Corn Wet Milling Market

2019 Analysis and Review Corn Wet Milling Market by Application - Food, Feed and Industrial for 2019 - 2029

  • 2020-03-13
  • REP-GB-2864
  • 64 Tables
  • 96 Figures
  • 250 pages
  • PDF PPT EXCEL
Corn Wet Milling Market

An Incisive, In-depth Analysis on the Corn Wet Milling Market

This study offers a comprehensive, 360 degree analysis on the Corn Wet Milling market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Corn Wet Milling market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Global Corn Wet Milling Market to Rise at Over 5% CAGR

The global corn wet milling market was valued at above US$ 72 Bn in 2019. Rising at above 5% CAGR, the market is on path of a steady expansion between 2019 and 2029. Regionally, North America is expected dominate the market. However during the forecast period, Asia Pacific is likely to rise at a higher pace. In terms of application, the industrial sector will emerge as a key demand generator.

Increasing Demand for Multi-functionary Corns Will Enable Growth

Industrial, food and feed sectors are exhibiting high demand for multi-functionary corns. This is a chief driver of the corn wet milling market. Studies reveal that there is a steady demand for dent corn for its high fructose value. As a result corn syrup derived from dent corns is in high demand in the food and beverages sector. In addition to this, gluten meal is widely used in animal feed, which is another factor expected to drive the market. On the downside, stringent regulations imposed to improve the overall quality of food as a result of mounting health concerns could hinder the market.

Asia Pacific Emerges as Lucrative Regional Market for Corn Wet Milling

Regionally, the global corn wet milling market covers North America, Latin America, Europe, APEJ, Oceania, Japan, and the Middle East and Africa. Among these regions North America currently leads the market. A key point to note here is that North America is one of the leading consumers of corn products in the world. Factors such as expansion of wet milling industries and high consumption of products derived from corn wet milling are supporting the expansion of the market in the region. In addition to this, the demand for corn wet milling is expected to remain high in Asia Pacific.

Rising Demand from Feed Industry to Guarantee Continued Growth

The demand for corn wet milling is considerably high in the feed industry. This is because the industry is in constant need of abundant supply of safe and affordable animal protein. In addition to this, the increasing demand for meat and meat products in Asia Pacific and the Middle East and Africa will offer lucrative growth opportunities to the market in the coming years. In developed regions such as North America, the presence of multinational food processing giants such as Ingredion (US), ADM (US), and Cargill (US) will support the overall expansion of the market.

Key Research Findings

  • The global corn wet milling market is projected to grow at a CAGR of 5% over the forecast period (2019-2029).
  • Prices of coarse corn have plummeted with an absence of buyers amid the COVID-19 pandemic consequently leading to a downturn in corn wet milling market.
  • By application the industrial sector will continue to dominate the market and account for a significant chunk of the market share.
  • Demand for corn wet milling is considerably high in the feed industry on the back of growing need for affordable animal protein.
  • North America currently maintains hegemony in the market and holds a significant share of the corn milling market. A large number of corn wet milling industries
  • Asia Pacific is set to emerge as the most lucrative market for corn wet milling and will witness high growth throughout the forecast period
  • Stringent regulations implemented to ascertain better quality and improved safety will hinder market growth

Key Factors Shaping Snack Pellets Market

Increasing Demand for Multi-functionary Corns Will Enable Growth

Industrial, food and feed sectors are exhibiting high demand for multi-functionary corns. This is a chief driver of the corn wet milling market. Studies reveal that there is a steady demand for dent corn for its high fructose value. As a result corn syrup derived from dent corns is in high demand in the food and beverages sector. In addition to this, gluten meal is widely used in animal feed, which is another factor expected to drive the market. On the downside, stringent regulations imposed to improve the overall quality of food as a result of mounting health concerns could hinder the market.

COVID-19 Impact Insights

Major corn wet millers saw accelerated demand as quarantines were ordered worldwide with the spread of COVID-19. Panicked consumers rushed to retail outlets to hoard on corn flour and other corn based foods. As corn wet millers work over time to ensure production is ramped up in keeping with the demand, some are also worried about closed borders which could impact supply of raw materials needed for corn milling. With stringent lockdown measures tapering off, and production coming in sync with demand, the market is anticipated to rebound in near term.

Corn Wet Milling Market Structure Analysis

  • The corn wet milling market will gain rapid traction from ascending demand for high fructose corn syrup used in food and beverages and high consumption of gluten meal in animal feed industry
  • Government initiatives to buy corn produced in the regions at minimum support prices will inject stimulus and provide temporary succour to farmers holding on to corn harvest.

