A recent report published by Persistence Market Research, titled 'Corn Steep Liquor powder Market: Global Industry Analysis 2013–2017 and Forecast 2018–2028', projects that the approximately US$ 2.6 Bn corn steep liquor powder market is anticipated to surpass the revenue worth US$ 3.5 Bn by the end of 2028. The report has projected a moderate 4% CAGR for global corn steep liquor powder market during 2018-2028.

Organic Agricultural Practices Favoring Corn Steep Liquor powder Market Growth

The word organic has never been more in trend than it is now. Globally, the demand for organic foodstuff is increasing every day, and it is affecting every vertical that is concerned with organic agriculture. Organic fertilizers are one such part of the organic agriculture trend that is affected by the demand, and corn steep liquor happens to be one of the best contenders for the same.

Corn steep liquor powder, with its rich nutrients profile, is a great organic fertilizer/ organic nutritional aid for organic agriculture, and is available at a much cheaper price point than other organic fertilizers.

Apart from its rich nutrient profile, the benefit that corn steep liquor powder has over other chemical fertilizers is the readily-available nitrogen content to be absorbed by the plants. Free nitrogen content, coupled with a rich amino acid profile of corn steep liquor makes for a highly suitable organic fertilizer for organic agricultural practices.

Corn Steep Liquor Powder to Gain Ground Across Expanding Application Base in Organic Agriculture & Industrial Fermentation

Corn steep liquor is available in two forms in the market, either the liquid or powdered form. Corn steep liquor, in its liquid form, has around 45-50% dry matter, while in the powdered form, the product has around 85-90% of dry matter. In animal feed, the liquid form of corn steep liquor is preferred since it helps act as a binding agent for animal feed pellets. In organic agriculture, however, the powdered form of corn steep liquor is preferred, since it has low moisture content and high purity, is easier to handle, easier to store and use, and has better spread ability.

In industrial fermentation, however, both liquid and powdered forms of corn steep liquor are used, but the powdered form is being increasingly preferred since it exhibits higher stability and is easier to handle. Combined with the fact that organic agriculture practices are increasing globally, the powdered form of corn steep liquor is expected to gain traction in the market over the forecast period.