Dry Milling Market Scope
Dry milling is the method of producing maize products for human consumption. Grinding kernel corn is one type of grindstone to produce flour or meal is a simple process used worldwide. Dry milling has various types of ingredients that are available in the market for consumption in food products, however, the heterogeneous nature of the dry-milled products is making it difficult to find new markets for unknown brands to enter the market. However, the advantages of dry milling are that it required low use of energy and less cost as compared to wet drilling. Geographically especially in the Asia-Pacific region due to the increasing demand and consumer awareness for renewable biofuel, growing environmental concerns. These are few drivers which are triggering the market demand
The Dry Milling market study is segmented by Type (Ethanol, DDGS, Corn Grits, Cornmeal, Corn Flour and Others), by Application (Fuel, Feed and Food) and major geographies with country level break-up.
The market is expected to grow due to an increase in demand for corn ethanol as biofuel. Another factor is driving the demand for the market such as higher adoption of products in bakeries and snacks. Several companies are operating in the market to provide Social media offer with various features & unique offering. The market is partially fragmented with the presence of several market players and local players at various levels. Which is triggering the market growth over the forecast period
C.H.Guenther & Son, Incorporated (United States), Semo Milling, LLC (United States), Lifeline Foods, LLC (United States), Archer Daniels Midland Company (United States), Cargill Inc (United States), Didion Milling Inc (United States), Flint Hills Resources, LP (United States), Pacific Ethanol Inc (United States), Sunopta, Inc (Canada), Valero Energy Corporation (United States), Green Plains Inc (United States), Bunge Limited (United States) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Dry Milling market by Type, Application and Region.
On the basis of geography, the market of Dry Milling 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).
Market Leaders and their expansionary development strategies
On 29 March 2018, Bunge Limited announced its complete acquisition with 70% ownership in IOI Loders Croklaan from IOI Corporation
On 28 January 2018, Cargill JV open a new corn milling plant in Saudi Arabia. The joint venture between Cargill and Saudi food ingredients firm Arabian Agricultural Services Company was officially inaugurated Monday in Al-Khari, Saudi Arabia. These investments will support food and beverage producers in Gulf Cooperative Countries (GCC), The Middle East Food Solutions Company Corn Milling Facility is the first investment made by Cargill in Saudi Arabia.
Market Trend
- The products of dry milling are highly recommended in the manufacturing of fortified animal feed Demand of Dry milling product in the manufacturing of bioethanol is highly consumed and it has a wide variety of application various sector
Market Drivers
- Considerable lowering in electric and heat consumption
- Minor consumption of water
Opportunities
- Demand for corn dry-milled products is increasing especially in Asia pacific market
- The use of bioethanol is mandatory in the United States and the Canadian government
Restraints
- The process of dry milling is used to generate dust that has explosive ignition by sparks.
- The use of mycotoxin contamination is a problem for the growth of the target market.
Challenges
- High investment is required in order to maintain the quality in extremely good condition
- Hybrid selection and timely harvest of corn are important factors that reduced the high-quality grain
Key Target Audience
Food and beverage industry, Animal feed industry, Petroleum industry, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry