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Corn Wet-Milling Market by End Product, Application, Source, and Equipment - Global Forecast to 2021

Corn Wet-Milling Market: Global Forecast until 2021

  • September 2016
  • 161 pages
  • ID: 4147667
In this report:
According to the FAO Food Outlook, the global meat production was valued at ##.## million tons in 2014 and is projected to grow at an annual rate of ##.##% owing to increased meat consumption.
According to the Global Renewable Fuels Alliance (GRFA), the global ethanol production in 2013 stood at ## billion liters and reached ##.## billion liters in 2014 at an annual growth rate of ##.##% despite the fragile global economy.

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"Corn wet-milling market is estimated to rise at a compound annual growth rate of 5.00 percent in terms of value"

The corn wet-milling market has grown quickly in the last few years and is projected to extend a value of ~$77.5B by 2021, at a compound annual growth rate of 5.00 percent from 2016 to 2021. The primary factors driving the corn wet-milling market is growing demand for high fructose corn syrup in processed food & beverage products, rising consumption of corn gluten meal-based animal feed products in the meat market, multi-functionality of corn starch in non-food applications, and growing demand for bio-ethanol products.

"Dent corn: most widely used corn variety in the wet-milling process"

Dent corn is the most commonly used corn in the corn wet-milling process to manufacture corn syrup, food starch, animal feed, and ethanol. Starch is the main product obtained from dent corn, which is used in several sectors including food & beverages, textile, paper, pharmaceutical, and personal care.

"Centrifuge system controled the corn wet-milling market"

The centrifuging process is carried out to recover pure starch from gluten. Pure starch obtained after the centrifuging process is refined to produce ethanol, corn syrup, dextrose, and modified & unmodified cornstarch.

"China (CN) and Brazil (BR): The future of the corn wet-milling sector"

According to the National Corn Grower Association, China (CN) is the second-largest producer and consumer of corn in the globe and Brazil (BR) is the fourth-largest area for producing corn products and the fifth-largest area for consuming corn products. In China (CN), corn is used for industrial purposes, for feed in the animal feed market, as well as in the food & beverages market. Furthermore, the country's dense population and growing demand for corn products have compelled the food processing market and the animal feed sector to rise their production and bridge the gap between demand and supply. This has, in turn, given an opportunity to the corn market to secure its position in the food and feed sectors of corn starch products by introducing new varieties of products to cater to the growing demands.

Multinational and local firms are signing collaborations and strategic agreements which are helping to implement new innovative technologies, profitable processing methods, and easy exports to enhance the quality of corn products.

Break-up of Primaries:

- By Company category: Tier 1 - 40 %, Tier 2 - 40.0 percent, and Tier 3 - 20.0 percent

- By Description: C-suite - 40.0 percent, D-level -10.0 percent, and Grade of manager - 50.0 percent

- By area: North america (NA) - 20.0 percent, Europe - 60.0 percent, Asia-Pacific - 20.0 percent

The key players in the corn wet-milling market are Tate & Lyle PLC, Archer Daniels Midland (NYSE:ADM), Cargill, Incorporated, Ingredion (NYSE:INGR), and Agrana Beteiligungs-AG. Other actors containing The Roquette Freres, Bunge Limited, China Agri-Industries Holding Limited, Global Bio-Chem Technology Group Company Limited, and Grain Processing Corporation also have a strong presence in the overall corn wet-milling market.

Objectives of the Study

- To define, segment, and project the overall market size for corn wet milling

- To comprehend the structure of the corn wet-milling market by identifying its different subsegments

- To offer exhaustive information about the main key factors influencing the increase of the market (drivers, market restraints, possibilities, opportunities, and sector trends)

- To strategically analyze micromarkets with respect to individual developments trends, future perspectives, and their contribution to the total market

- To analyze alternatives in the sector for partners and offer a competitive landscape of market trends

- To project the size of the corn wet-milling market and its submarkets: wet-milling source, end product, application, equipment, and area, in terms of value importance and quantity

- To strategically profile key competitors and globally analyze their share of market and core competencies

- To analyze competitive developments including investments & business developments, acquisitions, alliances, and recent product launches in the corn wet-milling market

- To offer a in-depth competitive landscape of this market, together with an review of the business and corporate strategies approved by top players

- Final users (feed, food & beverages, textiles, paper, pharma & healthcare, and personal care)

On the basis of application type,

On the basis of area,

- North america (NA)

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