Europe 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) 

Code: TIPRE00028649 | Pages: 110 | Industry: Food and Beverages | Date: Apr 2022 | Type: Regional

The precooked corn flour market in Europe is expected to grow from US$ 618.78 million in 2021 to US$ 767.80 million by 2028; it is estimated to grow at a CAGR of 3.1% from 2021 to 2028.

 

Convenient foods are food products that need less time and effort for preparation. The demand for convenience foods such as tortilla chips, pizza, biscuits, bread, and cookies is increasing faster due to changes in social and economic patterns and rapid urbanization. Additionally, the increasing buying power of the consumers, rising awareness about healthy foods, and changing food habits and meal patterns further bolster the demand for convenience food. According to the World Health Organization, “Workplace stress is the health epidemic of the 21st century.” Such a shift in corporate culture makes people feel more stretched than ever after their daily working hours, and they are now increasingly striving for convenient food products that help them get through their hectic routine. Precooked corn flour is extensively used to produce convenience food products such as chips, pizza bases, biscuits, bread, and cookies. Precooked corn flour offers food manufacturers, restaurants, and institutions a simple and easy way to provide customers with a great variety of food options. Along with this, the emerging trend of maintaining health and wellness has propelled an increase in demand for healthy snacks. The on-the-go nutrition trend is rising among millennials and working adults, increasing their demand for healthy snack solutions to tackle nutrient deficiencies and other health conditions in their hectic lifestyles. Therefore, the increasing demand for precooked corn flour to prepare various convenience foods and healthy snacks is projected to drive the market.

 

Europe comprises several developing economies such as Germany, Russia, France, the UK, and Italy. Europe is considered a profitable market for precooked corn flour due to an increasing trend of healthy snacking and the rising demand for Mexican food across the region. Snacking during social occasions and on the go is becoming one of the common trends in Europe, and consumers are looking for healthy snacks. Consumers in the UK prefer convenience food products, whereas Germany is one of the largest organic and natural snacks markets. According to the Centre for the Promotion of Imports from developing countries (CBI), the sale of snack products in Europe reached US$ 15.64 billion in 2018, with a year-on-year growth of 6%. A surge in the consumption of snacks would further drive the demand for products, such as tortilla chips and corn chips, leading to an increase in the demand for precooked corn flour as it is used as an ingredient for producing such snack varieties. Also, precooked corn flour is an ideal solution for healthy snacking products as it is gluten-free and has various nutritional benefits.

 

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 Europe precooked corn flour market is expected to grow at a good CAGR during the forecast period.

 

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

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

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Europe Precooked Corn Flour Market Segmentation

 

Europe Precooked Corn Flour Market – by Product Type

  • Yellow Corn Flour
  • White Corn Flour
  • Others

Europe Precooked Corn Flour Market – by Application

  • Bakery and Confectionery
  • Soup, Sauces, and Dressings
  • RTE Meals and Foods
  • Extruded Snacks
  • Others

Europe Precooked Corn Flour Market – by Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Precooked Corn Flour Market – Companies Mentioned

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

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Europe Precooked Corn Flour Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Threat of New Entrants:

4.2.2        Bargaining Power of Suppliers:

4.2.3        Bargaining Power of Buyers:

4.2.4        Competitive Rivalry:

4.2.5        Threat of Substitutes:

4.3         Expert Opinion

5.           Europe Precooked Corn Flour Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Surge in Demand for Gluten-Free Food Products

5.1.2        Rising Preference for Convenience Food Products

5.2         Market Restraints

5.2.1        Lack of Awareness Among Consumers

5.3         Market Opportunities

5.3.1        Introduction of Organic and Non-GMO Precooked Corn Flour

5.4         Future Trends

5.4.1        Emerging Demand for Corn-Based Snacks

5.5         Impact Analysis of Drivers and Restraints

6.           Precooked Corn Flour Market – Europe Analysis

6.1         Europe Precooked Corn Flour Market Overview

6.2         Europe Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

7.           Europe Precooked Corn Flour Market Analysis – By Product Type

7.1         Overview

7.2         Europe Precooked Corn Flour Market, By Product Type (2020 and 2028)

7.3         Yellow Corn Flour

7.3.1        Overview

7.3.2        Yellow Corn Flour: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

7.4         White Corn Flour

7.4.1        Overview

7.4.2        White Corn Flour: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Others

7.5.1        Overview

7.5.2        Others: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe Precooked Corn Flour Market Analysis – By Application

8.1         Overview

8.2         Europe Precooked Corn Flour Market, By Application (2020 and 2028)

8.3         Bakery and Confectionery

8.3.1        Overview

8.3.2        Bakery and Confectionery: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Soup, Sauces and Dressings

8.4.1        Overview

8.4.2        Soup, Sauces and Dressings: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Extruded Snacks

8.5.1        Overview

8.5.2        Extruded Snacks: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

8.6         RTE Meals and Food

8.6.1        Overview

8.6.2        RTE Meals and Food: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

8.7         Others

8.7.1        Overview

8.7.2        Others: Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Precooked Corn Flour Market – Country Analysis

9.1         Overview

9.1.1        Europe: Precooked Corn Flour Market, by Key Country

9.1.1.1          Germany: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Germany: Precooked Corn Flour Market, By Product Type

