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Asia Pacific Maize Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Asia-Pacific Maize Market is segmented by Production, Consumption, and Trade Analysis covering major countries, such as China, India, Indonesia, and the Philippines.

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Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.3 %

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Market Overview

The Asia-Pacific maize market is projected to record a CAGR of 4.3% during the forecast period (2020-2025). The maize acreage has increased continuously over the last decade due to strong government-supported policies to achieve self-sufficiency through domestic production and reducing imports. The rapid increase in the livestock industry and the commercial animal feed sector is driving the market for maize in the region.

Scope of the report

The report defines maize products, in terms of end users. For the purpose of this report, the market scope includes only maize or corns. The production, consumption, import, export, value chain, and pricing analysis have been provided for the Asia-Pacific maize market. The scope does not include maize seeds or maize seeds for sowing purposes. It includes only maize available for consumption purposes.

By Country
India
Production Analysis
Consumption Analysis (Volume and Value)
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
China
Production Analysis
Consumption Analysis (Volume and Value)
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Indonesia
Production Analysis
Consumption Analysis (Volume and Value)
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Philippines
Production Analysis
Consumption Analysis (Volume and Value)
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Rest of Asia-Pacific
Production Analysis
Consumption Analysis (Volume and Value)
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis

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Key Market Trends

Increasing Demand for Maize as Animal Feed Protein Source

The rapidly increasing demand from the regional poultry and cattle industry, as well as commercial animal feed, is driving the market growth for corn in the region. In India, most of the commercial feed caters to poultry and aqua farms, where maize is one of the primary ingredients in their animal feed. In China, maize is predominantly used for animal feed. The rapid increase in the demand for China's livestock products in the region and across the world has further stimulated the growth of the commercial feed industry, where corn is used as one of the major animal feed protein source. According to FAO, in 2018, the total meat production in the country was reported to be 88.15 million metric ton ,as compared to its production of 86.77 million metric ton in 2016. With an increase in the demand for corn in the regional animal feed industry, the market for corn is projected to grow during the forecast period.

asia-pacific-maize-market

Favorable Government Policies Supporting the Market Growth

Corn is one of the major crops grown in Asia-Pacific. China, India, Indonesia, and the Philippines are the major producers of corn in the region. The increasing demand for maize in the livestock feed sector and human food consumption has resulted in a trade deficit and depends on imports to meets its demand. In order to achieve self-sufficiency, the regional governments are coming up with proactive policies that boost domestic corn production in the region. The Chinese government has adopted a direct payment corn subsidy policy by allocating USD 4.51 billion to farmers in four provinces in northeastern China. In India, the government is providing Minimum Support Prices (MSPs) to promote domestic corn production. With an increase in government policies supporting regional corn production, the market growth for corn is expected to increase during the forecast period.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain/Supply Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Country

      1. 5.1.1 India

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis (Volume and Value)

        3. 5.1.1.3 Import Market Analysis (Volume and Value)

        4. 5.1.1.4 Export Market Analysis (Volume and Value)

        5. 5.1.1.5 Price Trend Analysis

      2. 5.1.2 China

        1. 5.1.2.1 Production Analysis

        2. 5.1.2.2 Consumption Analysis (Volume and Value)

        3. 5.1.2.3 Import Market Analysis (Volume and Value)

        4. 5.1.2.4 Export Market Analysis (Volume and Value)

        5. 5.1.2.5 Price Trend Analysis

      3. 5.1.3 Indonesia

        1. 5.1.3.1 Production Analysis

        2. 5.1.3.2 Consumption Analysis (Volume and Value)

        3. 5.1.3.3 Import Market Analysis (Volume and Value)

        4. 5.1.3.4 Export Market Analysis (Volume and Value)

        5. 5.1.3.5 Price Trend Analysis

      4. 5.1.4 Philippines

        1. 5.1.4.1 Production Analysis

        2. 5.1.4.2 Consumption Analysis (Volume and Value)

        3. 5.1.4.3 Import Market Analysis (Volume and Value)

        4. 5.1.4.4 Export Market Analysis (Volume and Value)

        5. 5.1.4.5 Price Trend Analysis

      5. 5.1.5 Rest of Asia-Pacific

        1. 5.1.5.1 Production Analysis

        2. 5.1.5.2 Consumption Analysis (Volume and Value)

        3. 5.1.5.3 Import Market Analysis (Volume and Value)

        4. 5.1.5.4 Export Market Analysis (Volume and Value)

        5. 5.1.5.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Asia Pacific Maize Market market is studied from 2016 - 2026.

The Asia Pacific Maize Market is growing at a CAGR of 4.3% over the next 5 years.

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