This report provides exclusive insights into the COVID-19 impact on the Cornmeal Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Cornmeal Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Cornmeal Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on cornmeal market provides in-depth analysis of segments and sub-segments in the global as well as regional cornmeal market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional cornmeal market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global cornmeal market. According to the report, the global cornmeal market is projected to grow at a CAGR of 2.5% over the forecast period of 2019-2025.
Corn is referred to as maize also, cornmeal is a meal derived from dried corn. It is mostly used as a staple food in various parts of regions and countries. Cornmeal is grounded into different consistencies such as medium, coarse, and fine form. Cornmeal cannot be compared with wheat flour that is so fine in texture. It is generally added to various recipes, including pancakes and cornbread, and it can be cooked for making grits and Polenta. A very finely grounded maize of cornmeal is called as a corn flour. It is a very good alternative option for wheat flour for those people who have celiac disease or gluten sensitivity. Cornmeal also provides food nutrients such as Iron, niacin, and zinc potassium, magnesium, and phosphorus and it offers a large number of fibers in the diet too.
The global cornmeal market is primarily driven by rising awareness about cornmeal nutritional content. Moreover, increasing the prevalence of gluten intolerance is expected to fuel market growth in the near future. However, the traditional habit of taking staple food in the diet in the various region is expected to hinder the demand for global cornmeal market. Nonetheless, the mineral present in the cornmeal such as Iron, niacin, and zinc potassium, magnesium, and phosphorus are responsible for most important functions in the human body, such as upkeep and the maintenance of the blood, the nervous system, and bones is anticipated to create a new opportunity for global cornmeal market.
On the basis of region, the global cornmeal market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific held the largest revenue share for the global cornmeal market in 2018 owing to the rising food and beverage industry and the rising support for the production of agricultural products including cornmeal on an industrial scale in the region. The increasing use of cornmeal and maize for feeding to the animal as an animal feed is also expected to the driver the cornmeal market in the region in the near future. India and China are anticipated to be the leading on the country-level markets in the Asia Pacific for the cornmeal market within the projected years.
The report on global cornmeal market covers segments such as type, and end user. On the basis of type, the sub-markets include stone-ground cornmeal, blue cornmeal, white cornmeal, and steel ground yellow cornmeal. On the basis of end user, the sub-markets include household, commercial (food processing), and food service sector.
The report provides profiles of the companies in the market such as Archer Daniels Midland, Arrowhead Mills, General Mills, Tate & Lyle, Gruma, Bunge, Bob’s Red Mill, Quaker Oats, Cargill, and Surya foods.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cornmeal market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.