Hominy Feed Market, By Type of Hominy W, By Form, By Application, By Distribution Channel, By Processing Method, By Price, By Geography

Description

The Global Hominy Feed Market size was valued at US$ 1.25 Bn in 2023 and is expected to reach US$ 1.99 Bn by 2030 and is projected to grow at a CAGR of 6.9% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 1.25 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	6.90%	2030 Value Projection:	US$ 1.99 Bn

Figure 1. Global Hominy Feed Market Share (%), by Region, 2023

The global hominy feed market has been gaining significant traction in the recent years, primarily driven by the increasing demand for animal feed products across major livestock industries worldwide. Hominy feed is derived from dried corn kernels and contains essential nutrients that helps support the growth and health of poultry and livestock. It is a rich source of carbohydrates, proteins, vitamins and minerals. The burgeoning meat consumption on the back of rising global population and economic growth has been creating high demand for quality animal feed, propelling the hominy feed market. Furthermore, hominy feed demonstrates high digestibility and palatability for animals, making it a preferred choice among feed producers. Various research initiatives focusing on leveraging the nutritional benefits of hominy feed for sustainable livestock management are further expanding the potential growth avenues for market players in the industry.

Market Dynamics:

The global hominy feed market is experiencing steady growth attributed to the factors such as rising demand for poultry and meat products, nutritional benefits of hominy feed for livestock, and extensive Research and Development (R&D) activities for product innovations. However, fluctuations in corn supply and prices along with availability of substitutes are posing challenges for the market. Meanwhile, the growing focus on organic and natural feed ingredients present bright prospects for market expansion. Major players are actively engaged in new product launches, capacity expansions and mergers and acquisitions to strengthen their global footprint and gain competitive edge. For instance, recently Cargill invested in a new feed mill facility in Thailand to cater to the rising demand from Asia Pacific region.

Key features of the study:

This report provides in-depth analysis of the global hominy feed market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hominy feed market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cargill, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Associated British Foods (ABF), Tate & Lyle, Agrana Beteiligungs AG, The Scoular Company, Grain Processing Corporation (GPC), Didion Milling
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global hominy feed market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hominy feed market.

Hominy Feed Market Detailed Segmentation:

By Type of Hominy:
- White Hominy
- Yellow Hominy
By Form:
- Whole Hominy
- Crushed Hominy
By Application:
- Livestock Feed
- Industrial Uses
- Human Consumption
By Distribution Channel:
- Direct Sales
- Indirect Sales
By Processing Method:
- Traditional
- Modern/Industrial
By Price:
- Premium
- Android Mid-range
- Low-end
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profiles:
- Cargill
- Archer Daniels Midland Company (ADM)
- Bunge Limited
- Ingredion Incorporated
- Associated British Foods (ABF)
- Tate & Lyle
- Agrana Beteiligungs AG
- The Scoular Company
- Grain Processing Corporation (GPC)
- Didion Milling

Product Code: CMI6149

Report Description
- Market Definition and Scope
Executive Summary
- Market Hominy Feed, By Type of Hominy
- Market Hominy Feed, By Form
- Market Hominy Feed, By Application
- Market Hominy Feed, By Distribution Channel
- Market Hominy Feed, By Processing Method
- Market Hominy Feed, By Price
- Market Hominy Feed, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Rising demand for cost-effective animal feed, Nutritional benefits of hominy for livestock
- Limited awareness about its benefits, Competition from alternative animal feeds, Fluctuations in corn prices
- Growing awareness of sustainable feed sources & Expansion of the livestock sector
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Hominy Feed Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Hominy Feed Market, By Type of Hominy, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
White Hominy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Yellow Hominy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Hominy Feed Market, By Form, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Whole Hominy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Crushed Hominy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

7. Global Hominy Feed Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Livestock Feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Industrial Uses
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Human Consumption
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

8. Global Hominy Feed Market, By Distribution Channel, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Direct Sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Indirect Sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

9. Global Hominy Feed Market, By Processing Method 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Traditional
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Modern/Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

10. Global Hominy Feed Market, By Price, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Premium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Android Mid-range
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Low-end
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

11. Global Hominy Feed Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hominy, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Processing Method, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price, 2023-2030,(US$ Bn)
U.S.
Canada
Europe
- Germany
- U.K.
- Spain
- France
- Russia
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
Latin America
- Brazil
- Argenrtina
- Mexico
- Rest of Latin America
Middle East & Africa
- Gcc Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East

12. Competitive Landscape

Cargill
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Archer Daniels Midland Company (ADM)
Bunge Limited
Ingredion Incorporated
Associated British Foods (ABF)
Tate & Lyle
Agrana Beteiligungs AG
The Scoular Company
Grain Processing Corporation (GPC)
Didion Milling
Analyst Views

13. Section

Research Methodology
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