The dry milling market size has displayed impressive growth in recent years. Its escalation from $111.9 billion in 2024 to an anticipated $120.17 billion in 2025 portrays a compound annual growth rate (CAGR) of 7.4%. The growth intensity throughout the historic period can be attributed to factors such as evolving consumer preferences, regulatory modifications, local and terroir focus, along with increasingly innovative marketing and branding strategies, and a burgeoning cocktail culture.
The dry milling market size is set to witness substantial growth in the upcoming years. Its projection to $170.9 billion in 2029, at a compound annual growth rate (CAGR) of 9.2%, can be credited to the continual development within the premium segment, higher health and wellness awareness, e-commerce and digital marketing advancements, an increasing aging population, and further improvements within whiskey aging and maturation. The forecasted period trends involve low- and no-alcohol options, regional and terroir-driven offerings, ready-to-drink (rtd) cocktails, innovative aging techniques, and digital marketing strategies.
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What Is Boosting The Dry Milling Market Growth?
Rising global consumption of corn flour-processed snacks is a key driver for the dry milling market’s growth. Corn flour, derived from grinding dried corn kernels, is a global staple food extensively used in various food item preparations. For instance, the U.S. Department of Agriculture reported in September 2024 that in 2022, per capita availability of corn products, such as flour and meal, hominy and grits, and food starch in the United States, was 35.5 pounds compared to wheat flour availability of 132.9 pounds per person within the same year. Therefore, this rising consumption of corn flour-processed snacks is propelling the dry milling market growth during the forecast period.
What Are The Highlighted Segments Of The Dry Milling Market?
1) By Source: Yellow Corn, White Corn
2) By Product: Ethanol, Dried Distillers Grain With Soluble (DDGS), Corn Grits, Corn Meal, Corn Flour, Other End Products
3) By Application: Fuel, Feed, Food
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Who Are The Major Players In The Dry Milling Market?
Key players operating in the dry milling market include Archer Daniels Midland Company, Bunge Limited, C.H Guenther And Son Incorporated, Cargill Inc., Didion Milling, Flint Hills Resources LP, LifeLine Foods Pvt. Ltd., Green Plains Inc., Semo Milling, Pacific Ethanol Inc., Alto Ingredients Inc., FRITSCH Co., SunOpta Inc., Millmore Engineering Private Limited, Hosokawa Micron Powder Systems, Quadro Engineering Corp., Frewitt Ltd., Kemutec Group Ltd., Sturtevant Inc., Buhler AG, GEA Group AG, Hosokawa Alpine AG, IKA Works GmbH & Co. KG, Netzsch Grinding & Dispersing, Pallmann Maschinenfabrik GmbH & Co. KG, Schenck Process Holding GmbH, Union Process Inc., WAB Group, Yenchen Machinery Co. Ltd.
How Are Trends Impacting The Dry Milling Market?
Switching on to versatile milling solutions to improve efficiency and adaptability in processing an array of grains is a notable trend among significant companies within the dry milling market. These solutions refer to advanced milling technologies and systems designed to accommodate a broad range of processing needs in the market. For instance, in March 2023, Planmeca, a Finland-based company, launched Planmeca PlanMill 35, a sophisticated chairside milling unit providing both dry and wet processing capabilities for dental restorations, further exemplifying this evolution.
Which Region Is Likely To Outgrow Others In The Dry Milling Market?
In 2024, Asia-Pacific was the largest region in the dry milling market, with it expected to present the fastest growth during the forecast period. The report covers the regions of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
What Does The Dry Milling Market Report 2025 Offer?
Dry milling involves creating maize-related products such as cornflower for human consumption without the addition of any liquid. The process encompasses the particle contact method of milling that differs from other milling methods. The Dry Milling Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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