Grain Alcohol Market by Type (Ethanol and Polyols), Source (Fruits, Grains, Sugarcane, and Other Sources), Application, and Region - Global Industry Analysis, Opportunities and Forecast up to 2029

Grain Alcohol Market Size

The global Grain Alcohol market size was valued at $12.87 billion in 2023 and is projected to reach $17.26 billion by 2029, growing at a CAGR of 5.0% during the forecast period. 

Grain Alcohol Market Dynamics

• The grain alcohol market is expected to witness significant growth in the future due to the growing demand for grain alcohol in emerging regions and increasing demand from the food processing industry.

• Additionally, changing lifestyles along with the growing middle-class population and increase in disposable incomes are the prominent factors driving the growth of the grain alcohol market demand.

• However, the fluctuating prices of raw materials are restraining the market growth.

• On the contrary, rising sales of a variety of beverages and health & personal care products are creating opportunities for market growth.

Grain Alcohol Market Overview

Grain alcohol is a neutral spirit that can be made from grapes, corn, rye, beets, wheat, tubers, grains, and sugarcane. It is the purified form of ethyl alcohol, which is also called ethanol, rectified spirit, or neutral grain spirit. With over 95 percent alcohol content, the grain alcohol is extremely potent. 

By Type, the Polyols Segment is projected to be the largest Segment in the Grain Alcohol Market

The polyols segment is estimated to witness a significant growth rate in the foreseeable future due to the increasing demand for various polyols including maltitol, xylitol, sorbitol, mannitol, and erythritol, among others. Sorbitol is a low-calorie sugar which is also known as a polyol or sugar alcohol. The manifold applications of polyols in the food & beverage industry are anticipated to drive the growth of this segment. It is naturally found in foods including apricots and prunes. Its uses include the retention of moisture in products, bulk sweeteners, and an ingredient in sugar-free sweets, chewing gums, and pharmaceuticals. Maltitol is a type of sugar alcohol, that is used as a replacement agent to table sugar as it does not cause tooth decay, has fewer calories, and has a lesser effect on blood glucose. 

By Geography, Europe Region Holds the Dominant Position in the Market Revenue

Europe is projected to be the largest region in the grain alcohol market due to the presence of a large food & beverage industry which offers the European grain alcohol market a prominent consumer base with opportunistic growth prospects. As consumers’ demand for low-calorie food is high, the food industry prefers the use of sugar polyols, which are similar to sugar but with low-calorie value. The market in this region is anticipated to be driven by development in the Eastern & Southeastern European countries. Europe is one of the largest markets for sugar polyols. 

Some of the Key Players Profiled in the Report Include: 

• ADM
• Cargill
• Cristalco
• Glacial Grain Spirits
• Grain Processing Corporation
• Manildra Group
• Merck Group
• MGP Ingredients
• Roquette Frères
• Wilmar Group

What Can be Explored with this Research Report?

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Ethanol
• Polyols

Market by, Source:
• Fruits
• Grains
• Sugarcane
• Other Sources

Market by, Functionality:
• Coatings
• Coloring/Flavoring Agent
• Preservative
• Other Functionalities

Market by, Application:
• Beverages
• Food
• Pharmaceutical & Healthcare

Market by, Geography:

The Grain Alcohol Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis. 

Table Of Content

1 Market Overview                
    1.1 Introduction            
    1.2 Research Objectives           
    1.3 Market Segmentation           
    1.4 Stakeholders            
    1.5 List of Acronyms            
                  
2 Executive Summary                
                  
3 Research Methodology               
    3.1 Identification of Data           
    3.2 Evaluation of Market Dynamics          
    3.3 Collaboration of Data           
    3.4 Verification and Analysis           
    3.5 Data Sources            
    3.6 Assumptions            
                  
4 Market Dynamics                
    4.1 Market Drivers            
           4.1.1 Rising Global Beer Production    
           4.1.2 Growing Sales of Alcohol Globally   
    4.2 Market Restraints            
           4.2.1 Rising Awareness about Effects of Alcohol Consumption 
    4.3 Market Opportunities           
           4.3.1 Rising Popularity of Beer among Millennials  
    4.4 Market Challenges            
           4.4.1 Fluctuating Raw Material Prices   
    4.5 Impact of COVID-19 on Grain Alcohol Market         
                  
5 Porter's Five Force Analysis              
    5.1 Bargaining Power of Suppliers           
    5.2 Bargaining Power of Buyers           
    5.3 Threat of New Entrants           
    5.4 Threat of Substitutes           
    5.5 Competitive Rivalry in the Market          
                  
6 Global Grain Alcohol Market by, Type              
    6.1 Overview            
    6.2 Ethanol             
    6.3 Polyols             
                  
7 Global Grain Alcohol Market by, Source              
    7.1 Overview            
    7.2 Fruits             
    7.3 Grains             
    7.4 Sugarcane            
    7.5 Other Sources            
           7.5.1 Corn      
           7.5.2 Rice      
                  
8 Global Grain Alcohol Market by, Functionality             
    8.1 Overview            
    8.2 Coatings             
    8.3 Coloring/Flavoring Agent           
    8.4 Preservative            
    8.5 Other Functionalities           
                  
9 Global Grain Alcohol Market by, Application             
    9.1 Overview            
    9.2 Beverages            
    9.3 Food             
    9.4 Pharmaceutical & Healthcare           
                  
10 Global Grain Alcohol Market by, Geography             
    10.1 Overview            
    10.2 North America            
             10.2.1 US    
             10.2.2 Canada    
             10.2.3 Mexico    
    10.3 Europe             
             10.3.1 Germany    
             10.3.2 France    
             10.3.3 UK    
             10.3.4 Italy    
             10.3.5 Spain    
             10.3.6 Rest of Europe   
    10.4 Asia Pacific            
             10.4.1 China    
             10.4.2 Japan    
             10.4.3 India    
             10.4.4 South Korea   
             10.4.5 Australia    
             10.4.6 New Zealand   
             10.4.7 Rest of Asia Pacific   
    10.5 South America            
             10.5.1 Brazil    
             10.5.2 Argentina   
             10.5.3 Chile    
             10.5.4 Rest of South America  
    10.6 Middle East & Africa           
             10.6.1 UAE    
             10.6.2 Saudi Arabia   
             10.6.3 Qatar    
             10.6.4 Iran    
             10.6.5 South Africa   
             10.6.6 Rest of Middle East & Africa  
                  
11 Key Developments                
                  
12 Company Profiling                
    12.1 ADM             
             12.1.1 Business Overview   
             12.1.2 Product/Service Offering  
             12.1.3 Financial Overview   
             12.1.4 SWOT Analysis   
             12.1.5 Key Activities   
    12.2 Cargill             
    12.3 Cristalco             
    12.4 Glacial Grain Spirits            
    12.5 Grain Processing Corporation           
    12.6 Manildra Group            
    12.7 Merck Group            
    12.8 MGP Ingredients            
    12.9 Roquette Frères            
    12.10 Wilmar Group