Title: Corn Flour Market Overview, Analysis, Industry trends & Statistics, 2017-2024
1Corn Flour Market Analysis, Application trends,
Forecast to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2 Regional Analysis of Corn Flour Market
- North America, dominated the corn flour market
and is likely to witness the same in the
forecasted years. Use of product item in
manufacturing tortilla chips and other bakery
snack products is one of the major key driver for
increasing demand in the region. Also, it
contains high level of corn starch which helps
substantially in preparing extruded snack
products and processed food where maize flavour
is preferred. Another major factor for growth of
product market in the region is increasing
Hispanic groups and rising demand for product
based food items across the U.S. Moreover,
increasing population and escalating numbers of
restaurants will fuel the market growth in the
region. - Europe region is the leading corn flour market
and will observe healthy growth over the
forecasted years. Germany and UK holds a major
portion in the product market for growing
consumption of pasta, soups and other
confectionery products. Development of bakery
industry in some of the countries including
France, Italy and Netherlands among other nations
will have propel the industry growth over the
forecasted period in the region.
3- Application Analysis of Corn Flour Market
- Based on its application, corn flour market is
segmented into breakfast cereals, snack food
industries, confectionery and biscuits industry,
breweries and bakery industry. Amongst, bakery
industry holds a major market share, however,
upsurge in demand for snacks in consumers will
drive the product market.
4 Competitive Market Share of Corn Flour Market
- Global corn flour market is highly diversified
and competitive in nature owing to presence of
large number of local and international
manufacturers, globally. Also, numerous producers
of corn flour have made a huge production
facilities available in several countries. Some
of the leading market players identified are
Bunge, BASF, Cargill, Gruma, Clariant, Solvay,
Grain Millers, Evonik and Glen Miller. Some other
key vendors present in the market are W.R. Grace,
Buffaloe Milling, Minsa Corp, C.H Guenther and
sons, Grupo Bimbo, Shaff Farms, SEMO Milling and
Ingredion Lifeline Foods. - In 2017, Bunge, a North American company acquired
Grupo Minsa a leading company in corn flour
market. This acquisition will broaden their
product portfolio and other premixes for
tortillas.
5 Browse Full Market Research Report On Corn Flour
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