Corn Gluten Meal Market - Trends Forecast Till 2030

Market Snapshot

Market Overview

The global Corn Gluten Meal Market size is expected to reach USD 11.8 billion and is projected to reach a CAGR of 4.3% from 2023-2030.

The corn gluten meal market refers to the global trade of a by-product of corn processing, which is primarily used as an animal feed ingredient. Corn gluten meal is a high-protein, low-fat substance that is obtained by separating the gluten, starch, and fiber from corn. It is commonly used as a substitute for soybean meal in animal feed, particularly in the diets of poultry and livestock.

The global corn gluten meal market has been growing steadily over the past few years due to the increasing demand for high-quality animal feed ingredients. The market is driven by several factors, including the growing demand for meat and dairy products, the rising awareness of the health benefits of corn gluten meal, and the growing demand for sustainable and environmentally friendly animal feed.

The corn gluten meal market is expected to continue to grow in the coming years, driven by the increasing demand for high-quality animal feed ingredients, the rising awareness of the health benefits of corn gluten meal, and the growing demand for sustainable and environmentally friendly animal feed. However, the market may face challenges such as volatility in the price of corn, increasing competition from other protein sources, and regulatory challenges related to the use of animal feed ingredients.

Nearly every business has been impacted by the unmatched worldwide public health emergency known as COVID-19, and the long-term impacts are expected to have an influence on industry growth throughout the course of the projection period. The insights on COVID-19 take into account changes in consumer demand and behavior, buying habits, supply chain rerouting, dynamics of contemporary market forces, and substantial government initiatives. Insights, analyses, projections, and predictions are provided in the revised report, which takes the market effect of COVID-19 into account.

Delvens Industry Expert's Standpoint

The corn gluten meal market is expected to continue to grow, driven by the increasing demand for high-quality animal feed ingredients and the growing awareness of the health benefits of corn gluten meal. The market is segmented by source, grade, application, and geography. The demand for yellow corn gluten meal, feed-grade corn gluten meal, and poultry feed and livestock feed segments is expected to continue to grow. The Asia-Pacific region is expected to remain the largest market for corn gluten meal, followed by North America and Europe. The market is highly competitive, with major players such as Tate & Lyle, ADM, Cargill, and Ingredion operating in the market.

Market Portfolio

Key Findings

• The source segment is further segmented into Yellow corn gluten mean and White corn gluten meal. based on the type of corn used in the production process. Yellow corn gluten meal is the most commonly used type of corn gluten meal. The demand for yellow corn gluten meal is expected to continue to grow, as it is the most commonly used type of corn gluten meal. White corn gluten meal is also expected to grow, albeit at a slower rate.

• The grade segment is further fragmented into Food grade and Feed grade. The food-grade corn gluten meal is used in the production of human food products, while feed-grade corn gluten meal is used in animal feed products. The demand for feed-grade corn gluten meal is expected to continue to grow, driven by the increasing demand for high-quality animal feed ingredients. The food-grade segment is also expected to grow, driven by the increasing demand for natural and gluten-free food products.
   
• The Application segment is further segmented into Poultry Feed, Livestock Feed, Pet Food, Aquafeed, and Others. The poultry and livestock feed segments are the largest application segments, driven by the growing demand for high-quality animal feed ingredients. The pet food segment is also growing, driven by the increasing demand for premium pet food products. The poultry feed and livestock feed segments are expected to continue to be the largest application segments, driven by the growing demand for high-quality animal feed ingredients. The pet food segment is also expected to grow, driven by the increasing demand for premium pet food products.
   
• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The Asia-Pacific region is expected to continue to be the largest market for corn gluten meal, driven by the increasing demand for meat and dairy products in the region. North America and Europe are also expected to see growth, driven by the growing demand for sustainable and environmentally friendly animal feed ingredients. Latin America and the Middle East & Africa are also expected to see growth, driven by the increasing demand for high-quality animal feed ingredients.

Regional Analysis

Asia-Pacific to Dominate the Market

• The Asia-Pacific region is currently the largest market for corn gluten meal, with China being the largest producer and consumer of corn gluten meal.
   
• The demand for corn gluten meal in this region is driven by the increasing demand for meat and dairy products and the growing awareness of the health benefits of corn gluten meal.

Competitive Landscape

• Cargill Inc.
• Archer Daniels Midland Company
• Tate & Lyle PLC
• Ingredion Incorporated
• Roquette Freres
• Tereos Syral
• Agrana Beteiligungs-AG
• Gulshan Polyols Ltd.
• Sanstar Bio-Polymers Ltd.
• Paramesu Biotech Pvt Ltd.

Recent Developments

• Cargill Inc. announced in 2021 that it is investing $475 million to expand its corn milling facility in Iowa, which will include a new corn wet mill and a dedicated plant for producing corn-based feed ingredients, including corn gluten meal.
   
• Archer Daniels Midland Company (ADM) announced in 2020 that it is expanding its pet food ingredient production capacity in North America, including its production of corn gluten meal.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
   
• Gain authentic and granular data access for Corn Gluten Meal Market so as to understand the trends and the factors involved in changing market situations
   
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
   
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope