Global Alcohol Ingredients Market by Product (Colorants, Enzymes, Flavors & Salts, Yeast), by Application (Spirits, Beer, Wine) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global alcohol ingredients market was worth USD 1.54 billion in 2018. It is expected to grow at an 8.3% CAGR from 2019-2025. The rising global alcohol consumption is a key driver of product demand. The market is also being driven by the rapid adoption of western culture, and rapid urbanization in emerging areas like Asia Pacific.

The major consumer base for the alcohol industry will continue to be the young population. The National Health Interview Survey of the U.S. found that 35.6% of Americans aged 18-24 and 34.3% of those aged 25-44 had had at least one day of heavy drinking in 2017. Similar to U.K., the proportion of young drinkers has increased dramatically compared to other age groups between 2005 and 2016.

The market has seen a significant increase in the number of bars, clubs, and breweries. The number of bars and pubs has increased globally over the last few years. Between 2014 and 2016, the number of bars and pubs grew by 23.5%. These bars have become a popular place for socializing, particularly among millennials. The number of pubs, bars, and liquor-serving cafes and lounges (PBCL outlets) has increased by around 5300 to 6700 between 2013 and 2016.

This industry is also seeing a significant growth driver in the form of rising demand for craft beer. There have been an increase of craft breweries from 3,814 in 2014, to 7,346 by 2018, which is an increase of more than 13% over four years. North Carolina has more than 250 breweries. The majority are located in the southern part. Some of the most well-known breweries are Asheville, Charlotte and Greensboro, Durham, Greensboro, Greensboro, and the Raleigh region, as well as Winston-Salem.

The industry has seen a rise in popularity due to beer tourism. The countries such as New Zealand and Australia have promoted craft beer for economic development. Because these beers come in unique flavors because of the exclusive ingredients found in New Zealand, Wellington is an important market.

Industry leaders are expected to continue to face major obstacles from anti-alcohol campaigns. These campaigns have increased health consciousness among consumers over the last few years. Additionally, the increased taxation and regulation of the alcohol industry by the government are expected to reduce the production output. This will in turn limit market growth in the near future.

Product Insights

Flavors and salts made up 43.2% of 2018's global market. Flavors & Salts is seeing a rise in demand for flavored beverages such as wine, whisky, and flavored beer. In the last few years, the number of flavor drinks has increased with the increasing use of fruit as a flavor. This has attracted new customers. This segment is seeing significant growth in Europe, including France and the U.K. The major exporters of flavored spirits are Germany, Spain and the U.S. as well as the Netherlands and Jamaica. Vanilla, honey, green apple, citrus and watermelon are some of the most popular flavors.

Another important ingredient is yeast. It is used to ferment alcohol to make ethanol and carbon dioxide. The availability of yeast to make alcoholic beverages will be affected by the increased consumption of yeast.

Application Insights

More than 40% of the global revenue came from beer. Beer production is dominated by cereal grains, yeast and hops. The beer industry has seen a rise in awareness of the many health benefits that it offers. It is rich in vitamins, natural antioxidants and proteins. These nutritional properties prevent Cardiovascular Diseases (CVDs), kidney stone formation, high cholesterol, and help muscle rebuild.

The craft beer industry has seen a substantial growth in the last few years. Craft beer accounts for 23% of the U.S. beer market in terms of its sales. In 2018, the U.S. Alcohol and Tobacco Tax and Trade Bureau issued 1,252 new permits. Anheuser-Busch Inbev, MillerCoors, LLC, Constellation, Heineken USA, Pabst Brewing are the major brewers in the United States.

Regional Insights

Europe was the dominant market and held more than 35%. The region is experiencing rapid growth in the alcohol industry. Europe is home to more than half the world's wine production. With major producers, it is the world's largest alcohol exporter. Europe's key markets include Germany, France and the U.K.

The largest wine consumers are France, Italy and Spain. The largest beer consumers are Germany, the U.K. and Ireland. Russia, Poland and Ukraine consume a lot of vodka. Lager holds the largest percentage of all beer types. Craft beer has been growing in popularity over the years.

Asia Pacific will see the fastest CAGR of 9.6% between 2019 and 2025. The market is driven by the rising purchasing power of consumers from developing countries like China, Taiwanese, India, South Korea and Myanmar. China is the largest market, largely due to rising product demand, especially in urban areas. The most preferred category of alcohol is wine in this region. In 2016, wine imports experienced a 16% increase in volume year-on-year. Red wine accounts for 75% of China’s wine market volume.

Market Share Insights & Key Companies

This industry is dominated by Biospringer, AngelYeast Co. Ltd., and Chr. Hansen A/S; DDW; The Color House; Sensient Technolgies; The Archer Daniels Midland Company; Dohler; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc. To maintain market share, companies must innovate through product innovation. Alcopop, a brand of flavored alcoholic beverages, was introduced by The Coca-Cola Company in Japan in March 2018. This product has a range of alcohol levels, ranging from 3% to 8 percent.

Scope of the Alcohol Ingredients Market Report

The Report Covers Certain Segments

This report forecasts volume and revenue growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2014-2025. Grand View Research has divided the global alcohol ingredients market report by product, region, and application.

• Product outlook (Revenue USD Million, 2015-2025)

  • Yeast

  • Enzymes

  • Colorants

  • Flavors & Salts

  • Other

• Application Outlook (Revenue USD Million, 2015-2025)

  • Beer

  • Spirits

  • Wine

  • Other

• Region Outlook (Revenue USD Million, 2015-2025)

  • North America

    • U.S.

  • Europe

    • Germany

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

These are the most frequently asked questions about this report

b. Global alcohol ingredients market was valued at USD 1.67 Billion in 2019, and is forecast to grow to USD 1.81 Billion by 2020.

b. Global alcohol ingredients market to reach USD 2.71 Billion by 2025 is expected to grow at 8.3% compound annual growth rate between 2019 and 2025.

b. Europe was the market leader in alcohol ingredients with a 35.7% share in 2019. This can be attributed to the rising number and quality of craft breweries in Europe, as well as rising numbers of craft beer drinkers in the region.

b. The key players in the market for alcohol ingredients include AngelYeast Co., Ltd., Biospringer, and Treatt Plc. Hansen A/S; DDW; The Color House; Sensient Technolgies; The Archer Daniels Midland Company; Dohler; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.

b. b. The market has seen significant growth due to the increasing number of bars, pubs, and beer breweries.

Up Market Research published a new report titled “Alcohol Ingredients Market research report which is segmented by Product (Colorants, Enzymes, Flavors & Salts, Yeast), by Application (Spirits, Beer, Wine), By Players/Companies Inc, Ltd; Chr Hansen A/S; DDW; The Color House; Sensient Technologies; The Archer Daniels Midland Company; D¶hler; Kerry, Inc; and Ashland Global Specialty Chemicals, Treatt Plc; Biospringer, AngelYeast Co”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Alcohol Ingredients Market Report Segments:

The market is segmented by Product (Colorants, Enzymes, Flavors & Salts, Yeast), by Application (Spirits, Beer, Wine).

Alcohol Ingredients Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Alcohol Ingredients Market

Overview of the regional outlook of the Alcohol Ingredients Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Alcohol Ingredients Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Alcohol Ingredients Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Colorants

                2. Enzymes

                3. Flavors & Salts

                4. Yeast

                1. Spirits

                2. Beer

                3. Wine

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Alcohol Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Alcohol Ingredients Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.