Corn Gluten Meal Global Market Report 2024

Corn gluten meal, a byproduct of maize processing, is protein-rich and used in livestock feed, especially for complete protein digestion in pet food.

Corn gluten meal exists primarily in three forms: unprocessed, granulated, and pelletized. Granulated corn gluten meal, a byproduct of wet corn milling, functions as a natural pre-emergence herbicide, distinguishing itself from chemical alternatives. Derived from sources such as corn starch and corn syrup, corn gluten meal is offered in organic and conventional varieties, suitable for applications in animal feed, agricultural fertilizers, as well as garden and lawn care.

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The corn gluten meal market size has grown strongly in recent years. It will grow from $7.68 billion in 2023 to $8.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The expansion observed in the historical period can be attributed to the increasing demand for animal feed, a rise in meat consumption, the emphasis on sustainable agriculture practices, the expansion of livestock farming, and prevailing trends in global corn production.

The corn gluten meal market size is expected to see strong growth in the next few years. It will grow to $10.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. Anticipated growth in the upcoming period is expected due to the sustained growth in meat consumption, increased awareness regarding feed efficiency, the growing emphasis on plant-based proteins, the expansion of the pet food industry, and prevailing global agricultural trends. Key trends projected for this period encompass market penetration in emerging economies, adoption within aquaculture feeds, regulatory support for organic inputs, consumer preference for natural and organic products, and collaborations among stakeholders for product development within the animal feed industry.

The corn gluten meal market is anticipated to experience substantial growth due to increasing demand within the agricultural sector. Corn gluten meal serves as a nitrogen-rich natural fertilizer that decomposes slowly in the soil. Its efficacy as a pre-emergent weed control solution is noteworthy when applied generously to the soil, effectively inhibiting the growth of various broadleaf weeds such as dandelions and combating crabgrass. This efficacy is driving the demand for corn gluten meal. For example, a November 2022 article by Epic Gardening, a US-based gardening education company, highlighted the nitrogen-rich nature of corn gluten, sourced from the protein in the corn kernel's endosperm. Wet-milled gluten typically contains around 60% protein, while other processing methods may produce a variant with 20% protein, which is less effective. The higher protein content results in a slower nitrogen release, providing nourishment to the soil and contributing organic matter as it decomposes. Corn gluten meal stands out as a natural and excellent nitrogen supplier in the form of fertilizer, commonly having an NPK ratio of 10-0-0. Its slow breakdown process in the soil can take up to two months. Consequently, the escalating demand for corn gluten meals in agricultural applications is the primary driver behind the growth of the corn gluten meal market.

The increasing demand for animal feed is set to drive substantial growth within the corn gluten meal market. This naturally occurring product boasts a high protein content, making it a valuable and nutritious ingredient in animal feed formulations, particularly for livestock. Additionally, corn gluten meal contributes essential nutritional fiber to the animal feed. For example, in June 2022, Statistics Canada, a government agency, reported a 1.4% increase in poultry production, with poultry growers producing 1.5 billion kg of chicken, turkey, and stewing hens. Concurrently, sales of poultry meat surged by 14.9%. This uptick in demand for animal feed, fueled by the expanding poultry industry, serves as a significant driver behind the growth trajectory of the corn gluten meal market.

Major companies within the corn gluten meal market are actively incorporating innovative technological advancements to maintain their competitive edge. An example of this is Si-Ware Systems, a US-based semiconductor product manufacturer specializing in material sensing applications. In September 2022, they introduced a portable FT-NIR analyzer designed to swiftly evaluate feeds, feed ingredients, forages, pet food, agricultural products, and various food ingredients on-site. This analyzer employs FT-NIR spectral scanning technology, allowing for rapid measurement of nutrient content and protein levels in raw materials. This real-time data empowers decision-making processes to optimize feed production while reducing overall input costs. Si-Ware Systems anticipates that this technology, particularly for assessing input raw materials such as soybean meals and corn gluten meals, will result in long-term cost savings for businesses in the industry.

Major companies in the corn gluten meal market are innovating by introducing novel products tailored to provide nutritious and appealing foods for infants, such as gluten-free corn infant cereal. For instance, in February 2023, Beech-Nut Baby Food, a New York-based company renowned for offering high-quality, real, and delicious baby and toddler foods, launched the Golden Corn Maize Cereal. This cereal, crafted from ground corn flour, serves as a delightful introduction to solid foods for infants, recommended for use as early as four to six months, or as advised by a pediatrician. Designed to commemorate a milestone in a baby's growth, this cereal is gentle on delicate stomachs when prepared correctly. It provides infants with essential nutrients, offering 60% of the daily value of iron, 25% of zinc, and 20% of vitamin D. The Golden Corn Infant Cereal has gained popularity among parents seeking a gluten-free, rice-free, and non-GMO option for their babies, facilitating healthy growth and development.

In February 2022, Cargill Inc., a leading provider of agricultural products and services in the United States, collaborated with Golden Growers Cooperative (GGC), an agricultural cooperative association also based in the US, to acquire ProGold, LLC. The financial details of the acquisition were undisclosed. This strategic acquisition is aimed at leveraging the collective strengths of both entities, fostering a robust foundation for sustainable and reliable production of corn-based ingredients to meet consumer demands. ProGold, LLC, the acquired company, specializes in the production of high fructose corn sweeteners, corn gluten meal, and corn gluten feed within the United States.

Major companies operating in the corn gluten meal market report are Valero Energy Corporation, Cargill Incorporated, Archer Daniels Midland Company, Bunge Limited, Zhucheng XingMao Corn Development Co. Ltd., Andersons Inc., Ingredion Inc., Glanbia PLC, Roquette Freres, Tereos Group, Meihua Holdings Group Co. Ltd., Green Plains Incorporated, AGRANA Beteiligungs-AG, Qingyuan Group, Tate & Lyle Sugars & Food Ingredients Inc., Abengoa Bioenergy S.A., SunOpta Inc., Pacific Ethanol Inc., Borregaard ASA, The Scoular Company, Grain Processing Corporation, Gulshan Polyols Limited, Elevance Renewable Sciences Inc., Trouw Nutrition (Nutreco), Zeeland Farm Services Inc., Global Bio-Chem Technology Group Company Limited, Vitusa Products Inc., Michigan Agricultural Commodities, AGRI International LLC, Calgren Renewable Fuels, Sodrugestvo Group SA, Prorich Agro Industries Private Limited, Ferro Corporation, Alltech, AminoMax (Grain Craft), Land O'Lakes Inc.

Asia-Pacific was the largest region in the corn gluten meal market in 2023. The regions covered in the corn gluten meal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the corn gluten meal market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The corn gluten meal market consists of sales of corn gluten meal products such as deffated corn germ protein, corn meal, and corn protein isolate. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Corn Gluten Meal Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on corn gluten meal market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for corn gluten meal ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The corn gluten meal market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Form: Unprocessed Corn Gluten Meal; Granulated Corn Gluten Meal; Pelletized Corn Gluten Meal
• 2) By Nature: Organic; Conventional
• 3) By Source: Corn Starch; Corn Syrup
• 4) By Application: Animal Feed; Agriculture Fertilizer; Garden And Lawn
• Companies Mentioned: Valero Energy Corporation; Cargill Incorporated; Archer Daniels Midland Company; Bunge Limited; Zhucheng XingMao Corn Development Co. Ltd
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.