Corn Gluten Meal Market Analysis 2023: Trends, Size, Demand, Share Estimation And Forecast To 2032 | Ingredion Incorporated, AGRANA Beteiligungs-AG, Cargill Incorporated, Tate & Lyle, Tereos FKS

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The Business Research Company's Corn Gluten Meal Global Market Report 2023 identifies Growing demand for corn gluten meals in the agricultural sector as the major driver for the Corn Gluten Meal market's growth in the forecast period. 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. 

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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Major competitors in the Corn Gluten Meal market are Ingredion Incorporated, AGRANA Beteiligungs-AG, Cargill Incorporated, Tate & Lyle, Tereos FKS.

A key trend in the Corn Gluten Meal market includes technological advancement. Major companies operating in the market are developing innovative technological features such as accurately measuring feeds, feed ingredients, soluble corn fiber ingredients, and other technologies to sustain their position in the market. For instance, in September 2022, Si-Ware Systems, a US-based manufacturer and developer of semiconductor products for material sensing applications, introduced a portable FT-NIR analyzer that evaluates feeds, feed ingredients, forages, pet food, agricultural products, food, and ingredients in seconds on-site. The FT-NIR spectral scanning technique would enable the measurement of raw material nutrient content and protein levels, allowing for real-time decisions to maximize feed output while lowering overall input costs. The company believes that input raw materials such as soybean meals and corn gluten meals are increasing, which will assist to save money in the long run.

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The Corn Gluten Meal market is segmented -

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
5. 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.

The Business Research Company's "Global Corn Gluten Meal Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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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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