Global Corn Market Growth, Industry Trends, Analysis, Applications, Drivers, Insights, Opportunities, Report and Forecast 2020-2025

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“Global Corn Market Growth, Industry Trends, Analysis, Applications, Drivers, Insights, Opportunities, Report and Forecast 2020-2025”
According to a new report by EMR titled, ‘Global Corn Market Report and Forecast 2020-2025, The global corn market attained a volume of 1118 million metric tons in 2019. The market is projected to increase at a CAGR of 5.3% in the forecast period of 2020-2025 to reach a volume of approximately 1524 million metric tons by 2025.

The global corn market is significantly driven by the increasing corn starch market. The United States is the largest producer as well as a significant exporter of the product, accounting for over 35% of the global exports. The other major countries exporting significant volume of corn are Russia, Ukraine, Brazil, and Argentina. Brazil is a significant exporter and is likely to surpass the United States in terms of exports.

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The consumer market is also being led by the United States, consuming 30% of the market share. Other important consuming nations include China, the European Union, Mexico, and Brazil. China along with the United States account for the largest consumers as these regions have rapidly growing end-use industries as well as corn starch processing plants. Mexico accounts for over 10% of the global imports, followed by Japan, Egypt, South Korea, and the European Union.

Read full Report with TOC – https://www.expertmarketresearch.com/reports/corn-market

In December 2019, Archer Daniels Midland Company entered into a partnership with IMCD to expand its starch portfolio in the Canadian Market, which will include corn starch, tapioca starch, and tapioca maltodextrin. Such developments are expected to aid the growth of the corn market in the coming years.

Market Analysis by Application:

1. Feed and Residual
2. Food, Seed, Industrial

Corn finds its applications in feed and residual, and food, seed, industrial sectors.

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Market Analysis by Regions:

1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa

The regional markets of corn can be segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

1. The global corn market is being driven by the rising demand from the food and bakery industry.
2. The corn industry is aided by the growing demand for corn starch, which is widely used as a thickener for sauces, gravies, and soups.
3. The industry is also being supported by the growing demand for sorbitol, which is widely used as sweeteners in the confectionery market.
4. The corn market is also supported by the growing demand from the paper and textile sectors.
5. The increasing demand for biofuels is also propelling the market growth for corn further.

Key Offerings of the report:

1. The EMR report gives an overview of the global corn production and consumption for the periods (2015-2019) and (2020-2025).
2. The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the major regions of corn.
3. The EMR report provides the regional price and trade analysis of the market.

Related Reports:

https://www.expertmarketresearch.com/reports/wheat-market
https://www.expertmarketresearch.com/reports/barley-market
https://www.expertmarketresearch.com/reports/soybean-market
https://www.expertmarketresearch.com/reports/asia-pacific-cassava-processing-market

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

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