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Argentina Corn Market Size, Share, Growth, Trends, Analysis: By Product: Organic, Conventional; By Application: Food and Beverages, Animal Feed, Ethanol Production, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Key Trends and Developments in the Market; 2024-2032
Argentina Corn Market Outlook
The Argentina corn market size is projected to expand at a CAGR of 0.60% between 2024 and 2032.
Key Takeaways
- Farmers in Argentina are adopting modern methods and sophisticated cultivation techniques, including precision farming, to enhance agricultural production.
- In the year 2022, Argentina emerged as the third-largest global exporter of corn, with a remarkable export value of $9.79B.
- Argentina’s planned corn shipments reached their peak in the first months of 2024, totalling 1.9 million metric tons, the highest in at least five years.
As per the Argentina corn market analysis, the increasing desire for nutritious and convenient food options and shifts in eating patterns has significantly influenced corn production. Corn is commonly recognised as a wholesome grain that offers a rich supply of protein, fibre, and essential vitamins. Popular corn-based snacks like sweet corn and popcorn are packed with various vitamins and minerals and can be consumed on-the-go.
Furthermore, Argentina incorporates corn into numerous customary culinary delights. One such example is Ulpada, a traditional non-alcoholic beverage that is highly favoured by most Argentinians. This refreshing drink is prepared using corn flour and sugar. Another delectable dish is Humita, which is crafted from succulent summer corn. This local delicacy holds immense popularity during national festivities and throughout the winter season, consequently driving up the Argentina corn market share.
The corn market in Argentina also benefits from the increasing demand from the animal feed sector, which is expanding as a result of the rising awareness of animal health. Among various cereals/ingredients used in animal feed, yellow corn stands out as one of the most popular choices. This is primarily because of its high nutritional value, which greatly benefits animal health. Additionally, yellow corn is both affordable and easily accessible, making it a convenient option for farmers. Furthermore, its longer shelf life compared to other cereals makes it an ideal choice for farmers who need to store and preserve feed for extended periods.
Market Segmentation
“Argentina Corn Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Organic
- Conventional
Market Breakup by Application
- Food and Beverages
- Animal Feed
- Ethanol Production
- Others
The market players are focusing on increasing their output by adopting modern production methods, further meeting the rising demand for corn from key application sectors.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Corn Market Overview
8.1 Key Industry Highlights
8.2 Latin America Corn Historical Market (2018-2023)
8.3 Latin America Corn Market Forecast (2024-2032)
8.4 Latin America Corn Market Breakup by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Argentina Corn Market Overview
9.1 Key Industry Highlights
9.2 Argentina Corn Historical Market (2018-2023)
9.3 Argentina Corn Market Forecast (2024-2032)
10 Argentina Corn Market by Product
10.1 Organic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Conventional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Argentina Corn Market by Application
11.1 Food and Beverages
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Animal Feed
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Ethanol Production
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Trade Data Analysis (HS Code: 1005)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Corn Market: Key Industry Highlights, 2018 and 2032
2. Argentina Corn Market: Key Industry Highlights, 2018 and 2032
3. Argentina Corn Historical Market: Breakup by Product (MMT), 2018-2023
4. Argentina Corn Market Forecast: Breakup by Product (MMT), 2024-2032
5. Argentina Corn Historical Market: Breakup by Application (MMT), 2018-2023
6. Argentina Corn Market Forecast: Breakup by Application (MMT), 2024-2032
7. Major Importing Countries by Volume
8. Major Exporting Countries by Volume
9. Major Importing Countries by Value
10. Major Exporting Countries by Value
11. Argentina Corn Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 0.60% between 2024 and 2032.
The market is driven by the increasing consumption of corn in the food industry, use of corn in feed applications, and growing agriculture sector.
The key trends aiding the market expansion include the rising adoption of precision farming techniques, government initiatives favouring corn production and other agricultural commodities, and the use of corn in numerous customary culinary delights.
The major products in the market are organic and conventional.
The major applications of corn in the market are food and beverages, animal feed, and ethanol production, among others.
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