According to a recent market study published by Growth Market Reports, titled, “Global Corn Masa Flour Market By Product, By Application, By Distribution Channel, and By Region: Size, Share, Trends and Opportunity Analysis, 2017-2032”, the market was valued at US$ 6,750.43 Million in 2023 and is anticipated to expand at a growth rate of 5.4% by 2032.

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Corn masa flour imparts a distinct flavor to dishes, with a slightly sweet and earthy taste characteristic of corn. Corn masa flour is gluten-free and is beneficial for patients having celiac disease without causing abdominal issues, including diarrhea, discomfort, or constipation. Corn masa flour is whole-grain and a healthy fiber source that helps ease constipation. It promotes weight loss and makes the abdomen feel fuller for prolonged. It is an excellent source of iron that helps the body develop white blood cells. Corn masa flour is an excellent source of calcium that protects and keeps the bone healthy.

The global corn masa flour market has been segmented in terms of product, application and distribution channel. In terms of product, the global corn masa flour market is segmented into yellow masa flour, white masa flour, blue masa flour, red masa flour. Based on application market is fragmented into chips, tortilla, taco, taquito, others. In terms of distribution channel, the market is segmented into online and offline. Considering regions, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The COVID-19 pandemic has had both short-term and long-term impacts on the global corn masa flour market. Consumer behavior changed significantly during the pandemic, with a shift towards home cooking and comfort foods. While this initially led to increased demand for staple ingredients like corn masa flour, the closure of restaurants and foodservice establishments offset some of this demand. Despite the disruptions, the food industry demonstrated resilience in maintaining essential food supply chains. Corn masa flour manufacturers adapted to the changing circumstances by implementing safety measures in production facilities, adjusting distribution strategies, and exploring new markets.

Key Takeaways from the Study:

  • Players in the global corn masa flour market include Cargill, Incorporated, Gruma, S.A.B. de C.V, Limagrain, Goya Foods, Inc, GoodMills Innovation GmbH, Bob’s Red Mill Natural Foods, Codrico, Bindewald & Gutting Mühlengrupp, Woodland Foods, Cool Chile Co, Mex-Al, Bunge Limited, Prairie Mills Products LLC, King Arthur Flour, Bongiovanni Srl

  • Based on product, the corn masa flour market is segmented into yellow masa flour, white masa flour, blue masa flour, red masa flour. The yellow masa flour segment is anticipated to hold a market share of XX% in 2032, as it is widely used in traditional Mexican cuisine and is a popular choice among consumers for its mild flavor and texture.

  • Based on application, the corn masa flour market is segmented into chips, tortilla, taco, taquito, others. The tortilla segment is anticipated to hold a market share of XX% in 2032, due to availability of tortilla products made from corn masa flour has expanded beyond specialty stores and ethnic markets to mainstream supermarkets and online retailers. This broader retail distribution has made tortillas more accessible to a wider consumer base, driving increased consumption.

  • On the basis of distribution channel, the corn masa flour market is segmented into online and offline. The Online segment is expected to hold a market share of XX% in 2032, due to increasing demand for corn masa flour products in traditional retail channels. The presence of well-established retail chains and the growing popularity of supermarkets/hypermarkets have contributed to the growth of this segment

  • Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). The North America is anticipated to register a CAGR of XX% during the forecast period. The growing focus on health and wellness, consumers are seeking out foods perceived as healthier alternatives to traditional wheat-based products. Corn masa flour, being gluten-free and naturally rich in fiber, appeals to health-conscious consumers and those with gluten sensitivities or celiac disease.

Key Developments

  • In August 2022, Azucarera, a Spain-based sugar and corn producer, launched a new line of corn masa flour products for the foodservice industry. The products are designed to meet the growing demand for plant-based and sustainable food options.

  • In March 2020, Bob's Red Mill, a US-based corn masa flour supplier, launched a new range of organic and non-GMO corn masa flour products in Europe. The products are sourced from environmentally friendly farmers and are certified by leading organic and non-GMO organizations.

  • In January 2020, Grupo Maseca, a leading corn masa flour producer, announced a new sustainable production facility in Spain. The facility is designed to reduce carbon emissions and increase efficiency in production.

Report Scope:

Report Metric

Details

Market Value in 2023

US$ 6,750.43 Million

Market Growth Rate (from 2023 to 2032)

5.4%

Historical Data

2017 & 2022

Base Year

2023

Forecast Period

2024 – 2032

Units Considered

Value (US$ Million)

Market Segments

By Product, Application, Distribution Channel, and By Region

Key Companies Profiled

Cargill, Incorporated, Gruma, S.A.B. de C.V, Limagrain, Goya Foods, Inc, GoodMills Innovation GmbH, Bob’s Red Mill Natural Foods, Codrico, Bindewald & Gutting Mühlengrupp, Woodland Foods, Cool Chile Co, Mex-Al, Bunge Limited, Prairie Mills Products LLC, King Arthur Flour, Bongiovanni Srl

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Manufacturers, End-users/Applications

  • Regulatory Side: Concerned government authorities, and other approved regulatory bodies.

      • United States Food and Drug Administration (FDA)

      • European Union (EU)

      • Medicines and Healthcare Products Regulatory Agency (MHRA)

      • National Research Foundation of Korea (NRF)