Corn Steep Liquor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Fairfield Market Research, a leading provider of market insights, unveils a promising outlook for the global Corn Steep Liquor market. In 2024, the market generated a revenue of US$ 3.9 billion. By the end of 2031, the market is poised to reach a valuation of US$ 4.7 billion.
Key Trends Shaping the Corn Steep Liquor Market
Growing Trend for Organic Products
The global demand for organic products is having a significant impact on the Corn Steep Liquor market. As a rich source of amino acids, minerals, and vitamins, Corn Steep Liquor is increasingly favored as an organic fertilizer in agriculture. The free nitrogen content in Corn Steep Liquor is readily absorbed by plants, promoting rapid growth and development. The global organic agriculture sector, with a 20% increase in farmland in 2020, is driving the demand for organic agricultural aids, including Corn Steep Liquor.
Versatile Functionality Benefits Market Growth
Corn Steep Liquor's versatility has made it a valuable asset across various industries, offering cost-effective nutrition solutions for the feed industry. It provides animals with essential proteins, amino acids, and vitamins, enabling optimal growth in a shorter timeframe. Additionally, Corn Steep Liquor acts as an excellent feed binder, finds application in specific aquaculture diets, serves as bait in sports fishing, and enhances the appearance of poultry feed. Its multifaceted benefits have contributed to its increasing adoption.
Increasing Demand for Meat and Meat Products
The industrialization of meat production has led to a surge in demand for animal feed, and Corn Steep Liquor is emerging as a key additive in this context. With its cost-effective nutritional benefits, Corn Steep Liquor supports the growth of animals, meeting the high demand for meat and animal products. It is considered an ideal choice for animal feed manufacturers, given its role in reducing feed costs, a major component of livestock businesses.
Challenges in Fermentation Process and Market Penetration
While Corn Steep Liquor offers great nutritional value, it faces challenges related to stability, precipitation, and foam formation in the fermentation process. Maintaining stability during fermentation requires significant effort, making it vulnerable to substitution by more stable conventional/chemical alternatives. Furthermore, the market for fertilizers and feed additives is saturated with chemical alternatives, limiting Corn Steep Liquor's market penetration.
Country-wise Insights
Demand Outlook for Corn Steep Liquor in the U.S. Market
The U.S. market is predicted to reach US$ 1,404.2 million in sales for 2023, driven by the rapidly expanding animal feed and fertilizer industry.
Consumption Outlook of Corn Steep Liquor in the U.K. Market
Strong demand for meat and meat products in the U.K. has led to a consumption value of US$ 149.5 million for Corn Steep Liquor by the end of 2023, making the U.K. a lucrative space for the market.
Competitive Landscape
Prominent Market Players
• Tereos
• Cargill, Inc.
• Archer-Daniels-Midland Company
• Global Bio-chem Technology Group Company Limited
• Juci Corn Biotechnology Co.,Ltd
• Sanstar Bio-Polymers Ltd.
• Baolingbao Biology Co.,Ltd.
• Gulshan Polyols Limited
• Ingredion Incorporated
Corn Steep Liquor Industry Research by Category
By Nature:
• Organic
• Conventional
By Form:
• Liquid
• Powder
By Application:
• Fertilizers
• Fermentation
• Animal Feed
Swine
Ruminants
Poultry
Others
By Region:
• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa
Please note: The PDF e-mail from publisher version of this report is for a global site license. Delivery Timelines - 5 working days.
