Allied Market Research

2024

Corn Wet-milling Market

Corn Wet-Milling Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, by End Product, by Source and by Equipment : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Growing demand for maize ethanol as a biofuel is likely to open up new business opportunities. Corn starch's increasing multifunctionality in non-food applications is projected to boost market expansion. Other factors such as the growing popularity of high fructose corn syrup in processed foods and beverages, rising consumption of corn gluten meal-based animal feed products, increasing usage of gluten meal in animal feed, and increasing awareness about the benefits of wet milling products will help to accelerate the corn wet-milling market in the coming years.

COVID-19 Impact analysis

  • The spread of COVID-19 prompted strict lockdown in several parts of the world, hampering a variety of sectors. 
  • Supply chain disruption, restrictions on shipping and trade, and the shutdown of critical manufacturers are just a few of the reasons that have had an influence on the broader economy. 
  • The food business was also affected by the pandemic. 
  • The food and agriculture industries are labor-intensive, social distancing rules impeded the production capacity of corn protein manufacturers during the early stages of the pandemic.

Top Impacting Factors

  • Demand for high-fructose corn syrup in processed foods and beverages is increasing.
  • Consumption of corn gluten meal-based feed products is on the rise.
  • Cornstarch's multifunctionality in non-food applications

Market Trends

The global market is driven by increased demand for high fructose corn syrup in processed foods and beverages.

Increased demand for HFCS in the carbonated beverage sector as a result of its 55 percent fructose concentration, which makes it sweeter than sucrose and lowers manufacturing costs. Increased demand for HFCS, which is the major product manufactured in the wet-milling process, is projected to drive the corn wet-milling market in the near future. Regardless of the worldwide economic slowdown, the global beverage business is predicted to grow dramatically. This rise in sales of ready-to-drink beverages, such as carbonated and dairy beverages, tea, fruit drinks, and alcoholic beverages including beer, ciders, and malted beverages, is a major contributor to the growth.

Increased uses of gluten in animal feed

The global corn wet-milling market is growing due to rising demand for the benefits of corn wet-milling. Corn's multifunctionality is increasing, which is driving global market growth. Gluten meal is widely utilized in animal feed and is projected to have an impact on the growth of the worldwide maize wet-milling industry. Protein, digestible fiber, methionine, cysteine, and a high level of energy are all found in wet-milling products. In contrast, strong government regulations enacted to raise quality standards and improve health and safety constrain the global market.

Key Benefits of the Report

  • This study presents the analytical depiction of the Corn Wet-Milling Market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Corn Wet-Milling Market share.
  • The current market is quantitatively analyzed to highlight the Corn Wet-Milling Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Corn Wet-Milling Market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Who are the leading market players active in the Corn Wet-Milling Market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is "Corn Wet-Milling Market" prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?

Corn Wet-Milling Market Report Highlights

Aspects Details
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By Application
  • Feed
  • Food
  • Industrial
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By End Product
  • Starches
  • Sweeteners
  • Ethanol
  • Gluten Feed
  • Gluten Meal
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By Source
  • Dent
  • Waxy
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By Equipment
  • Milling
  • Steeping
  • Centrifuge System
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Archer Daniels Midland Company, Grain Processing Corporation, Bunge Limited, Incorporated, The Roquette Freres, Agrana Beteiligungs-AG, Global Bio-Chem Technology Group Company Limited, Ingredion Incorporated, China Agri-Industries Holding Limited, Cargill, Tate & Lyle PLC

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Corn Wet-Milling Market

Global Opportunity Analysis and Industry Forecast, 2023-2032