Market Size of Europe Alcohol Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Alcohol Ingredients Market Analysis
Europe Alcohol Ingredients market is gowing at a CAGR of 8.0% during the forecast period (2020-2025).
- At a societal level, the European Union is the heaviest-drinking region in the world, with over one fifth of the European population aged 15 years and above reporting heavy episodic drinking (five or more drinks on an occasion, or 60g alcohol) at least once a week.
- Product innovations, in terms of flavors and packaging, provide growth opportunity to the market. Craft beer has gained popularity among large section of the consumers. The growing popularity of craft beer among the consumers, especially the younger generation, is considered as the major factor of growth.
- The key players working in European industry have expanded their distribution channels and vendor base to improve the accessibility of their products giving further boost to its sales.
Europe Alcohol Ingredients Industry Segmentation
Europe alcohol ingredients market is segmented by ingredient type into yeast, enzymes, colorants, flavors, and salts. By beverage type the market is segmented into beer, spirits, wine. The market is also segmented by geography into Germany, United Kingdom, Spain, France, Italy, Russia and rest of Europe.
| By Ingredient Type | |
| Yeast | |
| Enzymes | |
| Colorants | |
| Flavors & Salts |
| By Beverage Type | |
| Beer | |
| Spirits | |
| Wine |
| By Geography | |
| Germany | |
| United Kingdom | |
| France | |
| Spain | |
| Italy | |
| Russia | |
| Rest of Europe |
Europe Alcohol Ingredients Market Size Summary
The European alcohol ingredients market is experiencing significant growth, driven by a combination of societal trends and consumer preferences. As the region with the highest levels of alcohol consumption globally, the European Union presents a unique landscape for the alcohol ingredients industry. The popularity of craft beer and spirits, particularly among younger consumers, is a key factor propelling market expansion. These consumers are drawn to the authenticity and quality of craft beverages, which has led to a surge in product innovation, including new flavors and packaging. This trend is further supported by the expansion of distribution channels by key industry players, enhancing product accessibility and boosting sales.
The market is characterized by a competitive environment with major ingredient manufacturers such as ADM, Cargill, DSM, Dohler Group SE, and Chr. Hansen Holding A/S playing pivotal roles. The demand for highly customized and diverse beer varieties has spurred the growth of microbreweries and specialty craft breweries, including gluten-free options, particularly in the United Kingdom. This diversification is a response to the consumer demand for new experiences and flavors, which has led to the launch of innovative products by smaller producers. The ongoing expansion of production and distribution facilities by major players further underscores the dynamic nature of the European alcohol ingredients market.
Europe Alcohol Ingredients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Ingredient Type
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2.1.1 Yeast
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2.1.2 Enzymes
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2.1.3 Colorants
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2.1.4 Flavors & Salts
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2.2 By Beverage Type
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2.2.1 Beer
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2.2.2 Spirits
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2.2.3 Wine
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2.3 By Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 France
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2.3.4 Spain
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2.3.5 Italy
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2.3.6 Russia
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2.3.7 Rest of Europe
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Europe Alcohol Ingredients Market Size FAQs
What is the current Europe Alcohol Ingredients Market size?
The Europe Alcohol Ingredients Market is projected to register a CAGR of 8% during the forecast period (2024-2029)
Who are the key players in Europe Alcohol Ingredients Market?
ADM, DSM, Dohler Group SE, Chr. Hansen Holding A/S and Cargill Incorporated are the major companies operating in the Europe Alcohol Ingredients Market.
