Wet-Milling Market Synopsis
Global wet-milling market size was valued at USD 774.07 million in 2023 and is projected to reach USD 853.39 million by 2032, with a CAGR of 1.23% during the forecast period of 2024 to 2032.
The wet-milling market involves a process where various raw materials, primarily corn, are soaked in water or other solvents to soften and separate their components, such as starch, protein, fiber, and oil. This method is widely used in industries like food, pharmaceuticals, and biofuels to produce products like corn syrup, ethanol, gluten, and sweeteners. The market caters to growing demand for processed foods, renewable energy, and sustainable industrial applications, offering numerous byproducts for diverse sectors, including animal feed and biodegradable packaging.
- The wet-milling market can be regarded as highly growing market, as the need for processed food products is increasing, along with the requirements to high quality of main components. Wet milling is an important processing method widely employed in food and beverages, pharmaceuticals, cosmetics, and biological substances such as bio fuel. This method is very useful for separation of starchy, proteiny and other useful components from raw materials especially grains such as corn, wheat or rice. The need for better features of ingredients has made wet milling to be popular among several manufactures as a way of improving on the quality of their products, and making customer satisfaction possible.
- Scientific progress has also greatly contributed to the strategic growth of the wet-milling market. Advances in the equipment used in processing and in processing conditions have enhanced the yields and performance with less loss and energy use. Further, the clean label products demand has led the manufacturers to use wet milling methods that help them extract nutritional components without undesirable chemicals. The high level of consumer concern for health and nutrition has created a need for wet-mill products like natural sweeteners, emulsifiers and thickenery, for use in foods.
- Regionally, North America has a significant market for wet-milling because of highly developed food processing industry and strong agriculture production. That said, the Asia Pacific region is expected to have the highest growth rate during the forecast period due to the increasing rate of industrialization, urbanization a fast-growing population that requires processed food. The market has several players that are set on the development of products as well as constantly merging with other companies to have a strong market hold. In summary, observations show that the global wet-milling market is experiencing positive future prospects owing to growing consumer preferences, development in technologies, and widespread adoption of industrial application.
Wet-Milling Market Trend Analysis
Rising Demand for Processed Foods and Sustainability in Wet-Milling
- Another observed trend in the wet-milling market is that the need for processed foods has grown greatly to enhance the wet-milling process of extracting starch in addition to gluten, oil and proteins. With consumer preference shifting to convenience or ready-to-eat foods and health conscious food items, the use of modified starches and high fructose corn syrup (prepared through wet-milling) has augmented. As consumers’ preferences evolve towards demanding higher quality and worth, food producers have agreed to adopt wet-milling systems in the production of their products particularly for production of functional food ingredients.
- Also, the increasing consciousness of renewable power has broadened wet-milling usage across the biochemicals, especially ethanol, industry. As the science around biofuels intensifies, especially as a part of international efforts to reduce carbon emissions, there will be a growing need for wet-milling solutions in manufacturing ethanol from corn and other grains. Such a trend is supplemented by state programmes in the utilization of renewable electricity and bio-mass products and places wet-milling as a vital player in increasing the food and bio-energy industries.
Technological Advancements and Waste Utilization in Wet-Milling
- There are new tendencies in the wet-milling market today: the level of technological development of the mill significantly increases the level of production efficiency and reduces costs. Some of the developments witnessed in the milling equipment include efficient grinding equipment and enhanced separations that are combining to enable manufacturers get a higher value from their grains while producing better goods. Furthermore, inclusion of enzymes to gelatinize the starches has not only enhanced the extraction process but has also improved the mode of food processing in terms of environmental end sustainability. This focus on technological improvements is paramount since it allows firms to deal with ever advancing regulatory requirements while at the same time reducing the level of impact on the environment.
- In addition, the pharmaceutical industry is now using wet-milling techniques in particle size reduction in drug manufacture as a way of improving bioavailability and efficacy of some medicines. With the he growing need for improved and stronger drugs, wet-milling is playing an important part in this sector as well. In addition, there is increasing concerns towards waste minimization and use of co-products resulting into increase use of wet-milling process in recovering of value added products like proteins, fibers and oil from grains. This diversification into different industries should help support the growth of the wet-milling market, as processes in this sector remain dynamic to changing customer and market requirements.
Wet-Milling Market Segment Analysis:
Wet-Milling Market Segmented based on By Equipment, By Processing size, By Source, By End product, By Application
By Equipment, Milling Equipment segment is expected to dominate the market during the forecast period
- Milling Equipment is one of the basic tools in the modification of grain to ensure they are in forms that can be useful. This category groups a number of machines which are used to mill grains in order to separate or extract components such as starch, proteins and fibers. The use of roller mills and hammer mills, as well as the optimization of parameters is a key to a fine particle size, which is the key to consistent performance in the next stage of processing. The extent to which these milling operation affects the yield rate and quality of the final product is yet another reason why choosing the right equipment was important for specific processing requirements.
- Both in the food and feed industries, the selection of mill equipment determines productivity rates, cost of production, and quality of final products. High-performance milling systems do not only elevate actual extraction rates of the targeted part, but also saves more on the product as the worthless elements are reduced to a nude minimum. Also added to this is the improvement of milling systems whereby the current processes can be automated to allow for efficiency in the production process. Since consumers’ expectations touching on quality and purity of the products continue to go high, producers need to embrace modern technology as embodied in efficient millage to fit in this very competitive market.
By Application, Feed segment held the largest share in 2023
- They include processed grains of which corn and wheat top the list and the animal feed sector is the main consumer. Some of these grains have been mentioned below and are common in the preparation of diets for the livestock. In particular, corn gluten meal and protein byproducts are mainly preferred for protein level, energy and its availability and digestibility potential for the nutrition of the various live stock including cattle, poultry and swine. The consumption of processed grains by animals has different and many uses other than increasing rates and efficiency of the feed and general health in the life stock production.
- Also the increasing market for animal products such as meat, dairy products and eggs Increases the necessity of using quality feed ingredients. These formulated feeds from processed grains thus makes feed formulation for livestock producers to be low cost thus meeting their animals’ nutritional requirements. In fact, as the livestock business continuously evolves due to the increasing population and dietary pattern, processed grains continue to be an essential player in animal feeds diets. The above has been the case and this has provided research and development impetus for other feed formulations to accommodate the nutritional needs of the livestock producers without compromising the well being and health of the animals.
Wet-Milling Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- They include processed grains of which corn and wheat top the list and the animal feed sector is the main consumer. Some of these grains have been mentioned below and are common in the preparation of diets for the livestock. In particular, corn gluten meal and protein byproducts are mainly preferred for protein level, energy and its availability and digestibility potential for the nutrition of the various live stock including cattle, poultry and swine. The consumption of processed grains by animals has different and many uses other than increasing rates and efficiency of the feed and general health in the life stock production.
- Also the increasing market for animal products such as meat, dairy products and eggs Increases the necessity of using quality feed ingredients. These formulated feeds from processed grains thus makes feed formulation for livestock producers to be low cost thus meeting their animals’ nutritional requirements. In fact, as the livestock business continuously evolves due to the increasing population and dietary pattern, processed grains continue to be an essential player in animal feeds diets. The above has been the case and this has provided research and development impetus for other feed formulations to accommodate the nutritional needs of the livestock producers without compromising the well being and health of the animals.
Active Key Players in the Wet-Milling Market
- Tate & Lyle
- Cargill, Incorporated.
- ADM
- Global Bio-chem Technology Group Company Limited.
- Grain Processing Corporation
- Roquette Frères.
- AGRANABeteiligungs-AG
- Ingredion Incorporated.
- GEA Group Aktiengesellschaft
- ALFA LAVAL
- Bühler AG
- ANDRITZ
- INGETECSA
- Thai German Processing Co., Ltd.
- Henan Yonghan Machinery Equipment Co., Ltd.
- NETZSCH-Feinmahltechnik GmbH
- Hanningfield Process Systems Ltd
- Willy A. Bachofen AG
- Universal Engineers
- Other Key Players
Global Wet-Milling Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 774.07 Mn. |
Forecast Period 2023-34 CAGR: |
1.23% |
Market Size in 2032: |
USD 853.39 Bn. |
Segments Covered: |
By Equipment |
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By Processing size |
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By Source |
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By End product
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Wet-Milling Market by Equipment
4.1 Wet-Milling Market Snapshot and Growth Engine
4.2 Wet-Milling Market Overview
4.3 Milling Equipment
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Milling Equipment: Geographic Segmentation Analysis
4.4 Steeping Equipment
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Steeping Equipment: Geographic Segmentation Analysis
4.5 Centrifuge System
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Centrifuge System: Geographic Segmentation Analysis
4.6 and Washing & Filtration System
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 and Washing & Filtration System: Geographic Segmentation Analysis
Chapter 5: Wet-Milling Market by Processing Size
5.1 Wet-Milling Market Snapshot and Growth Engine
5.2 Wet-Milling Market Overview
5.3 Medium Line Processing and Large Line Processing
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Medium Line Processing and Large Line Processing: Geographic Segmentation Analysis
Chapter 6: Wet-Milling Market by Source
6.1 Wet-Milling Market Snapshot and Growth Engine
6.2 Wet-Milling Market Overview
6.3 Corn
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Corn: Geographic Segmentation Analysis
6.4 Wheat
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Wheat: Geographic Segmentation Analysis
6.5 Cassava
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Cassava: Geographic Segmentation Analysis
6.6 and Potato
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 and Potato: Geographic Segmentation Analysis
Chapter 7: Wet-Milling Market by End Product
7.1 Wet-Milling Market Snapshot and Growth Engine
7.2 Wet-Milling Market Overview
7.3 Sweetener
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Sweetener: Geographic Segmentation Analysis
7.4 Ethanol
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Ethanol: Geographic Segmentation Analysis
7.5 Corn Gluten Meal & Gluten Feed
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Corn Gluten Meal & Gluten Feed: Geographic Segmentation Analysis
7.6 Corn Oil
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Corn Oil: Geographic Segmentation Analysis
7.7 Corn Steep Liquor
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Corn Steep Liquor: Geographic Segmentation Analysis
7.8 and Protein
7.8.1 Introduction and Market Overview
7.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.8.3 Key Market Trends, Growth Factors and Opportunities
7.8.4 and Protein: Geographic Segmentation Analysis
Chapter 8: Wet-Milling Market by Application
8.1 Wet-Milling Market Snapshot and Growth Engine
8.2 Wet-Milling Market Overview
8.3 Feed
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Feed: Geographic Segmentation Analysis
8.4 Food
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Food: Geographic Segmentation Analysis
8.5 Steep Water
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Steep Water: Geographic Segmentation Analysis
8.6 Oil Processing
