World Class Research Report Of Corn Gluten Meal Market 2032| Ingredion Incorporated , Grain Processing Corporation, Tate & Lyle Plc

According to REPORTS PUBLISHER, the global Corn gluten meal market is estimated to be valued at USD 8.4 billion in 2022. It is projected to reach USD 10.4 billion by 2027, with a CAGR of 4.3%, in terms of value between 2022 and 2027. Corn gluten meal is increasingly used as animal feed to improve their nutrition, especially focusing on proteins.

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Since corn gluten meal is a naturally occurring product with a high protein content, it is being used as a healthy feed additive for animals. Further, corn gluten meal also provides animal feed with required dietary fiber, thereby further increasing its demand in the animal feed market.

Restraints: Soy used in animal feed turns out to be a major restraint for growth of corn gluten market
Soy is the mass manufactured crop to feed animals for higher protein availability and hence better muscular build. However, this presents a hurdle in the uptick of demand for corn gluten meal, which is also used as a source of protein in animal feed. The dominance of soy in market therefore raises restraints for corn gluten meal market.

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Opportunities: Rising demand to replace chemically processed and pricier regular feeds
Corn gluten meal is being increasingly preferred over regular bovine and aquaculture feed. This is since the meal offers as a superior non-toxic feed product, when compared to other chemically processed feeds. It is gaining the fastest traction as a replacement for aquaculture meal owing to it being cheaper than the latter.

Corn gluten meal is being increasingly recognized as a natural herbicide.

The market for corn gluten meal is supported by its rising image as a naturally occurring herbicide, which prevents grass and weed seeds from sprouting while causing no harm to existing plants. Therefore, it has witnessed a rise in usage in organic weed control products as well.

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Key Market Players:
Key players in this market include Ingredion Incorporated (US), Grain Processing Corporation (US), Cargill Incorporated (US), Tate & Lyle Plc. (England), Archer Daniels Midland Company (US), among others.

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This release was published on openPR.