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 % |
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.
US Maize Industry Segmentation
The market studied for this report consists of maize traded both domestically and internationally. It does not include processed products manufactured using maize. The USA maize market analysis offers growth, production, consumption, trade and value chain analysis for the forecast period.
| Country Analysis | |
| Production Analysis | |
| Consumption Analysis and Market Value | |
| Import Analysis by Volume and Value | |
| Export Analysis by Volume and Value | |
| Price Trend Analysis |
United States Maize Market Size Summary
The United States maize market is experiencing a steady growth trajectory, driven by the increasing demand from the meat industry, which relies heavily on maize as a nutritious feed for livestock. This demand is further bolstered by the diverse industrial applications of maize, which include its use in the production of cereals, alcohol, syrup, and sweeteners, among others. Despite a decline in the number of corn farms, the acreage per farm has expanded, indicating a shift towards more intensive farming practices. The maize market is also supported by its significant role as the primary feed grain in the United States, accounting for a substantial portion of total feed grain production and use. This multifaceted demand is expected to sustain the growth of the maize market over the forecast period.
The United States stands as a leading global producer of maize, contributing a significant share to the world's total production. The country's maize production is not only substantial but also plays a crucial role in international trade, with major export destinations including Mexico, Japan, Colombia, and Korea. The United States' position in the global maize market is reinforced by its export capabilities, which account for a significant portion of the global maize trade. This robust export activity, coupled with the domestic demand for maize in various industrial applications, underscores the market's resilience and growth potential in the coming years.
United States Maize Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Country Analysis
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2.1.1 Production Analysis
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2.1.2 Consumption Analysis and Market Value
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2.1.3 Import Analysis by Volume and Value
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2.1.4 Export Analysis by Volume and Value
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2.1.5 Price Trend Analysis
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United States Maize Market Size FAQs
What is the current United States Maize Market size?
The United States Maize Market is projected to register a CAGR of 4.10% during the forecast period (2024-2029)
What years does this United States Maize Market cover?
The report covers the United States Maize Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Maize Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
