The United States is the leading consumer of corn worldwide. In 2023/2024, the U.S. consumed about 12 billion bushels of corn. The EU consumed about 12.04 billion bushels of corn in that year. Corn production in the U.S. Corn for grain makes up about a 27.5 percent share of all U.S. crop area harvested in 2022, meaning that corn has the second largest crop area in the United States. By contrast, corn for silage only makes up a two percent share of the total U.S. crop area. In 2022, approximately 13.7 billion bushels of corn for grain were produced in the United States. The vast majority of corn grown in the United States is enhanced with biotechnology. Corn utilization in the U.S. Though it is a popular and widely available vegetable in the United States, most of the corn grown in the United States is processed into ethanol, used as animal feed, or used to manufacture high fructose corn syrup. Of the 20 billion metric bushels of corn utilized in the United States in 2020/2021, about five billion metric bushels went to the production of ethanol and other by-products. In 2021, the average American consumed 4.3 pounds of fresh sweet corn, a decrease from about 9.2 pounds of sweet corn in 2010.
This statistic shows the total domestic use of corn in the United States from 2001 to 2023. In 2021, approximately 5.67 billion bushels of corn were used for feed and residual purposes in the United States.
The timeline shows the per capita consumption of fresh sweet corn in the United States from 2000 to 2023. According to report, the U.S. per capita consumption of fresh sweet corn amounted to 4.9 pounds in 2023.
In 2024/2025, it is expected that the United States will be the largest producer of corn worldwide with a production volume amounting to about ***** million metric tons. China and Brazil rounded off the top corn producing countries. Corn production Corn, also known as maize, is a grain plant cultivated for food. The origin of this grain remains unknown, however, many historians believe that corn was first domesticated in Mexico's Tehuacan Valley. Types of corn include sweet corn, popcorn, pod corn, flint corn, flour corn, waxy corn and dent corn. Corn is one of the most important crops in the United States. Over the last years, the country's corn farmers experienced constant increases in annual revenues. In 2022/23, the U.S. was responsible for almost one-third of the global corn production. Iowa and Illinois were the top U.S. states based on harvested area of corn for grain in 2023. That year, Iowa's corn for grain production value amounted to approximately ***** million acres. In 2022/23, the United States exported around **** million metric tons of corn, making the nation the world's second largest corn exporter. Mexico and China were the leading buyers of U.S. corn in 2022, purchasing approximately *** million bushels and *** million bushels respectively.
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In recent years, the US corn farming industry has experienced volatile revenue largely driven by changes in corn prices, production levels and crop yields. Early in the current period, up through 2022, corn prices saw a significant increase, which resulted in considerable revenue growth for farmers. This increase was fueled by high demand for biofuels and animal feeds and limited global supplies. However, as production ramps up both domestically and internationally, the industry has begun to feel downward pressure on corn prices. Record yields have led to oversupply, driving prices downward and increasing market competition. While sectors like livestock agriculture and industrial production have supported demand, the surplus has outpaced consumption and kept prices lower, causing challenges for farmers trying to maintain profit as fertilizer and seed prices stay high. Industry revenue has grown at a CAGR of 1.9% to reach an estimated $66.9 billion after a decrease of 5.6% in 2025. On the international front, the US corn export market has demonstrated resilience despite reduced demand from China, driven by geopolitical tensions and China's shift toward agricultural self-sufficiency. Retaliatory tariffs have further strained this trade relationship, while increased corn production from South America has intensified global competition, impacting US market share. However, the Russia-Ukraine conflict has disrupted Ukrainian corn supplies, leading many countries to turn to the US as an alternative source. This shift has bolstered exports to Asian and Latin American markets, mitigating the decline from China. Reduced domestic demand for products like high fructose corn syrup due to health concerns has made international trade increasingly vital for balancing the US corn market. Corn prices will remain volatile in the coming years, influenced by fluctuating crude oil prices that impact ethanol production and growing international competition. Policy changes, such as ethanol mandates and evolving trade agreements, will reshape international demand, offering growth opportunities abroad if US farmers can adapt to new biofuel and market needs. Climate change is a significant concern, threatening yields due to heat stress and shifting precipitation and insect population patterns. To protect productivity, farmers will have to invest more in fertilizers, pesticides, irrigation technologies and drought-tolerant crops. Industry revenue is forecast to grow at a CAGR of 0.7% to reach $69.1 billion in 2030.
