Maize Market Outlook - Industry Size & Insights 2025-2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Maize Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Crop Type (White Corn, Yellow Corn, Blue Corn, and Others), Category (Conventional and Organic), and Application (Food and Beverages [Breads and Rolls; Biscuits, Cookies, and Crackers; Snacks; Breakfast Cereals; and Others], Animal Feed, Pharmaceuticals and Nutraceuticals, Agriculture, and Biofuel)

  • Report Date : Sep 2025
  • Report Code : TIPRE00041002
  • Category : Food and Beverages
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 396
Page Updated: Sep 2025

The global maize market size is projected to reach US$ 274.32 billion by 2031 from US$ 220.20 billion in 2024. The market is expected to register a CAGR of 3.2% during 2025–2031.

Global Maize Market Analysis

The maize market is driven by the rising demand for food, animal feed, and biofuels worldwide. An increase in population and a rise in meat consumption boost the demand for maize in livestock feed, while increased ethanol production enhances its industrial use. Innovations such as climate-resilient seeds and improved farming practices present key opportunities for achieving higher yields. Additionally, the growing interest in sustainable agriculture creates avenues for environmentally friendly maize production. Trade liberalization and the growth of export markets, especially in Asia and Africa, further improve market prospects. These factors position maize as a vital commodity with strong growth potential in both developed and emerging economies.

Global Maize Market Overview

The global maize market is a vital component of the agricultural sector, driven by its diverse applications in food and animal feed Maize is one of the most widely grown cereal crops, with major producers including the US, China, Brazil, and Argentina. The demand continues to rise due to the growing population, changing dietary patterns, and increasing livestock production. Technological advancements in seed genetics and farming practices are enhancing productivity. However, the market faces challenges such as climate change, trade policies, and price volatility. Overall, maize remains a key staple with strong global demand and significant economic importance.

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Maize Market: Strategic Insights

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Global Maize Market Drivers and Opportunities

Market Drivers:

  • Rising Global Food and Feed Demand:

    Growing population and increasing meat consumption are driving the use of maize in food and animal feed.
  • Expansion of Biofuel Industry:

    The rising demand for ethanol, particularly in the US and Brazil, boosts industrial maize consumption.
  • Technological Advancements in Agriculture:

    Improved seed genetics, precision farming, and irrigation systems enhance maize productivity and efficiency.
  • Government Policies and Support

    Subsidies, minimum support prices, and export incentives are promoting maize cultivation globally.
  • Climate-Resilient Crop Development

    Investment in drought- and pest-resistant maize varieties is supporting stable production in changing climates.

Market Opportunities:

  • Expansion of Climate-Resilient Maize Varieties

    The demand for drought- and pest-tolerant hybrids opens new avenues in climate-affected regions.
  • Rising Demand for Organic and Non-GMO Maize

    The growing consumer preference for clean-label, organic, and non-GMO products boosts premium maize segments

  • Increased Use in Bio-based Products

    Maize is increasingly used in bioplastics, biodegradable packaging, and bio-based chemicals.
  • Growth in Emerging Markets

    Urbanization and income growth in Africa, Southeast Asia, and Latin America are driving maize consumption.
  • Value-Added Processing and Exports

    There are opportunities in producing and exporting starch, corn oil, and high-fructose corn syrup.

Global Maize Market Report Segmentation Analysis

The global maize market is divided into different segments to give a clearer view of how it works, its growth potential, and the latest trends. Below is the standard segmentation approach used in most industry reports:

By Crop Type:

  • White Corn

    White corn is primarily used for human consumption. In various regions, it is in demand for tortillas, snacks, and traditional dishes.
  • Yellow Corn

    The most widely cultivated type, yellow corn, dominates the market due to its extensive use in animal feed and industrial applications.
  • Blue Corn

    Known for its high antioxidant content, blue corn is gaining popularity in niche health food markets and specialty products.
  • Others

    Others include specialty and ornamental corn varieties, catering to specific industrial, culinary, or cultural uses.

