Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2021 |
| CAGR: | 2.8 % |
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Market Overview
The Brazil maize market is expected to register a CAGR of 2.8% for the forecast period (2020-2025), Brazil is one of the largest agriculture-based economies in the world and leads in the production of maize, coffee, sugar cane, dry beans, soybeans, beef, pork, and poultry. With a population of 200 million, According to FAO, Brazil is one of the major producers of maize which produces 82288.3 thousand tons in 2018. The use of maize as animal feed due to the high demand for meat products in the country is driving the maize market.
According to ITC trade, Brazil has increased its agricultural land and farm productivity very rapidly and is now considered one of the second largest exporters of maize, exporting maize worth of USD 4109.8 million across the world in 2018.
Scope of the report
The report defines maize products, in terms of the 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 Brazil Maize Market.
| Production Analysis | |
| Consumption Analysis and Market Value | |
| Import Market Analysis (Volume and Value) | |
| Export Market Analysis (Volume and Value) | |
| Price Trend Analysis |
Key Market Trends
Increasing Demand for Animal-based Protein Sources
Maize is one of the key ingredients of almost every type of compound feed for animal types, such as ruminants, poultry swine, and aquaculture. Hence, the rising demand for animal-based protein sources is likely to drive the market for maize at a global level. Population growth, rising incomes in developing nations, and urbanization have led to a surge in the global livestock consumption.
Consumption of animal protein have been found to be directly correlated to the consumption of milk, meat, and eggs, which is increasing at the expense of staple foods. The increasing pressure on the livestock industry has intensified in the recent years, to meet the rising demand for meat and high-value animal protein. Thus growing demand for animal based products indirectly contribute to the growth of maize market.
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Increasing Export Is Driving the Maize Production
According to the FAO over the past decade, Brazil’s maize production and exports have undergone a tremendous boom. Total production increased from 85 million tonnes in 2014-15 to nearly 98 million tonnes in 2017-18. This growth in output has enabled the country to increase its maize exports continuously.
The Brazilian economy is heavily dependent on agricultural exports, so the government has removed export duty on the agricultural produce. This will have a positive impact on the country’s maize exports. This increaisng export ooportunity encourages the maize production, which in turn impacts the market growth positively.
Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain Analysis
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5. MARKET SEGMENTATION
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5.1 Production Analysis
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5.1.1 Consumption Analysis and Market Value
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5.1.2 Import Market Analysis (Volume and Value)
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5.1.3 Export Market Analysis (Volume and Value)
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5.1.4 Price Trend Analysis
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Brazil Maize Market market is studied from 2016 - 2026.
What is the growth rate of Brazil Maize Market?
The Brazil Maize Market is growing at a CAGR of 2.8% over the next 5 years.