"Agricultural Chemical Usage, Field Crops Summary" contains state and U.S. fertilizer and pesticide use data for corn, cotton, peanuts, rice, sorghum, soybeans, wheat, fall potatoes. Includes pesticide use by active ingredient, application rates, and acres treated.
Collection Organization: ERS and NASS
Collection Methodology: The information presented is the result
of a sample survey conducted for the crop year (end of harvest
for previous crop through harvest of current crop). A random
sample of fields was selected with probability proportional to
size, using information, obtained earlier in the year, from two
surveys of farm operators. Personal interviews were used to
obtain the information. Chemical data were collected at the
product level and converted to active ingredient for
summarization.
Collection Frequency: Annual survey.
Update Characteristics: Dataset not updated.
STATISTICAL INFORMATION:
The data reside in one ASCII text file.
LANGUAGE:
English
ACCESS/AVAILABILITY:
Data Center: National Agricultural Statistics Service
Dissemination Media: Diskette, Internet home page
File Format: ASCII delimited
Access Instructions: Call NASS at 1-800-999-6779 for historical
series data available on diskette. For historical series data
available online, connect to the Internet home page at Cornell
University.
Or connect at the NASS Internet home page.
URL: 'http://www.nass.usda.gov/index.asp'
The timeline shows the per capita consumption of corn products in the United States from 2000 to 2019. The U.S. per capita consumption of corn products amounted to 336.5 pounds in 2019. Corn products include flour and meal, hominy and grits, and food starch.
The United States was responsible for almost one third of the world's corn production in 2023/24. Most of the U.S. production is attributable to the Corn Belt, which is in the Midwest of the United States. Since the 1850s, corn has been the predominant crop in this area.
U.S. corn production
Most of the corn grow in in the U.S. is field corn. Field corn is not primarily for human consumption but is used to produce hundreds of other products such as ethanol, livestock feed, and other manufactured goods. In 2023, the U.S. harvested over 86 million acres of corn for grain. Wisconsin, California, and South Dakota were the top states producing corn for silage in the U.S. that year.
Global corn consumption: It’s Corn!
In 2022/23, just under 46 billion bushels of corn were consumed worldwide. The United States and China were the top consumers of corn in the world, each consuming over 11 billion bushels that year. Even though the U.S. leads in consumption globally, the consumption of sweet corn has declined drastically since 2015. Mexico, was the top importer of U.S. corn in 2022, followed by China.
This product summarizes fertilizer consumption in the United States by plant nutrient and major fertilizer products—as well as consumption of mixed fertilizers, secondary nutrients, and micronutrients—for 1960 through the latest year for which statistics are available. The share of planted crop acreage receiving fertilizer, and fertilizer applications per receiving acre (by nutrient), are presented for major producing States for corn, cotton, soybeans, and wheat (data on nutrient consumption by crop start in 1964). Fertilizer farm prices and indices of wholesale fertilizer prices are also available.
Attribution-NoDerivs 3.0 (CC BY-ND 3.0)https://creativecommons.org/licenses/by-nd/3.0/
License information was derived automatically
Statistics illustrates consumption, production, prices, and trade of Wet Corn in the United States from 2013 to 2024.
