Market Research Future (Food and Beverages) Distillers’ Grains Market Research Report | Page 3

Distillers’ Grains Market Research Report - Forecast till 2024
2 Market Overview
Distillers’ Grains Market is witnessing high competition among the existing players and new entrants. The major
challenge faced by the players in the global distillers’ grains market is increasing incidences of mycotoxin
contamination in animal feed. The presence of fungal pathogens in corn sourced for fuel ethanol production is the
main cause of mycotoxin production in distillers’ grains. The mycotoxins produced by fungal pathogens contaminate
the distillers’ grains which, in turn, contaminates the animal feed. Wet distillers’ grains are more prone to fungal
contamination as compared to dried distillers’ grains with solubles and dried distillers’ grains due to the high moisture
content. Thus, market players and feed manufacturers are focusing more on the dried form of distillers’ grains.
Regional Analysis:
The market in Asia-Pacific is projected to register the highest CAGR during the forecast period owing to the growing
presence of feed manufacturers in the region. Rapid urbanization, growing population, and rising per capita
disposable incomes in the region are boosting the sales of animal-based products. This has led livestock farmers to
emphasize nutritious feed, which, in turn, is driving the demand for distillers’ grains.
The European distillers’ grains market is expected to garner a notable share during the assessment period owing to
the shifting preferences of consumers toward plant-based products. The rising demand for plant-based products and
increasing adoption of veganism are lowering the sales of animal-based products, which, in turn, is hampering the
growth of the feed industry and distillers’ grains market in the region. However, the regional market growth can be
attributed to France, Russia, Germany, and Spain, the major contributors to the animal feed market in the region.
In RoW, South America is the major market for distillers’ grains due to the expanding animal husbandry industry in
the region and the rising demand for high-quality meat.
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