Global Market Study on Corn Steep Liquor: Rapid Shift to 'Organics' Likely to Foster Demand through 2028
- Rep Id : XPLREP3746
- Published On : March, 2019
- No. of Pages : 208
- Category : Food
Corn Steep Liquor Market: Report Highlights
The corn steep liquor market report analyzes the opportunities in the global market, analyzing the data on a historical basis, estimated data for 2018, and forecasted data till the year 2028. Market analysis includes data in terms of both, value (US$) and volume (MT). The market outlook of the corn steep liquor market report covers a feed industry overview, global meat industry outlook, macroeconomic outlook, and forecasted factors.
The market dynamics section includes key drivers, trends, and restraints prohibiting the growth of the corn steep liquor market, value chain analysis, and others. Competitive landscape of multinational players operating in the business of corn steep liquor, and market attractiveness analysis by nature, form, application, and region are some of the key insights covered in the report.
Corn Steep Liquor Market: Taxonomy
The research report assesses the market share of the corn steep liquor market on a global perspective by nature, form, application, and regional segments. The regional segment includes the corn steep liquor markets of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
The report provides a market outlook for historical data for 2013–2017, and forecasted data for 2018–2028. This study includes an in-depth analysis of the global corn steep liquor market, including new recent developments, product offerings by key corn steep liquor manufacturers, opportunity assessment, and key drivers and trends contributing towards the growth of the corn steep liquor market, globally.
Research Steps for Market Crackdown
The global corn steep liquor market report begins with estimating the market in the base year in terms of value and volume consumption. To arrive at the volume consumption of corn steep liquor, XploreMR (XploreMR) estimated volume data on the consumption of corn steep liquor in several countries by understanding the demand and supply of corn steep liquor. It includes the estimated volume data on the wet milling of corn and production of corn steep liquor by major market players. It also includes data about production, growth, volume and value sales, transition, pricing, and consumption of corn steep liquor in animal feed, fertilizers, and in industrial fermentation.
The consumption and production of different forms of corn steep liquor were also analyzed across multiple regions to support the corn steep liquor market forecast. XploreMR then determined the volume consumption of corn steep liquor across various regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
To forecast and analyze the data, an internal proprietary model is used by analyzing different macro-economic, industry-based demand driving factors impacting the corn steep liquor market, and its forecast trends. Factors include the growth of the global feed industry using corn steep liquor and its sub-industry verticals, growth of the meat industry, and growth in organic agriculture, consumption pattern, per capita expenditure, and others. Further, by identifying and allocating a weighted score to the macroeconomic and forecast factors that influence the demand for corn steep liquor, the market is assessed.
Factors such as the production of corn steep liquor, consumption patterns among end-user industries such as the feed industry, industrial fermentation, and organic agriculture have been taken into account to arrive at the volume consumption of corn steep liquor in respective countries. Factors such as global meat production, global starch industry, and ethanol production of each region have also been considered for the market estimation of corn steep liquor. While analyzing the market, valid and authorized secondary data sources were considered, and primary interviews were also conducted in order to arrive at reliable and accurate data about the corn steep liquor market.
To analyze the pricing of corn steep liquor, the weighted average selling price method for corn steep liquor was considered. These prices were confirmed in their respective countries, and then converted into USD to offer forecasts in one consistent currency standard.
Given the characteristics of the market, XploreMR triangulated the data based on the demand side, supply side, and market dynamics of the global corn steep liquor market. To develop the global corn steep liquor market forecast, XploreMR analyzed various factors to understand their respective impacts on the target market. However, quantifying the market across segments such as form and application is more a matter of quantifying expectations and analyzing the opportunities rather than rationalizing them after the forecast has been completed.
It is imperative to note that, in an ever-fluctuating economy, XploreMR not only provides forecasts in terms of CAGR but also analyzes on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and identify the right opportunities.
Another key feature of this report is the market attractive index of each segment in the global corn steep liquor market, and the corresponding revenue forecast in terms of absolute dollar opportunity. To understand the key segments in terms of their growth and performance in the global corn steep liquor market, XploreMR has presented a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global corn steep liquor market on the basis of market size, market share, and incremental opportunity.
Revenue forecast in terms of absolute dollar opportunity is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global corn steep liquor market.
In the final section of the report on the global corn steep liquor market, a competitive landscape is included to provide a dashboard view of global corn steep liquor manufacturers. This section also includes a list of the key distributors and suppliers of corn steep liquor and feed additives. During the course of research, many secondary and primary sources were considered. Secondary sources include paid research papers based on corn steep liquor, databases, annual reports, investor presentations, publications, newsletters, blogs, reports published by industry associations, and other sources.
Detailed company profiles of corn steep liquor manufacturers are included in the scope of the study to evaluate their key strategies, key developments in the corn steep liquor market space, and regional presence. Some of the key players analyzed are Tate & Lyle Plc, Cargill Inc, Archer-Daniels-Midland Company, Ingredion Incorporated, Tereos SA, Global Bio-chem Technology Group Company Limited, Juci Corn Biotechnology Co., Ltd, Sanstar Bio-Polymers Ltd, Baolingbao Biology Co., Ltd., Gulshan Polyols Limited, etc.