Market Size of Argentina Maize Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 80.21 Billion |
| Market Size (2029) | USD 97.12 Billion |
| CAGR (2024 - 2029) | 3.90 % |
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Argentina Maize Market Analysis
The Argentina Maize Market size is estimated at USD 80.21 billion in 2024, and is expected to reach USD 97.12 billion by 2029, growing at a CAGR of 3.9% during the forecast period (2024-2029).
Argentina is the fourth largest maize producing country in the world and is the major exporter of maize. In South America, Argentina and Brazil account for more than 90% of the total maize trade. According to FAO, Argentina produced 43 million ton of maize in 2018 under the coverage of 7 million hectare of land. The consumption patterns of the maize crop in Argentina show that a major part of the maize produced is used as animal feed. Animal feed alone accounted for 75-80% of the total maize consumption in Argentina. Only 0.3 million metric ton of the total maize in Argentina is used in food processing.
