The global corn wet-milling market is expected to grow from USD 72 billion in 2019 to USD 106.37 billion by 2027, at a CAGR of 5% during the forecast period 2020-2027.
A process of breaking corn kernels into their different component’s parts such as corn starch, corn oil, and fibre is known as corn wet-milling. The corn wet-milling is produced through a process that includes steeping, cleaning, milling and germ separation, separating starch and gluten, and fine grinding and screening. It also produces various products like wet corn gluten feed, corn gluten meal, and corn germ meal. Edible oil and corn starch are the primary products of corn wet-milling process.
The factors driving the market are growth in the multi-functionality of corn, increasing demand for corn wet-milling, increasing consumption of high fructose corn syrup, expansion of wet-milling industries in developed regions, and rising demand from the feed industry. Increasing demand for corn ethanol as a biofuel possess growth opportunity. The factors restraining the market growth are strict government regulations imposed to improve the overall quality of food, and high energy and capital-intensive technology.
This study delivers a comprehensive analysis of source, application, equipment, end-product, and region. The source segment includes waxy and dent. Dent source segment holds the largest market share, owing to its high refining properties. Based on application, the market is segmented into food, industrial, and feed. The feed application segment dominates the market due to growing demand for safe, abundant, and affordable animal protein. The equipment segment includes steeping, centrifuge system, and milling. The end-product segment includes sweeteners, ethanol, starches, gluten meal, and gluten feed. The sweetener end-product segment holds the largest market share, owing to its increasing use in food and beverages and pharmaceutical industry.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region holds the largest market share owing to consumption of corn wet-milling products by several industries such as personal care, textiles, feed, pharmaceuticals, and food. Europe is also anticipated to witness significant growth, owing to the high consumption of corn wet-milling products. North America region is also projecting significant growth, owing to rising demand for processed food and increasing consumer base. Developing economies like China, India, and Japan are also expected to witness moderate growth in corn wet-milling market. The Middle East and Africa possess growth opportunities, due to increasing disposable income and active participation of government for the development of corn wet-milling.
Some of the notable players in the market are Agrana Beteiligungs AG, Ingredion Incorporated, Archer Daniels Midland Company, Bunge Limited, Global Bio-Chem Technology Group Company, Roquette Corporate, Incorporated, Cargill, Agri-Industries Holding Limited, and Grain Processing Corporation.
Global Corn Wet-Milling Market Analysis and Forecast, by Source
Global Corn Wet-Milling Market Analysis and Forecast, by Application
Global Corn Wet-Milling Market Analysis and Forecast, by Equipment
Global Corn Wet-Milling Market Analysis and Forecast, by End-Product
Global Corn Wet-Milling Market Analysis and Forecast, by Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Source
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Equipment
4.3.4. Market Attractiveness Analysis By End-Product
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Multi-functionality of corn
5.2.2. Increasing consumption of high fructose corn syrup
5.3. Restrains
5.3.1. Strict government regulations
5.4. Opportunities
5.4.1. Increasing demand for corn ethanol as a biofuel
6. Global Corn Wet-Milling Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Waxy
6.3. Dent
7. Global Corn Wet-Milling Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Food
7.3. Industrial
7.4. Feed
8. Global Corn Wet-Milling Market Analysis and Forecast, By Equipment
8.1. Segment Overview
8.2. Steeping
8.3. Centrifuge Systems
8.4. Milling
9. Global Corn Wet-Milling Market Analysis and Forecast, By End-Product
9.1. Segment Overview
9.2. Sweeteners
9.3. Ethanol
9.4. Starches
9.5. Gluten Meal
9.6. Gluten Feed
10. Global Corn Wet-Milling Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Corn Wet-Milling Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Corn Wet-Milling Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Material Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Agrana Beteiligungs AG
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Source Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Ingredion Incorporated
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Source Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Archer Daniels Midland Company
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Source Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Bunge Limited
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Source Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Global Bio-Chem Technology Group Company
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Source Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Roquette Corporate
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Source Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Cargill
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Source Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Agri-Industries Holding Limited
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Source Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Grain Processing Corporation
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Source Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
List of Table
1. Global Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
2. Global Waxy, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
3. Global Dent, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
4. Global Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
5. Global Food, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
6. Global Industrial, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
7. Global Feed, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
8. Global Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
9. Global Steeping, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
10. Global Centrifuge Systems, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
11. Global Milling, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
12. Global Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
13. Global Sweeteners, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
14. Global Ethanol, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
15. Global Starches, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
16. Global Gluten Meal, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
17. Global Gluten Feed, Corn Wet-Milling Market, By Region, 2019-2027 (USD Billion)
18. North America Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
19. North America Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
20. North America Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
21. North America Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
22. U.S. Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
23. U.S. Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
24. U.S. Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
25. U.S. Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
26. Canada Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
27. Canada Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
28. Canada Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
29. Canada Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
30. Mexico Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
31. Mexico Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
32. Mexico Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
33. Mexico Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
34. Europe Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
35. Europe Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
36. Europe Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
37. Europe Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
38. Germany Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
39. Germany Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
40. Germany Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
41. Germany Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
42. France Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
43. France Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
44. France Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
45. France Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
46. U.K. Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
47. U.K. Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
48. U.K. Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
49. U.K. Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
50. Italy Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
51. Italy Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
52. Italy Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
53. Italy Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
54. Spain Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
55. Spain Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
56. Spain Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
57. Spain Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
58. Asia Pacific Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
59. Asia Pacific Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
60. Asia Pacific Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
61. Asia Pacific Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
62. Japan Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
63. Japan Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
64. Japan Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
65. Japan Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
66. China Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
67. China Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
68. China Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
69. China Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
70. India Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
71. India Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
72. India Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
73. India Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
74. South America Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
75. South America Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
76. South America Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
77. South America Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
78. Brazil Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
79. Brazil Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
80. Brazil Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
81. Brazil Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
82. Middle East and Africa Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
83. Middle East and Africa Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
84. Middle East and Africa Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
85. Middle East and Africa Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
86. UAE Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
87. UAE Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
88. UAE Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
89. UAE Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
90. South Africa Corn Wet-Milling Market, By Source, 2019-2027 (USD Billion)
91. South Africa Corn Wet-Milling Market, By Application, 2019-2027 (USD Billion)
92. South Africa Corn Wet-Milling Market, By Equipment, 2019-2027 (USD Billion)
93. South Africa Corn Wet-Milling Market, By End-Product, 2019-2027 (USD Billion)
List of Figures
1. Global Corn Wet-Milling Market Segmentation
2. Global Corn Wet-Milling Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Corn Wet-Milling Market Attractiveness Analysis By Source
9. Global Corn Wet-Milling Market Attractiveness Analysis By Application
10. Global Corn Wet-Milling Market Attractiveness Analysis By Equipment
11. Global Corn Wet-Milling Market Attractiveness Analysis By End-Product
12. Global Corn Wet-Milling Market Attractiveness Analysis By Region
13. Global Corn Wet-Milling Market: Dynamics
14. Global Corn Wet-Milling Market Share by Source(2020 & 2027)
15. Global Corn Wet-Milling Market Share by Application (2020 & 2027)
16. Global Corn Wet-Milling Market Share by Equipment (2020 & 2027)
17. Global Corn Wet-Milling Market Share by End-Product (2020 & 2027)
18. Global Corn Wet-Milling Market Share by Regions (2020 & 2027)
19. Global Corn Wet-Milling Market Share by Company (2019)
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