Cornmeal Market Size was valued at USD 0.8 billion in 2022. The Cornmeal market is projected to grow from USD 0.83032 Billion in 2023 to USD 1.0379 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.79% during the forecast period (2023 - 2030). The main market factors boosting market growth are consumer desire for healthier food and a growing preference for a complete breakfast made up of ready-to-eat goods.
Cornmeal is becoming more and more common in various bakery applications. It's also used to make polenta, cornbread, and tortillas. Cornmeal with a high fibre content is in high demand in the US. Cornmeal producers are boosting their output because stone-ground cornmeal is more flavorful, grainier, and nutrient-rich than steel-milled cornmeal.
The cornmeal market growth has exhibited robust growth in recent years, driven by an increasing demand for versatile corn-based products and the growing popularity of gluten-free and non-GMO dietary choices. This expansion is further fueled by the diversification of cornmeal applications beyond traditional recipes, including its use in innovative culinary creations, snacks, and even as a component in gluten-free baking. As consumer preferences continue to evolve towards healthier and diverse food options, the cornmeal market is expected to maintain its upward trajectory, offering ample opportunities for producers and businesses to meet the demands of a changing food landscape.
The feed and food sectors use maize all throughout the world, both raw and processed. Corn meal is a substantial byproduct of corn. Corn becomes a powder through the drying process. It is a common staple cuisine consumed all across the world. Because of its high fibre content, maize meal adds healthy nutrients to diet meals. It also includes important minerals including copper, zinc, manganese, phosphorus, magnesium, copper, and iron. The main variables affecting maize meal demand are the increased consumer demand for healthier food options and changing eating patterns. Additionally, it is projected that over the projection period, the need for balanced breakfasts made up of ready-to-eat food products will fuel the corn meal market.
The market for maize meal also gains from a trend towards healthier diets that cut cholesterol and control blood sugar.
The cornmeal market overview is a dynamic and versatile segment of the food industry. Derived from ground corn, it serves as a staple in various global cuisines, from cornbread in the United States to polenta in Italy. The market has witnessed steady growth in recent years, fueled by an increasing demand for gluten-free and non-GMO products, as well as its popularity as a convenient and nutritious cooking ingredient. Cornmeal's diverse applications, including as a thickening agent and coating for fried foods, make it a versatile choice for consumers seeking both traditional and innovative culinary experiences.
Segmentation
The market for cornmeal is divided into segments based on type, category, application, and location.
White cornmeal, yellow cornmeal, and others are among the types of cornmeal that are divided into market segments. In 2022, the Yellow Cornmeal category held the lion's share of the market.
Organic and conventional cornmeal are two market segments for cornmeal that are based on category. In 2022, the Organic sector dominated the market, and it is anticipated that throughout the forecast period of 2022–2030, it will grow more quickly than any other section.
Applications have divided the market statistics for cornmeal into three categories: food and beverages, animal feed, and others. In 2022, the market was led by the food and beverage sector.
The analysis offers market information for North America, Europe, Asia-Pacific, and the rest of the world, organised by region. The market for cornmeal in North America, which had sales of USD 0.3664 billion in 2022, is anticipated to increase at a considerable CAGR over the research period. The industrialised nations in these regions have adopted healthier eating habits and higher food standards, which has positively impacted the corn industry and contributed to corn meal's rising appeal. The largest exporters of maize are China, Saudi Arabia, France, India, and the United States. Market expansion is further aided by the recently formed trading networks in these countries and their taste for premium cuisine.
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The Cornmeal markets major players such as
Cargill, Bunge Limited (US),
General Mills Inc. (US),
Dover Corn Products Ltd (Canada),
Atkinson Milling Co. (US),
Archer Daniels Midland Company (US),
Didion Inc. (US),
SEMO Milling LLC (US),
Agricor (US),
Weisenberger Mills Inc. (US),
Key Players are:
Cargill, Bunge Limited (US), General Mills Inc. (US), Dover Corn Products Ltd (Canada), Atkinson Milling Co. (US), Archer Daniels Midland Company (US), Didion Inc. (US), SEMO Milling LLC (US), Agricor (US), Weisenberger Mills Inc. (US), and others
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