Precooked Corn Flour Market is expected to reach US$ 3,953.67 million by 2028

Rising Preference for Convenience Food Products to Escalate Precooked Corn Flour Market Growth During 2021–2028

According to our latest market study on “Precooked Corn Flour Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Yellow Corn Flour, White Corn Flour, and Others) and Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals and Foods, Extruded Snacks, and Others),” the market was valued at US$ 2,918.78 million in 2021 and is projected to reach US$ 3,953.67 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028. The report highlights key factors driving the precooked corn flour market and prominent players along with their developments.

Corn is a staple food and one of the highly consumed grains across the world. Precooked corn flour is a functional ingredient as it has nutritional properties and diverse applications across bakery products, snacks and cereals, pasta, noodles, soups, sauces, and others. Precooked corn flour is also gluten-free, which attracts health-conscious consumers.

An increase in the working population has led to a busier lifestyle, which increases the demand for convenience food products. Consumers increasingly perceive snacks as a healthier option that provides a small energy boost during a hectic workday. Additionally, increasing purchasing power of consumers, rising awareness about healthy foods, and changing food habits and meal patterns further bolster the demand for convenience food. Thus, increased demand for healthy snacks has led to increased utilization of precooked corn flour, thereby driving its market’s growth.

Archer Daniels Midland Company, Cargill Incorporated, Limagrain (Limagrain Ingredients), Agricor, Buhler, Favero Antonio SRL, Molino Peila SpA, SEMO Milling LLC, Bunge Limited, and Gruma S.A.B. de C.V are among the well-established players constituting the precooked corn flour market share.

Impact of COVID-19 Pandemic on Precooked Corn Flour Market

The COVID-19 pandemic had a negative impact on the food & beverages industry due to the shutdown of manufacturing units, difficulty in the procurement of raw materials, and restrictions on logistic operations. However, the demand for precooked corn flour increased during the pandemic due to the trend of healthy snacking. Along with this, increased demand for packed food products during COVID-19 outbreak had a positive impact on the precooked corn flour market.

Precooked Corn Flour Market Size, by Region, 2021 - 2028

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Precooked Corn Flour Market to 2028 | The Insight Partners

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Precooked Corn Flour Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Yellow Corn Flour, White Corn Flour, and Others) and Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals and Foods, Extruded Snacks, and Others)

The “Global Precooked Corn Flour Market Analysis to 2028” is a specialized and in-depth study of the food & beverages industry with focus on the global precooked corn flour market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The precooked corn flour market is segmented on the basis of product type, application, and geography. Based on product type, the market is categorized into yellow corn flour, white corn flour, and others. Based on application, the precooked corn flour market is segmented into bakery and confectionery, soups, sauces and dressings, RTE meals and foods, extruded snacks, and others. Geographically, the precooked corn flour market is segmented into five main regions—North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

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