North America 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

North America 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 North America is expected to grow from US$ 889.35 million in 2021 to US$ 1,194.41 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.

The demand for gluten-free food products has grown considerably over the past few years due to the rising prevalence of celiac disease in several countries. Celiac disease is an autoimmune disorder that damages the small intestine lining and restrains the absorption of nutrients from consumed food items. This damage is mainly caused due to the reaction of consuming foods with high gluten content, such as wheat, rye, barley, and oats. Gluten consumption creates various health issues in some people. Moreover, excess consumption of these products can lead to serious health issues like sensitivity, wheat allergy, and celiac disease. According to the World Gastroenterology Organization (WGO), celiac disease is affecting people from all age groups, including adults and the elderly. Besides the increased prevalence of celiac disease, gluten-free products are also gaining popularity due to the increasing number of people suffering from inflammatory diseases. The demand for gluten-free food products has increased over the past few years due to the rising awareness about the advantages of a healthy lifestyle among consumers. Consumers prefer gluten-free products processed from corn, millets, soybean, and pseudocereals to maintain a healthy lifestyle. Moreover, precooked corn flour prepared from pure ground corn does not contain gluten. Instead of gluten, precooked corn flour contains hemicellulose, which is a glue-like component found in corn. Therefore, food products made from precooked corn flour are suitable for consumption for people suffering from gluten intolerance or celiac disease. Thus, the increasing demand for gluten-free food products is driving the market.

The US has the highest number of confirmed COVID-19 cases among all key countries in the region. This has negatively impacted the overall manufacturing processes, research, and development activities. The significant disruption in manufacturing facilities, along with raw material sourcing, has had a negative impact on the precooked corn flour market. The pandemic has had a negative impact on the food supply chains, simultaneously affecting farm production, food processing, transport, and logistics. During the pandemic, there have been changes in the consumer lifestyle which led to an increase in demand for healthy food products, including ready-to-eat, extruded snacks, and bakery products. In such stressful times, people were turning to snacks for their comfort, and it led to increasing demand for healthy snacks. The growing consumer focus on health and wellbeing due to the pandemic is also expected to promote the demand for precooked corn flour in the North American 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 North America precooked corn flour market is expected to grow at a good CAGR during the forecast period.

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

North America Precooked Corn Flour Market Segmentation

North America Precooked Corn Flour Market - by Product Type

Yellow Corn Flour White Corn Flour Others North America Precooked Corn Flour Market - by Application

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

US Canada Mexico North America 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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