Global Corn Gluten Market Size By Type (Feed Grade, Industry Grade), By Application (Herbicide, Animal Feed), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 20835 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:
The Global Corn Gluten Market was valued at USD 1.3 billion in 2023 and is anticipated to surpass USD 2.1 billion by 2031, registering a CAGR of 6.1% during the forecast period from 2023 to 2031. The market's growth is driven by increasing demand for corn gluten in animal feed, rising preference for natural herbicides in agricultural practices, and growing consumer awareness regarding organic and non-GMO products. Corn gluten, a byproduct of corn milling, is extensively used for its protein content in animal feed, and as a natural herbicide, meeting the demand for eco-friendly agricultural inputs.
Drivers
Growing Demand for Animal Feed: Corn gluten
is a vital protein source in livestock and poultry feed, contributing to better
growth and feed conversion rates. Rising global meat consumption supports this
demand.
Rise in Organic and Sustainable Farming
Practices: As a natural herbicide, corn gluten meets the rising consumer
preference for organic, sustainable agriculture, promoting its adoption among
farmers.
Increased Production of Corn-Based
Products: The global corn milling industry’s expansion boosts the availability
and affordability of corn gluten, supporting market growth.
Restraints
High Price Volatility of Raw Corn:
Fluctuations in corn prices due to variable yields and demand can impact corn
gluten production costs and prices, affecting market growth.
Limited Awareness in Emerging Regions:
Limited awareness of corn gluten’s benefits in emerging markets may hinder
market expansion in certain areas.
Opportunity
Expansion in Emerging Economies: With the
growing focus on sustainable agriculture in regions like Asia-Pacific and Latin
America, significant opportunities exist for expanding corn gluten's
application in animal feed and herbicides.
Innovation in Animal Feed Products:
Increasing R&D on feed formulations incorporating corn gluten offers
potential for improved livestock health and feed efficiency, promoting corn
gluten demand.
Market by System Type Insights
In the system type category, Animal Feed
dominated the market in 2023, primarily due to its rich protein content, which
enhances livestock growth and feed efficiency. The segment is expected to
maintain its lead as the animal feed industry continues to expand globally.
Agriculture is also a growing segment, with corn gluten used as a natural
herbicide, aligning with the trend toward organic and environmentally friendly
farming practices.
Market by End-use Insights
Among end-uses, the Livestock and Poultry
Feed sector held the largest market share in 2023, supported by increased meat
production and the need for high-protein feed ingredients. Crop Protection is
anticipated to grow significantly as farmers adopt natural alternatives to
chemical herbicides, driven by rising organic food demand.
Market by Regional Insights
North America led the corn gluten market in
2023, benefiting from a well-established animal feed industry and high adoption
of organic herbicides. Asia-Pacific is expected to witness the highest growth
rate during the forecast period, fueled by rising meat consumption, the
expansion of the livestock industry, and growing organic farming practices in
countries like China and India.
Competitive Scenario
Key players in the Global Corn Gluten
Market include Cargill, Inc., Tate & Lyle, ADM, Roquette Frères, Grain
Processing Corporation, Ingredion Incorporated, and Bunge Ltd. These companies
are focusing on capacity expansions, product innovation, and sustainability
initiatives to strengthen their market position. For example:
In 2023, Cargill expanded its corn gluten
production capacity in North America to meet the growing demand in the animal
feed sector.
ADM announced a collaboration with a
leading organic farming organization in 2024 to promote corn gluten as a
natural herbicide.
Scope
of Work – Global Corn Gluten Market
Report
Metric |
Details |
Market Size in 2023 |
USD 1.3 billion |
Market Size in 2031 |
USD 2.1 billion |
Growth Rate (CAGR) |
6.1% (2023-2031) |
Market Segments |
System Type, End-Use, Region |
Growth Drivers |
Demand for animal feed, sustainable
farming practices |
Opportunities |
Emerging markets, product innovation in
animal feed |
Key
Market Developments
2023: Cargill expanded its corn gluten
production facility in North America to cater to the rising demand in the
animal feed industry.
2024: ADM collaborated with organic farming
organizations to promote corn gluten in organic agriculture as a natural
herbicide.
2025: Roquette Frères launched a new range
of corn gluten products tailored for livestock nutrition.
FAQs
What is the current market size of the
Global Corn Gluten Market?
The Global Corn Gluten Market was valued at
USD 1.3 billion in 2023.
What is the major growth driver of the
Global Corn Gluten Market?
The primary growth drivers are the demand
for high-protein animal feed and the increasing adoption of sustainable farming
practices.
Which is the largest region during the
forecast period in the Global Corn Gluten Market?
North America currently holds the largest
market share, but Asia-Pacific is expected to grow rapidly.
Which segment accounted for the largest
market share in the Global Corn Gluten Market?
The Animal Feed segment accounted for the largest
market share in 2023.
Who are the key market players in the
Global Corn Gluten Market?
Key players include Cargill, Inc., Tate
& Lyle, ADM, Roquette Frères, Grain Processing Corporation, Ingredion
Incorporated, and Bunge Ltd.
This report provides a comprehensive and
SEO-friendly overview of the Global Corn Gluten Market, aligned with the latest
trends and growth factors.
Speak with an analyst to get exclusive insights tailored to your needs