26.12.2018 Views

Corn Wet Milling Market Drivers, Product Scope and Emerging Countries Forecasts by 2018-2025

Corn Wet Milling Market Estimated to develop at a substantial CAGR for the duration of the prediction period. The market research report delivers an exceptional means for assessing the market, emphasizing openings, and backing up the planned and calculated policymaking.

Corn Wet Milling Market Estimated to develop at a substantial CAGR for the duration of the prediction period. The market research report delivers an exceptional means for assessing the market, emphasizing openings, and backing up the planned and calculated policymaking.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Corn</strong> <strong>Wet</strong> <strong>Milling</strong> <strong>Market</strong> <strong>Drivers</strong>, <strong>Product</strong> <strong>Scope</strong> <strong>and</strong> <strong>Emerging</strong><br />

<strong>Countries</strong> <strong>Forecasts</strong> <strong>by</strong> <strong>2018</strong>-<strong>2025</strong><br />

“<strong>Corn</strong> <strong>Wet</strong> <strong>Milling</strong> <strong>Market</strong> Estimated to develop at a substantial CAGR for the<br />

duration of the prediction period. The market research report delivers an<br />

exceptional means for assessing the market, emphasizing openings, <strong>and</strong><br />

backing up the planned <strong>and</strong> calculated policymaking.”<br />

The <strong>Corn</strong> <strong>Wet</strong> <strong>Milling</strong> <strong>Market</strong> is expected to grow globally at a considerable CAGR over the forecast period. Key<br />

drivers for this market are the burgeoning dem<strong>and</strong> for High Fructose <strong>Corn</strong> Syrup (HFCS) in processed beverages<br />

<strong>and</strong> food, MEAI – based animal feed products, prolific use of corn starch in sundry applications, <strong>and</strong> corn ethanol<br />

in biofuel. On the other h<strong>and</strong>, high energy consumption <strong>and</strong> the large capital investment needed are restraining<br />

market growth. Hazardous emissions which are a <strong>by</strong>-product of the process pose to be a challenge for the<br />

market. The market ecosystem is comprised of corn product manufacturers, regulatory bodies, <strong>and</strong> the end user<br />

industries. This is a horizontal market with different industry verticals including food & beverages, animal feed,<br />

pharmaceuticals, healthcare, textiles, <strong>and</strong> personal care.<br />

<strong>Corn</strong> wet milling process involves production of corn oil, corn starch, fiber, <strong>and</strong> protein from corn. The<br />

chronological steps in corn wet milling process are cleaning, steeping, germ recovery, fiber recovery, Gluten<br />

recovery, starch processing, <strong>and</strong> co-product manufacture. Thus, four main components – starch, fiber, germ,<br />

<strong>and</strong> gluten (protein) are separated. The protein rich extract produced from steeping is used in animal feed <strong>and</strong><br />

probiotic products. Oil is recovered from germ <strong>and</strong> used in corn margarines, <strong>and</strong> the residual germ feed is a<br />

good source of amino acids used in animal feed for adding nutrients. Fiber recovered is known as Gluten feed<br />

which is used as edible corn fiber <strong>and</strong> in animal feed.<br />

Request Sample Copy of this <strong>Market</strong> Research @<br />

https://www.millioninsights.com/industry-reports/corn-wet-milling-market/request-sample


Millstarch obtained during gluten recovery is used in zein products. Co-product is manufactured <strong>by</strong> mixing fibre,<br />

concentrated steepwater, <strong>and</strong> germ meal, <strong>and</strong> is termed as corn gluten feed. The ongoing research for<br />

improving the corn wet milling process includes adding protease enzymes <strong>and</strong> phytic acid degrading enzyme<br />

during steeping process to reduce steeping time, <strong>and</strong> has presented a two-stage procedure.<br />

<strong>Corn</strong> wet milling market is segmented on the basis of application, source, end product, equipment, <strong>and</strong> the<br />

geographical region. The segments based on application are feed, food, <strong>and</strong> industrial. The segments based on<br />

source are waxy corn <strong>and</strong> dent corn. End products are starches, ethanol, sweeteners, gluten meal, gluten feed,<br />

step liqor, corn oil, <strong>and</strong> corn germ meal. Equipment based segments include milling equipment, washing <strong>and</strong><br />

filtration systems, steeping equipment, centrifuge systems, <strong>and</strong> other equipment.<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/corn-wet-milling-market<br />

Amongst the application based segments, feed application leads the current market. This can be attributed to<br />

growing dem<strong>and</strong> for feed containing animal proteins in the meat industry, <strong>and</strong> gluten meal has abundant<br />

proteins. Dent corn is widely used for producing corn syrup <strong>and</strong> ethanol. Centrifuge systems used for starch<br />

recovery have so far dominated the market. Sweeteners hold the largest market share <strong>and</strong> will continue to ace<br />

the market in the forecast period. Application of corn sweeteners in the food industry is driving market growth.<br />

North America currently leads the corn wet milling market due to presence of various end user industries. Asia<br />

Pacific is expected to have a linear growth over the forecast period. China <strong>and</strong> Brazil are considered to be<br />

lucrative markets in the forecast period.<br />

Key players in the corn wet milling industry are Ingredion Inc, Global Bio-chem Group of Companies Ltd, Cargill,<br />

Agrana, Tate & Lyle, Bunge, Roquette Freres, China Agri Industries Holdings Ltd, Grain Processing Corporation<br />

<strong>and</strong> Archer Daniels Midl<strong>and</strong> Company. Amongst the latest M&A activity, Archer Daniels Midl<strong>and</strong> Company<br />

acquired Eaststarch CV in April 2015 <strong>and</strong> Tate & Lyle PLC in February 2016. Roquette Freres acquired Riddhi<br />

Siddhi Gluco Biols Ltd in 2012, Jungbunzlauer Swiss AG acquired Ingerdion’s corn wet milling facility in Canada<br />

in December 2015, Agrana acquired SCAGFD T<strong>and</strong>arei SRL in 2002.<br />

See More Reports of this Category <strong>by</strong> Million Insights @<br />

https://www.millioninsights.com/industry/food-processing


Get in touch<br />

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our<br />

representatives strive to underst<strong>and</strong> diverse client requirements <strong>and</strong> cater to the same with the<br />

most innovative <strong>and</strong> functional solutions.<br />

Contact Person:<br />

Ryan Manuel<br />

Research Support Specialist, USA<br />

Email: ryan@millioninsights.com<br />

Global Headquarters<br />

Million Insights<br />

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States<br />

Phone: 1-408-610-2300<br />

Email: sales@millioninsights.com<br />

Asia Pacific<br />

Million Insights<br />

Office No. 302, 3rd Floor, Manikch<strong>and</strong> Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016<br />

India<br />

Phone: 91-20-65300184

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!