DDGS (Dried Distillers Grain in Soluble) is known as a protein-rich diet that has replaced the majority of the protein diets in the animal nutrition market that includes soybean, mustard, GNE, and similar items. DDGS is coming up as the most desired livestock feed. DDGS has low amylase content and is thus easy to digest. Feed distillers dried grains with solubles market has been widely influenced with increasing adoption of corn DDGS mainly for cattle and other livestock worldwide. Corn feeding distillers dried grains with solubles have further witnessed higher demand among cattle since it facilitates the growth of milk yield also enhances the content of protein and fats in it.
MARKET DYNAMICS
The feeding DDGS market has witnessed significant growth owing to factors such as wider product availability, such as corn, wheat, rice, blended grains, and others. The primary users of DDGS were the dairy and beef industries. Recently, the usage of DDGS in the swine industry began to increase dramatically and to a lesser extent in the poultry industry. Regions with high livestock production, such as the United States, has been witnessing the large DDGS market for the last few years. Furthermore, feeding distillers dried grains along with solubles (DDGS) market growth has also been influenced by the rise in use of rice feeding distillers dried grains with solubles (DDGS), as they are expected to witness meteoric rate of consumption in animal feedstock as it offers moderation of fiber content, easy digestibility, high protein content, high energy, and low fats. However, lack of knowledge in some developing countries, price volatility of the grains, and ill effects of excess consumption may hamper the growth of the feeding DDGS market. Nevertheless, with the steady growth in the animal farming sector and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Feeding DDGS Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the feeding DDGS market with detailed market segmentation by form, type, livestock, and geography. The global feeding DDGS market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feeding DDGS market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feeding DDGS market is segmented on the basis of form, type, and livestock. On the basis of form, the feeding DDGS market is segmented into powder, granules/particles, pellets, and briquettos. The feeding DDGS market on the basis of the type is classified into corn, wheat, rice, blended grains, and others. On the basis of livestock, global feeding DDGS market is bifurcated into dairy cattle, beef cattle, swine, poultry, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global feeding DDGS market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The feeding DDGS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feeding DDGS market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the feeding DDGS market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global feeding DDGS market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from feeding DDGS market are anticipated to lucrative growth opportunities in the future with the rising demand for feeding DDGS in the global market. Below mentioned is the list of few companies engaged in the feeding DDGS market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feeding DDGS market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Andersons Grain
- Archer Daniels Midland Company
- CHS Nutrition, Inc.
- ED and F MAN Deutschland GmbH
- Ensus UK Limited
- Globus Spirit Ltd.
- Husky Energy Inc.
- Kent Nutrition Group
- Land O' Lakes, Inc.
- Nugenfeeds
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