Argentina Grains Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.30 % |
Argentina Grains Market Analysis
The Argentine grains market is expected to register a CAGR of 6.3% for the forecast period (2020-2025). Grains and cereals are part of major diets in Argentina. These staple foods are the base of bread, pasta, muesli which are part of daily meals. Grains and cereals are also used as animal feed for cattle, chickens, fish and pigs. Furthermore, these commodities namely maize and soybean are an important part of the economy for Argentina, as they are highly exported agricultural products. The area of Argentinian land devoted to soybean cultivation is expected to continuously increase in the present decade which covers 16 million hectares of land. Besides being one of the main global producers of soybean, Argentina produces over six million tons of soybean oil per year, which makes it a third-largest producer of the edible oil globally.
Argentina Grains Market Trends
This section covers the major market trends shaping the Argentina Grains Market according to our research experts:
Cereals Dominate the Market
Maize, Wheat, Corn and Soybeans have turned out to be quite profitable for Argentina farmers. It is the third-largest exporter of corn and the sixth-largest exporter of wheat. Furthermore, these commodities play an important role in the South American economy is highly exported commodities. Domestic corn consumption in Argentina has soared in the past few years, with estimates surpassing the 15 million ton mark in 2019. Similarly, corn production is also expected to increase in the following years and the high export tax in soybean to encourage domestic consumption in Argentina Market is driving the production of grains in the market.
Cereals Export Dominate the Market in Terms of Value
The demand for cereals such as Soybean, Wheat, Barley and Maize is increasing due to a significant increase in animal feed demand. Production of crops like maize has significantly increased due to an increasing livestock population driving the demand from the feed industry. Maize and Protein concentrate traditionally comprise of more than 70% of farm-made diets. Henceforth, Argentina exports the cereals to major countries like Brazil, Algeria, Vietnam, Chile and Egypt. The 5-8% increase in the cereal export value from Argentina denotes the increase in demand for cereals globally. This trend is expected to continue well into the forecast period and this factor is expected to drive the Argentina market for grains during the period.
Argentina Grains Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain Analysis
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4.5 PESTLE Analysis
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5. MARKET SEGMENTATION
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5.1 By Crop Type
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5.1.1 Cereals
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5.1.1.1 Production Analysis
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5.1.1.2 Consumption Analysis and Market Value
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5.1.1.3 Import Market Analysis (Volume and Value)
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5.1.1.4 Export Market Analysis (Volume and Value)
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5.1.1.5 Price Trend Analysis
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5.1.2 Pulses
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5.1.2.1 Production Analysis
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5.1.2.2 Consumption Analysis and Market Value
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5.1.2.3 Import Market Analysis (Volume and Value)
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5.1.2.4 Export Market Analysis (Volume and Value)
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5.1.2.5 Price Trend Analysis
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5.1.3 Oilseeds
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5.1.3.1 Production Analysis
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5.1.3.2 Consumption Analysis and Market Value
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5.1.3.3 Import Market Analysis (Volume and Value)
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5.1.3.4 Export Market Analysis (Volume and Value)
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5.1.3.5 Price Trend Analysis
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6. International Trade and Price Scenarios
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6.1 Maize
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6.2 Rice
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6.3 Millet
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6.4 Sorghum
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6.5 Beans
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6.6 Cowpeas
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6.7 Soybean
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6.8 Groundnut
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6.9 Sesame
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Argentina Grains Industry Segmentation
The report defines pulses, cereals, and oil-seeds crops, in terms of the end-users. For the purpose of this report, the market scope includes only cereals, pulses and oilseed. The production, consumption, import, export, value chain, and pricing analysis have been provided for the Argentina Market. An insight into the emerging opportunities in the Argentina grains and cereals market been considered. An overview of the current government policies and their strategies, to promote the cultivation of grains and cereals in Argentina are covered in the report.
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Argentina Grains Market Research FAQs
What is the current Argentina Grains Market size?
The Argentina Grains Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)
What years does this Argentina Grains Market cover?
The report covers the Argentina Grains Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Grains Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Grains Industry Report
Statistics for the 2024 Argentina Grains market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Grains analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.