Global Wet-Milling Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Equipment;

Milling Equipment, Steeping Equipment, Centrifuge System, and Washing & Filtration System.

By Processing Size;

Medium Line Processing, and Large Line Processing.

By Source;

Corn, Wheat, and Potato.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn438337353 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Wet-Milling Market (USD Million), 2021 - 2031

In the year 2024, the Global Wet-Milling Market was valued at USD 765.49 million. The size of this market is expected to increase to USD 832.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.2%.

The global wet-milling market plays a crucial role in various industries, particularly in the food and beverage sector, where it is instrumental in processing grains and other agricultural products to extract valuable components like starch, sweeteners, oils, and proteins. Wet-milling involves steeping the raw material in water or another solvent to separate and refine different components, making it a versatile and efficient method for extracting high-value products.

One of the primary drivers of growth in the wet-milling market is the increasing demand for biofuels and renewable energy sources. Ethanol production, in particular, relies heavily on wet-milling processes to extract starch from grains like corn and wheat for fermentation into bioethanol. As global efforts to reduce carbon emissions and dependence on fossil fuels intensify, the demand for bioethanol as a renewable fuel source continues to grow, driving expansion in the wet-milling industry.

The food and beverage industry relies on wet-milling for the production of various products such as corn syrup, high-fructose corn syrup (HFCS), and other sweeteners used in food processing. Wet-milling allows manufacturers to extract and refine these ingredients efficiently, meeting the demand for sweetening agents and additives in a wide range of food and beverage products.

Technological advancements also play a significant role in the growth of the wet-milling market, enabling manufacturers to improve efficiency, reduce waste, and enhance product quality. Innovations in milling equipment, automation, and process control systems contribute to higher yields and lower production costs, making wet-milling a competitive and sustainable solution for ingredient extraction and processing.

Shifting consumer preferences towards natural and organic ingredients in food products are influencing the wet-milling market. Manufacturers are adapting their processes to meet these demands, focusing on sustainable sourcing practices and clean-label products that resonate with health-conscious consumers.

The global wet-milling market continues to evolve driven by diverse applications in biofuel production, food and beverage processing, and technological advancements. As industries innovate and adapt to meet changing market dynamics and consumer preferences, the wet-milling sector is expected to witness steady growth and expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By Processing Size
    3. Market Snapshot, By Source
    4. Market Snapshot, By Region
  4. Global Wet-Milling Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for biofuels and renewable energy sources
        2. Growing consumption of processed foods and beverages
        3. Technological advancements in milling processes
        4. Rising awareness of sustainable agricultural practices
      2. Restraints
        1. Fluctuating raw material prices
        2. Environmental concerns related to water usage and waste management
        3. Regulatory challenges in food safety and biofuel production
        4. Competition from dry-milling processes
      3. Opportunities
        1. Innovation in biotechnological processes
        2. Expansion into emerging markets
        3. Diversification of product offerings
        4. Adoption of sustainable practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Wet-Milling Market, By Equipment, 2021 - 2031 (USD Million)
      1. Milling Equipment
      2. Steeping Equipment
      3. Centrifuge System
      4. Washing & Filtration System
    2. Global Wet-Milling Market, By Processing Size, 2021 - 2031 (USD Million)
      1. Medium Line Processing
      2. Large Line Processing
    3. Global Wet-Milling Market, By Source, 2021 - 2031 (USD Million)
      1. Corn
      2. Wheat
      3. Potato
    4. Global Wet-Milling Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Tate & Lyle
      2. Cargill
      3. Incorporated
      4. ADM
      5. Global Bio-chem Technology Group Company Limited
      6. Grain Processing Corporation
      7. Roquette Frres
      8. AGRANABeteiligungs
  7. Analyst Views
  8. Future Outlook of the Market