The Europe Corn Flour market size was around USD XX billion in 2018. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2023.
Corn flour is derived from grinding of dried corns and it is also used as common staple food. Corn flour comes in white and yellow coloured and is used for preparation of bread and in blend with other flours in bakery products. It is also used for skin exploitation. Corn flour is used in healthy pet foods. It also finds various applications in food industry such as in bakery products, in snacks, soups, ready to eat food etc. Corn flour is used as substitute for rice and wheat or mixed with wheat flour as a gluten-free product. It is also used in preparation of corn starch.
The Europe corn flour market is driven by growing demand due to the increasing demand for nutritious, healthy, and convenience food products. Demand for corn flour products is accredited to the increasing demand for corn-based healthy snacks includes, tortilla chips, corn chips, taco shells, and a wide variety of other popular food products. Consumers are forever seeking healthy snack options which is fuelling demand for the market. Rising consumer demand for gluten free products because of several health issues related with gluten is a secondary factor driving demand for corn flour based bakery products. Growing demand for healthy soups and pasta where corn flour is utilized as a key ingredient is a factor anticipated to drive demand over the aforementioned forecast period. Corn flour is also utilized in several ready to cook and eat food products thereby, raising demand for such food products which is in turn driving market growth for corn flour. This shift is now leading to the increasing demand for single-portion, portable as well as healthy snack products. Thus, corn flour snacks are anticipated to grow robustly during the aforementioned forecast period owing to the myriad health benefits of corn.
Corn flour market is segregated by applications, and by distribution channels. By applications in food products corn flour market is categorized as snack food, bakery and confectionary, and others. Corn flour mixes well with other flours like wheat and rice flour and is utilized to reduce gluten in bakery products like cakes, muffins, cookies, and pastries etc. There is robust demand for gluten free bakery products which has given bakery segment a very robust growth trajectory. Several snacks like tortilla chips, wafers, and pasta are manufactured from corn flour. Therefore need for healthy snack market category is growing robustly. Corn flour is utilized as a significant ingredient in several soups and other applications therefore, need for these category is anticipated to grow significantly over the aforementioned forecast period. Corn flour market is further segregated by distribution channels as supermarkets/hyper markets, online retail, convenience stores and others. In distribution channel segment supermarket/hypermarket leads while, online retail is anticipated to rise at a higher CAGR over the aforementioned forecast period.
By geography the market is segmented into UK, Spain, Germany, France and others. Rising demand for health snack options and gluten free bakery products in Europe is driving market growth in the regions. It is the second largest market.
Key players in the market include Grain Millers, Inc. Buffaloe Milling CO Inc, Glen Miller, BASF, Clariant, Evonik, Solvay, W.R.Grace, Hopkinsville Milling CO, Minsa Corp, and Shaff Farms Inc. etc.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Bakery and Confectionary
5.1.3 Snack Food
5.1.4 Others
5.1.5 Y-o-Y Growth Analysis, By Application
5.1.6 Market Attractiveness Analysis, By Application
5.1.7 Market Share Analysis, By Application
5.2 Distribution Channels
5.2.1 Introduction
5.2.2 Online Retail
5.2.3 Supermarkets/ Hypermarkets
5.2.4 Convenience Stores
5.2.5 Others
5.2.6 Y-o-Y Growth Analysis, By Distribution Channels
5.2.7 Market Attractiveness Analysis, By Distribution Channels
5.2.8 Market Share Analysis, By Distribution Channels
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.3.3 By Distribution Channels
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.4.3 By Distribution Channels
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.1.5.3 By Distribution Channels
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 BASF
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Clariant
8.3 Evonik
8.4 Solvay
8.5 W.R.Grace
8.6 Grain Millers
8.7 Buffaloe Milling CO Inc
8.8 Glen Miller
8.9 Hopkinsville Milling CO
8.10 Minsa Corp
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
