COVID-19 Impact On Distiller’s Dried Grains With Solubles Industry Segmentation, Future Growth, Forecast To 2023

 Market Overview

Distiller’s dried grains with solubles is a co-product of ethanol production process or by-product of distillery industry which contains 10-12% moisture content. Distiller’s dried grains with solubles has high amount of protein, carbohydrates, fibers, and other nutrients, which makes it suitable for a reasonable alternative of livestock feed. DDGS is now used to produce dietary rich fiber diet fit for human consumption, this will help in reducing the heart related concerns within the population. Low cost alternative for animal feed is primarily driving the global market for distiller’s dried grains with solubles.

Global Distiller’s Dried Grains With Solubles Industry are compounds are used as a low cost alternative for animal feed, this characteristic property is exploited for manufacturing high quality feed for animals. Distiller’s dried grains with solubles are either co or by products of ethanol and distillery industry respectively. Increased consumption of livestock-based food, industrial expansion of ethanol industries and alternatives to check the waste reduction has increased the demand for DDGS compounds.

Downstream Analysis

Distiller’s dried grains with solubles market is segmented on the basis of source, which includes brewers, bio-fuel plants, others. In this segment, bio-fuel plants are considered to be producing the maximum amount of DDGS compounds, increasing production of ethanol is considered to be the key factor for this segment.

Furthermore, distiller’s dried grains with solubles market has been segmented on the basis of forms, which includes pellets, powder, others. Among all, pellets has the highest market share. Pellets are easy to manufacture and can be formulated as per the consumer needs.

Competitive Analysis

The major players in the distiller’s dried grains with solubles market

• Archer Daniels Midland (U.S.)
• Globus Spirits Ltd.(India)
• CropEnergies (Germany)
• CHS Inc. (U.S.)
• Nugen Feeds & Foods (India)
• HEISKELL HOLDINGS, LLC (U.S.)
• Kent Feeds (U.S.)

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Regional Analysis

The global distiller’s dried grains with solublesm market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America region is dominating the distiller’s dried grains with solubles market followed by Europe. In North America, the U.S. and Canada are the major consumers of distiller’s dried grains with solubles. Reduction of industrial waste and raised demand for low cost animal feed with high nutrition has led the growth of the distiller’s dried grains with solubles market in this region.

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