Global DDGS Market Growth 2023-2029

Global DDGS Market Growth 2023-2029

Distillers grains are a cereal byproduct of the distillation process.Brewer's spent grain usually refers to barley produced as a byproduct of brewing, while distillers grains are a mix of corn, rice and other grains.There are two main sources of these grains. The traditional sources were from brewers. More recently, ethanol biofuel plants are a growing source. It is created in distilleries by drying mash, and is subsequently sold for a variety of purposes, usually as fodder for livestock (especially ruminants). Corn-based distillers grains from the ethanol industry are commonly sold as a high protein livestock feed that increases efficiency and lowers the risk of subacute acidosis in beef cattle.Recently, studies indicate that dried distillers grains with solubles (DDGS) as a food source for human consumption may have some benefit in reducing heart disease risk.
LPI (LP Information)' newest research report, the “DDGS Industry Forecast” looks at past sales and reviews total world DDGS sales in 2022, providing a comprehensive analysis by region and market sector of projected DDGS sales for 2023 through 2029. With DDGS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world DDGS industry.
This Insight Report provides a comprehensive analysis of the global DDGS 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 DDGS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global DDGS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for DDGS 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 DDGS.
The global DDGS market size is projected to grow from US$ 11580 million in 2022 to US$ 16730 million in 2029; it is expected to grow at a CAGR of 16730 from 2023 to 2029.
USA is in the dominating position of global DDGS market, with a market share of over 50% in 2019. The next two regions are China and Europe, which accounted for about 13% and 9% of global market.
DDGS are widely used in the feed of various kinds of animals, such as ruminant, swine and poultry. The largest segment is Ruminant Feed, which occupied nearly 75% of the global market in 2019. Swine Feed and Poultry Feed took up about 12% and 6% of market share, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of DDGS market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ordinary Grade (Protein Content below 30%)
Premium Grade (Protein Content above 30%)
Segmentation by application
Ruminant Feed
Swine Feed
Poultry Feed
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.
POET
Archer-Daniel Midland
Valero
Pacific Ethanol
Green Plains Inc.
Flint Hills Resources
COFCO Biochemical
SDIC Bio Jilin
CHS Inc
Greenfield Global
Jilin Fuel Alcohol
Alcogroup
CropEnergies
Pannonia Bio
Husky Energy
Ace Ethanol
Envien Group
Manildra Group
United Petroleum
Essentica
Key Questions Addressed in this Report
What is the 10-year outlook for the global DDGS market?
What factors are driving DDGS market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do DDGS market opportunities vary by end market size?
How does DDGS break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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