Global Alcohol Ingredients Market- Market Overview:

The Global Alcohol Ingredients market is expected to grow from USD 1.5 billion in 2021 to USD 2.85 billion by 2029, at a CAGR of 8.4% during the Projection period 2022-2029. The growth of this market is mainly driven owing to the increasing number of clubs and breweries playing an important role in the increased consumption of alcohol that ultimately triggers the growth of the alcohol ingredient market.

Alcoholic beverages contain ethanol, a type of alcohol that is derived from the fermentation of fruits or sugar sources. Alcohol is widely consumed both for reviving and recreation. Controlled consumption of alcoholic beverages is beneficial in minimizing the dangers associated with heart and blood pressure complications. Manufacturers of alcohol are increasingly emphasizing natural and organic ingredients that are free from fertilizers, inorganic chemicals etc. which is positively affecting the market growth. As a result of intense competition among the major players operating in the alcohol ingredients market, many of these players have adopted several key strategies, including mergers and acquisitions, joint ventures and partnerships, product innovation, and geographic expansion, to ensure long-term market survival. In addition, excessive consumption of alcohol has adverse health effects such as head and neck cancers, irregular heartbeat, strokes, and inflammation of liver cells, which hinders the growth of the alcoholic beverages sector, thereby limiting the growth of the market for alcohol ingredients. There is also a growing trend of microbreweries that emphasize sustainable sourcing and alcohol manufacturing practices, along with the proliferation of online retailers, which provide easy product availability with many options to choose from, which are expected to drive the market even further.

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Market Dynamics:

Drivers:                          

• Rising demand for craft beer

Demand for craft beer is rising, driving the growth of the alcohol ingredients market. The rich and distinct taste of craft beer is the main reason behind the huge demand for craft beer. Along with, good taste craft beer is enriched with lots of health benefits because of the high number of antioxidants, vitamin B complex and proteins. A few recent studies suggest that hops could work as a barrier against the slow degradation of cognitive functions in the brain. Moreover, craft breweries tend not to be as concerned with making huge profits as they are with being eco-friendly.

Restraints:                                             

• Health issues related to excessive consumption of alcohol

Consumers are becoming more health-conscious day by day, which is affecting the growth of the alcohol ingredients market. Health issues related to excessive consumption of alcohol are hampering the growth of the market. People who used to drink alcohol on daily basis in excess suffer from various health issues such as diseases related to the liver, heart, cancer, high blood pressure etc. The rising issues of alcohol-related health issues are shifting consumers towards other alternative drinks.

Opportunities:

• Increasing alcohol consumption

The increasing number of breweries and clubs globally is contributing a large share in the growth of the alcoholic ingredients market due to the rising demand for alcohol. The increased popularity of pre-mixed or ready-to-drink alcoholic beverages, which fit the busy yet healthy lifestyles of today's consumers, may drive an increase in demand for alcohol ingredients. The availability of alcoholic beverages on e-commerce sites also accounts for the growth of the market because it saves time and also gets various discount offers while purchasing from online sites.

Challenges:

• Anti-alcohol campaigns

The rising cases of physical dependence, verbal abuse, and alcoholism due to continuous drinking and serious health issues associated with the excessive consumption of alcohol are hindering the growth of the market. The government and so many other non-governmental organizations are running campaigns and programs to raise the issues related to alcohol consumption. Moreover, the rising alcohol consumption among youngsters is also a matter of concern, which needs to be outlook and resolved because most youngsters started consuming alcohol to run away from the problems that ultimately put them into a mental state where they cannot differentiate between what’s good and what’s bad for them.

Segmentation Analysis:

The global alcohol ingredients market has been segmented based on beverage type, ingredients type, and region.

By Beverage Type

The beverage type segment includes whiskey, beer, spirits, wine and others. The beer segment led the largest share of the alcohol ingredients market with a market share of around 27.43% in 2021. As a result of increasing awareness about the health benefits associated with beer, as well as its nutritional properties that protect against kidney stones and high cholesterol levels and support muscle rebuild, beer is predicted to hold the highest CAGR during the Projectioned period.

