“The grain alcohol market is projected to grow at a CAGR of 4.1% during the forecast period.”
According to MarketsandMarkets, the global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The increased consumption and production of alcoholic beverages is one of the key factors that is driving market growth.
“By source, the sugarcane segment is projected to dominate the market during the forecast period.”
Sugar is a natural carbohydrate found in all fruits & vegetables. Sugar cane and sugar beet plants are the most abundant sources of sucrose, which is fermented to produce alcohol. Molasses is the by-product in the sugarcane industry, obt......
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Belgium Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Belgium was severely impacted by the COVID-19 pandemic, causing the country's GDP to shrink by 6.3% in 2020. The beer & cider sector was among the worst hit by the crisis due to the enforcement of lockdown rules, which involved the closure of bars and restaurants and restrictions on social gatherings. These factors led to a double-digit decline in volume sales for the sector in 2020. The cancellation of sporting events and flights also adversely impacted beer and cider sales in the country.
Belgium Beer and Cider Market Insights to 2026 report provides a complete overview of the Belgium Beer and Cider industry struct......
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Czech Republic Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Due to the COVID-19 pandemic, the economy of the Czech Republic declined significantly in 2020 and its GDP at market prices declined by 5.6% in the year. Private consumption dropped by 5.2% as the purchasing power of consumers was hit hard. The unemployment rate rose to 2.5% in 2020 from 2% in 2019.
In order to control their finances, Czech consumers restricted their alcohol consumption. Consequently, the per-capita consumption of beer in the country fell in 2020. The closure of many pubs and bars in 2020 also contributed to significant decline in beer volume. However, the beer consumption is likely to recover......
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Brazil Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Brazil was one of the countries worst affected by the COVID-19 outbreak in 2020. After the first case of COVID-19 was reported in February 2020, the disease spread rapidly across the country. President Jair Bolsonaro downplayed the pandemic, and firmly opposed lockdowns and social distancing protocols that could hurt the economy. Nonetheless, the federal government declared a state of emergency, and closed international borders by mid-March 2020, and several state governors put lockdowns and quarantines in place. As most restrictions were relaxed from May, infections surged, with one million cases reported by June 2020......
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Switzerland Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
The ongoing pandemic has, like many countries, impacted the beer & cider sector in Switzerland. Although the country did not have a proper lockdown during the pandemic, the alcoholic beverages industry was affected overall, with a major shutdown in the hospitality sector. HoReCa was closed for a large proportion of the year, along with no events during the summer of 2020. This justified the decline in the consumption of alcoholic beverages, including beer, in the country.
Switzerland Beer and Cider Market Insights to 2026 report provides a complete overview of the Switzerland Beer and Cider industry structure off......
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France Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
The COVID-19 outbreak had a profound effect on France, with infections spreading rapidly after the first case was reported in January 2020. The pandemic dealt a heavy blow to the French economy, as it was still recovering from a recession. The economy once again slipped into recession in H1 2020 as the government imposed several pandemic containment measures, beginning with a nationwide lockdown from mid-March to May 2020. People were asked to stay at home and go out only for emergencies, and only essential stores such as groceries and pharmacies were allowed to operate. With HoReCa outlets closed, on-premise sales of ......
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Canada Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Following 1.8% growth in 2019, the Canadian economy entered a recession in 2020, with the country's real gross domestic product (GDP) shrinking by 5.4%. This was the country's worst economic performance on record. The contraction can mainly be attributed to the implementation of lockdown restrictions in response to the outbreak of COVID-19. These restrictions had a huge impact on the economy, primarily affecting the tourism, aviation, foodservice, hospitality, and manufacturing industries. However, in 2021, the Canadian economy is expected to perform strongly with the reopening of the economy after the third wave of CO......
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Turkey Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
After the first case of COVID-19 emerged in March 2020, the Turkish government imposed pandemic containment measures, including a national lockdown, social distancing, travel restrictions, and the closure of borders. While anti-pandemic restrictions were eased gradually from May, a second wave of infections forced the government to reimpose restrictions from September 2020 to February 2021. In addition to the economic turmoil induced by the pandemic, high taxes on alcoholic beverages imposed by the Turkish government hampered sales of the beer and cider sector in 2020, as consumers focused on reducing their spending on......
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Hungary Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Despite being a small category, ciders are gaining traction among consumers seeking beverages with a fruity taste and a relatively low alcohol content, as well as health-conscious individuals looking to reduce their alcohol consumption. Rising tourist numbers are encouraging cider manufacturers to introduce new varieties in the form of dry and semi-dry options to appease a broad range of consumers. This bodes well for the country's cider market. Underlining the growing demand for the category, its volume grew by 6.75% in 2020.
Hungary Beer and Cider Market Insights to 2026 report provides a complete overview of the H......
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China Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
The outbreak of COVID-19 in China, border tensions with peer nations such as India and geopolitical tensions in South China Sea, and the trade war with the US all posed downward risks to economic growth in 2020. However, China was able to recover at a fast pace and remained the only major economy to post GDP growth in 2020. China's real GDP grew by 1.8% in 2020, which was however the slowest for the country in the last four decades. The lockdown measures and closure of on-premise channels for a significant period in 2020 severally hampered beer & cider sales.
In addition, restrictive measures also negatively impacted s......
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