Precooked Corn Flour Market to reach US$3,615.2 million & expected to grow at a CAGR of 4.4% from 2021 to 2027

Research Reports

Mar 12, 2021

The precooked corn flour market was valued at US$ 2,461.2 million in 2018 and is expected to grow at a CAGR of 4.4% from 2019 to 2027 to reach US$3,615.2 million by 2027.

Precooked corn flour is a naturally gluten-free flour used to make tortillas, tamales, and other Mexican dishes. Field corn or maize is dried and then treated in a solution of lime and water, also called slaked lime, to prepare precooked corn flour. Soaking the corn in lime infuses it with niacin and calcium, which makes it easier for the body to digest and provide a distinctive flavor to the flour. This flour is rich in calcium and vitamin B. As precooked corn flour is gluten-free, the food products produced from the flour is mainly consumed by the people suffering from celiac disease. Growing demand for gluten-free food products coupled with rising preference for convenience food products are the key factors boosting the growth of the global precooked corn flour market. Moreover, the introduction of organic and non-GMO precooked corn flour in the market provides a growth opportunity for the key players operating in the global precooked corn flour market.

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Key Players:

Archer Daniels Midland Company
Cargill, Incorporated
Limagrain
Bunge Limited
Goya Foods, Inc.
Bob’s Red Mill Natural Foods
Harinera del Valle SA
Gruma, S.A.B. de C.V.
The Quaker Oats Company
C.H. Guenther & Son Inc.

Growing Demand for Gluten-Free Food Products is Leadingto Rising Demand for Precooked Corn Flour:

The demand for gluten-free food products has grown considerably over the past few years due to the rising prevalence of celiac disease in developed and developing regions such as North American, Europe, Asia Pacific, and South America. Celiac disease is an autoimmune disorder that damages the small intestine lining and restrains the absorption of nutrients from consumed food items. This damage is mainly caused due to the reaction of consuming foods with high gluten content such as wheat, rye, barley, and oats. Gluten consumption creates various health issues in some people. Moreover, excess consumption of these products can lead to serious health issues like sensitivity, wheat allergy, and celiac disease. According to the World Gastroenterology Organization (WGO), celiac disease is affecting people from all age groups, including adults and the elderly. Moreover, precooked corn flour prepared from pure ground corn does not contain any gluten. Instead of gluten, precooked corn flour contains hemicellulose, which is a glue like component found in corn. Therefore, the food products made from precooked corn flour is suitable for consumption for people suffering from gluten intolerance or celiac disease.

Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Precooked Corn Flour Market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Precooked Corn Flour Market is also been analyzed in terms of value chain analysis and regulatory analysis.

The competitive landscape of the market has been examined on the basis of market share analysis of key players. Detailed market data about these factors is estimated to help vendors take strategic decisions that can strengthen their positions in the market and lead to more effective and larger stake in the global Precooked Corn Flour Market. Pricing and cost teardown analysis for products and service offerings of key players has also been undertaken for the study.

The Table of Content for Precooked Corn Flour Market research study includes:

Introduction
Key Takeaways
Research Methodology
Precooked Corn Flour Market Landscape
Precooked Corn Flour Market – Key Market Dynamics
Precooked Corn Flour Market – Global Market Analysis
Precooked Corn Flour Market – Revenue And Forecasts to 2027 – Type
Precooked Corn Flour Market – Revenue And Forecasts to 2027 – Type of Product
Precooked Corn Flour Market – Revenue And Forecasts to 2027 – Service
Precooked Corn Flour Market Revenue And Forecasts to 2027 – Geographical Analysis
Impact of Covid-19 Pandemic on Global Precooked Corn Flour Market
Industry Landscape
Precooked Corn Flour Market, Key Company Profiles
Appendix
List of Tables
List of Figures

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