Forecasting the Food Grade Alcohol Market’s 3.6% CAGR Growth from 2023 to 2032
The Food-Grade Alcohol Market, valued at $3,264.02 million in 2022, is projected to expand at a Compound Annual Growth Rate (CAGR) of 3.6% over the forecast period. This growth is driven by increasing consumer preferences for natural and organic food and beverage products, highlighting the importance of food-grade alcohol derived from renewable and sustainable sources.