Market Research Future (Food and Beverages) Distiller’s Dried Grains with Solubles Market | Page 3

Distiller’s Dried Grains with Solubles (DDGS) Market Research Report- Forecast to 2023 2 Market Overview Distiller’s dried grains with solubles is a co-product of ethanol production process which contains 10-12% moisture content. It is also a by-product of distillery industry. Distiller’s dried grains with solubles are rich in protein, carbohydrates, fibers, and other nutrients, which makes it useful in animal feed production industry. This compound is also used to manufacture human food which is rich in dietary fiber. High nutritive content and an alternative for conventional animal feed has raised the demand for distiller’s dried grains with solubles in animal feed manufacturing industry, which is primarily driving the global market for distiller’s dried grains with solubles. Furthermore, the market is projected to propel at a high CAGR during the forecast period based on its diverse and potential application in animal feed and food industry. Regional Analysis: Global Distiller’s Dried Grains with Solubles Market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is dominating the global distiller’s dried grains with solubles followed by Europe. In North America, the U.S. and Canada are the major consumers of distiller’s dried drains with solubles, due to high demand for low cost nutritive diet for animals and industrial waste reduction. Moreover, Asia Pacific region is expected to grow in the distiller’s dried grains with solubles market during the forecast period 2017-2023. Owing to the rising demand for low cost nutrient rich diet for animal feed. Furthermore, China is the largest importer of distiller’s dried grains with solubles in Asia Pacific region. Page | 3 Copyright © 2017 Market Research Future.