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The U.S. Maize Industry size was valued at USD 32.55 Million in 2023 and is projected to reach USD 48.22 Million by 2032, exhibiting a CAGR of 4.10 % during the forecast periods. This growth is fueled by the adoption of high-yielding hybrid seeds, government initiatives to promote maize production, rising food security concerns, and advancements in biotechnology. Hybrid seeds offer increased yields, improved nutritional content, and resistance to pests and diseases, making them a valuable tool for farmers. Major players in the industry include DuPont, Monsanto, and Syngenta. Key drivers for this market are: Rising Consumption of Cashew Nuts in the Country, Favorable Government Initiatives. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related to Food Quality Standards. Notable trends are: Various Industrial Application of Maize.
Maize Market Size 2024-2028
The maize market size is forecast to increase by USD 34.7 billion at a CAGR of 2.21% between 2023 and 2028. The market is driven by the rising demand for maize as a primary ingredient in various industries, including food processing and animal feed production. In the food sector, maize is extensively used in the production of corn syrup, corn flour, tortillas, and thickening agents such as cornstarch and corn oil. These products are essential in cooking and food manufacturing. However, the market faces several challenges, including logistics and distribution issues. Maize is a bulky and perishable crop, making efficient storage and warehouse management essential to maintain its quality and prevent losses. The complex supply chain, from farmers to consumers, requires effective coordination and management to ensure a steady flow of maize to meet the increasing demand. In the industrial sector, maize serves as a feedstock for the production of alcohol, with whiskey and vodka being notable examples. Furthermore, maize is also used as a raw material in the pharmaceutical industry for medication tablets. However, the market faces challenges in logistics and distribution due to the bulky nature and perishable characteristics of maize. Additionally, the increasing preference for organically cultivated maize is another trend shaping the market landscape.
What will be the Size of the Market During the Forecast Period?
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Maize, also known as corn, is a significant cereal crop worldwide, with various applications in food, livestock feed, and industrial purposes. This comprehensive analysis provides an insightful exploration of The market, focusing on its role as a staple food, feed grain, and raw material for diverse industries. Maize is a vital food source for numerous populations, particularly in North America. It is consumed in various forms, including field corn, sweet corn, popcorn, baby corn, and cornmeal. Cornmeal is further processed into various food products, such as tortillas, bread, and snacks.
Furthermore, the nutritional value of maize is attributed to its rich antioxidant content, including phenols and phytosterols. Maize serves as a primary feed grain for livestock production, particularly for poultry and swine. Its high energy content, primarily derived from its oil, makes it an essential component of livestock diets. Maize is extensively used in industrial processes, including the production of corn-based biofuels, plastics, and adhesives. In the food industry, it is used as a sweetener and thickening agent. Maize and soybean are two essential crops in the agriculture industry, with maize contributing significantly to the global protein supply.
Also, while maize is a primary source of feed protein, soybean is a major source of protein for human consumption. The synergy between these crops enhances their overall value in the agriculture sector. The Green Revolution marked a significant turning point in maize cultivation, leading to increased productivity and yield through the introduction of high-yielding varieties and modern agricultural practices. Biotechnological development has further revolutionized maize production, with genetically modified varieties offering enhanced resistance to pests and improved nutritional value. Urea cultivation is a crucial aspect of maize production, as it is used as a fertilizer to enhance crop growth and yield.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
End-user
Industrial
Retail
Food service
Geography
North America
US
APAC
China
South America
Brazil
Argentina
Europe
Middle East and Africa
By End-user Insights
The industrial segment is estimated to witness significant growth during the forecast period. Maize and its derivatives, including corn syrup, corn flour, and cornstarch, hold significant value in various industries. In food processing, maize is utilized in the production of tortillas, thickening agents, and alcoholic beverages such as whiskey and vodka. Beyond food applications, maize is employed as a raw material and feedstock in the manufacturing of pharmaceuticals, particularly in the production of medication tablets. Maize starch, a powdered byproduct, is utilized as a filler in the fabrication of plastics, adhesives, glues, resins, and artificial leather.
