Corn Germ Meal Market Size is Estimated to grow at a CAGR of 8.1% during the forecast period


Posted January 30, 2024 by Jameslin

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.

 
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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Tags corn germ meal market , corn germ meal market size , corn germ meal market share , corn germ meal market news
Last Updated January 30, 2024