Market Overview:
The global precooked corn flour 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 convenience foods and rising awareness about health benefits of consuming corn flour. Based on type, the global precooked corn flour market is segmented into yellow corn flour, white corn flour, and blue corn flour. Among these, yellow corn flour dominates the market due to its high demand for making tortillas and other Mexican dishes. Based on application, B2B segment accounts for majority of share in terms of revenue in 2017 owing to large-scale food processing units that use precooked maize products for various food preparations such as snacks, breakfast cereals etc.
Product Definition:
Precooked corn flour is a type of cornmeal that has been precooked in water or steam. It is used to thicken soups and sauces, as well as to make breads, pancakes, and other dishes.
Yellow Corn Flour:
Yellow corn flour is a fine powder made from yellow corn. It has high nutritional value and can be used as an alternative to rice flour in many recipes. The product also acts as a thickening agent, binder, and flavoring ingredient in the food industry.
The global yellow corn flour market size was valued at USD 1.10 billion in 2016.
White Corn Flour:
White corn flour is a fine powder made from the endosperm of white corn. It has high nutritional value and can be used as an alternative to rice flour in various food products such as bakery, confectionery & desserts, sauces & dressing and meat products. The demand for white corn flour is expected to witness growth on account of increasing application scope in the food industry coupled with rising health awareness among consumers across the globe.
Application Insights:
B2B was the dominant application segment in 2017 and is expected to continue its dominance over the forecast period. Precooked corn flour is used as a substitute for wheat flour in various foods and bakery products. It finds applications as breakfast cereals, bread, muffins, cookies, crackers & chips and other snacks. The growing vegan population across the world has driven demand for these products which can be consumed without milk or butter owing to their high protein content.
The convenience stores are projected to register a CAGR of XX% from 2018 to 2030 due to increasing consumer spending on food items that offer quick relief from fatigue such as energy drinks & coffee creameries along with confectioneries such as chocolates bars & bonbons at affordable prices compared with hypermarkets/supermarkets or supermarkets.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to growing consumption of processed food as well as fresh cornflour-based products. In addition, increasing demand for gluten-free foods has been fueling regional product sales.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to rising disposable income levels and expanding middle class population in countries such as China and India.
Europe was valued at USD X million in 2017 and is expected to register a CAGR of XX% from 2018 to 2030 due its high nutritional value along with various health benefits associated with precooked corn flour products such as lower cholesterol level, improved bone health, enhanced eye sight etc.
Growth Factors:
- Increasing demand for convenience foods: The Precooked Corn Flour market is driven by the increasing demand for convenience foods. This is because consumers are looking for products that are easy to prepare and do not require a lot of time or effort.
- Rising disposable income: Another key growth driver for the Precooked Corn Flour market is rising disposable income levels in developing countries. This has led to an increase in spending on food, which has benefitted the Precooked Corn Flour market.
- Growing population: The growing population is another key factor that is driving the growth of the Precooked Corn Flour market as it leads to an increase in demand for food products.
- Urbanization: Urbanization also plays a role in driving the growth of the Precooked Corn Flour market as it leads to an increase in consumption patterns among urban consumers who have higher purchasing power than rural consumers. 5) Technological advancements: Technological advancements such as new product launches and innovations are also fuelling growth within this category, thus providing opportunities for players operating within this space
Scope Of The Report
Report Attributes
Report Details
Report Title
Precooked Corn Flour Market Research Report
By Type
Yellow Corn Flour, White Corn Flour, Blue Corn Flour
By Application
B2B, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retailing
By Companies
Cargill, Bunge, Goya Foods, Lifeline Foods, Empresas Polar, Harinera Del Valle, Gruma SAB de CV, Molino Peila SpA, Groupe Limagrain, Cool Chile Company, The Quaker Oats Company, Bob’s Red Mill Natural Foods, Archer Daniels Midland Company
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Precooked Corn Flour Market Report Segments:
The global Precooked Corn Flour market is segmented on the basis of:
Types
Yellow Corn Flour, White Corn Flour, Blue Corn Flour
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
B2B, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retailing
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
- Bunge
- Goya Foods
- Lifeline Foods
- Empresas Polar
- Harinera Del Valle
- Gruma SAB de CV
- Molino Peila SpA
- Groupe Limagrain
- Cool Chile Company
- The Quaker Oats Company
- Bob’s Red Mill Natural Foods
- Archer Daniels Midland Company
Highlights of The Precooked Corn Flour 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 Corn Flour
- White Corn Flour
- Blue Corn Flour
- By Application:
- B2B
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online Retailing
- 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 Precooked Corn Flour 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.
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- Correctly Positioning New Products
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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?
Precooked corn flour is a type of corn flour that has been precooked and then dried. It is often used in baking because it has a high starch content, which makes it absorb moisture well and create a firm texture.
