The North America Wet-milling market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 1.131% in the forecast period of 2020 to 2027 and is expected to reach USD 224.30 million by 2027. Increasing advancement in technologies and integrated equipment augmented the growth of wet-milling market.
Wet-milling is a chain of processes in which material such
as corn, wheat is soaked in with the aim for softening the kernel. In order to
segregate all components of that source so that utmost use of all
components can be derived. Increasing application of all such components in
food & beverage industry has boosted the growth of wet milling market.
The increasing demand for these sweeteners from food and
feed industries are expected to influence the market for wet-milling during the
forecast period. In addition to this, maintenance and servicing cost of
wet-milling equipment is also high. Therefore this acts as a restraint for the
wet-milling market. Increasing demand of biofuels will have positive
impact on wet-milling industry and will also boost the demand for wet-milling.
The rules and regulations acts as a challenge for the wet-milling market.
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This wet-milling market report provides details of market share,
new developments, and product pipeline analysis, impact of domestic and
localised market players, analyses opportunities in terms of emerging revenue
pockets, changes in market regulations, product approvals, strategic decisions,
product launches, geographical expansions, and technological innovations in the
market. To understand the analysis and the market scenario contact us for
an Analyst Brief, our team will help you create a revenue impact solution
to achieve your desired goal.
Wet-Milling Market Scope and Market Size
- On
the basis of equipment, the wet-milling market is segmented into milling
equipment, steeping equipment, centrifuge system, washing & filtration
system, and others. In 2020, the milling equipment segment is projected to
dominate the market as milling is the first stage of processing in the
wet-milling market.
- On
the basis of processing size, the wet-milling market is segmented into
medium line processing, and large line processing. In 2020, the medium
line processing segment is dominating the market due to the
initiatives taken by government to move the production in-house and
reliability of major players in the market on contract manufacturers to
enhance their reach and footprint in the domestic market which is fuelling
the market for medium line processing. Moreover, lesser capital investment
is one of the major reasons for higher growth of this segment in the
market.
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Wet-Milling Market Country Level Analysis
Wet-milling market is analysed and market size information
is provided by country, equipment, processing size, source, end product and
application as referenced above.
Wet-milling market is dominating in the U.S. region due to
increasing demand of wet-milling in the food industry. Mexico is growing in the
North America wet-milling market as people are more aware of advancement
in technologies which have led to increased products and by products of
wet-milling in the U.S. as well as in Mexico.
The country section of the report also provides individual
market impacting factors and changes in regulation in the market domestically
that impacts the current and future trends of the market. Data points such as
new sales, replacement sales, country demographics, regulatory acts and
import-export tariffs are some of the major pointers used to forecast the
market scenario for individual countries.
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Competitive Landscape and Wet-Milling Market Share
Analysis
The major players covered in the North America wet-milling
market report are GEA Group Aktiengesellschaft, ALFA LAVAL, Bühler AG, ANDRITZ,
Hanningfield Process Systems Ltd, Henan Yonghan Machinery Equipment Co., Ltd.,
NETZSCH-Feinmahltechnik GmbH, Willy A. Bachofen AG, ADM, AGRANA
Beteiligungs-AG, Cargill, Incorporated., Global Bio-chem Technology Group
Company Limited, Grain Processing Corporation, Ingredion Incorporated, Roquette
Frères, Tate & Lyle, among other domestic players. DBMR analysts understand
competitive strengths and provide competitive analysis for each competitor
separately.
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