Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 76.19 Billion | USD 101.9 Billion | 5.1% | 2021 |
FrequentlyAsked Questions
The global corn wet-milling market is projected to increase due to growing applications of products derived from the corn wet-milling process. Market players dealing in the industry work primarily on the production of sugar, oil, syrup, starch, and other by-products. All of these items are considered basics in all diet forms and their demand is always high as compared to other food forms.
According to study, the global corn wet-milling market size was worth around USD 76.19 billion in 2021 and is predicted to grow to around USD 101.9 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.1% between 2022 and 2030.
The global corn wet-milling market is projected to witness dominating performance of Asia-Pacific during the forecast period owing to the increasing demand in the food sector as a direct consequence of the exponentially rising population in India and China, which are currently home to more than 50% of the world’s population.
The global corn wet-milling market is led by players like Agri-Industries Holding Limited, Cargill, Bunge Limited, Grain Processing Corporation, Tate & Lyle PLC, and others.
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