Market Size of Colombia Grains Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
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Colombia Grain Market Analysis
The Colombia Grain Market is projected to register a CAGR of 4.5% during the forecast period (2020-2025). Some of the major grains produced in the country are corn and rice. Despite corn being one of the major produced crops in the country, Colombia is not self-sufficient in terms of production of corn, it imports from other countries to fulfill its domestic demand. According to the Food and Agricultural Organization (FAO), Rice is the most widely cultivated cereal in the country with a production of 3.3 million metric tons, in 2018. Corn and sorghum are the second and third largest produced cereals in the country with a production quantity of 1.3 million metric tons and 0.01 million metric tons, respectively.Rising production of livestock and demand growing population will drive the production of grains in the country. Increasing imports is another driver that indicates the growth of the market.
