About Distiller’s Dried Grains with Soluble
Distiller’s Dried Grains with Soluble (DDGS) is the dried residue remaining after the starch fraction of maize (Corn DDGS) is fermented with yeasts to produce ethanol. Following fermentation, the ethanol is removed by distillation and the remaining fermentation residues are dried. It is highly palatable with a good source of readily available low-cost organic phosphorus and high in protein. The high energy level of DDGS is derived predominantly from fiber and fat and does not cause any risk of developing acidosis. The increasing demand for animal feed, the cost-effectiveness of DDGS, and the focus on sustainability. However, there are also some challenges that need to be addressed in order to achieve this growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The DDGS market is dynamic and competitive. To succeed, players need to focus on product differentiation, cost optimization, strategic partnerships, and adapting to evolving market trends and sustainability demands. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Distiller’s Dried Grains with Soluble 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.
ADM (United States), Covanta Holding Corporation (United States), Louis Dreyfus Company (Netherland), Gavilon LLC (United States), Shandong Dawn Agro Development Co., Ltd. (China), SunOpta Inc. (Canada), Abengoa Bioenergy (Spain), Alfa Laval AB (Sweden), Westfalia Separator AG (Germany) and Baker Perkins Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CHS Inc. (United States), Buhler Industries Inc. (Switzerland), Andritz AG (Austria), Globus Spirit Ltd. (India) and Kent Feeds (United States).
Segmentation Overview
AMA Research has segmented the market of Global Distiller’s Dried Grains with Soluble market by Type (Corn, Wheat, Rice, Blended Grains and Others), Application (Soil, Foliar, Fertigation and Others) and Region.
On the basis of geography, the market of Distiller’s Dried Grains with Soluble 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 Form, the sub-segment i.e. Powder will boost the Distiller’s Dried Grains with Soluble market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Organic will boost the Distiller’s Dried Grains with Soluble market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Poultry Diet will boost the Distiller’s Dried Grains with Soluble market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased demand for high-quality Distiller’s Dried Grains with Soluble
Market Growth Drivers:
Growing demand for livestock feed and Demand for ethanol for biofuels are increased
Challenges:
Fluctuations in grain prices
Restraints:
Limited storage and transportation infrastructure
Opportunities:
Growing interest in using DDGS in non-feed applications, such as biofuels and industrial products and Increased focus on sustainability
Market Leaders and their expansionary development strategies
In August 2023, Covanta and ADM announce partnership for DDGS-to-renewable energy project. This collaboration aimed to convert DDGS into biogas and electricity, utilizing waste for clean energy generation.
In July 2022, Cargill launched EnviroLife DDGS, a low-carbon version of DDGS produced through carbon capture and storage technology. This innovative product utilizes carbon capture and storage (CCS) technology to significantly reduce the greenhouse gas (GHG) emissions associated with its production.
Key Target Audience
Animal Feed Industry, Potential Investors, Market Research & Consultancy Firm, Research & Organization 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.