Alcohol Ingredients Market Size To Reach $4.21 Billion By 2030

November 2024 | Report Format: Electronic (PDF)

Alcohol Ingredients Market Growth & Trends

The global alcohol ingredients market size is expected to reach USD 4.21 billion by 2030 registering a CAGR of 6.2% from 2025 to 2030, according to a new report by Grand View Research, 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.

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.


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Alcohol Ingredients Market Report Highlights

  • Flavors & salts dominated the market with the largest revenue share of 45.4% in 2024. The increasing demand for unique and exotic flavors in alcoholic beverages, such as craft beers and specialty cocktails, has significantly boosted the market.

  • Beer dominated the market with the largest revenue share in 2024. This dominance is driven by beer's longstanding popularity and widespread global consumption.

  • Europe's alcohol ingredients market dominated, with a revenue share of 33.5% in 2024. The region's rich tradition in alcoholic beverages, including renowned beer, wine, and spirits, drives the demand for high-quality ingredients.

Alcohol Ingredients Market Segmentation

Grand View Research has segmented the global alcohol ingredients market on the basis of product, application, and region:

Alcohol Ingredients Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Yeast

  • Enzymes

  • Colorants

  • Flavors & Salts

  • Others

Alcohol Ingredients Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Beer

  • Spirits

  • Wine

  • Others

Alcohol Ingredients Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

  • Latin America

    • Brazil

  • Middle East and Africa (MEA)

    • South Africa

UAE List of Key Players of Alcohol Ingredients Market

  • Treatt Plc

  • AngelYeast Co., Ltd.

  • Biospringer

  • Givaudan Novozymes A/S

  • ADM

  • Sensient Technologies Corporation

  • Döhler GmbH

  • Ashland

  • Kerry Group plc.

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