Alcohol Ingredients Market Size is Expected to Reach USD 2.71 billion by 2025

The global  Alcohol Ingredients Market registering a CAGR of 8.3%, according to a new report by Radiant Insights, Inc Increasing alcohol consumption across the globe has been fueling the product demand. In addition, rapid urbanization along with the increased adoption of western culture in the developing countries including China, India, Indonesia, and Taiwan is expected to boost the demand for alcoholic beverages, which, in turn, will prompt the utility of ingredients including yeast and enzymes.

Flavors & salts product segment held the largest market share in 2018 on account of increased demand for flavored drinks. Major alcoholic beverage companies have expanded their product portfolio in this particular segment. Beer held the largest market share of over 40% in 2018. Health benefits offered by beer along with its low alcohol content have made it a popular drink. Craft beers are expected to witness a significant growth in near future due to growing popularity across the globe. Europe was the dominant regional market in 2018.

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Prominent economies of this region include, Germany, U.K., Italy, Spain, Romania, and Belgium. High alcohol consumption levels along with the presence of a large number of alcohol producers has increased the product demand in this region. Asia Pacific is anticipated to be the fastest-growing region at a CAGR of 9.6% from 2019 to 2025. China, India, South Korea, Taiwan, Myanmar, and Thailand are the prominent markets in this region. Rising per capita income and growing number of pubs, bars, and clubs have been driving the product demand in these developing countries.

 Further key findings from the study suggest:

• Europe held the largest market share in 2018 accounting for more than 35% of the total revenue

• Spirits application segment is expected to register the fastest growth rate of 9.0% over the forecast period

• Flavors & salts product segment held the largest share of the global alcohol ingredients market in the past and is projected to expand at the highest CAGR from 2019 to 2025

• Spirits segment held the largest share in the Asia Pacific market and also accounted for more than 45% of global revenue in 2018

• Key companies in this market include Treatt PLC; DDW; The Color House; AngelYeast Co., Ltd.; Biospringer; Sensient Technologies; Chr. Hansen A/S; The Archer Daniels Midland Company; Kerry, Inc.; Ashland Global Specialty Chemicals, Inc.; and Dohler

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 Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Alcohol Ingredients Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Markets Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
3.3.1.1. Major Raw Materials Analysis

Continued ………

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About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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