Latin America Corn Flour Market

Latin America Corn Flour Market Size (2024 to 2032)

Latin America Corn Flour market size is estimated to reach USD 2.61 billion by 2032 from USD 1.58 billion in 2024, growing at a CAGR of 6.47% from 2024 to 2032.

MARKET OVERVIEW

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 the 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 Latin America 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.

This research report on the Latin America Corn Flour market has been segmented and sub-segmented into the following categories.

Latin America Corn Flour Market By Application

• snack food

• bakery and confectionary

Latin America Corn Flour Market By Distribution Channel

• Online Retail  
• Supermarkets/ Hypermarkets 
• Convenience Stores

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.

Latin America Corn Flour Market By Country

• Brazil

• Chile

• Argentina

KEY MARKET PLAYERS

• Grain Millers, Inc
• Buffaloe Milling CO Inc
• Glen Miller
• BASF
• Clariant
• Evonik
• Solvay
• W.R.Grace
• Hopkinsville Milling CO
• Minsa Corp
•  Shaff Farms Inc. etc