Hominy Feed Market size is is projected to grow at a CAGR of 6.7% during the forecast period 2022 to 2030.
Hominy Feed Market Overview:
Hominy feed is used as a basic raw material for dairy and beef cattle feed. Hominy feed is primarily used in ruminant feed because it is a high source of fat and protein. Hominy feed is a by-product of the dry maize milling process and represents about one-third of the starting maize volume. Although made from corn kernels, it is more nutritious than maize and has replaced maize in animal feed. Additionally, the resulting ethanol production industry is growing rapidly around the world, mostly in the United States. Hominy feed is a potential feedstock for ethanol production because of its high starch content. Demand for hominid feed will increase for ethanol production in the next 4-5 years.
Its high nutrient content has replaced corn as a livestock feed for Hominy feed. The lack of energy content of dairy rations has been a limiting factor in milk production. It is necessary for lactating cows to obtain the essential energy content in their nutrition. Hominy feed is derived from corn kernels, but contains more nutrients than maize. It has a high starch content. This means that home-cooked feed contributes to the high total energy added to the diet, as it contains a high content of fat and protein.
Hominy Feed market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Hominy Feed market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The Hominy Feed market research report is categorized based on type, applications and region.
Market Key Players:
Semo Milling, PV Sons Corn Milling, Phyto Planet, LaBuddhe Group, Dexterous Product Private Limited, Commodity Specialists Company, Bunge North America, ABST Group, and others.
- Organic Hominy Feed
- Conventional Hominy Feed
- Pet Food Manufacturers
- Ethanol Production
Geographically, the global Hominy Feed market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
North America and Asia Pacific dominate majority of the hominy feed market due to high demand for healthy and nutritious feedstock for animals and poultry for healthier growth. Asia Pacific has the largest population of consumers of milk and by-products such as yogurt and butter. Demand for quality milk from healthy cows has increased. China, India and Japan are the major countries for regional market growth. The North American market is expected to register the highest growth in the coming years owing to the high use of hominid feed for ethanol production owing to its competitiveness and low availability.
South America and Europe have also witnessed surge in market growth in these regions, owing to the presence of major market players and high investment in research and development activities. Growing consumer awareness of high-quality animal feeds such as hominy has further grown the regional market and is expected to grow owing to rising per capita income. Germany, Italy and France are the major countries contributing to the growth of the European market. On the other hand, South America is expected to register the fastest growth in the market owing to high usage of hominy feed in poultry, farm livestock feed and household sector.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Hominy Feed Market report scope
CAGR of 6.7% from 2022 to 2030.
Organic Hominy Feed, Conventional Hominy Feed
Livestock, Pet Food Manufacturers, Ethanol Production
Semo Milling, PV Sons Corn Milling, Phyto Planet, LaBuddhe Group, Dexterous Product Private Limited, Commodity Specialists Company, Bunge North America, ABST Group
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America(Brazil, Argentina, Rest of Latin America)
- Rest Of the World
2017 to 2022
2023 to 2030
- Bunge North America, Inc. has acquired Grupo Minsa’s U.S. Corn Milling business to increase the production of the corn and the by-products such as hominy feed due to their increased demand all around the world. They also export their products to more than
Key Takeaways from this Hominy Feed Report
- Estimate Hominy Feed market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Hominy Feed market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions
At what CAGR is the Hominy Feed market projected to grow in the forecast period 2022 to 2030?
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