By Ingredient Type         

The ingredient type segment includes enzymes, yeast, starch and others. The yeast segment led the alcohol ingredients market with a market share of around 30.19% in 2021. A major market share is held by the yeast segment since it serves as an important ingredient in initiating fermentation in beer. The yeast used in the fermentation of beer and wine is Saccharomyces cerevisiae, also known as brewer’s yeast. It converts complex sugars into ethanol which is extensively used in the alcohol industry.

Global Alcohol Ingredients Market- Sales Analysis.

The sale of alcohol ingredients market beverage type and ingredients type expanded at a CAGR of 5% from 2015 to 2021.

Lucas Bols' annual reports show that worldwide alcohol consumption has significantly increased in recent years. In Western Europe, Bols, a Dutch public corporation that produces, distributes, sells, and markets alcoholic beverages, claimed revenue growth from EUR 34.4 million in 2016 to EUR 42.11 million in 2021. However, COVID-19 caused the company's revenue to decrease to EUR 30.75 million. To fulfill the soaring demand coming from the alcoholic beverage industry, ingredient producers are raising their output now that the market has recovered from the pandemic. Additionally, consumers' growing preference for craft beer has led to an increase in the number of craft breweries around the world, with the United Kingdom having the most locations, followed by Germany, Italy, and other countries.

This is another element propelling the global market for alcohol components. Due to the increased demand, producers are also raising their production capacity. For instance, Angel Yeast made significant purchases and manufacturing investments in August 2021. The business announced the purchase of Bio Sunkeen for RMB 60 million in conjunction with Shandong Lufa Holding Company, a regional investment firm on the Chinese mainland (USD 9.2 million). In order to improve the quality of alcoholic beverages, manufacturers are also developing new colorants, yeast, tastes, salt, enzymes, and other components.

Thus, owing to the aforementioned factors, the global alcohol ingredients market is expected to grow at a CAGR of 8.4% during the Projection period from 2022 to 2029.

By Regional Analysis:

The regions analyzed for the alcohol ingredient market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Europe region dominated the alcohol ingredients market and held a 38.82% share of the market revenue in 2021.

• The Europe region witnessed a major share. Global alcohol ingredients market growth is driven by several factors, including the consumption of different types of alcoholic beverages in Europe as well as the presence of major players in the market. In addition, the World Bank reports that Belarusians consumed 17.1 liters of alcohol per capita in 2015, compared with an average of 6.3 liters worldwide.
• Asia Pacific is anticipated to experience significant growth during the predicted period. In the region, the shift in consumer preferences from traditional alcohol to imported alcohol has been one of the driving factors for growth in the alcoholic beverage market.

Global Alcohol Ingredients Market- Country Analysis:

• Germany

Germany's alcohol ingredients market size was valued at USD 0.2 billion in 2021 and is expected to reach USD 0.38 billion by 2029, at a CAGR of 8.5% from 2022 to 2029. There is a growing demand for natural wines and natural botanicals used in gin ingredients, which is evidence of the growing demand for healthy lifestyles. Moreover, there are multiple new products being launched in trending categories, along with the long and hot summer in Germany, which drives demand for alcoholic beverages and alcoholic ingredients.

• China

China’s alcohol ingredients market size was valued at USD 0.15 billion in 2021 and is expected to reach USD 0.29 billion by 2029, at a CAGR of 8.7% from 2022 to 2029. There are several factors contributing to the market growth, such as the large population base, the growing consumption of alcohol by younger generations, and the rising disposable income of

• India

India's alcohol ingredients market size was valued at USD 0.10 billion in 2021 and is expected to reach USD 0.19 billion by 2029, at a CAGR of 8.9% from 2022 to 2029. Drinking culture has evolved in urban areas, enhancing the demand for alcoholic beverages in the country. The rising demand for alcoholic beverages in the region will propel the growth of the alcoholic ingredients market.

