Maize Market Size and Share

Maize Market (2025 - 2030)
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Maize Market Analysis by Mordor Intelligence

The maize market size is estimated at USD 310.80 billion in 2025 and is projected to reach USD 362.05 billion by 2030, at a CAGR of 3.1% during the forecast period. Sustained demand from animal feed, biofuel blending mandates, and starch-based industrial applications underpins this momentum, even as climate volatility and trade frictions introduce short-term price swings. Structural tailwinds include the worldwide shift toward higher-protein diets, rapid innovation in high-yield hybrids, and an accelerating build-out of on-farm grain storage that improves marketing flexibility. Competitive intensity is rising as leading traders streamline portfolios and seed companies commercialize short-stature hybrids that support denser plantings and mechanized harvesting. Meanwhile, policy resolutions such as the February 2025 lifting of Mexico’s biotech import ban underscore the pivotal role of trade frameworks in safeguarding uninterrupted grain flows.

Key Report Takeaways

  • North America commanded 35.2% of the maize market share in 2024. Asia-Pacific is projected to record the fastest regional growth at a 5.1% CAGR through 2030.

Geography Analysis

North America retained a commanding 35.2% maize market share in 2024. The region’s productivity edge derives from widespread precision-agriculture adoption, genetically advanced hybrids, and well-capitalized farm structures. The maize market benefits from coordinated logistics that move grain efficiently from Midwest farms to Gulf loading terminals, while policy stability around ethanol blending provides a predictable demand floor.

South America offers a contrasting picture of rapid acreage expansion coupled with infrastructure catch-up. Brazil is commissioning new corn-ethanol plants and twin-track rail lines that shorten travel times from Mato Grosso to Atlantic ports, thereby boosting farmer gate prices and reinforcing the region’s competitiveness in the maize market.[2]USDA FAS, "Biofuels Annual," apps.fas.usda.gov Brazil’s domestic corn consumption climbed 53% in the past decade, supported by surging meat and ethanol sectors that collectively underpin South America’s growing influence.

Asia-Pacific is projected to record the fastest regional growth at a 5.1% CAGR through 2030. Asia-Pacific’s consumption outpaces local production in several populous economies, necessitating large import programs and heightened exposure to freight and basis swings. Governments respond through strategic stockpiling and targeted support for domestic hybrid seed industries. India’s decision to raise corn-based ethanol procurement prices by 29% is accelerating local usage and incentivizing acreage gains.[3]USDA, "Surge in India Corn Consumption Shifts Regional Market Dynamics," fas.usda.gov Meanwhile, storage investments across North Africa and the Middle East mitigate import-timing risks and stabilize domestic milling margins. Africa, though still a net importer, is narrowing its shortfall via yield-boosting initiatives and better post-harvest infrastructure. Europe remains supply-constrained by environmental regulations, but expanded feed-grade corn imports help bridge protein demand, underscoring the interconnected nature of the maize market.

Maize Market CAGR (%), Growth Rate by Region
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Recent Industry Developments

  • June 2025: Argentina approved five new genetically modified corn varieties with traits for reduced plant height, insect resistance, and glyphosate tolerance. These genetic modifications aim to improve crop stability and farming adaptability, supporting Argentina's agricultural production and export capabilities.
  • August 2024: Himachal Pradesh established itself as the first Indian state to implement a minimum support price for naturally grown maize at INR 30 (USD 0.34) per kg. This policy aims to provide fair compensation to farmers while encouraging chemical-free farming methods.
  • August 2024: India introduced six new maize varieties, including biofortified and popcorn hybrids, developed for specific agro-climatic zones and growing seasons (Kharif and Rabi). These varieties feature high yield potential, pest resistance, provitamin-A enrichment, and enhanced popping characteristics, addressing both nutritional and agricultural requirements.

Table of Contents for Maize Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand for animal feed
    • 4.2.2 Growing biofuel blending mandates
    • 4.2.3 Technological advancements in high-yield GM hybrids
    • 4.2.4 Favorable trade policies and tariff reductions
    • 4.2.5 Rapid build-out of high-capacity grain storage infrastructure
    • 4.2.6 Booming demand for corn-based sweeteners and starches
  • 4.3 Market Restraints
    • 4.3.1 Climate change-driven yield volatility
    • 4.3.2 Escalating fertilizer and agro-input prices
    • 4.3.3 Geopolitical export restrictions and quotas
    • 4.3.4 Mycotoxin contamination tightening safety rules
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Value/Supply-Chain Analysis
  • 4.7 PESTLE Analysis

5. Market Size and Growth Forecasts (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)

  • 5.1 By Geography
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.1.3 Mexico
    • 5.1.2 South America
    • 5.1.2.1 Brazil
    • 5.1.2.2 Argentina
    • 5.1.3 Europe
    • 5.1.3.1 Spain
    • 5.1.3.2 Italy
    • 5.1.3.3 France
    • 5.1.3.4 Germany
    • 5.1.3.5 Russia
    • 5.1.4 Asia-Pacific
    • 5.1.4.1 India
    • 5.1.4.2 China
    • 5.1.4.3 Vietnam
    • 5.1.5 Middle East
    • 5.1.5.1 Turkey
    • 5.1.5.2 Saudi Arabia
    • 5.1.6 Africa
    • 5.1.6.1 South Africa
    • 5.1.6.2 Nigeria

6. Competitive Landscape

  • 6.1 List of Stakeholders
    • 6.1.1 ADM
    • 6.1.2 Cargill Incorporated
    • 6.1.3 Bunge Limited
    • 6.1.4 Louis Dreyfus Company
    • 6.1.5 COFCO International
    • 6.1.6 Viterra
    • 6.1.7 CHS Inc.
    • 6.1.8 Olam Agri
    • 6.1.9 GrainCorp
    • 6.1.10 Green Plains Inc.

7. Market Opportunities and Future Outlook

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Global Maize Market Report Scope

Maize is a cereal crop that is cultivated for feed and consumption purposes. It is known as the queen of cereals. The market studied for this report includes maize traded both domestically and internationally. It does not include processed products manufactured using maize. The maize market is segmented by geography (North America, South America, Europe, Asia-Pacific, and Africa). The report analyzes production (volume), consumption (value and volume), import (value and volume) export (value and volume), and price trend analysis of maize across the globe. The report offers market size and forecast in terms of value (USD) and volume (metric tons) for the above-mentioned segments.

By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Europe Spain
Italy
France
Germany
Russia
Asia-Pacific India
China
Vietnam
Middle East Turkey
Saudi Arabia
Africa South Africa
Nigeria
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Europe Spain
Italy
France
Germany
Russia
Asia-Pacific India
China
Vietnam
Middle East Turkey
Saudi Arabia
Africa South Africa
Nigeria
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Key Questions Answered in the Report

What is the current market size of Maize Market?

The Maize Market reached USD 310.8 billion in 2025 and is projected to rise to USD 362.05 billion by 2030.

Which region will add the most incremental feed demand for corn?

Asia-Pacific is set to contribute the largest volume gain as its poultry and swine sectors scale, supporting the region's 5.1% CAGR through 2030.

What technology offers the next big yield jump in corn farming?

Short-stature hybrids that allow denser plantings and better lodging resistance are now reaching commercial farms, providing double-digit bushel advantages over conventional varieties.

How are rising fertilizer prices affecting planting decisions?

Elevated nutrient costs encourage variable-rate applications, diversified rotations, and adoption of nitrogen-efficient hybrids, particularly among cost-sensitive growers.

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