About Corn Gluten
Corn Gluten is the by-product of the corn processing, resulting in the formation of the extraction of starch. Corn gluten is said to be high in protein content and almost similar mineral content as soya. The corn gluten is available in granulated, unprocessed, and pelletized corn gluten formats. It can be achieved by both wet milling as well as dry milling process. Wet-milling process is increasing in popularity due to high value by products such as corn oil associated with it. Major applications of the corn gluten include herbicide, and animal feed among others. Currently, North America is the biggest market of the corn gluten.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Enhanced focus on sustainability has led to the growth of the corn gluten market, as the product is a by-product of the corn processing. Because of its high protein and nutritional aspect, the product is an ideal meal for animal feed. Growing corn production is linked with the growth of the corn gluten market. Currently, North America is the largest market of the corn gluten. 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.
Tate & Lyle Plc (United Kingdom), Grain Processing Corporation (United States), Bunge Ltd. (United States), Cargill Inc. (United States), Tereos Starch & Sweeteners (Italy), Roquette (France), Ingredion Inc. (United States), Zhucheng Dongxiao Biotechnology Co. Ltd. (China), Pawar Agro Industries (India) and Sodrugestvo Group (Russia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Meihua Holdings Group Co., Ltd. (China), Agridient Inc. (United States) and Paramesu Biotech Pvt. Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Corn Gluten market by Type (Unprocessed Corn Gluten, Granulated Corn Gluten and Pelletized Corn Gluten), Application (Herbicide, Animal Feed and Others) and Region.
On the basis of geography, the market of Corn Gluten 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. Direct will boost the Corn Gluten market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Milling Process , the sub-segment i.e. Wet-Milling Process will boost the Corn Gluten market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Wet Milling Process is rising in Popularity due to High Value By Products Associated with it
Market Growth Drivers:
Growth in Corn Processing and Processing and Enhanced Focus on Sustainability and Utilization of By Products
Challenges:
Large Number of Players Present in the Market
Restraints:
High Cost of Wet Milling Process
Opportunities:
Corn Gluten Meal is expected to Grow Substantially owing to High Protein Content of the Corn Gluten Meal
Market Leaders and their expansionary development strategies
In July 2022, Grain Processing Corporation (GPC), which is part of the KENT Corporation group, confirmed the acquisition of Natural Products, Inc. (NPI). The purchase of NPI's business has been completed, marking an important milestone for GPC and expanding its portfolio within the industry.
In March 2022, Keventer Agro, an FMCG company based in Kolkata, introduced a new line of food products in partnership with Disney India's consumer products division. The upcoming food range, named 'Disney Delights,' 'Marvel Avengers Delights,' and 'Marvel Spider-Man Delights,' is specifically designed for children and families. This range will encompass various items such as milkshakes, milk, and frozen savory snacks, offering a delightful and engaging experience for consumers.
Key Target Audience
Corn Gluten Producers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
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.