Increasing consumption of corn and corn-based products as an ingredient in various end uses such as biofuels, starch, bran oil, syrup and others is a key factor driving market revenue growth.
Market Size - USD 5,566.9 Million in 2020, Market Growth - CAGR of 3.8%, Market Trends - Increasing demand for corn ethanol as bio-based fuels, particularly in developed regions.
The global corn deep processing equipment market size is expected to reach USD 7,530.9 Million in 2028, and register a CAGR of 3.8% during the forecast period. Increasing scope of product applications and multi-functionality of corn and corn-derived products, particularly in non-food applications, and rising consumption of corn gluten meal-based animal feed products in the meat industry are some of the major factors boosting demand and need for corn deep processing equipment market.
In addition, increasing investments in R&D and government funding across the globe for developing advanced equipment is another major factor expected to support market growth to a significant extent. However, high investment costs of the equipment could hamper market growth to some extent.
Market Size - USD 5,566.9 Million in 2020, Market Growth - CAGR of 3.8%, Market Trends - Increasing demand for corn ethanol as bio-based fuels, particularly in developed regions.
The global corn deep processing equipment market size is expected to reach USD 7,530.9 Million in 2028, and register a CAGR of 3.8% during the forecast period. Increasing scope of product applications and multi-functionality of corn and corn-derived products, particularly in non-food applications, and rising consumption of corn gluten meal-based animal feed products in the meat industry are some of the major factors boosting demand and need for corn deep processing equipment market.
In addition, increasing investments in R&D and government funding across the globe for developing advanced equipment is another major factor expected to support market growth to a significant extent. However, high investment costs of the equipment could hamper market growth to some extent.
Some Key Findings From the Report:
- Among the end product segments, the ethanol segment accounted for the largest revenue share of 31.5% in 2020.
- North America market accounted for the largest revenue share in the global corn deep processing equipment market in 2020, and is expected to continue with its dominance over the forecast period, due to increasing usage of various products derived from corn such as ethanol, starch, sweeteners, cornmeal, and feed, among others in the region.
- The Asia Pacific market size was USD 1,503.1 Million in 2020, due to increasing consumption of corn-based products in countries in the region.
- Key players profiled in the report include Buhler AG, GEA Group Aktiengesellschaft, Alfa Laval AB, PETKUS Technologie GmbH, Satake Corporation, Henan Huatai Cereals and Oils Machinery Co. Ltd., Myande Group Co., Ltd, Alvan Blanch, Flottweg SE, and Hughes Equipment Company. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global corn deep processing equipment market is segmented on the basis of equipment type, end product, application, and region:
Equipment Type Outlook (Revenue, USD Million; 2018 - 2028)
- Milling Equipment
- Steeping Equipment
- Centrifuge Systems
- Washing & Filtration Systems
- Other Equipment
End Product Outlook (Revenue, USD Million; 2018 - 2028)
- Starch
- Sweetener
- Ethanol
- Corn Gluten Feed & Meal
- Other Co-products
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Feed
- Food
- Industrial Application
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Corn Deep Processing Equipment Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Corn Deep Processing Equipment Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Corn Deep Processing Equipment Segmentation & Impact Analysis
Chapter 5. Corn Deep Processing Equipment Market by Equipment Type Insights & Trends
Chapter 6. Corn Deep Processing Equipment Market by End Product Insights & Trends
Chapter 7. Corn Deep Processing Equipment Market by Application Insights & Trends
Chapter 8. Corn Deep Processing Equipment Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Buhler AG
- GEA Group Aktiengesellschaft
- Alfa Laval AB
- PETKUS Technologie GmbH
- Satake Corporation
- Henan Huatai Cereals and Oils Machinery Co. Ltd.
- Myande Group Co. Ltd
- Alvan Blanch
- Flottweg SE
- Hughes Equipment Company.