HOMINY FEED MARKET ANALYSIS

Market News

Recent Developments

New product launches

• Hominy Feed Plus by Archer Daniels Midland (ADM) (American multinational food processing and commodities trading corporation): This new product is a high-protein, high-fiber hominy feed that is designed to improve the growth and health of livestock. It is made with a blend of corn, soybeans, and hominy, and it is fortified with vitamins and minerals.
• Organic Hominy Feed by Purina: This new product is an organic hominy feed that is made with non-GMO corn and soybeans. It is a good source of protein, fiber, and vitamins, and it is suitable for all types of livestock.
• Hominy Feed Pellets by Diamond V: These new pellets are made with hominy and other ingredients that are specifically designed for poultry. They are easy to digest, and they provide a balanced diet that supports bird health and performance.

Acquisition and partnerships

• In 2021, Archer Daniels Midland (ADM) acquired Grain Processing Corporation (GPC) for US$8.81 billion. This acquisition gave ADM a major foothold in the global hominy feed market, as GPC was one of the leading producers of hominy feed in the U.S.
• In 2022, Cargill acquired Purina Animal Nutrition for US$4.4 billion. This acquisition gave Cargill a major presence in the animal feed market, including hominy feed.
• In 2023, Land O'Lakes acquired Diamond V Mills for an undisclosed amount. This acquisition gave Land O'Lakes a major presence in the feed additive market, which includes hominy feed additives.