About Distiller’s Dried Grains with Solubles (DDGS)
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. DDGS is an excellent source of digestible protein and energy for cattle. 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 fibre and fat and does not cause any risk of developing acidosis. By capitalizing on these opportunities and addressing any potential challenges, the DDGS market can flourish and become an even more vital component of the global animal feed industry
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitors present in the market are recalibrating their market share to open up new areas of development in the market. The prospects for growth in the market have to be carefully sought out and examined to ensure that they will ensure the favorable development of the market in the coming period. The stress on enhancing the production potential and upgradation of the workforce are the top priorities to reinvigorate the development potential of the market in the coming period. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Distiller’s Dried Grains with Solubles (DDGS) 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.
Archer Daniels Midland Company (ADM) (United States), Globus Spirits Ltd. (India), CropEnergies GmbH (Germany), CHS Inc. (United States), Nugen Feeds & Foods (France), J. D. Heiskell Holdings LLC (United States), Kent Feeds LLC (United States), Buhler Industries Inc. (Switzerland), Poet Biorefining (United States) and Valero Renewables (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 Green Plains Inc. (United States), Louis Dreyfus Company (Netherlands), COFCO International (China) and Bunge Limited - Brazil.
Segmentation Overview
AMA Research has segmented the market of Global Distiller’s Dried Grains with Solubles (DDGS) market by , Application (Animal Feed and Food and Beverage Industry) and Region.
On the basis of geography, the market of Distiller’s Dried Grains with Solubles (DDGS) 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 Distiller’s Dried Grains with Solubles (DDGS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Focus on Traceability and Sustainability
Market Growth Drivers:
Rising Demand for Animal Feed and Expansion of Livestock Production
Challenges:
Competition with Other Feed Ingredients
Restraints:
Fluctuating Grain Prices
Opportunities:
Focus on Product Quality and Consistency and Growing Demand for Animal Protein
Market Leaders and their expansionary development strategies
In June 2022 The Calgary Stampede and Cenovus Energy Inc. announced a new and significant long-term sponsorship deal. The four-year Champion level sponsorship builds on the Stampedes more than a decade of participation. The extended partnership includes premier sponsorship of the Saddle Bronc competition and a new fan experience with business volunteers. Source: https://www.marketresearchfuture.com/reports/distillers-grains-market-7839
In July 2023, ICM Inc. announced the launch of its patent-pending ICM Clean Fiber technology, which is designed to remove corn kernel fiber from DDGS to create a high-protein, low-fiber feed ingredient for use in animal nutrition. The company said that the technology can significantly increase the value of DDGS and improve its nutritional profile for livestock and poultry
Key Target Audience
Manufacturing Companies, Market Research &Consultancy Firm, Potential Investors, New Entrance 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.