Data Bridge Market Research analyses that the distillers’ grains market will project a compound annual growth rate (CAGR) of 7.60% during the forecast period of 2022-2029 and is likely to reach the USD 20.95 billion by 2029.
Wheat or any other farmed cereal used as food is referred to as a grain. Distiller’s grains are cereal by-products obtained from distillation processing units or dry grind ethanol factories, and are available in both dry and wet forms. These grains are used as low-cost feed additives that are manufactured in big quantities. Distillers' grain is an important part of the diet of cattle and poultry birds because it contains enough cereal proteins, fat, minerals, vitamins, fibre, oil, and amino acids. The desalination process produces distillers' grains, which are cereal by-products.
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Some of the major players operating in the distillers’ grains market are Cenovus Energy Inc., ADM, Valero Marketing and Supply Company., Green Plains Inc., Bunge North America, Inc., Alto Ingredients, Inc., CropEnergies AG, Purina Animal Nutrition LLC., Flint Hills Resources., POET, LLC., DIDION Inc., GREENFIELD GLOBAL INC., Tharaldson Ethanol, CIE, and Lincolnway Energy, among others.
Scope of the Distillers’ Grains Market Report:
The distillers’ grains market is segmented on the basis of source, livestock, and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the distillers’ grains market is segmented into corn, wheat, and others.
- Based on livestock, the distillers’ grains market is segmented into ruminants, swine, poultry, and others.
- The distillers’ grains market is also segmented on the basis of type. The type is segmented into dried distillers’ grains with solubles (DDGS), dried distillers’ grains (DDG), wet distillers’ grains (WDG), and others.
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Distillers’ Grains Market Regional Analysis/Insights
The Distillers’ Grains market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Distillers’ Grains market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Distillers’ Grains within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Distillers’ Grains market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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