Corn-Wet Milling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Corn-Wet Milling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : October, 2020 | Food and Beverages | PPT format

Report Digest


Corn-Wet Milling Market – Introduction

Corn-wet milling is a process that refines the corn through steps such as cleaning, steeping, milling, germ separation, fine grinding, screening and separation of starch and gluten. Increased consumption of corn starch, corn edible oil, corn syrup as well as corn and gluten-based meal in the animal feed industry is set to propel the growth of the corn-wet milling market during the forecast period.

Improved technological capabilities, energy saving business models and a steady supply of corn crop are important factors propelling the revenues of corn-wet milling market. Major business strategies leveraged by leading corn-wet milling market stakeholders are capacity expansion and increased corn supply to accommodate the increased global demand for corn-based products. 

Corn-Wet Milling Market – Notable Developments

  • In October 2018, Ingredion, Inc., a leading global player in the corn-wet milling market announced the investment of $60 million with an aim to expand the company’s business in the Asia Pacific region including expansion of corn-wet milling and starch production capacity in China.
  • In October 2018, Sayaji Industries Ltd., a prominent Indian corn-wet milling business company initiated the collaboration with Alland & Robert, a global provider of natural exudates.
  • In September 2018, Cargill India, a prominent player in corn-wet milling market announced an additional investment of around US$ 40 million with an aim to start manufacturing of modified starch products at the company’s corn-wet milling plant at Davangere, India.
  • In April 2018, Gujarat Ambuja Exports Ltd. announced the commencement of the proposed greenfield project of the company with the capacity of 1000 TPD corn-wet milling at Maharashtra, India.

Some of the most prominent competitors operating in the competitive landscape of global corn-wet milling market include –

  • Agrana Beteiligungs-AG
  • Ingredion Inc.
  • Archer Daniels Midland Company, Inc.
  • Cargill
  • Bunge Limited
  • Agri-Industries Holding Limited
  • Grain Processing Corporation
  • Roquette Corporate

Corn-Wet Milling Market Dynamics

Manufacturers to Target Increased Corn Sourcing to Accommodate Corn-Wet Milling Capacity Expansions

Leading stakeholders in the corn-wet milling market are actively engaged in the expansion of corn-wet milling facilities owing to the rising demand for corn products across the globe. With the surging demand for corn-related products, food manufacturers engaged in corn-wet milling landscape have increased the sourcing of corn to meet the increased demand. Also, the positive forecast of the grain supply including corn and favorable trade activities also complement a steady corn supply, thereby accommodating increasing demand for corn-based and modified starch products leading to corn-wet milling market growth.

Corn-Wet Milling Market Players Seek Energy Star Business Model for Cost Savings

Within the different food industry verticals, corn-wet milling is considered the most energy-intensive industry while accounting for about 15% of the entire food industry energy requirement. Approximately US$ 20 to 30 million are spent annually on energy in a typical corn-wet milling plant in the United States. This energy cost ultimately adds to the overall production cost of modified starch products. In a bid to increase the predictable earnings by reducing the energy costs, stakeholders are engaged in seeking energy star business models. Such business planning is also helpful during the period of high energy-price volatility. There are several research programs related to water and energy management in the field of corn-wet milling process are underway to develop a cost, energy as well as water saving process without compromising on yield and quality.

Rising Application in End-Use Industries to Fuel the Corn-Wet Milling Market Growth

Demand for corn-based products ranging from corn syrup to animal feed to ethanol has increased significantly across the globe. The sweetener category is the highly sought-after variant owing to its natural origin. Consumption of ethanol is also increasing against the backdrop of increased preference for motor fuels. Also, demand for corn products that are rich in amino acids, digestible fibers, protein and other important nutrients is increasing significantly in the food and beverage industry. A significant surge in the demand for corn products in multiple end-use verticals is set to boost the growth of corn-wet milling market in the coming years.

Corn-Wet Milling Market – Regional Outlook

A bulk of global revenues of corn-wet milling market are likely to concentrate in the Asia Pacific region owing to the buoyancy in the end user industry ranging from textile to pharmaceutical. Europe, North America and Japan are other lucrative corn-wet milling markets. Other emerging countries in the Middle East and Africa also represent potential opportunities for corn-wet milling market stakeholders.

Segmentation of Corn-Wet Milling Market

The corn-wet milling market is segmented on the basis of equipment, application, type and end products.

On the basis of equipment, the corn-wet milling market is categorized into,

  • Centrifuge system
  • Milling
  • Steeping

On the basis of type, the corn-wet milling market is segmented into,

  • Waxy
  • Dent

On the basis of application, the corn-wet milling market is categorized into,

  • Mill
  • Food
  • Refinery
  • Steepwater
  • Starch modification
  • Ethanol production
  • Feed area
  • Others

On the basis of end products, the corn-wet milling market is segmented into,

  • Starches
  • Corn oil
  • Ethanol
  • Sweeteners
  • Gluten meal and feed 

The report offers a comprehensive evaluation of the corn-wet milling market. It does so via in-depth qualitative insights, historical data, and verifiable projections about corn-wet milling market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the corn-wet milling market, including but not limited to: Regional markets, technology, types, and applications. 

The study is a source of reliable data on:

  • Corn-wet milling market segments and sub-segments
  • Corn-wet milling market trends and dynamics
  • Supply and demand
  • Corn-wet milling market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?