The Europe Cornmeal Market would witness market growth of 3.2% CAGR during the forecast period (2022-2028).
Cornstarch is another frequently used corn product. The endosperm of the corn kernel is used to create the white powder known as cornstarch. The most popular applications for cornstarch as a thickening ingredient are in sauces, puddings, and ice cream. Although corn flour and cornstarch are quite similar, corn flour is crushed more finely. To thicken gravy and other sauces, they can be combined interchangeably in cooking.
A product very similar to corn flour is Masa harina. It is produced from corn that has been soaked in a chemical limewater solution. Porridge, waffles, sweets, puddings, different types of breads, rolls, and other dairy and confectionery products are all made with cornmeal nowadays. In addition, it has uses in other industries, such as animal feed. The rising demand for tortilla chips, corn chips, corn flakes, and other snacks, along with advancements in science and technology, is providing a chance to boost cornmeal demand.
Corn in Europe has become a widely used staple crop. It also is one of the major crops grown in the continent after wheat and potato. The rising demand for polenta, a traditional Italian dish, and its Romanian variants are increasing the demand for cornmeal. The use of corn as animal feed is also proving beneficial for the industry. The demand for organic corn-fed meat is another factor guiding cornmeal sales in this region.
The Germany market dominated the Europe Cornmeal Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $54.1 million by 2028. The UK market is anticipated to grow a CAGR of 2.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 3.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Cornmeal Market will Hit $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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