Corn Wet-Milling

Global Corn Wet-Milling Market to Reach US$7.5 Billion by 2030

The global market for Corn Wet-Milling estimated at US$6.4 Billion in the year 2024, is expected to reach US$7.5 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2024-2030. Milling Equipment, one of the segments analyzed in the report, is expected to record a 3.1% CAGR and reach US$2.5 Billion by the end of the analysis period. Growth in the Steeping Equipment segment is estimated at 2.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.7 Billion While China is Forecast to Grow at 4.4% CAGR

The Corn Wet-Milling market in the U.S. is estimated at US$1.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 4.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.4% and 2.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Global Corn Wet-Milling Market - Key Trends and Drivers Summarized

What is Corn Wet-Milling?

Corn wet-milling is a process designed to break down corn kernels into their component parts like starch, protein, fiber, and oil to maximize their value. This method involves soaking the corn in water to soften the kernels and facilitate the separation of these components. The softened kernels are then processed through grinding and centrifugal actions to extract the various products. The primary output, corn starch, can be further processed into sugars like glucose and fructose, or fermented into ethanol, a renewable fuel. Additionally, the oil extracted during the wet-milling process is refined and used in products ranging from margarine to biodiesel. The remaining protein and fiber become feed products for livestock. This process not only maximizes the utility of corn but also contributes significantly to various industries, including food and beverage, animal nutrition, and energy.

How Does Corn Wet-Milling Impact the Food and Beverage Industry?

In the food and beverage industry, the versatility of corn wet-milling products is unmatched. Corn starch is a fundamental ingredient in numerous food products, acting as a thickener, binder, and stabilizer in items such as soups, sauces, and desserts. The sweeteners produced from corn starch, such as high-fructose corn syrup, are predominant in soft drinks and various processed foods, offering a cost-effective and efficient alternative to traditional cane sugar. Additionally, corn oil, another byproduct of wet-milling, is widely used for its mild flavor and high smoke point, making it ideal for frying and salad dressings. The adaptability of corn-based products to a diverse range of culinary applications drives innovation in food production and offers manufacturers the flexibility to meet evolving consumer preferences.

What Technological Advancements Are Influencing Corn Wet-Milling?

Technological advancements are significantly shaping the corn wet-milling process, enhancing efficiency and sustainability. Modern milling facilities have embraced automation to optimize every step of the wet-milling process, from the initial soaking of corn to the final extraction of components. This automation ensures precise control over processing conditions, which improves the yield and quality of the end products. Additionally, innovations in water recycling and treatment technologies within milling plants are reducing water consumption and minimizing environmental impact. Another significant development is the enzymatic milling process, which uses specific enzymes to break down corn components more efficiently and at lower temperatures, thereby reducing energy usage and further supporting sustainability in the industry.

What Drives the Growth in the Corn Wet-Milling Market?

The growth in the corn wet-milling market is driven by several factors, including the rising global demand for processed foods and bioethanol, advancements in industrial technology, and increasing awareness of sustainable practices. The demand for corn-derived sweeteners, particularly high-fructose corn syrup, continues to grow in markets where it is a cost-effective substitute for sugar. Additionally, the push for renewable energy sources has heightened the demand for bioethanol, propelling the market for corn-based ethanol production. Technological advancements that increase the efficiency and reduce the environmental footprint of corn wet-milling processes also encourage further adoption of this method. Moreover, as consumers and regulatory bodies call for more environmentally friendly and sustainable industrial processes, the corn wet-milling industry is adapting to meet these demands, ensuring its continued expansion and relevance in the global market.

SCOPE OF STUDY:

The report analyzes the Corn Wet-Milling market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Equipment (Milling Equipment, Steeping Equipment, Centrifuge Systems, Washing & Filtration Systems, Other Equipment); Application (Feed, Food, Industrial); End-Use (Sweeteners, Ethanol, Corn Gluten Meal & Gluten Feed, Starch, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 46 Featured) -

• Agrana Beteiligungs-AG
• Archer Daniels Midland Company
• Bunge Ltd.
• Cargill, Inc.
• Global Bio-Chem Technology Group Co., Ltd.
• Graham Packaging Company
• Ingredion, Inc.
• Roquette
• Tate & Lyle PLC

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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