What is Corn Powder Market?
Corn powder is also called corn starch, maize starch and corn flour is derived from the corn grain. It is the food ingredient which is used to thicken the sauces or soups. It has various uses such as in adhesives, paper products, anti-sticking agent and textile manufacturing. In addition it has the medical usage such as supply glucose with glycogen storage disease. The corn powder consists of large amount of carbohydrates that is 30 percent and very less quantity of protein. This wide range of application is increasing the demand of corn powder.
The market study is being classified, by Application (Bakery and confectionery, Snack food and Others) and major geographies with country level break-up.
Cargill (United States), General Mills (United States), Archer Daniels Midland (United States), Gruma (Mexico), Bob's Red Mill Natural Foods (United States), Bunge (United States), Grupo Bimbo (Mexico), Associated British Foods (United Kingdom), C.H. Guenther & Son (United States) and Ingredion (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are LifeLine Foods (United States) and SEMO Milling (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Corn Powder market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Corn Powder market by Type, Application and Region.
On the basis of geography, the market of Corn Powder 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Wide Range of Usage Such as Confectionery, Snack and Various Cuisines
- Increasing Demand of Healthy and Nutritious Snacks
- Increasing Demand of Gluten Free Bakery Products
- Availability of Alternative Products for Thickening the Soups and Others
- Increasing Consumption of Healthy Soups and Pastas
- Growing Usage in Ready to Cook and Ready to Eat Food Products
- Presence of Major Players in the Market
Market Leaders and some development strategies
On February 2019, C.H. Guenther & Son LLC has acquired Wback GmbH which is one of the most modern large-scale bakeries for soft rolls in Europe.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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