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Oil Processing: Geographic Segmentation Analysis
8.7 Fermentation/Bioprocessing
8.7.1 Introduction and Market Overview
8.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.7.3 Key Market Trends, Growth Factors and Opportunities
8.7.4 Fermentation/Bioprocessing: Geographic Segmentation Analysis
8.8 Waste Treatment
8.8.1 Introduction and Market Overview
8.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.8.3 Key Market Trends, Growth Factors and Opportunities
8.8.4 Waste Treatment: Geographic Segmentation Analysis
8.9 Mill
8.9.1 Introduction and Market Overview
8.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.9.3 Key Market Trends, Growth Factors and Opportunities
8.9.4 Mill: Geographic Segmentation Analysis
8.10 Refinery
8.10.1 Introduction and Market Overview
8.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.10.3 Key Market Trends, Growth Factors and Opportunities
8.10.4 Refinery: Geographic Segmentation Analysis
8.11 Ethanol Production and Starch Modification
8.11.1 Introduction and Market Overview
8.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.11.3 Key Market Trends, Growth Factors and Opportunities
8.11.4 Ethanol Production and Starch Modification: Geographic Segmentation Analysis
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Wet-Milling Market Share by Manufacturer (2023)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 TATE & LYLE
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 CARGILL
9.4 INCORPORATED
9.5 ADM
9.6 GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED
9.7 GRAIN PROCESSING CORPORATION
9.8 ROQUETTE FRÈRES
9.9 AGRANABETEILIGUNGS-AG
9.10 INGREDION INCORPORATED
9.11 GEA GROUP AKTIENGESELLSCHAFT
9.12 ALFA LAVAL
9.13 BÜHLER AG
9.14 ANDRITZ
9.15 INGETECSA
9.16 THAI GERMAN PROCESSING CO
9.17 LTD
9.18 HENAN YONGHAN MACHINERY EQUIPMENT CO
9.19 LTD
9.20 NETZSCH-FEINMAHLTECHNIK GMBH
9.21 HANNINGFIELD PROCESS SYSTEMS LTD
9.22 WILLY A BACHOFEN AG AND UNIVERSAL ENGINEERS
9.23 OTHER ACTIVE PLAYERS
Chapter 10: Global Wet-Milling Market By Region
10.1 Overview
10.2. North America Wet-Milling Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size By Equipment
10.2.4.1 Milling Equipment
10.2.4.2 Steeping Equipment
10.2.4.3 Centrifuge System
10.2.4.4 and Washing & Filtration System
10.2.5 Historic and Forecasted Market Size By Processing Size
10.2.5.1 Medium Line Processing and Large Line Processing
10.2.6 Historic and Forecasted Market Size By Source
10.2.6.1 Corn
10.2.6.2 Wheat
10.2.6.3 Cassava
10.2.6.4 and Potato
10.2.7 Historic and Forecasted Market Size By End Product
10.2.7.1 Sweetener
10.2.7.2 Ethanol
10.2.7.3 Corn Gluten Meal & Gluten Feed
10.2.7.4 Corn Oil
10.2.7.5 Corn Steep Liquor
10.2.7.6 and Protein
10.2.8 Historic and Forecasted Market Size By Application
10.2.8.1 Feed
10.2.8.2 Food
10.2.8.3 Steep Water
10.2.8.4 Oil Processing
10.2.8.5 Fermentation/Bioprocessing
10.2.8.6 Waste Treatment
10.2.8.7 Mill
10.2.8.8 Refinery
10.2.8.9 Ethanol Production and Starch Modification
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Wet-Milling Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size By Equipment
10.3.4.1 Milling Equipment
10.3.4.2 Steeping Equipment
10.3.4.3 Centrifuge System
10.3.4.4 and Washing & Filtration System
10.3.5 Historic and Forecasted Market Size By Processing Size
10.3.5.1 Medium Line Processing and Large Line Processing
10.3.6 Historic and Forecasted Market Size By Source
10.3.6.1 Corn
10.3.6.2 Wheat
10.3.6.3 Cassava
10.3.6.4 and Potato
10.3.7 Historic and Forecasted Market Size By End Product
10.3.7.1 Sweetener
10.3.7.2 Ethanol
