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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402644
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402644
Corn Grit Market, By Type of Corn Grits, By Granulation Size, By Application (Food Industry, Beverage Industry, Animal Feed, and Other Industrial Uses), By Distribution Channel, By End User, By Geography
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Global corn grit market is expected to be valued at US$ 896.1 Mn in 2023 to US$ 1,320.9 Mn by 2030, exhibiting a compound annual growth rate (CAGR) of 5.7% during the forecast period 2023-2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 896.1 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 5.70% | 2030 Value Projection: | US$ 1,320.9 Mn |
Figure 1. Global Corn Grit Market Share (%), By Region, 2023
Corn grits are coarse particles of corn that are obtained by grinding dried corn kernels. These are widely used as a key ingredient in the production of snacks, breakfast cereals, bakery products, and tortillas. These are a good source of complex carbohydrates, dietary fiber, protein, vitamins, and minerals. Consumption of corn grits helps manage weight and lower cholesterol levels and reduce the risk of certain cancers. Global corn grit market has been growing steadily due to rising awareness about nutritional benefits of corn as well as added health advantages of consuming whole grains. Growing hospitality industry worldwide coupled with increasing preference for traditional foods is further propelling the demand for corn grits in both residential and commercial sectors.
Market Dynamics:
The market is driven by several factors, including the growing population, changing dietary preferences, and the rising awareness about the health benefits of corn-based products. Corn grits are rich in dietary fiber, vitamins, and minerals, thereby making them a popular choice among health-conscious consumers. The versatility of corn grits in different culinary applications is further fueling the market growth. Furthermore, the market is witnessing an increase in demand from the animal feed industry. Corn grits are used as a feed ingredient for livestock and poultry due to their high nutritional value. With the increasing consumption of meat and dairy products, the demand for corn grits as animal feed is expected to rise significantly.
However, the market also faces certain challenges. Fluctuating raw material prices and the availability of substitutes such as rice and wheat grits can hinder the market growth. The impact of the COVID-19 pandemic on the supply chain and distribution channels has also affected the market to some extent.
Key features of the study:
- This report provides in-depth analysis of the global corn grit market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global corn grit market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cargill Incorporated, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Tate & Lyle PLC, Didion Milling, Semo Milling, Agrana Beteiligungs-AG, The Andersons, Inc., and LifeLine Foods
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global corn grit market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global corn grit market
Global Corn Grit Market Detailed Segmentation:
- By Type of Corn Grits:
- Yellow Corn Grits
- White Corn Grits
- By Granulation Size:
- Fine
- Medium
- Coarse
- By Application:
- Food Industry
- Breakfast Cereals
- Baking
- Snacks
- Beverage Industry (e.g., beer production)
- Animal Feed
- Other Industrial Uses
- By Distribution Channel:
- Direct Sales
- Distributor
- Online Retailers
- Supermarkets/Hypermarkets
- Specialty Stores
- By End User:
- Households
- Industrial
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Top Companies in the Global Corn Grit Market
- Cargill Incorporated
- Archer Daniels Midland Company (ADM)
- Bunge Limited
- Ingredion Incorporated
- Tate & Lyle PLC
- Didion Milling
- Semo Milling
- Agrana Beteiligungs-AG
- The Andersons, Inc.
- LifeLine Foods
Product Code: CMI6174
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type of Corn Grits
- Market Snippet, By Granulation Size
- Market Snippet, By Application
- Market Snippet, By Distribution Channel
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Food industry growth
- Price volatility
- Organic and non-GMO
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Mergers, Acquisitions, and Collaborations
4. Global Corn Grit Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Corn Grit Market, By Type of Corn Grits, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Yellow Corn Grits
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- White Corn Grits
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
6. Global Corn Grit Market, By Granulation Size, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Fine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Medium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Coarse
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
7. Global Corn Grit Market, By Application, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Food Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Breakfast Cereals
- Baking
- Snacks
- Beverage Industry (e.g., beer production)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Animal Feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Other Industrial Uses
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
8. Global Corn Grit Market, By Distribution Channel, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Direct Sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Distributor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Online Retailers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Supermarkets/Hypermarkets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Specialty Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
9. Global Corn Grit Market, By End-User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Households
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
10. Global Corn Grit Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-regiony. 2018 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Corn Grits, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Granulation Size, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Corn Grits, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Granulation Size, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- Germany
- U.K
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Corn Grits, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Granulation Size, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Corn Grits, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Granulation Size, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Corn Grits, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Granulation Size, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- GCC Countries
- Israel
- South Africa
- Central Africa
- North Africa
- Rest of Middle East
11. Competitive Landscape
- Company Profile
- Cargill Incorporated
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Archer Daniels Midland Company (ADM)
- Bunge Limited
- Ingredion Incorporated
- Tate & Lyle PLC
- Didion Milling
- Semo Milling
- Agrana Beteiligungs-AG
- The Andersons, Inc.
- LifeLine Foods
- Analyst Views
12. Section
- References
- Research Methodology
- About us
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