Alcohol Ingredients Market, Size, Share, Growth, Trends, Insight and Industry Forecast, 2021-2028

SKU: DMFB3633 | Last Updated On: Aug 31 2021 | No. of Pages: 180 | Available Formats

> Global Alcohol Ingredients Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Alcohol Ingredients Market is segmented By Ingredient Type (Yeast, Enzymes, Colorants, Flavors & Salts, Others), By Beverage Type (Beer, Spirits, Wine, Whisky, Brandy, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

Market Overview

Alcohol which is also termed as ethanol or ethyl alcohol is formed by fermentation of yeast, sugar and starches. Other ingredients such as fruits, grains are also used for production of alcoholic beverages such as wine, beer and spirits. The global alcohol ingredients market has grown exponentially in the last few years and this trend is projected to continue following the same trend until 2028. The primary factor driving the global success of alcohol ingredients is the increased consumption of alcoholic beverages across the globe. The consumption of alcohol across the globe has increased a faster pace in the past couple with 235.4 billion liters of alcohol consumed in 2017 (Survey conducted by Banco do Nordeste), which in turn has paved way for the ingredient manufacturers to increase their production facility to meet the burgeoning demand coming for alcoholic beverage industries. Furthermore, growing trade of alcohol worldwide is another factor driving the market growth.

Source: DataM Intelligence Analysis (2021)

Market Dynamics

Increasing demand for craft beer

The increasing socializing trends, especially among the millennials have increased the visits to the taprooms and brewpubs. This has also led to an increase in the development of small and independent breweries. Thus, breweries are improving beer production to cater to the surging demand of consumers. According to the Brewers Association, small and independent brewers in the U.S produced 26.3 million barrels of beer in 2019, with a volume growth of 4% than the prior year. The craft production in 2019 accounted for 25.2% of the beer retail market in the U.S, which has supported the overall market growth. Moreover, increasing number of clubs, pubs, and breweries has also been boosting the market significantly. Over the past few years, the number of pubs and bars have increased on a global level. From 2014 to 2016, pubs and bars grew by 23.5%. These places have become a common platform for socializing, especially among the millennials. From 2013 to 2016, the number of Pubs, Bars, and Liquor-Serving Cafes and Lounges (PBCL) outlets increased from around 5,300 to 6,700 in India.

With brands such as Coca Cola moving into alcohol space with the launch of flavored alco-pop and premium mixers, market players are focusing on leveraging fruits and vegetable ingredients. A shift away from more conventional drinks to alcoholic soft drinks and malt beverages among consumers looking for beverages with that are lower in alcohol, sugar, and calories is promising new growth opportunities for the key players in the alcohol ingredients market.

However, owing to the stringent government regulations on the consumption as well as on the trade of alcohol and rise in the cost of raw materials are the major factors restraining the market growth. In addition, various anti-alcohol campaigns are expected to remain major restraints for the industry. Over the past few years, these campaigns have increased the health-consciousness in consumers. Moreover, increased amount of taxation and government regulation about the alcohol industry are expected to limit the manufacturing output, which, in turn, will limit the scope of market growth in near future

Market Segmentation

Flavors & Salts segment is expected to be the largest segment with a share of XX% during the forecast period

The global alcohol Ingredients market has been segmented by source into yeast, enzymes, colorants and flavors & salts among others. The flavors & salts segment held the largest share as of 2020. Growing demand for flavored drinks including flavored beer, whisky, and wine is fueling the demand for flavors & salts. Increasing use of fruits as flavor has expanded the portfolio of flavored drinks and attracted new consumers in the past few years. The European countries including France and U.K. are witnessing a significant growth in this segment. Major exporter of the flavored spirits includes Germany, Spain, U.S., Netherlands, and Jamaica. Popular flavors include vanilla, coffee, honey, chocolate, green apple, citrus, watermelon, and raspberry.

Yeast is another important ingredient, which is used for the fermentation of alcohol to convert the sugar into ethanol and carbon dioxide. Increased consumption of yeast as a raw material for the production of functional drinks including probiotics beverages on a global level is expected to affect the availability of yeast for the production of alcoholic beverages.

