What is Corn Wet-Milling Market?
Corn wet-milling is a process of breaking corn kernels into their component parts like corn oil, protein, corn starch and fiber. It is a process of refining corns to manufacture end products used by the millions of people worldwide. Corn wet milling products include starches, sweeteners, alcohols, gluten meal, proteins and corn oil. The production of corn wet-milling involves cleaning, steeping, milling & germ separation, fine grinding & screening and separating starch & gluten. The further process includes conversion of starch to syrup and fermentation by dextrose which added value to products such as ethanol, amino acids and polylactic acid used in biodegradable products.
The market study is being classified, by Application (Food, Steep water, Feed Area, Mill, Refinery, Ethanol Production, Starch Modification and Others) and major geographies with country level break-up.
Archer Daniels Midland Company (United States), Tate & Lyle PLC (United Kingdom), Cargill, Incorporated (United States), Agrana Beteiligungs-AG (Austria), Ingredion Incorporated (United States), Bunge Limited (United States), Roquette Freres (France), China Agri-Industries Holding Limited (China), Grain Processing Corporation (United States) and Global Bio-Chem Technology Group Company Limited (Hong Kong) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Corn Wet-Milling market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Corn Wet-Milling market by Type, Application and Region.
On the basis of geography, the market of Corn Wet-Milling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Ethanol Production
- Increasing Consumption of Dent Corn to Manufacture High Fructose Corn Syrup
- Increased Use of Gluten Meal in Animal Feed
- Rising Demand for Corn Ethanol as Biofuel
- Highly Energy and Capital Intensive Technology
- Increasing Demand for Corn Wet-Milling
- Strict Government Regulations
Market Leaders and some development strategies
On 2nd July 2018, Archer Daniels Midland Company and Russia-based Aston Foods, one of Russia’s largest agricultural and food ingredients businesses and Food Ingredients launched their 50-50 joint venture to provide sweeteners and starches to customers in Russia.
Key Target AudienceCorn Wet-Milling Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user