Global Alcohol Ingredients Market Insights and Forecast to 2028

Alcohol ingredients are prepared through the extraction of yeast, enzymes, colors, and flavors from natural sources such as plants, vegetables, and fruits. These ingredients are used in a wide range of beverage applications, especially in the production of alcoholic beverages.
Market Analysis and Insights: Global Alcohol Ingredients Market
Due to the COVID-19 pandemic, the global Alcohol Ingredients market size is estimated to be worth US$ 1464.3 million in 2022 and is forecast to a readjusted size of US$ 1996.2 million by 2028 with a CAGR of 5.3% during the review period. Fully considering the economic change by this health crisis, Yeast accounting for % of the Alcohol Ingredients global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Beer segment is altered to an % CAGR throughout this forecast period.
The alcohol ingredients market has grown exponentially in the last few years and this trend is projected to continue following the same trend until 2023. The primary factor driving the global success of alcohol ingredients is the increased consumption of alcoholic beverages across the globe. There is an increase in global consumption of alcohol, especially in the Asia-Pacific region. This increasing trend reflects the economic development, increase in the purchasing power of the consumers and increase in the marketing and branding of alcoholic beverages.
Global Alcohol Ingredients Scope and Segment
Alcohol Ingredients market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Alcohol Ingredients market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Yeast
Enzymes
Colors, flavors & salts
Others
Segment by Application
Beer
Spirits
Wine
Whisky
Brandy
Others
By Company
ADM
Ashland
Chr. Hansen
Dohler
Kerry
Sensient
Angel Yeast
Biorigin
Bio Springer
Chaitanya
Crystal Pharma
D.D. Williamson
Koninklijke DSM
Kothari Fermentation and Biochem
Suboneyo Chemicals Pharmaceuticals
Synergy Flavors
Treatt
Cargill
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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