World - Maize - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Maize - Market Analysis, Forecast, Size, Trends and Insights

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Maize Production

Maize, also known as corn, is one of the most important staple crops in the world, with a global production of over 1 billion metric tons annually. It is a major source of food, animal feed, biofuel, and industrial raw material. Maize is mainly grown in tropical and subtropical regions, and its production is particularly important in Africa, the Americas, and Asia.

The production of maize involves several stages, from land preparation and planting to harvest and processing. The most important factors that affect the production of maize are soil fertility, climate, water availability, pests and diseases, and agricultural practices.

Land preparation

The first step in maize production is land preparation, which involves clearing the land of debris and vegetation, plowing, harrowing, and leveling. The purpose of land preparation is to create a suitable seedbed for planting, improve soil aeration and drainage, and control weeds. The type of soil and the level of fertility, as well as the planting method to be used, determine the depth and intensity of the land preparation.

Planting

Maize can be planted either by direct sowing or by transplanting. The most common method is direct sowing, which involves placing seeds in the soil at a specific depth and spacing, using machines or manual labor. The timing and density of planting depend on the climate, the soil type, the availability of water, and the desired yield. In general, maize requires warm soil temperatures (above 15C) and adequate moisture for optimal germination and growth. The seedlings will emerge after a few days and will begin to grow rapidly, forming a plant with a strong stem, large leaves, and a tassel at the top.

Growth and development

The growth and development of maize are divided into several stages, including vegetative, reproductive, and maturation. The vegetative stage lasts from emergence to tasseling, during which the plant develops a strong root system, grows taller, and produces leaves and stems. The reproductive stage starts with tasseling and lasts until the formation of mature grain, during which the plant produces an ear with silk and kernels. The maturation stage is the final phase, during which the kernels dry and harden, and the plant reaches full maturity.

Harvesting and processing

The timing of maize harvesting depends on the local climate, the variety, and the intended use of the crop. Maize can be harvested when the kernels are still green and moist, known as green maize, or when they have dried and hardened, known as dry maize. Green maize is mainly used for human consumption and animal feed, while dry maize is used for storage, processing, and export. The harvesting process usually involves cutting the plant at the base, removing the ear, and shelling or threshing the kernels from the cob. The kernels can then be stored, processed, or transported to the market or the industry.

Challenges and opportunities

The production of maize faces several challenges and opportunities, depending on the local context and the global trends. Some of the main challenges are climate change, soil degradation, water scarcity, pests and diseases, market volatility, and food security. To overcome these challenges, farmers, researchers, and policymakers need to adopt sustainable and innovative practices, such as conservation agriculture, crop diversification, precision farming, biotechnology, and value chain development. These practices can help to improve the productivity, profitability, and resilience of the maize production system, while promoting the economic and social development of the communities involved.

This report provides an in-depth analysis of the global maize market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 56 - Maize

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Viterra, Cargill, Bunge, Dreyfus, Archer Daniels Midland Company, Krasnodaragroalliance, TPK Varna, Maize Corporation, Westland Corporation, Kyodo Yushi Manufacturing Americas, ICAMED, SEA, Genesis Harvest Trade & Co, Adjacent Properties Corp, Genuine Energy Inc, UBiquitousGCS LLC International Import Export, F. Garcia, Calgrain Corporation, Star Trading Inc., Dcosta Padma, Monzelle Commodities, Daah Volta Farms, Triumph Global, Agtrium International, Leo Taurus Corp., Macvern Distribution Limited, Adjacent Properties Corp.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
Store
Blog
Event
Maize Market Overview and Forecast 2022
Aug 26, 2022
Eye 1631

The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.

Maize Market Outlook: Production, Trends, Prices and Forecast 2022
Jul 7, 2022
Eye 1511

The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025. 

Record Production in 2022 to Curb Corn Price Growth
Feb 16, 2022
Eye 518

In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions. 

Global Corn Market Maintains Steady Growth Despite Lower Bioethanol Demand
Apr 16, 2021
Eye 1286

Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.

Global Maize Market - Animal Feed and Biofuel Sectors to Drive Consumption
Sep 25, 2018
Eye 1510

Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long

Vietnam Emerges as the Fastest Growing Maize Importer
Apr 11, 2018
Eye 1006

The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>

Which Country Consumes the Most Maize in the World?
Feb 9, 2018
Eye 5381

Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.

Which Country Produces the Most Maize in the World?
Oct 31, 2017
Eye 1357

In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.

Maize Market - Explore Amaizing-Acres’ Corn Maze in Missouri This Fall
Aug 31, 2015
Eye 1206

Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.

Top Import Markets for Grain: China, Japan, Mexico, and More
Nov 30, 2023
Eye 235

Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.

Free Data: Maize - World