Corn Germ Meal Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period


Posted July 10, 2024 by Niraj1

Corn Germ Meal Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period
 
The corn germ meal market was estimated to be worth USD 7.2 billion globally in 2022, and during the forecast period, a CAGR of 8.1% is anticipated. It is an afterthought from the grinding of grain. It is a nutrient-dense and perfect diet for animals, high in protein, fiber, and a few other important components. The global population growth, rising demand for animal proteins, and expanding knowledge of the health benefits of corn germ meal are all contributing to the market's expansion. The market for corn germ meal is being challenged by fluctuations in corn prices, which are driving up the need for animal feed due to rising population and rising food demands.

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Growth Drivers
Growing awareness of wholesome and well-balanced livestock feeds, a growing world population, and rising demand for the food—which is high in animal protein—all contribute to this trend. The need for corn germ meal as a vital component of animal nutrition is fueled by the expansion of the livestock industry, especially for pigs and poultry. The market is expanding due to a rise in consumer demand for foods high in fiber, minerals, and proteins. Market growth is aided by corn germ meal's adaptability in a variety of applications, such as pet food and aquaculture feeds.
maize germ meal production becomes more efficient overall as a result of improved extraction of oils and other useful components from maize germ thanks to advancements in corn processing technologies. Global population growth and shifting dietary habits are driving an increase in animal husbandry, which in turn is driving up demand for feed ingredients like corn germ meal.
Segmentation
By Type
· Feed Grade
· Industry Grade
By Application
· Feed
· Fertilizer
· Others
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa

Key Players
· Archer Daniels Midland Co
· Tate and Lyle
· Agridient
· Om Agro
· Santosh Limited
· Roquette
· Tianjin Hwashin Biotechnology Company
· Sodrugestvo
· ADM
· Other Players

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Categories Food , Manufacturing , News
Tags corn germ meal market , corn germ meal market size , corn germ meal market share , corn germ meal market news , corn germ meal market forecast , corn germ meal market outlook
Last Updated July 10, 2024