The global corn gluten feed market is projected to reach around US$ 9,279.4 Mn by the end of 2027, in terms of revenue, exhibiting a CAGR of 4.1% during the forecast period (2020-2027).
Gluten feed is a by-product of the milling process and a fodder for livestock. It contains proteins, making the feed rich in digestible fiber and minerals crucial for animals. The corn gluten feed market mainly comprises feed for poultry, cattle, swine, and aquaculture. Adequate quantity of phosphorus, proteins, and dietary fibers are required for a healthy livestock. Corn gluten is a rich source of energy and is a common component of ruminant diets, followed by wheat gluten. The ingredients of corn gluten feed include maize steep liquor, germ meal, cracked maize screenings, and negligible quantities of other end-products from new microbial fermentations. The growth of the global corn gluten feed market is driven by the rising demand in emerging economies for gluten feed & corn gluten feed, owing to these numerous benefits. This demand is further driven by the cost-effectiveness of corn gluten feed as compared to other grain-based feed.
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Global is expected to have high consumption in the next few years. For the demand for Corn Gluten Feed, the price and is expected to increase but on a small scale. Market Segment by Manufacturers, this report covers: 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
The Global Corn Gluten Feed Market evaluated the report on the basis of various attributes such as manufacturing base, products or services, and raw material to understand the requirements of the businesses. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses.
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Animal feed industry is experiencing a significant growth in the recent past, globally. The animal feed has a significant contribution in the global food industry. Feed is considered as an essential component to ensure safe, ample, and affordable animal proteins.
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Years Considered to Estimate the Corn Gluten Feed Market Size:
History Year: 2015-2019
Base Year: 2021
Estimated Year: 2021
Forecast Year: 2021-2028
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