A Comprehensive Analysis of the Global Corn Wet-Milling Market 2023 - Industry Analysis, Growth Opportunities And Emerging Trends || Agrana Beteiligungs-AG, Tate & Lyle Plc., Archer Daniels Midland Company

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Corn Wet-Milling Market Size, Growth Rate, And Forecast

The global corn wet-milling market is expected to grow from $73.02 billion in 2022 to $77.03 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The corn wet-milling market is expected to grow to $93.58 billion in 2027 at a CAGR of 5.0%.

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Corn Wet-Milling Market Drivers
The rising demand for corn-based products is boosting the growth of the corn wet-milling market going forward. Corn-based products refers to items made of corn such as corn flakes, and flours. The increasing demand for corn-based products increases demand for corn-wet milling as it improves the purity of the product. For instance, in December 2021, according to a report on Regional Corn Competitiveness published by RaboBank, a Netherlands-based banking and financial services company, the global consumption of corn is anticipated to increase by 25% over the next ten years, from 1.14 billion metric tons in 2021 to 1.43 billion metric tons in 2030.

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Corn Wet-Milling Market Segments
• By Source: Dent Corn, Waxy Corn

• By Equipment: Milling Equipment, Steeping Equipment, Centrifuge Systems, Washing and Filtration Systems, Other Equipments

• By End-product: Starch, Sweetener, Ethanol, Corn Gluten Meal and Gluten Feed, Other End-Products

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the corn wet-milling market.

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Corn Wet-Milling Market Key Players
Major competitors in the corn wet-milling market are Agrana Beteiligungs-AG, Tate & Lyle Plc., Archer Daniels Midland Company, Cargill Incorporated, Ingredion Incorporated, The Roquette Freres, Grain Processing Corporation.

The Business Research Company's "Global Corn Wet-Milling Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Corn Wet-Milling Market Include:
1. Executive Summary
2. Corn Wet-Milling Market Characteristics
3. Corn Wet-Milling Market Trends And Strategies
4. Corn Wet-Milling Market - Macro Economic Scenario
5. Corn Wet-Milling Market Size And Growth
………………
27. Corn Wet-Milling Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Corn Wet-Milling Market
29. Corn Wet-Milling Market Future Outlook and Potential Analysis
30. Appendix

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