Roasted Corn Market Outlook
According to a new report by Expert Market Research titled, “Global Roasted Corn Market Size, Share, Analysis, Report and Forecast 2024-2032, the roasted corn market reached a value of approximately USD 2.46 billion in 2023. Aided by the increasing consumer demand for healthy snacks and the extensive applications of roasted corn in the food and beverage industry, the market is projected to further grow at a CAGR of 6.20% between 2024 and 2032 to reach a value of USD 3.52 billion by 2032.
Roasted corn, a delicious and healthy snack food, is consumed worldwide for its rich flavour and nutritional benefits. Its applications extend beyond direct consumption to include its use as an ingredient in a multitude of food products, including soups, salads, and appetisers. Roasted corn is also used as a flavour enhancer in a range of snacks and side dishes, adding to its market demand.
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The rising consumer inclination towards healthy snacking options is a significant driver of the global roasted corn market growth. Increasing health consciousness and the quest for nutritious yet tasty alternatives to traditional snack foods have made roasted corn a preferred choice among consumers. It is rich in fibre, vitamins, and minerals and low in fat, aligning perfectly with the current trend of wellness and healthy eating.
Furthermore, the expanding applications of roasted corn in the food and beverage industry also play a crucial role in driving the roasted corn market demand. In addition to being a popular ingredient in various dishes, roasted corn finds use in the manufacturing of corn-based snack products, cereals, and processed foods. It also serves as a key flavouring ingredient in certain beverages.
The growing popularity of international cuisines and the rising trend of experimenting with flavours have also contributed to the rising demand for roasted corn, thereby fuelling the roasted corn market expansion. Consumers’ desire to explore new tastes and culinary experiences has led to an increased interest in food products with unique and robust flavours, such as roasted corn.
In addition, the shift towards plant-based diets and veganism has led to an enhanced focus on roasted corn as a vital source of plant-based nutrients. This dietary shift is anticipated to further fuel the global roasted corn market expansion.
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Roasted Corn Market Segmentation
The market can be divided based on form, nature, application, and region.
Market Breakup by Form
- Whole
- Splits
- Flour
- Others
Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Application
- Beverages
- Bakery
- Snacks
- Animal Feed
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global roasted corn companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Grau nuts – Productos Grau SA
- Laxcorn
- Foodlink
- AIM Biscuits (PT Aneka Indomakmur)
- Fresh Nuts GmbH
- The Naked Nut Growers
- KLC Farms Roasting, Inc.
- American Nut Company
- J.R. Simplot Company
- Go Craize
- Others
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