Degermed Cornmeal Market - Forecast(2024 - 2030)

Degermed Cornmeal Market Overview

Degermed Cornmeal Market size is estimated to reach $2,599 million by 2027. Furthermore, it is poised to grow at a CAGR of 3.5% over the forecast period of 2022-2027. Cornmeal that has been degermed is a cereal grain. Degermed cornmeal is a cereal grain that is one of the most extensively consumed staple meals in the world. Cornmeal that has been partially ground and dried is known as degermed cornmeal which contains folic acid. It can be consumed whole or processed into items like cornflakes, grits, polenta, and tortillas. Degermed corn meals are used to make baked items such as bread, pizza crusts, pie crusts, and tortillas, among other things. Pancakes, waffles, and other breakfast foods can also be made using it. A grinding procedure removes contaminants, mold, weed seeds, and other grains from degermed cornmeal. The grain is comminuted to a desired fineness before the bran and germ are separated in this procedure. Cornmeal is derived from corn kernels and has minerals and vitamins like thiamine, vitamin B6, folate, selenium, manganese, phosphorus, iron, and magnesium. Degermed cornmeal contains 2.25% of fat as baking powder, baking soda, and salt is contained on it. The majority of cornmeal has been degermed, with germ oil being used to make vegetable oil. Various functional foods are prepared with the help of degermed cornmeal in order to offer many benefits to health.

Increasing health consciousness among consumers and the growing food and beverage industry are some of the factors driving the Degermed Cornmeal Industry forward in the projected period of 2022-2027.

Degermed Cornmeal Market Report Coverage

The report: “Degermed Cornmeal Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Degermed Cornmeal Market.

By Type- Sweet Degermed Cornmeal, Waxy Degermed Cornmeal, and Others.
By Application- Industrial, Retail, Food Services, and Others.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

Degermed Cornmeal Market- Geography (%) for 2021.

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Degermed Cornmeal Market Segmentation Analysis- By Type

The Degermed Cornmeal global market based on the type can be further segmented into Sweet Degermed Cornmeal, Waxy Degermed Cornmeal, and Others. Sweet Degermed held a dominant market share in the year 2021. Degermed cornmeal in the form of sweet degermed cornmeal is a sort of degermed cornmeal. It's prepared from germ-free white or yellow maize, and it's usually processed into a finer flour than other forms of cornmeal. Cornmeal of this sort is used in baked foods, puddings, and as a chicken or fish coating. Bread, cookies, and other pastries can be made with sweet degermed cornmeal crushed into flour. Thiamin, niacin, vitamin B-12, and other vital elements are found in it. It also has a little higher glycemic index than whole-grain cornmeal, making it more digestible. According to the American Bakers Association, about $423 billion of baked goods are produced and sold in the U.S. in 2020 which further gives rise to the demand for degermed cornmeal products.

However, Waxy Degermed Cornmeal is estimated to be the fastest-growing, with a CAGR of 4.1% over the forecast period of 2022-2027. Waxy Degermed Cornmeal is degermed cornmeal that has been ground from waxy corn endosperm. It's found in a variety of foods, including cereals, snacks, baked goods, and other foods. Waxy Degermed Cornmeal has a reduced specific volume owing to its increased amylopectin concentration, making it suited for usage in high-density food products. It's also slightly more expensive than other kinds of degermed cornmeal.

Degermed Cornmeal Market Segmentation Analysis- By Application

The Degermed Cornmeal Global market based on the application can be further segmented into Industrial, Retail, Food Services, and Others. Industrialization held a dominant market share in the year 2021. Cornmeal that has been degermed is utilized in a variety of industrial applications. It is used in the manufacturing of adhesives, asphalt, paints, sealants, and varnishes. Degermed cornmeal is also utilized as a binder in the production of bricks, roofing tiles, and other ceramic goods. Plastics, rubber, and paper all use it as a filler. It's also utilized in the production of pastes that are used in a variety of applications, such as wall-pasting and gluing pieces together.

