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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424017

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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424017

Corn Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By End-Use (Food & Beverages, Animal Feed, Industrial Use, Ethanol Production, Others); By Region; Segment Forecast, 2024 - 2032

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The global corn market size is expected to reach USD 410.02 billion by 2032, according to a new study by Polaris Market Research. The report "Corn Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By End-Use (Food & Beverages, Animal Feed, Industrial Use, Ethanol Production, Others); By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing demand for corn for feed and ethanol production, as it is rich in various antioxidants such as phytosterols and phenols, is a key factor propelling the market's growth. Increasing people's interest in bio-based and sustainability products has resulted in increased demand for corn-based materials in industries including chemicals, textiles, and packaging. Additionally, companies are implementing the development of new solutions to improving corn crop yields and helping farmers safeguard their crops from the effects of rootworms, which, in turn, will positively influence the market's growth.

For instance, in November 2023, AMVAC GrrenSolutions announced the launch of its new product named "BioWake Prime," which is developed to help corn growers safeguard their crops against the effects of corn rootworms. It is an EPA-registered bioinsecticide that activates corn self-defense against corn rootworms.

Furthermore, the rising proliferation of policies and programs promoting biofuels, like ethanol blending mandates and a growing number of subsidies encouraging farmers to increase corn production, is likely to bode well for the global market. For instance, in December 2023, the governments of Maharashtra and Karnataka announced that they would launch a new scheme for assured procurement of maize for the production of ethanol for blending with ethanol.

For many years, farmers across the globe have been confronted with harsh or difficult weather conditions during the key period of corn cropping, thereby companies are developing solutions for specific areas of corn crops. For example, LIDEA innovates with HI CORN for the flowering period, which is a combination of 2 hybrids to boost the number of days for pollination and also reduce the risk of the hot weather.

With the rising focus on the development of various new value-added products from corn and corn-based materials, including corn snacks, corn oil, and corn syrup, there is an emerging opportunity for both processors and manufacturers to cater to this market's needs and diversify their product offerings. For instance, in January 2023, Noodle Girl announced the launch of a new crispy corn snack, which Chef Hang's mother developed. The newly launched corn snacks are available to purchase at La Cocina in San Francisco and also at the company's website for USD 5.50.

Corn Market Report Highlights

The conventional segment accounted for a noteworthy share due to the adoption of advanced agricultural technologies and the ability to improve crop yields

The food & beverages segment held the majority share on account of growing food consumption and advancements in food processing techniques

Asia Pacific region dominated the global market, owing to increased livestock production and the presence of supportive initiatives or programs

The key market players include Konica Minolta Sensing Europe, Solaris Technology Industry, Tata Power Solar Systems, SunPower Corporation, and Solar Frontier

Polaris Market Research has segmented the corn market report based on nature, end-use, and region:

Corn, Nature Outlook (Revenue - USD Billion, 2019 - 2032)

  • Organic
  • Conventional

Corn, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Food & Beverages
  • Animal Feed
  • Industrial Use
  • Ethanol Production
  • Others

Corn, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Product Code: PM4325

Table of Contents

1. Introduction

  • 1.1. Report Description
    • 1.1.1. Objectives of the Study
    • 1.1.2. Market Scope
    • 1.1.3. Assumptions
  • 1.2. Stakeholders

2. Executive Summary

  • 2.1. Market Highlights

3. Research Methodology

  • 3.1. Overview
    • 3.1.1. Data Mining
  • 3.2. Data Sources
    • 3.2.1. Primary Sources
    • 3.2.2. Secondary Sources

4. Global Corn Market Insights

  • 4.1. Corn Market - Industry Snapshot
  • 4.2. Corn Market Dynamics
    • 4.2.1. Drivers and Opportunities
      • 4.2.1.1. Growing technological advancements in agriculture driving the global market
      • 4.2.1.2. Rising population that results in increased demand for corn and corn-based products to drive market's growth
    • 4.2.2. Restraints and Challenges
      • 4.2.2.1. Unfavorable trade polices & tariffs and weather volatility likely to hamper market
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers (Moderate)
    • 4.3.2. Threats of New Entrants: (Low)
    • 4.3.3. Bargaining Power of Buyers (Moderate)
    • 4.3.4. Threat of Substitute (Moderate)
    • 4.3.5. Rivalry among existing firms (High)
  • 4.4. PESTLE Analysis
  • 4.5. Corn Industry trends
  • 4.6. Value Chain Analysis
  • 4.7. COVID-19 Impact Analysis

5. Global Corn Market, by Nature

  • 5.1. Key Findings
  • 5.2. Introduction
    • 5.2.1. Global Corn, by Nature, 2019-2032 (USD Billion)
  • 5.3. Organic
    • 5.3.1. Global Corn Market, by Organic, by Region, 2019-2032 (USD Billion)
  • 5.4. Conventional
    • 5.4.1. Global Corn Market, by Conventional, by Region, 2019-2032 (USD Billion)

6. Global Corn Market, by End-Use

  • 6.1. Key Findings
  • 6.2. Introduction
    • 6.2.1. Global Corn Market, by End-Use, 2019-2032 (USD Billion)
  • 6.3. Food & Beverages
    • 6.3.1. Global Corn Market, by Food & Beverages, by Region, 2019-2032 (USD Billion)
  • 6.4. Animal Feed
    • 6.4.1. Global Corn Market, by Animal Feed, by Region, 2019-2032 (USD Billion)
  • 6.5. Industrial Use
    • 6.5.1. Global Corn Market, by Industrial Use, by Region, 2019-2032 (USD Billion)
  • 6.6. Ethanol Production
    • 6.6.1. Global Corn Market, by Ethanol Production, by Region, 2019-2032 (USD Billion)
  • 6.7. Others
    • 6.7.1. Global Corn Market, by Others, by Region, 2019-2032 (USD Billion)

7. Global Corn Market, by Geography

  • 7.1. Key findings
  • 7.2. Introduction
    • 7.2.1. Corn Market Assessment, By Geography, 2019-2032 (USD Billion)
  • 7.3. Corn Market - North America
    • 7.3.1. North America: Corn Market, by End-Use, 2019-2032 (USD Billion)
    • 7.3.2. North America: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.3.3. Corn Market - U.S.
      • 7.3.3.1. U.S.: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.3.3.2. U.S.: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.3.4. Corn Market - Canada
      • 7.3.4.1. Canada: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.3.4.2. Canada: Corn Market, by Nature, 2019-2032 (USD Billion)
  • 7.4. Corn Market - Europe
    • 7.4.1. Europe: Corn Market, by End-Use, 2019-2032 (USD Billion)
    • 7.4.2. Europe: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.3. Corn Market - UK
      • 7.4.3.1. UK: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.3.2. UK: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.4. Corn Market - France
      • 7.4.4.1. France: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.4.2. France: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.5. Corn Market - Germany
      • 7.4.5.1. Germany: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.5.2. Germany: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.6. Corn Market - Italy
      • 7.4.6.1. Italy: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.6.2. Italy: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.7. Corn Market - Spain
      • 7.4.7.1. Spain: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.7.2. Spain: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.8. Corn Market - Netherlands
      • 7.4.8.1. Netherlands: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.8.2. Netherlands: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.4.9. Corn Market - Russia
      • 7.4.9.1. Russia: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.4.9.2. Russia: Corn Market, by Nature, 2019-2032 (USD Billion)
  • 7.5. Corn Market - Asia Pacific
    • 7.5.1. Asia Pacific: Corn Market, by End-Use, 2019-2032 (USD Billion)
    • 7.5.2. Asia Pacific: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.5.3. Corn Market - China
      • 7.5.3.1. China: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.5.3.2. China: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.5.4. Corn Market - India
      • 7.5.4.1. India: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.5.4.2. India: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.5.5. Corn Market - Malaysia
      • 7.5.5.1. Malaysia: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.5.5.2. Malaysia: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.5.6. Corn Market - Japan
      • 7.5.6.1. Japan: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.5.6.2. Japan: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.5.7. Corn Market - Indonesia
      • 7.5.7.1. Indonesia: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.5.7.2. Indonesia: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.5.8. Corn Market - South Korea
      • 7.5.8.1. South Korea: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.5.8.2. South Korea: Corn Market, by Nature, 2019-2032 (USD Billion)
  • 7.6. Corn Market - Middle East & Africa
    • 7.6.1. Middle East & Africa: Corn Market, by End-Use, 2019-2032 (USD Billion)
    • 7.6.2. Middle East & Africa: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.6.3. Corn Market - Saudi Arabia
      • 7.6.3.1. Saudi Arabia: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.6.3.2. Saudi Arabia: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.6.4. Corn Market - UAE
      • 7.6.4.1. UAE: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.6.4.2. UAE: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.6.5. Corn Market - Israel
      • 7.6.5.1. Israel: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.6.5.2. Israel: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.6.6. Corn Market - South Africa
      • 7.6.6.1. South Africa: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.6.6.2. South Africa: Corn Market, by Nature, 2019-2032 (USD Billion)
  • 7.7. Corn Market - Latin America
    • 7.7.1. Latin America: Corn Market, by End-Use, 2019-2032 (USD Billion)
    • 7.7.2. Latin America: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.7.3. Corn Market - Mexico
      • 7.7.3.1. Mexico: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.7.3.2. Mexico: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.7.4. Corn Market - Brazil
      • 7.7.4.1. Brazil: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.7.4.2. Brazil: Corn Market, by Nature, 2019-2032 (USD Billion)
    • 7.7.5. Corn Market - Argentina
      • 7.7.5.1. Argentina: Corn Market, by End-Use, 2019-2032 (USD Billion)
      • 7.7.5.2. Argentina: Corn Market, by Nature, 2019-2032 (USD Billion)

8. Competitive Landscape

  • 8.1. Expansion and Acquisition Analysis
    • 8.1.1. Expansion
    • 8.1.2. Acquisitions
  • 8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

  • 9.1. Agrium Inc. (Canada)
    • 9.1.1. Company Overview
    • 9.1.2. Financial Performance
    • 9.1.3. Product Benchmarking
    • 9.1.4. Recent Development
  • 9.2. Archer Daniels Midland Company (United States)
    • 9.2.1. Company Overview
    • 9.2.2. Financial Performance
    • 9.2.3. Product Benchmarking
    • 9.2.4. Recent Development
  • 9.3. Bunge Limited (United States)
    • 9.3.1. Company Overview
    • 9.3.2. Financial Performance
    • 9.3.3. Product Benchmarking
    • 9.3.4. Recent Development
  • 9.4. Cargill Incorporated (United States)
    • 9.4.1. Company Overview
    • 9.4.2. Financial Performance
    • 9.4.3. Product Benchmarking
    • 9.4.4. Recent Development
  • 9.5. China National Cereals (China)
    • 9.5.1. Company Overview
    • 9.5.2. Financial Performance
    • 9.5.3. Product Benchmarking
    • 9.5.4. Recent Development
  • 9.6. Cofco Agri Ltd. (China)
    • 9.6.1. Company Overview
    • 9.6.2. Financial Performance
    • 9.6.3. Product Benchmarking
    • 9.6.4. Recent Development
  • 9.7. DowDuPont (United States)
    • 9.7.1. Company Overview
    • 9.7.2. Financial Performance
    • 9.7.3. Product Benchmarking
    • 9.7.4. Recent Development
  • 9.8. Louis Dreyfus Company (China)
    • 9.8.1. Company Overview
    • 9.8.2. Financial Performance
    • 9.8.3. Product Benchmarking
    • 9.8.4. Recent Development
  • 9.9. Monsanto Company (United States)
    • 9.9.1. Company Overview
    • 9.9.2. Financial Performance
    • 9.9.3. Product Benchmarking
    • 9.9.4. Recent Development
  • 9.10. Syngenta AG (Switzerland)
    • 9.10.1. Company Overview
    • 9.10.2. Financial Performance
    • 9.10.3. Product Benchmarking
    • 9.10.4. Recent Development
  • 9.11. Wilmar International Limited (Singapore)
    • 9.11.1. Company Overview
    • 9.11.2. Financial Performance
    • 9.11.3. Product Benchmarking
    • 9.11.4. Recent Development
  • 9.12. Yara International (Norway)
    • 9.12.1. Company Overview
    • 9.12.2. Financial Performance
    • 9.12.3. Product Benchmarking
    • 9.12.4. Recent Development
Product Code: PM4325

List of Tables

  • Table 1 Global Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 2 Global Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 3 Corn Market Assessment, By Geography, 2019-2032 (USD Billion)
  • Table 4 North America: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 5 North America: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 6 U.S.: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 7 U.S.: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 8 Canada: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 9 Canada: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 10 Europe: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 11 Europe: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 12 UK: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 13 UK: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 14 France: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 15 France: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 16 Germany: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 17 Germany: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 18 Italy: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 19 Italy: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 20 Spain: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 21 Spain: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 22 Netherlands: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 23 Netherlands: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 24 Russia: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 25 Russia: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 26 Asia Pacific: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 27 Asia Pacific: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 28 China: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 29 China: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 30 India: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 31 India: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 32 Malaysia: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 33 Malaysia: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 34 Japan: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 35 Japan: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 36 Indonesia: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 37 Indonesia: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 38 South Korea: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 39 South Korea: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 40 Middle East & Africa: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 41 Middle East & Africa: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 42 Saudi Arabia: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 43 Saudi Arabia: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 44 UAE: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 45 UAE: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 46 Israel: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 47 Israel: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 48 South Africa: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 49 South Africa: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 50 Latin America: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 51 Latin America: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 52 Mexico: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 53 Mexico: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 54 Brazil: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 55 Brazil: Corn Market, by Nature, 2019-2032 (USD Billion)
  • Table 56 Argentina: Corn Market, by End-Use, 2019-2032 (USD Billion)
  • Table 57 Argentina: Corn Market, by Nature, 2019-2032 (USD Billion)

List of Figures

  • Figure 1 Global Corn Market, 2019-2032 (USD Billion)
  • Figure 2 Integrated Ecosystem
  • Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
  • Figure 4 Market by Geography
  • Figure 5 Porter's Five Forces
  • Figure 6 Market by End-Use
  • Figure 7 Global Corn Market, by End-Use, 2022 & 2032 (USD Billion)
  • Figure 8 Market by Nature
  • Figure 9 Global Corn Market, by Nature, 2022 & 2032 (USD Billion)
  • Figure 10 Corn Market Assessment, By Geography, 2019-2032 (USD Billion)
  • Figure 11 Strategic Analysis - Corn Market
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