Global Corn Protein Powder Market Growth 2024-2030

Global Corn Protein Powder Market Growth 2024-2030

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 global Corn Protein Powder market size is projected to grow from US$ 864.8 million in 2023 to US$ 1531.4 million in 2030; it is expected to grow at a CAGR of 8.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Corn Protein Powder Industry Forecast” looks at past sales and reviews total world Corn Protein Powder sales in 2023, providing a comprehensive analysis by region and market sector of projected Corn Protein Powder sales for 2024 through 2030. With Corn Protein Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Corn Protein Powder industry.

This Insight Report provides a comprehensive analysis of the global Corn Protein Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Corn Protein Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Corn Protein Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Corn Protein Powder and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Corn Protein 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.

This report presents a comprehensive overview, market shares, and growth opportunities of Corn Protein Powder market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Protein Content Less than 60%
Protein Content Greater than or Equal to 60%

Segmentation by application
Feed
Food
Medicine
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Corn Protein Powder market?

What factors are driving Corn Protein Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Corn Protein Powder market opportunities vary by end market size?

How does Corn Protein Powder break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.