Key Insights on $3.4 Billion Opportunity in the Precooked Corn Flour Market | Archer Daniels Midland Company, Bob's Red Mill

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Precooked Corn Flour Market by Type (White,
Yellow, Blue), by Application (Household,
Commercial), by Nature (Organic, Conventional),
by Distribution Channel (B2C, B2B) Global
Opportunity Analysis and Industry Forecast,
2021-2031.' According to the report, the global
precooked corn flour industry generated 2.3
billion in 2021, and is estimated to reach 3.4
billion by 2031, witnessing a CAGR of 4.2 from
2022 to 2031. The report offers a detailed
analysis of changing market trends, top segments,
key investment pockets, value chain, regional
landscape, and competitive scenario. Drivers and
Opportunities- The rise in prevalence of gluten
related disorders, surge in demand for the
gluten-free bakery products, rise in demand for
convenience food among the millennial population,
demand for precooked corn flour in food
processing industry for the manufacturing of
various food beverage products, rise in
disposable income of consumers, and increase in
consumer expenditure on functional food drive the
growth of the global precooked corn flour market.
However, high cost of raw material hamper the
market growth. On the other hand, rise in
penetration of packaged and processed food
products in the developed and developing nations
offer lucrative growth opportunity for the
precooked corn flour market.
Precooked Corn Flour Market
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• Frontrunners in the Industry-
• Archer Daniels Midland Company
• Bob's Red Mill
• Bungelimited
• Cargill Incorporated
• Empresas Polar Inc.
• Goldmine natural foods
• Goya Foods Inc.
• Harinera Del Valle
• LifeLine Foods LLC.
• MolinoPeila SpA
• Arcor Group

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Precooked Corn Flour Market
Covid-19 Scenario The Covid-19 pandemic had a
positive impact on the precooked corn flour
market. Many consumers began focusing on a
healthier lifestyle and started substituting
conventional ingredients with healthier
alternatives. Consequently, the demand for
gluten-free products such as precooked corn flour
started growing. The period also witnessed a
soaring demand for ready-to-eat products, as they
offer ease and convenience. Such factors have
positively contributed to the growth of the
precooked corn flour market during the
pandemic. The white precooked corn flour segment
to rule the roost during the forecast
period Based on type, the white precooked corn
flour segment was the largest market in 2021,
contributing to nearly two-thirds of the global
precooked corn flour market, and is expected to
maintain its leadership status during the
forecast period. White precooked corn flour is
the most widely produced and consumed type of
precooked corn flour. It is exponentially popular
in regions such as North America, Latin America,
Europe, and Africa. However, the blue precooked
corn flour segment is projected to witness the
largest CAGR of 5.0 from 2022 to 2031. Blue
precooked corn flour is easy to digest and has
20 more protein as compared to its counterparts.
It also contains antioxidants and has
anti-inflammatory features.
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Precooked Corn Flour Market
The commercial segment to maintain its
dominance during the forecast period Based on
application, the commercial segment held the
largest market share of more than four-fifths of
the global precooked corn flour market in 2021,
and is expected to maintain its dominance during
the forecast period. The presence of numerous
food processing companies across the globe and
the use of precooked corn flour for making a
variety of food and beverage products led to the
growth of this segment. However, the household
segment is projected to witness the largest CAGR
of 4.6 from 2022 to 2031. Precooked corn flour
is a popular ingredient used for the preparation
of a variety of cuisines and dishes across many
households in North America and Latin
America. The B2B segment to maintain its
dominance during the forecast period Based on
distribution channel, the B2B segment held the
largest market share of more than four-fifths of
the global precooked corn flour market in 2021,
and is expected to maintain its dominance during
the forecast period. This is due to the huge
demand for commercial precooked corn flour among
food service and food processing industries.
However, the B2C segment is projected to witness
the largest CAGR of 4.6 from 2022 to 2031.
Supermarkets and hypermarkets, conveniences store
chains, departmental stores and other retail
formats act as key distribution channels for
precooked corn flour. The growing penetration of
online groceries and various independent retail
stores in the developing nations also drive the
segment.
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Precooked Corn Flour Market
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