Global Corn Flour Market to grow at a CAGR of 1.95% during the period 2017 - 2021; Finds New Report

Report forecast the global corn flour market to grow at a CAGR of 1.95% during the period 2017-2021.

The growing demand for Latin foods and the growing population of Hispanics are the prime factors driving the demand for corn four. In addition, the growth in the baking industry and food service segments and the growing popularity of corn-based snack products are the other drivers for the market growth. Established vendors are forming partnerships and strategic alliances, and such trends are expected to gain prominence in the market. Further, the trending acceptance of dry corn flour method instead of the traditional cooked-corn method by many vendors can have a significant impact on the market.

The report covers the present scenario and the growth prospects of the global corn flour market for 2017-2021. To calculate the market size, the report analyses the market potential for each product based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenario.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• MEA

According to the report, one driver in market is growing popularity of Latin American cuisine. The changing landscape of American demographics creates new opportunities for the corn flour market. The number of consumers preferring Mexican foods in the US is growing rapidly. Corn flour is one of the major ingredients in most Mexican foods and snacks. The major restaurant chains in the US such as Yum Brands and Brinker International that control a significant proportion of the market share sell mainstream Mexican food. In addition, the increase in the number of western and fast food service restaurants in developing countries will also support the market during the forecast period. The increasing consumption of tortilla chips and other corn-based snacks will also support the market.

Further, the report states that one challenge in market is growing concerns over consumption of GM corn. In the past, allegations that GM foods are unsafe for individuals and animals and pose risks of damage to the environment and create social, legal, and ethical dilemmas, have been made, mostly in the US and the EU. Some countries, especially in the EU, Australia, and Asia have introduced a partial limitation on the import of grain produced from GM seeds. Other countries, including the US have also imposed labeling requirements on GM food products that may affect the acceptance of these products. In total, 88%-90% of the corn produced in the US now is of the GM variety. Although GM crops prevent yield losses to pests are more helpful to farmers financially, as it allows corn crops more yield potential leading to higher monetary returns.

Global Corn Flour Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global corn flour market: Bob's Red Mill Natural Foods, Bunge, Cargill, and Gruma.

Other Prominent Vendors in the market are: Associated British Foods, C.H. Guenther & Son, General Mills, Grupo Bimbo, Ingredion, LifeLine Foods, and SEMO Milling.

Market driver

• Rise in demand for corn-based snack products.
• For a full, detailed list, view our report

Market challenge

• Growing concerns over consumption of GM corn.
• For a full, detailed list, view our report

Market trend

• Transition from traditional cooked-corn method to dry corn flour method.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 37 Exhibits “Global Corn Flour Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-use, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/UUm

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