IMARC Group, a leading market research company, has recently released report titled “Roasted Corn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global roasted corn market share, size, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the roasted corn market?
The global roasted corn market size reached USD 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 4.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.86% during 2024-2032.
Factors Affecting the Growth of the Roasted Corn Industry:
- Growing Consumer Demand for Healthy Snacks:
The increasing consumer preference for healthier snack options is one of the major factors boosting the market growth. Moreover, the rising health consciousness among consumers, boosting a shift from traditional snacks that are high in fats, sugars, and artificial additives, is fueling the market growth. Additionally, the growing adoption of roasted corn as a natural, whole-grain snack, aligning well with the changing dietary preferences is boosting the market growth. Furthermore, it is perceived as a healthier alternative due to its high fiber content, essential nutrients, and lower fat profile compared to fried snacks. Moreover, the widespread popularity of roasted corn owing to its gluten-free nature is supporting the market growth.
- Expanding Culinary Applications and Versatility:
The versatility of roasted corn in culinary applications is another major factor bolstering the market growth. In line with this, the rising product incorporation into a variety of dishes to enhance flavor and texture is contributing to the market growth. Moreover, its crunchy texture and distinct taste make it a popular ingredient in salads, soups, and casseroles, providing a satisfying contrast and nutritional boost. Besides this, the heightened utilization of roasted corn as a topping for dishes like tacos, nachos, and various rice preparations, adding a unique flavor profile that enhances the overall dining experience, is fostering the market growth.
- Rapid Innovations in Production and Packaging:
The rising innovations in production techniques and packaging are providing a thrust to the market growth. In line with this, rapid advances in roasting technology that allow for more consistent quality and flavor profiles are boosting the market growth. Along with this, the introduction of modern roasting methods that help in reducing oil use, aligning with the trend towards healthier food products is favoring the market growth. Besides this, the increasing focus on packaging innovations as manufacturers invest in resealable bags, portion-controlled packs, and eco-friendly materials to appeal to a broad range of consumers is supporting the market growth.
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Roasted Corn Market Report Segmentation:
Market Breakup by Form:
- Whole
- Splits
- Flour
- Starch
Whole represented he largest market as it retains its natural flavor and texture, thus making it a popular choice among consumers who are looking for a minimally processed and healthier snack option.
Market Breakup by Category:
- Organic
- Conventional
Based on the category, the market has been classified into organic and conventional.
Market Breakup by Application:
- Beverages
- Bakery
- Snacks
- Animal Feed
- Others
Bakery represented the largest segment due to roasted corn’s ability to add crunch and a unique flavor profile.
