Degermed Cornmeal Market Scope
The degermed cornmeal is the cornmeal prepared by grinding corn to remove bran and germ. The germ is located at the center of the corn that has very high levels of oil. This germ is removed to improve the shelf life of the cornmeal product and it prevents the product from becoming rancid. This removed germ is then used for the production of corn oil. The degermed cornmeal contains healthy nutrients such as proteins, carbohydrates and fiber. It provides 19% of the total daily calorie needs and contains no cholesterol.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Cargill, Inc. (United States), General Mills (United States), Archer Daniels Midland (United States), Gruma (Mexico), Bob's Red Mill Natural Foods (United States), Bunge Ltd. (United States), Grupo Bimbo (Mexico), Associated British Foods (United Kingdom), C.H. Guenther & Son LLC (United States) and LifeLine Foods, LLC (United States) |
CAGR | 20.3% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Degermed Cornmeal market throughout the predicted period.
Cargill, Inc. (United States), General Mills (United States), Archer Daniels Midland (United States), Gruma (Mexico), Bob's Red Mill Natural Foods (United States), Bunge Ltd. (United States), Grupo Bimbo (Mexico), Associated British Foods (United Kingdom), C.H. Guenther & Son LLC (United States) and LifeLine Foods, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are SEMO Milling, LLC (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Degermed Cornmeal market by Type , by Application (Food Processing Industry, Food Service Providers, Household/ Retail and Others) and Region with country level break-up.
On the basis of geography, the market of Degermed Cornmeal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In February 2019, Archer Daniels Midland Company has announced that it has successfully completed its acquisition of Neovia, creating a global leader in value-added products and solutions for both production and companion animals
In June , 2023 Renewal Mill, an early leader in the upcycled food movement, has just launched its third Upcycled Certified ingredient, Upcycled White Corn Flour, a byproduct of the cornmeal milling process. This ingredient joins the company’s existing portfolio of gluten-free, nutrient-dense, upcycled flours which currently includes Organic Okara Flour, made from the byproduct of soymilk production, and Oat Protein, made from the byproduct of oat milk production.
Influencing Trend:
Growing Demand for Organic Products and Rising Number of Vegan Diet Population
Market Growth Drivers:
High Demand for Degernmed Conermeal Due to Several Nutritional Benefits and Low in Saturated Fats, Cholesterol and Sodium
Challenges:
Changing Consumer Preferences and Changing Environmental Conditions May Affect the Corn Production
Restraints:
Availability of Substitutes for Cornmeal in the Market and Fluctuations in the Raw Material Prices
Opportunities:
Rising Demand for Various Applications and Growth in the Packaged Food Industry
Key Target Audience
Degermed Cornmeal Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user