Global Corn Gluten Feed Market Is Projected to Reach US$ 9279.4 Mn by 2027, Says Coherent Market Insights

SEATTLE--()--Gluten feed is procured as a by-product during the manufacturing process of corn starch and corn syrup. Corn gluten feed usually contains maize bran, maize steep liquor, germ meal, and cracked maize screenings.

Statistics:

The global corn gluten feed market is expected to account for US$ 9,279.4 Mn, in terms of value, by the end of 2027, registering a CAGR of 4.12%.

Global Corn Gluten Feed Market: Drivers

The corn gluten feed market is expected to be driven by several factors such as the increase in animal welfare outlay, growing food safety concerns, adoption of gluten feed as a substitute to fishmeal in aquaculture, and increasing demand for protein-rich animal feed. Furthermore, upsurge in the income level, preference for healthy meat and livestock products, and cost-effectiveness of gluten feed products act as drivers to stimulate growth of the market. According to the U.S. grains council, for the marketing year ending on August 31, 2019, more than 1.86 million tons of corn gluten feed and corn gluten meal left the U.S. for the export market. Ireland (23 percent) was the top user of U.S. corn gluten feed and meal, followed by Israel (12 percent) and Indonesia (9 percent). Thus, with these tremendous exports, it can be said that the global corn gluten feed market is driven by the trends in the U.S. market.

Global Corn Gluten Feed Market: Opportunities

The shift towards the adoption of organic foods and byproducts for animal feed is expected to provide numerous growth opportunities for the market over the forecast period. The corn gluten feed is also being used as a feed improver in cattle diets, which act as a source of protein and energy, making it easier to digest.

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Market Restraints

The growth of the market would be restrained by the lack of responsiveness about the product in certain regions, adverse reactions associated with the gluten, rigorous guidelines about the safety, and availability of other protein feeds in the market.

Key Takeaways:

Amongst the product type, the dry corn gluten feed segment holds the largest share in the global corn gluten feed market. Dry corn gluten feed is being processed by using the dry-milling process. Dry-milling process is less capital intensive and involves grinding corn into a coarse flour, which is then combined with water and enzymes to convert the starch to sugar. This product, referred to as mash, is then cooked and sterilized. After cooling, yeast is added to the mash and the sugar is converted to ethanol and carbon dioxide during the fermentation stage. The mash is sent to distillation and ethanol is extracted. The spent mash goes to a screen where the liquid distiller soluble or thin stillage either goes back into the cooking system or is sold as livestock feed. Also, during processing, some corn oil is removed to balance the protein and energy content of the final feed and pet food products.

Market Trends:

Major players in the market are focused on expanding their production capabilities, with the objective of gaining a significant market share in the existing markets and expanding their operations in new markets. For instance, in January 2016, Cargill, Inc. inaugurated its wet corn milling plant in Karnataka, India. This plant has a capacity of 800 tons of corn per day and is expected to further increase its production capacity and help the company expand its customer base in India.

Competitive Landscape:

Major players operating in the global corn gluten feed market include Agrana Group, Archer Daniels Midland Company, Bunge Ltd., Cargill Incorporated, Commodity Specialists Company, Grain Processing Corporation, Ingredion Incorporated, Tate & Lyle Plc., Tereos Syral, and The Roquette Group among others.

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Market Segmentation:

By Nature

  • Organic
  • Conventional

By Product Type

  • Wet corn gluten feed
  • Dry corn gluten feed

By Application

  • Ruminant animals
  • Poultry animals
  • Pet food
  • Aquafeed
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.

Contacts

Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter

Release Summary

Corn Gluten Feed Market is poised to reach US$ 9,279.4 Mn by 20207, registering a CAGR of 4.12%.

Contacts

Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter