Market Scope

Market Research Future (MRFR) expects the Distillers Grains Market was valued at USD 11.25 Billion in 2019 and is projected to reach USD 17.87 Billion by 2027, growing at a CAGR of 5.9% from 2020 to 2027.

COVID-19 Distillers’ Grains Market Analysis

MRFR’s COVID-19 analysis on the distillers’ grains market industry reveals that the poultry segment has been facing a host of challenges, following the rumors that SARS-CoV-2 can spread via consumption of meat as well as meat products. In various parts of the world, the lockdown has been imposed to curb the spread of the novel coronavirus pandemic, which has impacted the transport of feed, feed ingredients and livestock. These factors have been unfavorable for the distillers’ grains market, in addition to the COVID-19 outbreak causing price volatility of raw materials. Despite the huge demand for dairy, aquaculture products and meat, the market growth has been slow as the COVID-19 impact on supply chains has been brutal, translating into a massive demand and supply gap.

However, to deal with the repercussions of the pandemic and control revenue loss, distillers’ grains industry participants are increasingly adopting innovative strategies and techniques to fortify their supply chain networks. They are also being supported by various government bodies as well as regulatory associations to deal with the pandemic-induced challenges.

Key Drivers and Primary Restraints

Distillers’ grains are lower priced than other kinds of feed ingredients and are considered to be an essential diet of poultry birds and livestock. These are the ideal nutritional source of fat, cereal proteins, vitamins, minerals, oil, amino acids and fiber, and are therefore, gaining high traction in the livestock sector. Scarcity of nutrition rich feed for livestock across the globe is bolstering the demand for distillers’ grain. Also, the mounting demand for nutritive feed items among end-users can favor the distillers’ grain industry in the ensuing years, with the preference for traditional and expensive feed is expected to diminish at the same time.

Escalating popularity of DDG or dried distillers’ grains, given their extended shelf life and high nutritive value has raised their demand in the livestock industry. These types of grains are feasible for storage and distribution and are therefore, observing an increase their sales in various parts of the world. Distillers’ grains are gaining impetus among end-users as these helps enhance the physical health of livestock, which leads to large-scale production of eggs and milk. Among other things, these grains also ensure the meat quality, resulting in their higher demand and ultimately, better market growth.

Over the years, the meat production has remained strong in various Southeast Asian nations, apart from South America and several Caribbean countries. In South Asia, egg production has also remained high in the past few years, which has led to superlative market growth. Many of the emerging countries have managed to outperform developed economies in the past decade, in terms of manufacturing of livestock products. This trend is expected to foster the demand for distillers’ grains, especially in the mentioned regions. Besides, new product launches, collaborations and the rapid growth of the ecommerce sector can also give rise to attractive opportunities for the leading firms in the distillers’ grain industry.

To illustrate, in September 2020, Archer Daniels Midland Company launched Prolite MeatTEX textured wheat protein, Prolite MeatXT non-textured wheat protein and Arcon T textured pea proteins. These protein solutions claim to enhance the density and texture of meat alternatives, and are highly instrumental in facilitating consumer-desired, meat-like texture.

Segmental Analysis

Distillers’ grains industry has been segregated depending on type, source and application.

The main types of distillers’ grains market are dried distillers’ grains with solubles (DDGS), dried distillers’ grains (DDG), wet distillers’ grains (WDG), and more.

The distillers’ grains industry, with respect to source, can be classified as corn, wheat, and more.

The primary applications of distillers’ grains are animal feed and others. The animal feed-based segments are swine, poultry, ruminants, and more.

Regional Insight

Distillers’ grains industry can be regionally considered for Europe, APAC or Asia Pacific, North America, along with RoW or the rest of the world.

North America could potentially emerge as the market leader in the coming period, as a consequence of the extensive presence of numerous renowned vendors and the high consumption and production level of distillers’ grains in the region. Further market growth in the region can be the result of the rising trade of distillers' grains between Canada, Mexico and the US, in the wake of the North American Free Trade Agreement (NAFTA). The agreement grants Mexico and Canada duty-free access to all the goods that are promoted by USGC/ the United States Grains Council, which also includes distillers' grains.

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The APAC market can garner impetus at the fastest pace from 2019 to 2024, thanks to the surging consumption rate of animal-based products like eggs, milk and meat. The market size is further enhanced by the increasing disposable incomes; rising urbanization in China, Japan and India combined with the surge in modernization in the animal feed industry.

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