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Corn Gluten Meal Global Market Report 2024 - By Trends, Share, Size, Industry Growth, Outlook By 2033

05-27-2024 07:31 AM CET | Food & Beverage

Press release from: The Business research company

Corn Gluten Meal Market

Corn Gluten Meal Market

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Corn Gluten Meal Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $10.27 billion In 2028 At A CAGR Of 6.0% :
The corn gluten meal market size has grown strongly in recent years. It will grow from $7.68 billion in 2023 to $8.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing demand for animal feed, rising meat consumption, focus on sustainable agriculture, expansion in livestock farming, global corn production trends.

The corn gluten meal market size is expected to see strong growth in the next few years. It will grow to $10.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to continued growth in meat consumption, rising awareness of feed efficiency, focus on plant-based proteins, expanding pet food industry, global agricultural trends. Major trends in the forecast period include market penetration in emerging economies, adoption of aquaculture feeds, regulatory support for organic inputs, consumer preference for natural and organic products, collaborations for product development.

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Corn Gluten Meal Market Major Segments
The corn gluten meal market covered in this report 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

Key Driver - Rising Agricultural Demand Driving Force Behind The Growing Corn Gluten Meal Market
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 fertilizer, 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. For instance, in November 2022, according to an article published by Epic Gardening, a US-based gardening education company, Corn gluten is a rich nitrogen source since it is a natural supply of protein present in the endosperm of the corn kernel. Wet-milled gluten has an average of 60% protein. Other processing methods can produce a 20% protein variant that is less effective. A 60% protein variance results in a 10% sluggish nitrogen release on average. The CGM nourishes the soil and adds organic matter as it degrades. CGM is an excellent supplier of nitrogen as a natural fertilizer. The most common NPK for CGM is 10-0-0. It degrades slowly in the soil, taking up to two months to break down. Therefore, the growing demand for corn gluten meals in the agricultural sector is driving the growth of the corn gluten meal market.

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Prominent Trend - Innovative Technological Advancements In Corn Gluten Meal Market With Portable FT-NIR Analyzer For Real-Time Nutrient Analysis
Major companies operating in the corn gluten meal 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 help save money in the long run.

Corn Gluten Meal Market Players
Major companies operating in the corn gluten meal market report are Valero Energy Corporation, Cargill Incorporated, Archer Daniels Midland Company, Bunge Limited, Zhucheng XingMao Corn Development Co. Ltd, Andersons Inc., Ingredion Inc., Glanbia plc, Roquette Frères, Tereos Group, Meihua Holdings Group Co. Ltd., Green Plains Incorporated, AGRANA Beteiligungs-AG, Qingyuan Group, Tate & Lyle Sugars & Food Ingredients Inc., Abengoa Bioenergy S.A., SunOpta Inc., Pacific Ethanol Inc., Borregaard ASA, The Scoular Company, Grain Processing Corporation, Gulshan Polyols Limited, Elevance Renewable Sciences Inc., Trouw Nutrition (Nutreco), Zeeland Farm Services Inc., Global Bio-Chem Technology Group Company Limited, Vitusa Products Inc., Michigan Agricultural Commodities, AGRI International LLC, Calgren Renewable Fuels, Sodrugestvo Group SA, Prorich Agro Industries Private Limited, Ferro Corporation, Alltech, AminoMax (Grain Craft), Land O'Lakes Inc.

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/corn-gluten-meal-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the corn gluten meal market in 2023. The regions covered in the corn gluten meal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Corn Gluten Meal Market Report Structure
3. Corn Gluten Meal Market Trends And Strategies
4. Corn Gluten Meal Market - Macro Economic Scenario
5. Corn Gluten Meal Market Size And Growth
…..
27. Corn Gluten Meal Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
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Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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