Global Corn Wet Milling Market Overview:
Increasing demand for corn wet-milling for its rising advantages fosters the global corn wet-milling market growth. A process of refining corn is known as corn wet-milling. Shelled corns can be processed by two types, namely, dry mills or wet mills. Gluten meal is largely used in the animal feed and is expected to influence the global corn wet-milling market growth. Wet-milling products are rich in amino acid protein, digestible fiber, methionine, cysteine, and high level of energy.
- High demand for high fructose corn syrup in processed food & beverage
- Increasing consumption of corn gluten meal-based feed products
- Multifunctionality of cornstarch in non-food applications
- The strict government regulations implemented over increasing quality standards and health & safety
- Increasing demand for corn ethanol as a biofuel
- Competition from other plant proteins existing in the market
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Tate & Lyle PLC (United Kingdom), Archer Daniels Midland Company (United States), Cargill, Incorporated (United States), Ingredion Incorporated (United States), Agrana Beteiligungs-AG (Austria), The Roquette Freres (France), Bunge Limited (United States), China Agri-Industries Holding Limited (China), Global Bio-Chem Technology Group Company Limited (Hong Kong) and Grain Processing Corporation (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Corn Wet Milling market by 2025. Considering Market by End Product, the sub-segment i.e. Starch will boost the Corn Wet Milling market. Considering Market by Equipment, the sub-segment i.e. Milling equipment will boost the Corn Wet Milling market. Considering Market by Source, the sub-segment i.e. Dent corn will boost the Corn Wet Milling market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Corn Wet Milling market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Corn Wet Milling market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Animal feed manufacturers, Food & beverage manufacturers & processors, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.