- 1. Executive Summary
- 1.1. Global Corn Steep Liquor Market Snapshot
- 1.2. Future Projections
- 1.3. Key Market Trends
- 1.4. Regional Snapshot, by Value, 2023
- 1.5. Analyst Recommendations
- 2. Market Overview
- 2.1. Market Definitions and Segmentations
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
- 2.3. Value Chain Analysis
- 2.4. Porter’s Five Forces Analysis
- 2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
- 2.6. Impact of Ukraine-Russia Conflict
- 2.7. Economic Overview
- 2.7.1. World Economic Projections
- 2.8. PESTLE Analysis
- 3. Global Corn Steep Liquor Market Outlook, 2018 – 2031
- 3.1. Global Corn Steep Liquor Market Outlook, by Nature, Value (US$ Bn), 2018 – 2031
- 3.1.1. Key Highlights
- 3.1.1.1. Organic
- 3.1.1.2. Conventional
- 3.2. Global Corn Steep Liquor Market Outlook, by Form, Value (US$ Bn), 2018 – 2031
- 3.2.1. Key Highlights
- 3.2.1.1. Liquid
- 3.2.1.2. Powder
- 3.3. Global Corn Steep Liquor Market Outlook, by Application, Value (US$ Bn), 2018 – 2031
- 3.3.1. Key Highlights
- 3.3.1.1. Fertilizers
- 3.3.1.2. Fermentation
- 3.3.1.3. Animal Feed
- 3.3.1.3.1. Swine
- 3.3.1.3.2. Ruminants
- 3.3.1.3.3. Poultry
- 3.3.1.3.4. Others
- 3.4. Global Corn Steep Liquor Market Outlook, by Region, Value (US$ Bn), 2018 – 2031
- 3.4.1. Key Highlights
- 3.4.1.1. North America
- 3.4.1.2. Europe
- 3.4.1.3. Asia Pacific
- 3.4.1.4. Latin America
- 3.4.1.5. Middle East & Africa
- 4. North America Corn Steep Liquor Market Outlook, 2018 – 2031
- 4.1. North America Corn Steep Liquor Market Outlook, by Nature, Value (US$ Bn), 2018 – 2031
- 4.1.1. Key Highlights
- 4.1.1.1. Organic
- 4.1.1.2. Conventional
- 4.2. North America Corn Steep Liquor Market Outlook, by Form, Value (US$ Bn), 2018 – 2031
- 4.2.1. Key Highlights
- 4.2.1.1. Liquid
- 4.2.1.2. Powder
- 4.3. North America Corn Steep Liquor Market Outlook, by Application, Value (US$ Bn), 2018 – 2031
- 4.3.1. Key Highlights
- 4.3.1.1. Fertilizers
- 4.3.1.2. Fermentation
- 4.3.1.3. Animal Feed
- 4.3.1.3.1. Swine
- 4.3.1.3.2. Ruminants
- 4.3.1.3.3. Poultry
- 4.3.1.3.4. Others
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
- 4.4. North America Corn Steep Liquor Market Outlook, by Country, Value (US$ Bn), 2018 – 2031
- 4.4.1. Key Highlights
- 4.4.1.1. U.S. Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 4.4.1.2. U.S. Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 4.4.1.3. U.S. Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 4.4.1.4. Canada Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 4.4.1.5. Canada Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 4.4.1.6. Canada Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis
- 5. Europe Corn Steep Liquor Market Outlook, 2018 – 2031
- 5.1. Europe Corn Steep Liquor Market Outlook, by Nature, Value (US$ Bn), 2018 – 2031
- 5.1.1. Key Highlights
- 5.1.1.1. Organic
- 5.1.1.2. Conventional
- 5.2. Europe Corn Steep Liquor Market Outlook, by Form, Value (US$ Bn), 2018 – 2031
- 5.2.1. Key Highlights
- 5.2.1.1. Liquid
- 5.2.1.2. Powder
- 5.3. Europe Corn Steep Liquor Market Outlook, by Application, Value (US$ Bn), 2018 – 2031
- 5.3.1. Key Highlights
- 5.3.1.1. Fertilizers
- 5.3.1.2. Fermentation
- 5.3.1.3. Animal Feed
- 5.3.1.3.1. Swine
- 5.3.1.3.2. Ruminants
- 5.3.1.3.3. Poultry
- 5.3.1.3.4. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
- 5.4. Europe Corn Steep Liquor Market Outlook, by Country, Value (US$ Bn), 2018 – 2031
- 5.4.1. Key Highlights
- 5.4.1.1. Germany Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.2. Germany Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.3. Germany Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.1.4. U.K. Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.5. U.K. Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.6. U.K. Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.1.7. France Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.8. France Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.9. France Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.1.10. Italy Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.11. Italy Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.12. Italy Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.1.13. Turkey Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.14. Turkey Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.15. Turkey Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.1.16. Russia Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.17. Russia Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.18. Russia Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.1.19. Rest of Europe Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 5.4.1.20. Rest of Europe Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 5.4.1.21. Rest of Europe Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis
- 6. Asia Pacific Corn Steep Liquor Market Outlook, 2018 – 2031
- 6.1. Asia Pacific Corn Steep Liquor Market Outlook, by Nature, Value (US$ Bn), 2018 – 2031
- 6.1.1. Key Highlights
- 6.1.1.1. Organic
- 6.1.1.2. Conventional
- 6.2. Asia Pacific Corn Steep Liquor Market Outlook, by Form, Value (US$ Bn), 2018 – 2031
- 6.2.1. Key Highlights
- 6.2.1.1. Liquid
- 6.2.1.2. Powder
- 6.3. Asia Pacific Corn Steep Liquor Market Outlook, by Application, Value (US$ Bn), 2018 – 2031
- 6.3.1. Key Highlights
- 6.3.1.1. Fertilizers
- 6.3.1.2. Fermentation
- 6.3.1.3. Animal Feed
- 6.3.1.3.1. Swine
- 6.3.1.3.2. Ruminants
- 6.3.1.3.3. Poultry
- 6.3.1.3.4. Others
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
- 6.4. Asia Pacific Corn Steep Liquor Market Outlook, by Country, Value (US$ Bn), 2018 – 2031
- 6.4.1. Key Highlights
- 6.4.1.1. China Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 6.4.1.2. China Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 6.4.1.3. China Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 6.4.1.4. Japan Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 6.4.1.5. Japan Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 6.4.1.6. Japan Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 6.4.1.7. South Korea Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 6.4.1.8. South Korea Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 6.4.1.9. South Korea Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 6.4.1.10. India Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 6.4.1.11. India Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 6.4.1.12. India Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 6.4.1.13. Southeast Asia Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 6.4.1.14. Southeast Asia Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 6.4.1.15. Southeast Asia Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 6.4.1.16. Rest of Asia Pacific Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 6.4.1.17. Rest of Asia Pacific Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 6.4.1.18. Rest of Asia Pacific Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis
- 7. Latin America Corn Steep Liquor Market Outlook, 2018 – 2031
- 7.1. Latin America Corn Steep Liquor Market Outlook, by Nature, Value (US$ Bn), 2018 – 2031
- 7.1.1. Key Highlights
- 7.1.1.1. Organic
- 7.1.1.2. Conventional
- 7.2. Latin America Corn Steep Liquor Market Outlook, by Form, Value (US$ Bn), 2018 – 2031
- 7.2.1.1. Liquid
- 7.2.1.2. Powder
- 7.3. Latin America Corn Steep Liquor Market Outlook, by Application, Value (US$ Bn), 2018 – 2031
- 7.3.1. Key Highlights
- 7.3.1.1. Fertilizers
- 7.3.1.2. Fermentation
- 7.3.1.3. Animal Feed
- 7.3.1.3.1. Swine
- 7.3.1.3.2. Ruminants
- 7.3.1.3.3. Poultry
- 7.3.1.3.4. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
- 7.4. Latin America Corn Steep Liquor Market Outlook, by Country, Value (US$ Bn), 2018 – 2031
- 7.4.1. Key Highlights
- 7.4.1.1. Brazil Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 7.4.1.2. Brazil Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 7.4.1.3. Brazil Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 7.4.1.4. Mexico Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 7.4.1.5. Mexico Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 7.4.1.6. Mexico Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 7.4.1.7. Argentina Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 7.4.1.8. Argentina Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 7.4.1.9. Argentina Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 7.4.1.10. Rest of Latin America Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 7.4.1.11. Rest of Latin America Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 7.4.1.12. Rest of Latin America Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis
- 8. Middle East & Africa Corn Steep Liquor Market Outlook, 2018 – 2031
- 8.1. Middle East & Africa Corn Steep Liquor Market Outlook, by Nature, Value (US$ Bn), 2018 – 2031
- 8.1.1. Key Highlights
- 8.1.1.1. Organic
- 8.1.1.2. Conventional
- 8.2. Middle East & Africa Corn Steep Liquor Market Outlook, by Form, Value (US$ Bn), 2018 – 2031
- 8.2.1. Key Highlights
- 8.2.1.1. Liquid
- 8.2.1.2. Powder
- 8.3. Middle East & Africa Corn Steep Liquor Market Outlook, by Application, Value (US$ Bn), 2018 – 2031
- 8.3.1. Key Highlights
- 8.3.1.1. Fertilizers
- 8.3.1.2. Fermentation
- 8.3.1.3. Animal Feed
- 8.3.1.3.1. Swine
- 8.3.1.3.2. Ruminants
- 8.3.1.3.3. Poultry
- 8.3.1.3.4. Others
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
- 8.4. Middle East & Africa Corn Steep Liquor Market Outlook, by Country, Value (US$ Bn), 2018 – 2031
- 8.4.1. Key Highlights
- 8.4.1.1. GCC Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 8.4.1.2. GCC Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 8.4.1.3. GCC Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 8.4.1.4. South Africa Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 8.4.1.5. South Africa Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 8.4.1.6. South Africa Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 8.4.1.7. Egypt Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 8.4.1.8. Egypt Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 8.4.1.9. Egypt Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 8.4.1.10. Nigeria Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 8.4.1.11. Nigeria Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 8.4.1.12. Nigeria Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 8.4.1.13. Rest of Middle East & Africa Corn Steep Liquor Market by Nature, Value (US$ Bn), 2018 – 2031
- 8.4.1.14. Rest of Middle East & Africa Corn Steep Liquor Market by Form, Value (US$ Bn), 2018 – 2031
- 8.4.1.15. Rest of Middle East & Africa Corn Steep Liquor Market by Application, Value (US$ Bn), 2018 – 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis
- 9. Competitive Landscape
- 9.1. By Application vs by Form Heat map
- 9.2. Manufacturer vs by Form Heat map
- 9.3. Company Market Share Analysis, 2023
- 9.4. Competitive Dashboard
- 9.5. Company Profiles
- 9.5.1. Tereos
- 9.5.1.1. Company Overview
- 9.5.1.2. Product Portfolio
- 9.5.1.3. Financial Overview
- 9.5.1.4. Business Strategies and Development
- 9.5.2. Cargill, Inc.
- 9.5.2.1. Company Overview
- 9.5.2.2. Product Portfolio
- 9.5.2.3. Financial Overview
- 9.5.2.4. Business Strategies and Development
- 9.5.3. Archer-Daniels-Midland Company
- 9.5.3.1. Company Overview
- 9.5.3.2. Product Portfolio
- 9.5.3.3. Financial Overview
- 9.5.3.4. Business Strategies and Development
- 9.5.4. Global Bio-chem Technology Group Company Limited
- 9.5.4.1. Company Overview
- 9.5.4.2. Product Portfolio
- 9.5.4.3. Financial Overview
- 9.5.4.4. Business Strategies and Development
- 9.5.5. Juci Corn Biotechnology Co., Ltd
- 9.5.5.1. Company Overview
- 9.5.5.2. Product Portfolio
- 9.5.5.3. Financial Overview
- 9.5.5.4. Business Strategies and Development
- 9.5.6. Sanstar Bio-Polymers Ltd.
- 9.5.6.1. Company Overview
- 9.5.6.2. Product Portfolio
- 9.5.6.3. Financial Overview
- 9.5.6.4. Business Strategies and Development
- 9.5.7. Baolingbao Biology Co., Ltd.
- 9.5.7.1. Company Overview
- 9.5.7.2. Product Portfolio
- 9.5.7.3. Financial Overview
- 9.5.7.4. Business Strategies and Development
- 9.5.8. Gulshan Polyols Limited
- 9.5.8.1. Company Overview
- 9.5.8.2. Product Portfolio
- 9.5.8.3. Financial Overview
- 9.5.8.4. Business Strategies and Development
- 9.5.9. Ingredion Incorporated
- 9.5.9.1. Company Overview
- 9.5.9.2. Product Portfolio
- 9.5.9.3. Financial Overview
- 9.5.9.4. Business Strategies and Development
- 10. Appendix
- 10.1. Research Methodology
- 10.2. Report Assumptions
- 10.3. Acronyms and Abbreviations
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