Additionally, maize oil, a refined vegetable oil extracted from corn germ, is employed in cooking and industrial processes, serving as a diluent and carrier in the production of insecticides and pesticides. Furthermore, it is incorporated into soaps, inks, and paints. Maize's versatility and wide-ranging app
The global corn export market was dominated by a handful of countries, with the United States in the lead. In the 2024/25 marketing year, the U.S. was expected to export about **** million metric tons of corn, accounting for about ********* of total corn exports worldwide. Other major producers include Brazil, Argentina, and Ukraine Global supply and demand Beyond its role as a global food source, corn serves as a versatile raw material for diverse industries. Its applications range from animal feed and ethanol production to the manufacturing of sweeteners, starches, cereals, beverages, and seeds. Worldwide corn production in 2022/23 reached over **** billion metric tons and was forecasted to slightly increase in 2023/24. This massive production is met with equally substantial demand, as global corn consumption is forecasted to reach nearly ** billion bushels in 2023/24.
U.S. dominance The United States produced nearly a third of the world's corn in 2023/24. The Corn Belt, a region in the U.S. Midwest, is the primary source of this production. Corn has been the dominant crop in this area since the 1850. The United States is expected to be the world's largest corn producer in 2023/2024, producing just under *** million metric tons. While China and Brazil are the second and third-largest producers, respectively
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 12.92(USD Billion) |
MARKET SIZE 2024 | 13.39(USD Billion) |
MARKET SIZE 2032 | 17.8(USD Billion) |
SEGMENTS COVERED | Oil Type ,Application ,Packaging ,Distribution Channel ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising health awareness Growing demand for natural and organic products Increasing preference for nonGMO food products Technological advancements in nonGMO oil production Government regulations and certifications |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Archer Daniels Midland Company ,Bunge Limited ,Cargill Incorporated ,Wilmar International Limited ,Louis Dreyfus Company ,COFCO Corporation ,Olam International Limited ,Sodrugestvo Group ,IOI Corporation Berhad ,Viterra Inc. ,Gavilon Group, LLC ,CHS Inc. ,Toepfer International Group ,ADM Alliance Nutrition, Inc. ,Fuji Oil Holdings Inc. |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | NonGMO clean label Growing health consciousness Surging demand for organic products Increasing disposable income Expanding retail distribution |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.63% (2024 - 2032) |
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The global corn flour market size is expected to be valued at US$ 19.34 billion in 2023. The growing demand for RTE products is creating incremental opportunities for producers.
Attributes | Details |
---|---|
Historical Value (2022) | US$ 18.23 billion |
Current Year Value (2023) | US$ 19.34 billion |
Expected Forecast Value (2033) | US$ 34.52 billion |
Projected CAGR (2023 to 2033) | 6.3% |
Country-wise Insights
Countries | 2022 Value Share in Global Market |
---|---|
United States | 20.1% |
Germany | 7.2% |
Japan | 4.7% |
Countries | Value CAGR (2023 to 2033) |
---|---|
United Kingdom | 4.9% |
China | 11.2% |
India | 5.1% |
The global price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total 71.5 U.S. dollars per tonnes. This overall decrease does not happen continuously, notably not in 2026, 2027, 2028, 2029, 2030, 2031 and 2032. The global price is estimated to amount to 758.23 U.S. dollars per tonnes in 2032. Notably, the global price of high fructose corn syrup was continuously increasing over the past years.World price refers to the price of commodities outside of one's own country and is determined by global levels of supply and demand. Sugar manufacturing
Sugar manufacturing is a long and meticulous process to execute. The initial steps include cleaning, milling, and clarification; it then moves to evaporation and crystallization, finishing with crystal separation. The sugar is refined before it hits the shelves to ensure all impurities get extracted. In 2023, the sugar manufacturing market value was forecasted at around 78 billion U.S. dollars, a 45 percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between 60 to 90 billion U.S. dollars .
Sugar production and consumption
As of 2023/2024, sugar production worldwide was about 183 million metric tons, a 13 percent increase from 2010/2011. The production value is forecasted to increase by just over 2 million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over 1 million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over 13 percent from 2010/2011 to 2023/2024.
