South Africa Extra Neutral Alcohol Market 2017 Will Generate Record Revenue by 2023 with top key players: Illovo Sugar (Pty) Ltd., NCP Alcohols (Pty) Ltd., USA Distillers, Agro Chemical and Food Company Limited (ACFC)

Extra neutral alcohol (ENA), also known as absolute alcohol, is a highly concentrated food grade alcohol, which can be produced from grain, sugarcane, corn, sugar beets, or other plant material. In Africa, it is majorly produced from sugarcane by fermentation of sugarcane juice and molasses with yeast, as it is the most economical process. It contains 96% alcohol by volume, and is majorly used in the production of potable alcohol.

Extra neutral alcohol has a neutral smell and taste. It is used as a basic alcohol in the production of distilled spirits such as vodka, whisky, gin, cane, liqueurs, and other alcoholic beverages. The South Africa extra neutral alcohol market size is expected to reach $1,064 million by the end of 2023.

Get Sample Copy of this Report @ https://www.premiummarketinsights.com/sample/AMR00013837

The growth of the extra neutral alcohol market is majorly driven by rise in consumption of alcoholic beverages. In addition, change in lifestyle & preference of consumers and the perception that consumption of alcohol is relaxing for the mind have led to increased consumption of alcoholic beverages. Moreover, rapid urbanization and increase in disposable income have enabled consumers to spend more on premium alcoholic beverages. Furthermore, change in attitude towards drinking, western influence, and easy access to alcoholic drinks are other prominent factors that have increased the consumption of alcohol among youth, thereby driving the market growth. Thus, increase in global consumption of alcoholic beverages significantly boosts the growth of the South Africa extra neutral alcohol industry.

Global South Africa Extra Neutral Alcohol Market Analysis to 2023 is a specialized and in-depth study of the South Africa Extra Neutral Alcohol industry with a focus on the global market trend. The report aims to provide an overview of global South Africa Extra Neutral Alcohol Market with detailed market segmentation by product/application and geography. South Africa Extra Neutral Alcohol Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period.

Some of the key players of South Africa Extra Neutral Alcohol Market:
Illovo Sugar (Pty) Ltd., NCP Alcohols (Pty) Ltd., USA Distillers, Agro Chemical and Food Company Limited (ACFC), Sasol Solvents, Mumias Sugar Company, Tag Solvent Products (Pty) Ltd., Swift Chemicals (Pty) Ltd., Enterprise Ethanol, and Greenpoint Alcohols (Pty) Ltd.

The Global South Africa Extra Neutral Alcohol Market research report offers an in-depth analysis of the global market, providing relevant […]

Stay in the Know!

Sign up for the latest news and information on African Companies and Economy.

By signing up, you agree to receive MoneyInAfrica offers, promotions and other commercial messages. You may unsubscribe at any time.

Leave a Reply