Food-grade Alcohol also known as fermented distilled liquor, mainly using potato, Cereals, sugar as raw material after cooking, saccharification, fermentation and processing for food industry using aqueous alcohol, its flavor is divided into four parts: color, flavor and taste, and also refers to the content of distilled liquor in the aldehyde, acid, ester, alcohol and the four main impurities, different tastes and gas will make different flavor liquor.
The global sales of Food-grade Alcohol in 2016 have been over 11641.9 K MT; the gross margin was 17.52%. Food-grade Alcohol was mainly produced in China, which it takes 55.15% in 2016. Followed by North America, it takes 16.81% .
Currently, Food-grade Alcohol has many applications and its demand is increasing enormously with the growing industries related to its applications. And the Food & Beverages occupy the largest share, which was 51.74% in 2016. As the application of Food-grade Alcohol in Healthcare & Pharmaceuticals takes the lowest part, and its will be still the small in the future.
The technology of the Food-grade Alcohol is not difficult. And the majority of the manufacturers can ensure high quality, so their product can meet the high-end consumer’s demand.
Over the next five years, Planet Market Reports projects that Food-grade Alcohol will register a –% CAGR in terms of revenue, reach US $ million by 2023, from US $ million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Food-grade Alcohol market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Sugarcane & Molasses
Segmentation by application:
Health care & Pharmaceuticals
This report also splits the market by region:
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The Key Manufacturers covered in this report:
Archer Daniels Midland
Jiangsu Huating Biotechnology
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Food-grade Alcohol consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Food-grade Alcohol market by identifying its various subsegments.
Focuses on the key global Food-grade Alcohol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Food-grade Alcohol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Food-grade Alcohol submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Name: Jennifer Daniel
Organization: Planet Market Reports