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The global corn milling machine market is expected to hold a valuation of US$ 30177.17 million by 2033. The market is expected to grow at a moderate CAGR of 4.4% during the forecast period. As of 2023, the market is valued at US$ 19618.85 million.
Huge consumption of chewing gum in Asia-Pacific presents a huge potential in front of the corn milling machine market in the region
Attributes | Value |
---|---|
Corn Milling Machine Market Value (2022) | US$ 18792 million |
Corn Milling Machine Market Value (2023) | US$ 19618.85 million |
Corn Milling Machine Market Forecast Value (2033) | US$ 30177.17 million |
Corn Milling Machine Market Expected CAGR (2023 to 2033) | 4.4% |
The timeline shows the per capita consumption of corn sweeteners in the United States from 2000 to 2021. The U.S. per capita consumption of corn sweeteners amounted to 55.3 pounds in 2021. Corn sweeteners include high fructose corn syrup, glucose syrup, and dextrose.
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Farm animal feed producers enjoyed sustained sales growth until 2022. However, as feed producers generated perpetually greater growth, upstream suppliers suffered. A major drought across the continental US severely cut crop yields in 2020 and 2021, pushing domestic feed costs to historic highs and forcing feed manufacturers to increase prices to preserve already slim profits. Imports surged for a time, supplementing domestic production, but import values have slowed and they remain a minuscule share of domestic demand. While beef consumption is down, sales to beef cattle producers remained robust until recent years. Plus, poultry consumption is higher than ever. As a result, revenue has been climbing at a CAGR of 3.1% over the past five years but is expected to dip 0.8% in 2024 to total $79.3 billion. Much of animal feed producers' sales growth is attributable to the significant spike in surging feed prices through 2021 and 2022. However, feed producers have faced challenges in maintaining profit in the post-COVID era. Significant disruptions in the national supply chain have increased operating costs. Changing consumer sentiment has pushed many feed manufacturers to expand their R&D budgets to develop sustainable, more natural farm animal feed. Volatility in commodity prices has also constrained profit, exacerbated by the Russia-Ukraine war, two of the world’s largest corn and wheat suppliers. Despite growing poultry consumption, revenue is expected to sink through the end of 2029. The feed price is set to drop off from its previous highs swiftly, and feed producers will need to lower prices to remain viable in the increasingly competitive market. While the growth of viable international markets in countries like China will boost demand for meat products, exports from US farm animal feed producers will weaken, inhibiting more extensive global growth. Still, stabilizing prices will help producers stabilize profit. Revenue is forecast to sink at a CAGR of 0.8% over the next five years, reaching $76.3 billion in 2029.
The U.S. production value of sweet corn for the fresh and processing market amounted to approximately 999.94 million U.S. dollars in 2023. The per capita consumption of sweet corn in the U.S. amounted to about 4.4 pounds in 2021.
The United States is the leading consumer of corn worldwide. In 2023/2024, the U.S. consumed about 12 billion bushels of corn. The EU consumed about 12.04 billion bushels of corn in that year. Corn production in the U.S. Corn for grain makes up about a 27.5 percent share of all U.S. crop area harvested in 2022, meaning that corn has the second largest crop area in the United States. By contrast, corn for silage only makes up a two percent share of the total U.S. crop area. In 2022, approximately 13.7 billion bushels of corn for grain were produced in the United States. The vast majority of corn grown in the United States is enhanced with biotechnology. Corn utilization in the U.S. Though it is a popular and widely available vegetable in the United States, most of the corn grown in the United States is processed into ethanol, used as animal feed, or used to manufacture high fructose corn syrup. Of the 20 billion metric bushels of corn utilized in the United States in 2020/2021, about five billion metric bushels went to the production of ethanol and other by-products. In 2021, the average American consumed 4.3 pounds of fresh sweet corn, a decrease from about 9.2 pounds of sweet corn in 2010.