Distillers Dried Grain Solubles Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

As per the study initiated by Evolve Business Intelligence, the global Distillers Dried Grain Solubles Market size accounted for USD 2.47 Billion in 2023, growing at a CAGR of 4.07% from 2023 to 2033. Distillers Dried Grains with Solubles (DDGS) is a byproduct of the ethanol production process, typically obtained from corn or other grains. During ethanol production, grains are fermented to produce ethanol, and the remaining solid residue is dried to create DDGS. The "with solubles" component refers to the inclusion of the liquid portion that remains after fermentation. DDGS is a valuable feed ingredient in animal nutrition due to its high protein, fiber, and nutrient content. It is commonly used as a feed supplement for livestock, such as cattle, poultry, and swine, providing an economical and nutritious alternative to traditional feed ingredients like corn and soybean meal.
The Distillers Dried Grains with Solubles (DDGS) market is primarily driven by its increasing demand as a cost-effective and nutritionally rich feed ingredient for livestock, particularly in the poultry, swine, and cattle industries. Additionally, the growth of the bioethanol industry, from which DDGS is derived, contributes to the expansion of the DDGS market.

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Key Highlights:
• The global Distillers Dried Grain Solubles Market size was valued at USD 2.47 billion in 2023 growing at a CAGR of 4.07% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Distillers Dried Grain Solubles Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

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Key Players
Some of the major Distillers Dried Grain Solubles Market players holding high market shares include Archer Daniels Midland, Globus Spirits Ltd, CropEnergies, CHS Inc., and Nugen Feeds & Foods. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Archer Daniels Midland
• Globus Spirits Ltd.
• CropEnergies
• CHS Inc.
• Nugen Feeds & Foods
• J. D. HEISKELL HOLDINGS LLC
• Kent Feeds

Segmental Analysis
Market Segment By Sources
• Brewers
• Bio-Fuel Plants
Market Segment By Application
• Animal Feed
• Food and Beverage Industry
Market Segment By Form
• Pellets
• Powder

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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