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Dry Milling Market Analysis 2024-2033: Market Size, Top Segments, Leading Region Forecast | Archer Daniels Midland Company, Bunge Limited, C.H Guenther And Son Incorporated, Cargill Inc.
Dry Milling Global Market Report 2024
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Dry Milling industry. This report on Dry Milling market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The dry milling market size has grown strongly in recent years. It will grow from $104.19 billion in 2023 to $111.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to consumer preferences, regulatory changes, local and terroir focus, marketing and branding, cocktail culture. The dry milling market size is expected to see strong growth in the next few years. It will grow to $155.63 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.
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Key Market Players:
Archer Daniels Midland Company, Bunge Limited, C.H Guenther And Son Incorporated, Cargill Inc., Didion Milling, Flint Hills Resources LP, LifeLine Foods Pvt. Ltd., Green Plains Inc., Semo Milling, Valero Energy Corporation, Pacific Ethanol Inc., Alto Ingredients Inc., FRITSCH Co., SunOpta Inc., Millmore Engineering Private Limited, Hosokawa Micron Powder Systems, Quadro Engineering Corp., Frewitt Ltd., KemutecGroup Ltd., Sturtevant Inc., Buhler AG, GEA Group AG, Hosokawa Alpine AG, IKA Works GmbH & Co. KG, Netzsch Grinding & Dispersing, Pallmann Maschinenfabrik GmbH & Co. KG, Schenck Process Holding GmbH, Union Process Inc., WAB Group, Yenchen Machinery Co. Ltd.
Market Drivers:
According to the Dry Milling Market Report 2024 by The Business Research Company, the key factors driving the growth of the Dry Milling market, includes the increased use of rise in the consumption of corn flour-processed snacks across the globe is expected to propel the growth of the dry milling market going forward. Corn flour refers to flour made from dried whole corn kernels and is derived from the grinding of dried corn and is a common staple food. It is used in the preparation of various food items.
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Market segments for Dry Milling include:
1) By Source: Yellow Corn, White Corn
2) By Product: Ethanol, Dried Distillers Grain With Soluble (DDGS), Corn Grits, Corn Meal, Corn Flour, Other End Products
3) By Application: Fuel, Feed, Food
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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