Corn gluten feed (CGF) is a co-product obtained from wet-corn milling industry. The wet corn milling industry manufactures starch, sweeteners, syrup, and oil from corn. The corn gluten feed is an excellent feedstuff and is widely used in the beef and dairy cattle industry. Corn gluten feed has numerous nutrients such as minerals, proteins, digestible fiber, and essential components.
Market Dynamics
The growth of the global corn gluten feed market is attributable to its nutritional composition and expanding applications in animal feed industry. The growth of the corn gluten feed market is also attributable to the increasing production of compound and commercial feed. Corn gluten feed has rich protein and fiber ingredients, which provide nutrients for better growth and improved health. Corn gluten feed has similar protein source as soybean meal and higher digestible energy, protein, and phosphorus.
Corn gluten feed is witnessing huge demand across the globe, especially with the increasing demand from animal feed industry and the increasing meat consumption. Increasing consumer knowledge on animal feed and prevention against diseases caused by meat consumption such as bird flu, etc. and growing meat industry in Asia Pacific and Europe are key factors driving growth of the global animal feed industry market, which in turn is driving growth of the corn gluten feed market. For instance, according to the U.S. Food & Agricultural Organization (FAO), the per capita consumption of poultry products was pegged at 48.7 kg and 44.1 kg in Malaysia and Australia, respectively, in 2018. These factors are expected to drive demand for poultry in Asia Pacific during the forecast period (2020-2027).
Major players operating in 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.
Key features of the study:
- This report provides an in-depth analysis of the global corn gluten feed market, market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2030).considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, corn gluten feed products, regional outlook, and competitive strategies adopted by the leading players.
- Key companies covered as a part of this study 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
- It profiles leading players in the global corn gluten feed market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
- The global corn gluten feed market report caters to various stakeholders in this industry, including investors, product developers, distributors, corn gluten feed manufacturing companies, research institutes, new entrants, and financial analysts
- Stakeholders would greatly benefit in decision-making through various strategy matrices used in analyzing the global corn gluten feed market
Detailed Segmentation:
- Global Corn Gluten Feed Market, By Nature:
- Global Corn Gluten Feed Market, By Product Type:
- Wet corn gluten feed
- Dry corn gluten feed
- Global Corn Gluten Feed Market, By Application:
- Ruminant animals
- Poultry animals
- Pet food
- Aquafeed
- Others
- Global Corn Gluten Feed Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- Agrana Group *
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Archer Daniels Midland Company
- Bunge Ltd.
- Cargill Incorporated
- Commodity Specialists Company
- Grain Processing Corporation
- Ingredion Incorporated
- Tate & Lyle Plc.
- Tereos Syral
- The Roquette Group
"*" marked represents similar segmentation in other categories in the respective section