North America Cornmeal Market Size, Share & Industry Trends Analysis Report By Nature, By Form (Corn Flour, Corn Grits), By Product Type, By Distribution Channel, By Application (Food Industry and Animal Feed), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Cornmeal Market would witness market growth of 3.0% CAGR during the forecast period (2022-2028).
Degerminated cornmeal is commonly available on grocery shelves. This cornmeal is typically hulled as well to produce a finer texture. Depending on the type of corn used, cornmeal could be either white or yellow. The two can be used interchangeably because their flavor differences are minimal. There is also blue cornmeal, however, it is more of a specialized item.
It typically belongs to an heirloom cultivar with native roots in South America. It has a sedative flavor that is sweet and sharp. White corn gives grits, which are coarsely ground white cornmeal, a more delicate flavor. Another famous use of cornmeal is in the form of polenta. It is a dish that was invented by farmers in Northern Italy. It is a common item on menus in both Italian and contemporary American restaurants. Additionally, polenta is listed as an ingredient and is frequently used in recipes in place of cornmeal.
The United States is a major corn producing country in the North America region. Mexico also has a part in cornmeal and corn-based products history. Therefore, most of the healthy diets here, are based around cornmeal. Most of this region’s land is invested in producing corn. Cornmeal use is widespread and versatile as it can be found in bread, confectionaries, and tortillas, among many others. In Mexico, cornmeal-based tortillas are the primary food for obtaining calories, protein, and calcium, accounting for 70% of total calories and 90% of total protein consumption.
The US market dominated the North America Cornmeal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $179.2 million by 2028. The Canada market is poised to grow at a CAGR of 5.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 4.4% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cornmeal Market is Estimated 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.
Scope of the Study
Market Segments Covered in the Report:
- Corn Flour
- Corn Grits
By Product Type
- White Cornmeal
- Blue Cornmeal
- Stone Ground Cornmeal
By Distribution Channel
- Food Industry
- Animal Feed
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- C.H. Guenther & Son LLC
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