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Maize Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 132
  • SKU: IRTNTR72467
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The maize market share is expected to increase by USD 41.08 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 2.6%.

This maize market research report extensively covers market segmentation by end-user (industrial, retail, and food service) and geography (North America, APAC, South America, Europe, and Middle East and Africa). The maize market report also offers information on several market vendors, including Alianz Global Groups Pty Ltd., Archer Daniels Midland Co., Associated British Foods plc, Balaji Exim, Bayer AG, Bunge Ltd., Cargill Inc., CGB Enterprises Inc., COFCO Corp., Exotic Exim, Fazaz Global Concepts LLC, Gombella Integrated Services Ltd., Greenfield Global Inc., Groupe Limagrain Holding, Ingredion Inc., Ista International General Trading LLC, Louis Dreyfus Co. BV, Maeddy Impex Pvt. Ltd., Roquette Freres SA, Tate and Lyle Plc, and Tereos Group among others. Furthermore, this reportprovides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Maize Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Maize Market Size for the Forecast Period and Other Important Statistics

 

Maize Market: Key Drivers, Trends, and Challenges

The increasing demand for maize as animal feed is notably driving the maize market growth, although factors such as logistics and distribution challenges may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the maize industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Maize Market Driver

  • One of the key factors driving the global maize market growth is the increasing demand for maize as animal feed.
  • In developing countries such as India, due to the population growth and the rising incomes of consumers, the consumption of meat and poultry has increased.
  • India is heavily dependent on maize as it constitutes around 50%-60% of the input required for broiler feed and 25%-35% of the input required for layer feed. Around 24 million metric tons of maize are consumed in India, out of which 13.5 million metric tons are used as poultry feed.
  • The Federation of Indian Chambers of Commerce  Industry (FCCI) has launched the maize mission in 2022 to promote and increase the production of maize in the country.
  • The increasing global demand for meat and poultry and the growing population of livestock will boost the demand for maize-based animal feed during the forecast period. 

Key Maize Market Trend

  • Growing demand for organically cultivated maize is one of the key maize market trends that is expected to impact the industry positively in the forecast period.
  • Organic maize cultivation is a productive and sustainable option.
  • Farmers who have small or medium-scale marginal farms have the opportunity to cultivate organic maize as their lands have not been contaminated with chemicals and synthetic fertilizers previously.
  • Small-scale maize farmers require considerable guidance to achieve organic certification. However, they can gain additional income from the premium price for organically cultivated maize. This is especially favorable if the organic maize is exported to the market in China, Mexico, and Japan, which largely rely on imports of maize.
  • The rise in demand for organically cultivated maize is expected to support the market growth in the coming years.

Key Maize Market Challenge

  • One of the key challenges to the global maize market growth is the logistics and distribution challenges.
  • The producers of maize and maize byproducts face transportation challenges such as the need to pay taxes at multiple checkpoints and the poor condition of roads, which can negatively affect the efficiency of freight distribution.
  • The lack of collection points and the lack of adequate storage and warehouse facilities can negatively affect inventory management.
  • There are various intermediaries in the market, including wholesalers, commission agents, and retailers.
  • The middlemen focus on avoiding any decline in revenues, which can result from gaps in inventory. There can be instances when a vendor is unable to supply a sufficient amount of maize.
  • To maintain the order fulfillment rate, the middlemen can approach multiple vendors of maize. These logistics and distribution challenges can negatively impact the growth of the global maize market during the forecast period.

This maize market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global maize market as a part of the global agricultural products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the maize market during the forecast period.

Who are the Major Maize Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alianz Global Groups Pty Ltd.
  • Archer Daniels Midland Co.
  • Associated British Foods plc
  • Balaji Exim
  • Bayer AG
  • Bunge Ltd.
  • Cargill Inc.
  • CGB Enterprises Inc.
  • COFCO Corp.
  • Exotic Exim
  • Fazaz Global Concepts LLC
  • Gombella Integrated Services Ltd.
  • Greenfield Global Inc.
  • Groupe Limagrain Holding
  • Ingredion Inc.
  • Ista International General Trading LLC
  • Louis Dreyfus Co. BV
  • Maeddy Impex Pvt. Ltd.
  • Roquette Freres SA
  • Tate and Lyle Plc
  • Tereos Group

 

This statistical study of the maize market encompasses successful business strategies deployed by the key vendors. The maize market is fragmented and the vendors are deploying growth strategies such as business expansion and product innovation to compete in the market.