10.3.7.3 Corn Gluten Meal & Gluten Feed
10.3.7.4 Corn Oil
10.3.7.5 Corn Steep Liquor
10.3.7.6 and Protein
10.3.8 Historic and Forecasted Market Size By Application
10.3.8.1 Feed
10.3.8.2 Food
10.3.8.3 Steep Water
10.3.8.4 Oil Processing
10.3.8.5 Fermentation/Bioprocessing
10.3.8.6 Waste Treatment
10.3.8.7 Mill
10.3.8.8 Refinery
10.3.8.9 Ethanol Production and Starch Modification
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Bulgaria
10.3.9.2 The Czech Republic
10.3.9.3 Hungary
10.3.9.4 Poland
10.3.9.5 Romania
10.3.9.6 Rest of Eastern Europe
10.4. Western Europe Wet-Milling Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size By Equipment
10.4.4.1 Milling Equipment
10.4.4.2 Steeping Equipment
10.4.4.3 Centrifuge System
10.4.4.4 and Washing & Filtration System
10.4.5 Historic and Forecasted Market Size By Processing Size
10.4.5.1 Medium Line Processing and Large Line Processing
10.4.6 Historic and Forecasted Market Size By Source
10.4.6.1 Corn
10.4.6.2 Wheat
10.4.6.3 Cassava
10.4.6.4 and Potato
10.4.7 Historic and Forecasted Market Size By End Product
10.4.7.1 Sweetener
10.4.7.2 Ethanol
10.4.7.3 Corn Gluten Meal & Gluten Feed
10.4.7.4 Corn Oil
10.4.7.5 Corn Steep Liquor
10.4.7.6 and Protein
10.4.8 Historic and Forecasted Market Size By Application
10.4.8.1 Feed
10.4.8.2 Food
10.4.8.3 Steep Water
10.4.8.4 Oil Processing
10.4.8.5 Fermentation/Bioprocessing
10.4.8.6 Waste Treatment
10.4.8.7 Mill
10.4.8.8 Refinery
10.4.8.9 Ethanol Production and Starch Modification
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 Netherlands
10.4.9.5 Italy
10.4.9.6 Russia
10.4.9.7 Spain
10.4.9.8 Rest of Western Europe
10.5. Asia Pacific Wet-Milling Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size By Equipment
10.5.4.1 Milling Equipment
10.5.4.2 Steeping Equipment
10.5.4.3 Centrifuge System
10.5.4.4 and Washing & Filtration System
10.5.5 Historic and Forecasted Market Size By Processing Size
10.5.5.1 Medium Line Processing and Large Line Processing
10.5.6 Historic and Forecasted Market Size By Source
10.5.6.1 Corn
10.5.6.2 Wheat
10.5.6.3 Cassava
10.5.6.4 and Potato
10.5.7 Historic and Forecasted Market Size By End Product
10.5.7.1 Sweetener
10.5.7.2 Ethanol
10.5.7.3 Corn Gluten Meal & Gluten Feed
10.5.7.4 Corn Oil
10.5.7.5 Corn Steep Liquor
10.5.7.6 and Protein
10.5.8 Historic and Forecasted Market Size By Application
10.5.8.1 Feed
10.5.8.2 Food
10.5.8.3 Steep Water
10.5.8.4 Oil Processing
10.5.8.5 Fermentation/Bioprocessing
10.5.8.6 Waste Treatment
10.5.8.7 Mill
10.5.8.8 Refinery
10.5.8.9 Ethanol Production and Starch Modification
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Wet-Milling Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size By Equipment
10.6.4.1 Milling Equipment
10.6.4.2 Steeping Equipment
10.6.4.3 Centrifuge System
10.6.4.4 and Washing & Filtration System
10.6.5 Historic and Forecasted Market Size By Processing Size
10.6.5.1 Medium Line Processing and Large Line Processing
10.6.6 Historic and Forecasted Market Size By Source
10.6.6.1 Corn
10.6.6.2 Wheat
10.6.6.3 Cassava
10.6.6.4 and Potato
10.6.7 Historic and Forecasted Market Size By End Product
10.6.7.1 Sweetener
10.6.7.2 Ethanol
10.6.7.3 Corn Gluten Meal & Gluten Feed
10.6.7.4 Corn Oil
10.6.7.5 Corn Steep Liquor
10.6.7.6 and Protein
10.6.8 Historic and Forecasted Market Size By Application
10.6.8.1 Feed
10.6.8.2 Food
10.6.8.3 Steep Water
10.6.8.4 Oil Processing
10.6.8.5 Fermentation/Bioprocessing
10.6.8.6 Waste Treatment
10.6.8.7 Mill
10.6.8.8 Refinery
10.6.8.9 Ethanol Production and Starch Modification
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkey
