Overview:

Distiller’s Dried Grains with Solubles Market is projected to propel 15.45 billion at a high 6.86% CAGR during the forecast 2022-2030. Market Research Future (MRFR) projects the global DDGS Market to exhibit a strong CAGR over the forecast period on the back of the growing demand for distiller’s dried grains with solubles in the food and feed sectors. The new report from MRFR studies the global DDGS Market’s leading segments to understand their performance trajectory over the historical review period and to project their movement over the forecast period. The leading players operating in the global DDGS Market are also profiled in the report to provide readers with a clear picture of the competitive dynamics of the market.

Distiller’s dried grains with solubles are a byproduct of the distillery industry and constitute the protein- and fiber-rich husks left over from the distillery’s processes. Distiller’s dried grains with solubles comprise the perfect solution for the animal feed industry, as they contain high amounts of fibers and proteins and little sugar, making them perfect for ruminants and other animals. The growing demand from the animal feed industry is likely to be the major driver for the global DDGS Market Research over the forecast period. The growing demand for meat and other animal products has led to a growing demand for improvements in animal feed formulations to keep the animals healthy and in peak shape. This is likely to drive the global DDGS Market over the forecast period 2022-2030.

The growing use of distiller’s dried grains with solubles for the production of human meals is also likely to be a major driver for the global DDGS Market over the forecast period. The rising prevalence of cardiovascular diseases, particularly among the geriatric population, has led to a growing demand for high-fiber meals, as high fiber intake helps protect against cardiovascular diseases. The easy availability and high suitability of distiller’s dried grains with solubles for the production of high-fiber foods for human consumption are likely to drive the global DDGS Market over the forecast period.

Segmentation:

The global distiller’s dried grains with solubles has been segmented on the basis of source, application, form, and region.

By source, the global DDGS Market is segmented into biofuel plants, breweries, and others. Biofuel plants account for the highest share in the global DDGS Market due to the growing demand for biofuels in North and Latin America and Asia Pacific.

By application, the global DDGS Market is segmented into animal feed, food and beverage, and others. The animal feed segment dominates the global DDGS Market and is likely to remain the leading revenue generator in the market over the forecast period, although the food and beverage segment is also likely to exhibit steady growth in the coming years.

By form, the global distiler’s dried grains with solubles market is segmented into pellets, powder, and others. The pellets segment holds the major share in the global DDGS Market.

Regional Analysis:

The global DDGS Market is segmented into North America, Europe, Asia Pacific, and rest of the world on the basis of region. North America dominates the global DDGS Market Report due to the growing presence of the animal feed industry in the region and the growing demand for low-cost formulations of animal feed in the U.S. and Canada. Asia Pacific is also likely to register strong growth over the forecast period due to the growing demand for distiller’s dried grains with solubles in the animal feed industry. The growing animal products market in Asia Pacific is likely to drive the DDGS Market in the region over the forecast period.

Competitive Analysis:

Leading players in the global DDGS Market include Archer Daniels Midland, CropEnergies, Nugen Feeds & Foods, Kent Feeds, J. D. Heiskell Holdings LLC, CHS Inc., and Globus Spirits Ltd.

Industry Updates:

Efforts to ease the trade war between the U.S. and China are likely to be beneficial for the distiller’s dried grains market, as the product is one of the key items on the agenda.

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013,

United States of America.