Geographical Penetration

Asia Pacific is expected to be the fastest growing region in the global alcohol ingredients market

By geography, Asia Pacific is expected to be the fastest growing region in the global alcohol ingredients market, growing with a CAGR of xx% during the forecast period. According to new research conducted by the Centre for Addiction and Mental Health, the total volume of alcohol consumed per year increased by as much as 70% between 1990 and 2017 in the middle-income countries especially in Asia-Pacific. The region holds immense potential for the craft beer market, with robust demand for Westernized craft beer that is blended with local taste and preferences. Shift in consumer preferences from traditional alcohol toward imported alcohol has been one of the driving factors for the growth of the alcoholic beverage market in the region. In countries like China, consumers are inclined toward wines manufactured by famous vineyard regions, such as Bordeaux, owing to renowned heritage and prestige. Whiskies, cognacs, and imported wines are becoming popular across the region as consumers are more inclined toward premium products.

 

 

Source: DataM Intelligence Analysis (2021)

Competitive Landscape

The global alcohol ingredients market is highly fragmented due to the dominance of several local and global players present in the market. The market exhibits a strong presence of global key players, such as DSM, ADM, Cargill and Döhler Group, alongside other domestic producers. Expansion remained the most adopted strategy among malt ingredient manufacturers, holding a major chunk of total strategies, followed by product innovation, partnership, and merger and acquisition. For instance, in April 2019, Döhler Group, a key player in the alcohol ingredients market, announced the acquisition of majority of the shares of Zumos Catalano Aragoneses S.A. (Zucasa), a producer of cremogenates, juices and concentrates of sweet fruit and vegetables, equipped with modern production facilities. The acquisition aims at expanding the former company’s offer of fruit concentrates, purees, and juices. Moreover, the major players are expanding their production capacities and strategically planning to supplement their export facilities, in order to stand out among other manufacturers in the market. For instance, in February 2020, Novozymes A/S launched next yeast technology, Innova Fit in North America. The product is a non-GMO yeast that eliminates the production constraints of alcohol by the other variants. In March 2019, Archer Daniels Midland announced that it has reached an agreement for the acquisition of the Ziegler Group, a Europe-based natural citrus flavor ingredients provider. The agreement came shortly after ADM added industry-leading citrus capabilities to flavor portfolio with acquisition of Florida Chemical Company.

COVID-19 Impact: The market has been negatively due to closure of non-essential services during pandemic

COVID-19 pandemic has resulted in closure of various pubs, restaurants and taprooms by the governments to maintain social distance norms. This has negatively impacted the global alcohol ingredients market. According to a study by the Brewers Association, the total brewery sales in the U.S went down by 30.5% in May compared to the previous year. Nearly 89% of the brewing companies, either had stopped or slowed down their production, as the Y-o-Y sales had declined in April. However, as the situation of COVID-19 has gradually improved, with lesser restrictions being imposed on foodservice channels, alcohol ingredients market is likely to gain back its elevating consumption levels from this year.

Why Purchase the Report?

  • Understand the current market scenario and viability of global alcohol ingredients over the forecast period
  • Visualize the composition of the global alcohol ingredients market in terms of ingredient type and beverage type to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Excel data sheet with valuable data points of the global alcohol ingredients market – Regional and Country level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:

  • Alcohol Manufacturers
  • Grain Processing Companies
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals

Table of Contents

  1. Global Alcohol Ingredients Market -Scope and Methodology

    1. Research Methodology
    2. Scope of the Market
  2. Global Alcohol Ingredients Market -Key Trends and Developments

  3. Global Alcohol Ingredients Market – Executive Summary

    1. Market Snippet by Ingredient Type
    2. Market Snippet by Beverage Type
  4. Global Alcohol Ingredients Market – Market Dynamics

    1. Market impacting factors
      1. Drivers
      2. Restraints
      3. Opportunities
    2. Impact analysis
  5. Global Alcohol Ingredients Market – Industry Analysis

    1. Porter's five forces analysis
    2. Supply chain analysis
    3. Patent Analysis
    4. Regulatory Analysis
  6. Global Alcohol Ingredients Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
  7. Global Alcohol Ingredients Market – By Ingredient Type

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Ingredient Type Segment
      2. Market attractiveness index, By Ingredient Type Segment
    2. Yeast*
      1. Introduction
      2. Market size analysis, US$ million, 2019-2028 and y-o-y growth analysis (%), 2020-2028
    3. Enzymes
    4. Colorants
    5. Flavors & Salts
    6. Others
  8. Global Alcohol Ingredients Market – By Beverage Type

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Beverage Type Segment
      2. Market attractiveness index, By Beverage Type Segment
    2. Beer *
      1. Introduction
      2. Market size analysis, US$ million, 2019-2028 and y-o-y growth analysis (%), 2020-2028         
    3. Spirits
    4. Wine
    5. Whisky
    6. Brandy
    7. Others
  9. Global Alcohol Ingredients Market – By Region