Report Scope

Report Metric

Details

Base year considered

2019

Actual estimates/Historical data

2014 - 2018

Forecast period

2019-2029

Segments covered

Source, Equipment, Application

Regions covered

North America, Europe, APEJ, Middle East and Africa and Latin America, Japan, Oceania

Key Players

Agrana Beteiligungs-AG, Archer Daniels Midland Company, Cargill Incoporated, Agri-Industries Holding limited, Bunge Limited, Roquette Corporate

Growth Drivers

  • Increasing consumption of high fructose corn syrup
  • Rising demand from feed industry
  • Expansion of wet milling industries in developed regions
  • Panic buying and stockpiling practices during COVID-19 pandemic

Corn Wet Milling Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029

A recent market study published by Future Market Insights on the corn wet milling market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.

Market Segmentation

The global corn wet milling market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Source

Equipment

Application

Region

  • Dent corn
  • Waxy corn
  • Milling equipment
  • Steeping equipment
  • Centrifuge systems
  • Washing & filtration systems
  • Other (heating & cooling systems, dryers, and other utility equipment)
  • Food
  • Feed
  • Industrial
  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • Oceania
  • Middle East & Africa

Report Chapters

Chapter 01 - Executive Summary

The executive summary of the corn wet milling market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global corn wet milling market.

Chapter 02 – Market Introduction

Readers can find the detailed segmentation and definition of the corn wet milling market in this chapter, which will help them understand basic information about the corn wet milling market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the corn wet milling market report.

Chapter 03 – Market Background

The associated industry assessment of the corn wet milling market is carried out in this section. The macroeconomic factors affecting growth of the corn wet milling market are provided in this section and the impact of these macroeconomic indicators on the corn wet milling market is analyzed. The processing overview and technological advancements in the corn wet milling market is also provided.

Chapter 04 - Global Corn Wet Milling Market Value Chain

Profit margins at each level of the corn wet milling market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.

Chapter 05 – Market Dynamics

The drivers and restraints impacting the growth of the corn wet milling market are explained in this chapter. Opportunities and ongoing trends in the corn wet milling market are also comprehensively discussed.

Chapter 06 – Global Corn Wet Milling Market Analysis and Forecast 2014-2029

This chapter includes detailed analysis of the historical corn wet milling market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029). This chapter provides details about the corn wet milling market on the basis of segments. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the corn wet milling market is anticipated to grow across North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan and the Middle East and Africa.

Chapter 07 – North America Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

This chapter includes a detailed analysis of the growth of the corn wet milling market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on application and countries in the North America region.

Chapter 08 – Latin America Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the corn wet milling market in the Latin America region. This chapter also includes growth prospects of the Corn wet milling market in leading LATAM countries such as Brazil, Mexico, Peru, Argentina, and the Rest of Latin America.

Chapter 09 – Europe Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

Important growth prospects of the corn wet milling market based on its end user in several countries such as EU-4, U.K., BENELUX, NORDIC, Russia, Poland and Rest of Western Europe are included in this chapter.

Chapter 10 – Asia Pacific Excluding Japan Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

This chapter includes a detailed analysis of the growth of the corn wet milling market in East Asia region including the important growth prospects of the Corn wet milling in several countries such as China, India, South Korea, ASEAN and Rest of APEJ are included in this chapter.

Chapter 11 – Japan Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

This chapter offers insights into how the corn wet milling market is expected to grow in Japan, along with different segments of the market during the forecast period of 2019-2029.

Chapter 12 – Middle East and Africa Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

This chapter offers insights into how the corn wet milling market is expected to grow in major countries in the MEA region such as GCC Countries, Turkey, North Africa, South Africa, and the Rest of MEA, during the forecast period 2019-2029.

Chapter 13 –Oceania Corn Wet Milling Market Analysis 2014-2018 & Forecast 2019-2029

Important growth prospects of the corn wet milling market based on various segments in Australia and New Zealand are included in this chapter.

Chapter 14 – Competition Assessment

In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the corn wet milling market along with their market presence analysis by region and product portfolio.

Chapter 15 – Competition Deep-Dive

In this chapter, readers can find a comprehensive list of leading manufacturers in the corn wet milling market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Tate & Lyle PLC, Archer Daniels Midland Company, Agrana Beteiligungs-AG, Cargill, Incorporated, Bunge Limited, Global Bio-Chem Technology Group Company Limited, Ingredion Incorporated, China Agri-Industries Holding Limited, The Roquette Freres, Grain Processing Corporation among others.

Chapter 16 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the corn wet milling report.

Chapter 17 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the corn wet milling market.

Sources and Primary Research Splits (%)

Industry Interactions

  • C - Level Executives
  • Marketing Directors
  • Sales Heads
  • Production Managers
  • Distributors Heads
  • Sales Executives
  • Product Manufacturers
  • Distributors
  • Traders
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near-term and Long-term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity Of Assumptions

Primary Interview Splits corn wet milling market by designation

References Catalogue

  • Industry Publications
    • Industrial Week
    • Industrial Product Review
    • Industrial Magazine
  • Industry Associations
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits corn wet milling market by stakeholder

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Harish Tiwari

Harish Tiwari

Global Head - Business Development

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

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