The Latin America, Middle East and Africa Cornmeal Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
With the aid of this product, weed seeds can be properly produced in horticultural gardens without endangering nearby plants, trees, or bushes. The familiarity of cornmeal and its uses among consumers is pushing the farmers to opt for methods to grow better organic cornmeal as well. Along with that, the demand for goods containing cornmeal has been sparked by the large population of people who are gluten intolerant.
As a result, businesses in the cornmeal sector are leveraging the demand for gluten-free products by diversifying their product lines to include cereals, chips, grain alcohol, and breading for frying. The gluten-free component is having an impact on flours made from grains. The scope of cornmeal in the food and beverage business has grown as a result of technological advancements that have produced food products with distinctive flavor profiles and textures.
In Latin America and Africa, for the most part, cornmeal is utilized to make regionally specific. Corn is both the most common food in Africa and the grain that is eaten in the greatest amounts overall. Latin America also exhibits this pattern. Africa and Latin America, which continue to be the two regions that consume the most cornmeal, have maintained their constant consumption of traditional food items. The uneven relationship between supply and demand for cornmeal has led to significant amounts of grain also being imported from other areas.
The Brazil market dominated the LAMEA Cornmeal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17.6 million by 2028. The Argentina market is experiencing a CAGR of 7.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.4% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Form, the market is segmented into Corn Flour, Corn Grits, and Others. Based on Product Type, the market is segmented into White Cornmeal, Blue Cornmeal, and Stone Ground Cornmeal. Based on Distribution Channel, the market is segmented into B2C and B2B. Based on Application, the market is segmented into Food Industry and Animal Feed. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Cornmeal Market is Predict to reach $880.1 Million by 2028, at a CAGR of 3.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tate & Lyle PLC, Archer Daniels Midland Company, Bunge Limited, Associated British Foods PLC, Gruma, S.A.B. de C.V., Bob’s Red Mill Natural Foods, Inc., LifeLine Foods, LLC, Dover Corn Products Ltd., SEMO Milling, LLC, and C.H. Guenther & Son LLC.
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