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Dry Milling Market for Corn by End Product (Ethanol, DDGS, Corn Grits, Cornmeal, and Corn Flour), Application (Fuel, Food, and Feed), Source (Yellow Corn and White Corn), and Region - Global Forecast to 2022
North America Swine Feed
The North American swine Feed market had been valued at $11.6 billion in 2013, and is estimated to grow at a CAGR of 4.8% annually, during the forecast period, 2013 to 2018. The market is projected to reach $14.7 billion by 2018. The swine feed market comprises starters, growers, sow, and others.
China Feed Premix
The China feed premix market is projected to reach a value of USD 1,655.7 million by 2021, at a CAGR of 4.5% from 2016 to 2021. The feed premix market in China is driven by factors such as changing consumption pattern & increasing awareness level amongst consumers, Industrialization of the livestock sector, Incidences of counterfeit meat and other products, and the ban on antibiotics as growth promoters. The high growth potential in the country provides new growth opportunities for the market players.
Payment Link - Vietnam Feed
The Vietnamese feed market is projected to reach a value of USD 9.52 billion by 2021, at a CAGR of 5.6% from 2016 to 2021. The market is driven by factors such as gradual shift from unorganized livestock farming to organized sector and the growing awareness regarding the importance of health and hygiene of livestock. The support provided by the government to foreign companies has also led to the development and growth of this market.