South Africa Maize Market Size

Statistics for the 2023 & 2024 South Africa Maize market size, created by Mordor Intelligence™ Industry Reports. South Africa Maize size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South Africa Maize Industry

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South Africa Maize Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 2.52 Billion
Market Size (2029) USD 3.06 Billion
CAGR (2024 - 2029) 4.00 %
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South Africa Maize Market Analysis

The South Africa Maize Market size is estimated at USD 2.52 billion in 2024, and is expected to reach USD 3.06 billion by 2029, growing at a CAGR of 4% during the forecast period (2024-2029).

  • Maize production in South Africa has increased in the recent past. According to the Crop Estimates Committee (CEC), maize production increased by 6.0% during the 2020-2021 cropping season compared to the previous.
  • On a local level, maize is the most widely grown field crop and the most important source of carbohydrates in southern Africa. South Africa is currently the continent's leading maize producer, with the majority of output concentrated in the North West region, the Free State, the Mpumalanga Highveld, and the KwaZulu-Natal Midlands. Currently, white maize accounts for over half of the total output of human consumption. Regions such as Free State, Mpumalanga, and the North-West provinces accounted for 84.0% of the overall production of maize in the country in 2020-2021.
  • Maize By Products has a wide potential for various industries in the domestic market. According to Grain South Africa, maize by-products are currently being used in animal feed, food industry, textile and paper, pharmaceuticals, and the alcohol industry in South Africa. As these allied markets are increasing, the demand for maize is expected to grow during the forecast period.

Maize Production in South Africa Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)