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Wet-Milling Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size By Equipment
10.7.4.1 Milling Equipment
10.7.4.2 Steeping Equipment
10.7.4.3 Centrifuge System
10.7.4.4 and Washing & Filtration System
10.7.5 Historic and Forecasted Market Size By Processing Size
10.7.5.1 Medium Line Processing and Large Line Processing
10.7.6 Historic and Forecasted Market Size By Source
10.7.6.1 Corn
10.7.6.2 Wheat
10.7.6.3 Cassava
10.7.6.4 and Potato
10.7.7 Historic and Forecasted Market Size By End Product
10.7.7.1 Sweetener
10.7.7.2 Ethanol
10.7.7.3 Corn Gluten Meal & Gluten Feed
10.7.7.4 Corn Oil
10.7.7.5 Corn Steep Liquor
10.7.7.6 and Protein
10.7.8 Historic and Forecasted Market Size By Application
10.7.8.1 Feed
10.7.8.2 Food
10.7.8.3 Steep Water
10.7.8.4 Oil Processing
10.7.8.5 Fermentation/Bioprocessing
10.7.8.6 Waste Treatment
10.7.8.7 Mill
10.7.8.8 Refinery
10.7.8.9 Ethanol Production and Starch Modification
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
Global Wet-Milling Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 774.07 Mn. |
Forecast Period 2023-34 CAGR: |
1.23% |
Market Size in 2032: |
USD 853.39 Bn. |
Segments Covered: |
By Equipment |
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By Processing size |
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By Source |
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By End product
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Market research report is 2024-2032.
Tate & Lyle, Cargill, Incorporated., ADM, Global Bio-chem Technology Group Company Limited., Grain Processing Corporation, Roquette Frères., AGRANABeteiligungs-AG, Ingredion Incorporated., GEA Group Aktiengesellschaft, ALFA LAVAL, Bühler AG, ANDRITZ, INGETECSA, Thai German Processing Co., Ltd., Henan Yonghan Machinery Equipment Co., Ltd., NETZSCH-Feinmahltechnik GmbH, Hanningfield Process Systems Ltd, Willy A. Bachofen AG and Universal Engineers and among others
The Wet-Milling Market is segmented into By Equipment, By Processing size, By Source, By End product, By Application and region. By Equipment, the market is categorized into Milling Equipment, Steeping Equipment, Centrifuge System, and Washing & Filtration System.By Processing Size, the market is categorized into Medium Line Processing and Large Line Processing.By Source, the market is categorized into Corn, Wheat, Cassava, and Potato.By End Product, the market is categorized into Sweetener, Ethanol, Corn Gluten Meal & Gluten Feed, Corn Oil, Corn Steep Liquor, and Protein.By Application, the market is categorized into Feed, Food, Steep Water, Oil Processing, Fermentation/Bioprocessing, Waste Treatment, Mill, Refinery, Ethanol Production and Starch Modification.By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The wet-milling market will be relatively complex since the key raw materials are first subjected to maceration through water or solvents for softening and demposable separations including starch, proteins, fibers, and oils. This method is applied in various manufactures such as foods, pharmaceuticals, bio fuels and manufacture of products such as corn syrup, ethanol, gluten, and sweeteners. The market meets emerging needs for processed foods, clean energy, and environmentally friendly industrial uses, which present many co-products across various industries, from animals’ nutrition to green packaging materials.
Global wet-milling market size was valued at USD 774.07 million in 2023 and is projected to reach USD 853.39 million by 2032, with a CAGR of 1.23% during the forecast period of 2024 to 2032.