Maize Market Report: Trends, Forecast and Competitive Analysis to 2030

Maize Trends and Forecast

The future of the global maize market looks promising with opportunities in the chemical, food & beverage, animal feed, and pharmaceutical markets. The global maize market is expected to reach an estimated $154.9 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are the growing demand for animal-based protein sources and growing health awareness among people in the developing countries.

A more than 150-page report is developed to help in your business decisions.

Maize by Segment

The study includes a forecast for the global maize by type, distribution channel, end use, and region.

Maize Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Field Maize
• Sweet Maize
• Popcorn
• Indian Maize

Maize Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Business to Business
• Business to Consumer

Maize Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Chemical
• Food & Beverages
• Animal Feed
• Pharmaceutical
• Others

Maize Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Maize Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies maize companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the maize companies profiled in this report include-

• Bayer
• Louis Dreyfus
• Limagrain
• Bunge
• Glencore

Maize Market Insights

Lucintel forecasts that field maize will remain the largest segment over the forecast period due to the increase in animal population and their rising need for food.

Within this market, chemical will remain the largest segment due to growing need of alternate fuel sources.

North America will remain the largest region over the forecast period due to the huge production of maize crops and their use as animal feed.

Features of the Global Maize Market

Market Size Estimates: Maize market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Maize market size by type, distribution channel, end use, and region in terms of value ($B).

Regional Analysis: Maize market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, distribution channels, end uses, and regions for the maize market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the maize market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the maize market size?

Answer: The global maize market is expected to reach an estimated $154.9 billion by 2030.

Q2. What is the growth forecast for maize market?

Answer: The global maize market is expected to grow with a CAGR of 2.8% from 2024 to 2030 .

Q3. What are the major drivers influencing the growth of the maize market?

Answer: The major drivers for this market are the growing demand for animal-based protein sources and growing health awareness among people in the developing countries.

Q4. What are the major segments for maize market?

Answer: The future of the maize market looks promising with opportunities in the chemical, food & beverage, animal feed, and pharmaceutical markets.

Q5. Who are the key maize market companies?

Answer: Some of the key maize companies are as follows.

• Bayer
• Louis Dreyfus
• Limagrain
• Bunge
• Glencore

Q6. Which maize market segment will be the largest in future?

Answer: Lucintel forecasts that field maize will remain the largest segment over the forecast period due to the increase in animal population and their rising need for food.

Q7. In maize market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the huge production of maize crops and their use as animal feed.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the maize market by type (field maize, sweet maize, popcorn, and indian maize), distribution channel (business to business and business to consumer), end use (chemical, food & beverages, animal feed, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?