Market Research Future (Food and Beverages) Cornmeal Market Research Report | Page 3

Cornmeal Market Research Report – Forecast to 2023
2 Market Overview
Cornmeal is prepared by grinding corn kernels into a coarse powder. It is a great source of essential minerals such
as phosphorus, manganese, iron, copper, magnesium, and zinc, which assist in improving various body functions.
Cornmeal is used in the preparation of bakery products, corn-based snacks, and breakfast cereals in the food &
beverage industry apart from its application in animal feed and other industries.
The global cornmeal market has been growing over the past few years as cornmeal is gluten free. The increasing
prevalence of celiac disease and the rising adoption of gluten-free diets is resulting in manufacturers substituting
ingredients high in gluten with cornmeal. Moreover, the health benefits of cornmeal have attracted the attention of
the health-conscious.
Regional Analysis:
North America is expected to dominate the market for cornmeal during the forecast period owing to the increasing
adoption of gluten-free diets. Rising incidences of gluten intolerance and celiac disease in the US is a major driver
for the growth of the cornmeal market in North America. Europe is also expected to hold a significant share of the
global cornmeal market due to rising demand in bakery applications. Germany and the UK are the major contributors
to the growth of the European cornmeal market. The market in Asia-Pacific is projected to register the highest CAGR
during the forecast period with China and India being the largest country-level markets for cornmeal in the region.
The application of cornmeal in animal feed is driving the growth of the regional cornmeal market. The use of cornmeal
in the preparation of various dishes is likely to drive market growth in the rest of the world.
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