About Dried Spent Grain
Dried Spent Grain is normally the by-product of the beer brewing process. They were earlier being thrown away, although with a growing focus on sustainability they are either given to farms as animal feeds or to develop innovative products out of it. These Dried Spent Grains may either be organic or regular. Wheat, Barley, Rice, Millet, and Sorghum are the types of dried spent grains with Wheat accounting for the largest market share. New innovative products formed out of dried spent grains include bread, nutraceuticals, processed pet food, and others. Geographically, North America is the largest market of Dried Spent Grains.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Enhanced focus on sustainability has led to growing investments, research, and innovation in recycling, with food recycling being one of the hottest areas of discussion. As, globally, millions of tons of left of or by-product grains are thrown away. Thus, to promote sustainability and prevent any wastage, the emergence of dried spent grains companies is considered revolutionary. The market of dried spent grain is expected to increase further with increasing investments in product innovation and government promotion for such companies. Currently, North America is the largest market of dried spent grain. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dried Spent Grain market throughout the forecasted period. 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.
ReGrained, Inc. (United States), Hewn Bread (United States), Good Things Brewing Co. (United Kingdom), Rise Products (United States), Going with Our Grain Inc. (United States), Woodstock Brewery Inn (United States), Bare Bites (United States), Doggie Beer Bones (United States), Spent Goods Company (United States), Digital Hama (Canada) and Brewers Grain (Ukraine) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dried Spent Grain market by Type (Wheat, Barley, Rice, Sorghum and Millet) and Region.
On the basis of geography, the market of Dried Spent Grain 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 , the sub-segment i.e.
will boost the Dried Spent Grain market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Nature, the sub-segment i.e. Organic will boost the Dried Spent Grain market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Bakery and Confectionary will boost the Dried Spent Grain 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 Dried Spent Grain market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Wheat Accounts for Largest Market Share
Market Growth Drivers:
Rising Investments in Breweries and Growing Demand for Natural Feed for Animals
Challenges:
Contamination of Dried Spent Grain is Difficult to Prevent
Restraints:
Possibility of Adulteration, Contamination, and Counterfeit Products
Opportunities:
Nutraceuticals Market is Experiencing Rapid Growth thus Present Bright Opportunities in the Market
Key Target Audience
Dried Spent Grain Producers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.