Global DDGS Sales Market to Register 5.2% by 2026, QYResearch, Inc.
Industry: Food & Drink
DDGS Sales market was valued US$ 10.1 Bn and is expected to reach to US$ 14.5 Bn by the end of 2025, registering a moderate CAGR of 5.2% over the forecasted period i.e. from 2019 to 2025.
Los Angeles, CA (PRUnderground) February 12th, 2020
DDGS has a major application in enhancing the protein and fat content of milk. DDGS is largely adopted due to its nutritional benefits and to improve the feed intake of poultry animals, cattle, and fish. Increasing adoption of DDGS also known as distiller dried grain soluble is intricately examined by QY Research in a new study. Based on this study, the newly drafted report is titled, “Global DDGS Sales Market Report and Forecast to 2025,” which surveys the factors that are instrumental in driving the growth of the market. In 2018, the global DDGS Sales market was valued US$ 10.1 Bn and is expected to reach to US$ 14.5 Bn by the end of 2025, registering a moderate CAGR of 5.2% over the forecasted period i.e. from 2019 to 2025.
Global DDGS Market – Key Trends
● Live feedstock and poultry requires adequate nutrition for the production of quality milk, meat, wool, eggs, and other livestock products, which is expected to drive the growth of the market
● Meat trade and high demand for beef is likely to propel the growth of the market
● Expansion of ethanol production and its utilization as feed is likely to contribute to the growth of the market
Get PDF sample copy of the report at: https://www.qyresearch.com/index/detail/1419843/global-ddgs-sales-market
Feed Offering High Nutritional Content is Expected to Fuel the Growth of the Poultry Segment
The application segment of the market is divided into the Poultry Feed, Ruminant Feed, Swine Feed, and Others. Rice feed is largely used in feeding poultry due to its high nutritional benefits, which is likely to fuel the growth of the poultry feed segment. The authors of the report have classified the product segment of the market into Premium Grade and Ordinary Grade.
Ethanol Production in North America is likely to Foster the Growth of the Market
Increasing the production of ethanol in North America has led to the production of DDGS. Utilization of DDGS derived from ethanol has resulted in waste reduction in ethanol industries leading to a generation of quality feed for cattle and poultry in North America. The U.S. has a high demand for livestock-based food consumption, which is likely to foster the growth of the market. The Asia-Pacific offers a lucrative opportunity for the market due to the increasing consumption of egg and meat. The region also has a high demand for wool and leather, which is likely to boost the growth of the market.
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Key Players are Keen to Offer High-Quality Feedstock
Major companies profiled in the report are ADM, POET, Pacific Ethanol, Valero Energy, Flint Hills Resources, Green Plains, COFCO Biochemical, CHS Inc, SDIC Bio Jilin, Jilin Fuel Alcohol, Greenfield Global, CropEnergies, Alcogroup, Husky Energy, Pannonia Bio Zrt, Envien Group, Ace Ethanol, Essentica, United Petroleum, and Manildra Group. Key players of the market are keen to produce high quality and economical feed to boost the nutritional value of the feed content.
About QY Research
QY Research is a leading global market research and consulting company. Established in 2007 in Beijing, China, QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and custom research to help our clients in providing non-linear revenue models and make them successful. We are globally recognized for our expansive portfolio of services.