Key Industry Players Analysis:                                                     

To increase their market position in the global alcohol ingredients business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

• Dohler Group
• Sensient Technologies Corporation
• Kerry Group
• MGP Ingredients
• Ashland
• Cargill Incorporated
• Hansen Holdings A/S
• Synergy Flavours
• Archer Daniells Midland Company
• Koninklijke DSM N.V

Latest Development:

• In September 2021, to meet consumer demands, Archer-Daniels-Midland Co., a grain merchant from the United States, opened a new factory in China to produce flavours for food and beverages.
• In March 2018, in Japan, the Coca-Cola Company launched a flavoured alcoholic beverage called Alcopop which will have an alcohol content ranging from 3% to 8%.

Report Metrics

Report Attribute	Details
Study Period	2021-2029
Base year	2021
CAGR (%)	8.4%
Market Size	1.5 billion in 2021
Projection period	2022-2029
Projection unit	Value (USD)
Segments covered	By Beverage Type, By Ingredient Type and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Dohler Group, Sensient Technologies Corporation, Kerry Group, MGP Ingredients, Ashland, Cargill Incorporated, Chr. Hansen Holdings A/S, Synergy Flavours, Archer Daniells Midland Company, and Koninklijke DSM N.V.
By Beverage Type	Whiskey Beer Spirits Wine Others
By Ingredient Type	Enzymes Yeast Starch Others
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Alcohol Ingredients Market by Beverage Type:

• Whiskey
• Beer
• Spirits
• Wine
• Others

Global Alcohol Ingredients Market by Ingredient Type:

• Enzymes
• Yeast
• Starch
• Others

Global Alcohol Ingredients Market by Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Regulations governing taxes have a significant impact on the alcohol ingredients sector. Raising taxes won't do anything because both the federal and state governments must approve the rates. For their products to be produced, distributed, and advertised lawfully, the alcohol ingredients industry must abide by both federal and state laws. Before the product can be sold, every aspect of it, including the labels on the cans and the ingredients, must be approved. The impact on a brand might vary, though. Consider Alcohol ingredients as an example. Alcohol Ingredient is subject to laws in every nation where it sells and distributed since it is available there. However, they might also notice a change in sales. A reduced tax burden in one nation may result in better profits.

Economical Factors- The enormous but oversaturated alcohol in the market. Businesses that have been competing for a while competing with one another for shelf space in liquor stores as well as for the attention of their customers. To reach new markets, these companies are expanding internationally. It's a wise strategic move to expand their customer base and create new jobs globally. The other guys are after that. Although they toil away to get a share of the earnings, the smaller or emerging alcohol ingredients businesses cannot compete with the large, global breweries. Instead, the market is divided into national, regional, and microbrewery divisions.

Social Factor- Even though it doesn't seem like it, alcohol ingredients are continually advertised in the media. In his most recent film, your favorite actor can be seen carrying a can. Or the chorus of a song by your favorite singer will list off brands. In a fashion ad, you might even spot it poised. It is evident that alcohol is both praised and, in the same sentence, mocked and denigrated. Because the alcohol ingredients industry frequently disagrees with the general people, sales are probably to decline. This brigade is led by moral or religious individuals and health-conscious individuals.

Technological Factors- The development and improvement of distribution channels in the alcohol ingredients sector primarily rely on technology. We wouldn't have any alcohol on the shelf without this technology. However, delays occur when a business lacks cutting-edge technology to speed up its distribution process. Even the amount of alcohol produced may be limited, or a brewery may be forced out of business. A brew is only as excellent as its preparation, including the techniques required to grow and gather the components. Cost savings are attainable with a better process. Many companies are considering employing information technology (IT) to streamline operations while minimizing errors.

