Middle East and Africa Precooked Corn Flour Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Yellow Corn Flour, White Corn Flour, and Others) and Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals

Middle East and Africa Precooked Corn Flour Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Yellow Corn Flour, White Corn Flour, and Others) and Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals and Foods, Extruded Snacks, and Others) 

The precooked corn flour market in the MEA is expected to grow from US$ 150.90 million in 2021 to US$ 174.75 million by 2028; it is estimated to grow at a CAGR of 2.1% from 2021 to 2028.

Corn is considered a versatile crop with high fiber content and essential minerals such as copper, iron, zinc, magnesium, and manganese; it is also an excellent source of antioxidants. Such nutritional properties make corn a primary ingredient for producing corn collets and many snack pellet products. Corn-based snack products are gaining high popularity in the market due to the health benefits associated with them. For instance, corn is regarded as healthy as any other cereal grain as it is rich in vitamins, minerals, fibers, potassium, and antioxidants. Demand for corn-based healthy snacks such as tortilla chips, corn chips, and taco shells is projected to grow over the forecast period. Health-conscious consumers are searching for healthy soup and pasta products where precooked corn flour is utilized as a key ingredient. Due to the busy lifestyle, people prefer ready-to-eat nutrient-rich meals available in small portions over the traditional large meals. Ready-to-eat food products are popular among the younger working-class consumers as they hardly find time to cook food. The increasing number of working individuals is creating the demand for ready-to-eat food items. Tortilla chips and taco shells are among those RTE or RTC foods that are popular among consumers. Therefore, the rise in the trend of healthy snacking has motivated the manufacturers to develop new precooked corn flour products in the market.

Due to the COVID-19 pandemic and subsequent lockdowns in the Middle Eastern and African countries, various manufacturing companies related to the food industry were closed, which negatively impacted the production of precooked corn flour. According to Duncan Mc Culloch, general manager of Mars Wrigley Middle East and Africa, the COVID-19 pandemic led to increased consumer awareness of health and wellness, which led to a rise in demand for healthy snacks across the region.

Moreover, the Gulf Cooperation Council (GCC) is consistent with the global trend in terms of growth and potential related to healthy snacks, and Saudi Arabia is the fastest growing country for healthy snacks in the region. Thus, the increased demand for healthy snacks is positively impacting the precooked corn flour market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the precooked corn flour market. The MEA precooked corn flour market is expected to grow at a promising CAGR during the forecast period.

MEA Precooked Corn Flour Market Revenue and Forecast to 2028 (US$ Million)

MEA Precooked Corn Flour Market Segmentation

MEA Precooked Corn Flour Market - by Product Type

Yellow Corn Flour White Corn Flour Others MEA Precooked Corn Flour Market - by Application

Bakery and Confectionery Soup, Sauces, and Dressings RTE Meals and Foods Extruded Snacks Others MEA Precooked Corn Flour Market - by Country

South Africa Saudi Arabia UAE Rest of MEAMEA Precooked Corn Flour Market - Companies Mentioned

Agricor Archer Daniels Midland Company Buhler Bunge Limited Cargill, Incorporated Gruma, S.A.B de C.V Limagrain Molion Peila Sp A SEMO Milling LLC

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