Global Wet-Milling Market, By Equipment (Milling Equipment, Steeping Equipment, Centrifuge System, and Washing & Filtration System), Processing Size (Medium Line Processing and Large Line Processing), Source (Corn, Wheat, Cassava, and Potato), End Product (Sweetener, Ethanol, Corn Gluten Meal & Gluten Feed, Corn Oil, Corn Steep Liquor, and Protein), Application (Feed, Food, Steep Water, Oil Processing, Fermentation/Bioprocessing, Waste Treatment, Mill, Refinery, Ethanol Production and Starch Modification),Country (U.S., Canada, Mexico, China, Japan, India, Australia, Singapore, South Korea, Malaysia, Indonesia, Thailand, Philippines, New Zealand, Vietnam, Rest of Asia- Pacific, Germany, U.K., France, Spain, Italy, Denmark, Netherlands, Switzerland, Poland, Russia, Sweden, Belgium, Turkey, Rest of Europe, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Oman, Qatar, Kuwait and Rest of Middle East &
Market Analysis and Insights: Global Wet-Milling Market
Wet-milling 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 1.233% in the forecast period of 2020 to 2027and expected to reach USD 810.76 million by 2027. Increasing advancement in technologies and integrated equipment augments the growth of the wet-milling market.
Wet-milling is chain of processes which is expensive but efficient in which material like corn and wheat is soaked in with the aim of softening the kernel in order to segregate all components of that source so that utmost use of all components can be derived. Like, in case of corn, through wet milling process corn starch, corn oil, glucose and many other components are derived. Wet-milling is a crucial part of various industries like pharmaceutical, food & beverage, beauty & cosmetics and others as it provides various ingredients to them such as starch and protein, among others. Increasing application of all such components in food & beverage industry has boosted the growth of wet milling market.
For instance,
- In February 2020, Tate & Lyle introduced CLARIAEVERLAST
®
This wet-milling 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, geographical 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.
Global Wet-Milling Market Scope and Market Size
Wet-milling market is segmented on the basis of equipment, processing size, source, application and end products. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of equipment, the wet-milling market is segmented into milling equipment, steeping equipment, centrifuge system, washing & filtration system and others. The milling equipment segment in the wet-milling market is projected to dominate with the market as milling is the first stage of processing in the wet-milling market
- On the basis of processing size, the wet--milling market is segmented into medium line processing and large line processing. The medium line processing segment is dominating the market. Initiatives taken by government to move the production in-house and reliability of major players in the market on contract manufacturers enhances their reach and footprints in the domestic market and are fueling the market for medium line processing. Moreover, lesser capital investment is one of the major reasons for higher growth of this segment in the market.
- On the basis of source, the wet-milling market is segmented into corn, wheat, cassava, potato and others. The corn segment is further segmented into dent corn and waxy corn. The corn segment is dominating the market. Higher content of starch in the corn and easy availability makes corn the dominating segment.
- On the basis of end product, the wet-milling market is segmented into starch, sweetener, ethanol, corn gluten meal & gluten feed, corn oil, corn steep liquor, proteins and others. As starch is the primary product obtained in the milling process therefore, it is estimated to dominate the wet-milling market throughout the forecast period.
- On the basis of application, the wet-milling market is segmented into feed, food, steep water, oil processing, fermentation/bioprocessing, waste treatment, mill, refinery, ethanol production, starch modification and others. The feed segment is dominating the market due to higher amount of leftovers generated during the milling process of all type of sources during the production of desired end products such as ethanol, corn oil and steep water.
Global Wet-Milling Market Country Level Analysis
Global wet-milling Market is analysed and market size information is provided by equipment, processing size, source, end product, application and country referenced above.
The countries covered in the wet-milling market report are U.S., Canada, Mexico, China, Japan, India, Australia, Singapore, South Korea, Malaysia, Indonesia, Thailand, Philippines, New Zealand, Vietnam, Rest of Asia- Pacific, Germany, U.K., France, Spain, Italy, Denmark, Netherlands, Switzerland, Poland, Russia, Sweden, Belgium, Turkey, Rest of Europe, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Oman, Qatar, Kuwait and Rest of Middle East & Africa.
Wet-milling market is dominating the market due to increasing demand of wet-milling in the food industry. The North America is dominating the global wet milling market. The U.S. is dominating the North America wet-milling market due to increasing demand for end products of wet-milling such as starch. North America is followed by Europe. In Europe, Germany is dominating with rising demand for fruit sugars. And then in Asia-Pacific, China is dominating because of rising demand for biofuels.
The country section of the wet-milling market 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 acts and 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.
Increasing Preference of Wet-Milling
Wet-milling market also provides you with detailed market analysis for every country growth in wet milling industry with end products sales, components sales, impact of technological development in wet-milling market and changes in regulatory scenarios with their support for the wet-milling market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Wet-Milling Market Share Analysis
Wet-milling market 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 trials pipelines, new sweeteners, product approvals, patents, product taste improvements reports, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to pathogen detection market.
The major players covered in the wet-milling market report are Tate & Lyle, Cargill, Incorporated., ADM, Global Bio-chem Technology Group Company Limited., Grain Processing Corporation, Roquette Frères., AGRANABeteiligungs-AG, Ingredion Incorporated., GEA Group Aktiengesellschaft, ALFA LAVAL, Bühler AG, ANDRITZ, INGETECSA, Thai German Processing Co., Ltd., Henan Yonghan Machinery Equipment Co., Ltd., NETZSCH-Feinmahltechnik GmbH, Hanningfield Process Systems Ltd, Willy A. Bachofen AG and Universal Engineers, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In October 2019, Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions doubled the capacity of its non-GMOMALTOSWEET® Maltodextrin production line at its facility in Boleraz, Slovakia. MALTOSWEET® Maltodextrin is a nutritive corn-based specialty sweetener. This expands the production capacity to serve increasing demand.
- In January 2019, ADM launched a new product line named Tapioca starches which enhanced the product portfolio of the company, this will help company to cater customers’ needs in the global market.
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