FMI’s analysis reveals that the global nixtamalized corn flour industry is currently valued at US$ 3,172.7 million in end of 2023. It is projected to surpass significantly, reaching a market valuation of US$ 5,329.5 million by 2033. It is poised to exhibit at 5.3% CAGR during the forecast period.
The global nixtamalized corn flour industry is witnessing lucrative growth and presenting attractive opportunities in the food grain industry. Nixtamalization is the traditional process of treating corn with an alkaline solution.
Nixtamalization has gained attention due to the increased nutritional value, flavor, and versatility of corn-based products it can provide. The demand for authentic and traditional food is experiencing growth. Nixtamalized corn flour has been introduced as the preferred choice of consumers and food manufacturers.
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Consumers are switching to gluten-free products, as a result of high detection of celiac disease cases. Customers want healthy food options, including without gluten. Nixtamalized corn flour is a useful substitute for wheat flour in food products since it has nutritional qualities and comes in a variety of forms.
Nixtamalized corn flour market is poised for continued growth and innovation. Consumer demand for natural, authentic, and nutritious food options remains strong. The market is likely to see further expansion, with new product offerings and applications. The popularity of ethnic cuisines continues to rise globally. Nixtamalized corn flour is expected to find its place in a wide range of international recipes and culinary creations.
Key market players such as Cargill Incorporated, Bunge Ltd, Bob’s Red Mill Natural Foods, and GRUMA. They have recognized the immense potential of the nixtamalized corn flour industry. They are actively investing in research and development to expand their product portfolios. These companies are exploring innovative techniques to improve the nixtamalization process. It ensures consistent quality, and meets the growing demand for nixtamalized corn flour.
The health-conscious consumer base is another significant driver contributing to the market’s growth. Nixtamalization increases the bioavailability of essential nutrients such as niacin (Vitamin B3) and calcium. These ingredients enhance the nutritional value of corn-based products. The demand for gluten-free and non-GMO products has further fueled the adoption of nixtamalized corn flour. It aligns with the preferences of health-conscious consumers seeking alternative products.
Key Takeaways from the Chicken Offal Report:
- The global nixtamalized corn flour marketis expected to reach a valuation of US$ 5,329.5 million by 2033.
- Global demand for nixtamalized corn flour is likely to soar at 3% CAGR over the forecast period.
- Based on product type, the yellow masa corn segment is anticipated to reach a valuation of US$ 4,063.2 million by 2033.
- By end-use, the food processing segment is likely to exhibit a 5% CAGR during the projection period.
- China nixtamalized corn flour industry is projected to reach a valuation of US$ 135.5 million by 2033.
- Germany market is estimated to witness a value CAGR of 3% during the projection period.
“Increasing adoption of gluten-free and non-GMO products by health conscious consumer will drive demand for nixtamalized corn flour industry. Manufactures are working to provide different flavors and textures to diversify their product offerings.”– says a lead analyst at Future Market Insights (FMI)
Who is Winning?
Key players in the market include GRUMA, S.A.B. de C.V, King Arthur Flour, Larissa, Masa Brosa, Goya Foods, Sabor del Cielo, Mexican Flour, All Souls Tortilleria, The Little Tortilleria Ltd., Gold Mine Natural Food Company, Woodland Foods, Cargill, Incorporated, Bunge Limited, Bob’s Red Mill Natural Foods, Limagrain Ingrédients, Prairie Mills Products LLC, and Bongiovanni Srl are key nixtamalized corn flour and its product manufacturers listed in the report.
Manufacturers are focusing on continuous product innovation to meet evolving consumer demands and preferences. They develop new varieties of nixtamalized corn flour that cater to specific dietary needs. It includes gluten-free and organic options. Innovation might also lead to improving texture, taste, and nutritional profile of the products.
For instance,
- In October 2020, Goya Foods recently revealed a US$ 80.0 million extensions of its Brookshire, Texas, manufacturing and distribution facilities. The purchase of new, cutting-edge food processing equipment enabled the firm to treble production capacity for the purpose to satisfy rising customer demand for its goods.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global nixtamalized corn flour market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the nixtamalized corn flour industry based on product type (yellow masa corn, white masa corn, red masa corn, and blue masa corn), and end-use (retail/households, food service industry, and food processing industry) across various regions.
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