Overview and Scope
Organic dried distillers grain feed is a type of livestock feed that is made from organic corn and is a by-product of the ethanol industry. It is derived by the process of distillation that converts corn or other grains into ethanol fuel. This feed is commonly used as a source of protein and fiber for ruminant animals, such as cattle, sheep, and goats.
Sizing and Forecast
The organic dried distiller’s grain feed market size has grown strongly in recent years. It will grow from $12.88 billion in 2023 to $13.86 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to rise in organic farming practices, demand for organic livestock products, focus on sustainable agriculture, government initiatives and support, livestock health and nutrition.
The organic dried distiller’s grain feed market size is expected to see strong growth in the next few years. It will grow to $17.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to continued growth in organic agriculture, consumer demand for organic products, environmental sustainability concerns, expansion of livestock industry, awareness of feed quality. Major trends in the forecast period include consumer awareness and transparency, non-gmo and chemical-free feed options, traceability and certification, diversification of livestock diets, global market expansion.
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The organic dried distiller’s grain feed market covered in this report is segmented –
1) By Source: Corn, Wheat, Barley, Sorghum, Oats, Rye, Millet, Other Sources
2) By Livestock: Poultry, Ruminants, Swine, Pets, Horse, Aqua, Other Livestock
3) By Distribution Channel: Online, Offline
North America was the largest region in the organic dried distiller’s grain feed market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global organic dried distiller’s grain feed market report during the forecast period. The regions covered in the organic dried distiller’s grain feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in demand for animal-based products is expected to propel the growth of the organic dried distiller’s grain feed market going forward. Animal-based products are products that are derived from animals such as dairy products, eggs, egg products, and others. Organic dried distiller’s grain feed is used to increase the lactational performance of dairy cows, cattle, buffaloes, and other dairy animals, as a result, an increase in demand for animal-based products increases the demand for organic dried distiller’s grain feed market. For instance, in June 2022, according to the Organization for Economic Co-operation and Development, a France-based intergovernmental organization that works to build better policies for better lives, per capita consumption of fresh dairy products globally is expected to increase by around 1% per year over the coming decade. Further, world milk production is expected to grow at 1.6% P.A. with 997 Mt by 2029, faster than most other main agricultural commodities. Therefore, the increase in demand for animal-based products is driving the growth of the organic dried distiller’s grain feed market.
Key Industry Players
‘Major companies operating in the organic dried distiller’s grain feed market report are Archer Daniels Midland Company, CHS Inc., CropEnergies AG, Flint Hills Resources LP, Green Plains Inc., Pacific Ethanol Inc., Poet LLC, Valero Energy Corporation, Ace Ethanol LLC, Alcogroup SA, COFCO Biochemical (Anhui) Co. Ltd., Envien Group, Essentica, Greenfield Global Inc., Husky Energy Inc., Agridient, Agri-King, Agri-Neo Inc., AgriProtein, Alltech, AVEVE Biochem, Bunge North America, Cargill, Darling Ingredients, Devenish Nutrition, Energreen Nutrition, Famo Feeds, Grain Millers, J. Grennan and Sons, Land O’Lakes
The organic dried distiller’s grain feed market report table of contents includes:
1. Executive Summary
2. Organic Dried Distiller’s Grain Feed Characteristics
3. Organic Dried Distiller’s Grain Feed Trends And Strategies
4. Organic Dried Distiller’s Grain Feed – Macro Economic Scenario
5. Global Organic Dried Distiller’s Grain Feed Size and Growth
…..
32. Global Organic Dried Distiller’s Grain Feed Competitive Benchmarking
33. Global Organic Dried Distiller’s Grain Feed Competitive Dashboard
34. Key Mergers And Acquisitions In The Organic Dried Distiller’s Grain Feed
35. Organic Dried Distiller’s Grain Feed Future Outlook and Potential Analysis
36. Appendix
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