According to the FAO, maize production for 2016 was 1.1 billion metric tons. The United States was the largest producer, occupying a maize production volume amounting to about 385 million metric tons. Maize is one of the most important crops in the United States. Over the last five years, the country's maize farmers have been experiencing constant increases in their annual revenues. In 2014, the revenue of the United States maize farming reached USD 63 billion. During the same year, the United States was responsible for more than one-third of the global maize production.
The maize value chain is an integrated process wherein various business entities (i.e., suppliers, manufacturers, distributors, and retailers) work together in an effort to acquire raw materials, to convert the raw materials into final products, and then finally deliver these final products to the end users, after adding some value to it.
As per our analysis, the key impediments to maize production amongst smallholder farmers in Sub-Saharan Africa include production, that is, only a few farmers use fertilizer or purchase improved seeds. There is high uncertainty about rainfall and lack of credit further constrains the market.
Storage is limited by liquidity constraints, capacity, and high storage losses. The sales of maize are highly fragmented among a small number of farmers. Farmers are predominantly selling small amounts of maize in the village to traders. Farmers also lack information about prices in nearby markets and do not have cost-effective means of transporting maize individually. However, low levels of trust between farmers limit collective sales or transportation.
1.1 Market Definition
1.2 Key Findings of the Study
2. Research Scope & Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Overview
3.1 Supply Chain Analysis
3.1.1 Detailed Supply Chain Structure
3.1.2 Issues with Supply Chain Structure
3.2 Value Chain Analysis
3.2.1 Detailed Value Chain Structure
3.2.2 Issues with Value Chain Structure
4.1 Industry Outlook