Corn and Wheat-Based Feed Market Analysis and Scope (2023 to 2030)
Corn and Wheat-Based Feed Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 196.71 Billion |
Market Size by 2030 | US$ 270.95 Billion |
Global CAGR (2022 - 2030) | 4.1% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES
Initiatives taken by the key players operating in the corn and wheat-based feed market, as per company press releases, are listed below:
In October 2023, Solugen and Archer Daniels Midland Company announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and bio-based building block molecules in a new manufacturing facility in Marshall, Minnesota. Under the terms of the agreement, Solugen will build a new 500,000-square-foot biomanufacturing facility adjacent to ADM's existing corn complex in Marshall. The facility will utilize ADM-provided dextrose to scale its current line of lower-carbon organic acids and develop new, innovative molecules to replace existing fossil fuel-based materials.
COMPETITIVE LANDSCAPE AND KEY COMPANIES
Associated British Foods Plc, Jungbunzlauer Suisse AG, Nordfeed, Roquette Freres SA, BENEO GmbH, International Nutritionals Ltd, Interstarch Ukraine LLC, Agrana Beteiligungs AG, Grain St Laurent Inc, and Archer Daniels Midland Company are among the prominent companies profiled in the corn and wheat-based feed market report.