The global Alcohol Ingredients Market size was valued at $1.54 billion in 2018 and is projected to expand at a CAGR of 8% from 2021 to 2027. A key factor driving product demand includes increasing alcohol consumption worldwide. In addition, the growing adoption of Western culture in emerging regions such as Asia Pacific and rapid urbanization are driving the market growth.
A full report of Alcohol Ingredients Market available at: https://www.orionmarketreports.com/alcohol-ingredients-market/30838/
Alcohol Ingredients Market- Segmentation
On the basis of Ingredient Type
• Yeast
• Enzymes
• Colors, flavors & salts
• Others (spices, palm, and supplements)
On the basis of Beverage Type
• Beer
• Spirits
• Wine
• Whisky
• Brandy
• Others (RTDs, premixes, cider, and perry)
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