The global demand for Maize Flour Market is presumed to reach the market size of nearly USD 100.24 MN by 2028 from USD 34.81 MN in 2021 with a CAGR of 5.81% under the study period 2022 - 2028.
Maize flour is made by grinding dried corn, and it is often used in baking to add sweetness, flavour, texture, or colour to baked goods. It comes in white and yellow colors and is used to prepare bread and blend with other flour in bakery products. Maize flour is available in various sizes and shapes for both household and commercial use. This flour is also used in the food industry, such as snacks, ready-to-eat food, bakery products, soups, and so on.
Market Dynamics
The multiple uses of maize flour for both consumption and application are expected to boost the global maize flour market's sales growth during the forecast period. The demand growth can be attributed to the rising consumption rate and growing demand for food products containing maize flour as an ingredient. Also, demand for maize-based nutritious snacks, including tortilla chips, nachos and taco shells, will boost the product market. The health benefits of maize flour is also expected to fuel its growth over the coming years. Furthermore, rising demand for pasta and soups has increased the use of maize flour, accelerating the worldwide maize flour market. In addition, with categories like ready-to-cook, and ready-to-eat propelling briskly, maize flour sales will remain afloat.
The research 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 an inclusive assessment of each segment in the global market of maize flour. The growth and trends of maize flour industry provide a holistic approach to this study.
Market Segmentation
This section of the maize flour market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Yellow Maize Flour
- White Maize Flour
By End-User
By Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retail
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Maize Flour market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Maize Flour 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 maize flour market include Andersons Food, Archer Daniels Midland, bob's Red Mill, Bunge, Cargill, Empresas Polar, Grain Millers Inc., Gruma, Groupe limagrain, North Dakota Mill. This section consists of 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.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