By Category:

  • Conventional

    Conventional maize dominates global production, supported by high-yield seeds, chemical inputs, and large-scale farming practices.
  • Organic

    Organic maize is gaining traction due to the rising consumer demand for pesticide-free, non-GMO, and environmentally sustainable products.

By Application:

  • Food and Beverages

    Maize is widely used in food and beverage products due to its versatility, affordability, and nutritional value.
    • Breads and Rolls

      Corn flour and meal are commonly used in breads and rolls, especially in gluten-free and ethnic bakery items.
    • Biscuits, Cookies, and Crackers

      Maize-derived ingredients enhance texture and flavor in baked snacks such as cookies, biscuits, and crackers.
    • Snacks

      Maize is a key ingredient in popular snacks such as popcorn, corn chips, and extruded snack products.
    • Breakfast Cereals

      Corn-based cereals are a staple in many households, offering convenient and nutrient-rich breakfast options.
    • Others

      Others include maize usage in syrups, sauces, baby foods, and other processed foods for thickening and flavor.
  • Animal Feed

    Yellow maize is a major component in livestock and poultry feed due to its high energy content and digestibility.
  • Pharmaceuticals and Nutraceuticals

    Corn starch and derivatives are used as binders, fillers, and stabilizers in tablets and health supplements.
  • Agriculture

    Maize by-products like corn gluten meal are used as natural herbicides and soil enhancers in farming.
  • Biofuel

    Maize, particularly in the form of corn starch, is a major feedstock for ethanol production in the biofuel industry.

By Geography:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South and Central America

The maize market in the Asia Pacific is expected to witness the fastest growth, driven by increasing food and feed demand, rising population, and supportive government policies promoting modern farming practices.

Maize Market Regional Insights

The regional trends and factors influencing the Maize Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Maize Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Maize Market Report Scope

Report Attribute Details
Market size in 2024 US$ 220.20 Billion
Market Size by 2031 US$ 274.32 Billion
Global CAGR (2025 - 2031) 3.2%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Crop Type
  • White Corn
  • Yellow Corn
  • Blue Corn
  • Others
By Category
  • Conventional and Organic
By Application
  • Food and Beverages
  • Animal Feed
  • Pharmaceuticals and Nutraceuticals
  • Agriculture
  • Biofuel
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • The Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Elephant Group PLC
  • Grain Millers Inc
  • Corteva Inc
  • Clarkson Grain Company
  • Urif India Private Limited
  • Yedhant International
  • Savaliya Agri Commodity Export Pvt Ltd
  • Sainath Agro Industries
  • Baghel Agro Industries
  • Bunge Global SA

Maize Market Players Density: Understanding Its Impact on Business Dynamics

The Maize Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


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Global Maize Market Share Analysis by Geography

Asia Pacific is expected to grow rapidly in the next few years. Emerging markets in Asia Pacific also have many untapped opportunities for maize providers to expand.

The maize market grows differently across regions due to factors such as rising global demand for food and animal feed, expansion of the biofuel industry, advancements in agricultural technology, supportive government policies and subsidies, population growth, increased meat consumption, and the development of climate-resilient and sustainable farming practices. Below is a summary of market share and trends by region:

1. North America

  • Market Share:

    Leading global producer and exporter of maize
  • Key Drivers:

    • High demand for animal feed and biofuel production
    • Advanced agricultural technology adoption
    • Government support and subsidies
  • Trends:

    Increased focus on GMO and drought-resistant maize varieties

2. Europe

  • Market Share:

    Growing market with steady progress
  • Key Drivers:

    • Demand for organic and non-GMO maize
    • Environmental regulations and sustainability goals
    • Climate change affecting crop yields
  • Trends:

    Rise in sustainable farming practices and organic maize production

3. Asia Pacific

  • Market Share:

    Fastest-growing maize market globally
  • Key Drivers:

    • Population growth and rising food demand
    • Expansion of livestock industry, requiring more feed
    • Government initiatives supporting maize cultivation
  • Trends:

    Increased adoption of hybrid seeds and mechanized farming

4. Middle East and Africa

  • Market Share:

    Emerging market with high growth potential
  • Key Drivers:

