Cornmeal has been witnessing growing demand in several bakery applications. It also serves as a key ingredient in polenta, tortillas, and cornbread. As such, cornbread is largely popular in the U.S. This trend is anticipated to surge during the forecast period, and is estimated to contribute to the large market value share of the North America cornmeal market. There is growing demand for cornmeal with high fibre content in the U.S. Hence, companies in the cornmeal market are increasing the production of stone ground cornmeal that adds more flavor, is grainier, and is also more nutritious than cornmeal produced by steel milling.
Seattle, WA -- (SBWIRE) -- 12/03/2019 -- The production of corn or maize plays an important role in the global economy. Corn is used in raw and processed form in the feed and food industry globally. Cornmeal is a major byproduct of corn. It is powder form of corn made by drying process. It is commonly used as staple food in many regions. Cornmeal has high fiber content in dietary meals and provides healthy food nutrients. It also has essential source of minerals such as manganese, copper, zinc, phosphorus, magnesium, and iron.
Cornmeal serves wide application in dairy and confectionery products such as muffins, pancakes, puddings, bread, desserts, porridge, and waffles & rolls. Beside the food industry, organic cornmeal is being extensively used in horticultural industry, as well, in the recent years. Using cornmeal in horticultural gardens is the effective way to keep weed seeds from outgrowing and avoid damaging the existing plant system, trees, or shrubs.
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Some of the key players operating in cornmeal market are Bob's Red Mill Natural Foods, Archer Daniels Midland, LifeLine Foods, Bunge, Dover Corn Products Ltd, Associated British Foods, SEMO Milling, Gruma, C.H. Guenther & Son, and Tate & Lyle
High nutrition value of cornmeal aids in improving functionality of body organs. Carbohydrates, iron, and phosphorus covers major nutrients share in the cornmeal, which helps in maintaining nervous system, smoothening blood circulation, increasing bone strength, and enhancing the healing power. Absence of gluten in cornmeal have resulted in widespread attention of cornmeal from health-conscious consumers. Cornmeal is also proving to be a good alternative for wheat flour resulting in gaining attention from patients having celiac disease or gluten sensitivity.
Rise in consumption of organic cornmeal products for breakfast is the latest buzz amongst millennials, which is further expected to boost the demand for cornmeal during the forecast period.
The U.S. is the largest producer of corn and cornmeal throughout the globe followed by China and Brazil. The cornmeal market is expected to experience augmented growth in the international market owing to the increase in demand for corn production throughout the globe considering widespread applications of cornmeal. Adaption of new farming technologies, area expansion, and yield improvements majorly drives the growth of maize production in the developing countries.
The global cornmeal meal market is segmented into type, strain type, and region. Based on type, the market is classified into organic and conventional type. Based on strain type, it is divided into blue, yellow, and white. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the cornmeal market from 2018 to 2027 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
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