Global Roasted Corn Market to Reach US$ 4.1 Billion by 2032, Stimulated by Surge in Veganism

December 18, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “Roasted Corn Market Report by Form (Whole, Splits, Flour, Starch), Category (Organic, Conventional), Application (Beverages, Bakery, Snacks, Animal Feed, and Others), and Region 2024-2032,” the global roasted corn market size reached US$ 2.7 Billion in 2023. Roasted corn is a delicious and popular dish  prepared by cooking corn kernels over an open flame or in an oven until they achieve a rich, smoky flavor and a delightful crunch. It finds applications in umpteen culinary creations, from street food vendors to high-end restaurants. In addition to this, roasted corn offers notable health and nutrition advantages, such as it is a rich source of vitamins, dietary fiber, and minerals, including vitamin C, folate, and potassium. These nutrients contribute to overall well-being and can support a healthy diet. Moreover, it is often consumed without added oils or fats, making it a relatively low-calorie and nutritious option for health-conscious consumers. Currently, roasted corn is available in various types, primarily distinguished by the method of preparation and seasoning, such as traditional roasted corn, Mexican street corn, and sweet roasted corn. 

Global Roasted Corn Market Trends:

The global roasted corn market is influenced by a range of key drivers, such as the rising demand for healthy snacks, which has surged the demand for roasted corn, a low-calorie and nutritious option. This is further supported by the versatility of roasted corn in culinary applications, from salads to mains. Moreover, the growth in vegan and vegetarian populations globally has amplified the demand for plant-based snack options, such as roasted corn, which is favoring the market growth. In line with this, burgeoning disposable incomes and the ease of production and storage gives it a longer shelf life, which is further propelling the market growth. Furthermore, the trend of organic and non genetically modified organism  (GMO) foods has boosted the sales of organic roasted corn variants, which is fueling the market growth. Apart from this, surging exposure to international cuisines and innovative packaging solutions by key players are fostering the market growth. Looking forward, the market value is projected to reach US$ 4.1 Billion by 2032,, expanding at a CAGR of 4.86% during 2024-2032.

Market Summary:

  • Based on the form, the market has been segmented into whole, splits, flour, and starch. Currently, whole dominate the market, holding the largest share.
  • On the basis of the category, the market has been bifurcated into organic and conventional.  
  • By the application, the market has been categorized into beverages, bakery, snacks, animal feed, and others. According to the report, bakery represents the largest segment.
  • Based on the region, the market has been classified into North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America is the leading market, accounting for the majority of the global share.
  • The competitive landscape of the market has also been examined, with some of the key players being AIM Biscuits, American Nut Company, Barberá Snacks SL, Del Monte Food, Inc. (Del Monte Pacific Ltd), Laxcorn, N. L. Food Industries, The Kraft Heinz Company, and The Naked Nut Growers.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report

Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 

  • Form
  • Category
  • Application
  • Region
Forms Covered Whole, Splits, Flour, Starch
Categories Covered Organic, Conventional
Applications Covered Beverages, Bakery, Snacks, Animal Feed, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AIM Biscuits, American Nut Company, Barberá Snacks SL, Del Monte Food, Inc. (Del Monte Pacific Ltd), Laxcorn, N. L. Food Industries, The Kraft Heinz Company, The Naked Nut Growers, etc.
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Global Roasted Corn Market to Reach US$ 4.1 Billion by 2032, Stimulated by Surge in Veganism
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