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Extra Neutral Alcohol (ENA) Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A811
Market Overview 2022-2027:
The extra neutral alcohol (ENA) market in India reached a value of INR 93 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 120.7 Billion by 2027, exhibiting a CAGR of 4.32% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Extra Neutral alcohol, or ENA, is a colourless food-grade alcohol without any impurities. It has neutral smell and taste, and typically contains 96% alcohol by volume (ABV). ENA is derived from various sources – sugar cane molasses, grains, etc. It is used in the production of alcoholic beverages such as whisky, vodka, gin, cane, liqueurs, and alcoholic fruit beverages and aperitifs. Apart from this, it also serves as an essential ingredient in the manufacturing of several cosmetics and personal care products, such as perfume, toiletries, cologne, hair spray, air fresheners, detergents, etc. As a good solvent, it is used in the production of some lacquers, paints and ink for the printing industry, besides being used in pharmaceutical products in products such as antiseptics, drug, syrups, medicated sprays, etc.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The market for ENA has gained momentum in the past few years majorly as a result of increasing consumption of alcohol in the region. In India, almost 90% of ENA is used for potable alcohol, which accounts for an annual production capacity of 3 Million Litres. These figures are further expected to increase owing to a rise in the demand for potable alcohol due to increasing disposable incomes, changing attitude towards drinking, western influence, and a gradual shift from country liquor to Indian Made Foreign Liquor (IMFL).
This report provides a deep insight into the Indian ENA industry covering all its essential aspects. It is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian Extra Neutral Alcohol (ENA) industry in any manner.
Key Aspects Analysed:
- Trends and dynamics in the ENA market.
- Impact of COVID-19 on the market.
- State wise production and consumption of ENA.
- Market breakup by application.
- Key drivers/restraints and their impact on the current and future market scenario.
- Examination of the competitive landscape.
ENA Applications Covered in This Report:
- Alcoholic Beverages
- Flavours and Fragrances
- Pharmaceuticals
- Cosmetics
- Others
ENA States Covered in This Report:
- Punjab
- Maharashtra
- Madhya Pradesh
- Uttar Pradesh
- Karnataka
- Andhra Pradesh and Telangana
- Tamil Nadu
- Haryana
- Rajasthan
- Chhattisgarh
- West Bengal
- Uttarakhand
- Kerala
- Bihar
- Odisha
- Goa
- Assam
- Delhi
- Himachal Pradesh
- Jammu and Kashmir
- Arunachal Pradesh
- Meghalaya
- Jharkhand
- Tripura
- Sikkim
Focus of the Analysis:
- Overview
- Historical and current market scenario
- Market trends
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