Ethanol prepared from natural food ingredients is referred to as food-grade alcohol. Food-grade alcohols are extensively used in various end use industries such as food & beverages, healthcare, and pharmaceuticals for a variety of applications. Also, food-grade alcohol is referred to as ethyl alcohol, which is the purest form. It is generally sourced from sugarcane and abundantly used for commercial applications. Food-grade alcohol can be characterized as a colorless & odorless liquid that is volatile and flammable and is predominantly used as a drug or as a beverage especially in production of alcohols.
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On the basis of geography, the Asia Pacific region is experiencing the highest growth rate due to strong industrial development policies adopted by the government. Increased government investments for urbanization and the improved standard of living of consumers have led to an increase in the consumption of food & beverage products. The strategic investors in the industry should see this as an opportunity to introduce innovative alcohol products to cater to the changing demands of manufacturers in this market.
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Some of the key players in Food Grade Alcohol Market include Sigma-Aldrich, Roquette Freres S.A., Fonterra Co-operative Group, Cristalco SAS, Grain Processing Corporation, Archer Daniels Midland Company, Cargill, Incorporated, Wilmar International Limited, Manildra Group, Extractohol, MGP Ingredients, Greenfield Global Inc., Pure Alcohol Solutions, Bartow Ethanol of Florida, L.C, Ethanolsa Pty Ltd., Illovo Sugar Africa (Pty) Ltd., and Godavari Biorefineries Ltd.
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