Press release
Wheat Sourced Distillers Grains Market Statistics, Segment, Trends and Forecast to 2032
Distillers Grains Market size was valued at USD 12.70 Billion in 2021 and is projected to reach USD 22.67 Billion by 2030, growing at a CAGR of 6.65% from 2022 to 2030.The wheat sourced distillers grains market is a rapidly growing segment of the global animal feed industry. Distillers grains are a byproduct of the ethanol production process, which involves the fermentation and distillation of grains such as wheat, corn, and barley. During this process, the starch in the grains is converted into ethanol and the remaining solids, known as distillers grains, are dried and processed into animal feed.
Wheat sourced distillers grains are a popular choice for animal feed due to their high protein and fiber content, as well as their relatively low cost compared to other feed sources. They are commonly used in the diets of livestock such as cattle, pigs, and poultry, as well as in aquaculture and pet food.
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The demand for wheat sourced distillers grains is driven by several factors, including the growing global population and increasing demand for animal protein, as well as the trend towards more sustainable and efficient use of resources. Wheat sourced distillers grains provide an environmentally friendly solution to the challenge of feeding a growing population while minimizing the impact on natural resources such as land and water.
The market for wheat sourced distillers grains is highly competitive, with major players including Archer Daniels Midland, Cargill, and Green Plains Inc. These companies are constantly innovating and investing in research and development to improve the nutritional value and quality of their products, as well as to increase their production capacity and expand their global reach.
In conclusion, the wheat sourced distillers grains market is a key segment of the animal feed industry that is poised for continued growth in the coming years. With increasing demand for sustainable and efficient feed sources, as well as ongoing innovation and investment by major players in the industry, this market is set to remain highly competitive and dynamic for the foreseeable future.
Market Segmentation
Global Wheat Sourced Distillers Grains Market: Segmentations
Global Wheat Sourced Distillers Grains Market: By Types
DDGS
DDG
WDG
Others
Global Wheat Sourced Distillers Grains Market: By Applications
Ruminants
Swine
Poultry
Others
Global Wheat Sourced Distillers Grains Market: Major Players
ADM
Valero
Husky Energy
Green Plains Inc.
Bunge Limited
Pacific Ethanol, Inc.
Cropenergies AG
Purina Animal Nutrition (Land O' Lakes)
Flint Hills Resources
Poet, LLC
Didion Milling Inc.
Greenfield Global
Global Wheat Sourced Distillers Grains Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Benefits For Stakeholders:
• The report provides an in-depth analysis of the current trends, drivers, and dynamics of the market to elucidate the prevailing opportunities and tap the investment pockets.
• It offers qualitative trends as well as quantitative analysis of the global market from 2023 to 2032 to assist stakeholders to understand the market scenario.
• In-depth analysis of the key segments demonstrates the type and its distribution channels.
• Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
• Key market players are profiled to understand the competitive outlook of the market.
Study Objectives of this Report:
• To study and analyze the global market size (value and volume) by company, key regions/countries, products and application, history data from 2018 to 2022, and forecast to 2032.
• To understand the structure of market by identifying its various sub segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the with respect to individual growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
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