Enjoy complimentary customisation on priority with our Enterprise License!
The maize market size is forecast to increase by USD 34.7 billion at a CAGR of 2.21% between 2023 and 2028. The market is driven by the rising demand for maize as a primary ingredient in various industries, including food processing and animal feed production. In the food sector, maize is extensively used in the production of corn syrup, corn flour, tortillas, and thickening agents such as cornstarch and corn oil. These products are essential in cooking and food manufacturing. However, the market faces several challenges, including logistics and distribution issues. Maize is a bulky and perishable crop, making efficient storage and warehouse management essential to maintain its quality and prevent losses. The complex supply chain, from farmers to consumers, requires effective coordination and management to ensure a steady flow of maize to meet the increasing demand. In the industrial sector, maize serves as a feedstock for the production of alcohol, with whiskey and vodka being notable examples. Furthermore, maize is also used as a raw material in the pharmaceutical industry for medication tablets. However, the market faces challenges in logistics and distribution due to the bulky nature and perishable characteristics of maize. Additionally, the increasing preference for organically cultivated maize is another trend shaping the market landscape.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.