Market News
Recent Developments
New product launches
- KL Dugar Gyan Maize Grit (Nepal, 2017): This product is made from high quality maize and is low in fat, sodium, gluten free, and rich in dietary fiber. It can be served as a tasty porridge snack or main course with vegetables.
- Nature\'s Path Organic Corn Grits (Canada, 2020): These organic corn grits are made from non-GMO corn and are certified gluten-free. These are a good source of fiber and iron.
- Bob\'s Red Mill Corn Grits (USA, 2021): These corn grits are made from whole grain corn and are a good source of fiber and protein. These can be used to make a variety of dishes, such as grits porridge, polenta, and cornbread.
Acquisition and partnerships
- In 2021, Cargill acquired Honeyville Products, a leading manufacturer of corn grits and other food ingredients. This acquisition gave Cargill, a major foothold in the growing gluten-free market.
- In 2022, Archer Daniels Midland (ADM) acquired AGT Food and Ingredients, a Canada based company that is a major producer of corn grits and other agricultural commodities. This acquisition made ADM the world\'s largest corn processor.
- In 2023, Bob\'s Red Mill Natural Foods acquired Hodgson Mill, a leading manufacturer of corn grits and other whole grain products. This acquisition gave Bob\'s Red Mill a major boost in its retail presence.