Corn is among the most produced cereal crops in the world. The strategy of utilizing corn by-products for industrial processing is universally appealing, both nutritionally and economically. Let's take a look at the global corn deep processing equipment market trends.
The Golden Crop: Increased Corn Production And Its Implications For The Corn Deep Processing Industry
Corn deep processing has been in practice for over 150 years; the refining process separates corn into starch, fiber, germ, and protein. The important stages of the process involve inspection & cleaning, steeping, germ separation, starch separation, fine grinding & screening, and fermentation. Corn deep processing equipment are used to process corn into different corn foods such as corn flour, corn grits, and corn syrup.
Corn is among the most produced cereal crop in the world, accounting for about 85 percent of total starch output. Numerous by-products, classified according to technological process characteristics such as steep liquor, corn germ, corn bran, and gluten, are produced primarily during maize processing. They are affordable, nutrient-dense, and include a diverse variety of proteins, lipids, carbs, and minerals.
In today's increasingly resource-constrained world, the strategy of utilising these by-products for industrial processing is universally appealing, both nutritionally and economically. Indeed, these by-products are frequently used in feed, fermentation, nutrient extraction, and other sectors. For instance, protein-dense corn gluten can be used to make high-quality animal feed, while corn germ can be used as a raw material in the high-quality edible oil sector. Increasing utilisation, without a doubt, means that these by-products will no longer be discarded but will instead be turned into high-value-added products.
With rising demand for corn-based foods and other corn products for industrial and commercial uses, manufacturers are increasingly focused on designing corn deep processing equipment with more advanced features, higher productivity, and optimized performance. For instance, Heat and Control, a leading American industrial processing equipment manufacturer, has gained global recognition for its cutting-edge corn processing machinery, including the Masa Maker, Corn Washer, and Corn Products Conditioner. The recipe-driven, simmer/soak-free system of Masa Maker efficiently processes clean and dry corn into fresh masa, and the machine is widely used for making corn chips, tortilla chips, taco shells, corn churritos, corn crackers, and rolled corn products.
Brief Outlook of the Global Corn Deep Processing Equipment Market
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| Corn Deep Processing Equipment |
According to the latest report by Reports & Data, the global corn deep processing equipment market size was USD 5,566.9 million in 2020 and is expected to reach a staggering USD 7,530.9 million by 2028, registering a robust CAGR of 3.8% during the forecast period.
Key factors contributing to the significant revenue growth of the market are increasing consumption of corn-based food products and animal feed, raising awareness about the health benefits of the product, increasing non-food or industrial applications of corn, and increased investments in research & development activities for advanced corn processing systems such as washing and filtration systems.
Corn, being a major food crop, has historically been a commodity with a wide variation. "Old corn" has been updated with a new identity. Along with the most fundamental agricultural cultivation and main food and feed processing, the fields of physics and chemistry have become involved with corn processing. To process corn thoroughly, methods and fermentation engineering techniques are used. Corn starch, modified starch, corn gluten meal, corn starch sugar, edible alcohol, corn oil, fuel ethanol, lysine, polylactic acid, glutamic acid, xylitol, protein feed, chemical alcohol, and fibre are the major corn deep processing by-products.
Thousands of varieties of feed and deep-processed corn are widely utilised in textiles, autos, food, medicine, and a variety of other industries. A corn economic system has been developed as a result of the deepening of the processing level.
Increased Corn Production And Processing Will Boost Corn Deep Processing Equipment Market Growth
There are two significant corn gold belts in the world, one in the United States and one in China. Corn production has been expanding rapidly in both countries. As a result, both countries are investing more in corn deep processing.
The United States government boosted its projection for corn production by 1.7 percent in 2021 after farmers planted more acres than previously reported. Corn production in the United States will surpass 14.996 billion bushels, the second-largest harvest on record. USDA projects China's corn production in the marketing year 2021/22 to reach a record 273.0 million metric tonnes.
China is reportedly investing heavily on corn deep processing. Domestic firms are investing in a variety of downstream businesses associated with corn deep processing.
China provides export subsidies for products that undergo extensive processing. Subsidies for deep-processing firms are being provided, particularly in northern China.
After a decade of limitations, China's government is reopening the corn deep processing business to foreign investment. The administration intends to boost the economy with this move and also to increase the efficiency of reducing the massive corn surplus that has currently become a problem for the country.
China's intensive processing of corn has the longest processing chain of any food crop. After all, corn processing results in the production of up to 2,000 downstream products. The corn deep processing sector is divided into segments such as food, medicinal, everyday necessities, and fuel.
Corn is the most suitable industrial raw material of the three primary food crops, and it is also the most processed. The corn processing industry is defined by a large processing area, a lengthy industrial chain, and an abundance of products, which include starch, starch sugar, modified starch, alcohol, enzyme preparations, condiments, medicinal, and chemical products, but primarily starch and alcohol.
The majority of the other goods are products that have been further processed or are by-products of the production of these two. These deep-processed products or by-products have a relatively high value or added value, and thus have the potential to generate significant profits. The outlook is favourable. With the corn processing industry continuously deepening and product chains expanding and extending, the corn deep processing equipment market and potential for the corn deep processing industry are enormous.