Mexico Dry Milling Market Outlook 2028

Mexico Dry Milling Market Analysis Throughout 2019-2028

Dry milling is the process of comminution of materials without the presence of a liquid. The comminution process uses either rods, balls, or pebbles, or autogenous method by the material itself for milling. Dry milling is the simplest method of producing corn or maize products for human consumption. The Mexico dry milling market is anticipated to achieve a CAGR of 5.15% during the forecast period, i.e. 2020-2028. Factors such as the growing production, consumption and trade of corn in the nation and the increasing focus of the government for the growing agriculture produce which is opening up opportunities for several by-products requiring dry milling machines are anticipated to promote towards the growth of the Mexico dry milling market. Additionally, factors such as the rising need for deploying dry milling machines so as to enhance the process of producing the by-products of corn and the growing demand for food and feed products are anticipated to drive the growth of the Mexico dry milling market.

The Mexico dry milling market consists of various segments that are segmented by end product, source, application and end user. The application segment is further sub-divided into food, animal feed and fuel. Out of these, the food segment registered with the largest market share of around 43% in the year 2019 and is anticipated to grow with a CAGR of around 5% during the forecast period. Several food products associated with corn are produced by using dry milling methods. Corn flour, which is the finest granulation of the dry corn, is used in many dry mixes such as pancakes, muffins, doughnuts, breading's, and batters, among others. The dry milling process for corn flour does not need corn water conditioning. Rather, it uses mechanical method directly to extrude or impact rub work together after rolling grinding, this makes the corn skin, embryo and endosperm separate. Corn bran is an excellent source of dietary fiber which has been shown to lower blood cholesterol levels.

Some of the affluent industry leaders in the Mexico dry milling market are Cargill, Incorporated, SunOpta Inc., Bunge Ltd., Grupo Trimex, Semo Milling, LLC, Gruma, S.A.B. de C.V., Archer-Daniels-Midland Company, Pacific Ethanol, Inc. and Valero Energy Corporation.