Cornmeal is a versatile ingredient that can enhance the texture and flavor of many foods. It has been gaining demand in fast food applications. It serves as a key ingredient in food like fried fish, chicken, bread, pancake, pizzas, and sandwiches, among others.
BY TYPE, WHITE CORNMEAL DOMINATED WITH OVER 50% SHARE IN 2020.
White cornmeal is more common in parts of Africa and Southern United States for making cornbread. Most commercial cornmeal is made from white dent corn. White corn meal is widely used as a filler, thickener and binder in cookie, pastry and meat industries. White cornmeal is the traditional ingredient in cornbread; it is also used for texture and sweetness in cookies and other breads.
BY END-USE, FOOD PROCESSING INDUSTRY DOMINATED WITH OVER 40% SHARE IN 2020.
Cornmeal coating is increasingly used by food processor to produce an emulsified products. Chefs in restaurants are using cornmeal for innovative food coating systems and to add value to products. Cornmeal provides the additional sensory dimension to meat cuisines through flavor, color, and texture.
PROMINENT PLAYERS IN THE MARKET:
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
Global cornmeal market was valued at around USD 760 million in 2020 and likely to grow at a CAGR of 5.21% during the forecast period.
Cornmeal is flour made by grinding dried corn kernels into a steel roller in three mesh sizes: fine, granular, and coarse. It is a staple in Southern cooking and an adequate magnesium, selenium, and thiamin source. Cornmeal is hugely versatile and is used in a wide range of recipes. It has long been used for baked goods and giving fried foods crunch and texture. It is also often used to dust baking surfaces for pizza to prevent the dough from sticking and used as a thickener for soups and chilis. It can incorporate into recipes for bread, muffins, waffles, pancakes, battered and fried foods, blinis, and more.
The growing popularity of cornmeal-based snacks and food like muffins, baked goods, waffles, pancakes, battered, crunchy & fried foods, blinis, and chips is estimated to drive the demand for cornmeal. The growth is also supported by changing food habits, western food culture, and the growing snacks industry. Cornmeal is widely used in food recipes due to its delicious taste and nutrition content. Increasing consumption of fried chicken, pizzas, and other fast food is further anticipated to spur demand for cornmeal. However, fluctuations in the supply of corn are projected to restrain the market during the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of cornmeal.
The entire Cornmeal market has been sub-categorized into product, end use, class, distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
- Blue Cornmeal
- Stone- Ground Cornmeal
- Steel Ground Yellow Cornmeal
- White Cornmeal
By Distribution Channel
- Food Processing
- Feed Industry
- Business to Business
- Business to Consumer
- Grocery Retails
- Conventional Stores
- Online Retail
This section covers regional segmentation which accentuates on current and future demand for cornmeal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Cornmeal Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cornmeal market include 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. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.