Global Distiller?s Dried Grains with Solubles Market Size By Type (Type I, Type II), By Application (Application I, Application II), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10560 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Distiller’s Dried Grains with Solubles (DDGS) Market was valued at USD 15.6 billion in 2023 and is projected to surpass USD 25.3 billion by 2031, registering a CAGR of 6.3% during the forecast period from 2023 to 2031. DDGS, a co-product of ethanol production, has emerged as a vital component in animal feed due to its high nutritional value and cost-effectiveness. Its widespread use in livestock feed, including for poultry, swine, and cattle, is driving market growth, complemented by increasing global meat consumption and rising demand for high-quality feed ingredients.

Drivers

Rising Demand for Livestock Feed: The growing global demand for meat and dairy products is driving the need for high-quality livestock feed, making DDGS an increasingly popular choice due to its rich protein and fiber content.

Cost-Effectiveness of DDGS: Compared to traditional feed ingredients, DDGS offers a cost-efficient solution, making it particularly attractive in price-sensitive markets.

Increased Ethanol Production: The parallel growth of the ethanol industry is boosting DDGS supply, as it is a by-product of ethanol production, ensuring consistent availability.

Restraints

Logistical Challenges: Transportation and storage issues, particularly in developing regions, can hinder the market's growth.

Volatility in Raw Material Prices: Fluctuations in corn and other feedstock prices used in ethanol production can directly impact DDGS costs.

Opportunities

Emerging Markets in Asia-Pacific and Latin America: Rapid urbanization and population growth in these regions are driving the expansion of the livestock industry, presenting lucrative opportunities for DDGS adoption.

Innovation in Feed Formulations: Ongoing research in animal nutrition is encouraging the development of innovative DDGS-based feed products tailored to specific livestock needs.

Market by System Type Insights

The Corn-Based DDGS segment dominated the market in 2023, thanks to its widespread availability and superior nutritional profile. With ethanol production expanding globally, the corn-based DDGS market is expected to grow significantly during the forecast period.

Market by End-Use Insights

In 2023, the Poultry Feed segment emerged as the largest revenue contributor, accounting for over 40% of the market share. DDGS is particularly valued in poultry diets for its high protein and amino acid content, which supports optimal growth and productivity.

Market by Regional Insights

North America held the largest market share in 2023, attributed to the region's well-established ethanol and livestock industries. However, the Asia-Pacific region is anticipated to experience the highest growth rate, fueled by expanding livestock operations and growing demand for meat and dairy products in countries like China, India, and Vietnam.

Competitive Scenario

Key players in the Global Distiller’s Dried Grains with Solubles Market include Archer Daniels Midland Company, POET, LLC, Green Plains Inc., Valero Energy Corporation, Flint Hills Resources, Pacific Ethanol, Inc., and CHS Inc. These companies are focusing on production capacity expansion, strategic partnerships, and geographical diversification to strengthen their market position.

Scope of Work – Global Distiller’s Dried Grains with Solubles Market

Report Metric

Details

Market Size (2023)

USD 15.6 billion

Projected Market Size (2031)

USD 25.3 billion

CAGR (2023-2031)

6.3%

Key Market Segments

Corn-Based DDGS, Wheat-Based DDGS, Other Types

Major Growth Drivers

Rising demand for livestock feed, cost-effectiveness of DDGS

Opportunities

Expansion in Asia-Pacific, innovation in feed formulations

Key Market Developments

In 2023: Archer Daniels Midland expanded its ethanol production facilities to enhance DDGS output in North America.

In 2024: POET, LLC introduced a new processing technology to improve the protein content of DDGS for high-value feed markets.

In 2025: Green Plains Inc. partnered with a leading animal nutrition company to develop customized DDGS-based feed formulations for swine and poultry.

FAQs

What is the current market size of the Global Distiller’s Dried Grains with Solubles Market? The market was valued at USD 15.6 billion in 2023.

What is the major growth driver of the Global Distiller’s Dried Grains with Solubles Market? The rising demand for livestock feed and the cost-effectiveness of DDGS are the primary growth drivers.

Which is the largest region during the forecast period in the Global Distiller’s Dried Grains with Solubles Market? North America holds the largest market share, while Asia-Pacific is expected to witness the highest growth rate.

Which segment accounted for the largest market share in the Global Distiller’s Dried Grains with Solubles Market? The Poultry Feed segment accounted for the largest market share in 2023.

Who are the key market players in the Global Distiller’s Dried Grains with Solubles Market? Key players include Archer Daniels Midland Company, POET, LLC, Green Plains Inc., Valero Energy Corporation, Flint Hills Resources, Pacific Ethanol, Inc., and CHS Inc.

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