The dry milling market has seen considerable growth due to a variety of factors.
• There has been significant growth in the dry milling market in previous years. Its size is projected to increase from $111.9 billion in 2024 to $120.17 billion in 2025, representing a compound annual growth rate (CAGR) of 7.4%.
Factors contributing to the growth during the historic period include consumer preference trends, regulatory modifications, local and terroir attention, as well as marketing, branding, and the cocktail culture.
The dry milling market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the dry milling market is projected to experience significant expansion in the coming years, reaching $170.9 billion in 2029 with a 9.2% compound annual growth rate (CAGR).
This growth in the projected period is attributed to consistent expansion of premium segments, health and wellness, digital advertising and e-commerce, an aging demographic, and whiskey aging and maturation processes. Key patterns in the forecast period encompass options involving minimal or no alcohol, offerings influenced by regional and terroir aspects, ready-to-drink (rtd) cocktails, innovative aging methods, and the rise of digital marketing and e-commerce.
The global surge in corn flour-based snack consumption is predicted to boost the advancement of the dry milling market. Corn flour is obtained from grinding dried whole corn kernels and is a prevalent staple food. It is utilized in the making of a plethora of food dishes. As reported by the U.S. Department of Agriculture in September 2024, the per capita supply of corn products like flour and meal, hominy and grits, and food starch was 35.5 pounds in the United States in 2022. Concurrently, the availability of wheat flour touched 132.9 pounds per person that same year. Consequently, the escalating consumption of corn flour and processed snacks, is fueling the growth trajectory of the dry milling market in the projection period.
The dry milling market covered in this report is segmented –
1) By Source: Yellow Corn, White Corn
2) By Product: Ethanol, Dried Distillers Grain With Soluble (DDGS), Corn Grits, Corn Meal, Corn Flour, Other End Products
3) By Application: Fuel, Feed, Food
Subsegments:
1) By Yellow Corn: Whole Yellow Corn, Yellow Corn Germ, Yellow Corn Flour, Yellow Corn Grits
2) By White Corn: Whole White Corn, White Corn Germ, White Corn Flour, White Corn Grits
Prominent enterprises in the dry milling sector are emphasizing the development of novel technologies such as versatile milling solutions to boost efficiency and adaptability in handling various grains. These versatile milling solutions denote groundbreaking milling technologies and systems designed for diverse processing requirements and materials in the dry milling market. For example, Planmeca, a Finnish company that produces dental gear and health tech, launched the Planmeca PlanMill 35 in March 2023. This sophisticated chairside milling unit offers both dry and wet processing capabilities for dental restorations. The versatile machine equips dental practices with the capacity to efficiently create crowns, inlays, onlays, and veneers in-house, often on the same day. The PlanMill 35 boasts features such as high-speed processing, user-friendly use, and smooth integration with the Planmeca FIT CAD/CAM system, enhancing workflow productivity and enhancing patient satisfaction via same-day restorations.
Major companies operating 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 LP
• LifeLine Foods Pvt. Ltd.
• Green Plains Inc.
• Semo Milling
• Pacific Ethanol Inc.
• Alto Ingredients Inc.
• FRITSCH Co.
• SunOpta Inc.
• Millmore Engineering Private Limited
• Hosokawa Micron Powder Systems
• Quadro Engineering Corp.
• Frewitt Ltd.
• KemutecGroup Ltd.
• Sturtevant Inc.
• Buhler AG
• GEA Group AG
• Hosokawa Alpine AG
• IKA Works GmbH & Co. KG
• Netzsch Grinding & Dispersing
• Pallmann Maschinenfabrik GmbH & Co. KG
• Schenck Process Holding GmbH
• Union Process Inc.
• WAB Group
• Yenchen Machinery Co. Ltd.
Asia-Pacific was the largest region in the dry milling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the dry milling market during the forecast period. The regions covered in the dry milling market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.