DUBLIN, March 31, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Cornmeal Market 2017-2021" report to their offering.
The global cornmeal market to grow at a CAGR of 1.95% during the period 2017-2021.
Global Cornmeal Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Established vendors are forming partnerships and strategic alliances, and such trends are expected to gain prominence in the cornmeal market. Further, the trending acceptance of dry corn flour method instead of the traditional cooked-corn method by many vendors can have a significant impact on the market.
One trend in the market is the clean labeling on packaging helps in awareness of types of corn. Labels help the consumers to identify the non-GM and organic corn products. With the growing penetration of organic products, manufacturers in the cornmeal market are optimistic about the growth of the organic corn-based foods in the US. For instance, Bob's Redhill, a natural foods manufacturer of various corn milled products, offers Organic Medium Grind Cornmeal, Organic Corn Flour, and Organic Cornmeal Pancake Mix.
Further, the report states that one challenge in market is the fluctuations in supply of corn. Regions, globally have experienced periods of fluctuations in the supply of corn because of factors such as climatic conditions, some of which have affected the operations of the vendors in the market.
- Growing popularity of Latin American cuisine
- Growth in baking industry
- Rise in demand for corn-based snack products
- Increase in popularity of craft beer
- Fluctuations in supply of corn
- Growing concerns over consumption of GM corn
- Contamination issues
- Clean labeling on packaging helps in awareness of types of corn
- Increase in strategic alliances
- Transition from traditional cooked-corn method to dry corn flour method
- Archer Daniels Midland
- Tate & Lyle
Other prominent vendors
- Associated British Foods
- Bob's Red Mill
- C.H. Guenther & Son
- General Mills
- Grupo Bimbo
- LifeLine Foods
- SEMO Milling
For more information about this report visit http://www.researchandmarkets.com/research/gxcx3h/global_cornmeal
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SOURCE Research and Markets