Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Corn Market: By Application: Feed & Residual, Food, Seed, Industrial; Regional Analysis; Historical Market and Forecast (2017-2027); Price Analysis; SWOT Analysis; Porter’s Five Forces Analysis; Value Chain Analysis; Procurement Strategy; Competitive Landscape; Industry Events and Developments
Global Corn Market Outlook
The global corn market reached a volume of 1118 million metric tons in 2020. The corn market is expected to grow at a CAGR of 5.3% between 2021 and 2026 to reach a volume of nearly 1524 million metric tons by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major producing countries include the United States, China, and Brazil, with the United States accounting for nearly 36% of the total global output. The United States is also responsible for over 36% of the global exports, followed by Brazil, Argentina, Ukraine, and Russia, as the other major exporters of the crop, among others.
The significant consuming markets for corn include the United States, China, the European Union, Mexico, and Brazil. This growing demand in these regions is supported by the end-use sectors like the animal feed and corn starch markets. The United States and China are among the largest consumers owing to the significant presence of most of the end-use sectors in these regions. The countries that rely on imports are Mexico, Japan, South Korea, the European Union, and Egypt. The rising demand for corn in the United States is due to the growing feed sector and the industrial sector. The dominant application sector in the region is animal feed, followed by fuel ethanol. The growing corn starch processing industries are driving the demand for corn in China, as China is the leading key player in corn starch production. The country also accounts for a significant market share in other application sectors like HFCS and polyols.
The global corn market is being driven by the capacity expansions by major key players in the industry. Major key players, including Archer Daniels Midland Co (NYSE: ADM) as well as Tate & Lyle Plc, are expanding their production capacity and investing in mergers and acquisitions to enhance their output.
Properties and Applications
Corn refers to the yellow or white corn seeds, used mainly as livestock feed and as food for humans. It is also known as maize or Indian corn, a cereal plant belonging to the grass family called Poaceae, which has edible grain. The domesticated plant originated in the Americas, especially Mexico, and is among the most widely distributed food crops in the world.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Corn finds its applications in the following segments:
- Feed and Residual
- Food, Seed, Industrial
The EMR report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The global corn market is being driven by the increasing applications of corn in the end-use industries. Corn has wide applications in the production of corn starch. The industries are rapidly growing, especially the corn starch industry. Corn starch has its applications in the production of food ingredients, papers, ethanol, and sweeteners, among others. It is also used in the production of animal feed. The growing market demand for all these products is providing an impetus to the overall corn market. The increasing demand for animal feed, as well as ethanol, has resulted in increased production of the crop. Corn is used in making biofuel because of the content of the starch present, and it can easily be converted into ethanol.
The rapidly rising demand for the product in the United States and China is mainly driven by the increasing use of the crop in the end-use industries. The United States is a significant confectionery market, which is propelling the growth of the corn market as corn starch is used in the production of sorbitol and sweeteners. The growing demand for sorbitol, which is an end-use segment, is supporting the growth of the corn market, as well. Sorbitol is abundantly used due to its low-calorie content among the health-conscious population. Sorbitol has wide applications in personal care products and pharmaceuticals. The corn market is also being driven by the easy availability and low manufacturing cost of the product. The favourable policies of the government, as well as the increasing FDI flows for both pharmaceuticals and personal care products, has aided the growth of the corn market, especially in the Asia Pacific region. India and China represent the major emerging markets for the product in the Asia Pacific.
Competitive Landscape
The report gives a detailed analysis of the following key players (corn starch and derivatives) in the global corn market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Archer Daniels Midland Company
- Cargill Inc.
- Ingredion Inc.
