Need a report that reflects how COVID-19 has impacted this market and its growth?
The African maize market is projected to register a CAGR of 4.3% during the forecast period, 2022-2027.
The movement restrictions as part of safety measures put in place by countries in Sub-Saharan Africa (SSA) due to the COVID-19 pandemic have implications on food security. These measures are affecting important staple crops in the region, and they are likely to exacerbate food security challenges in many countries. Achieving adequate food supply in the region requires developing better policies and packages to confront the challenge of reducing hunger post the pandemic. Planning after the COVID-19 crisis will be very important for African countries to rethink their strategies and policies for sustainable economic growth, as COVID-19 may have significant impacts on the agriculture sector, including maize.
Africa consumes 30.0% of the maize produced in the world, with Sub-Saharan Africa alone accounting for 21.0% of the consumption. Around 14 countries in Africa consume 85.0-95.0% of maize as their staple food and are more inclined to white maize consumption, with a consumption share of around 90.0%. Thus, white maize gets a premium price in the country. Most of the maize is produced in rain-fed areas. However, it is also grown in the drought and famine conditions of Africa. The total harvested area under maize in the region was around 43 million hectares in 2020. South Africa is the largest producer of maize in Africa, followed by Nigeria.
Scope of the Report
Maize is one of the cereal grains commonly known as corn and is a major cereal crop grown in the region. The African maize market provides the production (volume), consumption (value and volume), and trade in terms of import (value and volume), export (value and volume), and price trend analysis of maize in Africa. The market is segmented by geography( South Africa, Ethiopia, Zambia, Nigeria, and Malawi). The report offers the market estimation and forecasts in value (USD thousand) and volume (metric ton) for the above-mentioned segments.
|Geography (Production Analysis by Volume, Consumption Analysis by Volume and Value, Import Analysis by Volume and Value, Export Analysis by Volume and Value, and Price Trend Analysis)|
Key Market Trends
Increasing Demand from the Animal Feed Industry
Cereals are the most widely used ingredient in feeds across the world. Maize is the most common type of cereal ingredient used in the manufacturing of feed in the region. Increasing the cattle population alternatively leads to the demand for animal feed production. According to Alltech Global Feed Survey, in 2020, a total of 43 million metric ton of feed was produced in the African region alone. As maize is the major ingredient used in feed manufacturing, the demand for maize production increased. According to FAO, total cattle stocks increased to 8.1% in 2020 compared to 2017. Maize as a feed ingredient can increase egg production in poultry and meat mass in other animals. This, in turn, has stimulated the demand for maize as a feed ingredient in the region.
To understand key trends, Download Sample Report
Increasing Maize Production in South Africa
South Africa is the largest and most active producer of maize in Africa. South Africa has a relatively dry climate that contributes to a unique hardness and whiteness, which is of great importance to the milling industry. Hard maize ensures a higher-quality product and yield per ton, while whiteness is of importance to the consumer market. In South Africa, approximately 65.0% of the maize produced for human consumption is white, whereas the remaining 35.0% is yellow and used for animal feed.
However, maize production in the region is being continuously and severely affected by threats, such as weeds, insects, bacteria, viruses, nematodes, fungi, low-quality seed, low levels of mechanization, suboptimal post-harvest management, drought, and climate change. Even among all these factors, South Africa remains the top maize producing country in the region, which may boost the demand in the African maize market during the forecast period.
To understand geography trends, Download Sample Report
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
5. MARKET SEGMENTATION
5.1 Geography (Production Analysis by Volume, Consumption Analysis by Volume and Value, Import Analysis by Volume and Value, Export Analysis by Volume and Value, and Price Trend Analysis)
5.1.1 South Africa
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
7. AN ASSESSMENT OF THE IMPACT OF COVID-19 ON THE MARKET
You can also purchase parts of this report. Do you want to check out a section wise price list?
Frequently Asked Questions
What is the study period of this market?
The Africa Maize Market market is studied from 2017 - 2027.
What is the growth rate of Africa Maize Market?
The Africa Maize Market is growing at a CAGR of 4.3% over the next 5 years.