Global Corn Wet-Milling Market: Overview
A process of refining corns is known as corn wet-milling. Shelled corns can be processed by two types, namely, dry mills or wet mills. By using corn wet-milling process, corns can be separated into four components such as germ, starch, gluten, and fiber. Corn wet-milling process comprises various production stages such as milling & germ separation, cleaning, fine grinding & screening, steeping, and separating starch & gluten. Next step is followed by conversion of starch to syrup and then fermented by dextrose that provides products such as polylactic acid, ethanol, and amino acids, which are used in the biodegradable products. Corns are indecently milled by using milling process to remove germs from components that contain at least 85% of corn’s oil. Corn wet-milling also produces several feed products such as corn germ meal, wet corn gluten feed, and corn gluten meal. However, primary products of the wet-milling process include edible oil and starch.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Corn Wet-Milling Market: Growth Factors
Increasing demand for corn wet-milling for its rising advantages fosters the global corn wet-milling market growth. Growth in the multi-functionality of corn drives the global market growth. Dent corn is highly used in foods & beverages for manufacturing high fructose corn syrup; this positively impacts the global market growth. Gluten meal is largely used in the animal feed and is expected to influence the global corn wet-milling market growth. Wet-milling products are rich in amino acids protein, digestible fiber, methionine, cysteine, and high level of energy. Conversely, strict government regulatory implemented over increasing quality standards and health & safety restrain the global market to some extent.
Global Corn Wet-Milling Market: Segmentation
The global corn wet-milling market is categorized based on products, equipment, application, and corn type. The products include as gluten meal & feed, ethanol, starches, sweeteners, and corn oil. The equipment segment comprises centrifuge system, milling, and steeping. The application segment further consists of feed area, starch modification, refinery, steepwater, ethanol production, food, mill, and others. Moreover, the corn type includes waxy, and dent.
Global Corn Wet-Milling Market: Regional Analysis
The geographical segmentation of the global corn wet-milling market consists of North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is the leading region due to consumption of corn wet-milling products by the various industries such as animal feed, textiles, personal care, food, pharmaceuticals, and others in this region. Additionally, Europe is following the same trend in the global market due to high consumption of corn wet-milling products. North America contributed the largest market share in the global corn wet-milling market due to increasing customer base and rising demand for processed food. Emerging economies such as Japan, China, and India also show substantial growth in corn wet-milling market. Furthermore, increasing disposable income and active participation of government for the development of corn wet-milling also open up new growth opportunities in the Middle East and Africa.
Global Corn Wet-Milling Market: Competitive Players
Key players operating in the global corn wet-milling market include Global Bio-Chem Technology Group Company, Agrana Beteiligungs AG, Agri-Industries Holding Limited, and Ingredion Incorporated. Other influencing players in the global market are Roquette Corporate, Incorporated, Archer Daniels Midland Company, Grain Processing Corporation, Cargill, and Bunge Limited.
Global Corn Wet-Milling Market: Regional Segment Analysis
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