maltitol, xylitol, mannitol, and erythritol are among the polyols investigated in this study. Sorbitol is low-calorie sugar alcohol classified as a polyol. It's naturally found in foods like apricots and prunes. It's used to keep items wet, as a bulk sweetener, and as a component in sugar-free candies, chewing gums, and medications. Maltitol is a sugar alcohol that is used to replace table sugar since it does not promote tooth decay, has fewer calories, and has a lower impact on blood glucose levels. Polyols numerous applications in the food and beverage industry are expected to boost this segment's growth in the grain alcohol market.
Grain Alcohol Market Regional Insights:
The European region dominated the market with a 42.2% share in 2023. Despite very high per capita consumption levels, the European grain alcohol market is the world's largest, and market growth has remained attractive and stable. The attendance of the big nourishment and beverage industry delivers the European grain alcohol market with a noteworthy consumer base and development prospects. The development of Eastern and Southeastern European countries like Bulgaria, Hungary, Poland and Ukraine is expected to fuel the industry in this region. One of the main markets for sugar polyols is Europe. Sugar polyols, which are analogous to sugar but have an inferior calorie value, are desired by the food sector because of the increased demand for low-calorie foods.
However, The Asia Pacific region is expected to grow at a CAGR of 8.3% through the forecast period. The tremendous economic development in this region is credited with driving the need for grain alcohol. As a result, there is a higher demand for more and better beverage applications, particularly in China, India, Malaysia, Indonesia, Singapore, and South Korea. With a population of more than 4 billion people, busy lifestyles, and rising disposable money, per capita alcohol consumption in this region is on the rise. As a result of increased urbanisation, the alcoholic beverage market in this region is undergoing a considerable transition.
The objective of the report is to present a comprehensive analysis of the Global Grain Alcohol market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Grain Alcohol market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the global market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Global Grain Alcohol market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Grain Alcohol market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the global market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Grain Alcohol market. The report also analyses if the Global Grain Alcohol market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few Players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Grain Alcohol market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Grain Alcohol market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Grain Alcohol market is aided by legal factors.
Grain Alcohol Market Scope:
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Grain Alcohol Market |
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Market Size in 2023 |
USD 13.61 Bn. |
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Market Size in 2030 |
USD 18.40 Bn. |
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CAGR (2024-2030) |
4.4% |
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Historic Data |
2018-2022 |
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Base Year |
2023 |
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Forecast Period |
2024-2030 |
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Segment Scope |
by Application
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By Type
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Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Grain Alcohol Market Key Players:
- ADM (US)
- Cargill (US)
- Merck Group (Germany)
- Roquette Frères (France)
- MGP Ingredients (US)
- Cristalco (France)
- Grain Processing Corporation (US)
- Wilmar Group (Singapore)
- Manildra Group (Australia)
- Glacial Grain Spirits (US)
- Hardenberg Wilthen AG (Germany)
- Taishan Liquor (China)
- Yingjia Group (China)
- Wuliangye (China)
- Ethanol SA (South Africa)
Frequently Asked Questions
The European region is expected to hold the highest share in the Grain Alcohol Market.
The market size of the Grain Alcohol Market is expected to be 17.63 Bn by 2030.
The forecast period for the Grain Alcohol Market is 2024-2030
The market size of the Grain Alcohol Market in 2023 was US$ 13.61 Bn.
Chapter 1 Scope of the Report
Chapter 2 Research Methodology
2.1. Research Process
2.2. Global Grain Alcohol Market: Target Audience
2.3. Global Grain Alcohol Market: Primary Research (As per Client Requirement)
2.4. Global Grain Alcohol Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape
4.1. Market Share Analysis, By Value, 2023-2030
4.1.1. Market Share Analysis, By Region, By Value, 2023-2030 (In %)
4.1.1.1. North America Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.2. Europe Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.3. Asia Pacific Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.4. South America Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.5. Middle East and Africa Market Share Analysis, By Value, 2023-2030 (In %)
4.1.2. Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.1. North America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.1.1. USA Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.1.2. Canada Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.1.3. Mexico Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2. Europe Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.1. UK Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.2. France Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.3. Germany Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.4. Italy Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.5. Spain Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.6. Sweden Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.7. Austria Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.2.8. Rest of Europe Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3. Asia Pacific Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.1. China Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.2. India Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.3. Japan Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.4. South Korea Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.5. Australia Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.6. ASEAN Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.3.7. Rest of APAC Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.4. South America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.4.1. Brazil Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.4.2. Argentina Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.4.3. Rest of South America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.5. Middle East and Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.5.1. South Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.5.2. GCC Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.5.3. Egypt Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.5.4. Nigeria Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.2.5.5. Rest of Middle East and Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.3. Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4. North America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.1.1. USA Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.1.2. Canada Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.1.3. Mexico Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2. Europe Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.1. UK Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.2. France Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.3. Germany Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.4. Italy Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.5. Spain Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.6. Sweden Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.7. Austria Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.2.8. Rest of Europe Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3. Asia Pacific Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.1. China Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.2. India Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.3. Japan Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.4. South Korea Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.5. Australia Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.6. ASEAN Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.3.7. Rest of APAC Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4. South America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4.1. Brazil Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4.2. Argentina Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4.3. Rest of South America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5. Middle East and Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.1. South Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.2. GCC Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.3. Egypt Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.4. Nigeria Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.5. Rest of Middle East and Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.2. Stellar Competition matrix
4.2.1. Global Stellar Competition Matrix
4.2.2. North America Stellar Competition Matrix
4.2.3. Europe Stellar Competition Matrix
4.2.4. Asia Pacific Stellar Competition Matrix
4.2.5. South America Stellar Competition Matrix
4.2.6. Middle East and Africa Stellar Competition Matrix
4.3. Key Players Benchmarking
4.3.1. Key Players Benchmarking by Application, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
4.4. Mergers and Acquisitions in Industry
4.4.1. M&A by Region, Value and Strategic Intent
4.5. Market Dynamics
4.5.1. Market Drivers
4.5.2. Market Restraints
4.5.3. Market Opportunities
4.5.4. Market Challenges
4.5.5. PESTLE Analysis
4.5.6. PORTERS Five Force Analysis
4.5.7. Value Chain Analysis
Chapter 5 Global Grain Alcohol Market Segmentation: By Application Type
5.1. Global Grain Alcohol Market, By Application Type, Overview/Analysis, 2023-2030
5.2. Global Grain Alcohol Market, By Application Type, By Value, Market Share (%), 2023-2030 (USD Million)
5.3. Global Grain Alcohol Market, By Application Type, By Value, -
5.3.1. Beverages
5.3.2. Foods
5.3.3. Pharmaceuticals & Health Care
5.3.4. Others
Chapter 6 Global Grain Alcohol Market Segmentation: By Type
6.1. Global Grain Alcohol Market, By Type, Overview/Analysis, 2023-2030
6.2. Global Grain Alcohol Market Size, By Type, By Value, Market Share (%), 2023-2030 (USD Million)
6.3. Global Grain Alcohol Market, By Type, By Value, -
6.3.1. Ethanol
6.3.2. Polyols
Chapter 7 Global Grain Alcohol Market Segmentation: By Region
7.1. Global Grain Alcohol Market, By Region – North America
7.1.1. North America Grain Alcohol Market Size, By Application Type, By Value, 2023-2030 (USD Million)
7.1.2. North America Grain Alcohol Market Size, By Type, By Value, 2023-2030 (USD Million)
7.1.3. By Country – U.S.
7.1.3.1. U.S. Grain Alcohol Market Size, By Application Type, By Value, 2023-2030 (USD Million)
7.1.3.2. U.S. Grain Alcohol Market Size, By Type, By Value, 2023-2030 (USD Million)
7.1.3.3. Canada Grain Alcohol Market Size, By Value, 2023-2030 (USD Million)
7.1.3.4. Mexico Grain Alcohol Market Size, By Value, 2023-2030 (USD Million)
7.2. Europe Grain Alcohol Market Size, By Value, 2023-2030 (USD Million)
7.2.1. UK
7.2.2. France
7.2.3. Germany
7.2.4. Italy
7.2.5. Spain
7.2.6. Sweden
7.2.7. Austria
7.2.8. Rest of Europe
7.3. Asia Pacific Grain Alcohol Market Size, By Value, 2023-2030 (USD Million)
7.3.1. China
7.3.2. India
7.3.3. Japan
7.3.4. South Korea
7.3.5. Australia
7.3.6. ASEAN
7.3.7. Rest of APAC
7.4. Middle East and Africa Grain Alcohol Market Size, By Value, 2023-2030 (USD Million)
7.4.1. South Africa
7.4.2. GCC
7.4.3. Egypt
7.4.4. Nigeria
7.4.5. Rest of Middle East and Africa
7.5. South America Grain Alcohol Market Size, By Value, 2023-2030 (USD Million)
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South America
Chapter 8 Company Profiles
8.1. Key Players
8.1.1. ADM (US)
8.1.1.1. Company Overview
8.1.1.2. Application Portfolio
8.1.1.3. Financial Overview
8.1.1.4. Business Strategy
8.1.1.5. Key Developments
8.1.2. Cargill (US)
8.1.3. Merck Group (Germany)
8.1.4. Roquette Frères (France)
8.1.5. MGP Ingredients (US)
8.1.6. Cristalco (France)
8.1.7. Grain Processing Corporation (US)
8.1.8. Wilmar Group (Singapore)
8.1.9. Manildra Group (Australia)
8.1.10. Glacial Grain Spirits (US)
8.1.11. Hardenberg Wilthen AG (Germany)
8.1.12. Taishan Liquor (China)
8.1.13. Yingjia Group (China)
8.1.14. Wuliangye (China)
8.1.15. Ethanol SA (South Africa)
8.2. Key Findings
8.3. Recommendations
