Market Overview:
The global cornmeal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cornmeal from various applications such as industrial, retail, food services and others. North America is expected to dominate the global cornmeal market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Cornmeal is a type of flour that is made from ground corn. It can be used to make breads, pancakes, and other dishes. Cornmeal is a common ingredient in Southern cuisine.
Yellow Cornmeal:
Yellow cornmeal is a form of corn grain that has been processed to remove the larger portion of starch and germ, which makes it yellow in color. It is also known as field corn because it is harvested from the main crop or field. The product finds its major application in making tortillas, tamales, polenta (milled maize), cookies & cakes and other products like chocolates & candies.
White Cornmeal:
White cornmeal is also known as al dente or fine meal. It is the end product after yellow corn has been processed for starch and food content. The coarseness of the grain can vary from course to medium grain depending upon how much it is ground. White corns have a higher proportion of starch and protein than their counterparts which makes them highly popular among consumers who prefer consuming foods rich in nutrients.
Application Insights:
The retail segment accounted for the largest share of more than 50.0% in 2017 and is expected to witness significant growth over the forecast period. Cornmeal is used as a breakfast cereals, which provides essential nutrients such as dietary fiber, magnesium, zinc and iron. The growing health consciousness among consumers has driven them to prefer cornmeal over other cereals owing to its low sugar content and rich nutritional value. This trend will drive demand for cornmeal in the retail industry over the coming years.
Food services are anticipated to be one of the fastest-growing application segments with a CAGR of XX%, in terms of revenue from 2018 to 2030 on account of rising product applications across various food products including cookies & bars, soups & stews, chowder & bisque along with several others that include main course dishes like tacos salad wraps nachos etc., side dish items like creamed spinach artichoke dip etc., snacks like pretzels chips hummus etc.
Regional Analysis:
North America cornmeal market is expected to witness significant growth over the forecast period owing to the increasing consumption of cornmeal in various applications such as bakery, cereals, and snacks. The U.S., in particular, is one of the largest consumers due to its large number of food processing units and high demand for convenience foods.
The Asia Pacific was a major consumer as well as producer on account of China being a major supplier coupled with India being an abundant producer. However, due to rising domestic prices and lower export volumes caused by trade barriers are anticipated to affect production levels which will result in higher import costs for end-use industries such as food processing over the next few years.
Europe has been one of the leading producers since 1846 when yellow maize was first cultivated there according to historical records at EU level (Euronext).
Growth Factors:
- Increasing demand for cornmeal from the bakery and confectionery industry as a low-cost substitute for other flour products.
- Rising demand for cornmeal in the animal feed sector due to its high nutritional value.
- Growing popularity of gluten-free diets, which has led to an increase in demand for cornmeal as a gluten-free ingredient.
- Rapid urbanization in developing countries, which is driving up demand for processed foods that contain cornmeal as an ingredient.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cornmeal Market Research Report
By Type
Yellow Cornmeal, White Cornmeal
By Application
Industrial, Retail, Food Services, Others
By Companies
Cargill, General Mills, Archer Daniels Midland, Gruma, Bob's Red Mill Natural Foods, Bunge, Grupo Bimbo, Associated British Foods, C.H. Guenther & Son, Ingredion, Cargill, SEMO Milling
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Cornmeal Market Report Segments:
The global Cornmeal market is segmented on the basis of:
Types
Yellow Cornmeal, White Cornmeal
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
Industrial, Retail, Food Services, Others
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:
- Cargill
- General Mills
- Archer Daniels Midland
- Gruma
- Bob's Red Mill Natural Foods
- Bunge
- Grupo Bimbo
- Associated British Foods
- C.H. Guenther & Son
- Ingredion
- Cargill
- SEMO Milling
Highlights of The Cornmeal 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:
- Yellow Cornmeal
- White Cornmeal
- By Application:
- Industrial
- Retail
- Food Services
- Others
- 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 Cornmeal 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?
Cornmeal is a type of flour made from ground corn. It is most commonly used in baking, but can also be used for other purposes such as making polenta or grits.
Some of the major players in the cornmeal market are Cargill, General Mills, Archer Daniels Midland, Gruma, Bob's Red Mill Natural Foods, Bunge, Grupo Bimbo, Associated British Foods, C.H. Guenther & Son, Ingredion, Cargill, SEMO Milling.
The cornmeal market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cornmeal Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cornmeal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cornmeal Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cornmeal Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cornmeal Market Size & Forecast, 2020-2028
4.5.1 Cornmeal Market Size and Y-o-Y Growth
4.5.2 Cornmeal Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Yellow Cornmeal
5.2.2 White Cornmeal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Retail
6.2.3 Food Services
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cornmeal Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cornmeal Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Yellow Cornmeal
9.6.2 White Cornmeal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Retail
9.10.3 Food Services
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Yellow Cornmeal
10.6.2 White Cornmeal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Retail
10.10.3 Food Services
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Yellow Cornmeal
11.6.2 White Cornmeal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Retail
11.10.3 Food Services
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Yellow Cornmeal
12.6.2 White Cornmeal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Retail
12.10.3 Food Services
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Yellow Cornmeal
13.6.2 White Cornmeal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Retail
13.10.3 Food Services
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cornmeal Market: Competitive Dashboard
14.2 Global Cornmeal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 General Mills
14.3.3 Archer Daniels Midland
14.3.4 Gruma
14.3.5 Bob's Red Mill Natural Foods
14.3.6 Bunge
14.3.7 Grupo Bimbo
14.3.8 Associated British Foods
14.3.9 C.H. Guenther & Son
14.3.10 Ingredion
14.3.11 Cargill
14.3.12 SEMO Milling
