Press release
Corn Flour Market is projected to grow at a CAGR of 6.1% between 2022 and 2032, totaling around 29,352 million by 2032
The worldwide corn flour market size is supposed to be esteemed at US$ 18,231.1 Million out of 2022. The developing interest for RTE items is setting out steady open doors for makers.Accordingly, organizations are growing their creation abilities to deliver breakfast cereals to meet the accommodation prerequisites of shoppers. The general interest for Corn Flour is projected to develop at a CAGR of 6.1% somewhere in the range of 2022 and 2032, adding up to around 29,352 million by 2032.
Corn flour is used in healthy pet foods. It also finds various applications in food industry such as in bakery products, in snacks, soups, ready to eat food etc. Corn flour is used as substitute for rice and wheat or mixed with wheat flour as a gluten-free product. It is also used in preparation of corn starch.
Corn flour market segmentation:
Corn flour market is segmented on the basis of its various applications in food industry, on the basis of distribution channels. On the basis of applications in food products corn flour market is segmented as bakery and confectionary, snack food, and others. Corn flour blend well with other flours such as wheat and rice flour and used to reduce gluten in bakery products such as muffins, cakes, cookies and pastries etc.
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There is high demand for gluten free bakery products which is driving revenue growth for corn flour in bakery segment. Various snacks such as tortilla chips, wafers and pasta are made from corn flour. Thus demand from healthy snack market segment is growing. Corn flour is used as an ingredient in various soups and other culinary applications thus, demand from these segment is expected to grow significantly over the forecast period.
Depending on geographies global corn flour market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. Increasing demand for health snack options and gluten free bakery products in North America and Europe is driving market growth in the regions. North America is major market from corn flour followed by Europe and Asia Pacific excluding Japan and Japan.
Corn Flour Market: Drivers and Trends
The global corn flour market is driven by growing demand due to the increasing demand for nutritious, healthy, and convenience food products. Demand for corn flour products is accredited to the increasing demand for corn-based healthy snacks includes, tortilla chips, corn chips, taco shells, and a wide variety of other popular food products. Consumers are always looking for healthy snack options is intern driving demand for corn flour market.
Increasing consumer demand for gluten free products due to various health issues associated with gluten is another major factor driving demand for corn flour based bakery products. Increasing demand for healthy soups and pasta where corn flour is used as a major ingredient is another factor expected to drive demand over the forecast period. Corn flour is also used in various ready to cook and ready to eat food products thus, increasing demand for such food products is in turn fuelling market growth for corn flour.
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This shift is now leading to the increasing demand for single-portion, portable as well as healthy snack products. Thus, corn flour -based snacks are expected to see high growth during the forecast period attributed to the myriad health benefits of corn.
Global Corn Flour Market: Key Players
Some of the key players identified across the value chain of the global corn flour market are BASF, Clariant, Evonik, Solvay, W.R.Grace, Grain Millers, Inc. Buffaloe Milling CO Inc, Glen Miller, Hopkinsville Milling CO, Minsa Corp, and Shaff Farms Inc. etc.
The report covers exhaustive analysis on:
Corn Flour Market Segments
Corn Flour Market Dynamics
Historical Actual Market Size, 2015-2016
Corn Flour Market Size & Forecast 2017 to 2027
Corn Flour Market Supply & Demand Value Chain
Corn Flour Market Current Trends/Issues/Challenges
Root Beer Players Competition & Companies involved
Corn Flour Market Technology
Corn Flour Market Value Chain
Corn Flour Market drivers and Restraints
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Regional analysis for Corn Flour Market includes
North America
US & Canada
Latin America
Brazil, Mexico, Others
Western Europe
EU5
Nordics
Benelux
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.
Explore FMI's Other Extensive Reports of Food & Beverage:
Corn Sweeteners Market : https://www.futuremarketinsights.com/reports/corn-sweeteners-market
Konjac Flour Market : https://www.futuremarketinsights.com/reports/konjac-flour-market
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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