Covid-19 Impact On Distillers’ Grains Industry Competitive Strategies, Forecasts To 2024

By Author: Nikhil khadilkar
Total Articles: 431
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Market Highlights

The cereal by-product obtained during the distillation of grains to produce spirits such as whisky, gin, and vodka is known as distillers’ grains. The rising trend of precision nutrition among feed manufacturers is expected to result in lucrative opportunities for market players in the coming years. The nutritional requirements of animals vary as per their species, stage of life cycle, and productivity. Thus, it is essential to provide the required nutrition to animals. To cater to such specific nutritional requirements and improve livestock productivity in areas with inadequate feed resources, feed manufacturers are laying emphasis on the high energy, protein, and phosphorus content of dried distillers’ grains with solubles (DDGS).

Distillers’ Grains Market has been Segmented by Type, Source, Application, and Region.

Based on type, the global Distillers’ Grains Industry has been segmented into wet distillers’ grains (WDG), dried distillers’ grains with solubles (DDGS), dried distillers’ grains (DDG), and others. The DDGS segment is expected to be the largest and fastest ...
... growing during the assessment period. The segment growth can be attributed to the high energy, protein, and phosphorus content of DDGS.

Distillers’ Grains Market has been segregated, by application, into animal feed and others. The animal feed segment has further been categorized as ruminants, poultry, swine, and others. The animal feed segment is expected to be dominant and exhibit the higher growth rate during the review period owing to the increasing demand for animal-based products. In the animal feed segment, the ruminant’s sub-segment is expected to account for the largest market share while the poultry sub-segment is expected to register the highest growth rate during the forecast period.

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Key Players

Some of the key players in the global distillers’ grains market are ADM (US), Valero (US), Green Plains Inc. (US), Pacific Ethanol, Inc. (US), Flint Hills Resources (US), Didion Milling Inc. (US), CropEnergies AG (Germany), Purina Animal Nutrition (Land O’ Lakes) (US), Husky Energy (Canada), and Bunge Limited (US).

Regional Analysis

The global distillers’ grains market has been segmented, based on region, into North America, Europe, Asia-Pacific, the rest of the world.

North America is expected to dominate the global distillers’ grains market during the forecast period due to the growing trade relations between the US, Canada, and Mexico. The implementation of the North American Free Trade Agreement (NAFTA) in the region has encouraged healthy trade, which includes distillers’ grains, promoted by the United States Grains Council (USGC). However, the surging demand for animal-based products in Asia-Pacific is expected to result in the regional market registering the highest growth rate during the forecast period.

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