Precooked Corn Flour Spurs Market Expansion : Growing Demand
Report predicts substantial growth driven by consumer preference for gluten-free and organic options.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, April 30, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled โPrecooked Corn Flour Market," The precooked corn flour market was valued at $2.3 billion in 2021 and is estimated to reach $3.4 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.
โถ ๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/A16893
TABLE OF CONTENT
Chapter 1 : INTRODUCTION
Chapter 2 : EXECUTIVE SUMMARY
Chapter 3 : MARKET OVERVIEW
Chapter 4 : PRECOOKED CORN FLOUR MARKET, BY TYPE
Chapter 5 : PRECOOKED CORN FLOUR MARKET, BY APPLICATION
Chapter 6 : PRECOOKED CORN FLOUR MARKET, BY NATURE
Chapter 7 : PRECOOKED CORN FLOUR MARKET, BY DISTRIBUTION CHANNEL
Chapter 8 : PRECOOKED CORN FLOUR MARKET, BY REGION
Chapter 9 : COMPETITION LANDSCAPE
Chapter 10 : COMPANY PROFILES
LIST Tables
LIST OF FIGURES
The global precooked corn flour industry is witnessing a significant spike in demand among the household and commercial sector like cloud kitchens, food processing, and food service units owing to the rising popularity of gluten-free bakery and confectionery food products among consumers. The precooked corn flour finds its application in the preparation of wide variety of dishes and products, such as cakes, pasta, noodles, soups, sauces, infant formula, extruded food, breakfast cereals, and various ready-to-eat food products. The growing penetration of grocery stores, department stores, hypermarkets, and convenience stores is significantly boosting the on-the-go consumption of various convenience and packaged food and beverage items across the globe. The rising consumer expenditure on functional food and rising awareness regarding gluten-related diseases are significantly driving the adoption of gluten-free precooked corn flour in food manufacturing industry. The rising number of HoReCa units across developed and developing nations is further fueling precooked corn flour market demand.
Moreover, the growing popularity of eating out is driving the demand for precooked corn flour in restaurants and hotels. According to United States Department of Agriculture, spending on food away from homes (restaurant, full-service restaurants, and fast food) accounts for around $978.2 billion, or 51.9% of total food expenditures. Furthermore, the growing number of hotels in developing economies is expected to further boost the precooked corn flour market in the forthcoming future. According to Asian Development Bank 2021, the five largest hotel chains in the Asia-Pacific regionโAccor, Marriott International, IHG Hotels & Resorts, Hilton, and Hyattโare ready to open over 700 hotels in the region together.
โถ ๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง : https://www.alliedmarketresearch.com/request-for-customization/A16893
The rising demand for organic food products across developed and developing nations is expected to foster the demand for organic precooked corn flour among consumers. The volume of agricultural lands dedicated to organic farming is expected to rise significantly owing to the growing demand for organic food among global consumers. According to the report The World of Organic Agriculture Statistics and Emerging Trends 2021, around 1.5% or 72.3 million hectares, of the total agricultural land was dedicated to organic farming in 2019 globally. The rising health consciousness among consumers and rising awareness regarding the negative health impacts of traditional and chemical-based crops and manufactured food have resulted in a significant spike in the demand for organic food. According to the Organic Trade Organization (OTA), in 2020, U.S. witnessed an all-time high sales of organic food and non-food products.
The major players operating in the global precooked corn flour industry includes Archer Daniels Midland Company, Bob's Red Mill, Bunge limited, Cargill, Incorporated, Empresas Polar Inc., Goldmine natural foods, Goya Foods, Inc., Harinera Del Valle, LifeLine Foods LLC., Molino Peila SpA, Arcor Group, Cool Chile Co., Garnec, LLC., Gruma, and The Quaker Oats Company. These market players are constantly engaged in various developmental strategies, such as acquisitions, mergers, and product launches, to exploit precooked corn flour market opportunities and gain market share.
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
โ ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ (๐.๐., ๐๐๐ง๐๐๐, ๐๐๐ฑ๐ข๐๐จ)
โ ๐๐ฎ๐ซ๐จ๐ฉ๐ (๐๐, ๐๐๐ฌ๐ญ ๐๐ ๐๐ฎ๐ซ๐จ๐ฉ๐, ๐๐๐ซ๐ฆ๐๐ง๐ฒ, ๐
๐ซ๐๐ง๐๐, ๐๐ญ๐๐ฅ๐ฒ, ๐๐ฉ๐๐ข๐ง)
โ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ (๐๐ก๐ข๐ง๐, ๐๐๐ฉ๐๐ง, ๐๐ง๐๐ข๐, ๐๐ฎ๐ฌ๐ญ๐ซ๐๐ฅ๐ข๐, ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐, ๐๐๐ฌ๐ญ ๐๐ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐)
โ ๐๐๐๐๐ (๐๐ซ๐๐ณ๐ข๐ฅ, ๐๐๐ฎ๐๐ข ๐๐ซ๐๐๐ข๐, ๐๐จ๐ฎ๐ญ๐ก ๐๐๐ซ๐ข๐๐, ๐๐๐ฌ๐ญ ๐๐ ๐๐๐ฆ๐)
โถ ๐๐๐ ๐๐๐ : https://www.alliedmarketresearch.com/precooked-corn-flour-market/purchase-options
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
โข ๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฉ๐ซ๐๐๐จ๐จ๐ค๐๐ ๐๐จ๐ซ๐ง ๐๐ฅ๐จ๐ฎ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.
โข ๐๐ฒ ๐ญ๐ฒ๐ฉ๐, ๐ญ๐ก๐ ๐๐ฅ๐ฎ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ฐ๐ข๐ญ๐ง๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐๐ฌ๐ญ๐๐ฌ๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.
โข ๐๐ง ๐๐๐๐, ๐๐๐ฉ๐๐ง๐๐ข๐ง๐ ๐จ๐ง ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐จ๐ฎ๐ง๐ญ๐ข๐ง๐ ๐๐จ๐ซ ๐๐.๐% ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐.
โข ๐๐ฒ ๐ง๐๐ญ๐ฎ๐ซ๐, ๐ญ๐ก๐ ๐จ๐ซ๐ ๐๐ง๐ข๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ฐ๐ข๐ญ๐ง๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐๐ฌ๐ญ๐๐ฌ๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.
โข ๐๐ง ๐๐๐๐, ๐ญ๐ก๐ ๐.๐. ๐ฐ๐๐ฌ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ฉ๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
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Allied Market Research
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