Product Code: ETC8841589 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Food grade alcohol, also known as ethyl alcohol or ethanol, is used in food processing as a solvent, preservative, and carrier for flavors and colors. In the Philippines, this market supports confectionery, extracts, and beverage manufacturing. Regulatory oversight ensures product purity and safety, while local production and imports cater to growing demand. The rise in herbal extracts, tinctures, and fortified foods further fuels market growth.
The Food Grade Alcohol market in the Philippines is growing due to its diverse applications in food processing, flavor extraction, and sanitization. Demand from beverage manufacturers and the confectionery industry remains high. Additionally, the surge in health and hygiene consciousness has increased the use of food-grade alcohol in surface and hand sanitizers.
The food grade alcohol market faces tight regulation, high excise taxes, and strict quality standards. One of the main challenges is the cost disparity between food-grade and industrial-grade alcohol, making it difficult for small food and beverage processors to afford consistent supply. Moreover, volatility in the sugarcane and molasses markets, the primary feedstocks, leads to fluctuating alcohol prices. Smuggling and the presence of illicit alcohol further disrupt formal market dynamics and undermine regulatory efforts.
The Food Grade Alcohol market in the Philippines is vital for the production of flavor extracts, beverages, and sanitization purposes. Demand is being driven by the food processing, pharmaceutical, and beverage industries. Investors can consider opportunities in sustainable ethanol production from sugarcane or coconut waste, expanding refining capacity, and catering to both domestic and export needs.
The Food Grade Alcohol market in the Philippines is closely regulated by the FDA and the Bureau of Internal Revenue (BIR). These agencies ensure that food-grade alcohol meets strict quality standards, particularly for use in food and beverage products such as flavorings, preservatives, and cooking ingredients. Policies focus on controlling the production, distribution, and use of alcohol to ensure that it is safe for consumption and does not pose a risk to public health.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Food Grade Alcohol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Food Grade Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Food Grade Alcohol Market - Industry Life Cycle |
3.4 Philippines Food Grade Alcohol Market - Porter's Five Forces |
3.5 Philippines Food Grade Alcohol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Food Grade Alcohol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Food Grade Alcohol Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Philippines Food Grade Alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Food Grade Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Food Grade Alcohol Market Trends |
6 Philippines Food Grade Alcohol Market, By Types |
6.1 Philippines Food Grade Alcohol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Food Grade Alcohol Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Food Grade Alcohol Market Revenues & Volume, By Ethanol, 2021- 2031F |
6.1.4 Philippines Food Grade Alcohol Market Revenues & Volume, By Polyols, 2021- 2031F |
6.2 Philippines Food Grade Alcohol Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Food Grade Alcohol Market Revenues & Volume, By Molasses & Sugarcane, 2021- 2031F |
6.2.3 Philippines Food Grade Alcohol Market Revenues & Volume, By Fruits, 2021- 2031F |
6.2.4 Philippines Food Grade Alcohol Market Revenues & Volume, By Grains, 2021- 2031F |
6.2.5 Philippines Food Grade Alcohol Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Philippines Food Grade Alcohol Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Philippines Food Grade Alcohol Market Revenues & Volume, By Coatings, 2021- 2031F |
6.3.3 Philippines Food Grade Alcohol Market Revenues & Volume, By Preservative, 2021- 2031F |
6.3.4 Philippines Food Grade Alcohol Market Revenues & Volume, By Coloring & Flavoring Agent, 2021- 2031F |
6.3.5 Philippines Food Grade Alcohol Market Revenues & Volume, By Other, 2021- 2031F |
6.4 Philippines Food Grade Alcohol Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Food Grade Alcohol Market Revenues & Volume, By Healthcare & Pharmaceutical, 2021- 2031F |
6.4.3 Philippines Food Grade Alcohol Market Revenues & Volume, By Food, 2021- 2031F |
6.4.4 Philippines Food Grade Alcohol Market Revenues & Volume, By Beverage, 2021- 2031F |
6.4.5 Philippines Food Grade Alcohol Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.4.6 Philippines Food Grade Alcohol Market Revenues & Volume, By Other, 2021- 2031F |
7 Philippines Food Grade Alcohol Market Import-Export Trade Statistics |
7.1 Philippines Food Grade Alcohol Market Export to Major Countries |
7.2 Philippines Food Grade Alcohol Market Imports from Major Countries |
8 Philippines Food Grade Alcohol Market Key Performance Indicators |
9 Philippines Food Grade Alcohol Market - Opportunity Assessment |
9.1 Philippines Food Grade Alcohol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Food Grade Alcohol Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Food Grade Alcohol Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Philippines Food Grade Alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Food Grade Alcohol Market - Competitive Landscape |
10.1 Philippines Food Grade Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Food Grade Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |