Distillers Grains Market Trends Size by Type, By Source, By Livestock, By Geographic Scope & Forecast 2028
Distillers
Grains 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
soluble (DDGS). They are a partial replacement for expensive traditional energy
(corn), protein (soybean meal), and phosphorus (mono- or dicalcium phosphate)
ingredients used in animal feeds.
Distillers’ grains market
trend has been Segmented by Type, Source, Application, and Region.
Based on type, the global distillers’
grains market trend 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. In addition, DDGS has
a long shelf life and can be easily and conveniently transported over long
distances, which is also contributing to the growth of the DDGS segment.
By source, the global Distillers’
grains market trend has been categorized as wheat, corn, and others. The corn
segment is projected to garner the largest revenue share and register the
highest CAGR during the forecast period as corn is a widely used grain for
ethanol production. Moreover, it is an economical substitute for various feed
ingredients as it has a high phosphorous and protein content, which offers
energy to livestock.
Distillers’ grains market
trend 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 trend
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 trend 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 trend 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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