Some of the key players operating in the precooked corn flour market are Cargill, Bunge, Goya Foods, Lifeline Foods, Empresas Polar, Harinera Del Valle, Gruma SAB de CV, Molino Peila SpA, Groupe Limagrain, Cool Chile Company, The Quaker Oats Company, Bob¢â‚¬â„¢s Red Mill Natural Foods, Archer Daniels Midland Company.
The precooked corn flour market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Precooked Corn Flour 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. Precooked Corn Flour Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Precooked Corn Flour Market - Supply Chain
4.5. Global Precooked Corn Flour Market Forecast
4.5.1. Precooked Corn Flour Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Precooked Corn Flour Market Size (000 Units) and Y-o-Y Growth
4.5.3. Precooked Corn Flour Market Absolute $ Opportunity
5. Global Precooked Corn Flour 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. Precooked Corn Flour Market Size and Volume Forecast by Type
5.3.1. Yellow Corn Flour
5.3.2. White Corn Flour
5.3.3. Blue Corn Flour
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Precooked Corn Flour 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. Precooked Corn Flour Market Size and Volume Forecast by Application
6.3.1. B2B
6.3.2. Hypermarkets/Supermarkets
6.3.3. Convenience Stores
6.3.4. Specialty Stores
6.3.5. Online Retailing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Precooked Corn Flour 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. Precooked Corn Flour 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 Precooked Corn Flour 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. Precooked Corn Flour 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 Precooked Corn Flour Demand Share Forecast, 2019-2026
9. North America Precooked Corn Flour 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 Precooked Corn Flour 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 Precooked Corn Flour Market Size and Volume Forecast by Application
9.4.1. B2B
9.4.2. Hypermarkets/Supermarkets
9.4.3. Convenience Stores
9.4.4. Specialty Stores
9.4.5. Online Retailing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Precooked Corn Flour Market Size and Volume Forecast by Type
9.7.1. Yellow Corn Flour
9.7.2. White Corn Flour
9.7.3. Blue Corn Flour
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 Precooked Corn Flour Demand Share Forecast, 2019-2026
10. Latin America Precooked Corn Flour 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 Precooked Corn Flour 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 Precooked Corn Flour Market Size and Volume Forecast by Application
10.4.1. B2B
10.4.2. Hypermarkets/Supermarkets
10.4.3. Convenience Stores
10.4.4. Specialty Stores
10.4.5. Online Retailing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Precooked Corn Flour Market Size and Volume Forecast by Type
10.7.1. Yellow Corn Flour
10.7.2. White Corn Flour
10.7.3. Blue Corn Flour
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 Precooked Corn Flour Demand Share Forecast, 2019-2026
11. Europe Precooked Corn Flour 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 Precooked Corn Flour 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 Precooked Corn Flour Market Size and Volume Forecast by Application
11.4.1. B2B
11.4.2. Hypermarkets/Supermarkets
11.4.3. Convenience Stores
11.4.4. Specialty Stores
11.4.5. Online Retailing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Precooked Corn Flour Market Size and Volume Forecast by Type
11.7.1. Yellow Corn Flour
11.7.2. White Corn Flour
11.7.3. Blue Corn Flour
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 Precooked Corn Flour Demand Share, 2019-2026
12. Asia Pacific Precooked Corn Flour 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 Precooked Corn Flour 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 Precooked Corn Flour Market Size and Volume Forecast by Application
12.4.1. B2B
12.4.2. Hypermarkets/Supermarkets
12.4.3. Convenience Stores
12.4.4. Specialty Stores
12.4.5. Online Retailing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Precooked Corn Flour Market Size and Volume Forecast by Type
12.7.1. Yellow Corn Flour
12.7.2. White Corn Flour
12.7.3. Blue Corn Flour
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 Precooked Corn Flour Demand Share, 2019-2026
13. Middle East & Africa Precooked Corn Flour 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 Precooked Corn Flour 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 Precooked Corn Flour Market Size and Volume Forecast by Application
13.4.1. B2B
13.4.2. Hypermarkets/Supermarkets
13.4.3. Convenience Stores
13.4.4. Specialty Stores
13.4.5. Online Retailing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Precooked Corn Flour Market Size and Volume Forecast by Type
13.7.1. Yellow Corn Flour
13.7.2. White Corn Flour
13.7.3. Blue Corn Flour
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 Precooked Corn Flour Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Precooked Corn Flour Market: Market Share Analysis
14.2. Precooked Corn Flour Distributors and Customers
14.3. Precooked Corn Flour Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bunge
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goya Foods
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lifeline Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Empresas Polar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Harinera Del Valle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gruma SAB de CV
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Molino Peila SpA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Groupe Limagrain
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cool Chile Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. The Quaker Oats Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bobs Red Mill Natural Foods
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Archer Daniels Midland Company
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
