Corn Gluten Feed (CGF) is a co-product obtained from the wet-corn milling industry. The wet corn milling industry manufactures starch, sweeteners, syrup, and oil from corn. Corn gluten feed is an excellent feedstuff and is widely used in the beef and dairy cattle industries. It has various nutrients such as minerals, proteins, digestible fiber, and essential components.
Market Dynamics
- The growth of the global corn gluten feed market is attributed to its nutritional composition and expanding applications in the animal feed industry. The growth of the corn gluten feed market is also attributed 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. It has the 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 the animal feed industry and the rising meat consumption. The increasing consumer knowledge about animal feed and prevention against diseases caused by meat consumption, such as bird flu, and the growing meat industry in Asia Pacific and Europe are driving the growth of the global animal feed industry market, which, in turn, is fueling the growth of the corn gluten feed market. These factors are expected to drive the demand for poultry in Asia Pacific during the forecast period (2023-2030).
- The 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$ 6.88 Billion), and Compound Annual Growth Rate (CAGR 6.5%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approvals, corn gluten feed products, regional outlook, and competitive strategies adopted by the leading players
- The 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
- 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 launches, 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 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
- Aqua feed
- 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 and Africa
- Company Profiles
- Agrana Group
- Archer Daniels Midland Company
- Bunge Ltd.
- Cargill Incorporated
- Commodity Specialists Company
- Grain Processing Corporation
- Ingredion Incorporated
- Tate & Lyle Plc.
- Tereos Syral
- The Roquette Group
