Global Cornmeal Market Current Situation in Pandemic COVID-19 | Research Report
Posted by Shiva krishna on April 10th, 2020
Global Cornmeal Market Growth Introduction Analysis:
Cornmeal is the coarse flour grounded from dried maize or corn which is a common staple food around the globe. It is cooked to make grits or polenta and it is added to certain dishes like bread and pancakes. It is grounded into fine, medium and coarse but not as well as wheat flour. It is an excellent alternative to flour for people seeking gluten-free products. Corn snacks do not contain artificial ingredients and it offers puffiness to the processed snack products because of high starch content.
Global Cornmeal Market was worth USD xx billion in 2018 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2025.
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There are various types of cornmeal. Some of them are blue cornmeal, steel-ground yellow cornmeal, stone-ground cornmeal and white cornmeal. Dish made by soaking fine cornmeal in alkaline solution is known as masa and boiled cornmeal is called as polenta. It is rich source of fibre and small quantities of Iron, Zinc, Niacin. The food supplies a wealth of certain vitamins and nutrients, too. It is used as corn grits in the brewing process of craft beers. Labelling and packaging helps consumers to identify the organic corn and different types of corn products.
Rising demand for corn based snack products, growing popularity of bakery industry, demand for corn flour, increasing health awareness, rise in popularity of craft beer, continuous product innovations in terms of corn ingredients, increasing Latin American recipes, rise in disposable income, technology advancements in terms of labelling and packaging are driving the global cornmeal market. However, fluctuations in corn supply, climate conditions, contamination issues and stringent government regulations are hampering the growth of the market.
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Global Cornmeal Market Detailed Segmentation Analysis:
Global Cornmeal Market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into corn flour, corn grits, brewery grits, wheat flour and mixes, whole grains, ready-to-eat cornmeal and other corn products. Based on the application, the market is segmented into industrial use, food services, retail use and other applications. The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. The Americas anticipated for the majority market share during the forecast period because of huge demand for cornmeal products, corn snacks and wide varieties of popular Mexican foods in these countries. Asia-Pacific market has the fastest growing rate due to the emerging economies, growing people health awareness and demand for the food due to rise in population.
Leading Key Players Covered in this market report are:
Key players dominating the Global Cornmeal market are Archer Daniels Midland, Cargill, Associated British Foods, General Mills, Gruma, Tate & Lyle, Bob’s Red Mill Natural Foods, Bunge, LifeLine Foods and SEMO Milling.
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