Moreover, it provides high energy and protein to livestock due to high phosphorus content. It is also an economical alternative to other feed ingredients. By geography, North America is expected to dominate the market on account of high production and consumption of distillers’ grains, particularly in the United States. In addition, North American Free Trade Agreement (NAFTA) allows duty-free access to all grains promoted by United States Grains Council (USGC), which include distillers' grains leading to growing trade of these grains from the US to Canada and Mexico. The Asia Pacific market is expected to be one of the fastest growing regions due to increasing consumption of animal-based products and modernization of the feed industry in the region.
Growth of organized livestock sector
Distillers’ grains are a beneficial substitute to conventional feedstock
Lack of awareness in developing countries
Ill-effects of excess consumption
In March 2019, Flint Hills Resources announced today it will install Fluid Quip Process Technologies’ (FQPT) patented Maximized Stillage Co-Products (MSC)™ system at its Shell Rock, Iowa, ethanol plant. This technology allows dry mill ethanol plants to separate protein from the whole stillage that is a co-product of the ethanol-making process. Flint Hills markets this high-protein product as a feed ingredient called NexPro.
In September 2018, Poet Biorefining, the ethanol production arm of Poet LLC opened an80 million gallon expansion at its Marion, Ohio ethanol plant.
The Distillers’ Grain Market has been analyzed through the following segments:
Middle East and Africa
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.6. Base, And Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Distillers' Grain Market By Type
6. Distillers' Grain Market By Source
7. Distillers' Grain Market By Geography
7.1. North America
7.2. South America
7.3.3. United Kingdom
7.4. Middle East And Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
7.5.3. South Korea
8. Competitive Intelligence
8.1. Competitive Benchmarking Analysis
8.2. Recent Investments And Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. Green Plains Inc.
9.2. Pacific Ethanol Inc.
9.3. Flint Hills Resources
9.4. Valero Marketing And Supply Company
9.5. Cropenergies AG
9.6. Husky Energy Inc.
9.8. Bunge Limited
9.9. Purina Animal Nutrition LLC
9.10. Poet LLC
9.11. Didion, Inc.
The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.
The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.
The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.