Environmental Factors- You may be aware that there are various environmental regulations and norms in every market that might have an impact on an organization's level of profitability in a particular market. Different liability and environmental regulations may even exist between states in the same nation. Determining the environmental criteria of the market where a new firm will operate requires rigorous analysis and evaluation.

Legal Factors- The legal framework and institutions in a number of nations are not strong enough to safeguard the company's intellectual property rights. An organization should thoroughly research the market before entering it since doing so encourages internal stealing. Programs against binge drinking, drinking in public areas, and limits on the drinking age all have legal underpinnings. The industry is also impacted by the rise in taxes, which has an impact on the cost of goods.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Beverage Type
     • 3.2. Market Attractiveness Analysis By Ingredient Type
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Rising demand for craft beer
   • 3. Restraints
     • 3.1. Health issues related to excessive consumption of alcohol
   • 4. Opportunities
     • 4.1. Increasing alcohol consumption
   • 5. Challenges
     • 5.1. Anti-alcohol campaigns

6. Global Alcohol Ingredients Market Analysis and Projection, By Beverage Type
   • 1. Segment Overview
   • 2. Whiskey
   • 3. Beer
   • 4. Spirits
   • 5. Wine
   • 6. Others
7. Global Alcohol Ingredients Market Analysis and Projection, By Ingredient Type
   • 1. Segment Overview
   • 2. Enzymes
   • 3. Yeast
   • 4. Starch
   • 5. Others
8. Global Alcohol Ingredients Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Alcohol Ingredients Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Alcohol Ingredients Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Beverage Type Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • Dohler Group
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Beverage Type Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Sensient Technologies Corporation
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Beverage Type Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Kerry Group
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Beverage Type Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • MGP Ingredients
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Beverage Type Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Ashland
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Beverage Type Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Cargill Incorporated
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Beverage Type Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Hansen Holdings A/S
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Beverage Type Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Synergy Flavours
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Beverage Type Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Archer Daniells Midland Company
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Beverage Type Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • Koninklijke DSM N.V
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Beverage Type Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

1. Global Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
2. Global Whiskey, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
3. Global Beer, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
4. Global Spirits, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
5. Global Wine, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
6. Global Others, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
7. Global Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
8. Global Enzymes, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
9. Global Yeast, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
10. Global Starch, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
11. Global Others, Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
12. Global Alcohol Ingredients Market, By Region, 2021–2029 (USD Billion)
13. North America Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
14. North America Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
15. USA Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
16. USA Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
17. Canada Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
18. Canada Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
19. Mexico Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
20. Mexico Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
21. Europe Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
22. Europe Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
23. Germany Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
24. Germany Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
25. France Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
26. France Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
27. UK Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
28. UK Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
29. Italy Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
30. Italy Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
31. Spain Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
32. Spain Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
33. Asia Pacific Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
34. Asia Pacific Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
35. Japan Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
36. Japan Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
37. China Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
38. China Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
39. India Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
40. India Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
41. South America Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
42. South America Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
43. Brazil Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
44. Brazil Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
45. Middle East and Africa Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
46. Middle East and Africa Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
47. UAE Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
48. UAE Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)
49. South Africa Alcohol Ingredients Market, By Beverage Type, 2021–2029 (USD Billion)
50. South Africa Alcohol Ingredients Market, By Ingredient Type, 2021–2029 (USD Billion)

List of Figures 

1. Global Alcohol Ingredients Market Segmentation
2. Alcohol Ingredients Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Alcohol Ingredients Market Attractiveness Analysis By Beverage Type
9. Global Alcohol Ingredients Market Attractiveness Analysis By Ingredient Type
10. Global Alcohol Ingredients Market Attractiveness Analysis By Region
11. Global Alcohol Ingredients Market: Dynamics
12. Global Alcohol Ingredients Market Share By Beverage Type (2021 & 2029)
13. Global Alcohol Ingredients Market Share By Ingredient Type (2021 & 2029)
14. Global Alcohol Ingredients Market Share by Regions (2021 & 2029)
15. Global Alcohol Ingredients Market Share by Company (2020)