    • Rising food security concerns
    • Increasing livestock production
    • International aid and development programs
  • Trends:

    Adoption of drought-tolerant maize varieties and improved irrigation techniques

5. South and Central America

  • Market Share:

    Significant maize producer and exporter
  • Key Drivers:

    • Large arable land availability
    • Growing biofuel industry
    • Investments in agricultural infrastructure
  • Trends:

    Expansion of maize acreage and focus on export markets

Global Maize Market Players Density: Understanding Its Impact on Business Dynamics

High Market Density and Competition

Competition is intense due to the presence of established players such as Corteva Inc, Bunge Global SA, Cargill Inc, and Archer-Daniels-Midland Co. Regional and niche providers such as Urif India Private Limited, Baghel Agro Industries, and TBI Corn Limited also add to the competitive landscape across different regions.

This high level of competition urges companies to stand out by offering:

  • Development of drought- and pest-resistant maize varieties
  • Precision agriculture using AI, IoT, and satellite monitoring
  • Sustainable farming practices and eco-friendly inputs

Opportunities and Strategic Moves

  • Adoption of sustainable and climate-smart farming practices
  • Diversification into high-value maize products like organic and non-GMO varieties
  • Investment in precision agriculture and smart farming technologies
  • Development of value-added maize products such as corn-based snacks and bio-based materials

Major Companies operating in the Global Maize Market are:

  1. Elephant Group PLC
  2. Grain Millers Inc
  3. Corteva Inc
  4. Clarkson Grain Company
  5. Bunge Global SA
  6. TBI Corn Limited
  7. Cargill Inc
  8. Nutrich CornGrits
  9. Limagrain Ingredients SAS
  10. Archer-Daniels-Midland Co

Disclaimer: The companies listed above are not ranked in any particular order.

Other companies analyzed during the course of research:

  1. Urif India Private Limited
  2. Yedhant International
  3. Savaliya Agri Commodity Export Pvt Ltd
  4. Sainath Agro Industries
  5. Baghel Agro IndustriQQes

Global Maize Market News and Recent Developments

  • Corteva Opens First Regional Integrated R&D Center in Eschbach, Germany

    Corteva Agriscience opened its first combined crop protection and seed research laboratory in EMEA. With almost EUR 6 million of investment, the expansion of the R&D site in Eschbach, Germany, enabled Corteva Agriscience to conduct state-of-the-art crop protection studies to develop solutions that protect crops from pests and diseases.
  • Corteva Signs Agreement to Acquire Stoller Group

    Corteva Inc and Stoller Group Inc had announced that Corteva had signed a definitive agreement to acquire Houston-based Stoller.

Global Maize Market Report Coverage and Deliverables

The "Global Maize Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering the following areas:

  • Global maize market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Global maize market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed Porter’s and SWOT analysis
  • Global maize market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the global maize market
  • Detailed company profiles

Frequently Asked Questions

1

What would be the estimated value of the maize market by 2031?

The market size is projected to reach US$ 274.32 billion by 2031.
2

Which are the major players operating in the maize market?

Elephant Group PLC, Grain Millers Inc, Corteva Inc, Clarkson Grain Company, Urif India Private Limited, Yedhant International, Savaliya Agri Commodity Export Pvt Ltd, Sainath Agro Industries, Baghel Agro Industries, Bunge Global SA, TBI Corn Limited, Cargill Inc, Nutrich CornGrits, Limagrain Ingredients SAS, and Archer-Daniels-Midland Co are among the key players operating in the maize market.
3

Which region dominated the maize market in 2024?

Asia Pacific accounted for the largest share of the market in 2024.
4

What are the emerging trends in the maize market?

Growing demand for organic and non-GMO maize products, rising focus on climate-resilient and drought-tolerant maize hybrids, and growth in value-added maize products such as snacks, sweeteners, and bioplastics are likely to emerge as key trends in the market in the future.
5

What are the factors driving the maize market growth?

The rise in global demand for food and feed, the expansion of the biofuel industry, and supportive government policies are the major factors contributing to market growth.
Habi Ummer
Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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