Press release
Organic Dried Distiller's Grain Feed Market Is Expected To Grow $17.96 Billion In 2028 With A Steady CAGR Of 6.7% | Key Players: Archer Daniels Midland Company, CHS Inc., CropEnergies AG, Flint Hills Resources LP, Green Plains Inc.
Organic Dried Distiller's Grain Feed Market Report
The Business Research Company offers in-depth market insights through Organic Dried Distiller's Grain Feed Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The organic dried distiller's grain feed market size has grown strongly in recent years. It will grow from $12.88 billion in 2023 to $13.86 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to rise in organic farming practices, demand for organic livestock products, focus on sustainable agriculture, government initiatives and support, livestock health and nutrition.
The organic dried distiller's grain feed market size is expected to see strong growth in the next few years. It will grow to $17.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to continued growth in organic agriculture, consumer demand for organic products, environmental sustainability concerns, expansion of livestock industry, awareness of feed quality. Major trends in the forecast period include consumer awareness and transparency, non-gmo and chemical-free feed options, traceability and certification, diversification of livestock diets, global market expansion.
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Market Segmentation:
The organic dried distiller's grain feed market covered in this report is segmented -
1) By Source: Corn, Wheat, Barley, Sorghum, Oats, Rye, Millet, Other Sources
2) By Livestock: Poultry, Ruminants, Swine, Pets, Horse, Aqua, Other Livestock
3) By Distribution Channel: Online, Offline
Major Driver - Growing Demand For Animal-Based Products Drives The Organic Dried Distiller's Grain Feed Market
The increase in demand for animal-based products is expected to propel the growth of the organic dried distiller's grain feed market going forward. Animal-based products are products that are derived from animals such as dairy products, eggs, egg products, and others. Organic dried distiller's grain feed is used to increase the lactational performance of dairy cows, cattle, buffaloes, and other dairy animals, as a result, an increase in demand for animal-based products increases the demand for organic dried distiller's grain feed market. For instance, in June 2022, according to the Organization for Economic Co-operation and Development, a France-based intergovernmental organization that works to build better policies for better lives, per capita consumption of fresh dairy products globally is expected to increase by around 1% per year over the coming decade. Further, world milk production is expected to grow at 1.6% P.A. with 997 Mt by 2029, faster than most other main agricultural commodities. Therefore, the increase in demand for animal-based products is driving the growth of the organic dried distiller's grain feed market.
Competitive Landscape:
Major companies operating in the organic dried distiller's grain feed market report are Archer Daniels Midland Company, CHS Inc., CropEnergies AG, Flint Hills Resources LP, Green Plains Inc., Pacific Ethanol Inc., Poet LLC, Valero Energy Corporation, Ace Ethanol LLC, Alcogroup SA, COFCO Biochemical (Anhui) Co. Ltd., Envien Group, Essentica, Greenfield Global Inc., Husky Energy Inc., Agridient, Agri-King, Agri-Neo Inc., AgriProtein, Alltech, AVEVE Biochem, Bunge North America, Cargill, Darling Ingredients, Devenish Nutrition, Energreen Nutrition, Famo Feeds, Grain Millers, J. Grennan and Sons, Land O'Lakes
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Top Trend - Biological Solutions Transform The Landscape Of The Organic Dried Distiller's Grain Feed Market
Adoption of biological solutions are a key trend gaining popularity in the organic dried distiller's grain feed market. Major companies operating in the organic dried distiller's grain feed market are adopting biological solutions to sustain their position in the market. For instance, in April 2022, Green Plains Inc., a US-based agri-tech company, that produces ethanol and organic animal feed, achieved a breakthrough of around 60% protein concentration by using the novel MSC system combined with biological solutions. This was successfully done through a full-scale production changeover across the entire plant's fermentation and production processes.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Organic Dried Distiller's Grain Feed Market Characteristics
3. Organic Dried Distiller's Grain Feed Market Trends And Strategies
4. Organic Dried Distiller's Grain Feed Market - Macro Economic Scenario
5. Organic Dried Distiller's Grain Feed Market Size And Growth
…..
27. Organic Dried Distiller's Grain Feed Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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