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Corn Powder Market Share

Report ID: GMI11945
Published Date: Oct 2024
Report Format: PDF

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Corn Powder Market Share

Corn Powder Market Company Share, (2023)

Companies in the corn powder industry use various strategies to stay competitive. They create new products like organic and gluten-free options for health-conscious buyers. They also focus on sustainable farming and partner with retailers to sell more products. Some firms invest in better processing technology to improve quality and self-life. Many companies try to enter new markets and use targeted marketing to reach specific customers. These approaches help corn powder businesses grow and compete effectively in the market.

Corn Powder Market Companies

Major players operating in the corn powder industry are:

BASF SE
Bonn Group
Cargill Inc.
Clariant AG
Crown Bakeries
Evonik Industries AG
Ferrero International SpA
Glen Mills Inc.
Grain Millers
Solvay

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of corn powder reached USD 25.2 billion in 2023 and is set to grow at a 7.5% CAGR from 2024 to 2032, driven by increasing demand for gluten-free products.

The yellow corn powder segment held over USD 12.4 billion in 2023 and is anticipated to expand at a CAGR of 7.2%, owing to its diverse applications in the food and beverage industry.

The food & beverages application segment was USD 13.8 billion in 2023, led by its extensive use in bakery items, snacks, soups, sauces, gravies, and traditional foods.

The U.S. market reached USD 7 billion in 2023 and is expected to grow at a 6.8% CAGR, propelled by the country's extensive corn production and increasing demand for gluten-free, plant-based, and clean-label products.