9.1.1.1.2          Germany: Precooked Corn Flour Market, by Application

9.1.1.2          France: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          France: Precooked Corn Flour Market, By Product Type

9.1.1.2.2          France: Precooked Corn Flour Market, by Application

9.1.1.3          Italy: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          Italy: Precooked Corn Flour Market, by Product Type

9.1.1.3.2          Italy: Precooked Corn Flour Market, by Application

9.1.1.4          UK: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          UK: Precooked Corn Flour Market, By Product Type

9.1.1.4.2          UK: Precooked Corn Flour Market, by Application

9.1.1.5          Russia: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          Russia: Precooked Corn Flour Market, by Product Type

9.1.1.5.2          Russia: : Precooked Corn Flour Market, by Application

9.1.1.6          Rest of Europe: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of Europe: Precooked Corn Flour Market, by Product Type

9.1.1.6.2          Rest of Europe: Precooked Corn Flour Market , by Application

10.        Impact of COVID-19 Pandemic on Europe Precooked Corn Flour Market

10.1      Overview – Impact of COVID-19

11.        Company Profile

11.1      Archer Daniels Midland Company

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Cargill, Incorporated

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Limagrain

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Bunge Limited

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      GRUMA, S.A.B. de C.V

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Information

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      AGRICOR

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      Buhler

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      Favero Antonio SRL

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      Molino Peila SpA

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10   SEMO Milling, LLC

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Word Index


LIST OF TABLES

Table 1.             Europe Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Precooked Corn Flour Market, By Product Type– Revenue and Forecast to 2028 (USD Million)

Table 3.             Germany Precooked Corn Flour Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             France Precooked Corn Flour Market, By Product Type– Revenue and Forecast to 2028 (USD Million)

Table 5.             France Precooked Corn Flour Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             Italy Precooked Corn Flour Market, By Product Type – Revenue and Forecast to 2028 (USD Million)

Table 7.             Italy Precooked Corn Flour Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8.             UK Precooked Corn Flour Market, By Product Type – Revenue and Forecast to 2028 (USD Million)

Table 9.             UK Precooked Corn Flour Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10.          Russia: Precooked Corn Flour Market, by Product Type – Revenue and Forecast to 2028 (USD Million)

Table 11.          Russia : Precooked Corn Flour Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 12.          Rest of Europe Precooked Corn Flour Market, By Product Type– Revenue and Forecast to 2028 (USD Million)

Table 13.          Rest of Europe Precooked Corn Flour Market , by Application – Revenue and Forecast to 2028 (USD Million)

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Europe Precooked Corn Flour Market Segmentation

Figure 2.           Europe Precooked Corn Flour Market Segmentation – By Country

Figure 3.           Europe Precooked Corn Flour Market Overview

Figure 4.           Yellow Corn Flour Segment held the Largest Share in 2020

Figure 5.           Rest of Europe Held Largest Share in 2020

Figure 6.           Porter’s Five Forces Analysis

Figure 7.           Expert Opinion

Figure 8.           Europe Precooked Corn Flour Market Impact Analysis of Drivers and Restraints

Figure 9.           Europe Precooked Corn Flour Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        Europe Precooked Corn Flour Market Revenue Share, by Product Type (2020 and 2028)

Figure 11.        Europe Yellow Corn Flour: Precooked Corn Flour Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 12.        Europe White Corn Flour: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Europe Others: Precooked Corn Flour Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 14.        Europe Precooked Corn Flour Market Revenue Share, by Application (2020 and 2028)

Figure 15.        Europe Bakery and Confectionery: Precooked Corn Flour Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 16.        Europe Soup, Sauces and Dressings: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Europe Extruded Snacks: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe RTE Meals and Food: Precooked Corn Flour Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 19.        Europe Others: Precooked Corn Flour Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20.        Europe: Precooked Corn Flour Market Overview, By Country - 2020 (US$ Mn)

Figure 21.        Europe: Precooked Corn Flour Market Revenue Share, by Key Country (2020 and 2028)

Figure 22.        Germany: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 23.        France: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Italy: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 25.        UK: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Russia: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Rest of Europe: Precooked Corn Flour Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Impact of COVID-19 Pandemic on Precooked Corn Flour Market in Europe

  1. Agricor
  2. Archer Daniels Midland Company
  3. Buhler
  4. Bunge Limited
  5. Cargill, Incorporated
  6. Favero Antoniop SRL
  7. Gruma, S.A.B de C.V
  8. Limagrain
  9. Molion Peila SpA
  10. SEMO Milling LLC
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