Report overview
Alcohol-based concentrates are a concentrated formula of a liqueur along with a blend of different ingredients. The concentrates are a blend of different concentrates mixed with a highly concentrated alcohol base. Alcohol-based concentrates are used in confectionery and ice-creams, owing to their enhanced flavor and alcohol strength. The alcohol component present in alcohol-based concentrates act as a carrier of concentrates blended in it. These concentrates are predominantly used in flavoring chocolates, cakes, etc. It is also used in form of gel to flavor sauces and salads.?
This report aims to provide a comprehensive presentation of the global market for Alcohol Based Concentrates, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alcohol Based Concentrates. This report contains market size and forecasts of Alcohol Based Concentrates in global, including the following market information:
Global Alcohol Based Concentrates Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Alcohol Based Concentrates Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Alcohol Based Concentrates companies in 2022 (%)
The global Alcohol Based Concentrates market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
According to the recent past activities in various regions in the world, it can be concluded that consumption of alcohol or alcohol-based products has become an accompaniment for a number of reasons such as celebrations, commiserations, the end of the working day, and others. In many developed regions such as Europe, Canada, the U.S., alcohol is a socially accepted part of their daily life. Younger population of the world is influenced by their peer group or peer thinking, which is a factor driving the growth of the alcohol-based market. Changing lifestyles, an influence of social media and Internet, increasing social parties, adolescents with high social network influence, greater family incomes, and others have easier access to alcoholic drinks and alcoholic products, which is also driving demand for alcohol. Moreover, globally, the gender gap in terms of alcohol consumption is closing as there is increasing acceptance of female drinking in the societal norms. Because of all these factors, people are attracted towards alcohol and alcohol-based products, which is driving the growth of the alcohol-based flavor market and this is expected to continue over the forecast period. According to WHO, in 2005, the worldwide consumption of alcoholic beverages was around 6.13 liters of pure alcohol per person, who were above 15 years of age. The highest consumption level was mostly found in the Northern Hemisphere and also in the areas of Argentina, Australia, and New Zealand. There are various disadvantages and risks which can be caused by advertisements of alcohol-based products, publicly. There are foods, which contain the high volume of alcohol and if are exhibited publicly may cause harm to the image of the product. Consumers are looking towards clean-label products since the recent past and thus, if the alcohol-based products are advertised, consumers would not prefer it because of the adverse health effects of alcohol. Moreover, attracted to the advertisements, children may consume alcohol unintentionally while consuming the products. Due to this, the taste of alcohol can get familiarized among children. By consuming alcohol flavored products, children have the chance to get used to the taste of alcohol before they reach the legal drinking age. However, the alcohol in food is also hidden for recovering addicts.
We surveyed the Alcohol Based Concentrates manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alcohol Based Concentrates Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alcohol Based Concentrates Market Segment Percentages, by Type, 2022 (%)
Amaretto
Blueberry
Butterscotch
Cherry Brandy
Creme De Cacao
Peach
Others
Global Alcohol Based Concentrates Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alcohol Based Concentrates Market Segment Percentages, by Application, 2022 (%)
Chocolate
Bakery
Food and Beverage
Others
Global Alcohol Based Concentrates Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Alcohol Based Concentrates Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alcohol Based Concentrates revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Alcohol Based Concentrates revenues share in global market, 2022 (%)
Key companies Alcohol Based Concentrates sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Alcohol Based Concentrates sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Givaudan
D?hler
Kerry Group
Firmenich International
Symrise
Sensient Flavors International
Frutarom Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alcohol Based Concentrates, market overview.
Chapter 2: Global Alcohol Based Concentrates market size in revenue and volume.
Chapter 3: Detailed analysis of Alcohol Based Concentrates manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Alcohol Based Concentrates in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Alcohol Based Concentrates capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