- Tate & Lyle Plc
- Roquette Frères
- Tereos SA
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s five forces model, along with giving a SWOT analysis. The report also gives an analysis of the price trends and trade data of the market.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Feed & Residual, Food, Seed, Industrial |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends-Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Archer Daniels Midland Company, Cargill Inc., Ingredion Inc., Tate & Lyle Plc, Roquette Frères, Tereos SA |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Corn Market Analysis
6.1 Figure: Global Corn Historical Production (2017-2021) & Forecast (2022-2027)
6.2 Figure: Global Corn Historical Consumption (2017-2021) & Forecast (2022-2027)
6.3 Chart: Global Corn Market Breakup by Application
6.3.1 Feed & Residual
6.3.2 Food, Seed, Industrial
6.4 Figure: Global Corn Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
6.4.1 Feed & Residual
6.4.2 Food, Seed, Industrial
6.5 Chart: Global Corn Market Breakup by Region
6.5.1 North America
6.5.1.1 United State of America
6.5.1.2 Canada
6.5.2 Europe
6.5.2.1 United Kingdom
6.5.2.2 Germany
6.5.2.3 France
6.5.2.4 Italy
6.5.2.5 Others
6.5.3 Asia Pacific
6.5.3.1 China
6.5.3.2 Japan
6.5.3.3 India
6.5.3.4 ASEAN
6.5.3.5 Others
6.5.4 Latin America
6.5.4.1 Brazil
6.5.4.2 Argentina
6.5.4.3 Mexico
6.5.4.4 Others
6.5.5 Middle East and Africa
6.5.5.1 Saudi Arabia
6.5.5.2 United Arab Emirates
6.5.5.3 Nigeria
6.5.5.4 South Africa
6.5.5.5 Others
6.6 Figure: Global Corn Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
6.6.1 North America
6.6.1.1 United State of America
6.6.1.2 Canada
6.6.2 Europe
6.6.2.1 United Kingdom
6.6.2.2 Germany
6.6.2.3 France
6.6.2.4 Italy
6.6.2.5 Others
6.6.3 Asia Pacific
6.6.3.1 China
6.6.3.2 Japan
6.6.3.3 India
6.6.3.4 ASEAN
6.6.3.5 Others
6.6.4 Latin America
6.6.4.1 Brazil
6.6.4.2 Argentina
6.6.4.3 Mexico
6.6.4.4 Others
6.6.5 Middle East and Africa
6.6.5.1 Saudi Arabia
6.6.5.2 United Arab Emirates
6.6.5.3 Nigeria
6.6.5.4 South Africa
6.6.5.5 Others
7 Global Corn Price Analysis
7.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
7.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
7.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
7.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
7.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
8 Global Corn Trade Analysis (HS Code: 1005)
8.1 Major Exporting Countries: By Value and Volume
8.2 Major Importing Countries: By Value and Volume
9 Global Corn Starch Market Outlook
9.1 Figure: Global Corn Starch Historical Market (2017-2021) & Forecast (2022-2027)
9.2 Chart: Global Corn Starch Market Breakup by Application
9.2.1 Sweeteners (excl. HFCS)
9.2.2 HFCS Pharmaceuticals
9.2.3 Cosmetics
9.2.4 Paper
9.2.5 Feed
9.2.6 Other Food Use
9.2.7 Hydrocolloids
9.3 Figure: Global Corn Starch Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
9.3.1 Sweeteners (excl. HFCS)
9.3.2 HFCS Pharmaceuticals
9.3.3 Cosmetics
9.3.4 Paper
9.3.5 Feed
9.3.6 Other Food Use
9.3.7 Hydrocolloids
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Porter’s Five Forces Analysis
11.1 Overview
11.2 Buyer’s Power
11.3 Supplier’s Power
11.4 New Entrants
11.5 Degree of Rivalry
11.6 Substitutes
12 Value Chain Analysis
13 EMR’s Key Indicators for Demand
14 EMR’s Key Indicators for Price
15 Procurement Strategy
16 Competitive Landscape & Supplier Analysis (Corn Starch and Derivatives)
16.1 Archer Daniels Midland Company
16.1.1 Company Overview
16.1.2 Financial Analysis
16.2 Cargill Inc.
16.2.1 Company Overview
16.2.2 Financial Analysis
16.3 Ingredion Inc.
16.3.1 Company Overview
16.3.2 Financial Analysis
16.4 Tate & Lyle Plc
16.4.1 Company Overview
16.4.2 Financial Analysis
16.5 Roquette Frères
16.5.1 Company Overview
16.5.2 Financial Analysis
16.6 Tereos SA
16.6.1 Company Overview
16.6.2 Financial Analysis
17 Industry Events and Developments
Key Questions Answered in the Report
In 2020, the global corn market attained a volume of nearly 1118 million metric tons.
The market is projected to grow at a CAGR of 5.3% between 2021 and 2026.
The market is being driven by the growing demand for sorbitol and the rising use of corn in end-use industries, such as personal care and pharmaceuticals, among others.
The market growth is anticipated to be defined by the rising demand for corn in the animal feed industry, along with its growing uses as ethanol fuel, in the coming years.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of corn include feed and residual, and food, seed, industrial.
The major players in the industry are Archer Daniels Midland Company, Cargill Inc., Ingredion Inc., Tate & Lyle Plc, Roquette Frères, and Tereos SA.
Analyst Review
The global corn market attained a volume of about 1118 million metric tons in 2020, driven by the rising demand for corn from end-use industries. Aided by the increasing applications of corn in the animal feed and its use as ethanol fuel, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the corn industry can be segmented into feed and residual, and food, seed, industrial. The major regional markets for corn are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Archer Daniels Midland Company, Cargill Inc., Ingredion Inc., Tate & Lyle Plc, Roquette Frères, and Tereos SA.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global legal cannabis market is expected to grow in the forecast period of 2022-2027 at a CAGR of 23%.
The global coffee market stood at a value of around 114.1 USD billion in 2020. The market grew at a CAGR of 4.82% in the historical period of 2017-2021.
The global garlic market is being driven by the increasing production of processed foods like chutneys, pickles, curry powders, curried vegetables, meat and meat product preparations, and tomato ketch...
The Asia Pacific basmati rice market is driven by the growing India basmati rice market. Aided by increasing per-capita income and growing demand from consumers, the market is expected to witness furt...
The United States basmati rice market attained a volume of 10 MMT in 2020, driven by the increasing consumer demand for basmati rice owing to its excellent taste and quality and the rising awareness a...
NEWSLETTER