“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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Nigeria 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 Nigerian economy was weakened by COVID-19 lockdowns and restrictions, weak international crude oil prices, and the increase in value-added tax (VAT) and excise tax in H1 2021. Consequently, by Q2-2020, Nigeria's GDP contracted sharply by 6.1% - its worst recession in four decades. Though the government relaxed restrictions, the pandemic continued to disrupt economic activities and social lives, affected livelihoods, and sapped expatriate remittances, as a result of which household incomes waned, and poverty levels rose during the year. Additionally, the inflation rate rose to a three-year high of 14.2% Yo......
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Netherlands 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 pandemic significantly affected the Dutch economy and caused the GDP (Gross Domestic Product) to decline by 3.8% in 2020. The first lockdown in the Netherlands was implemented in March, which led to the closure of bars and restaurants. This affected the on-premise sales of beer and cider. Though bars and restaurants were allowed to reopen in June, this was only with reduced capacity and COVID-19 safety protocols in place. A second lockdown in October followed by a third one in December further dampened the chances of a revival in sales of beer and cider in 2020.
Netherlands Beer and Cider Market Insi......
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Romania Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Alcohol consumption in Romania continued to decline in 2020 as consumers focused on their health. The health & wellness trend has been firmly gaining ground in Romania. As a result, an increasing number of consumers are trying to make healthier lifestyle choices by opting for no and low alcohol beers. This has led to an increase in the demand for beers with zero and low alcohol content, as consumers are becoming increasingly health concerned. Subsequently, due to rising consumer health concerns, no and low alcohol beers are becoming increasingly popular in the country.
Romania Beer and Cider Market Insights to 2026 r......
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Norway 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, and subsequent government response, shook up the Norwegian economy. The virus outbreak had a mixed impact on different sectors of the economy, with the service sector being the hardest hit. The pandemic containment measures imposed in March and December 2020 took a toll on the accommodation, entertainment, food service, and transportation sectors. However, the increase in energy production helped to offset declines in other core sectors to some extent. The unemployment rate rose to 4.5% in 2020 from 3.7% in 2019. To cushion the blow to consumers' purchasing power, the government provided 100% com......
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Sweden Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
Swedish consumers have developed a strong affinity for craft beers due to the unique flavors offered by these drinks and the authentic branding and uniqueness of these beverages, which is something consumers seek when shopping for craft beers. Sweden has a strong tradition of craft beer brewing, with the country being home to several small breweries producing craft products.
Craft beers registered YoY growth of 3.8% in 2020, which indicates that the beverage is gaining popularity. Craft products will play a key role in the Swedish market in the future.
Sweden Beer and Cider Market Insights to 2026 report provides a c......
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Poland Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
The Polish GDP registered a decline of 2.7% in 2020, primarily due to the fall in economic activities as a result of the COVID-19 crisis. The government offered help to hard-hit businesses by reducing the tax burden and providing financial support, as part of its Anti-Crisis Shield. In March 2020, the Polish Government announced its plan to defer retail sales tax. Furthermore, in October 2020, the government announced a relief package worth z?1.8 billion (US$465 million) for businesses affected by COVID-19 restrictions. The measure was targeted at the hospitality, entertainment, fitness, and retail industries, which we......
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South Africa Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
According to data from the World Bank, South Africa's economy registered a substantial downfall of 7% in 20201. Economic growth was primarily hampered due to COVID-19 restrictions and increased unemployment across the country, which resulted in the low expenditure of goods and services.
In addition, according to the data released by Statistics South Africa, about 2.2 million job cuts were registered across the nation during Q2 2020, compared to Q1 2020². All these factors contributed to low consumer confidence in spending, which is likely to remain prevalent in the short term.
South Africa Beer and Cider Marke......
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Portugal Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights
Summary
During the COVID-19 pandemic, Portugal went into a spending deficit of 6.5% in 2020, after having achieved its first budget surplus in 45 years in 2019. The Portuguese economy registered an annual decline of 7.6% in 2020, its largest contraction since 1936. The country's unemployment rate rose from 6.5% in 2019 to 6.8% in 2020. As concerns around health, safety, and economic uncertainty increased, consumers became hesitant to spend and cut their expenses during the year. Consumer spending was focused on necessities and products with healthy attributes. As a result, consumers sought value-for-money options and preferr......
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