Distillers Dried Grains with Solubles (DDGS) market is projected to grow from USD 10.57 Billion in 2023 to USD 15.75 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.86% during the forecast period (2023 - 2030). Distiller's dried grains containing solubles are in high demand in the animal feed industry for use in the production of protein- and fiber-rich animal feed. Additionally, it is increasingly being used to make high-fiber foods for human consumption. A fiber-rich diet is in great demand in human consumption in order to combat the rising incidence of heart disease. The increased desire for a low-cost alternative to nutritionally dense animal feed diets has increased demand for distiller's dried grains containing solubles.

The dried grains with solubles produced by Distiller are high in protein, carbs, fibre, and other nutrients, making them ideal for use in the animal feed production business. Additionally, this chemical is used to create human food that is high in dietary fibre. Demand for distiller's dried grains with solubles in the animal feed manufacturing industry has increased, primarily driving the global market for distiller's dried grains with solubles.

Additionally, the Distiller's Dried Grains with Solubles Market outlook are expected to expand at a rapid rate during the forecast period, owing to its numerous and potential applications in the animal feed and food industries.

Demand for distillers dried grains with solubles is predicted to increase dramatically as inclusion rates increase and a reliable source of distillers dried grains with solubles becomes available. Because starch is converted to ethanol during the fermentation process of corn, distillers dried grains with solubles contain very little starch. However, because fibre is not converted to ethanol, the fibre concentration in distillers dried grains with solubles is generally high, making distillers dried grains with solubles a superb ingredient for animal feed.

However, the high energy expenditure required to make distiller's dried grains with solubles and volatiles compounds contained in unfit-for-consumption DDGS is expected to restrain the market expansion of distiller's dried grains with solubles over the projection period.

Competitive Dynamics

The notable players of the market are Archer Daniels Midland (U.S.), Globus Spirits Ltd.(India), CropEnergies (Germany), CHS Inc. (U.S.), Nugen Feeds Foods (India), J. D. HEISKELL HOLDINGS, LLC (U.S.), Kent Feeds (U.S.).

Segmental Analysis

The market for dried grains with solubles at Distiller is classified by source, which includes brewers, biofuel plants, and others. Among all, biofuel plants produce the most DDGS, owing to the industry's growing output of ethanol. Additionally, breweries and distilleries produce a minor amount of DDGS.

The global market for distiller's dried grains with solubles is classified by application, which includes animal feed, food and beverage, and others. Among all uses, the animal feed industry accounts for the highest proportion, owing to the increased need for low-cost, nutrient-dense animal feed.

The dried grains with solubles market at Distiller has been split by form, which includes pellets, powder, and others. Pellets dominate the market, followed by powder. Pellets may readily be made for cattle based on their requirements, making this form more practical for consumers.

Regional Overview

The Dried Grains with Solubles Market by Global Distilleries is categorised into North America, Europe, Asia Pacific, and the Rest of the World (RoW).

North America is the global leader in dried grains with solubles for distillers, followed by Europe. In North America, the United States and Canada are the largest consumers of distiller's dry drains with solubles, owing to the increased demand for low-cost animal nutrition and industrial waste reduction.

Additionally, Asia Pacific is predicted to rise in the distiller's dried grains with solubles market share from 2022 to 2030. Due to the increasing need for low-cost nutrient-dense animal feed. Additionally, China is the region's top importer of distiller's dried grains with solubles.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact:

Market Research Future®

99 Hudson Street, 5Th Floor

New York, New York 10013

United States of America

Email: sales@marketresearchfuture.com