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The rise in the consumption of corn flour-processed snacks and bakery products across the globe are expected to drive innovation in dry milling manufacturing, thus driving the market during the forecast period.

The global dry milling market is expected to grow from $97.1 billion in 2022 to $103.94 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The dry milling market size is expected to grow to $136.39 billion in 2027 at a CAGR of 7.0%.

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Global Dry Milling Market Segments Include:

• By Source: Yellow Corn, White Corn
• By End Product: Ethanol, Dried Distillers Grain With Soluble (DDGS), Corn Grits, Corn Meal, Corn Flour, Other End Products
• By Application: Fuel, Feed, Food
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global dry milling market in 2021.

Major Market Players 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, LifeLine Foods, Green Plains Inc.

Technological advancements have emerged as the key trend gaining popularity in the dry milling market. Major companies operating in the dry milling sector are focusing on developing new technologies to sustain their position in the market. For instance, in December 2021, Rieco Industries Limited, an India-based project engineering and machine manufacturing company, launched an innovative technological solution, RACAM, an air classifying action mill for dry powder grinding, which had the unique feature of air and dust separation. This machine provides various activities in dry milling such as classifying, conveying, integrated grinding, and collecting operations with the help of a single machine. It also provides an ultra-fine grinding powder. The equipment offers advantages such as larger capacity, higher efficiency, and less noise. The upgraded equipment is also more efficient and easier to clean and use.

The Dry Milling Global Market Report 2023  provides a dry milling market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dry milling market forecast analyzes dry milling market size, dry milling market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Dry milling is used for producing maize-related products such as cornflower for human consumption. When corn kernels are processed into flour or meal without the addition of any liquid, the process is known as dry milling. Dry milling is different from the other methods of milling as it includes the particle contact method of milling.

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