Global Corn Protein Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Corn Protein Powder market size was valued at USD 909.6 million in 2023 and is forecast to a readjusted size of USD 1543.5 million by 2030 with a CAGR of 7.8% during review period.
Corn protein powder, also known as corn protein concentrate or corn gluten meal, is a byproduct of corn processing. It is derived from the wet milling process of corn, where the starch is separated from the other components of the corn kernel. The remaining protein-rich portion is then dried and ground into a fine powder.
The market for corn protein powder has been experiencing steady growth in recent years. Several factors contribute to this trend:
Increasing demand for animal feed: Corn protein powder is a valuable source of protein for animal feed, particularly in poultry and livestock diets. With the rising demand for meat and dairy products worldwide, there is a growing need for high-quality protein sources to support animal nutrition and growth.
Focus on sustainable and plant-based protein: As consumers become more conscious about the environmental impact of animal agriculture, there is a growing interest in plant-based alternatives. Corn protein powder, being derived from corn, a plant source, fits into this trend. It offers a sustainable and plant-based protein option for animal feed and is considered a more environmentally friendly alternative to animal-based protein sources.
Expansion of the pet food industry: The pet food industry is experiencing significant growth, driven by increasing pet ownership and the humanization of pets. Corn protein powder is used as an ingredient in pet foods, providing a source of protein for dogs, cats, and other companion animals. The expansion of the pet food industry contributes to the demand for corn protein powder.
Research and development: Ongoing research and development efforts in the field of corn protein extraction and processing have led to the development of improved techniques and higher-quality products. These advancements have made corn protein powder more appealing to manufacturers and end-users, further driving its market growth.
Regulatory support: The regulatory environment plays a crucial role in shaping the market for corn protein powder. Favorable regulations and guidelines related to animal feed ingredients and labeling support the use and marketability of corn protein powder as a safe and recognized ingredient.
Overall, the market for corn protein powder is expected to continue growing as the demand for sustainable and plant-based protein sources increases, both in animal feed and in the wider food industry. However, market dynamics can be influenced by factors such as price fluctuations, competition from other protein sources, and consumer preferences.
The Global Info Research report includes an overview of the development of the Corn Protein Powder industry chain, the market status of Feed (Protein Content Less than 60%, Protein Content Greater than or Equal to 60%), Food (Protein Content Less than 60%, Protein Content Greater than or Equal to 60%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Corn Protein Powder.
Regionally, the report analyzes the Corn Protein Powder markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Corn Protein Powder market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Corn Protein Powder market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Corn Protein Powder industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Tons), revenue generated, and market share of different by Type (e.g., Protein Content Less than 60%, Protein Content Greater than or Equal to 60%).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Corn Protein Powder market.
Regional Analysis: The report involves examining the Corn Protein Powder market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Corn Protein Powder market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Corn Protein Powder:
Company Analysis: Report covers individual Corn Protein Powder manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Corn Protein Powder This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Feed, Food).
Technology Analysis: Report covers specific technologies relevant to Corn Protein Powder. It assesses the current state, advancements, and potential future developments in Corn Protein Powder areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Corn Protein Powder market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Corn Protein Powder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Protein Content Less than 60%
Protein Content Greater than or Equal to 60%
Market segment by Application
Feed
Food
Medicine
Others
Major players covered
Cargill
Meihua Group
BBCA Group
Starlight Group
Shandong Shouguang Juneng Golden Corn
QILU Biotechnology
Heilongjiang XMXYG Biochemical
Yufeng Industry Group
Gangfa Feed
BioZein Technology
Xingsi Food
ClonBio Group
Creative Enzymes
Tate & Lyle
Sodrugestvo
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Corn Protein Powder product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Corn Protein Powder, with price, sales, revenue and global market share of Corn Protein Powder from 2019 to 2024.
Chapter 3, the Corn Protein Powder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Corn Protein Powder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Corn Protein Powder market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Corn Protein Powder.
Chapter 14 and 15, to describe Corn Protein Powder sales channel, distributors, customers, research findings and conclusion.