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HOMINY FEED MARKET ANALYSIS

Hominy Feed Market, By Type of Hominy W(hite Hominy, Yellow Hominy), By Form (Whole Hominy, Crushed Hominy), By Application (Livestock Feed, Industrial Uses, Human Consumption), By Distribution Channel (Direct Sales, Indirect Sales), By Processing Method (Traditional, Modern/Industrial), By Price (Premium, Android Mid-range, Low-end), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Nov 2023
  • Code : CMI6149
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

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.

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