
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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