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.
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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
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