Corn Gluten Feed Market, By Nature (Organic and Conventional), by Product Type (Wet Corn Gluten Feed and Dry Corn Gluten Feed), By Application (Ruminant Animals, Poultry Animals, Pet Food, Aqua Feed, and Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)

Published In : Jul 2023

Code : CMI4067

Pages :175

Formats :

Excel and PDF

Industry : Food and Beverages

Market News

Key Developments

In 2020, more than 40.6% of the overall meat production belonged to the poultry group, according to the FAO. Globally, the vast majority of consumers are looking to boost their protein intake, which has led to the increased consumption of meat and eggs. These factors along with the growing consumption of processed meat in the fast-food sector will propel the gluten product demand significantly.
In February 2022Feed millers could employ a NIR-based technology to maximize the usage of high-value raw materials, Si-Ware. FT-NIR spectral scanning technology would make it possible to measure the protein and nutrient content of raw materials, enabling real-time decisions to maximize feed production and lower input costs. According to the business, the cost of input raw materials like soybean meals and corn gluten meals is rising, which will eventually result in cost savings.
In February 2022, Gujarat Ambuja Exports, an manufacture and distributer announced to build a brand-new corn wet milling facility in Uttarakhand, India. The corn wet milling plant is being built for the production of sorbitol, maltitol, and mannitol, as well as starch and starch derivatives. After plant UNIT-III is operational, the company's capacity, which was roughly 750 tons per day before, will increase to 1,750 tons per day. The price for the same is estimated to be between $ 60473970, and it will be paid through internal accruals.