    1. Introduction
      1. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key region-specific dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Ingredient Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Beverage Type
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Ingredient Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Beverage Type
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Ingredient Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Beverage Type
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Ingredient Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Beverage Type
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Ingredient Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Beverage Type
  10. Global Alcohol Ingredients Market – Competitive Landscape

    1. Competitive scenario
    2. Competitor strategy analysis
    3. Comparative type portfolio analysis
    4. Market positioning/share analysis
    5. Mergers and acquisitions analysis
  11. Global Alcohol Ingredients Market – Company Profiles

    1. Archer Daniels Midland Company*
      1. Company Overview
      2. Type Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Cargill, Incorporated
    3.  Koninklijke Dsm N.V
    4. Dohler Group
    5. Chr. Hansen Holdings A/S
    6.  Sensient Technologies Corporation
    7. Ashland Inc.
    8.  D.D. Williamson & Co., Inc.
    9. Kerry Inc.
    10. Angel Yeast Co., Ltd.
  12. Global Alcohol Ingredients Market – Premium Insights

  13. Global Alcohol Ingredients Market – DataM
    1. Appendix
    2. About us and services
    3. Contact us

List of Tables & Figures

List of Tables

Table 1        Global Alcohol Ingredients Market Value, By Ingredient Type, 2020, 2024 & 2028 ($ MILLION)

Table 2        Global Alcohol Ingredients Market Value, By Beverage Type, 2020, 2024 & 2028 ($ MILLION)

Table 3        Global Alcohol Ingredients Market Value, By Region, 2020, 2024 & 2028 ($ MILLION)

Table 4        Global Alcohol Ingredients Market Value, By Ingredient Type, 2020, 2024 & 2028 ($ MILLION)

Table 5        Global Alcohol Ingredients Market Value, By Ingredient Type, 2019-2028 ($ MILLION)

Table 6        Global Alcohol Ingredients Market Value, By Beverage Type, 2020, 2024 & 2028 ($ MILLION)

Table 7        Global Alcohol Ingredients Market Value, By Beverage Type, 2019-2028 ($ MILLION)

Table 8        Global Alcohol Ingredients Market Value, By Region, 2020, 2024 & 2028 ($ MILLION)

Table 9        Global Alcohol Ingredients Market Value, By Region, 2019-2028 ($ MILLION)

Table 10      North America Alcohol Ingredients Market Value, By Ingredient Type, 2019-2028 ($ MILLION)

Table 11       North America Alcohol Ingredients Market Value, By Beverage Type, 2019-2028 ($ MILLION)

Table 12      North America Alcohol Ingredients Market Value, By Country, 2019-2028 ($ MILLION)

Table 13      South America Alcohol Ingredients Market Value, By Ingredient Type, 2019-2028 ($ MILLION)

Table 14      South America Alcohol Ingredients Market Value, By Beverage Type, 2019-2028 ($ MILLION)

Table 15      South America Alcohol Ingredients Market Value, By Country, 2019-2028 ($ MILLION)

Table 16      Europe Alcohol Ingredients Market Value, By Ingredient Type, 2019-2028 ($ MILLION)

Table 17      Europe Alcohol Ingredients Market Value, By Beverage Type, 2019-2028 ($ MILLION)

Table 18      Europe Alcohol Ingredients Market Value, By Country, 2019-2028 ($ MILLION)

Table 19      Asia-Pacific Alcohol Ingredients Market Value, By Ingredient Type, 2019-2028 ($ MILLION)

Table 20      Asia-Pacific Alcohol Ingredients Market Value, By Beverage Type, 2019-2028 ($ MILLION)

Table 21      Asia-Pacific Alcohol Ingredients Market Value, By Country, 2019-2028 ($ MILLION)

Table 22      Middle East & Africa Alcohol Ingredients Market Value, By Ingredient Type, 2019-2028 ($ MILLION)

Table 23      Middle East & Africa Alcohol Ingredients Market Value, By Beverage Type, 2019-2028 ($ MILLION)

