Global Grain Alcohol Market Size study, by Type (Ethanol, Polyols) by Application (Beverages, Food, Pharmaceutical & health care) by Source (Sugarcane, Grains, Fruits, Other sources (corn and rice)) by Functionality (Preservative, Coloring/flavoring agent, Coatings, Other functionalities (solubility, antifreeze, flammability, and volatility)) and Regional Forecasts 2021-2027

Global Grain Alcohol Market is valued approximately USD 11.76 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4 % over the forecast period 2021-2027. Grain Alcohol is a distilled neutral spirit made from fermenting grain it is purified form of ethyl alcohol, which is also called ethanol, neutral grain spirit, or rectified spirt. Grain alcohol made from corn, rye, wheat, grapes, grains, sugarcane, tubers, and beets. The market share of grain alcohol is largely associated with the sales of beverage products.

 As  the global beer production and popularity of craft beer increases thus, the demand for grain alcohol market increases. . Beer is a widely consumed alcohol beverage, and the production of the beer is also increasing significantly during the last decade. And growing popularity of craft beer and local beer is likely to increase the demand for domestic malt over the last five years. However, awareness about harmful use of alcohol consumption  impedes the growth of the market over the forecast period of 2021-2027. Also, emerging markets such as APAC, South America, Middle East and Africa will have vast opportunity as  the disposable income is increasing and which is likely to increase the market growth during the forecast period.

The regional analysis of global Grain Alcohol market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to very high per capita consumption levels, market growth has remained attractive and stable. Whereas, Asia-Pacific is also anticipated to exhibit highest CAGR over the forecast period 2021-2027. Factors such as rising disposable income and natural sources of grain alcohol such as sugarcane, grains, corn, and other fruits and vegetables are abundantly available in this region and would create lucrative growth prospects for the Grain Alcohol market across Asia-Pacific region.

Major market player included in this report are:
ADM 
Cargill  
Merck Group 
Roquette Frères 
MGP Ingredients 
Cristalco 
Grain Processing Corporation  
Wilmar Group 
Manildra Group 
Glacial Grain Spirits

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below: 
By Type:
Ethanol
Polyols

By Application:
Beverages
Food
Pharmaceutical & health care

By Source:
Sugarcane
Grains
Fruits
Other sources (corn and rice)

By Functionality:
Preservative
Coloring/flavoring agent
Coatings
Other functionalities (solubility, antifreeze, flammability, and volatility

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Grain Alcohol Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors