Corn steep powder is gaining much attention in market as a replacement for several organic fertilizers, like chicken litter, fish emulsion, feather meal, and soybean meal.
It is also being used in baking and animal feed industries. Research indicates a high growth of the market over the forecast period as it is readily available to use and does not depend on other microbial activities for digestion and release, unlike other products in the category.
High Nitrogen Source Factor is Driving Demand of Corn Steep Powder
Corn steep powder has been widely recognized as a rich nitrogen source in several culture medium and provides optimum condition for cell culture in the production of yeast, antibiotics, and vitamins, such as vitamin B12.
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Being rich in nitrogen source, sales of corn steep powder is rising, as it can also be used in the fermentation process, as a replacement of organic nitrogen sources, like yeast powder and soybean meal hydrolysate.
Consumers prefer to use the product more, as it is suitable for fermentation of different amino acids, which, in turn, helps to maintain the stability of the fermenting products, making the process much cheaper and efficient as well.
Corn Steep Powder Market in US and Canada
Highly accessible form of corn steep powder is driving the market in the US and Canada over the recent years.
The dried form of the product is not only available as a powder format in the market over the region, but successful implementation of new technologies and advanced researches have enabled manufacturers now to make the product available in different formats, such as capsules or pellets for ease of use for the consumers.
Europe Corn Steep Powder Market
Corn steep powder in the European market is being widely used as a feed ingredient for aquafeed and livestock diets.
It is mostly being used in beef cattle diets as the source of vitamin and essential minerals with highly refined feed grade.
The protein content of such products is also being taken into consideration, as most products contain approximately 40 percent of protein content in them, which is more than enough for animal feed products.
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Key Suppliers/Providers/Manufacturers of Corn Steep Powder
Some of the key manufacturers in corn steep powder market includes
- Roquette Frères
- Cargill Inc.
- Global Bio-chem Technology Group
- Ingredion Incorporated
- Parchem Fine & Specialty Chemicals,
- Tereos FKS Indonesia
- Chelation Grou
- Shandong Shanshi Chemical Co. Ltd
- Mycsa AG and many others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Corn Steep Powder Market Article Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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Key Segments
By Type:
- Organic (Vegan powder)
- Conventional (Whole grain powder)
By Flavor:
- Unflavored
- Flavored
- Kettle Corn
- White Cheddar
- Butter
- Chocolate
- Vanilla
- Mint
- Caramel
By Form:
- Powders
- Capsules
- Spray
- Strips
- Pellets
By Nutritional Content:
- Gluten-Free
- Dairy-Free
- Wheat-Free
- Cholesterol-Free
- Sodium-Free
- Sugar-Free
- Trans Fat-Free
- Non-GMO
- Low Calorie
- No Artificial Flavors
By Industry Application:
- Animal Feed Industry
- Baking Industry
- Bread Mixes
- Cake Mixes
- Cookie Mixes
- Muffin Mixes
- No-Bake Mixes
- Pancake Mixes
- Personal Care industry
- Oral Care
- Body Powder
- Bath & Shower
- Deodorants & Antiperspirants
- Feminine Care
- Men’s Essentials
- Pharmaceutical industry
- Digestive Health
- Diabetes Care
- Fiber Supplements
- Cold Cough and Flu
- Foot Care
- Pain Relievers
- Protein & Fitness
- Smoking Cessation
- Superfoods
- Vitamins & Supplements
- Weight Management
- Others
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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