What is Corn-Based Protein?
Corn based protein is differentiated into isolates and concentrates depending upon protein content range. Protein content range varies from 10-15 %. The most abundant protein found in corn is ‘zeins’. It accounts for 44-79% of total protein content. Corn protein witnessing huge demand owing to rising inclination towards plant based proteins. Corn based proteins majorly used in animal feed and wellness products. Thus, rising demand for animal feed products and nutraceuticals has impacted on the demand for corn based proteins in positive manner.
The market study is broken down by Type (Isolate and Concentrate), by Application (Food & Beverages, Animal Feed, Nutraceuticals and Others) and major geographies with country level break-up.
The market of corn based protein is expected to grow with rising demand especially from food & beverages and animal feed. The market is highly fragmented with the presence of several market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. Geographically, North America and Asia pacific region witnessing huge demand owing to high raw material production. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADM (United States), Roquette (United States), Kerry Plc (United States), Ingredion (United States), Cargill (United States), Tereos (France), Dupont (United States), Tate & Lyle(United Kingdom), Beneo GmbH (Germany) and Corbion NV (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are LDC (Netherlands) and CHS Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Corn-Based Protein market by Type, Application and Region.
On the basis of geography, the market of Corn-Based Protein has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Organic will boost the Corn-Based Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Power will boost the Corn-Based Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Corn-Based Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Increasing Demand Corn Proteins Isolates in Animal Feed
Market Drivers
- Increasing Expenditure of Food & Beverages, Animal Feed Industry
- Growing Preference for Corn Based Proteins in Wellness and Healthy Supplements
Opportunities
- Augmenting Awareness regarding Routinely Protein Intake has Created Growth Opportunities
- Increasing Inclination towards Organic Protein Sources
Restraints
- Huge Investments for Manufacturing Setup and Processing
- Adverse Weather may Impact on Raw Material Production
Challenges
- Disruption in Supply Chain owing to Pandemic and Lockdown
- Presence of Wide Range of Plant Based Proteins
- Side Effects with over Consumption
Key Target Audience
Corn Based Protein Manufacturers, Corn Based Protein Suppliers/Distributors, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.