Corn Gluten Feed Market Size, Share, By Product Type (Wet Corn Gluten Feed, and Dry Corn Gluten Feed), By Application (Ruminants, Poultry, Swine, Aquaculture, and Others), By Source (Corn Starch, Corn Ethanol, and Corn Syrup), By Form (Pellets, and Loose Form), By Distribution Channel (Direct, and Indirect), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI564524 | Publish Date: September 2024 | No. of Pages: 175

Corn Gluten Feed Market Size

Corn Gluten Feed Market Size

Corn Gluten Feed Market Size was valued at USD 6.5 Billion in 2024 and is expected to reach USD 9.95 Billion by 2034, growing at a CAGR of 4.8%.

Corn gluten feed is the wet milling by-product primarily used as a feed with high fiber and moderate protein for livestock such as ruminants like cattle and sheep. It comes in wet and dry forms and is the cheapest feed ingredient after soybean meal. Growth in the livestock industry and expansion of ethanol manufacturing in the U.S. and Brazil boost demand for CGF. The market is characterized by its broad applications in cattle, poultry, swine, and aquaculture. Nevertheless, seasonal variation, changes in climate, and volatility in corn prices have the potential to constrain the market. Otherwise, the market is expected to grow steadily with an expansion of the livestock industries, increased ethanol production, and a growing perception of sustainable feed practices.