According to the report, the global Distillers Dried Grain Solubles market is expected to grow from $14 Billion in 2022, which is expected to reach $35 Billion by 2033, growing at the CAGR of 8% from 2023 to 2033. The Distillers Dried Grain Solubles (DDGS) market refers to the industry that produces and sells a by-product of the ethanol and brewing industries. DDGS is a high-protein animal feed supplement made from residual grains, such as corn, wheat, and barley after the starches have been removed for ethanol or brewing production. The global DDGS market is driven by the increasing demand for high-protein animal feed supplements, as well as the growing ethanol and brewing industries. DDGS is commonly used as a feed supplement for livestock, poultry, and aquaculture, as it is a rich source of protein, fiber, and other nutrients.
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Key Highlights:
Evolve Business Intelligence has published a new market research report on Global Distillers Dried Grain Solubles Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.
In terms of COVID 19 impact, the Distillers Dried Grain Solubles market report also includes the following data points:
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Key Players
Some of the major Distillers Dried Grain Solubles players holding high market share include Archer Daniels Midland, Globus Spirits Ltd., CropEnergies, and CHS Inc. These players use new product development/acquisition/partnership and collaboration/expansion as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Distillers Dried Grain Solubles Market:
Market Segment By Source with focus on market share, consumption trend, and growth rate of Distillers Dried Grain Solubles Market:
Market Segment By livestock with a focus on market share, consumption trend, and growth rate of Distillers Dried Grain Solubles Market:
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Global Distillers Dried Grain Solubles Geographic Coverage:
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