Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 1.97 Billion |
| USD 3.21 Billion | |
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Global Corn Based Ingredients Market By Type (Corn Starch, Feed Ingredients (Corn Germ Based ingredients, Corn Gluten Based ingredients, and Others), Corn Oil, Fuel Ethanol, DDGS and Others), Application (Animal Feed, Processed Foods & Beverages, Fuel (Ethanol) and Others) – Industry Trends and Forecast to 2029.
Corn is a widely used ingredient in global coarse-grain, accounting for roughly three-quarters of total volume in recent years. The majority of corn is used in applications such as feed and industrial and food uses. Corn products in processed form are available, including flour, corn meal, and sweeteners.
Data Bridge Market Research analyses that the corn based ingredients market was valued at USD 1.97 billion in 2021 and is expected to reach the value of USD 3.21 billion by 2029, at a CAGR of 6.30% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Cakes, Pastries, Bread, Biscuits and Others), Form (Solid Baker’s Yeast, Liquid/Cream Baker’s Yeast, Dry or Powdered Baker’s Yeast and Other Forms), Product (Active Dry Yeast, Inactive Dry Yeast), End Users (Bakery, Food, Feed, Other)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Dun & Bradstreet, Inc (U.S.), Conagra Brands, Inc. (U.S.), London Dairy Co. Ltd (U.K.), Danone S.A. (France), ADM (U.S.), Daiya Foods Inc. (Canada), Grupo Bimbo S.A.B.de C.V.(Mexico), Associated British Foods PLC (U.K.), General Mills Inc. (U.S.), Lantmännen Unibake (Denmark), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), Cole’s Quality Food Inc. (U.S.)
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Opportunities
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Market Definition
Corn is used in the feed and food industries all over the world, both raw and processed. Corn based ingredients is a significant by product of corn. It is a powdered form of corn created through the drying process. It is a common staple food in many parts of the world. Corn based ingredients has high fibre content and provides healthy food nutrients in dietary based ingredients. It also contains important minerals like manganese, copper, zinc, phosphorus, magnesium, and iron.
Drivers
The key factors driving global demand for corn-based ingredients are an increase in consumer demand for healthy food options and changing food consumption patterns. Furthermore, the rising consumer preference for a wholesome breakfast consisting of ready-to-eat food items is expected to boost the corn based ingredients market over the forecast period. Furthermore, shifting toward healthier foods to prevent cardiovascular disease and control blood sugar levels positively impacts the global corn-based ingredients market.
Individuals in households and restaurants use corn based ingredients as an innovative food coating. Furthermore, the increased demand for corn production due to the widespread use of corn based ingredients is expected to drive market growth. Furthermore, the adoption of new farming technologies, yield improvements, and land expansion are driving the growth of maize production in developing countries, which is fuelling market growth. A surge in the fast-food sector, adoption of Western culture, and rising disposable income are all contributing to market growth.
Opportunity
Food and beverage manufacturers are considering corn-based ingredients' health benefits and adding significant constituents to make products more delectable and nutritious. Aside from that, corn-based ingredients for disease prevention and health maintenance is expected to fuel a positive growth in terms of value during the forecast period. Baked goods typically use wheat flour; however, corn based ingredients, along with wheat flour, has a new healthy and delicious baking use; as a result, corn based ingredients demand is expected to rise.
Restraints
The high carbohydrate content of corn based ingredients limits product consumption. Furthermore, corn is difficult to digest and contains a high sugar and fat content, which may pose a significant challenge to market growth. Corn supply fluctuations, as well as dietary disadvantages, are impeding market growth.
This corn based ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the corn based ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. The supply chain was disrupted from one location to another due to transportation restrictions for export and import. Transport of raw materials such as corn and related items to industries is also restricted. As a result of a lack of raw materials and a lack of manpower, the manufacturing industries faced numerous challenges, leading to a shutdown. As a result, corn based ingredients production is delayed. Reduced production results in decreased demand for the product. However, as the number of Corona cases decreases and the lockdowns are lifted, the corn based ingredients market grows rapidly.
Recent Development
The corn based ingredients market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Application
The corn based ingredients market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the corn based ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The North American corn market is the largest in the world. Popularity for corn based ingredients is increasing as a result of rising health consciousness and quality food consumption patterns in these regions' developed countries, which is contributing to the corn market's positive growth. The major corn shippers are the United States, China, Saudi Arabia, France, and India. Created trading channels and a preference for high-quality food are also propelling market growth in these countries.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The corn based ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to corn based ingredients market.
Some of the major players operating in the corn based ingredients market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Corn Based Ingredients Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Corn Based Ingredients Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.