Market Size of Asia Pacific Maize Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 27.52 Billion |
Market Size (2029) | USD 33.97 Billion |
CAGR (2024 - 2029) | 4.30 % |
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Asia-Pacific Maize Market Analysis
The Asia Pacific Maize Market size is estimated at USD 27.52 billion in 2024, and is expected to reach USD 33.97 billion by 2029, growing at a CAGR of 4.30% during the forecast period (2024-2029).
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.