“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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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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Ukraine Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
The increase in COVID-19 cases and the tight lockdown restrictions restrained the economic activities in 2020. The decline in domestic demand, fall in investments, drop in trade and increase in unemployment rate led to the economic contraction in 2020. According to the National Bank of Ukraine, the real GDP declined by 4% year on year (YoY) in 2020 after recording growth at 3.2% in 2019. The consumption of beer declined in 2020 compared to 2019, unlike other regions in Eastern Europe. The consumption was hampered by the tight lockdown restrictions imposed since March 2020 to contain the spread of COVID-19. However, th......
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Ireland Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
COVID-19 had a severe impact in most of the economies in the world. However, the Irish economy recorded a GDP growth of 3.4% in 2020, on the back of increase in pharmaceutical and ICT exports. However, lockdown restrictions had a severe effect on other domestic sectors such as hospitality, tourism, art and entertainment. There was also a surge in the unemployment rate from 5% in 2019 to 5.7% in 2020, while household consumption declined by 9%. Increasing unemployment and fear of job losses made consumers more aware of their expenditure.
Ireland Beer and Cider Market Insights to 2026 report provides a complete overvie......
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Colombia Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
The onset of the novel coronavirus disrupted sales of alcoholic drinks including beer and cider. The national anti-pandemic lockdown, and prolonged closure of liquor outlets, which were deemed as non-essential stores, eroded off-premise sales of beer. Additionally, the closure of national borders, restrictions on foreign tourist arrivals and domestic travel, and the closure of leisure, recreational, and entertainment venues muted demand. The shuttering of restaurants, bars, and clubs to prevent social spread of the highly-contagious virus led to a steep fall in on-premise sales of beer. As offices and businesses were......
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United Kingdom (UK) Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
In 2020, the UK GDP growth was restrained, hitting a high contraction of 9.9%, thus recording the steepest economic downfall in the country's GDP. The UK's GDP managed to post growth by one percent during the last quarter of 2020, primarily due to the easing of mobility restrictions and gradual reopening of economic activities. However, the recovery remained significantly low when compared to pre-pandemic levels.
Furthermore, with the implementation of new trade regulations between the European Union and the UK since January 2020, the key players are likely to face significant challenges in cross-border t......
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Italy Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Alcohol consumption per capita in Italy continued to decline in 2019 as consumers focused on their health and opted for non-alcoholic beverages. The low-alcohol beer segment recorded a CAGR of 21.2% during 2015-2020 as major brands such as Heineken and Peroni expanded their ranges to provide more options to consumers.
Despite accounting for less than 2% of the Italian beer & cider sector, no/low-alcohol products present a significant opportunity for brands for long-term growth as consumers' drinking habits change.
Italy Beer and Cider Market Insights to 2026 report provides a complete overview of the Italy Beer and Ci......
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Germany Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Alcohol moderation emerged as a key theme in 2020. No-alcohol beers and ciders recorded growth during the year, even as the categories declined significantly. The low/no-alcohol trend is expected to gain momentum in the future as consumers become more conscious of their health and avoid or moderate their alcohol consumption. Companies also catered to the trend by launching new 0.0% ABV variants in the beer and cider categories. In addition, companies expanded their existing product portfolios through the launch of new flavors to attract customers. The no/low-alcohol products are expected to see further innovations as ......
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