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Corn Flour Market size is expected to witness growth owing to increasing demand for healthy and nutritious food products.<br>Get more details @ https://goo.gl/Rldgvb
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Corn Flour Market Analysis, Application trends, Forecast to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Corn Flour Market : • North America, dominated the corn flour market and is likely to witness the same in the forecasted years. Use of product item in manufacturing tortilla chips and other bakery & snack products is one of the major key driver for increasing demand in the region. Also, it contains high level of corn starch which helps substantially in preparing extruded snack products and processed food where maize flavour is preferred. Another major factor for growth of product market in the region is increasing Hispanic groups and rising demand for product based food items across the U.S. Moreover, increasing population and escalating numbers of restaurants will fuel the market growth in the region. • Europe region is the leading corn flour market and will observe healthy growth over the forecasted years. Germany and UK holds a major portion in the product market for growing consumption of pasta, soups and other confectionery products. Development of bakery industry in some of the countries including France, Italy and Netherlands among other nations will have propel the industry growth over the forecasted period in the region.
Application Analysis of Corn Flour Market : • Based on its application, corn flour market is segmented into breakfast cereals, snack food industries, confectionery and biscuits industry, breweries and bakery industry. Amongst, bakery industry holds a major market share, however, upsurge in demand for snacks in consumers will drive the product market.
Competitive Market Share of Corn Flour Market : • Global corn flour market is highly diversified and competitive in nature owing to presence of large number of local and international manufacturers, globally. Also, numerous producers of corn flour have made a huge production facilities available in several countries. Some of the leading market players identified are Bunge, BASF, Cargill, Gruma, Clariant, Solvay, Grain Millers, Evonik and Glen Miller. Some other key vendors present in the market are W.R. Grace, Buffaloe Milling, Minsa Corp, C.H Guenther and sons, Grupo Bimbo, Shaff Farms, SEMO Milling and Ingredion Lifeline Foods. • In 2017, Bunge, a North American company acquired Grupo Minsa a leading company in corn flour market. This acquisition will broaden their product portfolio and other premixes for tortillas.
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