Corn also is known as maize, is a cereal grain which was primarily cultivated by the native people of Southern Mexico. There is seen a significant rise in the total production of corn across the globe due to which, it has become a staple food in larger parts of the world. Food and Agriculture Organization (FAO) has stated that the total world production of corn or maize in 2017 alone was about 1,134 Mn tonnes. Various uses of corn such as in the human food to increase the nutritional value, in feed for livestock, in chemicals and biofuel, as a commodity, and many such is what making the product popular amongst businesses.
Corn steep liquor is derived from the process of corn wet milling at the very initial stage. Corn wet milling is a process in which corn kernels are broken down into their respective parts such as protein, corn starch, corn oil, and fibre. Corn steep liquor contains a variety of nutrients in it. It contains nitrogen in the form of peptides and amino acids, vitamins, and micro and macronutrients. Corn steep liquor is the best substitute for other organic fertilizers such as soybean meal, fish emulsion, chicken litter, and feather meal. With the use of corn steep liquor, nitrogen is already available to the plants and is not dependent upon the microbial activities essential to create nitrogen for the plants. Overall, the corn steep liquor market has a huge demand and opportunities in the markets across the globe.
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Increasing Consumption of Meat and Related Products Is Driving the Demand for Livestock Businesses, that is Ultimately Driving the Growth of the Corn Steep Liquor
The corn steep liquor has a number of applications in different industries. The primary factor that is driving the growth of the corn steep liquor market is the rapidly increasing consumption of meat and meat products that have led to rising in the livestock business across the world. The livestock business has created a lot of opportunities for the animal feed additives business such as corn steep liquor. Moreover, the use of corn steep liquor in the manufacturing of organic fertilizers is driving the market at large. The use of corn steep liquor in fertilizers provides nitrogen to the plants faster than the other organic fertilizers which is one of the reasons for the growth of the corn steep liquor market. It also provides a large number of nutrients to plants such as amino acids, vitamins, and minerals and proteins.
The key restraint in the corn steep liquor market is there are a number of substitutes available for the products in the market which is hindering the growth of the market.
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Global Corn Steep Liquor: Market Segmentation
On the foundation of nature, the corn steep liquor market is segmented as:
On the foundation of the certification type, the corn steep liquor market is segmented as:
On the foundation of the end use, the corn steep liquor market is segmented as:
- Food and beverages
- Animal feed
- Laboratory and research
On the foundation of the distribution channel, the corn steep liquor market is segmented as:
- Store-based retail
- Specialty stores
- Other retail formats
- Online stores
- Store-based retail
On the basis of form, the corn steep liquor market is segmented as:
Global Corn Steep Liquor Market: Key Players
Some of the key market participants in the corn steep liquor market are Merck KGaA, Tate & Lyle PLC, Grower's Secret, Inc., Gulshan Polyols Ltd., FeedStimulants, SSCPL Herbals, Anil Group, Sanstar Bio - Polymers Ltd., Tereos Starch & Sweeteners s.a.s., Tina Xu Shanghai Renyoung Pharmaceutical Co., Ltd., Spectrum Chemical Manufacturing Corp., and many others.
Some of the key importer, distributor, and suppliers of corn steep liquor include Parchem fine & specialty chemicals, Juci Corn Biotechnology Co., Ltd., Ms Biosolutions Llp, Informa PLC, and many more.
Opportunities for Market Participants
The manufacturers of corn steep liquor market have huge opportunities in the years to come. There is a significant rise in the organic fertilizers and animal feed across the globe especially in North America and Europe which provides the manufacturers with a huge opportunity in the market. Moreover, the manufacturers have opportunities in expanding their market in developing countries such as China, India, and other Asian countries. Manufacturers also have opportunities in promoting the corn steep liquor in the countries where farming and livestock business are the prime businesses.
The corn steep liquor market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the corn steep liquor market report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the corn bran market, including but not limited to:
The study is a source of reliable data on:
- Corn steep liquor market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The corn steep liquor market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The corn steep liquor market report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent corn steep liquor market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the corn steep liquor market report projects the attractiveness of each major segment over the forecast period.
Highlights of the corn bran market report:
- A complete backdrop analysis, which includes an assessment of the parent corn steep liquor market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the corn steep liquor market
- Recommendations to companies for strengthening their foothold in the corn steep liquor market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.