What is Milled Corn Products Market Scope?
Globally, the major commodities from which starch is derived are maize, cassava, potato, and wheat. The quantity of starch consumed in food and non-food products in a country is closely associated with the level of economic development and income of that country. Rising in the demand for multi-functionality of corn, consumption of dent corn for high fructose corn syrup used in foods & beverages, consumption of gluten meal based on animal feed in the meal industry, are the factors expected to drive the growth of global milled corn product market.
The Milled Corn Products market study is being classified by Type (Corn Grits, Corn flours, Corn Polenta, Corn Snack Meal and Corn Cones), by Application (Flaking Application, Baking, Dry Mixes, Cereals, Pasta, Brewing, Snack Chips and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Milled Corn Products market throughout the predicted period.
Agricor (United States), Archer Daniels Midland Company (United States), SunOpta, Inc. (Canada), Bunge Limited (United States), Didion Milling, Inc (United States), South Texas Milling Inc (United States), Montana Milling Inc. (United States), SEMO Milling, LLC (United States), Cargill Inc. (United States), Codrico (Netherlands) and Shawnee Milling Company (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Wilkins Rogers,Inc. (United States), Dover Corn Products Ltd. (Canada) and Kenyon Corn Meal Company (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Milled Corn Products market by Type, Application and Region.
On the basis of geography, the market of Milled Corn Products 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). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
On 26th Feb 2019, Pipeline Foods, the first U.S.-based supply chain solutions company focused exclusively on organic, non-GMO, and regenerative food and feed, announced today it is acquiring the specialty and organic corn and soy business from SunOpta, Inc.
Influencing Market Trend
- The rise in popularity of organic and healthy baked goods along with rising consumption of bread
- Increasing consumption of corn gluten meal-based feed products
Market Drivers
- The surge in the consumption rate of bakery products
- Increasing demand for high fructose corn syrup in processed food & beverage
Opportunities
- Increasing consumption of corn gluten meal-based feed products
- Growing Demand from Developing countries
Restraints
- Competition from other plant proteins existing in the market
Key Target Audience
Milled Corn Products Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
Customization available in this Study:
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