However, Retail is estimated to be the fastest-growing, with a CAGR of 4.7% over the forecast period of 2022-2027. One of the largest consumers of degermed cornmeal is the retail industry. It's found in a wide range of foods, including bakery goods, confectioneries, snacks, and more. The usage of degermed cornmeal in the retail sector has risen in response to the growing demand for healthier foods. It aids in the improvement of food texture and flavor. Nowadays, people are using healthy products such as degermed cornmeal which is used as a thickening, binder, and extender in processed meals. It is mostly available in the retail sector, therefore its adoption in the retail industry is growing.

Degermed Cornmeal Market Segmentation Analysis- By Geography

The degermed cornmeal global market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. In 2021, North America held a dominant market share of 37% as compared to its other counterparts. The acceptance of degermed cornmeal-based goods has increased as a result of people's growing preference for healthier foods. As a result of the gluten-free and whole-grain trends, cornmeal-based products have been investigated. When cornmeal is added to meals, it improves the dietary benefits while also raising the item's value and demand. Furthermore, the rising popularity of nutritious snacks such as corn chips, cornflakes, tortilla chips, and a variety of others is propelling the industry forward. According to the US Food and Drug Administration, around 3 million people in the United States would experience health problems as a result of consuming gluten-based goods by 2020. As a result, the FDA created a guideline on gluten-free food labeling, accelerating the uptake of gluten-free products.

Degermed Cornmeal Market Drivers  

Increasing Consciousness of Health among Consumers has readily aided the market growth.

The rising health consciousness among consumers gives rise to the demand for gluten-free foods and therefore, the consumption of degermed cornmeal grows as it is considered a gluten-free meal. The added benefits of weight management, and nutritious and sound digestive health is creating a shift towards a gluten-free diet. Moreover, owing to changing lifestyles many people are suffering from obesity, and diabetes kinds of diseases, and according to the World Health Organization, in 2020 about 2.8 million people are died owing to obesity. Owing to such factors, consumers are adopting a healthy diet which in turn escalates the demand for the degermed cornmeal market. Furthermore, rising demand for gluten-free products in the bakery industry, which improves bread texture, rising adoption of gluten-free products in dairy alternatives, desserts and ice cream, ready-to-eat foods, meat alternatives, and improved distribution channels are some of the factors driving gluten-free product adoption and thus enhances market growth.

Rising Growth of Food and Beverage Industry Gives Rise to the Demand for Degermed Cornmeal Market.

The food and beverage industry is one of the most rapidly growing industries and with the growing population, the demand for food is increasing. Nowadays, the consumption of snacks growing among the population which increases the use of degermed cornmeal for coating. Cornmeal that has been degermed is used in the foodservice industry for cooking. Soups, stews, meat dishes, and desserts are just a few of the foods that are made with it. It's also used in food to enhance flavor, color, and nutrition. According to the U.S. Department of Agriculture, 41% of agricultural activity increase in 2021 which further escalates the growth in the food industry. Owing to such factors, the demand for degermed cornmeal surges and thus soars the market growth.

Degermed Cornmeal Market Challenges

The High Processing Cost of Degermed Cornmeal hampers the market growth.

The process of de-germinating the cornmeal requires advanced machines therefore it requires a lot of investment which increases the prices of degermed cornmeal. According to the Food and Drug Administration, the costs represent about 40% of the total production costs i.e. $300/ton which is very expensive. Therefore, the cost of degermed cornmeal grows which in turn hampers the market growth

Degermed Cornmeal Market Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Degermed Cornmeal Market. The top 10- Global Degermed Cornmeal Market companies are-

1. BFree Foods
2. Cargill
3. General Mills
4. Archer Daniels Midland
5. Gruma
6. Grupo Bimbo
7. Ingredion
8. Lifeline Foods
9. Archer Daniels Midland
10.  SEMO Milling

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