Cornmeal Market To Surge $1.05 Bn with Booming CAGR of 3.9% by 2031
The introduction of innovative cornmeal by market players in the cornmeal industry to pique customer interest and give a lucrative potential for market growth.
PORTLAND, OR, US, February 15, 2023 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Cornmeal Market by Form (Corn Grits, Corn Flour, Others), by Nature (Organic, Conventional), by Product Type (Blue Cornmeal, Stone Ground Cornmeal, White Cornmeal), by Distribution Channel (B2B, B2C), by Application (Food Industry, Animal Feed): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global cornmeal industry generated $729.40 million in 2021, and is anticipated to generate $1.05 billion by 2031, witnessing a CAGR of 3.9% from 2022 to 2031.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/5471
Prime determinants of growth
Health benefits associated with consuming cornmeal, increase in demand for gluten free ingredients, rise in use of cornmeal in animal feed product, and surge in use of cornmeal in bakery products drive the growth of the global cornmeal market. However, availability of substitute products and reduction in the production of corn restrict the market growth. On the other hand, increase in demand for healthy and nutritious food products presents new opportunities in the coming years.
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐๐ฟ๐ฒ:
The players operating in the global cornmeal industry have adopted various developmental strategies to expand their cornmeal market share, increase profitability, and remain competitive in the market. The key players profiled in this report include General Mills, Semo Millings, Gruma, Archer Daniels Midland, Bobโs Red Mill, Tate and Lyle, Bunge, Associated British Foods, Lifeline Foods, and Dover corn product ltd.
๐๐๐ ๐๐ง๐๐-๐ง๐๐ ๐ ๐ข๐๐๐๐ฅ - ๐๐๐ ๐ก๐ผ๐ & ๐๐ฒ๐ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/checkout-final/9c2e5b31eef9fc03d1153ce689145426
The market is segmented into form, nature, product type, distribution channel, application and region. On the basis of type, the market is categorized into corn grits, corn flours and others (degerminated, bolted). On the basis of nature, it is segregated into organic and conventional. On the basis of product type, it is bifurcated into blue cornmeal, stone-ground cornmeal, and white cornmeal. On the basis of distribution channel, it is divided into B2B and B2C. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Ukraine, Russia, Romania and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, United Arab Emirates, Argentina, South Africa, and Rest of LAMEA).
๐๐๐ฌ ๐๐๐ก๐๐๐ก๐๐ฆ ๐ข๐ ๐ง๐๐ ๐ฆ๐ง๐จ๐๐ฌ
-> On the basis of cornmeal market analysis for type, the segment is projected to witness the highest CAGR, in revenue terms, during the forecast period.
-> On the basis of flavor, the segment is expected to dominate the cornmeal industry from 2021 to 2030.
-> On the basis of cornmeal market trends for packaging, the segment is projected to witness the highest CAGR, in revenue terms, during the forecast period.
-> On the basis of the Distribution channel, the B2B and B2C segment is expected to grow at a significant CAGR during the cornmeal market forecast period.
-> On the basis of region, the U.S. was the largest country, in terms of revenue generation for the cornmeal market in 2020.
-> On the basis of region, Asia-Pacific is anticipated to witness the highest cornmeal market growth rate, registering a CAGR from 2021 to 2030.
๐๐ฒ๐ ๐ฌ๐ผ๐๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ: https://www.alliedmarketresearch.com/request-for-customization/5471
Corn is a brilliant source of potassium and an essential nutrient that numerous Americans do not get enough. Potassium regulates the circulatory arrangement and helps maintain appropriate blood flow and a strong heart rate. Low potassium levels can lead to a possibly serious condition called hypokalemia. Corn contains lutein, a carotenoid similar to vitamin A usually originate in vegetables and fruits. Lutein is known to decrease the risk of macular degeneration, cataracts and other eye diseases.
๐๐ต๐ฒ๐ฐ๐ธ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐ฑ๐ถ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐ฏ๐ ๐๐ ๐ฅ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
Corn hydrolysate Market - https://www.alliedmarketresearch.com/corn-hydrolysate-market-A16866
Roasted Corn Market - https://www.alliedmarketresearch.com/roasted-corn-market-A11053
Ketogenic Diet Food Market - https://www.alliedmarketresearch.com/ketogenic-diet-food-market-A16884
Millet Snacks Market - https://www.alliedmarketresearch.com/millet-snacks-market-A16885
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