Product Insights and News

  • Archer Daniels Midland Co. - The company is involved in offering maize, which is ideally used for a variety of bakery, baking mixes, and foodservice applications ranging from hot cereals to milk replacement formulas and specialty bread. 
  • Archer Daniels Midland Co. - In January 2022, the company partnered with Wolf Carbon Solutions to advance the decarbonization of ethanol production. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The maize market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Maize Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the maize market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Maize Market?

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39% of the market’s growth will originate from North America during the forecast period. US is the key market for maize in North America. Market growth in this region will be faster than the growth of the market in Europe and MEA.

The presence of some of the largest maize-producing countries such as the US and Mexico will facilitate the maize market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic had a negative impact on the regional maize market. The governments of various countries such as the US and Mexico had imposed nationwide lockdowns and COVID-19-related restrictions to curb the spread of the virus. This led to the closure of various manufacturing plants of textile, paper, pharmaceutical, and meatpacking industries. Thus, the demand for maize and its byproducts such as maize starch, maize oil, maize feed declined. Thus, owing to the negative impacts of the pandemic, the regional market is expected to witness moderate growth during the forecast period.

What are the Revenue-generating End-user Segments in the Maize Market?

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The maize market share growth by the industrial segment will be significant during the forecast period. The growth is attributed to the diverse industrial use of maize and its byproducts such as oil, starch, and alcohol. For instance, maize byproducts which are in the form of powder, such as maize starch, can be used as a filler in the manufacture of plastics, adhesives, glues, resins, and artificial leather. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the maize market size and actionable market insights on post COVID-19 impact on each segment.

 

Maize Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.6%

Market growth 2022-2026

$ 41.08 billion

Market structure

Fragmented

YoY growth (%)

