Raw Maize Market Scope
The raw maize is the cereal crop grown in wider adaptability under the various agricultural climatic conditions, it has the high yield potential in cereals and has varied nutrients properties good for health. The raw maize is grown in the range of 18°C and 27°C temperature during the day and at night with a temperature of around 14°C. The United States is the largest producer of the maize, it is widely used in many industrial products and applications like starch, food, oil, alcoholic beverages, pharmaceutical, cosmetics, etc.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | NATCOR Atlantic LLC (United States), Pride Milling Company (Pty) Ltd, (South Africa), Cargill, Incorporated (United States), Louis Dreyfus Company B.V. (Netherlands), The Archer Daniels Midland Company (United States), Bunge Ltd. (United States), ZEN-NOH (Japan), Nuziveedu Seeds Limited (India) and COFCO Group (China) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
NATCOR Atlantic LLC (United States), Pride Milling Company (Pty) Ltd, (South Africa), Cargill, Incorporated (United States), Louis Dreyfus Company B.V. (Netherlands), The Archer Daniels Midland Company (United States), Bunge Ltd. (United States), ZEN-NOH (Japan), Nuziveedu Seeds Limited (India) and COFCO Group (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Raw Maize market by Type , by Application (Food Sweeteners, Alcohol, Medicines, Animal Feed, Cosmetic and Others) and Region with country level break-up.
On the basis of geography, the market of Raw Maize has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 1st April 2019, Pride Milling’s Industrial Yellow Maize Mill, launched, is a new producer of industrial yellow maize products, including grits. The Mill boasts FSSC 22000 and SMETA accreditation, and GMO-Free certification to meet the requirements of the highly technical and growing industrial maize market. This yellow industrial maize mill operates from Pride Milling Devon, which is situated in the biggest yellow maize growing area in South Africa.
Influencing Trend:
Price Fluctuations in Raw Maize and Increased Consumption of Raw Maize in Aisa Pacific
Market Growth Drivers:
Increasing Demand for Healthy Cereal Crops for Better Nutrients Intakes and Growing Demand for Raw MAize in Pharmaceuticals Industry
Challenges:
Stringent Regulatory Standards on Raw Maize
Restraints:
Allergy-Related Issues with the Raw Maize and Seasonal Availability of Raw Maize in Some Regions of the World
Opportunities:
Growing Adoption of Raw Maize in Cosmetics Products because of its Nutrients which are Good for the Skin and Online Availability of the Raw Maize
Key Target Audience
Raw Maize Producers, Raw Maize Agriculture Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others