Global Corn Market (Production, Consumption, Exports, Imports & Yield): (2019-2023)
The largest corn market is the United States owing to increasing corn production and improving technology advancement which contributed to the corn yield growth in the US.
By: Koncept Analytics
The global corn market is mainly used for food, animal feeding and industrial uses. In the corn market, animal feeding usage accounted for the highest share in 2018. Increasing demand for animal feed is forecasted to rise due to increasing demand for livestock and consumer preferences. Consumption is estimated to be higher, mainly driven by the demand for animal feed and use of ethanol fuel.
The largest corn market is the United States owing to increasing corn production and improving technology advancement which contributed to the corn yield growth in the US. The US and Asia Pacific are highly established premium markets that contribute to significant shares in the global market. Increasing interest of the consumers in nutritionally enriched products in India propelled the consumption of corn in the market. EU represents one of the largest markets for corn and is already a well-penetrated market.
Scope of the report:
• The report provides a comprehensive analysis of the global corn market, mainly used for food, animal feeding and industrial uses.
• The major regional markets (Argentina, Brazil, China, The US, EU, India, and South Africa) have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Archer Daniels Midland Company, Bunge Limited, Andersons, Inc., Green Plains Inc., Ingredion Inc. and Cargill Inc.) are also presented in detail.
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