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2018 Market Analysis & Industry Outlook: Wet Corn Milling

Overview: the U.S. Wet Corn Milling Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Wet Corn Milling: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Wet Corn Milling industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description Sales ($ millions) Percent of Total Sales

Industry Total

Wet Corn Milling

Manufactured Starch, Made By Wet Milling

Wet Corn Milling, Not Categorized, Total

Total Miscellaneous Receipts

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Wet Corn Milling Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Wet Corn Milling companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Wet Corn Milling company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Wet Corn Milling industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Wet Corn Milling measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

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Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations 7%
Installation, Maintenance, and Repair Occupations 9%
Other Installation, Maintenance, and Repair Occupations 8%
Production Occupations 51%
Supervisors of Production Workers 5%
First-Line Supervisors of Production and Operating Workers 5%
First-Line Supervisors of Production and Operating Workers 5%
Food Processing Workers 16%
Miscellaneous Food Processing Workers 16%
Food Batchmakers 8%
Other Production Occupations 28%
Crushing, Grinding, Polishing, Mixing, and Blending Workers 7%
Packaging and Filling Machine Operators and Tenders 12%
Packaging and Filling Machine Operators and Tenders 12%
Transportation and Material Moving Occupations 14%
Material Moving Workers 12%
Laborers and Material Movers, Hand 6%
Source: Bureau of Labor Statistics

Wet Corn Milling Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Top Innovators

CompanyInnovation Score

Additional companies, details and innovation scoring in the full report.

Latest Industry News

  • USDA: Corn use for fuel ethanol up in November - Corn consumed in November for dry milling fuel production and wet milling fuel production was 90.2 percent and 9.78 percent, respectively. In addition, 2.883 million hundredweight (cwt) (161,448 tons) of grain sorghum was consumed for fuel alcohol ... (01/08/2018)
  • Everchanging Argentina forecast affects soybean outlook - Corn for beverage alcohol was 3.45 million bushels, up 3 percent from November 2016. Dry mill co-production of distillers dried grains with solubles was 2 million tons during November 2017, up slightly from 2016. Distillers wet grains (65 percent or more ... (01/08/2018)
  • Global Wet-milling Corn Product Market by Manufacturers, Types, Regions and Application Research Report Forecast to 2022 - (EMAILWIRE.COM, December 30, 2017 ) Global Wet-milling Corn Product Market report is replete with detailed analysis from a thorough research, especially on questions that border on market size, development environment, futuristic developments, operation ... (12/30/2017)
  • Gujarat Ambuja Exports to set up corn wet milling project in Maharashtra - NEW DELHI: Agro-processing firm Gujarat Ambuja Exports today announced the plans to set up a 'corn wet milling' project with an installed capacity of 1,000 tonnes per day in Dhule district, Maharashtra. "The company proposes to set up a greenfield project ... (05/05/2016)
  • Gujarat Ambuja to set up ‘corn wet milling’ project - Agro-processing firm Gujarat Ambuja Exports today announced plans to set up a ‘corn wet milling’ project with an installed capacity of 1,000 tonnes per day in Dhule district, Maharashtra. “The company proposes to set up a greenfield project of 1,000 ... (05/05/2016)
  • Research and Markets: 2013 Report on the $14 Billion US Wet Corn Milling Industry and it's International Trade - DUBLIN--(BUSINESS WIRE)--Research and Markets ( has announced the addition of Supplier Relations US, LLC's new report "Wet Corn Milling Industry in the U.S. and its International Trade ... (03/01/2013)
  • Columbus celebrates new new ethanol plant - COLUMBUS -- The Archer Daniels Midland Company's ethanol dry mill and a coal-fired cogeneration plant officially opened Friday. The two operations join a wet corn mill that was already in place. The expansion allows ADM to produce 300 million more gallons ... (07/09/2010)
  • Heinz To Sell Corn Operation - ... sell an Iowa corn-milling company to an international corn-starch producer based in France. Heinz has agreed to sell Hubinger Co. of Keokuk, Iowa, to Roquette Freres of Lille, France. Hubinger is billed as the country`s oldest wet-corn milling firm. (06/27/1991)

Government Contracts

In 2016, the federal government spent a total of $609,131 on Wet Corn Milling. It has awarded 23 contracts to 6 companies, with an average value of $101,522 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount

Segments classified within this market research report

This industry market research report includes companies whose primary business is any of the following:
Corn dextrin manufacturing, Dextrin made by wet milling corn, Potato starches manufacturing, Gluten feed, flour, and meal, made by wet milling corn, Corn sweeteners (e.g., dextrose, fructose, glucose) made by wet milling corn, Tapioca manufacturing, Sugar made by wet milling corn, Corn oil mills, Table oil, corn, made by wet milling, Corn gluten meal manufacturing, Maltodextrins manufacturing, Vegetable starches manufacturing, Margarine and other corn oils made by wet milling corn, High fructose corn syrup (HFCS) manufacturing, Rice starches manufacturing, Syrup, Root starches manufacturing, Steepwater concentrate manufacturing, Gluten manufacturing, Crude corn oil manufacturing, Corn starch manufacturing, Corn oil cake and meal manufacturing, Wet milling corn and other vegetables, Oil, corn crude and refined, HFCS (high fructose corn syrup) manufacturing, Corn gluten feed manufacturing, Corn oil, crude and refined, Starches (except laundry) manufacturing, etc.

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