Cornmeal Market Size, Trends, Share, Growth Status and Forecast 2031 | Semo Milling, Associated British Foods, Dover Corn Products Ltd

The global cornmeal market size was US$ 729.4 million in 2021. The global cornmeal market size is estimated to reach US$ 1029.2 million by 2030, growing at a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2022 to 2030.

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Cornmeal is a fine origin of thiamine and magnesium. It is also an excellent source of selenium. It is formed from dried corn like grits and polenta. It is also the best source of B6 and vitamin folic acid. it combines with flour to form the brittle texture utilized in baked goods as cornmeal is gluten-free.

Factors Influencing Market Growth

The increasing demand for several bakery applications and primary ingredients in tortillas, polenta, and cornbread drives the overall market expansion.
The rise in customer demand for healthy food choices and changing food consumption patterns drive the expansion of the overall market.
The increasing customer selection for a healthy breakfast involving ready-to-eat food items is anticipated to drive overall market growth.
Marching toward nutritious foods to control cardiovascular disease and maintain blood sugar levels boost the overall market growth.

Effect of the COVID-19 Pandemic

The COVID-19 outbreak had a severe impact on the overall market growth. Owing to lockdown restraints, restaurants and hotels, bakeries, and public places were closed. It has damaged the business and marketing areas. The supply chain was disturbed from one location to another because of the transportation constraints for the export and import of raw materials like corn and related items to sectors also prohibited. As a result of a lack of manpower and the shortage of raw materials, the production enterprises faced multiple challenges, resulting in a shutdown. As a result, cornmeal manufacturing is slowed down. Thus, hindering the expansion of the global market.

Regional Insights

Asia-pacific had a significant market share during the global cornmeal market in 2022-2030. The increasing disposable income, rising population, increase in recreational activities, and rising trend of parties in mid-weeks are driving the overall market growth in the region.

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Leading Competitors

The prominent players in the global cornmeal market are:
Tate And Lyle
C.H. Guenther and Son
Gruma
Semo Milling
Associated British Foods
Dover Corn Products Ltd
Lifeline Foods
Archer Daniels Midland
Bunge
Bobs Red Mill Natural Foods
Others

Segmentation Analysis

The global cornmeal market segmentation focuses on Form, Nature, Product Type, Distribution Channel, Application, and Region

Segmentation on the basis of Form
Corn Grits
Corn Flour
Others

Segmentation on the basis of Nature
Conventional
Organic

Segmentation on the basis of Product Type
Blue Cornmeal
Stone Ground Cornmeal
White Cornmeal

Segmentation on the basis of Distribution Channel
B2C
B2B

Segmentation on the basis of Application
Animal Feed
Food Industry

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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?

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This release was published on openPR.