Corn gluten meal is the byproduct of the corn mining sector which finds a large number of applications in different end-user sectors, including agriculture and food & beverages. Corn gluten meal is widely used as a supplement in the hog feed sector due to its high protein content. It is popular as an affordable aquaculture feed and is widely used in corn-based snack products.
There is a widespread interest of people in adopting corn gluten meal as pre-emergent herbicides owing to its weed inhibiting properties. The popularity of corn gluten meal, particularly among agriculturists, is soaring in developed regions due to the growing willingness of manufacturers to explore the wide range of applications of corn gluten meal as the best organic substitute to chemically derived herbicides. However, such an emerging landscape is likely to significantly accelerate the growth of the global corn gluten meal (CGM) market.
It is considered to be of higher value, particularly in the pet food sector due to its naturally high protein content. However, it is also used in aquaculture feed. It is also a rich source of phosphorus, iron, and carbohydrates. The corn gluten meal further enhances the taste and texture of the food products, and thereby it is used in various forms including wet, dry pellets, and dry loose in different food products. In addition, the product is considered to possess 10% of nitrogen by weight, which in turn also makes it an ideal fit as fertilizer for plants with well-established roots. All these aforementioned factors will promulgate the growth of the global market.
The global corn gluten meal (CGM) market can be segmented into applications, products, and regions.
By application, the market can be segmented into the food sector, lawn & garden use, and feed use.
By product, the market can be segmented into food grade and feed grade.
North America accounts for the largest share in the global corn gluten meal (CGM) market due to the growing demand for corn-based snack products in the region. Also, a huge chunk of the population is adopting gluten-free products in their diet, which in turn is also likely to accentuate the demand for these products in the market.
Asia Pacific is expected to foresee a significant growth rate in the global market over the forecast period due to the growing preferences for adopting natural weed and feet control products in place of synthetic chemicals. The presence of strong market leaders in the region is likely to further contribute to the growth of the regional market.
Some of the significant players in the global corn gluten meal (CGM) market are Commodity Specialists Company, Paramesu Biotech Private Limited, Prorich Agro Foods, Santosh Limited, Maize, Sodrugestvo, Pawar Agro Industries, Tate & Lyle, Tate & Lyle, and ADM. To cite, For instance, Cargill, Inc. in January 2016 launched its wet corn milling plant in Karnataka, India. This plant possesses a capacity of 800 tons of corn per day and is likely to further enhance its capacity and help the company widen its customer base.
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