Asia-Pacific Corn Steep Liquor Market, By Product Type (Inorganic/Conventional, Organic), Form (Powder, Liquid), Application (Animal Feed, Fertilizers, Fermented Products, Pharmaceutical Industries, Fishing Bait, Other Industrial Applications), Country (China, India, Japan, South Korea, Indonesia, Philippines, Vietnam, Thailand, Australia, New Zealand, Malaysia, , Singapore, Rest of Asia-Pacific) -Industry Trends and Forecast To2027
Market Analysis and Insights: Asia-Pacific Corn Steep Liquor Market
Corn steep liquor market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.3%in the forecast period of 2020 to 2027and expected to reach USD 555.25 million by 2027. Multiple usagesof the corn steep liquor such as fertilizers, feed additives and others of corn steep liquor driving factor for the market growth.
Corn steep liquor is a by-product which is produced during the steeping process in corn wet milling. It is rich in nutritional values as it contains high amount of nitrogen in form of amino acids, minerals and others. Due to its high nutritional value, it has its multiple usages in different sectors such as animal nutrition, fertilizers, fermented food products and others. It is being available in both liquid and powder form which are used in the production of enzymes, antibiotics and fermentation of other products.
This Corn Steep Liquor Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Corn Steep Liquor Scope and Market Size
Asia-Pacific corn steep liquor market is categorized on the basis of product type, form and application.
- On the basis of product type, Asia-Pacific corn steep liquor market is segmented into organic and inorganic/conventional. Inorganic products are dominating the marketas it is highly produced from the corn which produced inorganically. However, organic segment may grow in future due to high demand for the organic food products and its benefits on heath in Asia-Pacific region.
- On the basis of form, Asia-Pacific corn steep liquor market is segmented into powder and liquid. Powder segment is dominating the market as it contains high nutritional value and also it is easy to usedue to which it’s utilization in different sector such as feed and fertilizers is high.
- On the basis of application, Asia-pacific corn steep liquor market is segmented into fertilizers, pharmaceutical industries, fermented products, animal feed, fishing bait, and other industrial application. In Asia-Pacific animal feed segment is dominating in japan due to its high nutritive content such as vitamins, lattice acid, proteins and others. Due to its high nutritional value, it is used by animal feed industry for the production of feed products which are highly nutritive.However, fertilizers segment may grow in future due to high demand for organic food product in agriculture sector.
Asia-Pacific Corn Steep Liquor Market Country Level Analysis
Asia-Pacific corn steep liquor market is analysed and market size information is provided by country,product type, form and application.
The countries covered in the corn steep liquor market report are China, India, Indonesia, Philippines, Vietnam, Thailand, Australia, New Zealand, South Korea, Malaysia, Japan, Singapore and rest of Asia-Pacific.
China country is dominating the market as the demand of the corn steep liquor is high for the different applications such as animal nutrition, fertilizers and others due to its high nutritional value and cheap cost. Along with this, numbers of manufacturer are also involved in providing the respective product in market. India is accounting second largest share as the production of corn is high and through it manufacturers are able to manufacture the product at a great level. Indonesia country accounts better share after China and India due to high production of corn and hence manufacturers are able to easily produce products. Along with this the demand for the corn steep liquor is high in different sector such as feed additive and fertilizers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory actsand import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
High Demand of Ready to Corn Steep Liquor in Developed Nation
Corn steep liquor market also provides you with detailed market analysis for every country growth in corn steep liquorindustry withitssales, components for the corn steep liquormarket. The data is available for historic period 2010 to 2018.
Competitive Landscape and Corn Steep Liquor Market Share Analysis
Corn steep liquormarket competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific corn steep liquor market.
The major players covered in the report areGulshan Polyols Ltd., Merck KGaA, Baolingbao Biology Co., Ltd., Roquette Frères, Tereos, Juci Corn Biotechnology Co., Ltd, Global Biochem Technology Group Company Limited, Sanstar Bio - Polymers Ltd., Friendship Corn Starch Co., Ltd., Yantai Lu Shun Huitong Biological Technology Co., Ltd and Shandong Shanshi Chemical Co., Ltd. and other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
As it is by-product, awareness is low among people for its benefits; still companies are trying to provide the information about the product so that the demand will increase in market.
- In April, TEREOS STARCH & SWEETENERS EUROPE showcased their offering in the China market. A business division of Tereos, Starch & Sweeteners participated in Food Ingredients China exhibition conducted at Shanghai. Through this, the company conveyed their product offering for Chinese consumer which has further helped in maximizing its customer base.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their revenue throughtheir product with multiple applications.
Customization Available : Asia-Pacific Corn Steep Liquor Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies.We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.