Cornmeal Market Overview:
According to the MRFR reports, Cornmeal market size is expected to reach USD 1.0379 billion by 2030, growing at a CAGR of 3.79% between 2023 and 2030.
Cornmeal is derived from the grinding of corn kernels into a coarse powder. It is considered a rich source of vital minerals such as zinc, magnesium, copper, iron, manganese, and phosphorus that help in enhancing several body functions. It is used in making breakfast cereals, corn-based snacks, and bakery products in the food & beverage industry aside from its application in animal feed and other industries. The global Cornmeal Market Research has recorded significant growth in recent times. The market's growth is primarily owed to gluten-free cornmeal. Furthermore, the rising adoption of gluten-free diets, health benefits of cornmeal, and growing occurrence of celiac disease are also projected to boost the growth of the cornmeal market over the assessment era.
The global cornmeal market has been fragmented into numerous segments based on application, category, type, and region.
Based on type, the global cornmeal market is split into yellow cornmeal, white cornmeal, and others.
Based on category, the cornmeal market is divided into conventional and organic.
The global cornmeal market is divided into animal feed, food & beverage, and others based on application.
The global cornmeal market is studied across several major regions such as Asia-Pacific, Europe, North America, and the rest of the world.
As per the research reports by MRFR, the North American region is projected to secure the top position in the global cornmeal market over the assessment era. The region has further been divided into Mexico, Canada, and the US. The regional market's growth is attributed to the growing adoption of gluten-free diets. Furthermore, the growing prevalence of celiac disease and gluten intolerance across the US is another crucial aspect boosting the regional market's growth.
The European region is anticipated to project substantial growth in the cornmeal market over the forecasted era. The region is further split into Spain, Italy, France, Germany, the UK, and the rest of Europe. The growing demand for bakery applications is driving the regional market's growth. The regional market has major growth contributors such as the UK and Germany.
The cornmeal market for the Asia-Pacific region is anticipated to exhibit a robust CAGR of over 3.79% during the projected era. The regional market is further classified into Australia, Japan, India, China, New Zealand, and the rest of Asia-Pacific. The regional market's growth is attributed to the application of cornmeal in animal feed and the usage of cornmeal in the preparation of different dishes.
The global Cornmeal Market Report is recognized for the wide number of players spread worldwide. The market has gained massive traction across several regions across the globe in the past few years. The players in the global market focus on the development of their global market reach and thus implement numerous growth strategies. The global cornmeal market has prominent leaders such as Atkinson Milling Co. (US), Weisenberger Mills Inc. (US), Agricor (US), SEMO Milling, LLC (US), Bunge Limited (US), Incorporated (US), Archer Daniels Midland Company (US), Dover Corn Products Ltd (Canada), General Mills, Inc. (the US), Didion, Inc. (the US), and Cargill among several others.
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