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Precooked Corn Flour Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast -2028
The Precooked Corn Flour Market was valued at US$ 2,918.78 million in 2021 and is projected to reach US$ 3,953.67 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.The precooked corn flour market has been growing steadily in recent years, driven by the increasing demand for corn-based food products, particularly in the food and beverage industry. Precooked corn flour, also known as instant corn flour, is made from ground and cooked corn kernels. It is widely used as a thickener, binding agent, and flavoring ingredient in a variety of dishes, including tortillas, tamales, and empanadas.
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Analysis of the Top Market Players:
1. Archer Daniels Midland Company
2. Cargill, Incorporated
3. Limagrain (Limagrain Ingredients)
4. Agricor
5. Buhler
6. Favero Antoniop SRL
7. Molion Peila SpA
8. SEMO Milling LLC
9. Gruma
10. S.A.B. de C.V.
In this report, the market has been segmented on the basis of:
Product Type (Yellow Corn Flour, White Corn Flour, and Others)
Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals and Foods, Extruded Snacks, and Others)
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The global market for precooked corn flour is expected to continue to grow in the coming years, driven by factors such as the rising popularity of Mexican cuisine worldwide, the increasing adoption of corn-based food products in the Asia Pacific region, and the growing demand for gluten-free and non-GMO food products. However, the market has also faced challenges, particularly during the COVID-19 pandemic, which led to supply chain disruptions and reduced demand in some regions. Nonetheless, with the global economy recovering, the demand for precooked corn flour is expected to rise again, driven by the growing demand for convenient and easy-to-prepare food products.
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