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Corn Gluten Meal Market Size, Growth, Industry Trends, Demand And Forecast To 2032
Corn Gluten Meal Market
Corn Gluten Meal Market Size, Growth Rate, And Forecast
The global corn gluten meal market size is expected to grow from $7.26 billion in 2022 to $ 7.69 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. 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 global corn gluten meal market size is expected to reach $9.33 billion in 2027 at a CAGR of 5.0%.
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Corn Gluten Meal Market Drivers
Growing demand for corn gluten meals in the agricultural sector is expected to propel the growth of the corn gluten meal market going forward. Corn gluten meal is a nitrogen-rich natural fertiliser, that breaks down slowly in the soil to disintegrate. It is an efficient pre-emergent weed control strategy if applied abundantly to the soil. It slows the growth of many broadleaf weeds, such as dandelions also works well against crabgrass, thus resulting in the demand for corn gluten meal.
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Corn Gluten Meal Market Segments
1) By Form: Unprocessed Corn Gluten Meal, Granulated Corn Gluten Meal, Pelletized Corn Gluten Meal
2) By Nature: Organic, Conventional
3) By Source: Corn Starch, Corn Syrup
4) By Application: Animal Feed, Agriculture Fertilizer, Garden And Lawn
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Corn Gluten Meal Market.
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Corn Gluten Meal Market Key Players
Major competitors in the Corn Gluten Meal Market include Ingredion Incorporated, AGRANA Beteiligungs-AG, Cargill Incorporated, Tate & Lyle, Tereos FKS, ADM, Grain Processing Corporation, Roquette Frères, AGRI International LLC, Qingyuan Group, Gulshan Polyols Ltd., Sodrugestvo Group SA, Meihua Holdings Group Co. Ltd., Zhucheng XingMao Corn Development Co. Ltd., and Prorich Agro
The Business Research Company's "Global Corn Gluten Meal 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 Gluten Meal Market Include:
1. Executive Summary
2. Corn Gluten Meal Market Characteristics
3. Corn Gluten Meal Market Trends And Strategies
4. Corn Gluten Meal Market - Macro Economic Scenario
5. Corn Gluten Meal Market Size And Growth
.......
26. Africa Corn Gluten Meal Market
27. Corn Gluten Meal Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Corn Gluten Meal Market
29. Corn Gluten Meal Market Future Outlook and Potential Analysis
30. Appendix
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