Table 24      Archer Daniels Midland Company: Overview

Table 25      Archer Daniels Midland Company: Product Portfolio

Table 26      Archer Daniels Midland Company: Key Developments

Table 27      Cargill, Incorporated: Overview

Table 28      Cargill, Incorporated: Product Portfolio

Table 29      Cargill, Incorporated: Key Developments

Table 30      Koninklijke Dsm N.V: Overview

Table 31      Koninklijke Dsm N.V: Product Portfolio

Table 32      Koninklijke Dsm N.V: Key Developments

Table 33      Dohler Group: Overview

Table 34      Dohler Group: Product Portfolio

Table 35      Dohler Group: Key Developments

Table 36      Chr Hansen Holdings A/S: Overview

Table 37      Chr Hansen Holdings A/S: Product Portfolio

Table 38      Chr Hansen Holdings A/S: Key Developments

Table 39      Sensient Technologies Corporation: Overview

Table 40      Sensient Technologies Corporation: Product Portfolio

Table 41      Sensient Technologies Corporation: Key Developments

Table 42      Ashland Inc.: Overview

Table 43      Ashland Inc.: Product Portfolio

Table 44      Ashland Inc.: Key Developments

Table 45      D.D. Williamson & Co., Inc.: Overview

Table 46      D.D. Williamson & Co., Inc.: Product Portfolio

Table 47      D.D. Williamson & Co., Inc.: Key Developments

Table 48      Kerry Inc.: Overview

Table 49      Kerry Inc.: Product Portfolio

Table 50      Kerry Inc.: Key Developments

Table 51      Angel Yeast Co., Ltd.: Overview

Table 52      Angel Yeast Co., Ltd.: Product Portfolio

Table 53      Angel Yeast Co., Ltd.: Key Developments

List of Figures

Figure 1      Global Alcohol Ingredients Market Share, By Ingredient Type, 2020 & 2028 (%)

Figure 2      Global Alcohol Ingredients Market Share, By Beverage Type, 2020 & 2028 (%)

Figure 3      Global Alcohol Ingredients Market Share, By Region, 2020 & 2028 (%)

Figure 4      Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 5      Global Alcohol Ingredients Market Y-o-Y Growth, By Ingredient Type, 2020-2028 (%)

Figure 6      Yeast: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 7      Enzymes: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 8     Colorants: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 9      Flavors & Salts: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 10    Others: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 11    Global Alcohol Ingredients Market Y-o-Y Growth, By Beverage Type, 2020-2028 (%)

Figure 12    Beer: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 13    Spirits: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 14    Wine: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 15    Whisky: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 16    Brandy: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 17    Others: Global Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 18    Global Alcohol Ingredients Market Y-o-Y Growth, By Region, 2020-2028 (%)

Figure 19    North America Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 20   North America Alcohol Ingredients Market Share, By Ingredient Type, 2020 & 2028 (%)

Figure 21    North America Alcohol Ingredients Market Share, By Beverage Type, 2020 & 2028 (%)

Figure 22   North America Alcohol Ingredients Market Share, By Country, 2020 & 2028 (%)

Figure 23   South America Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 24   South America Alcohol Ingredients Market Share, By Ingredient Type, 2020 & 2028 (%)

Figure 25   South America Alcohol Ingredients Market Share, By Beverage Type, 2020 & 2028 (%)

Figure 26   South America Alcohol Ingredients Market Share, By Country, 2020 & 2028 (%)

Figure 27    Europe Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 28   Europe Alcohol Ingredients Market Share, By Ingredient Type, 2020 & 2028 (%)

Figure 29   Europe Alcohol Ingredients Market Share, By Beverage Type, 2020 & 2028 (%)

Figure 30   Europe Alcohol Ingredients Market Share, By Country, 2020 & 2028 (%)

Figure 31    Asia-Pacific Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 32   Asia-Pacific Alcohol Ingredients Market Share, By Ingredient Type, 2020 & 2028 (%)

Figure 33   Asia-Pacific Alcohol Ingredients Market Share, By Beverage Type, 2020 & 2028 (%)

Figure 34   Asia-Pacific Alcohol Ingredients Market Share, By Country, 2020 & 2028 (%)

Figure 35   Middle East & Africa Alcohol Ingredients Market Value, 2019-2028 ($ MILLION)

Figure 36   Middle East & Africa Alcohol Ingredients Market Share, By Ingredient Type, 2020 & 2028 (%)

Figure 37    Middle East & Africa Alcohol Ingredients Market Share, By Beverage Type, 2020 & 2028 (%)

Figure 38   Archer Daniels Midland Company: Financials

Figure 39   Cargill, Incorporated: Financials

Figure 40   Koninklijke Dsm N.V: Financials

Figure 41    Dohler Group: Financials

Figure 42   Chr Hansen Holdings A/S: Financials

Figure 43   Sensient Technologies Corporation: Financials

Figure 44   Ashland Inc.: Financials

Figure 45   D.D. Williamson & Co., Inc.: Financials

Figure 46   Kerry Inc.: Financials

Figure 47    Angel Yeast Co., Ltd.: Financials

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