Market Overview:
The global milled corn products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for processed food and feed products, especially in developing countries. In terms of type, the corn grits & cones segment is projected to lead the global market during the forecast period, followed by corn flour and hominy feed segments. The food and beverages application segment is expected to account for a major share of the global milled corn products market in 2018.
Product Definition:
Milled corn products are the various types of food that can be made from grinding corn. It is an important part of the human diet, as it is a major source of carbohydrates, proteins, and dietary fiber.
Corn Grits & Cones:
Corn grits and cones are the endosperm of corn kernel. The main function of these products is to provide strength and durability to finished goods such as breakfast cereals, snack foods, nutritional bars, granola bars and other processed food. Corn grits &cones also have high usage in animal feed as it provides essential nutrients required by livestock.
Corn Flour:
Corn flour is a fine powder made from corn seeds. It has several uses in food processing and other industries. The most common use of corn flour is to make tortillas, polenta, breadcrumbs, etc.
Application Insights:
Food and beverage was the largest application segment in 2017, accounting for over 60.0% share of the global revenue. The product is widely used as a flour in various food products such as pancakes, waffles, cookies, cereals bars and chips owing to its sweet taste and nutritional properties including dietary fiber content.
The demand for corn products from Mexico has increased significantly due to growing trade relations between both countries post-NAFTA agreement signed in 2016. Mexican cuisine particularly Central American cuisine is gaining popularity across the globe owing to its rich flavors and variety of dishes offered including mole poblano which uses milled corn flour as an essential ingredient (Sanchez 2004).
Milled corn meal is also used extensively in animal feed industry on account of its high protein content that helps improve livestock productivity (Khan et al., 2012).
Regional Analysis:
North America held the largest share of over 40.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high consumption of milled corn products, particularly in U.S and Canada as staple food item along with being used as a supplement for livestock feed and pet food industry.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing demand from emerging economies such as China, India, Indonesia, Malaysia.
Europe accounted for more than 20% share in 2017 due to increased production facilities across Europe especially within U.K.
Growth Factors:
- Increasing demand for processed foods: The global population is growing at a rapid pace and with this, the demand for processed foods is also increasing. Milled corn products are used in the processing of various food items such as cereals, snacks, bakery products, etc. which makes it a key ingredient in the food industry.
- Rising income levels: A large section of the population across the globe is rising to middle-class status and with this comes an increased demand for better quality and healthier foods. Milled corn products help meet these demands by providing high-quality ingredients that are essential for making nutritious processed foods.
- Technological advancements: The milling process has undergone significant technological advancements over the years which has helped improve product quality and efficiency while reducing costs significantly. This has led to an increase in demand from processors who are looking for better quality ingredients at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Milled Corn Products Market Research Report
By Type
Corn Grits & Cones, Corn Flour, Hominy Feed, Corn Gluten Meal, Other
By Application
Food and Beverages, Feed, Industrial, Other
By Companies
ADM, Cargill, Bunge, Tate & Lyle, Ingredion, Agrana, Grain Processing, The Roquette Freres, China Agri-Industries Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Milled Corn Products Market Report Segments:
The global Milled Corn Products market is segmented on the basis of:
Types
Corn Grits & Cones, Corn Flour, Hominy Feed, Corn Gluten Meal, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Feed, Industrial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Cargill
- Bunge
- Tate & Lyle
- Ingredion
- Agrana
- Grain Processing
- The Roquette Freres
- China Agri-Industries Holdings
Highlights of The Milled Corn Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corn Grits & Cones
- Corn Flour
- Hominy Feed
- Corn Gluten Meal
- Other
- By Application:
- Food and Beverages
- Feed
- Industrial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Milled Corn Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Milled corn products are those that have been ground into a flour or meal.
Some of the major players in the milled corn products market are ADM, Cargill, Bunge, Tate & Lyle, Ingredion, Agrana, Grain Processing, The Roquette Freres, China Agri-Industries Holdings.
The milled corn products market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Milled Corn Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Milled Corn Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Milled Corn Products Market - Supply Chain
4.5. Global Milled Corn Products Market Forecast
4.5.1. Milled Corn Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Milled Corn Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Milled Corn Products Market Absolute $ Opportunity
5. Global Milled Corn Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Milled Corn Products Market Size and Volume Forecast by Type
5.3.1. Corn Grits & Cones
5.3.2. Corn Flour
5.3.3. Hominy Feed
5.3.4. Corn Gluten Meal
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Milled Corn Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Milled Corn Products Market Size and Volume Forecast by Application
6.3.1. Food and Beverages
6.3.2. Feed
6.3.3. Industrial
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Milled Corn Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Milled Corn Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Milled Corn Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Milled Corn Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Milled Corn Products Demand Share Forecast, 2019-2026
9. North America Milled Corn Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Milled Corn Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Milled Corn Products Market Size and Volume Forecast by Application
9.4.1. Food and Beverages
9.4.2. Feed
9.4.3. Industrial
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Milled Corn Products Market Size and Volume Forecast by Type
9.7.1. Corn Grits & Cones
9.7.2. Corn Flour
9.7.3. Hominy Feed
9.7.4. Corn Gluten Meal
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Milled Corn Products Demand Share Forecast, 2019-2026
10. Latin America Milled Corn Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Milled Corn Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Milled Corn Products Market Size and Volume Forecast by Application
10.4.1. Food and Beverages
10.4.2. Feed
10.4.3. Industrial
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Milled Corn Products Market Size and Volume Forecast by Type
10.7.1. Corn Grits & Cones
10.7.2. Corn Flour
10.7.3. Hominy Feed
10.7.4. Corn Gluten Meal
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Milled Corn Products Demand Share Forecast, 2019-2026
11. Europe Milled Corn Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Milled Corn Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Milled Corn Products Market Size and Volume Forecast by Application
11.4.1. Food and Beverages
11.4.2. Feed
11.4.3. Industrial
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Milled Corn Products Market Size and Volume Forecast by Type
11.7.1. Corn Grits & Cones
11.7.2. Corn Flour
11.7.3. Hominy Feed
11.7.4. Corn Gluten Meal
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Milled Corn Products Demand Share, 2019-2026
12. Asia Pacific Milled Corn Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Milled Corn Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Milled Corn Products Market Size and Volume Forecast by Application
12.4.1. Food and Beverages
12.4.2. Feed
12.4.3. Industrial
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Milled Corn Products Market Size and Volume Forecast by Type
12.7.1. Corn Grits & Cones
12.7.2. Corn Flour
12.7.3. Hominy Feed
12.7.4. Corn Gluten Meal
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Milled Corn Products Demand Share, 2019-2026
13. Middle East & Africa Milled Corn Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Milled Corn Products Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Milled Corn Products Market Size and Volume Forecast by Application
13.4.1. Food and Beverages
13.4.2. Feed
13.4.3. Industrial
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Milled Corn Products Market Size and Volume Forecast by Type
13.7.1. Corn Grits & Cones
13.7.2. Corn Flour
13.7.3. Hominy Feed
13.7.4. Corn Gluten Meal
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Milled Corn Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Milled Corn Products Market: Market Share Analysis
14.2. Milled Corn Products Distributors and Customers
14.3. Milled Corn Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ADM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bunge
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tate & Lyle
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ingredion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Agrana
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grain Processing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Roquette Freres
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China Agri-Industries Holdings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook