Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the precooked corn flour market provides an in-depth analysis
of segments and sub-segments in the global as well as regional precooked corn
flour market. The study also highlights the impact of drivers, restraints, and
macro indicators on the global and regional precooked corn flour market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global precooked corn flour market.
According to the report, the global precooked corn flour market is projected to
grow at a CAGR of 4.2% over the forecast period of 2019-2025.
Precooked corn flour is made up of
pure corn and used in the manufacturing of household dishes such as fast food
products, meat products, and soup. Corn and its products are considered as
healthy to consume. It does not contain gluten protein as it is found in other
flour that is one of the major causes of celiac disease that leads to
difficulty in digesting food. It does not contain any preservatives, artificial
colors or flavoring as well as the production process is chemical-free. Some
pre-cooked corn flour such as masarepa is used to prepare arepas which is a
type of corn cake and it is famous in Colombia and Venezuela. Nowadays,
masarepa is processed at the industrial level and most grocery stores keep this pre-cooked corn flour which is helpful to prepare arepas easily.
In North America, 3 million people
are affected by celiac disease. Among them, 97 % of people are not
under-diagnosis. Thereby, increasing prevalence of the autoimmune digestive
diseases due to the intake of gluten has boosted the demand for the gluten-free
products that are present in the precooked corn flour. Therefore, these factors
enhance the growth of the market. On the other hand, organic pre-cooked food
with high nutrition has been launched by many manufacturers. Its uses for
preparing snacks, soups, bakery products, sauces, pizza, pasta, and other
products raise the demand in the precooked corn flour market. Besides, the
manufacturer is also using xanthan and carboxy methyl cellulose gums in corn
starch to produce low-phenylalanine bread for phenylketonuria patients.
Eventually, the increasing number of phenylketonuria patients drives this
market. When pre-cooked corn flour gets integrated with the various other food
products, it becomes more nutritive and increases the values of the food
product. Hence, this integration of the various food has increased the need for
the precooked corn flour product. In addition, the food processing of the
precooked corn flour takes lesser time, which propels the growth of this
market. People are becoming more conscious about health and prefer organic food
products mostly. Thereby, changing the lifestyle of people impels the growth of
the precooked corn flour market. However, the lack of awareness and trust among
the consumer about the precooked corn flour product yet remain one of the major
restraints to this market. Moreover, the availability of the precooked food for
the infant food formulations to provide nutrition and texture offers favorable
opportunities in the precooked corn flour market.
Latin America holds the highest
market share in this market due to the increasing use of precooked food in
traditional food products. Besides, Latin America is the largest consumer of
the precooked corn flour and major players in the global precooked corn flour
market are expanding their distribution channels in Latin America. Therefore,
these factors boost the growth of the market. On the other hand, Asia Pacific
is expected to grow at the highest CAGR in the forecast period due to the
presence of the food culture. The consumption of wheat-based food products is
high in this region. The demand for infant food formulations has increased
as it provides nutrition and texture as compared to the other products. Hence,
infant formulation is expected to grow at the highest CAGR in the forecast
period.
The report on the global precooked
corn flour market covers segments such as application, source, and end user. On
the basis of application, the sub-markets include bakery products, noodles and
pasta, sauces, extruded products, and breakfast cereals. On the basis of
source, the sub-markets include maize, wheat, rice, and other sources. On the
basis of end user, the sub-markets include online retail, and store base
retail.
The report provides profiles of
the companies in the market such as Goya Foods, Inc, CerealVeneta, Kenton Food
Inc., Herba Ingredients BV, Doorstep Organics, Anto Natural Foods, WIRACCOCHA
DEL PERU SAC, and Empresas Polar.
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 precooked corn flour 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.
Please Choose One of them.