After the epidemic, the market has stabilized, and ingredient producers are raising production to keep up with the expanding demand from the Alcohol Ingredients Market. Additionally, consumers' growing preference for craft beer has led to an increase in the number of craft brewers around the world, with the United Kingdom having the most locations, followed by Germany, Italy, and other countries.
This is another element propelling the global Alcohol Ingredients Market. Due to the increased demand, producers are also raising their production capacity. For instance, Angel Yeast made significant purchases and manufacturing investments in August 2021. The business announced the purchase of Bio Sunkeen for RMB 60 million in conjunction with Shandong Lufa Holding Company, a regional investment firm on the Chinese mainland (USD 9.2 million). In order to improve the quality of alcoholic beverages, manufacturers are also developing new colourants, yeast, tastes, salt, enzymes, and other components.
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