According to the latest report by IMARC Group, titled “Extra Neutral Alcohol (ENA) Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the extra neutral alcohol (ENA) market in India size reached INR 93 Billion in 2021. Extra neutral alcohol (ENA), also known as surfin, refers to a high distilled, food-grade alcohol with no impurities and an ethanol grade of 96% alcohol by volume (ABV) or higher. It appears as a colorless liquid and has a neutral taste and smell. It is manufactured using different raw materials, such as sugarcane molasses and grains (rye, wheat, corn, rice, and barley). It is primarily utilized as a base ingredient in spirits and alcoholic beverages, including vodka, whiskey, gin, liqueurs, cane, and other alcoholic fruit beverages. It is also used in the production of cleaning products, sanitizers, paints, inks, varnishes, lacquers, vinegar, and apple cider.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Extra Neutral Alcohol (ENA) Market in India Trends:
The increasing production and consumption of potable alcohol in India due to inflating consumer disposable incomes, rising western influence, and changing attitude toward drinking represent the primary factors driving the market growth. Besides this, there has been a significant shift from country liquor to Indian Made Foreign Liquor (IMFL), which is another major growth-inducing factor. Additionally, the emerging applications of ENA across various end use industries have catalyzed the market growth. For instance, ENA is widely employed in manufacturing pharmaceutical products, such as drugs, antiseptics, medicated sprays, vaccines, antibiotics, pills, and syrups. Moreover, it is extensively utilized as a preservative and for antibacterial purposes in various cosmetics and personal care products, such as perfumes, deodorants, hair sprays, cologne, air fresheners, detergents, lotions, shampoos, and toiletries. Furthermore, the surging sales of sanitizers amid the recent coronavirus disease (COVID-19) outbreak has augmented the demand for ENA. Other factors, including the growing product usage as a solvent for flavoring and coloring agents, rapid urbanization, and improving living standards, are also creating a favorable market outlook. Looking forward, the market is expected to grow at a CAGR of 4.32% during the forecast period (2022-2027).
- Based on the application, the market has been divided into alcoholic beverages, flavours and fragrances, pharmaceuticals, cosmetics, and others.
- Region-wise, the market has been segmented into 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, and Sikkim.
- The competitive landscape of the market has also been analyzed, along with the detailed profiles of the key players.
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