Market Size of United States Maize Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.10 % |
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US Maize Market Analysis
The United States maize market is projected to register a CAGR of 4.1% during the forecast period(2020-2025). The growing meat industry is creating a demand for more cereals, especially for maize as it is highly nutritious in terms of protein is used for feeding the livestock. A wide range of industrial applications and growing export markets is driving the maize market in the country during the forecast period. While the number of field farms for corn has declined in recent years, the acreage per corn farm has increased. According to the Food and Agriculture Organisation (FAO), in 2016, the area under maize production was 35.1 million ha which decreased to 33 million ha in 2018. Whereas the maize yield accounted for 117,433 hg/ha in 2016 has increased to 118639 hg/ha in 2018.