2.2

Regional analysis

North America, APAC, South America, Europe, and Middle East and Africa

Performing market contribution

North America at 39%

Key consumer countries

US, China, Ukraine, Brazil, and Argentina

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alianz Global Groups Pty Ltd., Archer Daniels Midland Co., Associated British Foods plc, Balaji Exim, Bayer AG, Bunge Ltd., Cargill Inc., CGB Enterprises Inc., COFCO Corp., Exotic Exim, Fazaz Global Concepts LLC, Gombella Integrated Services Ltd., Greenfield Global Inc., Groupe Limagrain Holding, Ingredion Inc., Ista International General Trading LLC, Louis Dreyfus Co. BV, Maeddy Impex Pvt. Ltd., Roquette Freres SA, Tate and Lyle Plc, and Tereos Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Maize Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive maize market growth during the next five years
  • Precise estimation of the maize market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the maize industry across North America, APAC, South America, Europe, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of maize market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Industrial - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Industrial - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Industrial - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Industrial - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
    • 5.4 Retail - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Retail - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Retail - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Retail - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Retail - Year-over-year growth 2021-2026 (%)
    • 5.5 Food service - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Food service - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Food service - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Food service - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Food service - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.6 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Brazil - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on Brazil - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
    • 7.11 Argentina - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Argentina - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on Argentina - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on Argentina - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Argentina - Year-over-year growth 2021-2026 (%)
    • 7.12 Ukraine - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Ukraine - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on Ukraine - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on Ukraine - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Ukraine - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Archer Daniels Midland Co.
              • Exhibit 93: Archer Daniels Midland Co. - Overview
              • Exhibit 94: Archer Daniels Midland Co. - Business segments
              • Exhibit 95: Archer Daniels Midland Co. - Key news
              • Exhibit 96: Archer Daniels Midland Co. - Key offerings
              • Exhibit 97: Archer Daniels Midland Co. - Segment focus
            • 10.4 Associated British Foods plc
              • Exhibit 98: Associated British Foods plc - Overview
              • Exhibit 99: Associated British Foods plc - Business segments
              • Exhibit 100: Associated British Foods plc - Key offerings
              • Exhibit 101: Associated British Foods plc - Segment focus
            • 10.5 Bayer AG
              • Exhibit 102: Bayer AG - Overview
              • Exhibit 103: Bayer AG - Business segments
              • Exhibit 104: Bayer AG - Key news
              • Exhibit 105: Bayer AG - Key offerings
              • Exhibit 106: Bayer AG - Segment focus
            • 10.6 Bunge Ltd.
              • Exhibit 107: Bunge Ltd. - Overview
              • Exhibit 108: Bunge Ltd. - Business segments
              • Exhibit 109: Bunge Ltd. - Key news
              • Exhibit 110: Bunge Ltd. - Key offerings
              • Exhibit 111: Bunge Ltd. - Segment focus
            • 10.7 Cargill Inc.
              • Exhibit 112: Cargill Inc. - Overview
              • Exhibit 113: Cargill Inc. - Product / Service
              • Exhibit 114: Cargill Inc. - Key news
              • Exhibit 115: Cargill Inc. - Key offerings
            • 10.8 CGB Enterprises Inc.
              • Exhibit 116: CGB Enterprises Inc. - Overview
              • Exhibit 117: CGB Enterprises Inc. - Product / Service
              • Exhibit 118: CGB Enterprises Inc. - Key offerings
            • 10.9 Greenfield Global Inc.
              • Exhibit 119: Greenfield Global Inc. - Overview
              • Exhibit 120: Greenfield Global Inc. - Product / Service
              • Exhibit 121: Greenfield Global Inc. - Key news
              • Exhibit 122: Greenfield Global Inc. - Key offerings
            • 10.10 Groupe Limagrain Holding
              • Exhibit 123: Groupe Limagrain Holding - Overview
              • Exhibit 124: Groupe Limagrain Holding - Business segments
              • Exhibit 125: Groupe Limagrain Holding - Key offerings
              • Exhibit 126: Groupe Limagrain Holding - Segment focus
            • 10.11 Louis Dreyfus Co. BV
              • Exhibit 127: Louis Dreyfus Co. BV - Overview
              • Exhibit 128: Louis Dreyfus Co. BV - Business segments
              • Exhibit 129: Louis Dreyfus Co. BV - Key offerings
              • Exhibit 130: Louis Dreyfus Co. BV - Segment focus
            • 10.12 Tate and Lyle Plc
              • Exhibit 131: Tate and Lyle Plc - Overview
              • Exhibit 132: Tate and Lyle Plc - Business segments
              • Exhibit 133: Tate and Lyle Plc - Key news
              • Exhibit 134: Tate and Lyle Plc - Key offerings
              • Exhibit 135: Tate and Lyle Plc - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 11.5 List of abbreviations
                • Exhibit 142: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The maize market growth will increase by $41.08 billion during 2022-2026.
              The maize market is expected to grow at a CAGR of 2.6% during 2022-2026.
              Technavio has segmented the maize market by end-user (Industrial, Retail, and Food service) and geographic (North America, APAC, South America, Europe, and Middle East and Africa).
              Alianz Global Groups Pty Ltd., Archer Daniels Midland Co., Associated British Foods plc, Balaji Exim, Bayer AG, Bunge Ltd., Cargill Inc., CGB Enterprises Inc., COFCO Corp., Exotic Exim, Fazaz Global Concepts LLC, Gombella Integrated Services Ltd., Greenfield Global Inc., Groupe Limagrain Holding, Ingredion Inc., Ista International General Trading LLC, Louis Dreyfus Co. BV, Maeddy Impex Pvt. Ltd., Roquette Freres SA, Tate and Lyle Plc, Tereos Group are a few of the key vendors in the maize market.
              North America will register the highest growth rate of 38.83% among the other regions. Therefore, the maize market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • China
              • Ukraine
              • Brazil
              • Argentina
              The key factors driving the maize market growth are:
              • Increasing demand for maize as animal feed
              • Growing demand for organically cultivated maize
              The maize market vendors should focus on grabbing business opportunities from the industrial segment as it accounted for the largest market share in the base year.
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