Distillers’ Grains Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (DDGS, DDG, WDG, And Others), By Source (Corn, Wheat, And Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2020 Report Code: KSI061612723 Pages: 113
The distillers’ grains market was valued at US$12.544 billion in 2018 and is projected to expand at a CAGR of 5.07% over the forecast period to reach US$16.873 billion by 2024. Distillers' grains are by-product of bio ethanol production which is used to feed livestock. Growing organized livestock sector couple with nutritional benefits associated with distiller’s grains is expected to drive the growth of the market during the forecast period. Distiller’s grains have more protein and fiber contents than its substitutes. But lack of awareness in developing nations and ill-effects of excess consumption due to the possible high content of sulphur is expected to hamper the market growth opportunities during the forecast period. By type, DDGS segment is estimated to have a significant market share due to its several favourable properties such as high protein content, energy, and highly digestible phosphorus content. Its growing use as a replacement of expensive traditional feedstock such as corn and soybean meal is expected to contribute to its market growth. By source, corn segment is estimated to have a significant market share as it is the key grain in bio ethanol production resulting in increasing supply of corn-based distillers’ grains. 
 
Moreover, it provides high energy and protein to livestock due to high phosphorus content. It is also an economical alternative to other feed ingredients. By geography, North America is expected to dominate the market on account of high production and consumption of distillers’ grains, particularly in the United States. In addition, North American Free Trade Agreement (NAFTA) allows duty-free access to all grains promoted by United States Grains Council (USGC), which include distillers' grains leading to growing trade of these grains from the US to Canada and Mexico. The Asia Pacific market is expected to be one of the fastest growing regions due to increasing consumption of animal-based products and modernization of the feed industry in the region.
 
DRIVERS
Growth of organized livestock sector
Distillers’ grains are a beneficial substitute to conventional feedstock
 
RESTRAINT
Lack of awareness in developing countries
Ill-effects of excess consumption
 
INDUSTRY UPDATES
In March 2019, Flint Hills Resources announced today it will install Fluid Quip Process Technologies’ (FQPT) patented Maximized Stillage Co-Products (MSC)™ system at its Shell Rock, Iowa, ethanol plant. This technology allows dry mill ethanol plants to separate protein from the whole stillage that is a co-product of the ethanol-making process. Flint Hills markets this high-protein product as a feed ingredient called NexPro.
 
In September 2018, Poet Biorefining, the ethanol production arm of Poet LLC opened an80 million gallon expansion at its Marion, Ohio ethanol plant.

Distillers’ Grains Market Scope:

Report Metric Details
 Market size value in 2018  US$12.544 billion
 Market size value in 2024  US$16.873 billion
 Growth Rate  CAGR of 5.07% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Source, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Green Plains Inc., Pacific Ethanol Inc., Flint Hills Resources, Valero Marketing and Supply Company, CropEnergies Ag, Husky Energy Inc., Bunge Limited, Purina Animal Nutrition LLC, Poet LLC, Didion, Inc.
 Customization scope  Free report customization with purchase

SEGMENTATION

The Distillers’ Grain Market has been analyzed through the following segments:
 
By Type
DDGS
DDG
WDG
Others
 
By Source
Corn
Wheat
Others
 
By Geography
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Spain
Others
 
Middle East and Africa
Saudi Arabia
Israel
Others
 
Asia Pacific
China
Japan
South Korea
India
Others
 

Frequently Asked Questions (FAQs)

Q1. What will be the distillers’ grains market size by 2024?
A1. The global distillers’ grains market is projected to reach a market size of US$2,360.213 million in 2024.
 
Q2. What is the size of global distillers’ grains market?
A2. The distillers’ grains market was valued at US$12.544 billion in 2018.
 
Q3. What are the growth prospects for distillers’ grains market?
A3. Distillers’ Grains market is projected to expand at a CAGR of 5.07% over the forecast period.
 
Q4. Which region holds the largest market share in the global disinfectants market?
A4. North America is expected to dominate the market on account of high production and consumption of distillers’ grains, particularly in the United States.
 
Q5. What factors are anticipated to drive the distillers’ grains market growth?
A5. The Growing organized livestock sector coupled with nutritional benefits associated with distiller’s grains is expected to drive the growth of the market during the forecast period.
1. Introduction
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Distillers’ Grain Market By Type
5.1. DDGS
5.2. DDG
5.3. WDG
5.4. Others
6. Distillers’ Grain Market By Source
6.1. Corn
6.2. Wheat
6.3. Others
7. Distillers’ Grain Market By Geography
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East And Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. Competitive Intelligence
8.1. Competitive Benchmarking Analysis
8.2. Recent Investments And Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. Green Plains Inc.
9.2. Pacific Ethanol Inc.
9.3. Flint Hills Resources
9.4. Valero Marketing And Supply Company
9.5. Cropenergies AG
9.6. Husky Energy Inc.
9.8. Bunge Limited
9.9. Purina Animal Nutrition LLC
9.10. Poet LLC
9.11. Didion, Inc.
LIST OF FIGURES
LIST OF TABLES
Pacific Ethanol Inc.
Flint Hills Resources
Valero Marketing and Supply Company
CropEnergies Ag
Husky Energy Inc.
Bunge Limited
Purina Animal Nutrition LLC
Poet LLC
Didion, Inc.

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