Corn Flour Market Analysis

Corn Flour Market Analysis

To get key market trends

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Based on type, the corn flour market is segmented as native starch, modified starch, sweeteners, others. Native starch held a majority market value of USD 6.9 billion in 2022. The demand for organic products aligns with consumers' preferences for healthier and more environmentally friendly options. Moreover, an increasing usage will further accelerate the segmental growth.
 

Based on end-use, the corn flour market is segmented as food and beverage industry, food service and restaurants, home cooking, others. food and beverage held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace through 2032. Corn flour is used in baking applications, such as bread, muffins, and snacks, contributing to demand in the bakery sector.
 

Based on distribution channel, the corn flour market is segmented as convenience stores, online retail, supermarkets/hypermarkets, others. Convenience Stores held a dominant market share in 2022 and is anticipated to grow at 6.2% CAGR through 2032. Retail stores offer a one-stop shopping experience, making it convenient for consumers to purchase corn flour along with other groceries. Thus, the high-quality services and growing usage of corn flour at food centres are anticipated to expedite the business expansion.
 

U.S. dominated the North American region with majority corn flour market share and a revenue of USD 5.4 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. The popularity of Mexican and Latin American cuisines, where corn flour is a staple for dishes like tortillas and tamales, drives demand.