Wet-milling market 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.
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.
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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 & and Africa) Industry Trends and Forecast to 2027
- In February 2020, Tate & Lyle introduced CLARIAEVERLAST® Line of Clean Label Starches which improves the shelf-life of the product and even preserves the quality of food in extreme storage conditions. This expands their offerings to consumers by widening their product portfolio.
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.
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.
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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.
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 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.
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