About Corn Gluten Meal
Corn gluten meal is made by the byproduct of commercial milling process basically from corn starch and corn syrup, it is high in protein, energy and contains methionine and cysteine. It is also an easily digestible product that has amino acids and contains no harmful elements. The corn gluten meal can be used as feed for livestock animals & aquaculture used to eradicate weed from garden lawns, and also used as a fertilizer in the agriculture industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.8% |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. 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 (United States), Tate & Lyle PLC (United Kingdom), Sodrugestvo Group S.A. (Luxembourg), Pacific Ethanol, Inc. (United States), Agridient B.V. (Netherlands), Prorich Agro Foods (India) and Commodity Specialists Company (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Corn Gluten Meal market by , Application (Animal Feed, Agriculture Fertilizer and Garden & Lawn) and Region.
On the basis of geography, the market of Corn Gluten Meal 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 Distribution Channel, the sub-segment i.e. Supermarket will boost the Corn Gluten Meal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Feed Grade will boost the Corn Gluten Meal 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. Corn Starch will boost the Corn Gluten Meal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Usage of Corn Gluten Products in the Lawn or Garden for Killing Weed
Market Growth Drivers:
Growing Demand for Quality Fertilizer Products and Demand for Protein and Energy Rich Feed Products in the Feed Industry
Challenges:
Low-Quality Corn Gluten Meal Products in the Market
Restraints:
Risk of Allergies Associated with Corn Gluten Meal to Some Livestock Animals
Opportunities:
Growing Production in Corn Wet-milling Industry will Boost the Corn Gluten Meal Market
Market Leaders and their expansionary development strategies
In February 2023, Agricor Inc., a major producer of corn gluten meal, announced a partnership with BioResource Solutions to develop and market new sustainable feed products utilizing corn gluten meal. This collaboration aims to improve the nutritional value and environmental impact of animal feed.
In October 2022, CHS Inc., another leading corn gluten meal manufacturer, launched a new line of high-protein corn gluten meal products specifically designed for dairy cattle. This new product, called "SureFeed High Protein Corn Gluten Meal," offers improved digestibility and rumen health benefits for cows.
Key Target Audience
Corn Gluten Meal Manufacturers, Corn Gluten Meal International Traders, Corn Gluten Meal Distributor and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers 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.