Global Wet-Milling Market Segmentation, By Equipment (Milling Equipment, Steeping Equipment, Centrifuge System, and Washing & Filtration System), Processing Size (Medium Line Processing and Large Line Processing), Source (Corn, Wheat, Cassava, and Potato), End Product (Sweetener, Ethanol, Corn Gluten Meal & Gluten Feed, Corn Oil, Corn Steep Liquor, and Protein), Application (Feed, Food, Steep Water, Oil Processing, Fermentation/Bioprocessing, Waste Treatment, Mill, Refinery, Ethanol Production and Starch Modification) - Industry Trends and Forecast to 2031.
Global Wet-Milling Market Size
Global wet-milling market size was valued at USD 772.07 million in 2023 and is projected to reach USD 851.39 million by 2031, with a CAGR of 1.23% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Wet-Milling Market Key Market Insights
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Segmentation
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By Equipment: Milling Equipment, Steeping Equipment, Centrifuge System, and Washing & Filtration System
By Processing Size: Medium Line Processing and Large Line Processing
By Source: Corn, Wheat, Cassava, and Potato
By End Product: Sweetener, Ethanol, Corn Gluten Meal & Gluten Feed, Corn Oil, Corn Steep Liquor, and Protein
By Application: Feed, Food, Steep Water, Oil Processing, Fermentation/Bioprocessing, Waste Treatment, Mill, Refinery, Ethanol Production and Starch Modification
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Countries Covered
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U.S., Canada, Mexico, China, Japan, India, Australia, Singapore, South Korea, Malaysia, Indonesia, Thailand, Philippines, New Zealand, Vietnam, Rest of Asia- Pacific, Germany, U.K., France, Spain, Italy, Denmark, Netherlands, Switzerland, Poland, Russia, Sweden, Belgium, Turkey, Rest of Europe, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Oman, Qatar, Kuwait and Rest of Middle East and Africa
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Key Market Players
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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
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Wet-Milling Market Dynamics
Increasing advancement in technologies and integrated equipment augments the growth of the wet-milling market.
Wet-milling is chain of processes which is expensive but efficient in which material such as corn and wheat is soaked in with the aim of softening the kernel in order to segregate all components of that source so that utmost use of all components can be derived. Like, in case of corn, through wet milling process corn starch, corn oil, glucose and many other components are derived. Wet-milling is a crucial part of various industries like pharmaceutical, food & beverage, beauty & cosmetics and others as it provides various ingredients to them such as starch and protein, among others. Increasing application of all such components in food & beverage industry has boosted the growth of wet milling market.
For instance,
- In February 2020, Tate & Lyle introduced CLARIAEVERLAST Line of Clean Label Starches which improves the shelf-life of the product and even preserves the quality of food in extreme storage conditions. This expands their offerings to consumers by widening their product portfolio.
Wet-Milling Market Scope
Wet-milling market is segmented on the basis of equipment, processing size, source, application and end products. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Equipment
- Milling Equipment
- Steeping Equipment
- Centrifuge System
- Washing & Filtration System
- Others
Processing size
- Medium Line Processing
- Large Line Processing
Source
- Corn
- Wheat
- cassava
- Potato
- Others
End product
Application
- Feed
- Food
- Steep Water
- Oil Processing
- Fermentation/Bioprocessing
- Waste Treatment
- Mill
- Refinery
- Ethanol Production
- starch Modification
- Others
Wet-Milling Market Regional Analysis
Global wet-milling Market is analyzed and market size information is provided by equipment, processing size, source, end product, application and country referenced above.
The countries covered in the wet-milling market report are U.S., Canada, Mexico, China, Japan, India, Australia, Singapore, South Korea, Malaysia, Indonesia, Thailand, Philippines, New Zealand, Vietnam, Rest of Asia- Pacific, Germany, U.K., France, Spain, Italy, Denmark, Netherlands, Switzerland, Poland, Russia, Sweden, Belgium, Turkey, Rest of Europe, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Oman, Qatar, Kuwait and Rest of Middle East & Africa.
Wet-milling market is dominating the market due to increasing demand of wet-milling in the food industry. The North America is dominating the global wet milling market. The U.S. is dominating the North America wet-milling market due to increasing demand for end products of wet-milling such as starch. North America is followed by Europe. In Europe, Germany is dominating with rising demand for fruit sugars. And then in Asia-Pacific, China is dominating because of rising demand for biofuels.
The country section of the wet-milling market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Wet-Milling Market Share
Wet-milling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, new sweeteners, product approvals, patents, product taste improvements reports, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to pathogen detection market.
Wet-Milling Market Leaders Operating in the Market Are:
- 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
Latest Developments in Wet-Milling Market
- In October 2019, Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions doubled the capacity of its non-GMOMALTOSWEET Maltodextrin production line at its facility in Boleraz, Slovakia. MALTOSWEET Maltodextrin is a nutritive corn-based specialty sweetener. This expands the production capacity to serve increasing demand
- In January 2019, ADM launched a new product line named Tapioca starches which enhanced the product portfolio of the company, this will help company to cater customers’ needs in the global market
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